The US-based luxury group posted a wider net loss in the fourth quarter of fiscal year 2025 as it continues to execute initiatives aimed at returning to growth. The upcoming sale of Versace is expected to help reduce debt
JUST RELEASED! Read the latest World Footwear Innovation Paper on how robots can contribute to footwear production processes by improving efficiency through lean manufacturing principles
Crocs has promoted Terence Reilly to the position of Executive Vice President and Chief Brand Officer. He is now responsible for marketing and communications for both the Crocs and Heydude brands
The US-based company reported full year 2025 results, with net sales increasing by 16.3% year-on-year. This was driven by strong performance from both the Hoka and Ugg brands
As part of the Erasmus+ VETting Green project, partners from Portugal, Spain, Italy and Greece have developed an online course aimed at tackling greenwashing and promoting genuine sustainability practices within the footwear and apparel sectors
Japan’s retail landscape is transforming, driven by the strong performance of the online channel. Despite overall inflationary pressure, retail sales as a whole and footwear imports are on an upward trend, boosted by a weaker US dollar against the yen. With footwear prices finally showing signs of recovery, there is cautious optimism for renewed demand in the short term, even as rising interest rates weigh on consumer confidence
We spoke to Torben Schütz, Deputy Managing Director at the Federal Association of German Footwear and Leather Goods Industry, to learn more about the upcoming Barefoot European Shoe Fair, the first of its kind in Europe. The preview takes place in the summer in Offenbach, close to Frankfurt
On Friday, US President Donald Trump used social media to threaten a 50% tariff on European Union (EU) imports from the 1st of June, reigniting fears of a trade war. After a weekend call, he agreed to delay it until the 9th of July
The US-based brand management group has announced that it will acquire the Dockers brand from Levi Strauss & Co. for 311 million USD. The transaction is expected to be finalised in the third quarter
The Hong Kong-based group saw revenue rise in the first quarter, but profits declined due to uneven production, lower efficiency and rising labour costs, as well as a volatile retail environment in Mainland China
The Baltimore-based company reported a decline in fourth quarter revenue across geographies and segments, but an increase in gross margin, as it continues to reposition the brand for long-term growth
The Italy-based luxury group reported a 2.6% decrease in revenue in the first quarter of 2025, compared to the same period last year, driven by weak demand in the Asia Pacific region
Italian-based company Geox S.p.A. presented its results for the first quarter of 2025, with consolidated sales for the first three months of 2025 amounting to 189.0 million euros, down by 2.4% compared to the previous year
Following a strong start to the year, Brazilian footwear exports slowed in April, as US buyers reduced orders due to high inventory levels resulting from stockpiling in late 2024