Manufacturing
South Africa: impact of COVID-19 on the footwear industry
Jirka Vymetal, the Executive Director of SAFLIA - Southern African Footwear and Leather Industries Association, spoke with local magazine S&V about the state of the footwear industry in the country
Asics will be distributed in Argentina by Dass
The Japanese-based sportswear brand is delegating the distribution of its branded products in Argentina to Brazilian-based company Dass
Manufacturing in Pirmasens is ending for Peter Kaiser
New investors were announced for Peter Kaiser. In addition to the current CEO Stefan Frank, a couple of investors join the business: Hans-Joachim and Gisa Sander (husband and wife), founders of cosmetics company Wella. Pirmasens production line to shut down
Revenue down by 26.5% in 2020 at Stella
The group’s consolidated revenue for the year ended on the 31st of December 2020 declined by 26.5% to 1 135 million US dollars, while shipment volumes for the year declined by 26.9% to 43.4 million pairs
Germany's manufacturing: new orders up by 1.4%
According to provisional results from the Federal Statistical Office (Destatis), real (price adjusted) new orders increased by a seasonally and calendar adjusted 1.4% in January 2021 compared with December 2020
Inditex: sales down by 28% in 2020
The Spanish-based retail group Inditex also generated profit of 1.1 billion euros in its 2020 financial year, with the figures attributed to a leap in online sales and strong customer engagement
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US Retail: footwear retail sales still below the 2018 average
No matter the seasonal hike in December, with flat retail sales of footwear since June 2020 and 20% lower than the 2018 average, the 1st quarter of 2021 will hardly beat this baseline. Even if one considers the hike in ecommerce, perspectives are not great. On top of that low consumer confidence and uncertainty regarding a full return of shoppers to the high street, add to the gloomy picture of retail in the US
US: steepest contraction in footwear consumption in 60 years
The US, one of the largest footwear markets, is the country registering more positive cases of COVID-19 since the outbreak of the pandemic. We have spoken with Matt Priest, President & CEO of the FDRA, the local footwear association, about the current situation in the country
Former Nike Executive Emma Minto joins Crocs
The brand of casual footwear for women, men and children, announced that Emma Minto was hired as Senior Vice President and General Manager, overseeing all Crocs operations for America
Argentina: recovery is still far away
Economic activities are operating in Argentina, with some restrictions given the need to constrain the diffusion of COVID-19 in the country. The deep contraction of footwear consumption is one of the main issues for the industry, according to the Chamber of the Footwear Industry
COVID-19: Chilean digital commerce accelerated at least 5 years in 2020
We spoke with FEDECCAL, the Chamber of Leather, Footwear and Allied Industries, to understand the main impacts of the pandemic in the country's footwear trade in 2020. We also discussed the acceleration of digital commerce in Chile last year, much driven by COVID-19
South Africa: industry impacted by slow retail sales
We spoke with Jirka Vymetal, Executive Director at SAFLIA, the Southern African Footwear & Leather Industries Association, to learn more about the current situation of the pandemic in the country and the impacts it is having on the footwear industry
Germany: closed stores are the big issue for this industry
Currently holding the 10th position in the list of countries with more cases of peope infected with COVID-19 since the outbreak of the pandemic, Germany currently has a stern lockdown in place. We spoke with HDS/L - Federal Association of German Footwear and Leather Goods Industry to learn what is happening with the local industry
France: the main problem for footwear is the drop in demand
Contrary to other European countries, currently France has not imposed a lockdown, although stores have to be closed by 6pm everywhere in the country. According to the French Footwear Federation the main problem impacting the footwear sector is the drop in demand-
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