Companies
adidas raises full-year profit outlook
The Germany-based company has increased its operating profit outlook for the full year 2026 based on preliminary third quarter results showing record top- and bottom-line performance
Ferragamo's nine-month revenue remains stable amid market headwinds
The Italy-based luxury group reported a stable revenue over the first nine months of 2026, with growth in direct-to-consumer sales offsetting a decline in wholesale amid challenging market conditions
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Stella International reports modest revenue growth in the third quarter
The Hong Kong-based group reported a 2.2% increase in revenue in the third quarter, reiterating plans to add around 20 million pairs of production capacity through new factories in Vietnam, Indonesia and Bangladesh
Mango promotes Marlies Hersbach to Chief People Officer
The Spain-based company has promoted Marlies Hersbach, who is currently Chief Online and Customer Officer, to the position of Chief People Officer with effect from January 2027
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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!
Amazon announces new job cuts in its retail division
The Seattle-based e-commerce giant has confirmed a new round of layoffs, mainly in its Store unit, following a broader reduction jobs that began last year and continued into January
Fast Retailing posts strong full-year revenue growth
The Japan-based fashion retailer reported a revenue growth of 16.6% in the 2026 financial year compared to the previous year, supported by strong growth of the Uniqlo brand both domestically and internationally
Golden Goose appoints new Chief Consumer Officer
The Italy-based luxury sneaker company has appointed Giorgio Belloli as Chief Consumer Officer. He succeeds Danilo Piarulli, who left the company earlier this year
Frasers Group acquires 8.8% stake in Under Armour
Frasers Group has acquired an 8.8% stake in Under Armour, comprising approximately 16.6 million shares of Class A common stock, according to a filing with the US Securities and Exchange Commission (SEC)
Nike to reduce workforce as part of a new operating model
The US-based sportswear company plans to reduce its workforce as part of a new operating model designed to simplify the company’s structure, cut costs and bring its operations closer to consumers
FAIST Voices: meet Carité Shoemaking Group
A key partner of the FAIST consortium, Carité is testing and developing technologies that support automation, digitalisation and more sustainable footwear production
Nike posts first-quarter revenue decrease
The US-based sportswear company reported a decrease in revenue in the first quarter, as it advances its Pace transformation programme to streamline operations and improve efficiency
Asos raises full-year guidance
Citing strong progress across its three strategic pillars, the UK-based online fashion retailer has raised its full-year gross margin and adjusted EBITDA outlook ahead of the release of its fiscal 2026 results
Dr. Martens launches new global brand platform
The British footwear brand has launched a new global brand platform called ‘With Bouncing Soles’ and ecommerce experience in order to advance its consumer-first strategy outlined in May-
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