Retail
How Covid-19 is impacting the Asian countries
Over the last few days, we have all received reports of retail closures and limitations on the manufacturing activity from all over the world. Today we bring you updates from the situation in the Asian countries
Shoe Zone announces deferral of dividend payment
The company is planning to cancel its final dividend payment after witnessing a drop in footfall as a result of the Covid-19 pandemic
Nike closes several stores temporarily
The giant sportswear brand decided to close stores in several countries, including in the United States, Canada, Western Europe, Australia and New Zealand to limit the spread of the coronavirus
Under Armour is temporarily closing North American stores
The Baltimore-based company has announced they will close all stores in North America from the 16th of March through the 28th of March 2020
Dick's Sporting Goods with increasing sales
The US-based retail chain has announced an increase in sales in the last fiscal year (+3.7%). Dick's remains enthusiastic about the business in 2019 balancing it with a degree of caution over the coronavirus
FDRA asks for a freeze on shoe duties
Footwear Distributors and Retailers of America (FDRA), the footwear industry’s business and trade association, sent a letter to the White House applauding the proposed payroll tax cut but also encouraging a freeze on footwear duties
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
Sustainability: consumers care but aren't prepared to pay more
Sustainability is one of the most discussed topics of the moment, so in the first edition of the World Footwear Business Conditions Survey we have asked our experts about sustainability and consumers
World Footwear Business Conditions Survey reveals signs of optimism
According to an online survey conducted by the World Footwear in the end of December the industry is optimistic about the footwear business and expect quantities and prices to increase in the next six months
Forever 21 with new deal to sell assets
The US-based fast fashion retailer Forever 21, which filed for bankruptcy in September last year, reached an agreement with a consortium of companies to sell its assets for 81 million US dollars
Tapestry with key executive appointments
The luxury house has appointed Liz Fraser as CEO & Brand President for Kate Spade; Giorgio Sarné as CEO & Brand President for Stuart Weitzman and Yann Bozec as President of Tapestry Asia Pacific
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
JCPenney expands leadership team
The Texas-based company announced the appointment of six Vice Presidents, each bringing years of leadership, innovation, and expertise to JCPenney
-
-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
-
-
Media Partners
Media Partners
-
SERMA
Schuhkurier
Shoes Report
Revista del Calzado