World Footwear

Footwear

Japan Retail: renewed optimism for footwear demand?

Premium ContentMay 27, 2025 / Japan
Japan’s retail landscape is transforming, driven by the strong performance of the online channel. Despite overall inflationary pressure, retail sales as a whole and footwear imports are on an upward trend, boosted by a weaker US dollar against the yen. With footwear prices finally showing signs of recovery, there is cautious optimism for renewed demand in the short term, even as rising interest rates weigh on consumer confidence

VETting Green: an online course to tackle greenwashing in the apparel and footwear sectors

May 27, 2025 / Portugal
As part of the Erasmus+ VETting Green project, partners from Portugal, Spain, Italy and Greece have developed an online course aimed at tackling greenwashing and promoting genuine sustainability practices within the footwear and apparel sectors

Torben Schütz (HDS/L): the Barefoot European Shoe Fair is the beginning of a success story

Premium ContentMay 26, 2025 / Germany
We spoke to Torben Schütz, Deputy Managing Director at the Federal Association of German Footwear and Leather Goods Industry, to learn more about the upcoming Barefoot European Shoe Fair, the first of its kind in Europe. The preview takes place in the summer in Offenbach, close to Frankfurt

Yue Yuen revenue up, but profits down

May 23, 2025 / Hong Kong
The Hong Kong-based group saw revenue rise in the first quarter, but profits declined due to uneven production, lower efficiency and rising labour costs, as well as a volatile retail environment in Mainland China

Under Armour reports fourth quarter and full year 2025 results

May 23, 2025 / United States
The Baltimore-based company reported a decline in fourth quarter revenue across geographies and segments, but an increase in gross margin, as it continues to reposition the brand for long-term growth

Sales down by 2.4% at Geox

May 22, 2025 / Italy
Italian-based company Geox S.p.A. presented its results for the first quarter of 2025, with consolidated sales for the first three months of 2025 amounting to 189.0 million euros, down by 2.4% compared to the previous year

April dip in Brazilian footwear exports linked to sluggish US demand

May 21, 2025 / Brazil
Following a strong start to the year, Brazilian footwear exports slowed in April, as US buyers reduced orders due to high inventory levels resulting from stockpiling in late 2024

US Retail: bleak prospects amid growing uncertainty

Premium ContentMay 20, 2025 / United States
The footwear retail sector is definitely underperforming, especially compared with clothing and accessories. The current trade war between the US and its trading partners is not helping consumers recover from last year’s inflationary crisis. Consumer confidence has fallen by almost 30% in the first four months of the year as people believe that shoe prices may rise significantly again. Against this backdrop, importers are at a standstill, trying to guess the best course of action. Uncertainty is the word that best describes the current situation in the sector

Portuguese footwear exports grow in the first quarter

May 20, 2025 / Portugal
In the first quarter of 2025, the Portuguese footwear sector exported 20 million pairs of shoes, worth 453 million euros. This represents a 4.9% increase in volume and a 5.4% increase in value, as compared to the same period last year

Keen committed to not raising prices in 2025

May 19, 2025 / United States
The outdoor footwear brand has announced that it will not be implementing any tariff-related price increases for the rest of 2025 in order to support its partners and customers during this period of uncertainty

Merrell and Saucony drive growth for Wolverine Worldwide

May 16, 2025 / United States
The US-based outdoor company has reported strong performance in the first quarter, fuelled by double-digit revenue increases for the Merrell and Saucony brands. This highlights the success of its turnaround strategy

Dick’s Sporting Goods to acquire Foot Locker for 2.4 billion USD

May 16, 2025 / United States
Dick’s Sporting Goods has announced that it will acquire Foot Locker for 2.4 billion US dollars. This deal will give Dick’s a major international presence and greater market leverage with brands such as Nike and adidas

Allbirds beats first quarter expectations

May 15, 2025 / United States
The US-based footwear company is confident in its turnaround plans. It delivered a first quarter ahead of expectations and believes it is well positioned to generate “topline momentum” in the second half

Grendene gets off to a positive start in 2025

May 14, 2025 / Brazil
The owner of the Melissa and Ipanema brands posted a positive performance in the first quarter, driven by strong foreign market sales. The company is monitoring the situation with US tariffs, looking for new opportunities

UK Retail: the sector appears to be holding its own

Premium ContentMay 13, 2025 / United Kingdom
The UK retail sector appears to be holding its own despite fears of increased costs as a result of the new Employment Rights Bill. In particular, retail sales of Textile, Clothing and Footwear (TCF) have risen back-to-back in the first quarter of the year, and the improvement in footwear inflation from negative to neutral in March may suggest a boost to demand. Although consumers aren’t exactly optimistic about the future, especially with new rising bills and the ongoing US trade war, retailers still have reasons to restock
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