News
Lavoro aims to take a one-third share of the security and defence market by 2030
The Portuguese company that specialises in the production of professional footwear, has set itself the target of producing and marketing a third of the Portuguese security and defence needs by 2030
Allbirds lowers full year outlook
The US-based company has lowered its full year outlook after posting another decline in third quarter revenue. Structural changes and ongoing turnaround efforts are continuing to impact sales
Consumer-to-Consumer and a big shift in work culture: how Nicoline Van Enter (Footwearology) sees AI
During the 22nd UITIC Congress in Shanghai in September, we had the opportunity to speak with Nicoline Van Enter, CEO and founder of Footwearology, who shared some valuable insights about AI with us. Watch the video with the converstation now
Shoe Carnival changes name to Shoe Station Group
The footwear retailer said that its board of directors unanimously voted in favour of changing its name to Shoe Station Group. This reflects the “winning” performance of the banner acquired in 2021
Hermès takes a minority stake in the Italian cashmere maker Lanificio Colombo
As part of its strategy to strengthen vertical integration, the French luxury group has acquired a 15% stake in the Italian manufacturer of cashmere and other noble fibres Lanificio Colombo
Under Armour posts weak second quarter
Despite modest international growth and early “signs of brand momentum in North America”, the US-based sportswear group posted a weak second quarter, marked by reduced profitability
AB Foods weighs split between Primark and food divisions
After reporting a 13% full year adjusted operating profit decline, driven by the weak performance of its sugar unit, Associated British Foods has announced that it is considering splitting its Primark and food divisions
Coach fuels Tapestry’s growth
The US-based accessible luxury group has got off to a strong start in the 2026 financial year, reporting higher-than-expected revenue and earnings. This was primarily driven by significant growth at Coach
Zalando reports strong third quarter boosted by About You acquisition
The online fashion retailer has reported another strong quarterly performance, boosted by the acquisition of About You. Zalando also announced a strategic partnership with the German Football Federation
Former Jordan Executive Daniel Schachne appointed SVP of Reebok
Authentic Brands Group (ABG) has announced the appointment of Daniel Schachne, a former Nike and Jordan executive, as Senior Vice President (SVP) of Reebok
Capri Holdings refocuses on Michael Kors and Jimmy Choo
Following an encouraging set of second quarter results, which saw improvements in revenue, gross margin and operating income, the US-based luxury group is preparing for life after Versace
Wolverine Worldwide on upward trajectory, named Company of the Year
Fresh from being named Company of the Year by Footwear News, the US-based outdoor company announced a solid third quarter, with revenue growing by 6.8% year-on-year
Conference on the future of footwear in Europe to be held at Porto
A two-day international conference focusing on the challenges and opportunities facing the footwear industry will be held in Porto from the 18th to the 19th of November. The event is organised by APICCAPS and CTCP
Leather organisations call for reassessment of leather at COP30
Several organisations in the leather industry are challenging environmental misconceptions and urging COP30 to recognise leather as a sustainable, bio-based material that supports the circular economy
Christian Decker (DESMA): New technologies require a mindset shift
During the 22nd UITIC Congress in Shanghai back in September, we had the opportunity to talk with Christian Decker, CEO of DESMA, who shared with us some great insights about technology and innovation. Watch it now
Puma’s third quarter results show impact of reset strategy
The German sportswear brand saw a decline in quarterly revenue and margins as it continued its strategic shift, prioritising cleaner distribution and cost control for long-term recovery
Steve Madden projects fourth quarter rebound
The US-based designer and marketer of footwear reported modest revenue growth in the third quarter as new import tariffs and higher costs weighed on margins, though demand for its core collections remained strong
Amazon reports strong third quarter and separately confirms 14,000 job cuts
In two separate announcements, Amazon revealed strong third quarter results and confirmed its intention to cut 14,000 jobs worldwide. The company did not link the layoffs to its financial performance
New CFO at Zalando
The Germany-based online fashion retailer has appointed Anna Dimitrova as Chief Financial Officer. She will succeed David Schröder, who has served as interim CFO since March
Spain Retail: all hopes are pinned on the final quarter
The Spanish fashion retail sector is experiencing contradictory cycles. Sales for physical textile and footwear retailers plummeted by 1.8% in the first eight months of 2025, exacerbated by an unusual deflationary environment. E-commerce retail, however, seems to be in a league of its own. Despite negative trends, retailers appear to be betting on a recovery, as evidenced by a 5.4% surge in fashion imports up to August, as well as an unusual peak in shoe imports in July. This suggests that retailers are now focusing on the final quarter of the year, hoping for a return of consumer spending at key events such as Black Friday and Christmas
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