News
Yue Yuen profit rises by more than 40% in 2024
The Hong Kong-based group ended the year with a 3.7% increase in revenue and a significant 42.8% rise in profits over the previous year, driven by solid performances from its manufacturing businesses
Donatella Versace leaves the creative helm at Versace
Dario Vitale will be the new creative director of Versace from the 1st of April, the parent company Capri Holdings has announced. Donatella Versace has been appointed Chief Brand Ambassador
Genesco ends the financial year 2025 with a positive set of signs
The US-based footwear retailer has reported a solid fourth quarter, with improvements in sales and profitability. Genesco also highlighted the continued turnaround of the Journeys brand
Concerns over tariffs weigh on US retail spending
Despite growing year-over-year, US retail spending fell on a monthly basis in February amid concerns over tariffs, according to the CNBC/NRF Retail Monitor
Geox full year sales decline
The Italy-based footwear company, which is focused on a five-year business plan to increase sales to 850 million euros by 2029, reported a 7.8% year-on-year decline in full year sales
Görtz layoffs 93 employees
The German shoe retailer has announced 93 redundancies after the Federal Employment Agency rejected its application for pre-financing of insolvency benefits, affecting around 400 employees
Mango posts strong 2024 results
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
Matt Priest (FDRA) on Trump administration’s tariff policy: all of this has created a lot of uncertainty in our market
We bring you an interview with Matt Priest, CEO & President of the Footwear Distributors and Retailers of America (FDRA). The impact of the tariffs imposed on Mexico, Canada and China on US retailers, consumers and the country's economy dominated the conversation
Macy’s reports fourth quarter and fiscal 2024 results
The US-based department store chain has reported its fourth quarter and full year results, highlighting the success of its Bold New Chapter strategy in customer experience.
Swiss sportswear company On delivers strong 2024 results
The Swiss-based sportswear company delivered a strong 2024 performance, with double-digit net sales growth across channels, regions and product segments
Foot Locker makes profit in the fourth quarter despite lower sales
The US-based sports retailer returned to profit in the fourth quarter of 2024. However, the company’s total sales still fell by 5.8% as compared to the same period of the previous year
Benjamin Majster: Last Engineers supports brands to achieve their sustainability goals
We continued our conversation with Benjamin Majster, CEO of Last Engineers, about how the platform encourages collaborations between design and production teams, sustainability and the future prospects of the startup
Robust fourth quarter for Grendene
The Brazilian owner of the Melissa and Ipanema brands ended the year 2024 with a strong quarterly performance in terms of revenue, operating performance and profitability
Portuguese footwear industry bets on next-generation products
As part of the BioShoes4All project, a new range of products with greater durability and a lower environmental footprint is being finalised and is about to hit the market
Prada reports strong full year 2024 as it eyes Versace purchase
The Italy-based luxury group has reported a full year revenue growth of 17% over 2023, well-above market. The results came as talks of a takeover of Versace from Capri Holdings became public
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