News
UK Retail: the sector appears to be holding its own
The UK retail sector appears to be holding its own despite fears of increased costs as a result of the new Employment Rights Bill. In particular, retail sales of Textile, Clothing and Footwear (TCF) have risen back-to-back in the first quarter of the year, and the improvement in footwear inflation from negative to neutral in March may suggest a boost to demand. Although consumers aren’t exactly optimistic about the future, especially with new rising bills and the ongoing US trade war, retailers still have reasons to restock
Columbia Sportswear announces first quarter results, withdraws full year outlook
The US-based company reported a satisfactory performance in the first quarter, with growth in all markets except the US and Canada. However, due to uncertainty from global trade policies, it has withdrawn its full year outlook
Puma profits dip in the first quarter
The sportswear company reported a subdued performance in the first quarter, with the adjusted operating profit falling by more than 50% year-on-year due to lower gross profit margins and rising operating expenses
Portuguese footwear steps onto the MET Gala stage
Portuguese footwear made its debut at the MET Gala as musician Maluma and designer Willy Chavarria walked the world’s most famous red carpet in Carlos Santos shoes
US strikes deal with UK, cuts China tariffs for 90 days
The US will reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free. It will also lower tariffs on Chinese goods from 145% to 30% for 90 days.
Crocs withdraws full year outlook amid volatile macroeconomic environment
The US-based company, best known for its clogs, has reported “better-than-expected” fist quarter results. However, due to the current macroeconomic environment, it has decided to withdraw its full year outlook
Steve Madden posts modest first quarter and signals cautious approach to the year
The US-based company has reported a modest first quarter performance, withdrawing its full year outlook due to macroeconomic uncertainty surrounding the impact of Trump’s new tariffs. Kurt Geiger acquisition completed
Rocky Brands kicks off 2025 with solid results
The US-based footwear company has reported a strong first quarter and maintained its full year net sales guidance, as it prepares to raise prices due to tariffs
Bangladesh’s leather sector to focus on a visible, vocal and responsible strategy
“It’s our time to be visible, vocal and responsible” was the main outcome of a roundtable hosted by sector-focused knowledge platform Footwear Exchange to mark World Leather Day 2025
Zalando reiterates full year guidance
The fashion online retailer has reported a strong first quarter with growth in revenue and profits. As a result, it has confirmed its full year outlook despite the challenging macroeconomic environment
LAST CALL: Join the 12th edition of the World Footwear Business Conditions Survey
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!
Skechers to be acquired by 3G Capital
The US-based sneaker company has agreed to be taken private by the investment firm 3G Capital in a deal worth 9.42 billion US dollars after nearly three decades as a public company
Strong first quarter for the Prada group
The Italy-based luxury group reported a strong first quarter, with growth in all regions despite a complex macro environment. The Miu Miu brand continues to thrive
New Generation: meet Diogo Ribeiro from dportus
With a master’s in industrial engineering and management, Diogo Ribeiro is the grandson of the founder of the footwear company Campeão Português. He has recently launched dportus, a B2B shoe platform
India’s leather, non-leather footwear and leather products exports rise by 25% in 2024-2025
India’s exports of leather, non-leather footwear and leather products grew by around 25% year-on-year to 5.7 billion US dollars in fiscal 2024-25, according to the Council for Leather Exports (CLE)
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