Companies
Ferragamo launches action plan amid worsening performance
Ferragamo has reported a weak first half due to a tough consumer environment and difficult wholesale conditions. In response, it has devised an action plan focusing on products, communication and distribution
Amazon delivers strong second quarter results
The Seattle-based e-commerce giant has delivered strong second quarter results as it continues to invest in artificial intelligence to improve customer experience across segments
VF Corp posts first quarter results above guidance
The parent company of the brands The North Face, Vans and Timberland has reported first quarter revenue and profitability that exceed its own guidance as it continues to pursue its transformation strategy
US tariffs policies weigh on Steve Madden’s second quarter performance
The US-based footwear, accessories and apparel company has reported a 6.8% year-on-year revenue growth in the second quarter. However, the shift in US tariff policies has impacted its profitability
Prada reports solid first half amid challenging backdrop
The Italy-based luxury group has posted a solid performance in the first half of the year. The Prada brand proved resilient during this period, while Miu Miu continued its accelerated growth trajectory
Hermès maintains growth trajectory
Building on its performance in the first quarter, the France-based luxury group has reported continued growth in the first half of the year, driven by increased year-on-year sales across all regions
Kizik files patent infringement lawsuit against Skechers
HandsFree Lab, the parent company of Kizik, has filed a patent infringement lawsuit against Skechers regarding the Hands Free Slip-ins line. The California-based company intends to “aggressively challenge” the allegations
adidas posts double-digit revenue growth in the second quarter
The sportswear company has reported a strong second quarter, with double-digit revenue growth of 12% year-on-year. Despite acknowledging the impact of US tariffs and future uncertainty, adidas reaffirmed its full year outlook
Kering’s revenue and profits tumble in the first half
The parent company of Gucci and Yves Saint Laurent continues to struggle. In the first half of the year, revenue declined by 16% and net profit declined by 46%, as compared to the same period last year
Deckers reports strong start to fiscal year 2026
Despite a trade environment marked by uncertainty, the US-based company has reported a strong first quarter performance, with net sales growing by 16.9% year-on-year
LVMH posts decline in first half revenue and profit
In line with its results in the first quarter of the year, the France-based luxury conglomerate ended the first half with a 4% year-on-year decline in revenue and a 22% decline in net profit
Coats Group acquires OrthoLite
The UK-based manufacturer of industrial threads for the apparel and footwear industries is set to acquire the insole manufacturer OrthoLite for an initial enterprise value of 770 million USD
Genesco and Wrangler sign a multiyear licensing agreement
Genesco and the denim and lifestyle brand have signed a multi-year licensing agreement, whereby the former will design, source, and market footwear under the Wrangler brand
AI's impact in the footwear industry
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Burberry sees a slower revenue drop in the first quarter
The UK-based luxury company reported a 6% decline in revenue in the first quarter of its current fiscal year, but highlighted improvements in comparable retail sales in all regions-
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