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!
