荐US-China tariff truce extended by 90 days
US President Donald Trump has signed an executive order delaying the introduction of higher tariffs on Chinese goods by a further 90 days, while negotiations between the two countries continue
荐VF Corp posts first quarter results above guidance
The parent company of the brands The North Face, Vans and Timberland has reported first quarter revenue and profitability that exceed its own guidance as it continues to pursue its transformation strategy
荐Wolverine Worldwide exceeds expectations in Q2
Wolverine Worldwide delivered stronger-than-expected performance in its second quarter, with revenue growth and improved profitability driving gains.
荐Kizik files patent infringement lawsuit against Skechers
HandsFree Lab, the parent company of Kizik, has filed a patent infringement lawsuit against Skechers regarding the Hands Free Slip-ins line. The California-based company intends to “aggressively challenge” the allegations
荐adidas posts double-digit revenue growth in the second quarter
The sportswear company has reported a strong second quarter, with double-digit revenue growth of 12% year-on-year. Despite acknowledging the impact of US tariffs and future uncertainty, adidas reaffirmed its full year outlook
荐Soles4Souls raises over 393 million USD in its annual fundraiser
The Nashville-based non-profit organisation has raised over 393 million US dollars at its annual fundraiser, enabling it to provide more than 24 000 homeless students with a pair of shoes
荐Deckers reports strong start to fiscal year 2026
Despite a trade environment marked by uncertainty, the US-based company has reported a strong first quarter performance, with net sales growing by 16.9% year-on-year
荐Revenue declines for LVMH in first half results
LVMH has reported a decline in both revenue and profit for the first half of 2025, reflecting broader challenges across global luxury markets.
荐Burberry reports decline in Q1 FY26 results
Burberry reported a 6% drop in retail revenue for the first quarter of its 2026 financial year, as currency headwinds and ongoing macroeconomic uncertainty weighed on performance.
荐Coats Group acquires OrthoLite
The UK-based manufacturer of industrial threads for the apparel and footwear industries is set to acquire the insole manufacturer OrthoLite for an initial enterprise value of 770 million USD
荐Credit: Stella Luna Stella International reports growth for Q2
Footwear manufacturer Stella International Holdings has reported a 4.1% year-on-year increase in shipment volumes for the second quarter, reaching 15.4 million pairs.
荐US and Indonesia reach tariff deal
Both the US President Donald Trump and the Indonesian President Prabowo Subianto said that the tariffs faced by the Southeast Asian country would be reduced from 32% to 19%
荐Uniqlo parent company reports strong nine-month performance
The Japan-based fashion retailer Fast Retailing has reported a strong performance over the first nine months of its fiscal year, reiterating its outlook for the full year
荐Amazon reaches robot milestone, debuts new generative AI model
The US-based e-commerce giant has announced that it has deployed its one millionth robot and that its entire fleet will be powered by a newly launched generative AI model
荐Allbirds signs three new distribution agreements
As part of its strategy to achieve long-term, scalable growth in overseas markets, the US-based footwear brand has signed three new distribution agreements covering several countries in the Eurasian region