Tag: Footwear

Nigeria’s Textile, Apparel and Footwear Sector Contracts for Ninth Straight Quarter in Q2 2026

Nigeria's textile, apparel and footwear subsector has recorded its ninth consecutive quarter of negative real growth, declining by 1.23% year-on-year in Q2 2026, according...

Zotefoams Faces Backlash Over Plans to Cut 100 Croydon Jobs and Move Manufacturing to Vietnam

Zotefoams, a UK-based foam products manufacturer headquartered in Croydon, is facing significant union pressure after campaign group GMB alleged that the company is planning...

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....

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