Global Footwear & Leather Stock Pulse
Week Ending October, 10,2025
📊 Market Snapshot
The global footwear and leather sector saw a slight uptick this week, with the Footwear & Accessories Index rising 0.28%, lagging the S&P 500’s 0.40% gain. Luxury and premium brands led gains amid strong demand, while tariff uncertainties continued to pressure export-heavy players in Asia and India.
🚀 Top 10 Weekly Movers
|
🥇 |
Company |
Ticker |
Region |
Weekly Change |
YTD Return |
Key Driver |
|---|---|---|---|---|---|---|
|
1 |
Tapestry |
TPR |
USA |
+6.5% |
+62.30% |
Luxury handbag and footwear rebound, new 52-week high |
|
2 |
On Holding |
ONON |
Switzerland |
+5.2% |
+45.67% |
Strong athletic footwear sales growth |
|
3 |
Birkenstock |
BIRK |
Germany |
+4.8% |
+12.45% |
Profit beat and full-price demand surge |
|
4 |
Deckers Outdoor |
DECK |
USA |
+3.9% |
+28.76% |
Robust Q3 margins from HOKA and UGG |
|
5 |
Mirza International |
MIRZAINTL.NS |
India |
+3.5% |
+35.20% |
Budget boosts for leather exports |
|
6 |
Mayur Leather Products |
MAYUR.NS |
India |
+3.2% |
+31.67% |
Tariff shifts favoring Indian suppliers |
|
7 |
Relaxo Footwears |
RELAXO.NS |
India |
+2.8% |
+14.50% |
Steady domestic demand and policy incentives |
|
8 |
Pou Chen Corp |
9904.TW |
Taiwan |
+2.5% |
+25.12% |
OEM contracts amid supply chain resilience |
|
9 |
Wolverine World Wide |
WWW |
USA |
+2.1% |
+28.33% |
Saucony brand momentum into 2025 |
|
10 |
Adidas |
ADS.DE |
Germany |
+1.7% |
+10.23% |
Currency-neutral revenue growth |
🌍 Regional Roundup
🇺🇸 North America
- Nike (NKE): -1.2% this week, -12.45% YTD as earnings loom
- Crocs (CROX): +0.5% this week, -19.67% YTD; undervalued P/E signals potential rebound
- Deckers (DECK): +3.9% this week, +28.76% YTD on premium outdoor strength
🇪🇺 Europe
- Adidas (ADS.DE): +1.7% this week, +10.23% YTD on brand recovery
- Birkenstock (BIRK): +4.8% this week, +12.45% YTD; recent rally hints at fair value shift
🇨🇳 Asia
- Huali Industrial: +2.0% this week, +17.34% YTD on export volume
- Pou Chen: +2.5% week, +25.12% YTD benefiting from global OEM ties
🇮🇳 India
- Bata India (BATAINDIA.NS): +1.5% this week, +13.89% YTD
- Relaxo Footwears: +2.8% week, +14.50% YTD on budget tailwinds
- KICL: Flat week, +10.20% YTD; monitoring tariff impacts
👜 Leather Lens
Global leather prices edged up 1.5% amid U.S. tariffs hitting 80% of exports from key players like India and China, shifting opportunities to alternatives like Bangladesh. India’s leather goods market is projected to grow at 6.37% CAGR through 2033.
📣 Investor Insights
Birkenstock’s Q3 profit exceeded estimates on premium pricing power. On Holding maintains strong growth trajectory despite sector headwinds. Sector watches sustainability trends and tariff ripple effects on jobs.
🔮 What to Watch Next Week
- Adidas Q3 earnings release
- Sneaker drops like Nike Air Max collaborations
- U.S. tariff updates on leather imports; Italian leather sector forecasts for 2025
✍️ Closing Note
As luxury shines and tariffs test resilience, the footwear and leather sector steps into Q4 with cautious optimism. Catch next Friday’s pulse—subscribe for your weekly edge!
