World Footwear

Companies

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

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

Crocs launches Free Pair for Healthcare Program

Mar 27, 2020 / United States
The US-based footwear manufacturer is offering US healthcare workers fighting Covid-19 a free pair of Crocs and free shipping

Chanel workshops to make face masks

Mar 27, 2020 / France
The French-based luxury fashion group said it will launch production of face masks to increment the supply in France, as the coronavirus spreads across the country

New Generation: meet Catarina Neves

Mar 26, 2020 / Portugal
With a background in architecture, Catarina has always designed pieces for herself. When requests from friends and family started to increase, she decided to create Pallas

Shoe Carnival with record net sales

Mar 26, 2020 / United States
The Indiana-based company announced results for fiscal 2019. The year was marked by a record 1.037 billion US dollars in net sales

Under Armour contribution to fight Covid-19: 2 million US dollars donated

Mar 25, 2020 / United States
The Baltimore-based footwear brand will donate 2 million US dollars aimed to provide community support for those impacted by recent pandemic

Owner of Melissa stops manufacturing activities

Mar 20, 2020 / Brazil
Brazil-based Grendene Group, owner of Melissa and Ipanema brands, has decided to implement mandatory collective vacation for all employees in their units in the country

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

Chanel closes production sites

Mar 20, 2020 / France
The France-based luxury house announced it has decided to close its core production sites in three European countries: France, Italy and Switzerland, either completely or partially

Flat net sales at Genesco

Mar 19, 2020 / United States
In the last three months of the year, Genesco announced net sales of 678 million US dollars. The total for the complete year reached 2.2 billion US dollars

Kering donates 2 million euros to hospitals

Mar 19, 2020 / France
The French-based group, owner of brands such as Gucci, Yves Saint Laurent or Balenciaga has announced their contribution to the fight of the coronavirus outbreak

Capri issues statement regarding Covid-19

Mar 18, 2020 / United Kingdom
Given the global diffusion of the Covid-19 Capri, the owner of Jimmy Choo, Versace and Michael Kors, made an announcement to the markets. The company will provide updates later regarding the impact of the pandemic

Caleres sales up by 3.1%

Mar 18, 2020 / United States
Despite the decline in consolidated sales in the fourth quarter (-3.0%), Caleres closed the year with a 3.1% increase in consolidated sales
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