29 April 2025
Highlights
World
Germany Retail: hope rests on the ability of retailers to weather gloomy circumstances
Apr 28, 2025 / Germany
In a landscape where e-commerce is in a league of its own, footwear retailers continue to struggle to regain sales growth, even against the backdrop of overall retail performance. And low inflation in the sector is actually indicative of low demand, not consumer confidence. Indeed, the data shows that consumers remain far more pessimistic than retailers, and a renewed rise in the propensity to save is clouding the overall picture. Given the volatile global trading environment, hope rests on the ability of retailers to weather these gloomy conditions
World
SECOND CALL: Join the 12th edition of the World Footwear Business Conditions Survey
Apr 22, 2025 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
Companies
Hermès continues to expand its production capacity
Apr 28, 2025 / France
With the opening of a new leather workshop in Normandy, which will ultimately create 260 new jobs for craftsmen, the French luxury group is reaffirming its commitment to expanding its production capacity
World
Portugal exports high-tech footwear to the world
Apr 29, 2025 / Portugal
Birkenstock, Burberry, Columbia, Hermès and Nike are some of the brands that use Portuguese high technology in their production. It’s a reality that will deepen over the next few years due to major investments being made as part of the FAIST mobilisation agenda
Companies
Stella Holdings sees volume growth but revenue decline
Apr 23, 2025 / Hong Kong
The Hong Kong-based footwear group reported volume growth of 3.4% but a 1.8% decline in manufacturing revenue due to increased sports orders. The company continues to diversify its manufacturing base
Companies
Yue Yuen issues profit warning
Apr 24, 2025 / Hong Kong
The Hong Kong-based manufacturing group has told its shareholders that it expects its profit attributable to owners to fall by no more than 25% as compared to 100 million USD in 2024
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Vietnam opens trade talks with the US over looming tariffs
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Gucci continues to be a drag on Kering’s performance
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