News
Tariff uncertainty and softer demand weigh on Yue Yuen’s first quarter
The Hong Kong-based group has reported lower revenue and profits in the first quarter of 2026 due to tariff uncertainty, weaker consumer demand and production disruptions
Ferragamo reports first-quarter sales drop
The Italy-based luxury group reported a slight decline in revenue in the first quarter of 2026. Growth in its direct-to-consumer channel helped offset ongoing weakness in wholesale amid a challenging global environment
FAIST Voices: meet Tecmacal
Part of the FAIST consortium, Tecmacal is developing new equipment solutions to improve automation, process control and added value in footwear manufacturing
Wolverine Worldwide posts strong first-quarter results
The US-based outdoor company has reported a double-digit revenue growth in the first quarter of the 2026 financial year, driven by strong performances from the Merrell and Saucony brands
Maud Rascle appointed Managing Director of CTC
Following a three-month transition period, Maud Rascle has been appointed as the new General Director of the French leather, footwear and leather goods technical centre
New Generation: meet Rafael Henriques, Lidarco
With experience in Management and Banking, Rafael Henriques represents the third generation leading Lidarco, a cutting and stitching company based in Oliveira de Azeméis
On reports strong first quarter
The Switzerland-based sportswear company has reported a strong start to 2026, driven by improved profitability and growth across all regions and channels
Under Armour posts wider full-year net loss
Despite an improved adjusted operating performance, the US-based sportswear company reported a wider full-year net loss in 2026 as restructuring and tax-related charges impacted results
WHP Global to acquire Marc Jacobs from LVMH
The France-based luxury conglomerate has reached a definitive agreement to sell Marc Jacobs to WHP Global, the parent company of Vera Wang, G-Star and Rag & Bone
Birkenstock reports revenue growth but profits come under pressure
Although profitability declined amid a challenging macroeconomic environment, the Germany-based footwear company reported revenue growth across all regions and sales channels
FAIST Voices: meet DCSI PRO
Part of the FAIST consortium, DCSI PRO is developing automation, robotics and digital solutions to support the technological transformation of footwear production
Genesco appoints Vice President and Chief Accounting Officer
Genesco has appointed Ashley Randolph as Vice President and Chief Accounting Officer. She has worked at the company for 20 years and was most recently Vice President and Corporate Controller
UK consumer sentiment experiences biggest quarterly fall since summer 2022
According to PwC’s latest Consumer Sentiment Survey, global geoppolitical events have dented consumer confidence, which has fallen to its lowest level since autumn 2023 and at the fastest quarterly rate since June 2022
MICAM reshapes layout for its 102nd edition
The September edition of MICAM Milano 102 will feature a reworked layout aimed at smoother circulation, with pavilions reorganised to make the visitor journey clearer across the show
Grendene reports soft first-quarter results
Despite higher sales volumes, the Brazilian company reported weaker revenue and margins in the first quarter as consumers shifted towards lower-priced products due to cautious spending
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