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Genesco’s sales to be hit by license exits and store closures
EU to proceed with provisional application of the trade agreement with Mercosur
Deichmann’s sales were up a currency-adjusted 2% in 2025
Why a veteran of the footwear industry has decided to launch three new brands
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C-Suite interview: Blusun enters second year looking to ramp up sales, expand outside of Europe
When Dirk Pfeffer and Silvia Brindlmayer set up their barefoot footwear brand Blusun last year, they knew what they wanted and what they did not. At the heart of their vision were shoes featuring high quality materials, reasonable prices and a sustainable and socially responsible supply chain. Pfeffer and Brindlmayer ...
C-Suite interview: Velasca aims to double its store network by end 2028
In less than a year, Velasca, a Milan-based footwear and apparel retailer, has opened 10 shops, bringing the number of locations to 30 worldwide. By the end of 2028, the goal is to double that number to 60.
M&A
Zhejiang Huanqiu Shoes is looking for outdoor footwear companies
Zhejiang Huanqiu Shoes is playing a pivotal role in shaping the evolution of China’s modern footwear industry. Now they are looking for a footwear manufacturer to invest in.
Latest Case Studies
Why a veteran of the footwear industry has decided to launch three new brands
Joseph (Joe) Trybulec, the owner of Trybulec Enterprises and a business partner in Integra Trade Solutions, a US-based logistics company, has decided to launch three new brands covering different market segments.
How a Tuscan startup is helping upcycle leather deadstocks
Zerow is a Tuscan-based marketplace established for the upcycling of fabric and leather leftovers. As the company’s name indicates, the “w” standing for waste, its purpose is to eliminate discarded materials and deadstock by transforming them into a resource.
How an Italian startup is proving to be the perfect fit for leading fashion brands
Measmerize, a startup established to offer sizing solutions for fashion brands, has built up a portfolio of about 40 clients, including high-profile fashion houses, thanks to customized AI algorithms proposing size and fit recommendations to end-users.
Experts are confident about global footwear sales growth
The short-term outlook for footwear sales volumes and price growth is positive, based on the findings of the latest survey of experts published in the latest Business Conditions Survey released by World Footwear.
Global branded casual footwear market grew 3.5% in 2024
The international branded casual footwear market grew by 3.5 percent in 2024 to $17,016 million from $16,447 million in 2023, with balanced growth from the US and global sales. The US branded casual shoe market rebounded 3.9 percent to $7,024 million from $6,763 million, while revenues from outside the US ...
Brazilian exports hit by US tariffs
In August, Brazilian footwear exports fell by 0.5 percent year-over-year in volume to 7.64 million pairs and by 9.1 percent in value to $77 million after the US introduced a 50 percent import tariff on Brazilian goods on Aug. 7. The US is Brazil’s main export market.
Berlin university leads €4m EU project on sustainable footwear and home textiles
Genesco’s sales to be hit by license exits and store closures
Coats lifts its margin and free cash flow targets as OrthoLite is expected to outperform
Versace puts pressure on Prada’s operating margin
Primark appoints a Chief Commercial Officer
Otto to axe nearly 460 jobs to reduce costs
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Soles4Souls buys Erren Recondition
Stoke Shoes launches in over 450 stores
MySize’s stock has to regain compliance on Nasdaq
Aldo names P3 Media as its digital marketing agency
Maersk temporarily halts Middle East services, Gulf region shuttles
US global tariff could rise to 15% this week
Turkish inflation reaches 31.53% in February
Sabu Schuh & Marketing GmbH rebrands as Sabu GmbH
Ricosta hires new purchasing chief
French footwear sales rebound sharply in January
Berlin university leads €4m EU project on sustainable footwear and home textiles
The Technische Universität Berlin, one of Germany’s largest universities of technology, is leading a new three-year European Union research project aimed at improving the sustainability of footwear and home textiles.
Genesco’s sales to be hit by license exits and store closures
In the current fiscal year, Genesco expects its sales to decline by 0-1 percent as the exit of licenses trims its top line by about $30 million and store closures knock off a further $30 million. However, the US footwear company anticipates comparable sales to rise by 1-2 percent.
Coats lifts its margin and free cash flow targets as OrthoLite is expected to outperform
Coats has lifted its medium-term operating margin and free cash flow targets as it expects its newly acquired OrthoLite business to outperform the market.
Versace puts pressure on Prada’s operating margin
The Prada Group posted sales growth in 2025 but its operating margin was trimmed by the acquisition of Versace which completed on Dec. 2. The dilutive impact of the Italian luxury brand is expected to persist this year.
Primark appoints a Chief Commercial Officer
Primark has appointed Filip Ekvall to the newly created role of Chief Commercial Officer, with effect from Sept. 1. The new role of Chief Commercial Officer will bring “together the product, retail, digital and customer functions to further integrate and strengthen Primark’s consumer proposition across channels and markets,” said Associated ...
Otto to axe nearly 460 jobs to reduce costs
Otto Group will cut nearly 460 additional full‑time jobs, largely at its Hamburg headquarters, as part of a sweeping restructuring program aimed at lowering costs and responding to weakening consumer demand and growing international competition.