All Coronavirus articles
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News briefs
Wock contributes to Covid-19 fight
Wock , the professional footwear brand owned by the Procalçado group along with the label Lemon Jelly , is donating 3,000 pairs of shoes to healthcare professionals in its home country of Portugal at the forefront of the fight against Covid-19. Under the motto “Somos por ti,” (We ...
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Article
Visa witnesses “massive” surge in e-commerce use
Confirming other studies showing that the Covid-19 pandemic and subsequent lockdowns have spurred online sales, the financial services company Visa said that it is seeing a “massive acceleration toward e-commerce adoption.”
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News briefs
Deichmann donates over a million face masks to Caritas
Deichmann , Europe’s largest shoe retailer, has donated over 1 million face masks to the charity Caritas in Berlin. The masks will be donated to people in need of care, socially disadvantaged or homeless in the German regions of Berlin, Brandenburg and Western Pomerania.
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News briefs
Two Ten faces a huge increase in demand for aid
The American footwear sector’s charity Two Ten Foundation is receiving applications for financial assistance at a rate that is 10 times greater than at any other point in its history as people find themselves out of work due to the coronavirus, Footwearbiz reported. The foundation was ...
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News briefs
UNIC webinar on May 5 to discuss tannery reopening guidelines
UNIC-Lineapelle will be holding a webinar on May 5, from 16:00 to 17:00, to present the ”Protocol on the Reopening of Tanneries in Italy.” The Italian tanners’ association reached an agreement on the guidelines with the trade unions on April 21, in view of the resumption of manufacturing at ...
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News briefs
India extends lockdown for 2 weeks from May 4
The Indian government is extending a nationwide lockown for two weeks from May 4. The lockdown was scheduled to end on May 3 and will now run until May 17. The Ministry of Home Affairs however indicated that there would be significant relaxations in low risk parts of the country, ...
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Article
Prada resumes production in Italy
Prada has launched a gradual reopening in Italy of its prototyping and sample-making departments, which are essential for developing its forthcoming footwear, leathergoods and apparel collections. It is also introducing serological testing of all employees.
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Article
Geox expects significant cash absorption in Q1
Geox anticipates posting a significant cash burn in the first quarter of the year due to seasonal effects and the impact of the Covid-19 pandemic. But, the situation is continuing in the second quarter and the company is negotiating the extension of credit lines.
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ArticleCovid-19 takes a heavy toll on the luxury sector
The personal luxury goods sector is set to pay a heavy price in 2020 because of the coronavirus pandemic. According to the findings of a survey by Boston Consulting Group (BCG) and Bernstein , Covid-19 could wipe out almost a third of the sector’s market value, estimated to have ...
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ArticleThe Italian footwear industry prepares to restart
On April 20, Gucci reopened ArtLab , a facility producing prototypes and samples for the brand’s leathergoods and footwear lines in Scandicci, near Florence. The announcement was a milestone in Italy’s attempt to gradually return to normality after the government imposed a nationwide lockdown on March 10 to combat ...
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News briefs
Belgium postpones its summer sales
Belgium is postponing the start of its summer sales by one month, to August 1, to cushion the blow of the Covid-19 pandemic. About 90 percent of the country’s fashion retailers signed an open letter to the government requesting postponement to generate full-price revenues from their unsold stock. Shoe and ...
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News briefs
Keen to donate shoes for Covid-19 relief
Keen Footwear has pledged to donate up to 100,000 pairs of shoes, worth about $10 million, to the workers on the front lines and the families at home fighting through the coronavirus crisis. The program is called “ Together We Can Help .” As reported on snewsnet.com , within ...
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Article
Stuart Weitzman parent cuts North America retail staff
Tapestry is laying off 2,100 retail workers and threatening to axe more jobs from June 1 as it seeks to weather the Covid-19 pandemic. The company is also focusing its resources in the digital field.
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ArticleSome stores are re-opening in Germany
After consultations with the state governors, German Chancellor Angela Merkel announced on April 15 that certain types of stores could open again from Monday April 20, after being shut down for five weeks. The retail lockdown for non-essential items was relaxed only for stores that have a maximum surface ...
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News briefs
Lloyd presents new store concept
Lloyd Shoes presented a new store concept at an 80-square meter location in Ludwigsburg on March 12. The format aims to represent the international image of the German footwear brand, making a clear differentiation between product segments, including men’s and women’s shoes, bags and other leathergoods and accessories. ...
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Article
Vivarte turns to courts to save La Halle
To avoid a total collapse of La Halle , hit by the closure of all of its stores due to Covid-19, the Vivarte retail group has opened a ”safeguard procedure” with the Paris Commercial Court. The aim is to restructure the debt of the big French chain of low-priced ...
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Article
CCC’s online sales mitigate coronavirus impact
CCC , the international Polish-based shoe manufacturer and retailer, saw revenues for the first quarter of 2020 decline by 9 percent from the year-ago quarter to PLN 944 million (€207.9m-$226.5m).
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Article
Ferragamo’s Q1 sales drop by 30.6%
Salvatore Ferragamo said that its sales fell by 30.6 percent to €220 million in the first quarter due to the impact of the novel coronavirus, Covid-19. At constant currency rates, the top line was down by 31.4 percent.
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Article
Non-athletic footwear helped Shoe Carnival to a good year-end
After a sluggish first half of its last financial year, the low-priced American shoe retailer saw revenues accelerate in the second half. Sales for its fourth fiscal quarter, ended on Feb.1, increased by 2.2 percent from the year-ago quarter to $239.8 million. Comparable store sales jumped by 3.2 percent.
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ArticleEurope has become the “epicenter” of the coronavirus pandemic
The World Health Organization (WHO) has warned that Europe has now become the “epicenter” of the novel coronavirus pandemic as the virus spreads dramatically, prompting nations to totally or partially shut down their economies. On March 22, the Italian government issued a decree imposing the closure of all manufacturing ...
