News
Trump suspends tariff hikes for 90 days, but escalates trade war with China
On Wednesday, US President Donald Trump announced a 90-day pause on all “reciprocal” tariffs, with the exception of China. Tariffs on Chinese goods will rise to 125%
Gerry Weber goes bankrupt again
After its German parent company was declared insolvent, the Dutch branch of women’s fashion chain Gerry Weber has filed for suspension of payments. This is the third bankruptcy in six years
New CEOs at Fendi, Kenzo and Louis Vuitton China
The France-based luxury conglomerate LVMH has appointed Ramon Ros as CEO of Fendi, Charlotte Coupé as CEO of Kenzo and Daniel DiCicco as regional president of Louis Vuitton for mainland China
China retaliates with an additional 50% as the US raises tariffs on Chinese goods to 104%
The trade war between China and the US has escalated after Donald Trump’s move to impose 104% tariffs on Chinese goods. Beijing has retaliated with an additional 50%, bringing the total tariff to 84%
Maria José Ferreira from CTCP : BioShoes4All aims to position Portugal to lead in the development of sustainable solutions
We spoke to Maria José Ferreira, Director of Research at CTCP and Coordinator of the BioShoes4All project. We discussed some of the current environmental issues affecting the footwear industry and how Portugal is positioning itself to address these sustainability challenges
SECOND CALL: Join the 12th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
On moves to single CEO structure
Co-CEO and CFO Martin Hoffmann will assume the sole role of CEO. After 12 years of leadership, the current Co-CEO Marc Maurer has decided to leave On to pursue another opportunity
US-China tensions escalate over tariff hikes
Donald Trump has threatened China with an additional 50% tariff on goods imported into the US unless the Asian country withdraws its 34% counter-tariff
Retail and business organisations express concern over Trump’s new tariffs
Retail and business organisations from the US and around the world have voiced their concerns over President Donald Trump’s announcement of new tariffs. Read some of these reactions
Former adidas executive Arthur Hoeld named new CEO of Puma
Arne Freundt, Puma’s current CEO, will leave the company due to differing views on strategy execution. Arthur Hoeld, former head of adidas Global Sales, will succeed Freundt at the helm of the company
Innovation, sustainability and young talent shine at Futurmoda’s latest edition
The latest edition of Futurmoda gathered footwear professionals worldwide to promote discussions on key industry topics. The next edition will occur on the 15th and 16th of October 2025
New US tariffs disrupt global markets
The US administration has imposed a baseline tariff of 10% on all imports into the US, as well as higher targeted tariffs on some of the country’s largest trading partners
Netherlands Retail: optimism reigns at the start of the year
Despite falling consumer confidence in the Netherlands, footwear retailers have good reason to be optimistic about 2025. The data shows that consumers have absorbed the expected lower price increases – footwear inflation shows no signs of abating – and will be spending. In fact, overall retail and e-commerce sales in the Netherlands are forecast to grow by 3.5% and 8%, respectively, this year. It’s worth noting that online shopping continues to stand out as a preferred channel for Dutch shoppers
Financial head of Capri Holdings to join Macy’s
The US department store chain has shuffled its executive team to drive its Bold New Chapter strategy. In particular, Thomas J. Edwards will become chief operating officer and chief financial officer
H&M posts weaker-than-expected first quarter
The Sweden-based fashion group has posted weaker-than-expected first quarter results, but remains optimistic about the future as it continues to focus on long-term profitable growth
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