News
Designer Brands announces CFO transition
Mark Haley, the company’s Senior Vice President, Controller and Principal Accounting Officer, has been named Interim Principal Financial Officer following the resignation of CFO Jared Poff
UK: Budget anxiety dampens retail spending and footfall
Retail activity in the UK is showing signs of slowing down, with consumer caution ahead of the Autumn Budget dampening spending and footfall in major shopping areas
Los Angeles project turns old shoes into new opportunities for sustainability
The Footwear Collective has partnered with Goodwill SoCal to collect and recycle used shoes. Consumers are invited to donate shoes of any brand or condition as part of this major initiative
European business associations urge EU-Mercosur ratification amid debate
Twenty-six European business associations, including CEC, representing a variety of industries, are calling for the swift ratification of the EU-Mercosur agreement, as the bill has now entered the European Parliament
Global footwear trade: China loses ground, US imports rise in value
Year-to-date Chinese footwear exports are down, while Vietnam and Indonesia have grown. EU exports increased modestly, with Portugal performing better than Spain and Italy. US imports increased in value, suggesting that footwear is more expensive
AAFA promotes Nate Herman to Executive Vice President
The American Apparel & Footwear Association (AAFA) has promoted Nate Herman to the position of Executive Vice President. He has previously served as Senior Vice President of Policy
Fashion falters as LVMH returns to growth in the third quarter
The France-based luxury group reported 1% year-on-year growth in the third quarter, with improvements across all business segments. However, the fashion & leather goods segment continues to falter
Vapesol to invest 1.5 million euros in a production facility for SBR rubber soles
An investment of 1.5 million euros in the creation of a production facility will enable the Portuguese manufacturer of footwear soles to produce 5,000 pairs of SBR rubber soles per day
Netherlands Retail: the footwear sector holds up amid volatility
The Dutch footwear retail sector has held up against volatility, achieving a 0.7% increase in sales in the first eight months of 2025, as compared to the same period of the previous year. This outpaces growth in the overall retail market. Despite highly variable monthly sales, ranging from a high of 11% to a low of 7.7%, this modest growth trajectory appears to be supported by a surge in retail confidence, which aligns with positive import data. Although still negative, consumer sentiment is slightly more optimistic
Join the 13th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
Trump floats new tariff threats amid US-China friction
An additional 100% tariff on goods from China was announced to be imposed by US President Donald Trump, as a reaction to China’s move to expand its rare earth element export controls
Uniqlo parent company posts robust full year 2025
The Japan-based fashion retailer Fast Retailing ended the 2025 financial year in a strong position, reporting a 9.6% year-on-year increase in revenue and a 13.6% year-on-year increase in business profit
US: price sensitivity dampens holidays shoe shopping outlook
Although Deloitte is forecasting an increase in holiday retail sales of between 2.9% and 3.4% this year, the rise in shoe prices is expected to slow footwear spending
Genesco establishes global retail organisation to strengthen consumer focus
The Nashville-based footwear group has brought together Journeys, Schuh and Little Burgundy in order to strengthen its market positioning and maximise opportunities, with a focus on consumers
French shoe brand Minelli placed into receivership
Minelli, the French shoe brand that went into receivership in 2023 before being bought the following year, has recently entered a new protection procedure, according to media reports
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