News
US holiday retail sales up by 3.8% as consumers prioritised value
US retail sales rose by 3.8% year-over-year from November to Christmas, according to Mastercard Spending Pulse, as consumers prioritised getting the best deal and digital-first shopping
FICE appoints a new Secretary General
The Spanish Federation of Footwear Industries (FICE) has appointed Salvador Gómez as Secretary General. He succeeds Marián Cano, who has joined the local government of the Autonomous Community of Valencia
Italian and Scottish brands unite for European shoe collections
Nice Footwear, through Nice Brand Lab, deepens its collaboration with Scottish fashion brand Lyle & Scott to create and distribute exclusive footwear collections across Europe
Skechers settles design patent case against L.L. Bean
Skechers and L.L. Bean have settled a lawsuit alleging the latter’s "Freeport" shoes infringed patented heel cup designs, with a court order barring further sales, imports and manufacturing
Indian footwear industry aims to reach 26 billion USD by 2030
The Indian footwear industry is targeting a market size of 26 billion USD by 2030, including 8 billion USD in export revenues. The footwear components segment is expected to be key in achieving this goal
Italian leather-footwear sector with a challenging 2024
Data from Assomac highlighted the economic challenges of Italy's leather sector in 2024, with declined exports and 78% of companies reporting reduced demand across domestic and international markets
UK consumers to cut spending in January
UK retailers could be bracing themselves for a squeeze in consumer spending due to a sharp fall in expectations about the country’s economic situation, according to the British Retail Consortium
Bata appoints Chief Design Officer
The Swiss-based footwear company has appointed Miguel Esquide as Chief Design Officer. The move signals its commitment to innovation and creativity as it seeks to connect with a modern audience
UK retail jobs reach a seasonal low
The UK's retail sector navigates declining employment levels and rising labour costs, with new government policies in 2025 expected to add financial strain and push further automation investment
French leather shoe exports fall, but China offers opportunity
French leather footwear exports fell by 3% year-on-year between January and August, but according to Alliance France Cuir, there’s still room for luxury footwear to grow in China
Saks completes the acquisition of Neiman Marcus
For a total enterprise value of 2.7 billion USD, the luxury retail and real estate company Saks Global now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH
Brazilian Forum highlights Life Cycle Assessment in the leather industry
The 2025 CICB Sustainability Forum, held during Fimec in Novo Hamburgo in March 2025, will gather experts to discuss Life Cycle Assessment's role in shaping sustainable practices in the leather sector
2025 brings questions to the Italian leather sector
Italy's tanning industry currently struggles with declining demand, rising economic pressures and labour challenges, while hopes for recovery hinge on global economic, political and trade stability
Nike reports revenue decline amid strategic repositioning
The US-based sportswear company reported revenue and net income decline in the second quarter. CEO Elliot Hill shared ambitions to refocus on sports to drive long-term growth and shareholder value
H&M acquires minority stake in Swedish platform Voyado
The Sweden fashion group has acquired a minority stake in the Swedish-founded retail technology platform Voyado, thus strengthening their existing partnership
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