LVMH posts slight organic sales growth in Q4
LVMH’s fashion and leather goods division posted revenues of €41.060 billion in 2025, down by a reported 8 percent year-over-year and down by 5 percent organically. Profit from recurring operations for the division fell by 13 percent to €15.230 billion.
VF Corp’s outdoor brands drive Q3 gains as transformation advances
VF Corp returned to modest growth in Q3 FY26 as TNF and Timberland delivered solid gains, helping offset continued weakness at Vans and supporting margin expansion and debt reduction.
H&M posts a higher operating profit in Q4
H&M Hennes & Mauritz posted an operating profit of SEK 6.364 billion (€603m) in the fourth quarter ended Nov. 30, up by 38 percent from the year earlier, a result the company attributed to an improved customer offering, an improved gross margin and good cost control.
Dr. Martens sees flat sales as pivot to full pricing continues
Dr. Martens has forecast flat full-year revenue after a fall in third-quarter sales, as it faces continuing challenges in the UK and US with cost-conscious consumers reluctant to pay full price for its iconic footwear and tariffs weighing on costs.
Ferragamo posts DTC sales growth in Q4
Salvatore Ferragamo’s sales in the fourth quarter of 2025 fell by a reported 3.2 percent year-over-year, and by 2.0 percent at constant exchange rates, to €282 million due to a decline in the wholesale channel. However, direct-to-consumer (DTC) sales grew by 6.3 percent at constant rates marking an acceleration from ...
Debenhams upgrades its guidance
Debenhams Group, which previously traded under the Boohoo name, said it is trading above expectations and adjusted Ebitda for total operations in the current year is now forecast to be £50 million (€57.7m) for the full year ending Feb. 28.
German consumer confidence improves but remains low
German consumer confidence is estimated to improve in February, rising to -24.1 from -26.9 in January, according to the GfK Consumer Climate, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM).
Patricia Nash Designs enters footwear partnership with El Roma Consulting
Patricia Nash Designs, a vintage-inspired US brand known for its leather handbags and accessories, has entered a partnership with El Roma Consulting to support the expansion of its women’s footwear collection.
EU and India conclude negotiations for free trade agreement
The European Union and India have concluded negotiations for a free trade agreement, marking the largest such deal ever concluded by either side.
Anta Sports buys a 29.06% stake in Puma for €1.5bn
Anta Sports Products has reached an agreement with Groupe Artémis, the investment company of the Pinault family, to acquire a 29.06 percent stake in the German sportswear group Puma.
Norda and Gnuhr launch the Gnorda collection
Canadian performance footwear brand Norda and Paris-based design label Gnuhr announced the launch of Gnorda, a collaborative 10-piece collection spanning trail running footwear, recovery footwear and technical apparel. The collection will be released globally on Jan. 29 via both brands’ direct-to-consumer platforms. More in our sister publication Outdoor Industry ...
Bureau Veritas buys Italy’s Spin360
Bureau Veritas, a French testing, inspection and certification services group, has acquired Spin360, an Italian consulting firm specialized in sustainable innovation and development for fashion and luxury brands.
Esgano appoints a new Customer Care and Sales Manager
German shoe manufacturer Esgano has appointed a new Head of Customer Care and Sales Management.
German trade association BTE appoints new Managing Director
The German textile, footwear and leather goods trade association, BTE, has appointed a new Managing Director as part of an internal restructuring.
Trump threatens trade tariffs against Canada
The US President, Donald Trump, has threaten to impose a 100 percent tariff on Canadian imports it its northern neighbor signs a trade agreement with China.
Pakistani’s SGFL forms joint venture with China’s Golden Star Footwear Group
Service Global Footwear Limited (SGFL), Pakistan’s largest footwear exporter, has entered into a joint venture agreement with Golden Star Footwear Group Limited, a Chinese company, to establish a manufacturing and export project for non-leather footwear in Pakistan.
Mephisto USA’s CEO steps down
Rusty Hall is stepping down as President and CEO of Mephisto USA after 15 years running the American unit of the French brand. The move marks “the conclusion of a distinguished 50-year career in the footwear industry,” the company commented.
Caleres’ CFO steps down
Caleres’ Chief Financial Officer, Jack Calandra, will leave the US footwear group at the end of January to pursue other opportunities. ”His departure is not related to any disagreement with the company,” Caleres highlighted in a statement.
Next buys UK shoe retailer Russell & Bromley for £2.5m
Next is buying the struggling footwear chain Russell & Bromley in a £2.5 million (€2.87m) pre-packaged bankruptcy deal that puts 33 shops and 440 jobs at risk.
German consumers turn to Temu and Shein amid financial pressure
Economic pressure is a decisive factor for German shoppers, who continue to turn to discount platforms such as Temu and Shein despite persisting concerns over product quality and safety, surveys by the federal association of e-commerce and mail order trade, BEVH, show.