Tag: Footwear

Nigeria’s Textile Industry Runs at Just 53% Capacity in 2025 Amid Growing Import Ban Debate

Nigeria's textile, apparel, and footwear manufacturers operated at only 53.05 percent of their installed capacity in 2025, leaving nearly half of their productive potential...

Karl Mayer Inaugurates New Textile Innovation Center to Drive Footwear Advancements

Karl Mayer has officially opened its new Textile Innovation Center at its headquarters in Obertshausen, Germany. This 7,500-square-meter facility is designed to serve as...

Karl Mayer Advances Footwear Production with New Double-Bar Raschel Technology

The Karl Mayer Group has announced an expansion of its DJ series of double-bar raschel machines, specifically targeting the evolving requirements of the global...

Adidas Achieves Record Quarterly Revenue in Q2 2026

For the quarterly period concluding June 30, 2026, Adidas announced net sales of €6.7 billion, approximately $8.90 billion. This performance represents a 13 per...

Coats PLC Navigates Market Headwinds with Resilient H1 2026 Financial Performance

Coats PLC, a leading global industrial thread and footwear component manufacturer, has reported robust financial results for the six months ending June 30, 2026....

United States Imposes 25% Duties on Brazilian Footwear Following Section 301 Investigation

The United States government has officially announced the implementation of new 25% tariffs on footwear imported from Brazil, scheduled to take effect on July...

European Union Implements Ban on Disposal of Unsold Clothing and Footwear

A significant prohibition on the destruction of unsold apparel and shoes became effective across the European Union this past Sunday. This legislative action represents...

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