Coronavirus - Covid19
UK Retail: footfall down over by 40% in 2020
According to the British Retail Consortium a hard year ends a with footfall decline of 43%. Year on year UK Footfall decreased by 46.1% in December. The restrictions to contain the spread of COVID-19 are largely on the origin of such numbers
Portugal: retail closes, manufacturing is functioning as usual
The country is living in another State of Emergency, at least until the 30th of January. Industry, distribution and schools remain open and functioning as usual. Non-essential retail is once again closed
G-III enters the race to buy Arcadia
The New York-based group G-III Apparel is said to have entered the race to acquire Arcadia and to be among the top four candidates (Next, Boohoo and American-based Authentic Brands). However, G-III has not yet publicly confirmed
London Fashion Week will be digital and with no audience
The event will run from the 19th to the 23rd February 2021, with both womenswear and menswear designers to take part in a gender-neutral showcase. London Fashion Week February 2021 will be a digital event, taking into account the most recent government restrictions in England
Paris cancels physical shows for January fashion weeks
The two fashion weeks planned for this month in Paris - men's ready-to-wear and haute couture - will not have physical shows, as the French authorities decided to maintain the ban on the presence of an audience at events
FIMEC postponed to May 2021
The Brazil-held FIMEC - International Fair of Leather, Chemical Products, Components, Machines and Equipment for Footwear and Tanneries postponed the date of its next edition to May (4th-6th). The event will be physical
2020 should be Crocs' best year
The brand of casual footwear for women, men, and children, known by its clogs, raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%
Genesco: comparable sales decreased by 3%
The company reported that comparable sales, including both stores and direct sales, decreased by 3% for the quarter-to-date period ended on the 26th of December 2020. Same store sales decreased by 14% and sales for the company's e-commerce businesses increased by 49%
US loses 140 000 jobs in first monthly loss since Spring
The unemployment rate stayed at 6.7%, the first time it hasn't fallen since April. The last month of 2020 was marked by a loss of 140 000 jobs. This was the first monthly loss since the Spring, when the outbreak of the COVID-19 first took place
Denmark: all trade show activity suspended. CIFF goes digital
The Danish government’s extension of existing regulations and increasing COVID-19 restrictions results in all Danish trade show activity has been suspended until the 28th of February 2021. CIFF will be a digital event
England with new general confinement
The country is going into lockdown to try to avoid further pressure to an NHS already challenging its limits. This is the third confinement since the outbreak of COVID-19 back in March 2020. Northern Ireland, Scotland and Wales are also implementing similar measures
Confinement in the UK: What are the restrictions in Scotland?
Scotland has its own restriction levels ranging from zero to four. From midnight on the 4th of January, the mainland will move to "enhanced level four restrictions" until at least the end of the month. The islands will stay in tier three
Wales and Northern Ireland in lockdown
As England enters a new total confinement today and Scotland has moved into “enhanced level four restrictions" from midnight on the 4th of January, Wales and Northern Ireland also apply new restrictions
CIFF goes digital and launches new platform in January
The Danish fashion and clothing fair CIFF - Copenhagen International Fashion Fair announced that it will not hold the next edition, in February 2021, in its conventional format, and is now focusing on the launch of a new digital platform
Spain Retail: After the hit of COVID-19, retail is still trying to recover
Similarly to what happened in other countries, the Textile, Clothing and Footwear (TCF) Retail Sales have lived dramatic moments with the first wave of COVID-19 hitting Spain, one of the European countries with most critical sanitary emergency. TCF sales almost disappeared in April and although the scenario improved from there, one cannot say that recovery materialised completely in the South Europe country-
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