Welcome to Wenzhou Int'l Leather Fair ! 20-22 August, 2026 Wenzhou · China 中文(简体)

Home / Press & Media /

Industry News

Industry News Friday 30th of January 2026
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

Industry News Thursday 29th of January 2026
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

Industry News Wednesday 28th of January 2026
Bottega Veneta CEO set to step down

Kering, the France-based luxury group that owns Bottega Veneta, has announced that the label’s Chief Executive Officer, Bartolomeo Rongone, will be leaving the group on the 31st of March

Industry News Tuesday 27th of January 2026
Authentic closes Guess acquisition

Authentic Brands Group has completed the acquisition of a 51% stake in Guess’s intellectual property (IP), making Guess the second-largest brand in its portfolio after Reebok

Industry News Monday 26th of January 2026
Luís Onofre launches shoe golf line

Portuguese footwear designer Lus Onofre has launched Clubhouse Heritage, a new line of golf shoes that combines tradition and refinement with a sporting spirit

Industry News Friday 23rd of January 2026
Under Armour announces executive leadership changes

As part of its transformation strategy, the Baltimore-based sportswear company has appointed Kara Trent as Chief Merchandising Officer and Adam Peake as President of the Americas

Industry News Thursday 22nd of January 2026
Brazilian exports end 2025 on stable ground as imports continue to rise

Despite the negative impact of US tariffs on Brazilian footwear exports, the industry ended 2025 broadly stable, according to Abicalados. Meanwhile, imports continue to rise

Industry News Wednesday 21st of January 2026
Birkenstock ends 2025 with double-digit Q4 growth

Birkenstock closed its fiscal 2025 with another quarter of robust growth, as the heritage footwear group reported a 15% rise in fourth-quarter revenue to ?26 million, or 20% in constant currency, driven by strong demand across all regions and channe…

Industry News Tuesday 20th of January 2026
Zalando plans to close its Erfurt logistics centre

Following its acquisition of About You, the German online retailer will streamline its European logistics network. This will include the closure of the Erfurt fulfilment centre by September 2026

Industry News Monday 19th of January 2026
JD Sports to enable direct purchases through AI platforms

The sportswear retailer has announced that its US customers will be able to use AI platforms to search for and purchase sports footwear, apparel, and accessories without having to leave the interfaces

Industry News Friday 16th of January 2026
Genesco lifts full year adjusted earnings outlook on strong holiday sales

The Nashville-based footwear company has increased its full-year adjusted earnings forecast after achieving strong comparable sales during the holiday season

Industry News Thursday 15th of January 2026
Birkenstock forecasts strong first quarter sales despite external headwinds

Despite the impact of a weaker US dollar, the Germany-based footwear company has reported strong preliminary sales figures for the final months of 2025

Industry News Wednesday 14th of January 2026
Nike quietly offloads its NFT business

The sportswear company finalised the sale of its virtual sneaker subsidiary, RTFKT, to an undisclosed buyer at the end of 2025, quietly marking its exit from the blockchain-based collectibles market

Industry News Friday 9th of January 2026
Marubeni strengthens lifestyle brand platform with Jacobson acquisition

As part of a strategic push to develop its scalable lifestyle brand business platform, the Japanese conglomerate Marubeni has acquired the multi-brand footwear owner Jacobson Group Limited

Industry News Thursday 8th of January 2026
LVMH reshuffles leadership at Givenchy

Amadine Ohayon is set to take the reins at Givenchy, replacing Alessandro Valenti. Valenti is leaving after just 18 months to take up a senior position at Christian Dior Couture