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
The New York-based retailer announced it will eliminate approximately 3 900 corporate and management roles. With the actions announced Macy's anticipated to create approximately 630 million US dollars per year in savings
The World Footwear spoke with Camara de la Industria del Calzado, the Footwear Industry Chamber in Argentina to get an update on the COVID-19 impacts in the country
The recovery phase that almost every business is about to face requires a rethinking of their business model, but it also provides an opportunity to make a real change in the way businesses are conducted. Cooperation can be the key in many fields
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
In December 2018, Beatriz won the competition at ModaPortugal, in the footwear category. Névoa is the new brand of this young designer, which made her debut in the last edition of Micam in February
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 2.7 million pairs were shipped in May, generating 23.9 million US dollars of revenue. This resulted in decreases both in volume (-64.7%) and in value (-66%)
While we have been encouraged to stop overconsumption for many years now, this pandemic may have created the perfect opportunity for this shift in consumer behaviour to happen. What business tips arise from here?
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
As the world became global the advantages of access to resources, reducing costs, increasing efficiency and universal reach are undeniable. Nevertheless, in a globalized economy not only gains but also risks spread rapidly
As stores start to re-open and we all get used to a new normality, the retailers' activities concerning promoting safety, protection and health measures for employees, customers and suppliers become key
Fashion retailers are facing new challenges over the shopping experience. After reopening, it is likely that customers will not be as willing to touch the products they are buying as they were before or feel safe trying on clothes and shoes in fitting rooms
Many countries are still under some sort of restrictions that includes the practice of most collective sports and the use of indoor gyms. What is the expected impact in athletic footwear sales?
The first solidarity initiative by the Portuguese-based company raised 2 374 euros, which allowed the purchase of 970 gowns that will help protect health professionals who are on the front line fighting the Coronavirus