Retail
COVID-19: Chilean digital commerce accelerated at least 5 years in 2020
We spoke to FEDECCAL, the Chamber of Leather, Footwear and Allied Industries, to understand the main impacts of the pandemic in the country's footwear trade in 2020. We also discussed the acceleration of digital commerce in Chile last year, much driven by COVID-19
How is COVID-19 impacting the footwear industry in different countries?
With the world fast approaching 100 million cases of infected people and with vaccination now in place in several countries, we did a round of conversations with footwear associations across the world to understand what the current situation of the footwear industry is in their countries, and to learn where and in what conditions are footwear stores open
Germany: closed stores are the big issue for this industry
Currently holding the 10th position in the list of countries with more cases of peope infected with COVID-19 since the outbreak of the pandemic, Germany currently has a stern lockdown in place. We spoke with HDS/L - Federal Association of German Footwear and Leather Goods Industry to learn what is happening with the local industry
France: the main problem for footwear is the drop in demand
Contrary to other European countries, currently France has not imposed a lockdown, although stores have to be closed by 6pm everywhere in the country. According to the French Footwear Federation the main problem impacting the footwear sector is the drop in demand
Italy: footwear SMEs in difficult situation
The Italian government has split the country’s regions into three zones, which determine the extent of restrictions applied in each moment. There are currently no restrictions to footwear manufacturing, but Assocalzaturifici's President says the situation is not good for SMEs
Malaysia: the industry is stopped
Malaysia is facing another wave of COVID-19 and is currently under Movement Control Order 2.0 since the 13th of January. This is planned to long until the 2nd of February, but might extend further
Canada: Chapter 11 is a big issue for manufacturers
We spoke with Denis Falardeau, President of the Shoe Manufacturers’ Association of Canada to learn more about the current situation in the country driven by the COVID-19 pandemic. Companies filling Chapter 11 is a big issue at the moment, according to him
Spain: third wave of the pandemic hits the country
As the country is living another wave of the pandemic, we have spoken to FICE, the Federation of Spanish Footwear Industries to learn the latest about the impacts of COVID-19 in the Spanish footwear industry
Hong Kong: business as usual for the footwear industry
The situation in Hong Kong “is very much under control”, according to William Wong, Vice President of the Hong Kong Footwear Association, who told us the latest about the impact of COVID-19 in the region
JD Sports raises profit forecast
Despite having to deal with many temporary store closures across several territories, JD Sports registered robust demand throughout the second half, including in the months of November and December
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
Nordstrom holiday sales fall by 22%
The American chain of luxury department stores announced a net sales decline of approximately 22% for the nine-week holiday period ended on the 2nd of January 2021, compared with the nine weeks ended on the 4th of January 2020
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
UK: online sales growth hits 13-year high
Following an outstanding performance in November, online retail sales growth in December remained high at 37% Year-on-Year (YoY) growth. Online retail sales growth for the full year stands at 36% YoY, resulting in the highest annual growth since 2007-
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