News
Simac Tanning Tech and Linneapelle attract over 9,000 visitors
With exhibitors from nearly 20 countries, the Italian fairs provided a platform for industry dialogue and showcased Italian resilience in a sector facing export declines and shifting global dynamics
Nike sees modest revenue growth but profits drop
The sportswear company has reported a modest year-on-year revenue growth of 1% in the first quarter, but a 31% year-on-year drop in profits, as it navigates lower margins and ongoing challenges in key markets
Kerry Jackson appointed Chief Financial Officer of Shoe Carnival
Shoe Carnival has announced that Kerry Jackson will resume the position of CFO, a role he has held for almost 30 years. This comes at a time when the company is looking to expand its Shoe Station banner
Armani’s will instructs heirs to sell or take brand public
In his will, the late designer Giorgio Armani instructed his heirs to gradually sell the fashion house he founded 50 years ago or seek a market listing. Priority is to be given to LVMH, EssilorLuxottica or L’Oréal
Brazil introduces mandatory footwear labelling to combat counterfeiting
The new regulation requires footwear manufacturers and importers to provide detailed product information. This is intended to protect consumers and strengthen the legitimate market
ACLE highlights innovation and resilience amid global pressures
The Shanghai trade fair welcomed thousands of professionals, with global trade links and emerging markets offering prospects for the leather sector. The next edition is set to occur in September 2026
Portuguese Shoes debuts at London Fashion Week
British designer Annie Purdy, winner of the Portuguese Footwear Award, developed her debut collection in Portugal, unveiling it at the Portuguese Embassy in London during London Fashion Week
Birkenstock raises full year revenue outlook
The Germany-based footwear company expects a year-on-year increase of 15.9%, or 17.5% on a constant currency basis, ahead of its previous guidance of 15% to 17%
CLIA President points to AI and sustainability as footwear industry drivers
In his speech at the last UITIC Congress, CLIA President Li Yuzhong emphasised the importance of AI and sustainability in reshaping the global footwear industry, presenting China as a key partner
Terry Boyle from Trove: resale as an integrated revenue channel for footwear
As the resale economy continues to gain momentum, brands are increasingly exploring in-house recommerce channels. In this first part of his interview, Terry Boyle, CEO at Trove, shared his view on how footwear businesses can integrate and benefit from resale channels
H&M posts 40% rise in third quarter operating profit
The Sweden-based fashion group reported a 40% rise in operating profit as a result of an improved customer offering, improved gross margins and effective cost management
Japan Retail: mixed signs for the footwear sector
Sales of apparel and footwear remain sluggish, with monthly declines compared to 2024. However, while clothing prices in Japan have outpaced general inflation (which is higher than usual for the country’s economy), footwear inflation has remained relatively stable, hovering just above the Bank of Japan’s 2% target. This suggests that, while households are reducing discretionary spending, footwear is less susceptible to price volatility. Nevertheless, rising import costs and exchange rate fluctuations could alter this situation
Acquisitions drive JD Sports half year growth
The UK-based sportswear retailer has reported strong sales growth in the first half of its fiscal year, driven mainly by its Hibbett and Courir acquisitions in the previous fiscal year
Geox to implement restructuring plan that could affect up to 115 jobs
The Italy-based group Geox has announced a restructuring plan that could result in the loss of up to 115 jobs. These measures form part of the implementation of its Industrial Plan
All eyes on Simac Tanning Tech
The leading footwear and leather technology fair, Simac Tanning Tech, is now underway in Milan. Highlights of the agenda include sessions on artificial intelligence, digitalisation and sustainability
CEC calls for stronger EU rules to ensure safe and fair e-commerce
The European Footwear Confederation (CEC) has joined forces with 64 NGOs and industry, retail and consumer organisations to urge the EU to address loopholes in online marketplace trade and protect consumers
UITIC 2025 Congress in Shanghai showcased the latest advances in the footwear industry
The last edition of the UITIC Congress took place in Shanghai from the 31st of August to the 3rd of September, combining factory visits with presentations on the latest advances in the footwear industry. President Sergio Dulio closed the event, highlighting the main conclusions of another successful UITIC Congress
Newsweek and Time Magazines rank Skechers as a top company
The US-based footwear company has received Newsweek’s ‘America’s Best of the Best 2025’ award and has appeared on Time’s ‘World’s Best Companies 2025’ list for the second year in a row
Saudi Lifestyle Week debuts in Riyadh
The inaugural fair brings together global brands and local talent, reflecting the Kingdom’s Vision 2030 ambition to diversify its economy and create new opportunities for lifestyle industries
Ferragamo CFO La Tour exits the company
The Italy-based group has announced the departure of its CFO, Pierre La Tour. He will be succeeded on an interim basis by Paolo La Morgia, the group’s current Planning and Control Director
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