World Footwear

Shoes

Ambitious launches clothing collection

Apr 27, 2020 / Portugal
Irreverent design, versatile pieces. These are some of the adjectives characterizing Ambitious products. And if before we only talked about footwear, now clothing joins the family

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)

Footwear: several challenges arising from the Covid-19 crisis

Apr 24, 2020 / Coronavirus - Covid19
As they are non-essential goods, clothing, footwear and other fashion items are being particularly hit with the impact of the spread of Covid-19. Retailers and manufacturers are facing several challenges, and will continue to do so

LVMH says its first quarter showed good resilience

Apr 24, 2020 / France
The French-based luxury group recorded revenue of 10.6 billion euros for the first quarter of 2020, down by 15% compared to the same period in 2019 and down by 17% on an organic basis

Under Armour: Lisa Collier named Chief Product Officer

Apr 23, 2020 / United States
The Baltimore-based brand has announced Lisa Collier as Chief Product Officer. Lisa has more than 30 years across global brand leadership, product development, supply chain and merchandising

adidas gets approval for syndicated loan involving state-owned bank

Apr 22, 2020 / Germany
The sportswear giant received the approval of the German government for the participation of KfW, Germany’s state-owned development bank, in a syndicated revolving loan facility amounting to 3.0 billion euros

Nike names Ann Hebert GM for North America

Apr 22, 2020 / United States
Effective from the 1st of June Nike veteran Ann Hebert, Vice President of global sales, will become Vice President, General Manager of North America Geography, succeeding long-time executive Tom Peddie who is retiring

COVID-19 will impact the way the footwear supply chain is organised

Premium ContentApr 21, 2020 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, believes that the Covid-19 crisis will result in a re-thinking of the supply chain and the way it is organized

Trump administration announces 90-day duty payment delay

Apr 21, 2020 / United States
The announcement was well received but the footwear industry associations claim an extension to all goods, as any products facing punitive tariffs imposed by the administration in its trade war with China are excluded

Belgium: start of the summer sales put back to 1st of August

Apr 17, 2020 / Belgium
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

Andrew Tam appointed as CFO of Stella International

Apr 17, 2020 / Hong Kong
Don Lee is retiring as CFO and will become a consultant to the Group. Andrew Tam will take on the position from April 2020 onwards

Brazil: 86% of the Brazilian footwear factories are paralyzed

Premium ContentApr 16, 2020 / Brazil
The South American country has almost 29 thousand reported cases of Covid-19 and more than 1 700 deaths. Most of the footwear factories have stopped operations

The North Face commits 1 million US dollars to Covid-19 efforts

Apr 16, 2020 / United States
The company is joining the fight against Covid-19 pandemic with the donation of 1 million US dollars through its social advocacy platform. North Face is also donating 60 000 gloves

Nike turns Nike Air into PPE

Apr 16, 2020 / United States
The sportswear giant has teamed up with the Oregon Health & Science University (OHSU) to come up with Personal Protective Equipment in the form of full-face shields and powered air-purifying respirator (PAPR) lenses

Italy: entire footwear supply chain in lockdown

Premium ContentApr 15, 2020 / Italy
The spread of Covid-19 has been particularly severe in Italy, where the sanitary crisis is now paired with a lockdown of most productive activities. The footwear industry is no exception
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