News
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
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
Portuguese footwear takes centre stage at Willy Chavarria’s Paris runway show
Portuguese footwear took centre stage at Willy Chavarria’s latest show at Paris Fashion Week, thanks to a collaboration with two Portuguese leading brands, supported by APICCAPS
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
Aymod to open its doors in Istanbul next March
From the 25th to the 28th of March 2026, the Istanbul Expo Centre will host the Aymod International Footwear Fashion Fair, bringing together footwear companies, buyers, and industry professionals from around the world
EU and India conclude free trade agreement talks
India and the European Union have finalised a free trade agreement that will reduce tariffs on most goods. This is the largest deal of its kind ever concluded by either party
Next rescues British footwear brand Russell & Bromley
The UK-based fashion retailer acquired the Russell & Bromley brand out of administration for 3.8 million British pounds (4.4 million euros), retaining just three stores. This could put 440 jobs at risk
Ferragamo posts 2025 revenue decline despite fourth-quarter DTC rebound
The Italy-based luxury group saw its revenue decline in 2025. However, direct-to-consumer sales accelerated in the fourth quarter as a result of strategic initiatives in place since the second quarter
Anta Sports to acquire 29% stake in Puma
The China-based group has announced that it has entered into a purchase agreement with Groupe Artémis, the investment firm of the Pinault family, to acquire a 29.06% stake in Puma for 1.5 billion euros
Genesco plans to upgrade its information technology operations
The Nashville-based footwear company has announced plans to upgrade its IT operations as part of its long-term strategy to improve operational efficiencies across the business
LVMH posts resilient performance in 2025
Despite mixed regional performances and a slowdown in fashion and leather goods sales, the France-based luxury conglomerate has ended the year 2025 in a resilient position
Authentic closes Guess acquisition
Authentic Brands Group has completed the acquisition of a 51% stake in Guess’s intellectual property (IP), making Guess the second-largest brand in its portfolio after Reebok
Bottega Veneta CEO set to step down
Kering, the France-based luxury group that owns Bottega Veneta, has announced that the label’s Chief Executive Officer, Bartolomeo Rongone, will be leaving the group on the 31st of March
New footwear material trends revealed by industry survey
Industry experts point to sustainable natural fibres as the dominant footwear material trend for the next two years, a key insight from the World Footwear Business Conditions Survey conducted at the end of 2025
Luís Onofre launches shoe golf line
Portuguese footwear designer Luís Onofre has launched Clubhouse Heritage, a new line of golf shoes that combines tradition and refinement with a sporting spirit
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