United States
Macy’s announces restructuring plan
The New York-based retailer announced it will eliminate approximately 3 900 corporate and management roles. With the actions announced Macy's anticipated to create approximately 630 million US dollars per year in savings
COVID-19 pandemic adds to job’s descriptions and fuels new hires
Businessinsider is quoting HR and staffing firm Adecco who confirms that retailers are hiring people to take temperatures and enforce social distancing
Brazilian footwear exports decreased by 66% in May
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 2.7 million pairs were shipped in May, generating 23.9 million US dollars of revenue. This resulted in decreases both in volume (-64.7%) and in value (-66%)
50% of luxury firms may be at risk
Daniel Langer, Chief Executive of Luxury, Lifestyle and Consumer Brand Strategy from firm Équité, believes half of the luxury brands around the world will fail to survive the COVID-19 crisis
Genesco: sales down by 44%
The US-based group has announced first quarter results marked by a decline of 44% in net sales. The sales decrease was driven by the closure of stores for the back half of the first quarter
FDRA's Global Shoe Sourcing Digital Series
The Footwear Distributors and Retailers of America (FDRA) is running a digital series on Global Shoe Sourcing. The series will be held from the 27th to the 30th of July. We bring you all the info about the event
Matt Priest talks about FDRA and FFANY joining forces
This deal, which will place FFANY (Fashion Footwear Association of New York) under the Footwear Distributors & Retailers of America (FDRA) hierarchy, later in the year, follows years of talks about a possible union between the two parties
AAFA advocates for digital labelling
The American Apparel & Footwear Association (AAFA) is calling for the ability to provide digital labels. The association has sent a letter to the US Federal Trade Commission urging that the labelling requirements are updated
Puma opens Midwest Fulfilment Centre in Indiana
Puma has opened a new fulfilment centre in Whitestown, Indiana. With an area of 640 000 square feet, the new centre will complement the company’s California campus
Crocs announces new European Distribution Centre
Crocs announced that construction of its largest distribution centre in Europe has started. The facility will be located in Dordrecht, in the Netherlands
Online sales deliver more than 40% of Wolverine’s revenue
The Michigan-based company said owned e-commerce grew by more than 90% in the first nine weeks of the second quarter of fiscal 2020, delivering more than 40% of Wolverine's revenue, a better-than-expected performance
Caleres with loss of 345.8 million dollars
The US-based retailer presented first quarter results for the period ended on the 2nd of May, with net sales declining by 42%. Caleres had a loss of 345.8 million dollars in the period
Timberland & Savory Institute partner to build regenerative leather supply chain
Next Fall Timberland will launch a collection of boots made with leather from verified regenerative ranches sourced through Savory's Minnesota Hub, Thousand Hills Lifetime Grazed
Brazil: Covid-19 pandemic shrinks footwear exports
The Brazilian Footwear Industries Association (Abicalçados) believes the COVID-19 pandemic played an essential role in the decline registered in footwear exports during the first four months of the year
VF’s CEO sends memo to employees comparing racism to virus
In a letter sent to all employees entitled “Racism is another virus to eradicate” VF Chairman, President and CEO Steve Rendle compared racism to the coronavirus pandemic-
Footwear Consumer 2030
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