EU 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 ...
EU scales back corporate sustainability rules
EU lawmakers reached a political agreement on Dec 9 to significantly scale back corporate sustainability and due diligence obligations under the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). The deal was concluded during a trilogue between the European Commission, Parliament and Council.
Caleres 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 ...
Designer 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.
OrthoLite hires a Country Manager for Indonesia
OrthoLite has hired Marco Grott to serve as Country Manager for Indonesia, which COO Richard Bevan calls a “critical market” for the company. Grott will be handling overall operations and business strategy and helping OrthoLite to expand its local-for-local manufacturing.
Wortmann 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.
Sabu promotes Lisa Weinrank to Head of Marketing & Consumer Experience
The German shoe retail cooperative Sabu has appointed Lisa Weinrank as its new Head of Marketing and Consumer Experience, effective Dec. 1, according to a statement. The marketing expert succeeds Albrecht Kersten, who had been appointed to the role in December 2024.
Alohas opens a store in Copenhagen
The Spanish footwear and clothing brand Alohas has opened a store in Copenhagen as it continues its international expansion.
Toms hires a new Chief Commercial Officer
Toms has hired Katie Wagner, a former Crocs and Heydude executive as its Chief Commercial Officer. She will oversee the brand’s global sales channels, including wholesale sales and operations, e-commerce and marketplaces.
Skechers President Michael Greenberg enters the Footwear News Hall of Fame
Skechers’s co-founder and President, Michael Greenberg, has been inducted into the Footwear News 2025 Hall of Fame.
RG 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).
Baffin promotes Jessica Liut to Vice President, Marketing
Baffin, a Canadian brand of high-performance footwear and apparel founded in 1979, has promoted Jessica Liut to the position of Vice President, Marketing. ”This advancement represents a deserved recognition of leadership, and a strategic reinforcement of Baffin’s ongoing focus on brand growth, market expansion, and enhanced integration across commercial teams,” ...
Humanoid robots seen deployed globally over the next 5 years
Humanoid robots are set to be deployed globally in commercial applications across a range of industries over the next five years, according to the Japanese investment bank Daiwa.
Pantone names Cloud Dancer as 2026 color of the year
Pantone has revealed its 2026 colour of the year: Cloud Dancer, a soft white hue described as “billowy” and “balanced”. The announcement marks the first time the colour authority has selected white since it began naming annual trend-setting shades in 1999.
Decathlon to launch Kiprun in the US
Decathlon will introduce its running brand Kiprun to the US market in April 2026, with initial distribution through specialty partners such as Running Warehouse and Run Moore. Lynsey Lambert, GM of wholesale for the Americas, will oversee the rollout. The lineup will launch with three franchises: Kipride for everyday ...
Klarna rolls out Tap to Pay
Klarna on Dec. 3 introduced Tap to Pay, a new in-store checkout feature that allows consumers in 14 European countries to make contactless purchases directly through the Klarna app. The launch turns the app into a full NFC-enabled wallet, enabling users to pay in debit mode or set up flexible ...
Thirtheen brands asked to provide supply chain information to the Italian police
The Italian police visited 13 brands and asked them to provide documentation regarding their governance and the control of their supply chains as part of an investigation into alleged worker abuse at subcontractors, the Reuters news agency reported citing judicial documents.
HongShan Capital reportedly makes €2.5bn offer for Golden Goose
The Chinese fund HongShan Capital has made a €2.5 billion offer to buy Golden Goose, with the objective of signing a deal by Christmas, according to the Italian daily La Repubblica. If confirmed, the transaction would mark the fifth change of ownership in 12 years for the Italian sneaker ...
Genesco 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.
Giseli Dias enter retail partnership with Printemps New York
Giseli Dias started an exclusive retail partnership with Printemps New York. The initiative marks a “major milestone in the brand’s international growth,” the Brazilian luxury footwear brand commented.