World Footwear

Shoes

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

Timberland & Savory Institute partner to build regenerative leather supply chain

Jun 5, 2020 / United States
Next Fall Timberland will launch a collection of boots made with leather from verified regenerative ranches sourced through Savory's Minnesota Hub, Thousand Hills Lifetime Grazed

VF’s CEO sends memo to employees comparing racism to virus

Jun 4, 2020 / United States
In a letter sent to all employees entitled “Racism is another virus to eradicate” VF Chairman, President and CEO Steve Rendle compared racism to the coronavirus pandemic

Don't do it campaign by Nike

Jun 3, 2020 / United States
The sportswear giant took a stand against racism with the Don't do it campaign, a twist in its famous catchy phrase, Just do it, as protests against police brutality spread across the US

We must start again all in it together, says Micam's CEO

Premium ContentJun 2, 2020 / Italy
We spoke with Tommaso Cancellara CEO of Micam and General Manager of the Italian Footwear Association to learn all the bits and pieces about the next September's edition of the trade fair

Deckers: sales up by 5.6% in last FY despite drop in the last quarter

Jun 2, 2020 / United States
US-based footwear group Deckers has reported net sales of 2.1 billion US dollars in the last financial year, with a 5.6% increase in sales, despite the decline of 4.9% in the last quarter

Good momentum for fitness at home

Jun 1, 2020 / United States
The home fitness trend is one of the biggest to emerge from the COVID-19 crisis. According to the NPD Group, in the seven weeks between the 15th of March and the 2nd of May, US home fitness equipment sales grew by 175%

Steve Madden with 17.5 million US dollars loss in first quarter

Jun 1, 2020 / United States
The US-based footwear brand Steven Madden reported a first-quarter loss of 17.5 million US dollars, after reporting a profit in the same period a year earlier. The company has felt the hit of the Covid-19 pandemic

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

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

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

Premium ContentMay 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
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