News
US: only 32% of the shoppers say they are ready to buy footwear in stores
As stores reopen across the US, a recent study by First Insight found that the majority of consumers (54%) are ready to buy apparel in-store. For footwear, those saying they are willing to go back to stores is lower (32%)
Nike joins with athletes to thank frontline healthcare workers
The sportswear giant announced it will partner with non-profit Good360 in the United States and local organizations across Europe to donate more than 140 000 pieces of footwear, apparel and equipment globally
Cat Footwear with new President
Chip Coe has been named the new global brand President of Cat Footwear, a division of Wolverine World Wide Inc
Richemont with two-digit sales drop
The luxury group closed the financial year with a 2% growth in sales, but the last quarter (ended 31st March 2020) was heavily impacted by Covid-19
FICE defends alternative measures to the prohibition of sales
The Federation of Spanish Footwear Industries (FICE) requested for the consideration of alternative and equally efficient measures to the prohibition of discounts in brick and mortar locations
Wolverine: revenue declines by 16.1%
The Michigan-based group has reported financial results for the first quarter ended on the 28th of March and updated its actions related to the Covid-19 pandemic
South Africa starts re-opening
The country is now on Alert Level 4 and started to alleviate some of the measures put in place in recent weeks to fight the diffusion of Covid-19 in South Africa
Spanish retailers ask for the suspension of commercial leases
Some of the major Spanish retailers have sent a request to the Spanish Government, led by Pedro Sanchez, for a change in the clauses in their commercial leases, given the current coronavirus crisis
Micam prepares September edition
The Milano-held trade fair announced the coming edition to be held at the Rho trade-fair centre from the 20th to the 23rd September as an opportunity for the industry to get restarted after Covid-19
South Korea: retail open as usual
The Asian country has a total number of reported cases is slightly below 11 000, with the death toll just near the 260 threshold
Brazil: footwear industry with 28.4 thousand jobs lost
According to a study by Abicalçados, the Brazilian Footwear Industries Association, the diffusion of Covid-19 has heavily impacted the Brazilian footwear sector, which has already lost 28 400 jobs
Italian footwear industry with 38% drop in sales
In the first quarter of 2020 Italian footwear companies had an average drop in sales of -38.4%. In the same period orders declined by 46.2%, according to Assocalzaturifici
The new normal in Malaysia
The country is currently under Phase 5 of its MCO (Movement Control Order) until the 9th of June. Manufacturing and retail are operational with restrictions
Covid-19: situation worsens in Chile
The country seems to be entering in a critical stage of the diffusion of the disease. With many restrictions applied to the economy, footwear is being hit hard
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