News
Bangladesh: leather and non-leather footwear exports on the rise in 2024-2025
Data from the Export Promotion Bureau reveals that Bangladesh’s footwear sector has shown an upward trend between July 2024 and May 2025, across both the leather and non-leather segments
US core retail sales hold their own
Continued growth in core retail sales in May was shown by data released by the US Census Bureau, despite a downturn in overall sales amid fluctuating tariffs, said the National Retail Federation
Kizik names former Nike veteran as CEO
The Utah-based slip-on footwear brand and its parent company, HandsFree Lab, have appointed Gareth Hosford, the former Nike and Converse executive, as Chief Executive Officer
Prada acquires a 10% stake in the Rino Mastrotto leather group
The Italian luxury group will hand over two tanneries to Rino Mastrotto, as well as an unspecified cash investment. This will enable Prada to exert greater control over its production process
Luca de Meo appointed Chief Executive Officer of Kering
The CEO of the automotive group Renault has been appointed to the role of Chief Executive Officer of the luxury group Kering, marking a change in the company’s governance
APICCAPS shares key takeaways on Portuguese footwear at Vogue Business event
A panel discussion co-hosted by Vogue Business and APICCAPS shed light on major changes in the global production landscape, encouraging brands to rethink their manufacturing strategies
Footwear prices to increase over the next six months
75% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The report with the results of the 12th edition of the survey is now available
Climbing the ladder from manufacturing to launching a brand: how can technology help?
JUST RELEASED! The latest World Footwear Innovation Paper explains how footwear manufacturers can use available technology to launch their own brands, and outlines other important considerations in the process
British consumers cut back on non-essential spending
According to the British Retail Consortium (BRC), May recorded the slowest growth in retail sales in 2025, as fashion and full price big-ticket items suffered from lower consumer confidence
US and China strike preliminary trade deal
The United States and China have reached a framework agreement on a trade deal that eases global trade tensions. However, the final terms have yet to be formally agreed upon by both governments
EU Commission targets Shein over consumer protection concerns
The European Union Commission has urged Shein to comply with EU consumer protection laws, warning that the fast-fashion retailer could face fines if it fails to address the concerns that have been raised
Inditex reports slower growth in the first quarter
The Spain-based fashion retailer saw a 1.5% year-on-year increase in sales in the first quarter of 2025. However, these figures fell short of expectations, highlighting a more challenging economic environment
Designer Brands posts weak first quarter, withdraws full year outlook
The Ohio-based company has posted weak results in the first quarter. Due to ongoing instability and pressure on consumer discretionary spending, it has also withdrawn its full year outlook
Brazilian footwear production expected to grow by between 1.4% and 2.2% in 2025
Brazilian footwear production is expected to grow by between 1.4% and 2.2% in 2025, says Abicalçados, driven primarily by the domestic market. Still, the current global economy may favour exports
Dr. Martens unveils a new strategy aimed at returning to growth in FY26
Having delivered on its full year 2025 objectives, the footwear company has launched the Levers For Growth strategy, with the aim of returning to growth over the current fiscal year
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