Companies
Gerry Weber closes all its stores, sells trademark rights
The German fashion retailer is closing all its stores in Germany and Europe while selling its trademark rights to Spanish retailer Victrix. This follows its third insolvency in a few years
Optimistic outlook for the footwear industry’s business health
More than 55% of the respondents of the last edition of the World Footwear Business Conditions Survey are confident about the health of their businesses. The 12th edition of the World Footwear Business Conditions Survey results are now available
Eva Haak from AMI: Polymers in Footwear 2025 spotlights innovation and networking
We spoke to Eva Haak, Conference Production Manager at AMI’s Polymers in Footwear Conference. We learned more about this year’s event, which will happen in Portland on July 16th and 17th
Amazon reaches robot milestone, debuts new generative AI model
The US-based e-commerce giant has announced that it has deployed its one millionth robot and that its entire fleet will be powered by a newly launched generative AI model
Primark plans significant workforce cuts
The international retailer plans to reduce staff in key support functions, impacting about 7% of Dublin HQ jobs, as it restructures to maintain competitive pricing and invest in overseas markets
Trump's Tariffs Expected to Negatively Impact Footwear
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel about the expected impact of Trump's wave of tariffs in footwear. The expectations are not positive. Read it all by accessing the report with the main conclusions
Nike reports fourth-quarter and full year results
The US-based sportswear company saw declines in revenue for both the quarter and full year, but remains hopeful, repositioning through a sport-focused strategy to renew consumer connection
EU retreats from proposed Green Claims Directive
The European Commission has announced its intention to withdraw the EU Green Claims Directive, just days before the final negotiations between the European Parliament and the Council were set to begin
adidas names Markus Morent to lead Korean Market
The German sportswear company appoints Markus Morent as head of adidas Korea, signalling renewed focus on consumer experience and growth as the company posts strong early 2025 results
Footwear industry anticipates sales volumes will increase
More than 60% of the respondents of the last edition of the World Footwear Business Conditions Survey expect quantities of footwear traded in their country to increase over the next six months. The report with the main conclusions of the 12th edition of the survey is now available
H&M reports first half progress
Despite reporting only a slight increase in sales in the second quarter and the first half, Daniel Ervér (CEO) highlighted the progress that the Sweden-based fashion group is making towards achieving healthier profitability
Bata Group appoints Panos Mytaros as CEO
The Swiss-based footwear group has appointed the former CEO of Danish group Ecco, Panos Mytaros, as its new head. He will join in September, taking over from Sandeep Kataria
Havaianas with new distribution model in North America
Alpargatas has entered into a supply chain and distribution agreement with the Eastman Group for its flip-flop brand in North America. This marks a shift from a direct operations to a distributor model
Cost of raw materials continues to worry the footwear industry
Cost of merchandise or raw materials maintains its position as the top concern for the footwear industry, according to respondents of the 12th edition of the World Footwear Business Conditions Survey. Domestic market challenges have intensified
Portuguese group Kyaia launches new footwear brand
The Fred&Frederico brand, which was launched earlier this year and takes its inspiration from mountain sports, is a tribute to the founding family of the Kyaia Group-
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