News
Asics to spin off the Onitsuka Tiger brand
The Japan-based company has announced that it will spin off Onitsuka Tiger brand to accelerate decision-making. This follows strong growth driven by tourism and the rising global demand for retro sneakers
Saks Global secures court approval for bankruptcy restructuring
The US multi-brand luxury retailer has secured court approval for its restructuring plan. This positions Saks Global to emerge from Chapter 11 with almost 75% less debt and broad creditor support
Designer Brands reiterates full-year outlook
The parent company of the DSW retail chain has reported a solid start to the year, with signs of stabilisation in the retail segment and increased profitability. Consequently, it has reaffirmed its full-year outlook
Caleres delivers solid first quarter
The US-based footwear retailer has reported strong first-quarter results, driven by growth across its brand portfolio, including the recently acquired Stuart Weitzman
Expo Riva Schuh and Gardabags: opening borders remains the ultimate business strategy
Ahead of the 105th edition of Expo Riva Schuh and Gardabags, taking place from the 13th to the 16th of June, discover how its organisation is reflecting on the impact of geopolitical tensions, tariffs, and supply-chain shifts on international commerce
USA-Iran Conflict: Footwear Industry Prepares Strategic Shifts in Suppliers and Logistics Routes
According to the latest World Footwear Business Conditions Survey conducted in April 2026, the ongoing instability arising from the geopolitical tension between Iran and USA is forcing a significant majority of the industry to re-evaluate its operational strategies
Portuguese Shoes campaign receives award
The Portuguese footwear industry’s international campaign, “Time to Rewrite History”, which was developed as part of the BioShoes4All project, has won an award at The One Club for Creativity
Kering appoints Gianfranco D’Attis as CEO of Alexander McQueen
The France-based luxury group has appointed Gianfranco D’Attis as Chief Executive Officer of Alexander McQueen. He was most recently CEO at Prada
Inditex reports strong start to fiscal 2026
The Spain-based fashion group, which owns labels such as Zara and Massimo Dutti, has reported a strong start to fiscal year 2026, with growth in sales and profitability
US proposes 25% tariff on Brazilian goods, raising concerns in footwear sector
A preliminary US proposal to impose a 25% tariff on Brazilian exports has sparked concern throughout the footwear industry, although this could still be revised before a final decision is made
TWODAYS returns to Rheinterrasse for Düsseldorf editions
Igedo Exhibitions is repositioning its Düsseldorf offer around flexibility and relevance, returning to the Rheinterrasse for TWODAYS, with summer editions aligned to key city fashion moments
Genesco raises full-year outlook after better-than-expected first quarter
The US-based footwear retailer has raised its earnings outlook for the 2027 fiscal year following a stronger-than-expected first quarter and the seventh consecutive quarter of positive comparable sales
FAIST Voices: meet MIND
Under the FAIST project, the Portuguese company MIND is leveraging its industrial CAD/CAM expertise to create product development, smart technologies and organisational and management tools focused on the footwear and related sectors
Dick’s Sporting Goods posts strong first quarter
The US-based sporting goods retailer has reported strong first-quarter results, driven by growth in its core business and an improvement in Foot Locker’s performance
Riva del Garda Fierecongressi reshapes structure for growth
The organiser is restructuring operations alongside venue expansion plans, appointing new leaders and making internationalisation a permanent function to compete more effectively for events and buyers
Authentic Brands Group Agrees to acquire Lee from Kontoor Brands
The New York-based management group has entered into a definitive agreement to acquire the Lee denim and workwear business from Kontoor Brands in a deal worth 1 billion US dollars
APICCAPS welcomes talents from leading international universities
The Portuguese Footwear Association is set to welcome students from the London College of Fashion and the Fashion Institute of Technology in June as part of an initiative to strengthen ties between the industry and the academia
EU fines Temu for breaching EU rules on sale of illegal products
The European Commission has fined the Chinese online retailer Temu 200 million euros under the Digital Services Act (DSA) for not doing enough to stop the sale of illegal products
Capri Holdings returns to profitability despite annual revenue decline
Despite lower revenue, the US-based luxury group behind Michael Kors and Jimmy Choo has reported a return to profitability in fiscal 2026, reflecting gains from its strategic turnaround initiatives
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