News
Global Footwear Exports Increase in 2024 and China Continues to Lose Share
This is one of the main conclusions of the data published in the World Footwear Yearbook 2025, recently released by APICCAPS, the Portuguese Footwear Association
Ferragamo launches action plan amid worsening performance
Ferragamo has reported a weak first half due to a tough consumer environment and difficult wholesale conditions. In response, it has devised an action plan focusing on products, communication and distribution
Amazon delivers strong second quarter results
The Seattle-based e-commerce giant has delivered strong second quarter results as it continues to invest in artificial intelligence to improve customer experience across segments
US-China tariff truce extended by 90 days
US President Donald Trump has signed an executive order delaying the introduction of higher tariffs on Chinese goods by a further 90 days, while negotiations between the two countries continue
VF Corp posts first quarter results above guidance
The parent company of the brands The North Face, Vans and Timberland has reported first quarter revenue and profitability that exceed its own guidance as it continues to pursue its transformation strategy
US tariffs policies weigh on Steve Madden’s second quarter performance
The US-based footwear, accessories and apparel company has reported a 6.8% year-on-year revenue growth in the second quarter. However, the shift in US tariff policies has impacted its profitability
Gradual Growth in Asian Footwear Consumption Endures
This is one of the key findings of the data published in the World Footwear Yearbook 2025, just released by APICCAPS, the Portuguese Footwear Association. Get access to your copy today
Portuguese Josefinas celebrates 12 years of female luxury and empowerment
Josefinas, the Portuguese women’s footwear brand that has established itself in the world of luxury as a symbol of female empowerment, is celebrating its 12th anniversary
UK Retail: signs of a slowdown are emerging
After a promising start to the year, the UK retail sector is now showing signs of slowing down. Textile, clothing and footwear (TCF) sales, which had recorded consistent year-on-year growth in the first months of 2025, have now begun to decline, reflecting a general downturn in retail performance. Online sales have been highly volatile, with TCF categories being particularly sensitive to changes in consumer sentiment. Meanwhile, rising inflation and weakening consumer confidence are putting downward pressure on spending, and the decline in sales suggests that imports may follow this trend
Offenbach hosts successful Barefoot Shoe Fair launch
Exhibitors and attendees praised Barefoot European Shoe Fair for its vibrant atmosphere, diverse product offerings and growing consumer interest, signalling a shift from niche to mainstream appeal
Germany Retail: cautious forecasts reign amid uncertainty
Although the retail sector has shown modest year-on-year growth overall, the footwear segment continues to struggle. Meanwhile, online sales have recorded double-digit increases since September 2024. The truth is that despite signs of easing inflation and seasonal discount campaigns, both retailers and consumers remain cautious amid geopolitical tensions and economic uncertainty. The rebound seen earlier in the year has given way to cautious forecasts, particularly in light of the sharp downturn in footwear imports and the potential ramifications of shifting trade policies
Prada reports solid first half amid challenging backdrop
The Italy-based luxury group has posted a solid performance in the first half of the year. The Prada brand proved resilient during this period, while Miu Miu continued its accelerated growth trajectory
Hermès maintains growth trajectory
Building on its performance in the first quarter, the France-based luxury group has reported continued growth in the first half of the year, driven by increased year-on-year sales across all regions
Kizik files patent infringement lawsuit against Skechers
HandsFree Lab, the parent company of Kizik, has filed a patent infringement lawsuit against Skechers regarding the Hands Free Slip-ins line. The California-based company intends to “aggressively challenge” the allegations
EU footwear industry may gain from Trump’s tariffs
Countries such as Portugal and Spain could benefit from Trump’s latest tariff policies, as the EU is the least penalised region, with tariffs of only 15%, which do not accumulate with historical tariffs
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