World Footwear

Retail

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

Nike closes several stores temporarily

Mar 16, 2020 / United States
The giant sportswear brand decided to close stores in several countries, including in the United States, Canada, Western Europe, Australia and New Zealand to limit the spread of the coronavirus

Under Armour is temporarily closing North American stores

Mar 16, 2020 / United States
The Baltimore-based company has announced they will close all stores in North America from the 16th of March through the 28th of March 2020

Dick's Sporting Goods with increasing sales

Mar 12, 2020 / United States
The US-based retail chain has announced an increase in sales in the last fiscal year (+3.7%). Dick's remains enthusiastic about the business in 2019 balancing it with a degree of caution over the coronavirus

FDRA asks for a freeze on shoe duties

Mar 11, 2020 / United States
Footwear Distributors and Retailers of America (FDRA), the footwear industry’s business and trade association, sent a letter to the White House applauding the proposed payroll tax cut but also encouraging a freeze on footwear duties

Coronavirus to impact US mall traffic

Mar 6, 2020 / United States
A survey conducted by Coresight Research revealed that nearly three-quarters of US consumers would avoid malls or shopping centres if the coronavirus outbreak worsens in the country

Sustainability: consumers care but aren't prepared to pay more

Premium ContentMar 3, 2020 / Business Conditions Survey
Sustainability is one of the most discussed topics of the moment, so in the first edition of the World Footwear Business Conditions Survey we have asked our experts about sustainability and consumers
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