荐Nike’s third-quarter profit slides on tariffs and rising costs
The sportswear company has reported a 35% year-on-year decline in third-quarter profit despite flat revenue, with higher tariffs and rising costs having a negative impact on overall performance
荐Designer Brands improves margins despite sales decline in 2025
The US-based company has reported a 3.9% year-on-year decline in net sales to 2.9 billion US dollars for 2025. However, it has also improved its gross margins and strengthened its financial position
荐American Exchange Group agrees to acquire Allbirds’ assets
The brand management group, whose portfolio includes labels such as Aerosoles and Ed Hardy, has agreed to purchase the intellectual property and all assets of the eco-friendly sneaker brand for 39 million USD
荐Brooks Running reshuffles leadership team
The Seattle-based shoe running company has announced several promotions within its executive leadership team as part of its strategy to accelerate global expansion
荐Chinese lector sectors contracts in 2025
China’s leather sector experienced a broad downturn in 2025, recording declines in revenue and trade activity. This reflects the ongoing pressure on the global supply chain
荐Geox narrows full-year loss despite sales decline
The Italy-based footwear group reported mixed results for 2025. Declining sales were offset by improvements in profitability, reflecting the initial success of its restructuring strategy
荐Spanish footwear sector warns against ultra-fast-fashion model
Several major organisations from the Spanish footwear and leather goods industry issued a joint declaration raising concerns over the rapid expansion of ultra-fast fashion platforms in Europe
荐Zalando delivers 2025 growth across B2C and B2B
The Germany-based online fashion retailer has reported double-digit growth in GMV and revenue in 2025, driven by its acquisition of About You and progress in its B2C and B2B strategy pillars
荐FAIST Voices: meet Vapesol
Part of the FAIST consortium, Vapesol is focusing on product development to bring more sustainability and circularity to the sole manufacturing process
荐Soles4Souls acquires Erren Recondition
The Nashville-based non-profit organisation Soles4Souls has acquired a European footwear and apparel reconditioning company with the aim of expanding its global circular solutions capabilities
荐Puma swings to loss in 2025 following strategic reset initiatives
The Germany-based group swung to a net loss of 643.6 million in 2025 euros due to weaker sales and margin pressure following its strategic reset to streamline distribution and reduce promotions
荐Frasers Group becomes Puma’s second-largest shareholder
The UK-based conglomerate has acquired a 5.77% stake in the sportswear group, establishing itself as the second-largest shareholder behind Anta Sports
荐adidas posts record 2025 revenue
The Germany-based group has reported a record revenue in 2025, driven by double-digit growth key product categories and markets. Despite tariffs and currency headwinds, continued growth is expected ahead
荐On posts record annual revenue
The Switzerland-based sportswear group has surpassed the 3 billion Swiss francs (3.3 billion euros) revenue mark in 2025, thanks to strong performance across channels and regions
荐Golden Goose reports full-year double-digit revenue growth
The Italy-based luxury sneaker company reported a 15% net revenue growth in 2025 as compared to the previous year, driven by the expansion of its direct-to-consumer business