Compared to May 2019, total retail trade turnover reduced by 0.6 % in May 2020. Turnover of retail trade in food products grew by 1.6 %. Retail sale of clothing, footwear and leather goods with one of the most significant turnover drops
The Indiana-based retailer of footwear and accessories provided a business update following the re-opening of its stores amid the global COVID-19 pandemic
Businessinsider is quoting HR and staffing firm Adecco who confirms that retailers are hiring people to take temperatures and enforce social distancing
As many people change from classes into solo fitness, we could be witnessing a rise in demand for products for outdoor activities, individual sports or running
The US-based group has announced first quarter results marked by a decline of 44% in net sales. The sales decrease was driven by the closure of stores for the back half of the first quarter
The Michigan-based company said owned e-commerce grew by more than 90% in the first nine weeks of the second quarter of fiscal 2020, delivering more than 40% of Wolverine's revenue, a better-than-expected performance
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
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
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%
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 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
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
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
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
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