News
Trump’s 50% tariff threat to Brazil raises alarm in footwear industry
Donald Trump has threatened Brazil with a 50% tariff starting on the 1st of August over charges against its former right-wing president Jair Bolsonaro. The Brazilian footwear industry has already voiced its concern
Gerry Weber closes all its stores, sells trademark rights
The German fashion retailer is closing all its stores in Germany and Europe while selling its trademark rights to Spanish retailer Victrix. This follows its third insolvency in a few years
Leder & Schuh reports moderate growth in 2024
The Austrian footwear retailer reported a moderate year-on-year sales growth of 1.1% in 2024. This was driven by store expansion, a new private label launch, and product range optimisation
Optimistic outlook for the footwear industry’s business health
More than 55% of the respondents of the last edition of the World Footwear Business Conditions Survey are confident about the health of their businesses. The 12th edition of the World Footwear Business Conditions Survey results are now available
Eva Haak from AMI: Polymers in Footwear 2025 spotlights innovation and networking
We spoke to Eva Haak, Conference Production Manager at AMI’s Polymers in Footwear Conference. We learned more about this year’s event, which will happen in Portland on July 16th and 17th
Amazon reaches robot milestone, debuts new generative AI model
The US-based e-commerce giant has announced that it has deployed its one millionth robot and that its entire fleet will be powered by a newly launched generative AI model
US President postpones reciprocal tariffs but announces new country-specific rates
Donald Trump has officially delayed imposing higher tariffs on US imports until the 1st of August, and has sent letters to 14 countries detailing the levies they face, including Japan and Korea
Reverse engineering: opportunities and challenges for more digitised footwear businesses
JUST RELEASED! The latest World Footwear Innovation Paper highlights the opportunities and major challenges of using reverse engineering processes in the context of the digital and green transition currently being undertaken by the footwear industry
The US and Vietnam reach an agreement on tariffs
US President Donald Trump announced that the US would impose lower-than-expected tariffs of 20% on many Vietnamese exports, and 40% on transshipments through Vietnam from third countries
Portuguese brand Caina debuts with a line of timeless bags
This new Portuguese handbag brand aims to promote women’s empowerment by combining practicality with elegance and timelessness. It was launched on the 30th of May
Primark plans significant workforce cuts
The international retailer plans to reduce staff in key support functions, impacting about 7% of Dublin HQ jobs, as it restructures to maintain competitive pricing and invest in overseas markets
Italian footwear, leather goods and tannery machinery sector ends 2024 in the red
Preliminary figures from Assomac indicate that the sector recorded a year-on-year drop in turnover of 12% in 2024, with an estimated closure of around 575 million euros
Trump's Tariffs Expected to Negatively Impact Footwear
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel about the expected impact of Trump's wave of tariffs in footwear. The expectations are not positive. Read it all by accessing the report with the main conclusions
Nike reports fourth-quarter and full year results
The US-based sportswear company saw declines in revenue for both the quarter and full year, but remains hopeful, repositioning through a sport-focused strategy to renew consumer connection
Portuguese shoes shined at the Willy Chavarria show at Paris Fashion Week
The US fashion designer has teamed up with the Portuguese Footwear Association and the Mariano Shoes brand for his latest show at the Paris Fashion Week
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