Coronavirus Ticker

  • News briefs

    ​Italy to reopen trade shows as soon as June 15


    On April 21, the Italian cabinet approved to reopen trade shows from June 15 and conventions and congresses from July 1, after having been suspended due to the Covid-19 pandemic. The reopening of trade fairs could occur sooner than previously announced. Initially, the Industry Minister Giancarlo Giorgetti had ...

  • News briefs

    Russia appeals less to foreign brands


    A research by CBRE indicated that international brands have partly lost interest in the Russian market due to the Covid-19 pandemic. In the first quarter of 2021, only three fashion brands entered the country: Ecco Kids , Shikkosa and Accessorize . This is estimated to be the ...

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    Expo Riva Schuh rescheduled to July 18-20


    The 95th edition of Expo Riva Schuh and the 6th edition of Gardabags have been pushed back to July 18-20 “to enable the workers in this sector to get back together in person and in total safety.” The summer editions of the joint footwear and handbag trade shows, ...

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    The post-Covid world will pose new challenges


    The pandemic has acted as a strongly disruptive force in the global economy, triggering significant shifts in production processes, supply chain management, shopping habits and customer relations across many sectors, including the footwear and leather goods sector. These topics and the broader post-Covid globalisation process were discussed in the ...

  • News briefs

    Sabu postpones its general assembly to October


    The German retail cooperative Sabu has postponed its 69th ordinary general meeting from June 18-20 to October 22-24 because of the Covid-19 pandemic. The event is scheduled to be held in Berlin. Joachim Seibel , the chairman of Sabu’s supervisory board, said that there was no alternative, because ...

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    Europe’s patchwork of Covid-19 regulations for retailers


    Ongoing changes to local Covid-19 safety regulations for retail stores make it difficult to stay on top of things as the pandemic situation heats up again in most European countries. Here is an overview (as of March 25, subject to change and with regional variations) of the status of so-called ...

  • News briefs

    Delay in Covid vaccinations may cost EU €123bn


    The delay that the European Union is experiencing in its Covid-19 vaccination campaign may cost the bloc €123 billion in lost economic activity in 2021, according to credit insurance company Euler Hermes . The EU is currently seven weeks behind its vaccination program, compared with a five-week delay in ...

  • News briefs

    EU plans to introduce a cross-border Covid pass by the summer


    On March 17, the European Commission unveiled plans to create the so-called “Digital Green Certificate” to facilitate free movement inside the European Union during the Covid-19 pandemic. The certificate will be a proof that a person has been vaccinated against the virus, received a negative test result or recovered ...

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    Rizzo suspends purchases due to business slowdown


    Rizzo Group , the Swedish retailer which offers suitcases, bags, shoes and accessories, is suspending purchases “to get through the spring” because of a sharp slowdown in activity stemming from the restrictions imposed to combat the Covid-19 pandemic. In a statement, the company, which is present in Sweden and ...

  • News briefs

    Cologne orthopedic shoes fair postponed to 2022


    The latest footwear trade fair to be postponed due to the coronavirus is Germany’s Orthopädie Schuh Technik , which - along with the congress of the International Association of Orthopedic Shoe Technicians (IVO) - will be held in Cologne on Oct. 14 and 15, 2022, one year after the ...

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    ​ANWR and Sabu offer liquidity support to retailers


    The German retail cooperatives ANWR and Sabu are continuing to support their members by engaging in initiatives to underpin their liquidity as the coronavirus crisis drags on. ANWR Group is offering its affiliated national and international footwear, sporting goods and leathergoods retailers a €150 million financing ...

  • Confindustria

    Italian fashion industry still expects sharp declines in H1


    The Italian fashion industry still expects sharp declines in sales during the first two quarters of 2021, after falling by 26 percent in 2020 due to the Covid-19 pandemic, according to a survey released by Confindustria Moda , the umbrella association which comprises Sistema Moda Italia (SMI), which groups ...

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    England plans to reopen non-essential stores April 12


    The British Prime Minister Boris Johnson announced that non-essential retailing may reopen in England on April 12 after having been closed to prevent the spread of the Covid-19 pandemic. England introduced a third national lockdown on Jan. 4. Johnson said that the vaccination campaign underway in the U.K. ...

  • News briefs

    Germans’ willingness to buy is in “freefall”


    The propensity to buy of German consumers is “in freefall,” according to the think tank GfK . Hit by strict Covid-19 related lockdowns, consumer confidence in Germany is seen falling to -15.6 in February from -7.5 in January, which was revised from an original reading of -7.3. “The ...

  • Article

    EU Commission calls to ‘strongly discourage’ intra-EU travel


    The European Commission has proposed the European Council to discourage non-essential travel between European Union member states amid high Covid-19 infection rates and concerns about new virus variants, while avoiding border closures or blanket prohibitions that would impede the functioning of the internal market and supply chains. ...

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    ​Brazilian footwear output forecast to rise by 14.1% this year


    Brazilian footwear production is expected to rise by 14.1 percent this year after having fallen by an estimated 21.8 percent in 2020 due to the impact of the Covid-19 pandemic and reaching a 16-year low, according to Abicalçados , which represents the local footwear industry. It estimates 2020 production ...

  • Article

    Unichel restructures its retail network


    Russia’s biggest shoe manufacturer, Unichel , is restructuring its retail network to mitigate the impact of the Covid-19 pandemic. At the beginning of 2020, Unichel ran 600 stores in 250 cities in Russia and Kazakhstan, but last year it shut down 40 stores and opened 30 new ones, in ...

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    Primark loses £540m in sales in 4 months due to Covid


    The Irish clothing retailer Primark suffered a loss of sales of £540 million (€608m-$739m) in the 16 weeks to Jan. 2 due to store closures deriving from lockdowns in various European countries to combat the spread of the Covid-19 pandemic. Primark posted sales of £2,031 million (€2,288m-$2,778m) in ...

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    Copenhagen International Fashion Fair cancels February edition


    Copenhagen International Fashion Fair ( CIFF) will not hold its regular February edition after the Danish government prolonged restrictions to combat the propagation of the Covid-19 pandemic. It noted that following the government’s decision, no trade show activity is possible until Feb. 28. But, CIFF plans to return ...

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    How Covid-19 has impacted companies’ trade show budgets


    It has become commonplace to say that the Covid-19 pandemic has dramatically accelerated trends that were already underway with the digitalization of the economy and society in general. Trade shows have been one the sectors most affected by the phenomenon as restrictions on travel and mass events worldwide prompted ...