News
Asia accounts for 56% of global footwear consumption
JUST RELEASED: The geography of footwear consumption is evolving, with Asia consolidating its dominance. Check all details in the new World Footwear Yearbook 2026 recently released by APICCAPS, the Portuguese Footwear Association
Shoe Station Group appoints Tracy Dick as Chief Marketing Officer
The US-based footwear retailer has appointed Tracy Dick as its new Chief Marketing Officer. She will be responsible for driving growth and engagement across Shoe Carnival and Shoe Station
Alpargatas maintains growth in the second quarter
The Brazil-based company that owns Havaianas has reported double-digit sales growth and a significant increase in profitability in the second quarter of the year
Grendene reports lower revenue and profitability in the second quarter
The Brazilian footwear manufacturer has reported a lower revenue and profitability in the second quarter, as challenging consumer conditions took their toll on its domestic business
Frasers Group acquires Harvey Nichols
Frasers Group has officially acquired the UK-based loss-making luxury department store chain Harvey Nichols out of administration, gaining control from businessman Dickson Poon
Zalando maintains growth, narrows full-year outlook
The Germany-based online retailer continued to grow in the second quarter of 2026, supported by its multi-app strategy, B2B expansion and the integration of About You, while tempering its full-year expectations
Capri Holdings lowers full-year revenue outlook
The US-based luxury group has lowered its revenue outlook for the 2027 financial year, citing inventory delays at Michael Kors, weaker trends in the EMEA region, and unfavourable foreign exchange rates
H&M warns of potential job cuts among UK support staff
The Sweden-based fashion group has informed around 250 of its UK support office employees about a proposed reorganisation and consultation process that could lead to job losses
Germany Retail: Footwear remains under pressure
The German footwear market is under increasing pressure due to declining sales, rising prices and weakening consumer confidence. While total retail and online sales have remained relatively resilient, footwear and leather goods have consistently underperformed. Meanwhile, retailers have become more cautious, as reflected in declining imports and weak retail confidence, which points to a challenging environment for the sector
Genesco announces retirement of Chief Strategy and Digital Officer
The US-based footwear retailer has announced the retirement of Parag D. Desai, Senior Vice President and Chief Strategy and Digital Officer, after more than a decade with the company
New Generation: João Mendes, ISI Soles
João Mendes, a Management Information Systems graduate from the University of Coimbra, is part of the second generation at ISI Soles, a company that specialises in producing components for the footwear industry
Ferragamo returns to profit
The Italy-based luxury group has returned to profitability in the first half of 2026, supported by an improved operational performance and stronger direct-to-consumer net sales
Expo Detalles Perú 2026 to hold its 15th edition
The trade fair specialising in materials, machinery and technology for the footwear industry is taking place from the 12th to the 14th of August at the Jockey Plaza Convention Centre in Lima
Steve Madden lifts fiscal 2026 outlook again after strong second quarter
The US-based designer and marketer of footwear and accessories has reported strong second-quarter results, raising its fiscal 2026 outlook for the second consecutive quarter
Geox improves profitability despite first-half sales decline
The Italy-based company has reported sales of 270.4 million euros in the first half of 2026, a decrease of 11.4% year-on-year, while adjusted EBIT increased to 5.6 million euros from 0.6 million euros
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