United States
Caleres posts mixed fourth-quarter results
The US-based footwear company closed the 2025 fiscal year with a mixed performance in the fourth quarter, achieving solid top-line growth while continuing to experience pressure on profitability
Saks Global taps additional 300 million USD from bankruptcy financing package
The multi-brand luxury retailer has drawn an additional 300 million US dollars from its 1.75 billion US dollars Chapter 11 financing package, marking the final pre-emergence tranche and bringing it closer to exiting bankruptcy
Soles4Souls acquires Erren Recondition
The Nashville-based non-profit organisation Soles4Souls has acquired a European footwear and apparel reconditioning company with the aim of expanding its global circular solutions capabilities
US import cargo volume expected to decline in the first half
Amid tariff uncertainty, US import cargo volumes are expected to fall in the first half of 2026. The potential impact of tensions with Iran on shipping remains unclear
Genesco reports strong fourth quarter
The US-based footwear retailer has ended the fiscal year 2026 on a high note, with a strong performance in the fourth quarter characterised by increased sales and profitability
AAFA announces board leadership changes
The American Apparel & Footwear Association (AAFA) has appointed new members to its Board of Directors. These include Joe Preston, the president and CEO of New Balance, who will serve as board chair
Trump’s trade halt threat raises concerns for the Spanish footwear industry
Amid heightened international tensions, the Spanish Footwear Industry Federation (FICE) has expressed concern following Trump’s threat to halt trade with Spain over military base access
Wolverine Worldwide ends 2025 with growth
The US-based group ended the fourth quarter with strong performances from its key brands, Saucony and Merrell. The company reported higher revenue, expanding margins and increased earnings per share
Capri Holdings appoints Tyler Reddien as CFO and COO
The US-based group has appointed Tyler Reddien as Chief Financial Officer and Chief Operating Officer with effect from the 30th of March. He joins the company from The Body Shop
Shoe Carnival announces CEO transition
As Mark Worden leaves the company, Cliff Sifford, Shoe Carnival’s current Vice Chairman of the Board, will once again take on the role of President and Chief Executive on an interim basis
Rocky Brands reports stronger sales momentum in the fourth quarter
The US-based footwear manufacturer closed 2025 with a 9.1% year-on-year increase in net sales in the fourth quarter, driven by strong demand through the direct-to-consumer channel
Kurt Geiger drives revenue growth for Steve Madden at the end of 2025
The US-based designer and marketer of footwear and accessories ended fiscal year 2025 with strong revenue growth in the fourth quarter, led by the recently acquired Kurt Geiger
New 10% tariff introduced by Trump takes effect
Despite a claim to introduce them at a higher rate, a new 10% global tariff on goods imported into the US announced by the White House is now in effect
US Supreme Court rules against Trump’s emergency tariffs
The US Supreme Court has ruled against former President Donald Trump’s use of emergency powers to impose sweeping tariffs. This has prompted reactions from US retail groups and international industry stakeholders
US House votes to scrap Trump’s tariffs on Canada
In a rare bipartisan rebuke, the US House of Representatives voted to revoke President Donald Trump’s tariffs on Canadian goods, although this is largely a symbolic gesture-
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