World Footwear

Footwear

Aldo asks for creditors' protection

May 11, 2020 / Canada
The Canada-based group, created in 1972, requested a creditors' agreement at the Quebec Superior Court. The same procedure was initiated in the United States and Switzerland might follow

Puma focuses on survival and recovery

May 8, 2020 / Germany
The sportswear brand is working with 3 phases - Survive, Recover, Grow Again - as it deals with the impacts of Covid-19. First quarter sales declined by 1.3%, but in the current quarter revenue is at 50% normal level

Germany: postponing season timings for footwear and leather goods

May 7, 2020 / Germany
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures

Neiman Marcus files for bankruptcy

May 7, 2020 / United States
The luxury retailer became the first major US department store group to file for bankruptcy protection during the coronavirus pandemic

Nordstrom to close 16 stores as it restructures the business

May 6, 2020 / United States
As the company prepares to re-open ist stores, as Covid-19 restrictive measures start to be alleviated, Nordstrom has announced it plans to permanently close 16 full-line stores

Re-opening the economies after Covid-19

May 5, 2020 / Coronavirus - Covid19
As many countries start to alleviate the restrictive measures of the last weeks and re-open their economic activities, several concerns fill everyone's thoughts, as we all witness changes in retail, manufacturing, and consumption

Burberry says it will not apply for British state crisis money to pay salaries

May 5, 2020 / United Kingdom
With the UK under lockdown given the Covid-19 pandemic, many companies have taken advantage of the state job retention scheme. Burberry has said it won't take any of this cash

J.Crew files for bankruptcy protection

May 5, 2020 / United States
The multi-brand, multi-channel, specialty fashion retailer J. Crew became the first major US retailer to file for bankruptcy protection in the middle of the coronavirus outbreak

Footwear consumption to decline 22.5% in 2020 as supply chain gets re-organised

Premium ContentMay 4, 2020 / Business Conditions Survey
The World Footwear' experts panel is foreseeing a drop in global footwear consumption of 22.5% in the current year. Read the main conclusions on the impacts of Covid-19 in the footwear industry

Shoe Carnival initiates store re-openings

May 4, 2020 / United States
Last Friday the company re-opened 122 stores in states where the local authorities have alleviated or cancelled previous restrictive orders. Today, Shoe Carnival will add approximately 62 additional stores to the opening list

India: leather industry asks the Government for a lockdown exit plan

May 1, 2020 / India
One of the key players in the leather industry is now asking the Government to set a plan for the sector once the lockdown is exited next week. The Council for Leather Exports is urging for measures

Ross Stores donates 1.5 million US dollars to Covid-19 relief efforts

May 1, 2020 / United States
The department store chain has explained how they are contributing to assist with the Covid-19 relief efforts

Macy's plans to reopen 68 stores on Monday

May 1, 2020 / United States
The American department store chain is re-opening 68 stores on Monday in states that reduced coronavirus lockdown restrictions. Macy's plans to re-open more stores in the upcoming weeks

Overcube offers medical gowns

Apr 29, 2020 / Portugal
“Together We Are the Solution” is the name of the initiative that marks the first solidarity project of OvercubeCollectiva, the social responsibility area of digital platform Overcube

Skechers with 2.7% decline in sales

Apr 29, 2020 / United States
The US-based brand closed 2019 with strong results, which continued into the beginning of 2020. However, the slowdown in global markets impacted by the Covid-19 pandemic lead to a 2.7% fall in sales in quarter one
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