荐Uniqlo parent company reports strong nine-month performance
The Japan-based fashion retailer Fast Retailing has reported a strong performance over the first nine months of its fiscal year, reiterating its outlook for the full year
荐Amazon reaches robot milestone, debuts new generative AI model
The US-based e-commerce giant has announced that it has deployed its one millionth robot and that its entire fleet will be powered by a newly launched generative AI model
荐Allbirds signs three new distribution agreements
As part of its strategy to achieve long-term, scalable growth in overseas markets, the US-based footwear brand has signed three new distribution agreements covering several countries in the Eurasian region
荐Converse set to welcome new President and CEO
Jared Carver, the current CEO and President of the Converse brand, is expected to step down. Nike veteran Aaron Cain is allegedly set to take on the leadership role
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