News
Gradual Growth in Asian Footwear Consumption Endures
This is one of the key findings of the data published in the World Footwear Yearbook 2025, just released by APICCAPS, the Portuguese Footwear Association. Get access to your copy today
Portuguese Josefinas celebrates 12 years of female luxury and empowerment
Josefinas, the Portuguese women’s footwear brand that has established itself in the world of luxury as a symbol of female empowerment, is celebrating its 12th anniversary
UK Retail: signs of a slowdown are emerging
After a promising start to the year, the UK retail sector is now showing signs of slowing down. Textile, clothing and footwear (TCF) sales, which had recorded consistent year-on-year growth in the first months of 2025, have now begun to decline, reflecting a general downturn in retail performance. Online sales have been highly volatile, with TCF categories being particularly sensitive to changes in consumer sentiment. Meanwhile, rising inflation and weakening consumer confidence are putting downward pressure on spending, and the decline in sales suggests that imports may follow this trend
Offenbach hosts successful Barefoot Shoe Fair launch
Exhibitors and attendees praised Barefoot European Shoe Fair for its vibrant atmosphere, diverse product offerings and growing consumer interest, signalling a shift from niche to mainstream appeal
Germany Retail: cautious forecasts reign amid uncertainty
Although the retail sector has shown modest year-on-year growth overall, the footwear segment continues to struggle. Meanwhile, online sales have recorded double-digit increases since September 2024. The truth is that despite signs of easing inflation and seasonal discount campaigns, both retailers and consumers remain cautious amid geopolitical tensions and economic uncertainty. The rebound seen earlier in the year has given way to cautious forecasts, particularly in light of the sharp downturn in footwear imports and the potential ramifications of shifting trade policies
Prada reports solid first half amid challenging backdrop
The Italy-based luxury group has posted a solid performance in the first half of the year. The Prada brand proved resilient during this period, while Miu Miu continued its accelerated growth trajectory
Hermès maintains growth trajectory
Building on its performance in the first quarter, the France-based luxury group has reported continued growth in the first half of the year, driven by increased year-on-year sales across all regions
Kizik files patent infringement lawsuit against Skechers
HandsFree Lab, the parent company of Kizik, has filed a patent infringement lawsuit against Skechers regarding the Hands Free Slip-ins line. The California-based company intends to “aggressively challenge” the allegations
EU footwear industry may gain from Trump’s tariffs
Countries such as Portugal and Spain could benefit from Trump’s latest tariff policies, as the EU is the least penalised region, with tariffs of only 15%, which do not accumulate with historical tariffs
Footwear production rebounds in 2024
Last year, global footwear production recovered, increasing by 6.9% and regaining the 1.5 billion pairs lost in 2023. This is one of the key conclusions of the data published in the World Footwear Yearbook 2025, just released by APICCAPS, the Portuguese Footwear Association
adidas posts double-digit revenue growth in the second quarter
The sportswear company has reported a strong second quarter, with double-digit revenue growth of 12% year-on-year. Despite acknowledging the impact of US tariffs and future uncertainty, adidas reaffirmed its full year outlook
Soles4Souls raises over 393 thousand USD in its annual fundraiser
The Nashville-based non-profit organisation has raised over 393 821 US dollars at its annual fundraiser, enabling it to provide more than 24 000 homeless students with a pair of shoes
Spain Retail: the fashion sector is now under pressure
Unlike our previous forecast, the Spanish fashion sector is currently under pressure, with its turnover down by 2.56% year-on-year in the first half of the year. The footwear sector, in particular, is showing worrying signs, with low prices and cautious consumer behaviour. This has left retailers with high inventory levels and high hopes for summer discounts. However, only time will tell if the slowdown of the Spanish economy due to mounting global geopolitical and financial uncertainty will affect their prospects
Stella Holdings posts solid first half
In the second quarter, the Hong Kong-based footwear manufacturer recorded an improvement on the previous quarter, boosted by higher sports demand. This led to a solid performance in the first half of the year
Latest developments in Trump’s tariffs policies
Now that Trump’s self-imposed deadline for the 1st of August has been reached, we present the latest update on tariff policies, highlighting the main concerns for the fashion industry
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