All Article articles – Page 5
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ArticleNeroGiardini hopes to stabilize revenues as it celebrates its 50th anniversary
NeroGiardini is celebrating its 50th anniversary. During Micam, the international footwear trade show held from Sept. 7 to 9 at the Fieramilano Rho exhibition center outside Milan, the Italian shoemaker held an event at its showroom in central Milan for domestic and international customers. As part of the celebrations, there ...
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ArticleRoots opens a flagship store in Vancouver
The Canadian footwear brand Roots opened its newest flagship in Vancouver and launched its first-ever pilot concept store in Toronto. The Vancouver store is situated at 929 Robson Street and will serve as a community hub, hosting events and initiatives that bring people together, “further embedding Roots in Vancouver’s cultural ...
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ArticleEU and Indonesia sign free-trade deal
The agreement is welcomed by European sporting goods and footwear industry associations
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ArticleCambrelle launches production in Vietnam
Cambrelle, a British lining brand for footwear, said that it is expanding capacity to Vietnam, where production is now underway to meet the growing local supply needs of global brands. The Vietnamese plant can also produce Cambrelle with fully recycled fiber. Cambrelle is a bicomponent fiber that combines two polyamides, ...
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ArticleNext posts profit jump but warns of ‘anaemic’ growth in UK
Next posted a surge in half-year earnings boosted by international sales, sunny weather and cyber-attack disruption at rival Marks & Spencer, but warned of “anaemic” UK growth in the second half due to higher taxes. Total sales for the British fashion retailer in the six months to July 30 ...
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ArticleUS footwear distributors and retailers expect to pay $2bn more in import duties this year
The Footwear Distributors and Retailers of America (FDRA) estimates that its industry faces a $2 billion increase in import duties this year due to the tariffs introduced this year by the administration of the US President, Donald Trump. “The Footwear Distributors and Retailers of America is an 81-year-old organization that ...
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ArticleSteve’s plans opening a temporary store in Courmayeur
Steve’s, an Italian producer of sustainable premium sneakers, plans to open a temporary store in the Italian high-end resort town of Courmayeur this November, as it seeks to jump-start the planned expansion of its distribution network. The idea is for the Courmayeur temporary store to remain open from November through ...
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ArticleConcentration in German brick-and-mortar footwear and fashion retail hits new high
The concentration of brick-and-mortar fashion retailers in Germany is increasing, with large companies dominating the clothing and footwear market and the number of small specialty stores continuing to decline, a survey from BTE, the German trade association for textiles, footwear and leather goods, showed. The findings are based on 2023 ...
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ArticleEU plans to finalize a free trade agreement with India by year end
The European Union (EU) said that it is committed to finalizing a trade agreement with India by the end of 2025. ”Europe is already India’s biggest trading partner and we are committed to finalising our Free Trade Agreement by the end of the year. Europe is open for business. And ...
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ArticleMysize buys ShoeSize.Me to offer footwear sizing recommendations
MySize, an Israeli AI-driven measurement and fashion technology solutions provider, has bought ShoeSize.Me, a European SaaS company specializing in AI-powered footwear sizing and fit solutions, in a transaction structured primarily as a share deal. MySize issued 241,093 shares of common stock to the sellers of ShoeSize.Me plus a cash payment ...
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ArticleGiorgio Armani leaves instructions for the sale of his group
The Italian fashion house Giorgio Armani SpA should sell a 15 percent stake to the French luxury goods group LVMH, the Franco-Italian eyewear group EssilorLuxottica, the French beauty and cosmetics group L’Oréal or another luxury group in the next 12 to 18 months, the designer Giorgio Armani has stipulated in ...
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ArticlePrimark warns weak consumer confidence hit UK, European sales in H2
Primark’s underlying sales are expected to decline in the second half of the year as weaker demand in Europe and economic uncertainty around potential tax rises in the UK hit consumer confidence, said Associated British Foods (ABF), the parent company of the fast-fashion retailer. Total like-for-like sales at Primark for ...
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ArticleBrazilian exports hit by US tariffs
In August, Brazilian footwear exports fell by 0.5 percent year-over-year in volume to 7.64 million pairs and by 9.1 percent in value to $77 million after the US introduced a 50 percent import tariff on Brazilian goods on Aug. 7. The US is Brazil’s main export market. Over the first ...
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ArticleMicam attracts over 20,000 visitors
The trade shows Micam Milano, which specializes in fashion footwear, and Mipel, which focuses on leather goods and fashion accessories, attracted 20,362 visitors, 57 percent from abroad and 43 percent from Italy. Visitors came from 126 countries, with the strongest participation from Spain, Germany, France, Poland, China, Japan, Nigeria and ...
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ArticleDesigner Brands ‘cautiously optimistic’ after Q2 earnings beat
Designer Brands said it was “cautiously optimistic” about its outlook for the full fiscal year after posting better-than-expected earnings in the second quarter and as positive sales momentum seen during the period continued at the start of the third quarter. The company, which owns the DSW chain, The Shoe Company ...
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ArticleGerman footwear industry revenues up 1.3% in H1
The German footwear manufacturers posted revenues of €1.16 billion in the first half, a 1.3 percent increase from €1.15 billion a year earlier. Domestic sales grew by 5.1 percent year-on-year to €924 million, while foreign sales declined by 11 percent to €242 million, according to the German footwear and leather ...
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ArticleInditex enjoys a strong start to the autumn/winter season
In the first half ended July 31, Inditex posted sales of €18.4 billion, up by a reported 1.6 percent year-on-year and 5.1 percent higher at constant currencies. The Spanish fashion retailer, which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, added that its autumn/winter collections were well-received, ...
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ArticleItalian footwear manufacturers revenues drop by 5.6% in first half of 2025
In the first half of 2025, revenues of Italian footwear manufacturers fell by 5.6 percent year-over-year, according to a survey carried out in July by Confindustria Accessori Moda among members of the Italian footwear association Assocalzaturifici. The report, however, showed signs of improvement as the decline in the second quarter ...
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ArticleFoot Locker reshuffles its top management
Foot Locker is undergoing a management reshuffle after being taken over by Dick’s Sporting Goods, Inc. (DKS). DKS announced the completion of the acquisition on Sept. 8. Under the new structure, DKS’ Executive Chairman Ed Stack will lead the global Foot Locker businesses to accelerate business momentum and implement targeted ...
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ArticleCaleres’ earnings, sales fall in Q2 on declining sales and margins
Caleres saw its earnings fall sharply in the second quarter of its fiscal year as sales continued to decline and margins were squeezed due to US import tariffs, added inventory reserves and higher clearance promotions at its Famous Footwear chain. Given the continued uncertainty tied to tariffs, Caleres said it ...
