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Industry News Friday 3rd of January 2025
Skechers settles design patent case against L.L. Bean

Skechers and L.L. Bean have settled a lawsuit alleging the latter’s "Freeport" shoes infringed patented heel cup designs, with a court order barring further sales, imports and manufacturing

Industry News Thursday 2nd of January 2025
French leather shoe exports fall, but China offers opportunity

French leather footwear exports fell by 3% year-on-year between January and August, but according to Alliance France Cuir, there’s still room for luxury footwear to grow in China

Industry News Monday 30th of December 2024
2025 brings questions to the Italian leather sector

Italys tanning industry currently struggles with declining demand, rising economic pressures and labour challenges, while hopes for recovery hinge on global economic, political and trade stability

Industry News Thursday 26th of December 2024
Nike reports revenue decline amid strategic repositioning

The US-based sportswear company reported revenue and net income decline in the second quarter. CEO Elliot Hill shared ambitions to refocus on sports to drive long-term growth and shareholder value

Industry News Wednesday 25th of December 2024
Strong full year 2024 for Birkenstock

The German-based company has reported a strong set of results for its fiscal year 2024, driven by strong consumer demand across all regions and a focus on a solid financial position

Industry News Tuesday 24th of December 2024
New Generation: Artur Cardoso from Wagwan

With a marketing degree and a past linked to the art world, Artur Cardoso has recently launched Wagwan, a Portuguese footwear brand that combines art and sport

Industry News Friday 20th of December 2024
Shoe Zone issues profit warning

The British footwear retailer has cut its full year adjusted profit forecast due to difficult trading conditions and increased costs resulting from the October government budget

Industry News Thursday 19th of December 2024
Challenges loom for the Brazilian footwear industry in 2025

With tax reform and trade protection as priorities, Brazils footwear industry expects pressing challenges in 2025, including payroll tax changes, high interest rates and import competition

Industry News Wednesday 18th of December 2024
Genesco reports sales growth in the third quarter

The US-based company positively adjusted its 2025 guidance, driven by solid e-commerce growth, improved consumer experiences and robust sales momentum at Journeys during the third quarter

Industry News Tuesday 17th of December 2024
Johnston & Murphy Better than expected results for Genesco in Q3

U.S.-headquartered footwear retailer Genesco has reported its financial results for the third quarter of fiscal 2025, when net sales grew 3% to US$596 million.

Industry News Thursday 12th of December 2024
Caleres lowers full year outlook

The US-based footwear company has lowered its full year outlook after a weaker-than-expected third quarter, citing weaker seasonal demand for boots, supply chain issues and a specific customer credit problem

Industry News Tuesday 10th of December 2024
OrthoLite significantly expands its operations in India

Thanks to solid leadership in the region, OrthoLite has increased its Indian footprint by adding leather insole production and strengthening local manufacturing to support 61 brand partners

Industry News Monday 9th of December 2024
ThredUp divests its European business

The US-based online platform has sold European business Remix in a management buyout, enabling both companies to prioritise market strengths and drive targeted growth under separate leadership

Industry News Friday 6th of December 2024
Skechers' BOBS initiative reaches major charitable milestone

The US-based company surpassed 12 million US dollars in donations through the sales of BOBS products, which has helped over 2.2 million shelter pets across the US, Canada, the UK and Japan

Industry News Thursday 5th of December 2024
E-commerce led the way on US Black Friday

US retail sales were up by 3.4% on Black Friday compared to the same day last year, according to Mastercard SpendingPulse, driven by a significant 14.6% increase in online sales