27 May 2025
Highlights
World
Japan Retail: renewed optimism for footwear demand?
May 27, 2025 / Japan
Japan’s retail landscape is transforming, driven by the strong performance of the online channel. Despite overall inflationary pressure, retail sales as a whole and footwear imports are on an upward trend, boosted by a weaker US dollar against the yen. With footwear prices finally showing signs of recovery, there is cautious optimism for renewed demand in the short term, even as rising interest rates weigh on consumer confidence
Events
Torben Schütz (HDS/L): the Barefoot European Shoe Fair is the beginning of a success story
May 26, 2025 / Germany
We spoke to Torben Schütz, Deputy Managing Director at the Federal Association of German Footwear and Leather Goods Industry, to learn more about the upcoming Barefoot European Shoe Fair, the first of its kind in Europe. The preview takes place in the summer in Offenbach, close to Frankfurt
World
Trump threatens to impose a 50% tariff on EU goods
May 26, 2025 / United States
On Friday, US President Donald Trump used social media to threaten a 50% tariff on European Union (EU) imports from the 1st of June, reigniting fears of a trade war. After a weekend call, he agreed to delay it until the 9th of July
Companies
Under Armour reports fourth quarter and full year 2025 results
May 23, 2025 / United States
The Baltimore-based company reported a decline in fourth quarter revenue across geographies and segments, but an increase in gross margin, as it continues to reposition the brand for long-term growth
World
VETting Green: an online course to tackle greenwashing in the apparel and footwear sectors
May 27, 2025 / Portugal
As part of the Erasmus+ VETting Green project, partners from Portugal, Spain, Italy and Greece have developed an online course aimed at tackling greenwashing and promoting genuine sustainability practices within the footwear and apparel sectors
Companies
Yue Yuen revenue up, but profits down
May 23, 2025 / Hong Kong
The Hong Kong-based group saw revenue rise in the first quarter, but profits declined due to uneven production, lower efficiency and rising labour costs, as well as a volatile retail environment in Mainland China
World Footwear Events
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May 28-May 31, 2025 | Casablanca- Morocco
Morocco FashionTex Style
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May 28-May 30, 2025 | Guangzhou- China
GISMA Guangzhou
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Jun 2-Jun 6, 2025 | New York- United States
FFANY Market Week
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Authentic Brands Group expands its portfolio with Dockers acquisition
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Weak Asia Pacific demand drags down Ferragamo’s first quarter revenue
May 22, 2025
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