News
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
Steve Madden posts revenue growth
The US-based footwear, accessories and apparel designer has posted 13.0% year-over-year revenue growth in the third quarter, with a strong contribution from the newly acquired Almost Famous business
EU Parliament postpones implementation of deforestation regulation
The EU has granted a one-year extension for the EUDR implementation amid concerns from stakeholders. The regulation’s country risk classification will now include a “no-risk” category, easing requirements for selected regions
Tapestry and Capri Holdings call off merger plans
The two companies have agreed to call off their merger plans after a US court blocked the deal last October, ending their efforts to create a US luxury giant capable of competing with major European players
Allbirds reports third quarter sales drop and adjusts full year outlook
The US company has lowered its full year sales guidance due to a sharp decline in revenue in the third quarter. This also reflects the expected impact of store closures and international distribution transitions
Tapestry raises full year outlook
The US-based luxury group, which owns Coach, Kate Spade and Stuart Weitzman, has raised its guidance for the full year 2025, after reporting a better-than-expected first quarter performance
Capri Holdings falls sharply as hopes of Tapestry merger fade
The US-based luxury group has reported another weak quarterly performance amid weak global demand for luxury goods. Versace suffered the biggest fall, while Jimmy Choo returned to green
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