Following the elimination of the Chief Technology Officer role, Chief Supply Chain Officer Venky Alagirisamy has been appointed Chief Operating Officer and will now oversee the technology department
The US-based footwear has posted sequential improvements across key financial metrics in the third quarter, with stronger sales, higher gross profit and increased operating income
Clothing and footwear sales have improved since January, with the latter already exceeding last year’s figures, but overall retail remains slightly below 2024’s levels. Although holiday forecasts point to moderate growth, rising inflation, falling consumer confidence and shifting interest rates suggest an economically fragile backdrop. Trade pressures are also having an impact on the sector: the value of footwear imports increased, but their volume fell, suggesting that retailers are absorbing higher costs through surgical price increases. A one-year suspension of additional tariffs on Chinese footwear provides temporary relief, but economic uncertainty persists
The Sweden-based fashion retailer has announced a new collaboration with designer Stella McCartney, nearly 20 years after their debut partnership, with sustainability at its core
The US-based company reported better-than-expected third-quarter sales. However, margin pressures and dilution from Stuart Weitzman have led Caleres to forecast a fourth-quarter loss
Despite reporting a solid third quarter, the US-based footwear company has lowered its full-year guidance, having witnessed lower sales trends during regular shopping periods
The FAIST project aims to transform the Portuguese footwear industry by advancing automation, digital manufacturing, and sustainability. It plans to deliver 80 innovations under its 50 million euros investment
Ahead of the upcoming January edition, the Italian trade fair is adapting to changing market landscape while reinforcing its dual role as strategic observatory and a meeting place for footwear and accessories professionals
According to the National Retail Federation (NRF), 202.9 million consumers shopped over the Thanksgiving-Cyber Monday weekend, up from 197 million last year and surpassing the record of 200.4 million set in 2023
The expected growth in European defence investment could present an opportunity for the Portuguese footwear industry, which aims to double exports of technical footwear to 100 million euros by 2030
Awarded by the Swiss American Chamber of Commerce, Crimagno was praised for its recyclable, genderless footwear made from sustainable materials and its commitment to environmental and social impact
The Japanese fashion retail sector is enjoying a standout year, with apparel and footwear sales surging to record highs, despite early signs of cooling demand. Strong Chinese tourist spending has helped to boost results, although geopolitical tensions pose risks for the future. Meanwhile, e-commerce continues to grow much faster than physical retail. Inflation is now converging across categories, with footwear prices rising in line with general inflation. However, the weakening yen is pushing up import costs, leaving retailers reliant on steady consumer demand to absorb rising costs
The Spanish owner of brands such as Zara and Massimo Dutti has reported accelerated sales growth in the third quarter of the year, emphasising its strong start to the final quarter of 2025
An international conference dedicated to the future of the Portuguese and European footwear industries was held as part of the FAIST project on the 18th and 19th of November
Brazilian companies JBS Couros and Viva have signed a binding memorandum of understanding to form a new group called JBS Viva. The new company will process over 20 million hides per year