World Footwear

Sales

Caleres with loss of 345.8 million dollars

Jun 5, 2020 / United States
The US-based retailer presented first quarter results for the period ended on the 2nd of May, with net sales declining by 42%. Caleres had a loss of 345.8 million dollars in the period

adidas: business in China returns to growth

Jun 5, 2020 / China
In Greater China, adidas' first major market on the road to recovery, all stores have been open since mid-April. While store traffic remained below the prior year level in May, sales returned to growth

Zalando is expecting 2020 revenue to be up by 10%-20%

Jun 2, 2020 / Germany
The online platform issued a new full-year guidance considering the impact of the Covid-19 pandemic and says it expects gross merchandise volume (GMV) and revenues to grow by 10%-20%

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

Caleres reopening strategy

May 21, 2020 / United States
Caleres began to reopen retail stores in areas where restrictions have been relaxed or lifted, and by the end of May it expects to have 435 of its locations re-open

Picard calls for creditors’ protection

May 21, 2020 / Germany
The Germany-based leather goods label has moved to ask for creditors' protection. The company took the hit of the Covid-19 crisis as most of the retail locations with their products are now closed

US: slippers and work footwear outperform market patterns

May 20, 2020 / United States
According to the latest data by NPD, fashion footwear sale, in the new Covid-19 context, fashion footwear underperformed in total sales. Slippers sales doubled. Work/safety footwear with better performance

Germany: postponing season timings for footwear and leather goods

May 7, 2020 / Germany
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures

Skechers with 2.7% decline in sales

Apr 29, 2020 / United States
The US-based brand closed 2019 with strong results, which continued into the beginning of 2020. However, the slowdown in global markets impacted by the Covid-19 pandemic lead to a 2.7% fall in sales in quarter one

Belgium: start of the summer sales put back to 1st of August

Apr 17, 2020 / Belgium
This year’s summer sales will start a month later than normal in Belgium. The decision to postpone the start of the sales by a month is an attempt to mitigate the economic impact of the coronavirus pandemic on retail

US consumption declines by 16%

Apr 8, 2020 / United States
US-based NPD is monitoring the consumption in the country and has concluded the decline in the week terminating on the 21st of March reached two digits rates

Join the World Footwear Experts Panel today

Apr 8, 2020 / Business Conditions Survey
Follow the attached link and enrol in our Panel of Experts. As soon as a new edition of the World Footwear Business Conditions opens, we will contact you to get your input

Shoe Carnival extends store closures

Apr 3, 2020 / United States
The US-based footwear retailer has announced it would be extending its store closures until further notice, given the diffusion of the Covid-19 in the country

Burberry expects 30% drop in sales

Mar 27, 2020 / United Kingdom
The British-based luxury brand is already forecasting the hit from the impact of the Covid-19 pandemic. Burberry announced it is expecting a 30% decline in sales for the first quarter of 2020

Assocalzaturifici talks about Covid-19 impact in Italy

Premium ContentMar 24, 2020 / Coronavirus - Covid19
Italy has been the first country in Europe to take the hit of the Covid-19 epidemic, and it has been strongly impacted so far. We talked with Assocalzaturificci about the state of the footwear industry
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