Companies
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%
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
Newsweek and Time Magazines rank Skechers as a top company
The US-based footwear company has received Newsweek’s ‘America’s Best of the Best 2025’ award and has appeared on Time’s ‘World’s Best Companies 2025’ list for the second year in a row
Ferragamo CFO La Tour exits the company
The Italy-based group has announced the departure of its CFO, Pierre La Tour. He will be succeeded on an interim basis by Paolo La Morgia, the group’s current Planning and Control Director
Kering appoints Francesca Bellettini as President and CEO of Gucci
The France-based luxury group has appointed Francesca Bellettini as the new president and CEO of Gucci. She has the task of leading a turnaround for the struggling luxury brand
Daphne Wattiez from AKVO: when people, materials and time are valued, the result is more meaningful
We spoke to Daphne Wattiez, the Founder of AKVO. This unisex footwear brand employs artisanal craftsmanship and bio-sourced materials, inspired by the Mediterranean beauty. Among other topics, we talked about the brand’s challenges and her perspective on the industry
VF Corp announces sale of Dickies to Bluestar Alliance
The US-based outdoor and activewear group has entered into a definitive agreement with the management firm Bluestar Alliance to sell the Dickies brand for 600 million US dollars in cash
Primark's sales improve in UK and Ireland in second half
Ahead of the release of the full year results, the parent company of Primark provided a trading update that highlights sequential improvements in the UK and Ireland region
FAIST: main results to be presented at SIMAC Tanning Tech 2025
Taking place on the 24th of September during the SIMAC trade fair, in Milan, the FAIST seminar will present its main results. Speakers from CTCP will be in attendance, as well as representatives from the project’s participating companies
Kyaia expands portfolio with the acquisition of AsPortuguesas
The Portuguese group has acquired the eco-friendly footwear brand AsPortuguesas, also from Portugal, for an undisclosed sum. Kyaia already owns the Fly London and Softinos brands
Skechers goes private following 3G Capital acquisition
The Brazilian private equity firm 3G Capital has completed its acquisition of Skechers. After almost three decades as a public company, Skechers has gone private
Footwear as a Medical Device in the EU: Can classifying shoes as medical devices unlock new opportunities?
JUST RELEASED! Read the latest World Footwear Innovation Paper on footwear as a medical device within the European Union. Learn more about the EU's regulatory framework, the challenges and opportunities for footwear businesses
Asos and ITF sign landmark agreement to safeguard transport workers’ rights
The online fashion retailer has signed a legally-binding agreement with the International Transport Workers' Federation (ITF) to protect the rights of transport workers across the supply chain-
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