World Footwear

Retail

Shoe Carnival extends store closures

Apr 3, 2020 / United States
The US-based footwear retailer has announced it would be extending its store closures until further notice, given the diffusion of the Covid-19 in the country

Chile: Covid-19 is aggravating the situation caused by social instability

Premium ContentApr 2, 2020 / Chile
The country is still feeling the early stages of Covid-19 diffusion with little more than 3 000 confirmed cases. We spoke with FEDECCAL to understand the impact in the footwear industry

Foschini to stop rental payments during South Africa’s lockdown

Apr 2, 2020 / South Africa
The South African retailer said it’s stopping rental payments as it takes the hit of the coronavirus outbreak

Hermès reduces proposed dividend

Apr 1, 2020 / France
The French luxury goods group said it has decided to reduce its planned 2020 dividend to shareholders in order to implement some measures to response to the coronavirus outbreak

South Africa-based Edcon struggles amid Covid-19

Mar 31, 2020 / South Africa
The clothing, footwear and textiles retailer said it won’t be able to pay suppliers and may not be able to re-open at the end of the 3-week national shutdown to fight the coronavirus spread

Covid-19: impact in Greece

Mar 30, 2020 / Greece
As we continue to cover the impacts of the diffusion of Covi-19 across the world and as countries take several measures to fight it, we bring you all relevant updates. This time from Greece

Macy’s updates the market in regard to Covid-19

Mar 30, 2020 / United States
All of the company' stores have been closed since the 18th of March and will remain closed until it is safe to reopen. Company announces that majority of workers will go on furlough beginning this week

Covid-19 in Asia: latest update

Premium ContentMar 25, 2020 / Asia
After reporting the situation in Vietnam, Republic of Korea and Malaysia, today we bring you more news from Cambodia and Japan

Mexico: early stages of Covid-19

Premium ContentMar 24, 2020 / Mexico
Mexico is still at the beginning of the epidemic diffusion and footwear factories continue to operate in the country. We spoke with Prospecta to understand how the situation is evolving

Covid-19 hits the US

Premium ContentMar 23, 2020 / Coronavirus - Covid19
As we write this article the US becomes the fourth country with the higher number of Covid-19 cases after China, Italy and Spain. The impacts on the industry start to be felt

Europe in the midst of Covid-19: consequences for footwear

Premium ContentMar 20, 2020 / Coronavirus - Covid19
Reports come from several countries regarding retail closures. Manufacturing continues to be on, although some issues with access to raw materials are being felt by some businesses

Genesco closes stores temporarily

Mar 20, 2020 / United States
Another group closes doors in the US following the rapid diffusion of the Covid-19 on the country. Genesco recently announced its business guidance for 2020, but is now withdrawing it

How Covid-19 is being felt in Africa and Latin America

Premium ContentMar 19, 2020 / Coronavirus - Covid19
While countries in Europe seem to be in the midst of the pandemic, Africa and Latin America are facing the early stages of the Covid-19 diffusion in their territories

How Covid-19 is impacting the Asian countries

Premium ContentMar 18, 2020 / Coronavirus - Covid19
Over the last few days, we have all received reports of retail closures and limitations on the manufacturing activity from all over the world. Today we bring you updates from the situation in the Asian countries

Shoe Zone announces deferral of dividend payment

Mar 17, 2020 / United Kingdom
The company is planning to cancel its final dividend payment after witnessing a drop in footfall as a result of the Covid-19 pandemic
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