News
France Retail: watch out for the snowball effect
Both the footwear and the retail sector as a whole have failed to start the year on a strong footing, according to sales data. Consumers, who seemed to start the year in a more positive mood, took a step back in March and remain pessimistic about the French economy. Import data also suggest that retail confidence is in free fall. All in all, the risk of a snowball effect in the French retail sector cannot be dismissed.
New fashion chapter in Düsseldorf with TWODAYS
Set to debut alongside Düsseldorf Fashion Days, TWODAYS introduces a compact and refreshed approach centred on concentration, quality and relevance—paired with Neonyt’s sustainable fashion platform
Primark CEO resigns amid allegations of misconduct
Associated British Foods (ABF) has announced that Paul Marchant has resigned as CEO of Primark amid allegations of misconduct. He will be replaced on an interim basis by Eoin Tonge, ABF’s finance director
JD Sports cautious on tariff impact as it announces fourth quarter and full year update
The UK-based sportswear retailer has reported a solid fourth quarter and full year performance in its latest trading update. However, it is cautious about the actual impact of tariffs in the current year
Trump suspends tariff hikes for 90 days, but escalates trade war with China
On Wednesday, US President Donald Trump announced a 90-day pause on all “reciprocal” tariffs, with the exception of China. Tariffs on Chinese goods will rise to 125%
Gerry Weber goes bankrupt again
After its German parent company was declared insolvent, the Dutch branch of women’s fashion chain Gerry Weber has filed for suspension of payments. This is the third bankruptcy in six years
New CEOs at Fendi, Kenzo and Louis Vuitton China
The France-based luxury conglomerate LVMH has appointed Ramon Ros as CEO of Fendi, Charlotte Coupé as CEO of Kenzo and Daniel DiCicco as regional president of Louis Vuitton for mainland China
China retaliates with an additional 50% as the US raises tariffs on Chinese goods to 104%
The trade war between China and the US has escalated after Donald Trump’s move to impose 104% tariffs on Chinese goods. Beijing has retaliated with an additional 50%, bringing the total tariff to 84%
Maria José Ferreira from CTCP : BioShoes4All aims to position Portugal to lead in the development of sustainable solutions
We spoke to Maria José Ferreira, Director of Research at CTCP and Coordinator of the BioShoes4All project. We discussed some of the current environmental issues affecting the footwear industry and how Portugal is positioning itself to address these sustainability challenges
SECOND CALL: Join the 12th 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!
On moves to single CEO structure
Co-CEO and CFO Martin Hoffmann will assume the sole role of CEO. After 12 years of leadership, the current Co-CEO Marc Maurer has decided to leave On to pursue another opportunity
US-China tensions escalate over tariff hikes
Donald Trump has threatened China with an additional 50% tariff on goods imported into the US unless the Asian country withdraws its 34% counter-tariff
Retail and business organisations express concern over Trump’s new tariffs
Retail and business organisations from the US and around the world have voiced their concerns over President Donald Trump’s announcement of new tariffs. Read some of these reactions
Former adidas executive Arthur Hoeld named new CEO of Puma
Arne Freundt, Puma’s current CEO, will leave the company due to differing views on strategy execution. Arthur Hoeld, former head of adidas Global Sales, will succeed Freundt at the helm of the company
Innovation, sustainability and young talent shine at Futurmoda’s latest edition
The latest edition of Futurmoda gathered footwear professionals worldwide to promote discussions on key industry topics. The next edition will occur on the 15th and 16th of October 2025
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