荐Shoe Zone raises full-year guidance
The UK-based footwear retailer has revised its adjusted loss before tax guidance upwards for the full year, after recording sales in May and June that exceeded expectations
荐Richemont starts the year on a positive note
The Switzerland-based luxury group reported a 20% year-on-year increase in sales at constant exchange rates in the first quarter of the 2026 financial year, supported by growth across all regions
荐Stella International reports first-half results in line with expectations
The Hong Kong-based group reported first-half results in line with expectations, with revenue up by 1.5% year-on-year, and announced that three new factories are on track to begin operating in the second half
荐adidas expands India sourcing with new facility
The Germany-based sportswear company is expanding its footwear production in India by setting up a new manufacturing facility with Evervan Kothari Footwear in Karur, Tamil Nadu
荐Hugo Boss advises shareholders to reject Frasers’ takeover bid
The managing and supervisory boards of Hugo Boss have asked shareholders to reject the offer from the Frasers Group because it is too low and does not reflect the brand’s current and future potential
荐On restructures commercial leadership with two executive appointments
To achieve its long-term, consumer-centric goals, sportswear company On is restructuring its global sales organisation by dividing its current commercial leadership team into two
荐HSG completes acquisition of majority stake in Golden Goose
HSG has completed its acquisition of a majority stake in Golden Goose, with Temasek and True Light Capital investing as minority shareholders. Permira will also remain a strategic minority investor
荐Portuguese Footwear Association highlights sustainability challenge at Brussels event
If the European footwear sector is to address the growing environmental impact of consumption, it must accelerate its transition to circularity. This was the key message of a conference organised by APICCAPS in Brussels as part of the BioShoes4All pro…
荐H&M improves profitability in the second quarter despite flat sales
The Sweden-based fashion retailer reported that sales remained broadly unchanged in local currencies in the second quarter, while improved margins and lower costs helped to increase profitability
荐Accent Group rejects Frasers' takeover bid
The independent board committee of the Australian sports footwear retailer has urged shareholders to reject a takeover offer from Frasers Group, describing the bid as highly opportunistic
荐Dr. Martens CEO signals confidence with share purchase
Ije Nwokories purchase of 112,500 shares follows Dr. Martens’ return to profit growth in FY26, signalling confidence as the British footwear company prepares to move from stabilisation to scaling
荐Frasers Group launches offers for Hugo Boss and Accent
The UK-based conglomerate is seeking full control of the Australian retailer Accent Group and a larger stake in Hugo Boss through two separate takeover offers announced this month
荐Pakistan footwear exports rise despite weakness in the leather segment
Exports of Pakistani footwear increased in the first eleven months of the 2025-26 fiscal year, driven by strong growth in the other footwear segment. Leather and canvas footwear continue to struggle
荐Kohl’s appoints Elliott Rodgers as Chief Operating Officer
The US-based store chain has appointed Elliott Rodgers as Chief Operating Officer. With more than 20 years’ professional experience, he most recently was Chief Operations Officer at Foot Locker
荐French authorities fine Shein over consumer protection breaches
France has fined the China-based online retailer approximately 22 million euros over issues with returns, product information, and order confirmations. Shein will challenge the penalty