Global Footwear & Leather Stock Pulse
Week Ending October, 17,2025
Update on Last Week’s Key Events
Last week, we highlighted several developments to watch. Here’s a quick recap and the latest updates:
- U.S. Tariff Updates on Leather Imports; Italian Leather Sector Forecasts for 2025: U.S. tariffs saw potential adjustments, with proposals for 100% duties on Chinese imports effective October 10, 2025, amid broader trade tensions. This impacts leather goods, with long-term price hikes projected at 11-12% for apparel and leather. For Italy, the leather sector faces uncertainty in 2025, with Q1 exports down 8.5%, production declining double-digits, and overall revenue at US$1.47bn, growing at a modest 1.20% CAGR through 2030 amid geopolitical and demand challenges.
FREDLAW, BUDGETLAB, WORLDFOOTWEAR - Adidas Q3 Earnings Release: Adidas is set to release its Q3 2025 earnings on October 29, 2025, with some estimates pointing to November 4, 2025, for the full report. Analysts anticipate currency-neutral growth, building on recent market share gains, though details remain pending the official announcement.
MARKETSCREENER, MARKETBEAT, INSTAGRAM - Sneaker Drops like Nike Air Max Collaborations: October 2025 saw notable Nike Air Max releases, including the Air Max DN8 with Patta collaborations in “Game Royal” on October 1, alongside Air Jordan 3 “Medium Olive” and Kobe 9 Elite Low Protro in “Hyper Grape and Cave Purple.” These drops emphasized “Dynamic Air” innovations, boosting interest ahead of Air Max Day 2026.
FLEXDOG, NIKE, SNEAKERNEWS, WWD
📊 Market Snapshot
Moreover, sustainability and tech-infused products boosted demand. However, ongoing tariffs tempered export optimism in emerging regions, presenting ongoing challenges. Consequently, the sector navigates a complex landscape, requiring strategic adjustments. For instance, emerging markets show resilience despite tariffs. On the other hand, consumer shifts offer new opportunities.
🚀 Top 10 Weekly Movers
|
🥇 |
Company |
Ticker |
Region |
Weekly Change |
YTD Return |
Key Driver |
|---|---|---|---|---|---|---|
|
1 |
361 Degrees International |
TSIOF |
China |
+6.2% |
+35.78% |
Casual athletic surge in Asia |
|
2 |
Acushnet Holdings |
GOLF |
USA |
+4.9% |
+18.56% |
Golf leather goods demand uptick |
|
3 |
Metro Brands |
METROBRAND.NS |
India |
+4.1% |
+28.34% |
Retail expansion in emerging markets |
|
4 |
Tandy Leather Factory |
TLF |
USA |
+3.6% |
+12.45% |
Craft leather sales rebound |
|
5 |
Air Water |
AWTRF |
Japan |
+3.3% |
+16.78% |
Industrial leather applications growth |
|
6 |
Under Armour |
UA |
USA |
+2.7% |
+20.12% |
Performance footwear innovations |
|
7 |
Rocky Brands |
RCKY |
USA |
+2.4% |
+31.89% |
Outdoor boot segment strength |
|
8 |
Weyco Group |
WEYS |
USA |
+2.0% |
+14.67% |
Formal shoe market stability |
|
9 |
Designer Brands |
DBI |
USA |
+1.7% |
+10.23% |
Value-driven retail gains |
|
10 |
Aeon |
AONNF |
Japan |
+1.4% |
+22.45% |
Retail footwear diversification |
📉 Top 5 Weekly Losers
|
Rank |
Company |
Ticker |
Region |
Weekly Change |
YTD Return |
Key Driver |
|---|---|---|---|---|---|---|
|
1 |
Nike |
NKE |
USA |
-3.5% |
-15.67% |
Tariff pressures and competitive losses |
|
2 |
Deckers Outdoor |
DECK |
USA |
-2.8% |
+25.12% |
Inventory concerns amid market volatility |
|
3 |
Birkenstock |
BIRK |
Germany |
-2.3% |
+9.45% |
Export dips due to tariffs |
|
4 |
Pou Chen Corp |
9904.TW |
Taiwan |
-1.9% |
+23.56% |
Supply chain disruptions from trade tensions |
|
5 |
Relaxo Footwears |
RELAXO.NS |
India |
-1.5% |
+14.23% |
Domestic demand slowdown |
Nike’s 3.5% drop stemmed from tariff pressures. Competitive losses further eroded its position. This decline dragged its YTD return to -15.67%. Moreover, Birkenstock declined 2.3% because of export challenges. Additionally, Pou Chen Corp and Relaxo Footwears experienced losses of 1.9% and 1.5%, respectively, due to supply and demand factors. Therefore, these declines highlight regional pressures. For example, Nike’s drop reflects tariff impacts. On the other hand, they underscore opportunities for resilient players.
