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Puma stores reopen in Wuhan
The giant sporstwear brand has re-opened its store in Wuhan, China, the city where the coronavirus was first reported. The company plans to re-open its five other stores in the greater Wuhan region by mid-April
Clarks considers permanently closing stores
The UK-based footwear retailer is preparing for the permanent closure of some of its stores and asked bankers to advise on options available for the strategic move
Portuguese Shoes: All Together
Portuguese footwear companies are temporarily replacing the production of footwear with the manufacture of technical equipment. The goal is to donate this technical equipment to healthcare professionals and nursing homes
Brazil: loss of jobs worries footwear industry
With a reduction in consumption as brick and mortar stores close in an attempt to contain the spread of Covid-19, job loss in the sector might be the next problem
Capri implements more measures to deal with Covid-19 impact
As Covid-19 continues to spread in the US and in the world, the luxury group has announced more measures to face the situation. Capri aims to maintain the company’s financial flexibility
Shoe Carnival extends store closures
The US-based footwear retailer has announced it would be extending its store closures until further notice, given the diffusion of the Covid-19 in the country
Copenhagen Fashion Summit reveals new theme for 2020
The organisers of the trade fair believe it is time to reset given the global pandemic impact in all activities around the world and elements of our daily lifes and have announced a new theme
Chile: Covid-19 is aggravating the situation caused by social instability
The country is still feeling the early stages of Covid-19 diffusion with little more than 3 000 confirmed cases. We spoke with FEDECCAL to understand the impact in the footwear industry
Foschini to stop rental payments during South Africa’s lockdown
The South African retailer said it’s stopping rental payments as it takes the hit of the coronavirus outbreak
Columbia Sportswear: CEO cuts own salary and employees get regular pay
Tim Boyle, President and CEO of Columbia Sportswear, will be reducing his annual salary to 10 000 US dollars. The company plans to continue to offer regular pay its employees
Hermès reduces proposed dividend
The French luxury goods group said it has decided to reduce its planned 2020 dividend to shareholders in order to implement some measures to response to the coronavirus outbreak
Yue Yuen expands revenue
The Hong-Kong headquartered group has recorded revenue of 10 105 million US dollars in 2019, of which 6 000 were generated by the company’s manufacturing business and 4 105 from the retailing business
World Footwear Business Conditions Survey: final opportunity to join
The World Footwear Business Conditions Survey is now entering its final stretch. Take this opportunity to share your opinion and join our panel of experts
South Africa-based Edcon struggles amid Covid-19
The clothing, footwear and textiles retailer said it won’t be able to pay suppliers and may not be able to re-open at the end of the 3-week national shutdown to fight the coronavirus spread-
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