News
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
adidas names Markus Morent to lead Korean Market
The German sportswear company appoints Markus Morent as head of adidas Korea, signalling renewed focus on consumer experience and growth as the company posts strong early 2025 results
EU retreats from proposed Green Claims Directive
The European Commission has announced its intention to withdraw the EU Green Claims Directive, just days before the final negotiations between the European Parliament and the Council were set to begin
Darla-Jane Gilroy from GFFC: the first anniversary has laid the groundwork, now we are building on it
In this second part of our interview with Darla-Jane Gilroy, Founder of GFFC, we talked about the coalition’s reflections on its first anniversary, the inaugural symposium attended by 150 invited delegates and the organisation's view of the future of the footwear industry
Footwear industry anticipates sales volumes will increase
More than 60% of the respondents of the last edition of the World Footwear Business Conditions Survey expect quantities of footwear traded in their country to increase over the next six months. The report with the main conclusions of the 12th edition of the survey is now available
The UITIC Congress is a platform for information exchange and cooperation in the footwear industry
We spoke to Li Yuzhong, chairman of the China Leather Industry Association (CLIA), to find out more about the upcoming UITIC Congress, which will return to China from the 31st of August to the 3rd of September
H&M reports first half progress
Despite reporting only a slight increase in sales in the second quarter and the first half, Daniel Ervér (CEO) highlighted the progress that the Sweden-based fashion group is making towards achieving healthier profitability
Bata Group appoints Panos Mytaros as CEO
The Swiss-based footwear group has appointed the former CEO of Danish group Ecco, Panos Mytaros, as its new head. He will join in September, taking over from Sandeep Kataria
Havaianas with new distribution model in North America
Alpargatas has entered into a supply chain and distribution agreement with the Eastman Group for its flip-flop brand in North America. This marks a shift from a direct operations to a distributor model
Cost of raw materials continues to worry the footwear industry
Cost of merchandise or raw materials maintains its position as the top concern for the footwear industry, according to respondents of the 12th edition of the World Footwear Business Conditions Survey. Domestic market challenges have intensified
Portuguese group Kyaia launches new footwear brand
The Fred&Frederico brand, which was launched earlier this year and takes its inspiration from mountain sports, is a tribute to the founding family of the Kyaia Group
Ecco and Lowa to close factories in Slovakia
This summer, the German outdoor footwear brand Lowa and the Danish footwear brand Ecco are set to close their factories in Slovakia. This is a cause for concern for the country’s footwear industry
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