World Footwear

United Kingdom

Burberry launches new strategic plan amid profit losses

Nov 26, 2024 / United Kingdom
The British luxury company announced first-half results for fiscal 2025. Declined revenue and profitability prompted a strategic reformulation to revitalise the brand and return to sustainable growth

Retail Flash: insights from key footwear markets

Premium ContentNov 19, 2024 / World
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

Asos eyes profit growth for fiscal 2025 despite revenue pressures

Nov 19, 2024 / United Kingdom
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

Kering and Centre for Sustainable Fashion launch new governance programme

Nov 13, 2024 / United Kingdom
Launched by Kering and the Center for Sustainable Fashion, “Governance for Tomorrow” is a three-year programme that aims to bring together experts from different sectors to develop alternative governance models in luxury fashion

Primark ends full year on growth path

Nov 6, 2024 / United Kingdom
Primark’s parent company reported solid results for its latest full year. Sales at the fashion retailer grew by 6% year-on-year, underpinned by solid performances in key growth markets

RM Williams targets the UK as part of global expansion

Nov 6, 2024 / United Kingdom
The Australian-based bootmaker plans to open new UK stores in the coming months. The company aims to use the country as a launchpad for its international growth strategy, while remaining true to its heritage

WoolOvers doubles down on British production for Hotter Shoes

Oct 31, 2024 / United Kingdom
WoolOvers plans to expand Hotter Shoes’ British manufacturing, improving customer satisfaction and supporting local jobs. Production target is one million pairs per year

Footasylum secures new bank funding to boost UK expansion

Oct 29, 2024 / United Kingdom
The new funding from HSBC UK will be used to expand stores, improve technology and support exclusive brands. The agreement encourages Footasylum to meet sustainability targets to decrease loan costs

New CEO at the helm of Coats Group

Oct 23, 2024 / United Kingdom
The UK-based industrial thread manufacturer for apparel and footwear has now a new Chief Executive Officer. David Paja took up the role this month, succeeding Rajiv Sharma

UK Retail: good signs for the run-up to Christmas

Premium ContentOct 22, 2024 / United Kingdom
The cold weather in July did not bring good news for the UK retail sector, but the following two months spiced things up again. Fashion retail sales appear to be back on track with the wider economy, as continued falling inflation has led to lower prices. Consumers are still reluctant to spend given the difficulties of recent years, but the challenge for retailers is now to keep up and not fall behind again in order to boost demand in the months leading to Christmas

A favourable September for UK retail

Oct 21, 2024 / United Kingdom
As inflation fell to its lowest level in three and a half years, UK retail sales rose by 3.6% year-on-year in value terms in September, according to the latest ONS figures

Kurt Geiger set for potential sale

Oct 14, 2024 / United Kingdom
With a potential 400 million British pounds price tag, the luxury footwear brand Kurt Geiger is in early talks with Alteri Investors and other bidders after posting record profits despite a challenging luxury market

Asos to cut 200 head office jobs in major restructuring

Oct 8, 2024 / United Kingdom
Struggling with post-pandemic challenges, the UK-based online fashion retailer plans to cut 200 head office roles as part of a restructuring process to streamline operations and drive innovation

JD Sports posts first half sales growth

Oct 4, 2024 / United Kingdom
The UK-based sports retailer has reported an organic sales growth of 6.4% in the first half of fiscal 2025, as compared to the same period of last year. Full year outlook remains unchanged

Dune Group founder to be a keynote speaker at the launch of Global Footwear Future Coalition

Oct 2, 2024 / United Kingdom
The Global Footwear Future Coalition, which aims to be a forum for the exchange of knowledge between industry stakeholders, will be launched on the 9th of October. Daniel Rubin, Founder and Executive Chairman of The Dune Group, will be the keynote speaker
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