United States
Retailers congratulate Pandemic Risk Insurance Act
The National Retail Federation welcomed the introduction of the Pandemic Risk Insurance Act, which would establish a federal program to help businesses obtain insurance coverage for pandemics
Good momentum for fitness at home
The home fitness trend is one of the biggest to emerge from the COVID-19 crisis. According to the NPD Group, in the seven weeks between the 15th of March and the 2nd of May, US home fitness equipment sales grew by 175%
Steve Madden with 17.5 million US dollars loss in first quarter
The US-based footwear brand Steven Madden reported a first-quarter loss of 17.5 million US dollars, after reporting a profit in the same period a year earlier. The company has felt the hit of the Covid-19 pandemic
New President for Keds
Bornie Del Priore is taking the reins of Keds, one of the brands of the Wolverine’s portfolio. She has more than two decades of global footwear industry experience
Under Armour with phased store re-opening in North America
The company reopened its first US stores to customers on the 15th of May and opened additional stores last week. By today Under Armour will have welcomed customers back to nearly 50% of its North America stores
Shoe Carnival: sales go down by 41.9% in quarter one
The Evansville-based retailer reported results for the first quarter ended on the 2nd May 2020 marked by a decline in sales of 41.9%, resulting mainly from all stores being closed for approximately 50% of que quarter
JCPenney to close 242 locations
According to a filing with the Securities and Exchanges Commission, retailer J.C. Penney, which recently filed for bankruptcy protection, plans to close more than 200 locations
Magic, Project and Micam Americas postponed to the end of September
Informa Markets Fashion has made the decision to postpone August’s 2020 Las Vegas marketplaces. Magic, Project and Micam Americas will now provisionally take place from the 29th of September to the 1st of October
Caleres reopening strategy
Caleres began to reopen retail stores in areas where restrictions have been relaxed or lifted, and by the end of May it expects to have 435 of its locations re-open
US: slippers and work footwear outperform market patterns
According to the latest data by NPD, fashion footwear sale, in the new Covid-19 context, fashion footwear underperformed in total sales. Slippers sales doubled. Work/safety footwear with better performance
Nordstrom permanently closes Jeffrey Stores
The announcement was made by founder Jeffrey Kalinsky on his Instagram page. He declared that his boutique business, comprised of three stores in partnership with Nordstrom, will permanently close
US: only 32% of the shoppers say they are ready to buy footwear in stores
As stores reopen across the US, a recent study by First Insight found that the majority of consumers (54%) are ready to buy apparel in-store. For footwear, those saying they are willing to go back to stores is lower (32%)
Store safety measures implemented by DSW
As it starts to re-open almost 200 stores in the US and Canada DSW announced it will implement several safety measures
Nike joins with athletes to thank frontline healthcare workers
The sportswear giant announced it will partner with non-profit Good360 in the United States and local organizations across Europe to donate more than 140 000 pieces of footwear, apparel and equipment globally
Cat Footwear with new President
Chip Coe has been named the new global brand President of Cat Footwear, a division of Wolverine World Wide Inc-
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