World Footwear

News

Portuguese women’s footwear brand Helena Mar enters the market

Apr 15, 2025 / Portugal
The new Portuguese footwear brand was born within the PC Footwear factory to create discreet luxury women’s collections that celebrate individuality and style, combining comfort with timeless design

Prada buys Versace from Capri

Apr 14, 2025 / Italy
Prada S.p.A. and Capri Holdings Limited have entered into a definitive agreement regarding the purchase of 100% of Versace by the Milan-based fashion group

China hits back with 125% tariffs on US goods

Apr 14, 2025 / China
China has retaliated against Donald Trump’s latest round on tariffs by raising duties on all US goods to 125% and dismissing the administration’s actions as a “joke”

New fashion chapter in Düsseldorf with TWODAYS

Apr 11, 2025 / Germany
Set to debut alongside Düsseldorf Fashion Days, TWODAYS introduces a compact and refreshed approach centred on concentration, quality and relevance—paired with Neonyt’s sustainable fashion platform

France Retail: watch out for the snowball effect

Premium Content Apr 11, 2025 / France
Both the footwear and the retail sector as a whole have failed to start the year on a strong footing, according to sales data. Consumers, who seemed to start the year in a more positive mood, took a step back in March and remain pessimistic about the French economy. Import data also suggest that retail confidence is in free fall. All in all, the risk of a snowball effect in the French retail sector cannot be dismissed.

Trump suspends tariff hikes for 90 days, but escalates trade war with China

Apr 10, 2025 / United States
On Wednesday, US President Donald Trump announced a 90-day pause on all “reciprocal” tariffs, with the exception of China. Tariffs on Chinese goods will rise to 125%

JD Sports cautious on tariff impact as it announces fourth quarter and full year update

Apr 10, 2025 / United Kingdom
The UK-based sportswear retailer has reported a solid fourth quarter and full year performance in its latest trading update. However, it is cautious about the actual impact of tariffs in the current year

Primark CEO resigns amid allegations of misconduct

Apr 10, 2025 / United Kingdom
Associated British Foods (ABF) has announced that Paul Marchant has resigned as CEO of Primark amid allegations of misconduct. He will be replaced on an interim basis by Eoin Tonge, ABF’s finance director

China retaliates with an additional 50% as the US raises tariffs on Chinese goods to 104%

Apr 9, 2025 / China
The trade war between China and the US has escalated after Donald Trump’s move to impose 104% tariffs on Chinese goods. Beijing has retaliated with an additional 50%, bringing the total tariff to 84%

New CEOs at Fendi, Kenzo and Louis Vuitton China

Apr 9, 2025 / France
The France-based luxury conglomerate LVMH has appointed Ramon Ros as CEO of Fendi, Charlotte Coupé as CEO of Kenzo and Daniel DiCicco as regional president of Louis Vuitton for mainland China

Gerry Weber goes bankrupt again

Apr 9, 2025 / Germany
After its German parent company was declared insolvent, the Dutch branch of women’s fashion chain Gerry Weber has filed for suspension of payments. This is the third bankruptcy in six years

US-China tensions escalate over tariff hikes

Apr 8, 2025 / United States
Donald Trump has threatened China with an additional 50% tariff on goods imported into the US unless the Asian country withdraws its 34% counter-tariff

On moves to single CEO structure

Apr 8, 2025 / Switzerland
Co-CEO and CFO Martin Hoffmann will assume the sole role of CEO. After 12 years of leadership, the current Co-CEO Marc Maurer has decided to leave On to pursue another opportunity

Maria José Ferreira from CTCP : BioShoes4All aims to position Portugal to lead in the development of sustainable solutions

We spoke to Maria José Ferreira, Director of Research at CTCP and Coordinator of the BioShoes4All project. We discussed some of the current environmental issues affecting the footwear industry and how Portugal is positioning itself to address these sustainability challenges

SECOND CALL: Join the 12th edition of the World Footwear Business Conditions Survey

The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Former adidas executive Arthur Hoeld named new CEO of Puma

Apr 7, 2025 / Germany
Arne Freundt, Puma’s current CEO, will leave the company due to differing views on strategy execution. Arthur Hoeld, former head of adidas Global Sales, will succeed Freundt at the helm of the company

Retail and business organisations express concern over Trump’s new tariffs

Apr 7, 2025 / United States
Retail and business organisations from the US and around the world have voiced their concerns over President Donald Trump’s announcement of new tariffs. Read some of these reactions

New US tariffs disrupt global markets

Apr 4, 2025 / United States
The US administration has imposed a baseline tariff of 10% on all imports into the US, as well as higher targeted tariffs on some of the country’s largest trading partners

Innovation, sustainability and young talent shine at Futurmoda’s latest edition

Apr 4, 2025 / Spain
The latest edition of Futurmoda gathered footwear professionals worldwide to promote discussions on key industry topics. The next edition will occur on the 15th and 16th of October 2025

H&M posts weaker-than-expected first quarter

Apr 3, 2025 / Sweden
The Sweden-based fashion group has posted weaker-than-expected first quarter results, but remains optimistic about the future as it continues to focus on long-term profitable growth