News
UK retail sales pick up in January
UK total retail sales rose by 2.7% in January, according to the BRC, surpassing the 12-month average of 2.3%. Post-Christmas discounts boosted spending on both food and in-store items
Crocs reports modest full-year revenue decline
The US-based casual footwear company reported a modest decline in full-year revenue in 2025. This reflects ongoing pressure on the HeyDude brand, while the core Crocs brand has remained stable
Saks Global to close nine stores as part of strategic store footprint optimisation
The group of high-end department stores said it would be closing eight Saks Fifth Avenue stores and one Neiman Marcus location as part of a broader plan to restructure and optimise its footprint
New EU regulations target destruction of unsold clothes and footwear
The European Commission has just adopted new measures under the Ecodesign for Sustainable Products Regulation (ESPR) to prevent the destruction of unsold apparel, clothing, accessories, and footwear
Caleres appoints first-ever head of New York Brands division
The US-based footwear company has appointed Kristen Sosa to the newly created position of Division President of Brand Portfolio – New York Brands, as it continues to strengthen its brand portfolio
Kering posts third straight year of falling sales
Kering has reported its third consecutive year of falling sales in 2025, with Gucci’s sales falling less than expected in the last quarter. A strategy outlining a return to growth is set to be presented in April
Crocs debuts new global campaign targeting younger consumers
Nearly 10 years after the last one, the casual footwear brand has launched a new global narrative. Wonderfully Unordinary is designed to reposition the brand, especially in the eyes of younger consumers
CEC welcomes technology centres as new associate members
The European Footwear Confederation (CEC) has introduced a new membership category to engage with stakeholders beyond national footwear associations. This new category will encompass technology centres
Amazon posts strong 2025 as it steps up AI spending
The Seattle-based e-commerce giant delivered robust fourth quarter and full year 2025 results, driven by double-digit revenue growth and accelerating AWS sales. For 2026, it plans to increase AI spending
Brooks Running delivers 16% revenue growth in full year 2025
The US-based running shoe company has ended the full year 2025 with a 16% year-on-year increase, extending its track record of growth to nine consecutive years
New Generation: Catarina Marques from Via Essenza
Catarina Marques, who has a degree in Arts and Design, created the Portuguese slow luxury brand Via Essenza following a 15-year period in LA after becoming a mother
Pieter Mulier appointed chief creative officer at Versace
Belgian fashion designer Pieter Mulier has been appointed as the new Chief Creative Officer at Versace, marking a turning point for the luxury brand following its acquisition by the Prada Group
Columbia Sportswear posts mixed fourth quarter results
The US-based outdoor company posted mixed results in the fourth quarter, with stronger demand outside the US offsetting continued weakness at home. Higher costs impacted profits
US and India reach deal to reduce tariffs to 18%
US President Donald Trump announced a trade deal with India, which will see tariffs on Indian goods cut from from 50% to 18%, linking the move to India halting Russian oil purchases and lowering trade barriers
Deckers’ momentum continues
The California-based company has reported another strong quarterly performance, fuelled by the success of its flagship brands, Ugg and Hoka. Its full-year outlook has been revised upwards
Capri Holdings reports third quarter results
The US-based group reported a year-on-year decline in revenue in the third quarter, alongside a increase in net income fuelled by balance sheet improvements. Underlying profitability remains under pressure
Genesco announces CFO transition
The US-based footwear company has announced that its current Chief Financial Officer, Sandra Harris, will leave the company on the 6th of March to pursue other opportunities
Dr. Martens releases third quarter trading update
The UK-based company has posted lower third-quarter revenue due to weaker demand in certain regions, but remains on track to deliver profit growth as it implements its strategic reset
H&M fourth quarter operating income rises as sales outlook softens
The Sweden-based fashion group reported an improvement in profitability in the fourth quarter. However, it warned of weaker sales at the start of the new year due to calendar effects and lower post-holiday demand
VF Corp reports modest growth in the third quarter as turnaround progresses
The US-based company has reported modest revenue growth in the third quarter, supported by improved performance in the Americas region and a return to growth in its direct-to-consumer channel
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