Companies
Under Armour announces executive leadership changes
As part of its transformation strategy, the Baltimore-based sportswear company has appointed Kara Trent as Chief Merchandising Officer and Adam Peake as President of the Americas
Burberry grows in the third quarter
The UK-based group reported a 3% year-on-year growth in comparable sales in the third quarter of the 2026 fiscal year, thanks to solid performance in the Asia-Pacific and Greater China regions
Pikolinos names non-family executive as CEO
The Spanish footwear group has appointed Francisco Sánchez as Chief Executive Officer. He will collaborate with the Perán family to oversee the group’s development and international expansion
Zalando plans to close its Erfurt logistics centre
Following its acquisition of About You, the German online retailer will streamline its European logistics network. This will include the closure of the Erfurt fulfilment centre by September 2026
Richemont posts strong third quarter
The Switzerland-based luxury group has posted a strong performance in the third quarter, with year-on-year growth of 11%, driven by growth across all segments, regions and channels
JD Sports to enable direct purchases through AI platforms
The sportswear retailer has announced that its US customers will be able to use AI platforms to search for and purchase sports footwear, apparel, and accessories without having to leave the interfaces
Genesco lifts full year adjusted earnings outlook on strong holiday sales
The Nashville-based footwear company has increased its full-year adjusted earnings forecast after achieving strong comparable sales during the holiday season
Saks Global files for Chapter 11 protection
Saks Global, the owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has filed for bankruptcy protection while it works to reduce its substantial debt
Birkenstock forecasts strong first quarter sales despite external headwinds
Despite the impact of a weaker US dollar, the Germany-based footwear company has reported strong preliminary sales figures for the final months of 2025
AI has not yet matured sufficiently to meet the specific needs of the industry
This is one of the key findings from the World Footwear Business Conditions Survey, conducted in October and November 2025. We asked our panel of experts to share their views on the impact of AI in the footwear industry. Here’s what they told us
FAIST Voices: meet Atlanta and JPM
Atlanta is a family-owned business specialising in the production of footwear soles. Its main partner, JPM, focuses on providing technology solutions. Together under the FAIST consortium, they are exploring how to replace labour-intensive processes in the footwear sector with technology
Nike quietly offloads its NFT business
The sportswear company finalised the sale of its virtual sneaker subsidiary, RTFKT, to an undisclosed buyer at the end of 2025, quietly marking its exit from the blockchain-based collectibles market
ABF warns on profits as Primark faces tough start to the year
Associated British Foods has revealed that it expects profits to be lower than last year. Primark has had a challenging start to the year, with improvements in UK trading offset by weakness in continental Europe
LVMH reshuffles leadership at Givenchy
Amadine Ohayon is set to take the reins at Givenchy, replacing Alessandro Valenti. Valenti is leaving after just 18 months to take up a senior position at Christian Dior Couture
Next raises profit forecast on strong Christmas sales
The UK-based fashion retailer has reported strong and better-than-expected Christmas trading results, prompting it to raise its full-year profit forecast-
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