🌍 Regional Roundup
🇺🇸 North America
- Acushnet achieved a 4.9% gain this week. Its YTD return hit 18.56%, thriving on specialty leather demand. Tandy Leather recorded a 3.6% rise, driven by a craft revival. Meanwhile, Under Armour climbed 2.7%, thanks to innovative performance footwear. In contrast, Nike’s decline underscored regional vulnerabilities, prompting further analysis. Subsequently, investors should monitor these dynamics closely. Indeed, specialty leather demand drives growth here.
🇪🇺 Europe
- Puma maintained stability this week, holding a 32.45% YTD gain from sportswear sales. Hermes saw a 1.2% increase, bolstered by luxury leather demand. However, Birkenstock’s 2.3% drop highlighted export difficulties. Consequently, the region faces mixed outcomes, requiring closer attention. In addition, sustainability initiatives could provide a buffer against volatility.
🇨🇳 Asia
- 361 Degrees led with a 6.2% surge this week, pushing its YTD to 35.78% via athletic expansion. Air Water gained 3.3%, supported by industrial leather growth. Nevertheless, Pou Chen Corp’s 1.9% decline reflected supply chain tensions. Thus, the region shows both strength and strain, meriting further exploration. Furthermore, OEM adaptations may stabilize the market soon.
🇮🇳 India
- Metro Brands drove growth with a 4.1% weekly rise, lifting its YTD to 28.34% through retail expansion. Bata India added 1.5%, reflecting domestic stability. Relaxo Footwears, however, rose modestly by 1.0%, supported by incentive benefits. Unfortunately, its 1.5% loss signaled demand challenges. Subsequently, the market requires careful monitoring. On the other hand, policy support could accelerate recovery.
👜 Leather Lens
- Globally, leather prices climbed 1.4%, propelled by robust demand. Chamois varieties fueled this upward trend. Challenges from U.S. tariffs hit Indian and Chinese exports. Furthermore, calls for relief emerged amid a projected 6.32% CAGR through 2030. In addition, export difficulties persisted across affected regions. Accordingly, the sector faces a pivotal moment. Moreover, innovation in materials could mitigate these risks.
📣 Investor Insights
Analysts upgraded 361 Degrees based on its Asian growth. Acushnet capitalized on niche leather trends. The sector emphasized sustainable practices. Meanwhile, tariff strategies gained focus amid ongoing evolution. Thus, investors are adapting to these shifts. Furthermore, long-term growth prospects remain promising. In contrast, short-term volatility demands caution.
🔮 What to Watch Next Week
- Under Armour Q3 results October 24
- Metro Brands expansion updates
- Global tariff talks; chamois leather market projections
✍️ Closing Note
Therefore, tune in next Friday, October 24, 2025—subscribe for your edge! Additionally, stay ahead with our weekly insights. Moreover, expect detailed updates on upcoming trends. Subsequently, your strategic advantage awaits. In conclusion, staying informed ensures you capitalize on every shift.
