Companies
Designer Brands announces CFO transition
Mark Haley, the company’s Senior Vice President, Controller and Principal Accounting Officer, has been named Interim Principal Financial Officer following the resignation of CFO Jared Poff
Los Angeles project turns old shoes into new opportunities for sustainability
The Footwear Collective has partnered with Goodwill SoCal to collect and recycle used shoes. Consumers are invited to donate shoes of any brand or condition as part of this major initiative
Fashion falters as LVMH returns to growth in the third quarter
The France-based luxury group reported 1% year-on-year growth in the third quarter, with improvements across all business segments. However, the fashion & leather goods segment continues to falter
Vapesol to invest 1.5 million euros in a production facility for SBR rubber soles
An investment of 1.5 million euros in the creation of a production facility will enable the Portuguese manufacturer of footwear soles to produce 5,000 pairs of SBR rubber soles per day
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Uniqlo parent company posts robust full year 2025
The Japan-based fashion retailer Fast Retailing ended the 2025 financial year in a strong position, reporting a 9.6% year-on-year increase in revenue and a 13.6% year-on-year increase in business profit
Genesco establishes global retail organisation to strengthen consumer focus
The Nashville-based footwear group has brought together Journeys, Schuh and Little Burgundy in order to strengthen its market positioning and maximise opportunities, with a focus on consumers
Puma appoints new VP of People and Organization
The Germany-based sportswear company has appointed Thomas John as its new Vice President of People and Organisation, with effect from the 16th of October
Shein to open first store in France amid public backlash
The online fast-fashion retailer is set to open its first physical store at the BHV Marais department store in Paris in November, with further openings planned in other cities. However, this decision has prompted a public backlash
Asos reports profitability gains in full year 2025 amid strategic turnaround
In its latest trading update, the UK-based online fashion retailer announced lower than expected revenue against a soft consumer backdrop, but said it had improved profitability
DSW unveils new look to strengthen market position
To refresh its image and re-engage customers, the footwear retailer owned by Designer Brands has launched a new brand platform called ‘Let Us Surprise You’ and is refining its product mix
Kerry Jackson appointed Chief Financial Officer of Shoe Carnival
Shoe Carnival has announced that Kerry Jackson will resume the position of CFO, a role he has held for almost 30 years. This comes at a time when the company is looking to expand its Shoe Station banner
Nike sees modest revenue growth but profits drop
The sportswear company has reported a modest year-on-year revenue growth of 1% in the first quarter, but a 31% year-on-year drop in profits, as it navigates lower margins and ongoing challenges in key markets
Armani’s will instructs heirs to sell or take brand public
In his will, the late designer Giorgio Armani instructed his heirs to gradually sell the fashion house he founded 50 years ago or seek a market listing. Priority is to be given to LVMH, EssilorLuxottica or L’Oréal
Terry Boyle from Trove: resale as an integrated revenue channel for footwear
As the resale economy continues to gain momentum, brands are increasingly exploring in-house recommerce channels. In this first part of his interview, Terry Boyle, CEO at Trove, shared his view on how footwear businesses can integrate and benefit from resale channels-
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