News
Trump announces tariff deal with Japan
The US President announced a "massive" trade agreement with Japan, setting reciprocal tariffs of 15% on Japanese exports to the US. The deal includes auto tariffs at the same level
Inspiramais wraps up with an attendance of over 8 000 visitors
The last edition of Brazil’s leading trade fair for materials attracted a record 8 000-plus buyers and industry professionals from the footwear, apparel, furniture, automotive, décor and jewellery sectors
Coats Group acquires OrthoLite
The UK-based manufacturer of industrial threads for the apparel and footwear industries is set to acquire the insole manufacturer OrthoLite for an initial enterprise value of 770 million USD
Genesco and Wrangler sign a multiyear licensing agreement
Genesco and the denim and lifestyle brand have signed a multi-year licensing agreement, whereby the former will design, source, and market footwear under the Wrangler brand
AI's impact in the footwear industry
Artificial Intelligence seems destined to deeply change our lives, so we have asked our panel of experts about the expected impact of this tool in the footwear business. Get free access to the report with the main conclusions
Burberry sees a slower revenue drop in the first quarter
The UK-based luxury company reported a 6% decline in revenue in the first quarter of its current fiscal year, but highlighted improvements in comparable retail sales in all regions
AI takes centre stage at the upcoming UITIC Congress
Taking place in Shanghai, the upcoming UITIC Congress comprises a series of four thematic sessions that engage with the main topic of ‘competitiveness and sustainability in the era of artificial intelligence’
Netherlands Retail: mixed signs in the first half of the year
Despite a strong start to 2025, the Dutch retail sector has been experiencing some volatility. Sales in the footwear sector recorded significant fluctuations, reaching their lowest point in April with a decline of 7.5%, before recovering to a decline of 2.5% in May. Notably, the footwear sector experienced negative inflation in these months, meaning consumers paid less for footwear. However, imports to the Netherlands have increased in the first quarter, and Retail confidence remains above zero. Therefore, despite negative consumer confidence and a challenging macroeconomic backdrop, there may still be some hope for the rest of the year
Andy Polk from the Footwear Innovation Foundation: changing the industry from reactive to visionary
We spoke to Andy Polk, Executive Director of the Footwear Innovation Foundation and Vice President of the FDRA, to learn more about the newly established Foundation and its most recent initiative, the Footwear LaunchPad
Portuguese footwear industry gears up for defence investment
In light of the anticipated increase in defence spending by NATO countries, the Portuguese footwear industry is gearing up to increase its production of technical footwear
Barefoot European Shoe Fair makes its debut in Offenbach
Europe’s first barefoot footwear trade fair, from the 31st of July to the 3rd of August, will welcome international exhibitors, market research and interactive experiences in a growing market niche
Uniqlo parent company reports strong nine-month performance
The Japan-based fashion retailer Fast Retailing has reported a strong performance over the first nine months of its fiscal year, reiterating its outlook for the full year
Loro Piana placed under court administration in Italy over worker exploitation
The luxury cashmere label owned by LVMH has been placed under judicial administration for a year due to suspected worker exploitation and insufficient oversight within its supply chain
Allbirds signs three new distribution agreements
As part of its strategy to achieve long-term, scalable growth in overseas markets, the US-based footwear brand has signed three new distribution agreements covering several countries in the Eurasian region
US and Indonesia reach tariff deal
Both the US President Donald Trump and the Indonesian President Prabowo Subianto said that the tariffs faced by the Southeast Asian country would be reduced from 32% to 19%
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