World Footwear

Highlights

Germany Retail: Footwear remains under pressure

Aug 11, 2026 Germany

The German footwear market is under increasing pressure due to declining sales, rising prices and weakening consumer confidence. While total retail and online sales have remained relatively resilient, footwear and leather goods have consistently underperformed. Meanwhile, retailers have become more cautious, as reflected in declining imports and weak retail confidence, which points to a challenging environment for the sector

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H&M warns of potential job cuts among UK support staff

Aug 12, 2026 United Kingdom

The Sweden-based fashion group has informed around 250 of its UK support office employees about a proposed reorganisation and consultation process that could lead to job losses