13 May 2025
Highlights
World
UK Retail: the sector appears to be holding its own
May 13, 2025 / United Kingdom
The UK retail sector appears to be holding its own despite fears of increased costs as a result of the new Employment Rights Bill. In particular, retail sales of Textile, Clothing and Footwear (TCF) have risen back-to-back in the first quarter of the year, and the improvement in footwear inflation from negative to neutral in March may suggest a boost to demand. Although consumers aren’t exactly optimistic about the future, especially with new rising bills and the ongoing US trade war, retailers still have reasons to restock
World
US strikes deal with UK, cuts China tariffs for 90 days
May 12, 2025 / United States
The US will reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free. It will also lower tariffs on Chinese goods from 145% to 30% for 90 days.
Events
Bangladesh’s leather sector to focus on a visible, vocal and responsible strategy
May 8, 2025 / Bangladesh
“It’s our time to be visible, vocal and responsible” was the main outcome of a roundtable hosted by sector-focused knowledge platform Footwear Exchange to mark World Leather Day 2025
Companies
Zalando reiterates full year guidance
May 8, 2025 / Germany
The fashion online retailer has reported a strong first quarter with growth in revenue and profits. As a result, it has confirmed its full year outlook despite the challenging macroeconomic environment
Companies
Portuguese footwear steps onto the MET Gala stage
May 12, 2025 / Portugal
Portuguese footwear made its debut at the MET Gala as musician Maluma and designer Willy Chavarria walked the world’s most famous red carpet in Carlos Santos shoes
Companies
Crocs withdraws full year outlook amid volatile macroeconomic environment
May 9, 2025 / United States
The US-based company, best known for its clogs, has reported “better-than-expected” fist quarter results. However, due to the current macroeconomic environment, it has decided to withdraw its full year outlook
World Footwear Events
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May 13-May 15, 2025 | Gramado- Brazil
SICC- Salão Internacional do Couro e do Calçado
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May 13-May 15, 2025 | Buenos Aires- Argentina
eXPOcaipic
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May 15-May 17, 2025 | Guangzhou- China
Inter Shoetec Guangzhou
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Companies
Skechers to be acquired by 3G Capital
May 7, 2025
Companies
Strong first quarter for the Prada group
May 7, 2025
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