World Footwear

Fashion

Spain Retail: a case for optimism

Premium ContentApr 22, 2025 / Spain
Despite a decline in fashion sales in January, February bucked the trend, and the data points to a stable performance for the sector in 2025, with online taking the lead. Although the deflation in the apparel and footwear sectors is not good news, retailers in general remain optimistic about the future - as shown by the import data - supported by the economic growth the country has experienced and is expected to continue to experience

New fashion chapter in Düsseldorf with TWODAYS

Apr 11, 2025 / Germany
Set to debut alongside Düsseldorf Fashion Days, TWODAYS introduces a compact and refreshed approach centred on concentration, quality and relevance—paired with Neonyt’s sustainable fashion platform

Primark CEO resigns amid allegations of misconduct

Apr 10, 2025 / United Kingdom
Associated British Foods (ABF) has announced that Paul Marchant has resigned as CEO of Primark amid allegations of misconduct. He will be replaced on an interim basis by Eoin Tonge, ABF’s finance director

Gerry Weber goes bankrupt again

Apr 9, 2025 / Germany
After its German parent company was declared insolvent, the Dutch branch of women’s fashion chain Gerry Weber has filed for suspension of payments. This is the third bankruptcy in six years

Financial head of Capri Holdings to join Macy’s

Apr 3, 2025 / United States
The US department store chain has shuffled its executive team to drive its Bold New Chapter strategy. In particular, Thomas J. Edwards will become chief operating officer and chief financial officer

H&M posts weaker-than-expected first quarter

Apr 3, 2025 / Sweden
The Sweden-based fashion group has posted weaker-than-expected first quarter results, but remains optimistic about the future as it continues to focus on long-term profitable growth

Shein confirms IPO plans

Mar 20, 2025 / Singapore
The Singapore-based fast-fashion giant has confirmed it will press ahead with its IPO plans amid potential tariffs and an uncertain economic environment. London listing in the spotlight

Inditex reports strong full year results

Mar 17, 2025 / Spain
The Spain-based fashion group, which owns Zara and Massimo Dutti, among others, has reported a strong performance for the fiscal year 2024, with both sales and profits up year-on-year

Mango posts strong 2024 results

Mar 12, 2025 / Spain
The Spain-based fashion retailer has posted strong results for fiscal 2024, with turnover up by 7.6% and net profit up by 17% as compared to the previous year

Shein seeks to reassure investors amid US policy changes

Feb 28, 2025 / United States
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule

Zalando and Diane von Furstenberg announce exclusive partnership

Feb 26, 2025 / Germany
The Germany-based online multi-brand retailer has become the exclusive retail partner for the Belgian fashion designer Diane von Furstenberg (DVF) in Europe

Caleres partners up with Favorite Daughter

Feb 25, 2025 / United States
The US-based footwear company has signed an exclusive licensing agreement to launch the first line of Favorite Daughter shoes, starting with the Fall 2025 season

Fashion and footwear exports from Uruguay end 2024 with a positive balance

Feb 14, 2025 / Uruguay
After a rocky start to 2024, Uruguay’s fashion and footwear sales grew by 4% throughout the year, according to Uruguay XXI

Japan Retail: no concrete forecasts as the country adjusts to a new economic paradigm

Premium ContentFeb 11, 2025 / Japan
While the online channel continues to stand out in a retail market that has seen a slight increase in spending since September 2024, the fashion sector has struggled the most, most likely due to the warm weather that has affected seasonal shopping. For footwear in particular, after a year of low prices, there’s reason to wonder if the picture of near-zero interest rates could hurt consumer behaviour, as their confidence wanes. The overall stability of imports, despite currency fluctuations, doesn't allow for a concrete forecast

Mango to open 20 new UK stores in 2025

Feb 7, 2025 / Spain
The Spain-based fashion group continues to expand its presence in the UK. As part of its 4E 2024-2026 Strategic Plan, 20 new store openings are planned for 2025
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