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ArticleEU introduces €3 duty on parcels worth less than €150
The member states of the European Union have agreed to introduce a temporary €3 customs duty per item on e-commerce parcels valued below €150, starting on July 1, 2026. If a parcel has several items of the same product the tax will only apply once. But if it contains different ...
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ArticleCaleres aims to bring Stuart Weitzman to breakeven in 2026
Caleres said that it plans to bring Stuart Weitzman to breakeven in 2026 and to achieve profitability for the brand after that, as the latest addition to its Brand Portfolio segment dragged down earnings in the third quarter and management predicted it would be dilutive to the bottom line for ...
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ArticleDesigner Brands sees positive momentum continuing at start of Q4 after Q3 earnings best
Designer Brands said it is continuing to see positive momentum at the start of the fourth quarter after posting a sequential improvement in its top line and higher-than-expected earnings in the third quarter ended Nov. 1. The company, which owns the DSW chain, The Shoe Company and the Canadian footwear ...
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ArticleWortmann to invest €100 million in Tamaris
Wortmann Group has announced a sweeping €100 million investment to strengthen brand awareness and further develop the retail strategy of its Tamaris brand. “With an investment of over 100 million euros, Tamaris is launching the most ambitious future offensive in the company’s history,” the German footwear manufacturer and distributor ...
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ArticleRG Barry Brands takes over Green Market Services
RG Barry Brands, an American footwear and accessories company, has reached an agreement in principle to acquire substantially all the assets of Green Market Services (GMS). The proposed transaction includes GMS’ licensed slipper businesses for Clarks, Timberland, and its existing private label business, as well as the GMS team ...
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ArticleGenesco cuts its full-year guidance
Genesco cut its full-year guidance after been hit by a “meaningful pullback” in consumer demand after the back-to-school season as well as a difficult market in the UK, which is affecting its Schuh banner. “We experienced a meaningful pullback in the back half of the third quarter, as consumers retreated ...
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ArticleTod’s obtains postponement on ruling regarding advertising ban
A Milan-based court has granted a request by Tod’s to postpone a hearing on whether its advertising should be banned for six months due to concerns over alleged labor abuses within its supply chain. A hearing on the matter scheduled for Dec. 3 has been postponed to Feb. 23 after ...
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ArticleInditex’s Q3 sales beat market expectations
Inditex, the Spanish fashion retailer which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, reported a 4.9 percent increase in sales to €9.8 billion in the third quarter ended Oct. 30. The top line was up by 8.4 percent at constant currency rates compared with market expectations ...
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ArticleHow a Tuscan startup is helping upcycle leather deadstocks
Zerow is a Tuscan-based marketplace established for the upcycling of fabric and leather leftovers. As the company’s name indicates, the “w” standing for waste, its purpose is to eliminate discarded materials and deadstock by transforming them into a resource. The company was founded by Alessio Troisi and Gabriele Rorandelli, who ...
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ArticleMore German independent shoe stores close as the retail crisis deepens
A wave of closures among independent, family-run shoe stores across Germany is showing no signs of slowing down as the country’s traditional retail sector continues to struggle with shifting consumer habits, high rents and a lack of successors, while larger chains and online shopping platforms increasingly dominate the market. Several ...
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ArticleGolden Goose maintains 13% sales growth
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first nine months of 2025 net revenues rose by 13 percent year-over-year at constant exchange rates to €517.1 million. The growth rate is in line with the performance posted in the first ...
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ArticleGlobal branded casual footwear market grew 3.5% in 2024
The international branded casual footwear market grew by 3.5 percent in 2024 to $17,016 million from $16,447 million in 2023, with balanced growth from the US and global sales. The US branded casual shoe market rebounded 3.9 percent to $7,024 million from $6,763 million, while revenues from outside the US ...
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ArticleACBC creates a scientific committee to bolster innovation
ACBC, an Italian B-Corp certified firm specializing in product innovation and sustainable, circular solutions for the fashion and lifestyle industries, has created a four-member scientific committee, an advisory body created to further strengthen the company’s research, development, and innovation path. “The ACBC Scientific Committee has been set up to ...
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ArticleSportup hires a sales and marketing manager
As it celebrates its 25th anniversary, the Italian footwear producer Sportup has reinforced its management structure by hiring Alessandro Perletti as Sales & Marketing Manager in an effort to enter new markets and set up new partnerships with international distributors. Perletti has over twenty years of experience in the footwear ...
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ArticlePortuguese footwear exports rise in first nine months of 2025
In the first nine months of 2025, Portuguese footwear exports rose by 3.8 percent year-over-year in volume to 53.3 million pairs and by 2.1 percent in value to €1.322 billion, according to data released by the Portuguese footwear association Apiccaps. About 80 percent of Portuguese exports went to other European ...
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ArticleGerman online fashion retail moves away from free shipping and free returns
Free shipping and free returns are becoming increasingly rare in the German online fashion retail sector as post-purchase support shifts toward greater cost transparency, a new survey showed. At the same time, the post-purchase experience remains only partially tapped as a source of differentiation, leaving opportunities to build customer loyalty ...
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ArticleIndian labor reform seen cutting red tape but hiking cost of hiring
India’s labor reform should ease the compliance burden for businesses, but the cost of hiring may rise, according to the Japanese brokerage Nomura. On Nov. 21, the country launched four new labor codes, resulting in the largest overhaul of workers’ laws in decades in an effort by the government to ...
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ArticleAsos' losses narrow
Asos has posted narrower losses, despite a slide in annual sales, and forecast a lift in earnings and margins next year. Revenues of the British fast fashion retailer fell by 15 percent in the year to Aug. 31 to £2.48 billion (€2.82bn), while gross merchandise value (GMV) was 12 percent ...
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ArticlePortwest takes over Grupo Kondor Colombia
Portwest, an Irish provider of workwear, safety footwear and personal protective equipment, has acquired a majority shareholding in Grupo Kondor Colombia, the market leader in safety footwear in Colombia. No financial details were available. The acquisition supports Portwest’s strategy of expanding its global manufacturing and distribution footprint and strengthening its ...
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ArticleGlobal personal luxury goods market seen falling by 2% this year
The personal luxury goods market is expected to decline by 2 percent at current exchange rates, but to be flat at constant rates, reaching €358 billion in 2025, but could resume growing over the next decade by up to 6 percent a year, according to a report released by the ...
