News
Luca de Meo appointed Chief Executive Officer of Kering
The CEO of the automotive group Renault has been appointed to the role of Chief Executive Officer of the luxury group Kering, marking a change in the company’s governance
Prada acquires a 10% stake in the Rino Mastrotto leather group
The Italian luxury group will hand over two tanneries to Rino Mastrotto, as well as an unspecified cash investment. This will enable Prada to exert greater control over its production process
APICCAPS shares key takeaways on Portuguese footwear at Vogue Business event
A panel discussion co-hosted by Vogue Business and APICCAPS shed light on major changes in the global production landscape, encouraging brands to rethink their manufacturing strategies
Footwear prices to increase over the next six months
75% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The report with the results of the 12th edition of the survey is now available
US and China strike preliminary trade deal
The United States and China have reached a framework agreement on a trade deal that eases global trade tensions. However, the final terms have yet to be formally agreed upon by both governments
British consumers cut back on non-essential spending
According to the British Retail Consortium (BRC), May recorded the slowest growth in retail sales in 2025, as fashion and full price big-ticket items suffered from lower consumer confidence
Climbing the ladder from manufacturing to launching a brand: how can technology help?
JUST RELEASED! The latest World Footwear Innovation Paper explains how footwear manufacturers can use available technology to launch their own brands, and outlines other important considerations in the process
Inditex reports slower growth in the first quarter
The Spain-based fashion retailer saw a 1.5% year-on-year increase in sales in the first quarter of 2025. However, these figures fell short of expectations, highlighting a more challenging economic environment
EU Commission targets Shein over consumer protection concerns
The European Union Commission has urged Shein to comply with EU consumer protection laws, warning that the fast-fashion retailer could face fines if it fails to address the concerns that have been raised
Brazilian footwear production expected to grow by between 1.4% and 2.2% in 2025
Brazilian footwear production is expected to grow by between 1.4% and 2.2% in 2025, says Abicalçados, driven primarily by the domestic market. Still, the current global economy may favour exports
Designer Brands posts weak first quarter, withdraws full year outlook
The Ohio-based company has posted weak results in the first quarter. Due to ongoing instability and pressure on consumer discretionary spending, it has also withdrawn its full year outlook
Nike appoints new Chief Innovation Officer
Following John Hoke’s announcement of his retirement, the US-based sportswear company promoted Tony Bignell, Vice President of running footwear, to Chief Innovation Officer
Dr. Martens unveils a new strategy aimed at returning to growth in FY26
Having delivered on its full year 2025 objectives, the footwear company has launched the Levers For Growth strategy, with the aim of returning to growth over the current fiscal year
New Generation: Inês Ferreira from Paradigma
Inês Ferreira, who has a degree in Management from Católica Porto Business School, is the second generation to lead the Paradigma company
Shoe Carnival names Kerry Jackson to lead New Business Development
The US-based footwear retailer has announced the return of industry veteran Kerry Jackson to the newly created role of Senior Vice President of New Business Development
Genesco posts a better-than-expected first quarter
The US-based footwear company posted better-than-expected results in the first quarter, with sales growing and the operating loss narrowing as compared to the same period last year
French footwear exports decline, while imports remain flat
According to the Alliance France de Cuir, exports of French footwear decreased by 4% year-on-year to 1.32 billion euros in the first quarter, while imports remained flat at 2.09 billion euros
Expo Riva Schuh and Gardabags to address current challenges facing the footwear and accessories market
The event will address challenges such as tariff uncertainty, supply chain fragmentation, and shifting economic geographies in order to help brands and companies navigate the international landscape
Golden Goose reports double-digit growth in the first quarter
The Italy-based luxury sneaker company reported double-digit growth in the first quarter of the year, driven by the successful performance of the DTC channel across all regions
Pampili to boost expansion with a focus on innovation
The Brazilian children’s footwear manufacturer is accelerating its expansion in 2025 with an investment of 10 million Brazilian reais (approximately 1.77 million USD) in technology and innovation development
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