World Footwear

News

New President for Keds

May 29, 2020 / United States
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

May 29, 2020 / United States
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

New Dates for Revolver and CFW

May 29, 2020 / Denmark
The announcement results from close collaboration between Copenhagen Fashion Week, trade fairs CIFF and Revolver, and industry organisations Dansk Fashion & Textile (DM&T) and Wear

Shoe Carnival: sales go down by 41.9% in quarter one

May 28, 2020 / United States
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

Capri gives update regarding phased reopening of global stores

May 28, 2020 / United Kingdom
After taking the hit of the diffusion of Covid-19 and having most stores closed across the world, Capri now has slightly more than half of the company’s global retail fleet of stores open

Burberry: sales decline by 27% in the last quarter

May 28, 2020 / United Kingdom
The British-based luxury fashion house was heavily impacted by the COVID-19 pandemic, with 60% of stores closed by the end of March. In the fourth quarter sales declined by 27%

JCPenney to close 242 locations

May 27, 2020 / United States
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

Gucci is going seasonless

May 27, 2020 / Italy
The announcement was made by Alessandro Michele, the brand’s Creative Director, using Gucci’s Instagram page

Footwear not profiting from 10 year high in UK online retail sales

May 26, 2020 / United Kingdom
According to IMRG Capgemini online retail sales in the UK grew by 23.8% Year-on-Year in April. Footwear and clothing experienced two-digit declines, as consumers shift their shopping patterns in a hot month

Visa: digital acceleration in Covid-19 era

May 26, 2020 / World
According to Visa's Chief Product Officer 13 million people in Latin America made their first-ever online purchase in March quarter. An increase in digital commerce spending was registered in the US

Mexico: 80% of footwear companies lost more than 51% revenue

Premium Content May 26, 2020 / Mexico
As footwear is not considered an essential sector, the industry is living with the suspension of activities and facing cancellations of purchase orders, liquidity issues and reduction in demand

Tod's with 29.4% drop in sales

May 25, 2020 / Italy
The Italian-based luxury group had a strong start of the year, until the outbreak of the pandemic. Group sales totaled 152.8 million euros in quarter one, down by 29.4% in the first quarter of 2019

Aldo to close Irish business

May 25, 2020 / Ireland
The news platform The Times is reporting that retailer Aldo is retrieving from Ireland. The footwear retailer has filed for bankruptcy protection in Canada, the US and Switzerland to restructure the business

Johnsons Shoes Company enters administration

May 25, 2020 / United Kingdom
The retailer, which operates under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration after suffering the impact of the Coronavirus pandemic. CVR Global were appointed as administrators

Clarks to cut 900 jobs globally

May 22, 2020 / United Kingdom
The British-based shoemaker has announced it will reduce its workforce by 900 over the next 18 months. The company which was already experiencing some issues took the hit of Covid-19
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