Highlights | | | | World UK Retail: the sector appears to be holding its own May 13, 2025 / United Kingdom The UK retail sector appears to be holding its own despite fears of increased costs as a result of the new Employment Rights Bill. In particular, retail sales of Textile, Clothing and Footwear (TCF) have risen back-to-back in the first quarter of the year, and the improvement in footwear inflation from negative to neutral in March may suggest a boost to demand. Although consumers aren’t exactly optimistic about the future, especially with new rising bills and the ongoing US trade war, retailers still have reasons to restock | | | | | | World US strikes deal with UK, cuts China tariffs for 90 days May 12, 2025 / United States The US will reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free. It will also lower tariffs on Chinese goods from 145% to 30% for 90 days. | | | | | | Events Bangladesh’s leather sector to focus on a visible, vocal and responsible strategy May 8, 2025 / Bangladesh “It’s our time to be visible, vocal and responsible” was the main outcome of a roundtable hosted by sector-focused knowledge platform Footwear Exchange to mark World Leather Day 2025 | | | | | | Companies Zalando reiterates full year guidance May 8, 2025 / Germany The fashion online retailer has reported a strong first quarter with growth in revenue and profits. As a result, it has confirmed its full year outlook despite the challenging macroeconomic environment | | | | | | Companies Portuguese footwear steps onto the MET Gala stage May 12, 2025 / Portugal Portuguese footwear made its debut at the MET Gala as musician Maluma and designer Willy Chavarria walked the world’s most famous red carpet in Carlos Santos shoes | | | | | | Companies Crocs withdraws full year outlook amid volatile macroeconomic environment May 9, 2025 / United States The US-based company, best known for its clogs, has reported “better-than-expected” fist quarter results. However, due to the current macroeconomic environment, it has decided to withdraw its full year outlook | | | | | | | Next Events | | | | | | May 13-May 15, 2025 | Gramado- Brazil | | | May 13-May 15, 2025 | Buenos Aires- Argentina | | | May 15-May 17, 2025 | Guangzhou- China | | | Know more | | More News | | | Companies | | May 7, 2025 | | | | Companies | | May 7, 2025 | | | Know more | |