World Footwear

United Kingdom

Prada buys Versace from Capri

Apr 14, 2025 / Italy
Prada S.p.A. and Capri Holdings Limited have entered into a definitive agreement regarding the purchase of 100% of Versace by the Milan-based fashion group

Primark CEO resigns amid allegations of misconduct

Apr 10, 2025 / United Kingdom
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

Apr 10, 2025 / United Kingdom
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

Global footwear trade in 2024: China exports slow, US and Germany rebound in imports

Premium ContentApr 1, 2025 / World
China remained the top footwear exporter in 2024, with exports increasing in volume but decreasing in value. Meanwhile, Vietnam and Indonesia consolidated their positions with double-digit export growth. On the import side, the US and Germany reversed their import declines in 2023, which suggests a resurgence in global demand

Footasylum reports strong full year results

Mar 28, 2025 / United Kingdom
The British sportswear retailer has reported “another year of record revenue and profit” in the fiscal year 2025, as it continues its digital-first strategy and ongoing store expansion

Schuh transforms post consumer waste into store fixtures

Mar 26, 2025 / United Kingdom
The British footwear retailer Schuh has teamed up with waste design studio Are You Mad to transform its post-consumer waste into usable and creative objects for its store fixtures

A quarter of a million jobs lost in five years in the UK retail sector

Mar 24, 2025 / United Kingdom
The UK retail sector has lost nearly a quarter of a million jobs over the past five years, according to the latest data from the Office for National Statistics (ONS), highlighting the sector’s ongoing struggles

Shoe Zone launches a new app as part of its omnichannel focus

Mar 18, 2025 / United Kingdom
The UK-based footwear retailer has launched a revamped app designed to improve the online shopping experience. The move is part of the expansion of its omnichannel strategy

Schuh cuts jobs as part of wider restructuring

Mar 17, 2025 / United Kingdom
Following a voluntary redundancy process launched by the company in January, the footwear retailer has cut 39 head office and store jobs. This is part of a wider restructuring strategy

Retail Flash: insights from key footwear markets

Premium ContentFeb 20, 2025 / World
Explore the main retail trends in France, Germany, Japan, the Netherlands, the UK, the US and Spain from our Retail Flash reports, highlighting volatility in 2024 and mixed consumer and retailer sentiment. In particular, new tariffs on key trading partners could put pressure on US footwear prices, Germany’s online sector continues to expand and Japan faces rising inflation

Burberry names Charlotte Baldwin as Chief Information Officer

Feb 17, 2025 / United Kingdom
The UK-based luxury label has named Charlotte Baldwin as Chief Information Officer, effective from the end of March. She will be responsible for leading Burberry’s global technology team

Steve Madden to take over Kurt Geiger

Feb 14, 2025 / United States
The US-based company has entered into a definitive agreement to acquire the Kurt Geiger brand from Cinven for approximately 289 million British pounds (about 361 million USD)

Stella McCartney buys back LVMH’s minority stake in her namesake label

Feb 3, 2025 / United Kingdom
The fashion designer is buying back LVMH’s minority stake in the house she founded, but will continue to advise the group on sustainability issues, the two companies announced

Dr. Martens starts to turn around in the US

Jan 30, 2025 / United Kingdom
The iconic British footwear company has reported a solid performance in its third quarter trading update, highlighting the progress it is making in the US. Full year outlook remains unchanged

Primark lowers full year outlook

Jan 30, 2025 / United Kingdom
The UK-based fashion retailer, owned by Associated British Foods, has lowered its full year outlook, after a first quarter sales decline in the UK and Ireland, which accounted for around 45% of its total sales
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