News
Capri Holdings lowers full-year revenue outlook
The US-based luxury group has lowered its revenue outlook for the 2027 financial year, citing inventory delays at Michael Kors, weaker trends in the EMEA region, and unfavourable foreign exchange rates
H&M warns of potential job cuts among UK support staff
The Sweden-based fashion group has informed around 250 of its UK support office employees about a proposed reorganisation and consultation process that could lead to job losses
Germany Retail: Footwear remains under pressure
The German footwear market is under increasing pressure due to declining sales, rising prices and weakening consumer confidence. While total retail and online sales have remained relatively resilient, footwear and leather goods have consistently underperformed. Meanwhile, retailers have become more cautious, as reflected in declining imports and weak retail confidence, which points to a challenging environment for the sector
Genesco announces retirement of Chief Strategy and Digital Officer
The US-based footwear retailer has announced the retirement of Parag D. Desai, Senior Vice President and Chief Strategy and Digital Officer, after more than a decade with the company
New Generation: João Mendes, ISI Soles
João Mendes, a Management Information Systems graduate from the University of Coimbra, is part of the second generation at ISI Soles, a company that specialises in producing components for the footwear industry
Ferragamo returns to profit
The Italy-based luxury group has returned to profitability in the first half of 2026, supported by an improved operational performance and stronger direct-to-consumer net sales
Expo Detalles Perú 2026 to hold its 15th edition
The trade fair specialising in materials, machinery and technology for the footwear industry is taking place from the 12th to the 14th of August at the Jockey Plaza Convention Centre in Lima
Steve Madden lifts fiscal 2026 outlook again after strong second quarter
The US-based designer and marketer of footwear and accessories has reported strong second-quarter results, raising its fiscal 2026 outlook for the second consecutive quarter
Geox improves profitability despite first-half sales decline
The Italy-based company has reported sales of 270.4 million euros in the first half of 2026, a decrease of 11.4% year-on-year, while adjusted EBIT increased to 5.6 million euros from 0.6 million euros
Sales growth continues at Rocky Brands in the second quarter
The US-based footwear manufacturer has reported a 12% year-on-year increase in second-quarter net sales, while earnings improved due to the recognition of actual and anticipated recoveries of IEEPA tariffs
Prada reports solid first-half performance
Despite the ongoing geopolitical uncertainty, the Italy-based luxury group has reported a year-on-year revenue growth of 16% on a constant currency basis and 5% on an organic basis in the first half of 2026
Crocs raises full-year outlook
Crocs delivered stronger-than-expected second-quarter results, driven by solid direct-to-consumer growth and momentum in its core brand, leading the company to raise its full-year 2026 outlook
Lineapelle confirms over 1,000 exhibitors at September 2026 edition
The leading leather trade event for the luxury, fashion and design supply chains has confirmed that more than 1,000 exhibitors will participate in the September 2026 edition
Puma posts soft second-quarter results
The Germany-based sportswear company has reported soft second-quarter results, marked by weaker consumer demand and the ongoing reset of its business weighing on sales
International markets support Columbia Sportswear’s second-quarter growth
The US-based company has exceeded its sales guidance in the second quarter, with international growth partly offsetting weaker performance in the US and Canada
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