荐Gerry Weber closes all its stores, sells trademark rights
The German fashion retailer is closing all its stores in Germany and Europe while selling its trademark rights to Spanish retailer Victrix. This follows its third insolvency in a few years
荐Dr. Martens kicks off the year in line with expectations
In its latest trading update, the UK-based footwear company reiterated its guidance for the full year 2026, with performance from the start of the year remaining in line with expectations
荐Leder & Schuh reports moderate growth in 2024
The Austrian footwear retailer reported a moderate year-on-year sales growth of 1.1% in 2024. This was driven by store expansion, a new private label launch, and product range optimisation
荐adidas confirms data breach following cyberattack
The German sportswear giant was the victim of a cyberattack targeting its customers’ personal information. However, their credit card or other payment-related data was not accessed
ISA Next-Gen Materials announces passing of VP Dr Reiner Hengstmann
ISA Next-Gen Materials has confirmed the passing of Dr Reiner Hengstmann, Vice President of Additional Materials, on June 27, 2025.
荐Primark plans significant workforce cuts
The international retailer plans to reduce staff in key support functions, impacting about 7% of Dublin HQ jobs, as it restructures to maintain competitive pricing and invest in overseas markets
荐Nike reports decline in sales and profit for fiscal 2025
Nike has reported a significant decline in both sales and profit for the fourth quarter and full fiscal year ending May 31, 2025.
荐Nike reports fourth-quarter and full year results
The US-based sportswear company saw declines in revenue for both the quarter and full year, but remains hopeful, repositioning through a sport-focused strategy to renew consumer connection
荐Strategic overhaul for Clarks after significant 2024 loss
C&J Clark Limited, the parent company of footwear brand Clarks, has reported a statutory turnover of £901.3 million (US$1.23 billion) for 2024, and announced a “strategic overhaul”.
荐The UITIC Congress is a platform for information exchange and cooperation in the footwear industry
We spoke to Li Yuzhong, chairman of the China Leather Industry Association (CLIA), to find out more about the upcoming UITIC Congress, which will return to China from the 31st of August to the 3rd of September
荐Havaianas with new distribution model in North America
Alpargatas has entered into a supply chain and distribution agreement with the Eastman Group for its flip-flop brand in North America. This marks a shift from a direct operations to a distributor model
荐Bangladesh: leather and non-leather footwear exports on the rise in 2024-2025
Data from the Export Promotion Bureau reveals that Bangladesh’s footwear sector has shown an upward trend between July 2024 and May 2025, across both the leather and non-leather segments
荐Credit: Zara Inditex reports steady growth in first quarter results
In the first quarter of 2025, Spanish fashion retailer Inditex delivered steady performance despite a challenging global environment.
荐US and China strike preliminary trade deal
The United States and China have reached a framework agreement on a trade deal that eases global trade tensions. However, the final terms have yet to be formally agreed upon by both governments
荐EU Commission targets Shein over consumer protection concerns
The European Union Commission has urged Shein to comply with EU consumer protection laws, warning that the fast-fashion retailer could face fines if it fails to address the concerns that have been raised