Retail
Covid-19 in Asia: latest update
After reporting the situation in Vietnam, Republic of Korea and Malaysia, today we bring you more news from Cambodia and Japan
Mexico: early stages of Covid-19
Mexico is still at the beginning of the epidemic diffusion and footwear factories continue to operate in the country. We spoke with Prospecta to understand how the situation is evolving
Covid-19 hits the US
As we write this article the US becomes the fourth country with the higher number of Covid-19 cases after China, Italy and Spain. The impacts on the industry start to be felt
Europe in the midst of Covid-19: consequences for footwear
Reports come from several countries regarding retail closures. Manufacturing continues to be on, although some issues with access to raw materials are being felt by some businesses
Genesco closes stores temporarily
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
How Covid-19 is being felt in Africa and Latin America
While countries in Europe seem to be in the midst of the pandemic, Africa and Latin America are facing the early stages of the Covid-19 diffusion in their territories
How Covid-19 is impacting the Asian countries
Over the last few days, we have all received reports of retail closures and limitations on the manufacturing activity from all over the world. Today we bring you updates from the situation in the Asian countries
Shoe Zone announces deferral of dividend payment
The company is planning to cancel its final dividend payment after witnessing a drop in footfall as a result of the Covid-19 pandemic
Nike closes several stores temporarily
The giant sportswear brand decided to close stores in several countries, including in the United States, Canada, Western Europe, Australia and New Zealand to limit the spread of the coronavirus
Under Armour is temporarily closing North American stores
The Baltimore-based company has announced they will close all stores in North America from the 16th of March through the 28th of March 2020
Dick's Sporting Goods with increasing sales
The US-based retail chain has announced an increase in sales in the last fiscal year (+3.7%). Dick's remains enthusiastic about the business in 2019 balancing it with a degree of caution over the coronavirus
FDRA asks for a freeze on shoe duties
Footwear Distributors and Retailers of America (FDRA), the footwear industry’s business and trade association, sent a letter to the White House applauding the proposed payroll tax cut but also encouraging a freeze on footwear duties
Coronavirus to impact US mall traffic
A survey conducted by Coresight Research revealed that nearly three-quarters of US consumers would avoid malls or shopping centres if the coronavirus outbreak worsens in the country
Sustainability: consumers care but aren't prepared to pay more
Sustainability is one of the most discussed topics of the moment, so in the first edition of the World Footwear Business Conditions Survey we have asked our experts about sustainability and consumers
World Footwear Business Conditions Survey reveals signs of optimism
According to an online survey conducted by the World Footwear in the end of December the industry is optimistic about the footwear business and expect quantities and prices to increase in the next six months-
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Footwear Consumer 2030
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