Companies
Kering appoints Chief Digital, AI & IT Officer
The France-based luxury group has announced the appointment of Pierre Houlès as Chief Digital, AI, and IT Officer, effective immediately. He joined the company from Renault
Artificial Intelligence in the Footwear Sector: How are companies deploying AI?
JUST RELEASED! Read the latest World Footwear Innovation Paper on artificial intelligence in the footwear sector and learn more about where and how companies are implementing it, including three real case studies from Portugal's FAIST project
Yue Yuen revenue falls in 2025 despite resilient manufacturing
The Hong Kong-based footwear manufacturer reported a year-on-year decline in revenue of 1.8% in 2025. The manufacturing business showed resilience in a year marked by weakness in the retail sector
FAIST Voices: meet Vapesol
Part of the FAIST consortium, Vapesol is focusing on product development to bring more sustainability and circularity to the sole manufacturing process
Soles4Souls acquires Erren Recondition
The Nashville-based non-profit organisation Soles4Souls has acquired a European footwear and apparel reconditioning company with the aim of expanding its global circular solutions capabilities
Inditex profit rises to 6.2 billion euros in 2025
The Spain-based fashion retailer saw its profits rise by 6.2% year-on-year to reach 6.2 billion euros in 2025, with sales approaching 40 billion euros amidst continued global expansion
Frasers Group becomes Puma’s second-largest shareholder
The UK-based conglomerate has acquired a 5.77% stake in the sportswear group, establishing itself as the second-largest shareholder behind Anta Sports
Mango delivers double-digit revenue growth in 2025
The fashion retailer reported a year-on-year increase in turnover of 13% to 3.8 billion euros in 2025. This was achieved through continued international expansion and investment in stores, technology and logistics
Alpargatas posts strong full-year results
The Brazilian company posted strong 2025 results, driven by higher prices, an improved channel mix, and sales growth for its flagship brand Havaianas across both domestic and international markets
adidas posts record 2025 revenue
The Germany-based group has reported a record revenue in 2025, driven by double-digit growth key product categories and markets. Despite tariffs and currency headwinds, continued growth is expected ahead
Kering creates two group centres of excellence
The France-based luxury group has announced the creation of two new group centres of excellence – Industry and Client – designed to support the operational performance and development of its Houses
On posts record annual revenue
The Switzerland-based sportswear group has surpassed the 3 billion Swiss francs (3.3 billion euros) revenue mark in 2025, thanks to strong performance across channels and regions
Golden Goose reports full-year double-digit revenue growth
The Italy-based luxury sneaker company reported a 15% net revenue growth in 2025 as compared to the previous year, driven by the expansion of its direct-to-consumer business
Wolverine Worldwide ends 2025 with growth
The US-based group ended the fourth quarter with strong performances from its key brands, Saucony and Merrell. The company reported higher revenue, expanding margins and increased earnings per share
Capri Holdings appoints Tyler Reddien as CFO and COO
The US-based group has appointed Tyler Reddien as Chief Financial Officer and Chief Operating Officer with effect from the 30th of March. He joins the company from The Body Shop-
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