Sales
Belgium: start of the summer sales put back to 1st of August
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%
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
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Shoe Carnival extends store closures
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
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
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
Flat net sales at Genesco
In the last three months of the year, Genesco announced net sales of 678 million US dollars. The total for the complete year reached 2.2 billion US dollars
Caleres sales up by 3.1%
Despite the decline in consolidated sales in the fourth quarter (-3.0%), Caleres closed the year with a 3.1% increase in consolidated sales
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
Crocs closes the year with 13% hike in revenue
The famous clog brand has announced two digits growth rates for the fourth quarter of the year (+21.8%) and the full year (13.1%). Crocs closed the year with optimism, despite the coronavirus expected impacts
Wolverine with highest quarterly growth of the year
Mid-teens revenue growth from Merrell and Sperry in the fourth quarter drives good performance of the group. As a result, Wolverine recorded the highest quarterly growth of the year
Puma with record sales
All regions and all product divisions were up by double digit rates, resulting in a 20.6% increase in total revuene. This made 2019 the best year in Puma's history
Capri cuts forecast as it expects to take the hit from coronavirus
The owner of Michael Kors, Jimmy Choo and Versace cut its forecasts as it warned of a 100 million US dollars hit to revenue due to the coronavirus outbreak in China
Sales up by 2.3% at Salvatore Ferragamo
The Italy-based luxury sector player released the Group’s Preliminary Consolidated Revenue for Fiscal Year 2019, which amount to 1,377 million Euros up 2.3% at current exchange rates and 1.3% at constant exchange rates
JD Sports with positive holiday sales
The sports-fashion retail company based in the UK announced an update on performance following the Christmas trading period. A positive like for like trend was registered-
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