News
EU-Mercosur FTA: 78 business organisations call for swift conclusion
CEC and 77 other business organisations from the European Union (EU) and Mercosur are urging their governments to rapidly conclude negotiations on a free trade agreement between the two blocs
US Consumer Confidence recovers in October
October marked broad improvements in consumer sentiment across age and income groups, with expectations for economic growth exceeding thresholds that typically signal recession concerns
Grendene posts strong nine-month performance
Despite a challenging macroeconomic environment, the Brazilian footwear company, owner of the Melissa and Ipanema brands, has posted a strong performance in the first nine months of the year
Yue Yuen reports revenue growth in the first nine months of 2024
Despite challenges in retail sales and market uncertainties, the Hong Kong-based group reported revenue growth and improved profitability, driven by manufacturing demand and operational improvements
Ross Stores announces Jim Conroy as its new Chief Executive Officer
James Conroy, a seasoned retail executive, will assume the CEO role at Ross Stores on the 2nd of February 2025. The current CEO, Barbara Rentler, will transition to an advisory role until March 2027
Expo Riva Schuh & Gardabags: A Trend Hub for 2025
Expo Riva Schuh & Gardabags, to be held in Riva del Garda from the 11th to the 14th of January 2025, will be a key event for buyers of footwear and accessories to prepare for 2025
Swiss brand On reports better-than-expected third quarter results
The sportswear company has reported record third quarter results, driven by a net sales increase of 33.2% on a constant currency basis year-over-year. On has now adjusted its full year guidance
FDRA calls for tariff reform following US election
FDRA President Matt Priest seeks to dialogue with the Trump administration to address tariffs on footwear goods, aiming to reduce household expenses and protect over 300,000 jobs in all 50 US states
OrthoLite strengthens global operations with new hires
The US-based insole manufacturer has appointed Raj Santhana as its new vice president of operational excellence and promoted Shaw Kiat Phua to vice president of global foaming
Retail Flash: insights from key footwear markets
Explore the main retail trends in France, Germany, Japan, the UK, the US and Spain from our Retail Flash reports, highlighting a mix of recovery, persistent challenges and cautious optimism in global markets. In particular, while France and Germany continue to struggle, the US and Spain show signs of retail optimism
SECOND CALL! Join the 11th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
Asos eyes profit growth for fiscal 2025 despite revenue pressures
The UK-based company reported a 16% decrease in like-for-like sales in fiscal 2024, partially offset by improved operational efficiencies. Asos remains optimistic for the next fiscal year, anticipating higher margins
Giovanna Ceolini elected as the new President of the Confindustria Accessori Moda
Confindustria Accessori Moda, the federation of the Italian footwear, leather goods, fur and tanning sectors, has elected Giovanna Ceolini as its new President
Steve Madden to cut on sourcing goods from China for fear of Trump’s tariffs
The US company is accelerating its plans to move production out of China after Trump’s victory in the country's presidential election increased the likelihood of higher tariffs on imported goods
Comfort is key to buying shoes in Portugal
Comfort is a key factor in the purchase decision of Portuguese consumers, followed by a preference for national products, according to a LIPOR study on footwear consumer behaviour
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