JUST RELEASED: In 2025, global footwear production remained broadly unchanged, recording a marginal increase of 0.1% to a total of 24.6 billion pairs, according to data from the World Footwear Yearbook 2026 recently released by APICCAPS, the Portuguese Footwear Association   

The French luxury group saw a return to revenue growth in the second quarter, with Gucci and other luxury brands making sequential improvements. This suggests that Kering’s turnaround efforts are gaining traction   

The France-based luxury group posted a solid performance in the first half of the year, with sales growing across all markets except the Middle East   

The US-based company has raised its revenue guidance for the 2027 fiscal year after exceeding its own expectations in the first quarter. However, Vans remains a weak spot for the group   

This year’s ‘Knowledge Roadmap’ initiative, run by APICCAPS in schools with the aim of preparing future generations and attracting new talent, came to a close with an Industry Open Day