World Footwear

News

Shoe Carnival initiates store re-openings

May 4, 2020 / United States
Last Friday the company re-opened 122 stores in states where the local authorities have alleviated or cancelled previous restrictive orders. Today, Shoe Carnival will add approximately 62 additional stores to the opening list

India: leather industry asks the Government for a lockdown exit plan

May 1, 2020 / India
One of the key players in the leather industry is now asking the Government to set a plan for the sector once the lockdown is exited next week. The Council for Leather Exports is urging for measures

Ross Stores donates 1.5 million US dollars to Covid-19 relief efforts

May 1, 2020 / United States
The department store chain has explained how they are contributing to assist with the Covid-19 relief efforts

Macy's plans to reopen 68 stores on Monday

May 1, 2020 / United States
The American department store chain is re-opening 68 stores on Monday in states that reduced coronavirus lockdown restrictions. Macy's plans to re-open more stores in the upcoming weeks

Yue Yuen expects 70 million US dollars loss for the quarter

Apr 30, 2020 / Hong Kong
The China-based footwear manufacturer and retail corporation is predicting a loss for the quarter that can reach 70 million US dollars as a result of the Covid-19 crisis

Latin America: footwear associations raise their concerns

Apr 30, 2020 / Latin America
Argentina, Brazil, Colombia, Chile, Ecuador, Guatemala, Mexico, Paraguay, Uruguay and Venezuela got together and issued a statement with their concerns arising from the impact of Covid-19 on the footwear industry

Shoe Zone cancels final dividend and expresses concerns with Covid-19

Apr 30, 2020 / United Kingdom
In the General Meeting held yesterday a special resolution to cancel payment of the final dividend from last financial year was approved. First semester results already reflect a drop in turnover

Overcube offers medical gowns

Apr 29, 2020 / Portugal
“Together We Are the Solution” is the name of the initiative that marks the first solidarity project of OvercubeCollectiva, the social responsibility area of digital platform Overcube

Ecco’s 2019 revenue up by 3.9%

Apr 29, 2020 / Denmark
The Denmark-founded brand announced what they have called a successful year with net sales of 1.360 million euros (1.309 million euros last year) and profit before tax of 196 million euros (201 million euros in 2018)

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

Restarting manufacturing and retail should be on the way in South Africa

Apr 28, 2020 / South Africa
Following the announcement that the manufacture and retail of 'winter clothing' will be allowed from the 1st of May onwards, further details of the alleviation of the lockdown measures should be known this week

We have to reconsider the exhibitions system, says Assomac head

Premium Content Apr 28, 2020 / Italy
During the last edition of Simac Tanning Tech in Milan we spoke with Gabriella Marchioni Bocca, President of Assomac. Today we bring you the second part of that conversation

FDRA talks about unprecedented times in the US

Apr 28, 2020 / United States
With the US fast approaching the 1 million people infected with the new coronavirus, the country is facing an unprecedent time. We spoke with the FDRA to learn how this is impacting the footwear industry

Cambodia: hundreds of factories are suspending operations

Apr 28, 2020 / Cambodia
The country’s garment and footwear industries are being severely impacted by the Covid-19 pandemic. Local news website Khmer Times is reporting

Kering announces quarter heavily impacted by Covid-19

Apr 27, 2020 / France
The luxury group has announced consolidated revenue in the first quarter of 2020 of 3 203.2 million euros, down by 15.4%, as reported (-16.4% on a comparable basis)
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