News
Authentic Brands to acquire the majority of Guess?'s intellectual property
Authentic Brands Group has reached an agreement with lifestyle brand Guess? to acquire a majority stake in its intellectual property in a deal valued at approximately 1.4 billion USD
Brian Costello appointed as President of Famous Footwear
US-based footwear company Caleres has appointed Brian Costello as President of Famous Footwear. He joined the retail chain earlier this year as Chief Merchandising Officer
Wolverine Worldwide posts sound second quarter performance
The US-based outdoor company has reported strong performance in the second quarter, driven by growth of the Merrell and Saucony brands and sound profitability gains
Strong second quarter for Zalando
The Germany-based online fashion retailer has experienced growth in revenue and profit in the second quarter. Investment in AI technology will now form part of its strategy for expanding its customer base
Global Footwear Exports Increase in 2024 and China Continues to Lose Share
This is one of the main conclusions of the data published in the World Footwear Yearbook 2025, recently released by APICCAPS, the Portuguese Footwear Association
Geox reports improved profitability in the first half
Despite a continued decline in demand due to challenging market conditions, Geox reported an improvement in profitability during the first half of 2025 thanks to cost-cutting measures
Ferragamo launches action plan amid worsening performance
Ferragamo has reported a weak first half due to a tough consumer environment and difficult wholesale conditions. In response, it has devised an action plan focusing on products, communication and distribution
Amazon delivers strong second quarter results
The Seattle-based e-commerce giant has delivered strong second quarter results as it continues to invest in artificial intelligence to improve customer experience across segments
US-China tariff truce extended by 90 days
US President Donald Trump has signed an executive order delaying the introduction of higher tariffs on Chinese goods by a further 90 days, while negotiations between the two countries continue
VF Corp posts first quarter results above guidance
The parent company of the brands The North Face, Vans and Timberland has reported first quarter revenue and profitability that exceed its own guidance as it continues to pursue its transformation strategy
US tariffs policies weigh on Steve Madden’s second quarter performance
The US-based footwear, accessories and apparel company has reported a 6.8% year-on-year revenue growth in the second quarter. However, the shift in US tariff policies has impacted its profitability
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
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