News
Global footwear production holds steady in 2025
JUST RELEASED: In 2025, global footwear production remained virtually unchanged, recording a marginal increase of 0.1% to a total of 24.6 billion pairs, according to data from the World Footwear Yearbook 2026 recently released by APICCAPS, the Portuguese Footwear Association. This follows a revised estimate for the production figures in 2024, which now indicates a robust growth of nearly 10% for that year. While international trade volume saw a slight dip of 0.1%, the total value of exports rose by 1.6%, reaching 172 billion dollars
VF Corp raises full-year revenue guidance despite continued Vans weakness
The US-based company has raised its revenue guidance for the 2027 fiscal year after exceeding its own expectations in the first quarter. However, Vans remains a weak spot for the group
Birkenstock opens first community workshop store in China
The Germany-based footwear company has opened its first community workshop store in China. Located at HKRI Taikoo Hui in Shanghai, it is part of the company’s retail expansion in the country
Hermès posts solid first-half performance
The France-based luxury group posted a solid performance in the first half of the year, with sales growing across all markets except the Middle East
Genesco announces leadership transition at Schuh
The US-based footwear retailer Genesco has appointed Tomas Petersson as president of its UK business, Schuh. He replaces Colin Temple, who is retiring after 38 years with the company
Kering returns to growth
The French luxury group saw a return to revenue growth in the second quarter, with Gucci and other luxury brands making sequential improvements. This suggests that Kering’s turnaround efforts are gaining traction
Deckers delivers record first-quarter revenue
The California-based company reported a record revenue figure in the first quarter, surpassing 1 billion US dollars for the first time, thanks to continued sales growth driven by Hoka and UGG
BAREFooT European Shoe Fair to become biannual
Following the success of the second edition, which attracted over 100 exhibitors from 26 countries, the BAREFooT European Shoe Fair will be held twice a year, beginning in 2027
LVMH reports accelerating sales growth in the second quarter
Despite geopolitical and economic headwinds, including tensions in the Middle East, the France-based luxury group reported a solid first-half performance, with sales growth accelerating in the second quarter
Spain Retail: Fashion recovers amid mixed market signs
Spanish retail has remained resilient over the past year, supported by sustained growth in online sales. Meanwhile, the fashion sector recovered in early 2026 following a weaker performance in 2025. However, rising prices, weakening consumer and retail confidence, and lower footwear imports suggest that the improvement in turnover this year reflects a mixed market environment rather than an overall strengthening in demand
Foot Locker teams up with Uber Eats
Shoppers buying footwear at Foot Locker or Champs Sports can have their purchases delivered on-demand or scheduled in time, with over 1,000 stores available through the Uber Eats app
BioShoes4All sets new benchmark for sustainable footwear innovation
The Portuguese footwear industry presented the final results of the BioShoes4All project, marking the conclusion of the sector’s largest collaborative project to date in the fields of bioeconomy, sustainability, and industrial innovation
Puma announces two senior leadership appointments
The sportswear company has announced two appointments to its senior leadership team, naming Dusan Hamlin as Vice President of E-Commerce and Marcia dos Santos as Vice President of the Core Business Unit
US imposes additional 50% tariffs on selected Canadian imports
The United States has announced an additional 50% tariff on selected Canadian imports worth almost 20 billion US dollars. The new tariffs are set to take effect on the 19th of August
US introduces new tariffs on imports from 60 trading partners
New tariffs of 10% to 12.5% have been introduced by the Trump administration on imports from 60 trading partners under Section 301 of the Trade Act of 1974, replacing temporary duties that expired on 24 July
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