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Industry News Tuesday 15th of July 2025
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

Industry News Monday 14th of July 2025
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

Industry News Thursday 10th of July 2025
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

Industry News Wednesday 9th of July 2025
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

Industry News Tuesday 8th of July 2025
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.

Industry News Monday 7th of July 2025
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

Industry News Friday 4th of July 2025
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.

Industry News Wednesday 2nd of July 2025
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

Industry News Tuesday 1st of July 2025
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”.

Industry News Monday 30th of June 2025
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

Industry News Wednesday 25th of June 2025
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

Industry News Tuesday 24th of June 2025
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

Industry News Tuesday 17th of June 2025
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.

Industry News Monday 16th of June 2025
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

Industry News Friday 13th of June 2025
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