News
Simac Tanning Tech and Linneapelle attract over 9,000 visitors
With exhibitors from nearly 20 countries, the Italian fairs provided a platform for industry dialogue and showcased Italian resilience in a sector facing export declines and shifting global dynamics
DSW unveils new look to strengthen market position
To refresh its image and re-engage customers, the footwear retailer owned by Designer Brands has launched a new brand platform called ‘Let Us Surprise You’ and is refining its product mix
Kerry Jackson appointed Chief Financial Officer of Shoe Carnival
Shoe Carnival has announced that Kerry Jackson will resume the position of CFO, a role he has held for almost 30 years. This comes at a time when the company is looking to expand its Shoe Station banner
Nike sees modest revenue growth but profits drop
The sportswear company has reported a modest year-on-year revenue growth of 1% in the first quarter, but a 31% year-on-year drop in profits, as it navigates lower margins and ongoing challenges in key markets
Brazil introduces mandatory footwear labelling to combat counterfeiting
The new regulation requires footwear manufacturers and importers to provide detailed product information. This is intended to protect consumers and strengthen the legitimate market
Armani’s will instructs heirs to sell or take brand public
In his will, the late designer Giorgio Armani instructed his heirs to gradually sell the fashion house he founded 50 years ago or seek a market listing. Priority is to be given to LVMH, EssilorLuxottica or L’Oréal
Portuguese Shoes debuts at London Fashion Week
British designer Annie Purdy, winner of the Portuguese Footwear Award, developed her debut collection in Portugal, unveiling it at the Portuguese Embassy in London during London Fashion Week
ACLE highlights innovation and resilience amid global pressures
The Shanghai trade fair welcomed thousands of professionals, with global trade links and emerging markets offering prospects for the leather sector. The next edition is set to occur in September 2026
Terry Boyle from Trove: resale as an integrated revenue channel for footwear
As the resale economy continues to gain momentum, brands are increasingly exploring in-house recommerce channels. In this first part of his interview, Terry Boyle, CEO at Trove, shared his view on how footwear businesses can integrate and benefit from resale channels
CLIA President points to AI and sustainability as footwear industry drivers
In his speech at the last UITIC Congress, CLIA President Li Yuzhong emphasised the importance of AI and sustainability in reshaping the global footwear industry, presenting China as a key partner
Birkenstock raises full year revenue outlook
The Germany-based footwear company expects a year-on-year increase of 15.9%, or 17.5% on a constant currency basis, ahead of its previous guidance of 15% to 17%
Japan Retail: mixed signs for the footwear sector
Sales of apparel and footwear remain sluggish, with monthly declines compared to 2024. However, while clothing prices in Japan have outpaced general inflation (which is higher than usual for the country’s economy), footwear inflation has remained relatively stable, hovering just above the Bank of Japan’s 2% target. This suggests that, while households are reducing discretionary spending, footwear is less susceptible to price volatility. Nevertheless, rising import costs and exchange rate fluctuations could alter this situation
H&M posts 40% rise in third quarter operating profit
The Sweden-based fashion group reported a 40% rise in operating profit as a result of an improved customer offering, improved gross margins and effective cost management
Geox to implement restructuring plan that could affect up to 115 jobs
The Italy-based group Geox has announced a restructuring plan that could result in the loss of up to 115 jobs. These measures form part of the implementation of its Industrial Plan
Acquisitions drive JD Sports half year growth
The UK-based sportswear retailer has reported strong sales growth in the first half of its fiscal year, driven mainly by its Hibbett and Courir acquisitions in the previous fiscal year
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