News
Shoe Zone warns of full-year loss on weak demand and rising costs
The UK-based footwear retailer has warned that it expects a full-year loss, as weak demand and higher costs related to UK budget measures and geopolitical uncertainty continue to put pressure on trading
EU-Mercosur deal expected to boost Brazilian footwear exports
Optimism has been expressed by the Brazilian footwear industry regarding the potential impact of the provisional entry of the EU-Mercosur deal on the 1st of May, which is expected to provide a boost to the export sector
adidas off to a strong start in 2026
The Germany-based sportswear company has reported a strong start to 2026, with double-digit sales growth and increased profitability, driven by widespread demand for its products across markets
LAST CALL: Join the 14th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
Asos confirms sharp underlying profitability growth in the H1
The UK-based online fashion retailer reported a 51% increase in underlying profitability during the first half of the 2026 fiscal year. Declines in GMV and revenue were in line with expectations
Kizik launches its first running shoe
The US-based hands-free footwear company has launched the Freedom Run model. This marks a major expansion of the brand's proprietary hands-free technology into the performance running category
Lemon Jelly unveils first knit shoe
The Portuguese brand Lemon Jelly has just expanded its portfolio with the launch of the LJ GLYDE, its first knitted shoe designed for spring and an active lifestyle
New Circular Fibre Collective initiative aims to scale T2T recycling
A new cross-industry initiative has been launched by The Fashion Pact and Fashion for Good to speed up the use of recycled and next-generation textile-to-textile (T2T) fibres throughout the global fashion industry
SECOND CALL: Join the 14th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
Nike to cut 1,400 jobs in operations and technology
The US-based company plans to cut 1,400 roles in operations and technology under the next phase of its “Win Now” turnaround plan, as stated in an memo by COO Venkatesh Alagirisamy
Brazilian footwear industry outlook points to stability in 2026
The performance of the Brazilian footwear industry is expected to remain broadly stable in 2026, following a challenging start to the year marked by weak domestic consumption and falling export figures
Clarks returns to profit after a two-year downturn
The UK-based footwear company has bounced back to profitability in 2025 through strategic cost reductions, offsetting weaker consumer demand amid a more volatile retail backdrop
Ferragamo appoints Fabrizio Freda as Special Strategic Advisor
Ferragamo Finanziaria, the holding company of the Ferragamo family and the controlling shareholder of the luxury group, has appointed the former CEO of The Estée Lauder Companies as Special Strategic Advisor
Yue Yen signals steep first-quarter profit drop of up to 55%
The Hong Kong-based footwear manufacturer expects its first-quarter profit attributable to owners to fall 50-55% amid market headwinds, including fluctuating demand and reciprocal tariffs
ABF to separate Primark from food business by 2027
Following an in-depth review of the company’s structure, the board of Associated British Foods (ABF) has announced plans to separate the fashion retailer from its food business before the end of 2027
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