News
US Retail: Footwear remains under pressure as consumers turn to value
The US footwear market started 2026 under pressure. Footwear inflation accelerated beyond headline inflation, while sales lagged behind those in the wider retail and fashion sectors. Additionally, a rebound in imports in late spring contrasted with weakening consumer confidence. Together, these trends point to a market where rising prices, uneven demand and recovering supply are creating a more challenging environment, with consumers becoming increasingly selective and value-conscious
Nearly 190,000 German businesses closed in 2025
Nearly 190,000 businesses ceased operations in 2025, up by around 10% from the previous year and marking a significant increase for the second consecutive year, according to ZEW and Creditreform
Portuguese fashion takes centre stage at the United Nations
Representatives of the Portuguese fashion industry will present the sector at the United Nations headquarters on the 10th of September, during an event held alongside New York Fashion Week
CEC welcomes two new associate members
The European Footwear Confederation (CEC) has welcomed Trade Partners Sweden and the CAST Trade Platform for the Footwear, Sports & Fashion Industry in the Netherlands to its network
Genesco raises full-year earnings guidance
Despite lower sales, the US-based footwear retailer has raised its full-year earnings outlook thanks to improved profitability in the second quarter. It also noted a positive start to the third quarter, with growing momentum at Journeys
Mandatory footwear labelling deadline draws near in Brazil
Brazilian footwear manufacturers and importers are approaching a key compliance deadline. New mandatory footwear labelling requirements are set to take effect at the start of 2027
FSNYE cancels December event amid rising NYC hotel prices
The Footwear Show New York Expo (FSNYE) has cancelled its upcoming trade event, scheduled to take place from the 1st to the 3rd of December, due to significant hotel rate increases in New York City
Simac Tanning Tech gears up for September return
Simac Tanning Tech will return to Milan in September, bringing together 290 exhibitors and brands from over 20 countries to present more than 1,500 technological solutions for the footwear, leather goods and tanning industries
US footwear sales rise slightly in the first half
The US footwear market recorded a slight year-on-year increase in sales of 1% in the first half, according to Circana, as consumers remained selective in their discretionary spending
Nike appoints ex-Foot Locker Executive as COO
The US-based sportswear company has appointed former Foot Locker executive Kristin Bauer as Chief Operating Officer of its underperforming Converse brand
Twelve new emerging designers take the spotlight at MICAM Milano
The Emerging Designers initiative is returning to MICAM Milano this September, bringing together twelve international designers who have been selected for their creative approach to contemporary footwear
Aerosoles expands into new product categories
The American Exchange Group-owned footwear brand will launch men’s and children’s footwear and handbags in September. This will be one of the most significant category expansions in its nearly four-decade history
Dick’s Sporting Goods turns cautious amid challenging market conditions
The US-based sporting goods retailer has reported higher sales in the second quarter, but lowered part of its full-year guidance amid challenging market conditions and weaker performance at Foot Locker
Average worldwide footwear export price reached $11.65 per pair
JUST RELEASED: In 2025, rising export prices continue to underpin global footwear trade, as reveled by the new World Footwear Yearbook 2026 recently released by APICCAPS, the Portuguese Footwear Association
JD Sports cuts profit guidance amid tough market conditions
The UK-based sportswear retailer has cut its full-year profit guidance amid challenging market conditions, with North America recording the sharpest decline in second-quarter sales
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