荐Dick’s Sporting Goods closes Foot Locker acquisition
The US-based sporting goods retailer has finalised its acquisition of the footwear and apparel retailer Foot Locker, which was announced in May and valued at 2.4 billion US dollars
荐Designer Brands sees recovery signs despite second quarter sales dip
The US-based footwear group reported a 4.2% year-on-year decline in the second quarter, but said that there were signs of recovery fuelled by the back-to-school season within the US retail segment
荐Kenya Boosts Leather Sector with Cluster Development Training
Nairobi, Kenya – A recent training workshop which ended on 11th July 2025 in Nairobi aimed to strengthen Kenyas leather sector by empowering Micro, Small, and Medium Enterprises (MSMEs) and artisans. The workshops, focused on cluster development and …
荐Strong first half for Golden Goose
Building on its performance in the first quarter, the Italy-based luxury sneaker group ended the first half of the year with strong year-on-year revenue growth of 13%, led by a 19% increase in the DTC channel
荐Birkenstock reiterates full year outlook on strong underlying demand
The Germany-based company has reported a strong third quarter performance in 2025, driven by underlying demand across all segments. Despite macro headwinds, it has reiterated its full year outlook
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