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Skechers to be acquired by 3G Capital
The US-based sneaker company has agreed to be taken private by the investment firm 3G Capital in a deal worth 9.42 billion US dollars after nearly three decades as a public company
Strong first quarter for the Prada group
The Italy-based luxury group reported a strong first quarter, with growth in all regions despite a complex macro environment. The Miu Miu brand continues to thrive
New Generation: meet Diogo Ribeiro from dportus
With a master’s in industrial engineering and management, Diogo Ribeiro is the grandson of the founder of the footwear company Campeão Português. He has recently launched dportus, a B2B shoe platform
India’s leather, non-leather footwear and leather products exports rise by 25% in 2024-2025
India’s exports of leather, non-leather footwear and leather products grew by around 25% year-on-year to 5.7 billion US dollars in fiscal 2024-25, according to the Council for Leather Exports (CLE)
Global Fashion Summit focuses on innovation to turn barriers into bridges
Less than a month to go until the opening of the Global Fashion Summit, a leading international forum dedicated to sustainability. This year’s edition will focus on innovation to turn barriers into bridges
UK & Ireland remains a weak spot for Primark
Associated British Foods, owner of Primark, has released its trading update for the first half of its fiscal year. Primark’s sales grew in the period, despite weaker results in the UK & Ireland market
76 footwear brands urge Donald Trump to exempt shoes from tariffs
Nike, Skechers, Crocs, adidas, Puma, Caleres, VF Corp and Wolverine Worldwide are among the 76 companies that are urging the US administration to exempt footwear from the tariffs, fearing rising costs
Asos profitability improves
The UK-based online fashion retailer has reported improved profitability in the first half of its current financial year, underlining the success of its new commercial model
Abicalçados celebrates its 42nd anniversary
Representing a sector with over 5 000 factories and directly employing around 300 000 people throughout Brazil, the Brazilian Footwear Industries Association (Abicalçados) celebrated its 42nd anniversary in April
Elizabeth Semmelhack from the Bata Shoe Museum: It has been a remarkable 30 years
We spoke to Elizabeth Semmelhack, Director and Senior Curator at the Bata Shoe Museum, to learn more about the preparations for the museum’s 30th anniversary. Among other topics, we talked about current and upcoming exhibitions
Saks Global lays off hundreds of people
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has laid off hundreds of employees as part of a plan to consolidate operations as the retailers merge
adidas reports strong first quarter but CEO warns of tariff impact ahead
The German sportswear company has reported a 13% increase in sales in the first quarter, as compared to the same period last year. However, CEO Bjørn Gulden warned of the impact of tariffs ahead
Portugal exports high-tech footwear to the world
Birkenstock, Burberry, Columbia, Hermès and Nike are some of the brands that use Portuguese high technology in their production. It’s a reality that will deepen over the next few years due to major investments being made as part of the FAIST mobilisation agenda
Skechers announces first quarter results
The US-based sneaker company has reported a solid start to the current year, with sales up by 7.1% on the same period last year. However, due to macroeconomic uncertainty, it will not be issuing full year guidance
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