World Footwear

Germany

Gallery Shoes goes back to original date

Jun 12, 2020 / Germany
New dates on different days of the week for the special format chosen to gather the events Gallery Fashion, Showroom Concept & Gallery Shoes. Gallery Shoes goes back to the dates originally scheduled

Germany: VAT cut to stimulate consumption

Jun 10, 2020 / Germany
The value-added tax (VAT) rate on non-food products is being reduced from 19% to 16%, starting from the 1st of July. The measure should be in place for the rest of the year and aims to give a boost to consumption and the economy

adidas: business in China returns to growth

Jun 4, 2020 / China
In Greater China, adidas' first major market on the road to recovery, all stores have been open since mid-April. While store traffic remained below the prior year level in May, sales returned to growth

Zalando is expecting 2020 revenue to be up by 10%-20%

Jun 2, 2020 / Germany
The online platform issued a new full-year guidance considering the impact of the Covid-19 pandemic and says it expects gross merchandise volume (GMV) and revenues to grow by 10%-20%

Picard calls for creditors’ protection

May 21, 2020 / Germany
The Germany-based leather goods label has moved to ask for creditors' protection. The company took the hit of the Covid-19 crisis as most of the retail locations with their products are now closed

Von Wellx shifts production from China to India

May 21, 2020 / India
The Germany-based manufacturer is moving its production from China to India. The project can create thousands of jobs in the Uttar Pradesh region

Footwear back in business in Europe

Premium ContentMay 12, 2020 / Coronavirus - Covid19
As European countries face the different stages of the sanitary crisis, they are also working on the re-opening of the economies. Today we bring you updates from Italy, Spain, Germany, Belgium, France and Poland

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

One date for Gallery Fashion, Showroom Concept & Gallery Shoes

Apr 23, 2020 / Germany
Igedo, the organisers of the events, have decided to hold them on the same date. Dusseldorf will receive the fashion world by the end of August

Premium Group cancels summer events

Apr 23, 2020 / Germany
The Premium Group has cancelled its Berlin summer trade shows, Premium and Seek, as well as its Fashiontech conference due to Covid-19

adidas gets approval for syndicated loan involving state-owned bank

Apr 22, 2020 / Germany
The sportswear giant received the approval of the German government for the participation of KfW, Germany’s state-owned development bank, in a syndicated revolving loan facility amounting to 3.0 billion euros

Puma to propose Suspension of Dividend and to hold digital AGM

Apr 21, 2020 / Germany
Given the strong negative impact of the Covid-19 crisis in the business, the Management Board of PUMA SE has decided to propose to the AGM the suspension of the dividend payment for fiscal 2019

BASF donates over 100 million protective masks

Apr 16, 2020 / Germany
As part of BASF’s “Helping Hands” campaign in the fight against the coronavirus pandemic, the company is donating 100 million protective masks to the Federal Republic of Germany

Puma stores reopen in Wuhan

Apr 8, 2020 / China
The giant sporstwear brand has re-opened its store in Wuhan, China, the city where the coronavirus was first reported. The company plans to re-open its five other stores in the greater Wuhan region by mid-April
Page 2 of 14