News Briefs – Page 2
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News briefsRalf Ringer suffers staff shortage due to pandemic
The Russian footwear group Ralf Ringer is seeking 200 employees to replace labor migrants, who had to leave Russia because jobless during the Covid-19-related lockdown. The company manufactures 2 million pairs per year at four factories in Vladimir, Zarajsk, Moscow, and Taldom. Ralf Ringer also runs a retail ...
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News briefs
ILM canceled due to Covid-19 situation in Offenbach
ILM , the German international leather goods fair, was canceled in Offenbach, where the event was to be held from Sept. 5 to 7. The city of Offenbach withdrew the authorization to hold the show and the evolution of the Covid-19 pandemic in the town “was decisive” in ...
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News briefs
Global bankruptcies may rise by 35% over 2 yrs
Global corporate bankruptcies are expected to rise by 35 percent in 2021 compared with 2019 because of the Covid-19 pandemic, representing an average annual compound growth of 16 percent in 2020 and 2021, an annual average similar to the one seen during the 2007-2009 crisis, according to a study from ...
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News briefsCrocs opens new headquarters in Colorado
On June 24, Crocs , opened its new corporate headquarters in Broomfield, Colorado, less than 20 miles from downtown Denver. In addition to the nearly 375 current positions, the some 90,000 square foot facility located in the Atria campus will allow the company to “significantly” expand to hire more full-time ...
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News briefs
Marypaz to lay off staff, close stores in Spain
Marypaz , the Spanish maker and retailer of women’s shoes and accessories, is planning to lay off 170 employees, out of a total workforce of 600 as of Dec. 31, 2019, in an effort to limit the damages of the coronavirus crisis. According to reports in modaes.es , the company ...
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News briefs
LVMH saw ‘rather vigorous’ signs of recovery in June
The French luxury goods group LVMH says that it does not have a timeframe for when its business will return to normal but it noted “rather vigorous” signs of recovery in June. Speaking at the group’s annual general meeting, its chairman and chief executive Bernard Arnault warns ...
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News briefs
Obuv Rossii starts selling bicycles
As in many other countries, bicycles have become a hot commodity in Russia as an ecological alternative to public transport, in order to avoid contamination from the novel coronavirus, while keeping fit. Even a leading Russian footwear retailer, Obuv Rossii , has begun selling bicycles, handling after-sale servicing in its ...
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News briefs
Kari inks partnership with AliExpress
Russia’s biggest footwear retailer, Kari , has begun selling shoes and accessories through AliExpress . Kari placed nearly 1,000 different items on the AliExpress website – nearly half of its product range - offering a 40 percent discount on everything. Kari decided to conclude the agreement with AliExpress when it ...
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News briefs
Grendene suspends production in Sobral again due to Covid-19 lockdown
The Brazilian footwear manufacturer Grendene has suspend production in Sobral, where it has its largest manufacturing base, following a municipal decree. The company already had to close its sites in the town and other parts of the country due to restriction orders to combat the propagation of the Covid-19 ...
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News briefs
Phillip Lim partners with The RealReal to sell unsold stock
The American fashion brand designer Phillip Lim has struck an agreement with the online luxury consignment marketplace The RealReal to sell unsold items from previous collections of the 3.1 Phillip Lim brand at discounted prices, reported WWD . Brand products are placed in a dedicated online shop ...
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News briefs
GMS offers to renegotiate rents for its members
Introducing a new service, GMS , the German voluntary group of shoe retailers, is offering to renegotiate rents with landlords on its members’ behalf. GMS would coordinate each single procedure beforehand with its members and would then take over the negotiations, if so desired. Many independent retailers have managed ...
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News briefs
Indonesia footwear industry loses 400,000 jobs due to Covid-19
Nearly 400,000 workers in Indonesia’s footwear and leather industry have been forced to stop working so far due to the Covid-19 pandemic, according to preliminary data from Indonesia footwear producers’ association, Aprisindo. Many factories have temporarily closed, while capacity at others has been reduced to about 40 percent to complete ...
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News briefs
German retailers ask for help after a drop of 71% in April
The Federal Statistics Office of Germany has reported a year-on-year decline of 70.7 percent for April in total sales of apparel, shoes and leathergoods, due to the retail lockdowns demanded by the government help stem the Covid-19 pandemic. Overall retail sales in Germany declined by 6.5 percent for the month, ...
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News briefs
Deichmann to support families in India during the current crisis
Deichmann , Europe’s largest shoe retailer, will support about 15,000 families in India who are affected by the lockdown of schools due to the current coronavirus epidemic. The Deichmann Foundation and a local partner, AMG , will donate rice, vegetables, sugar, salt, tea, detergent and soap to supplement the ...
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News briefs
Superga reopens its stores in Spain
Superga , which is owned by the Italian group BasicNet along with brands such as Kappa , K-Way , Sabelt and Sebago , about a week ago reopened its three Spanish mono-brand stores that had been shuttered during the nationwide lockdown caused by the Covid-19 pandemic. The ...
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News briefs
Vida Shoes laying off staff, cutting wages
U.S. footwear group Vida Shoes International is laying off staff and temporarily cutting salaries of employees as the Covid-19 crisis makes cost-cutting measures necessary. Vida did not reveal how many workers would be affected by the measures. The company said its restructuring would also involve an intensified focus on ...
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News briefs
Johnsons Shoe Company files for creditor protection, seeks buyer
The British family-run retailer Johnsons Shoe Company has fallen victim to the Covid-19 pandemic and was placed into administration, a procedure which gives it protection from creditors. On April 23, Ian Defty and Richard Toone of the accounting and law firm CVR Global were appointed ...
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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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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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