News
Cotance and industriAll Europe outline roadmap for the EU leather sector
Cotance and industriAll Europe have adopted a new Social Dialogue Work Programme 2026-2030. This is aimed at strengthening the skills, sustainability and competitiveness of the EU leather industry
LVMH acquires Les Editions Croque Futur
The France-based luxury conglomerate has announced its acquisition of the French publishing house Les Éditions Croque Futur, owner of the publications Challenges, Sciences & Avenir and La Recherche
Kering to acquire Raselli Franco Group in staged deal
The France-based luxury group has announced a staged acquisition of jewellery maker Raselli Franco Group. The deal will begin with the purchase of a 20% stake in the first quarter
European footwear and apparel industries face reindustrialisation challenges
With production still concentrated in Asia, the European footwear and apparel industries are navigating reindustrialisation, with value-added manufacturing, regulation and sustainability emerging as key factors
AI gains ground across the footwear industry
Artificial intelligence is being increasingly adopted across the footwear industry, with applications ranging from optimising design and production to managing the supply chain and creating smart footwear
Footasylum to expand across the Gulf region
The UK-based retailer has partnered with Dubai-based Apparel Group in support of its first major expansion into physical retail outside the UK. This move marks the company’s entry into the Gulf market
Rethinking business models in a changing footwear market
In response to evolving market conditions, footwear companies are reshaping their business models through customisation, digitalisation and the use of artificial intelligence
Arklyz closes deal to acquire Gabor Shoes
The Switzerland-based sports and lifestyle group has announced the completion of its acquisition of Gabor Shoes. No financial details of the transaction have been released
Prada turns Kolhapuri controversy into artisan partnership
The Italy-based luxury group is collaborating with Indian artisans on a limited-edition sandal collection inspired by the country’s traditional footwear, aiming to turn cultural appropriation backlash into a positive partnership
Footwear industry looks to technology and innovation to shape its future
Innovation and technology were at the centre of a discussion on the future of the footwear industry. The speakers of an international conference held under the FAIST Agenda addressed issues such as production shifts, adoption barriers, and workforce transformation
Puma secures 608 million euros in new financing
The Germany-based company has secured additional financing in the form of a 500-million-euro bridge loan and confirmed credit lines totalling 108 million euros. The aim is to increase overall flexibility and headroom
Chinese Group HSG Takes Majority Stake in Golden Goose
Under the new ownership structure, Permira will retain a minority stake, Silvio Campara will remain Chief Executive Officer, and Marco Bizzarri is set to become non-Executive Chairman
Retail Flash: insights from key footwear markets
Explore the main retail dynamics across France, Germany, Japan, the Netherlands, the UK, the US and Spain based on our latest Retail Flash reports, highlighting that e-commerce expansion and import pressures continue to reshape retail across Europe, while stronger sales growth occurs in Japan and in the US
Automation and robotics as a growth engine for the footwear industry
Automation and robotics are shaping the future of footwear manufacturing. Amidst labour shortages and mounting competitive pressures, the sector is transforming the way shoes are produced
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