News
Shoe Carnival strengthens returns to shareholders
The US footwear retailer announced a quarterly dividend and a new stock repurchase program, leveraging cash reserves to support stock performance and corporate initiatives
Macy's concludes internal investigation and reports results
The US-based company delayed the announcement of its third quarter results due to deliberate accounting errors. Macy's assured stakeholders of limited financial impact and declared stricter controls
German firms face geopolitical and regulatory risks
A recent survey by German trade associations highlights geopolitical conflicts as the main supply chain threat, while compliance with new regulations adds costs and bureaucratic hurdles
Bottega Veneta appoints Louise Trotter as Creative Director
The British designer will succeed Matthieu Blazy at the creative leadership of the luxury label, parent company Kering and Bottega Veneta announced in a joint release
Shoe Zone issues profit warning
The British footwear retailer has cut its full year adjusted profit forecast due to difficult trading conditions and increased costs resulting from the October government budget
Challenges loom for the Brazilian footwear industry in 2025
With tax reform and trade protection as priorities, Brazil's footwear industry expects pressing challenges in 2025, including payroll tax changes, high interest rates and import competition
Puma launches new creative hub in Germany
The new Studio48 at Puma's headquarters offers designers advanced tools, 3D printing and collaborative spaces to drive innovation in performance and products while enhancing global partnerships
Under Armour unveils four-pillar growth strategy
The Baltimore-based company has outlined a four-pillar growth strategy focused on product, story, service and team to realise its long term potential. The outlook for the current fiscal year remains unchanged
Netherlands Retail: good expectations for the footwear holiday season
After record growth between July and September, footwear sales fell abruptly in October, accompanied by a hiccup in consumer confidence. But that’s no cause for despair: lower footwear inflation has kept footwear prices relatively stable and there has been a recent upturn in retailer confidence. This could bode well for the future of footwear imports, especially with the festive season just around the corner. In this context, the online channel will continue to be favoured by Dutch consumers to shop
Portuguese Shoes launches 2025 campaign
A return to its origins sets the tone for Motherland, the new international campaign launched by APICCAPS to promote Portuguese footwear, starring actor José Condessa
John Galliano leaves Maison Margiela
The renowned British designer will leave the OTB-owned luxury brand, bringing to an end a successful 10-year collaboration. His next move remains unknown
Cirql unveils new biodegradable midsole solution
OrthoLite subsidiary Cirql launched Cirql Zero, a midsole that meets compostability standards, providing an alternative to traditional materials with wide manufacturing adaptability
Leadership changes at Ecco
The Danish footwear group's Chief Commercial Officer, Thomas Gøgsig, steps into the CEO role, bringing over a decade of experience within the company and a strong educational background
Inditex reports solid nine-month results
The Spain-based fashion group reported robust sales growth and healthy margins, driven by strong reception of its Autumn/Winter collections and integration of store and online operations
Footwear imports pressure South African manufacturers
South Africa's footwear imports surged by nearly 35% this year, while local production fell by 15%, prompting SAFLIA and unions to seek solutions to the challenges faced by local manufacturers
JD joins forces with MattB Customs for exclusive designs
The British youth fashion retailer has partnered with MattB Customs to deliver distinct designs, starting with a duffle bag crafted from deconstructed trainers, merging artistry and sustainability
Zalando to acquire fashion rival About You
The German company will make a voluntary public takeover offer to acquire up to 100% of the share capital of About You. The deal will allow it to capture a larger share of the European fashion and lifestyle e-commerce market
Caleres lowers full year outlook
The US-based footwear company has lowered its full year outlook after a weaker-than-expected third quarter, citing weaker seasonal demand for boots, supply chain issues and a specific customer credit problem
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