荐Chinese lector sectors contracts in 2025
China’s leather sector experienced a broad downturn in 2025, recording declines in revenue and trade activity. This reflects the ongoing pressure on the global supply chain
荐Geox narrows full-year loss despite sales decline
The Italy-based footwear group reported mixed results for 2025. Declining sales were offset by improvements in profitability, reflecting the initial success of its restructuring strategy
荐Spanish footwear sector warns against ultra-fast-fashion model
Several major organisations from the Spanish footwear and leather goods industry issued a joint declaration raising concerns over the rapid expansion of ultra-fast fashion platforms in Europe
荐Zalando delivers 2025 growth across B2C and B2B
The Germany-based online fashion retailer has reported double-digit growth in GMV and revenue in 2025, driven by its acquisition of About You and progress in its B2C and B2B strategy pillars
荐FAIST Voices: meet Vapesol
Part of the FAIST consortium, Vapesol is focusing on product development to bring more sustainability and circularity to the sole manufacturing process
荐Soles4Souls acquires Erren Recondition
The Nashville-based non-profit organisation Soles4Souls has acquired a European footwear and apparel reconditioning company with the aim of expanding its global circular solutions capabilities
荐Puma swings to loss in 2025 following strategic reset initiatives
The Germany-based group swung to a net loss of 643.6 million in 2025 euros due to weaker sales and margin pressure following its strategic reset to streamline distribution and reduce promotions
荐Frasers Group becomes Puma’s second-largest shareholder
The UK-based conglomerate has acquired a 5.77% stake in the sportswear group, establishing itself as the second-largest shareholder behind Anta Sports
荐adidas posts record 2025 revenue
The Germany-based group has reported a record revenue in 2025, driven by double-digit growth key product categories and markets. Despite tariffs and currency headwinds, continued growth is expected ahead
荐On posts record annual revenue
The Switzerland-based sportswear group has surpassed the 3 billion Swiss francs (3.3 billion euros) revenue mark in 2025, thanks to strong performance across channels and regions
荐Golden Goose reports full-year double-digit revenue growth
The Italy-based luxury sneaker company reported a 15% net revenue growth in 2025 as compared to the previous year, driven by the expansion of its direct-to-consumer business
荐VF Corp reports modest growth in the third quarter as turnaround progresses
The US-based company has reported modest revenue growth in the third quarter, supported by improved performance in the Americas region and a return to growth in its direct-to-consumer channel
荐Next rescues British footwear brand Russell & Bromley
The UK-based fashion retailer acquired the Russell & Bromley brand out of administration for 3.8 million British pounds (4.4 million euros), retaining just three stores. This could put 440 jobs at risk
荐Anta Sports to acquire 29% stake in Puma
The China-based group has announced that it has entered into a purchase agreement with Groupe Artmis, the investment firm of the Pinault family, to acquire a 29.06% stake in Puma for 1.5 billion euros
荐LVMH posts resilient performance in 2025
Despite mixed regional performances and a slowdown in fashion and leather goods sales, the France-based luxury conglomerate has ended the year 2025 in a resilient position