Global Footwear & Leather Stock Pulse
Week Ending October, 24,2025
Update on Last Week’s Key Events
Last week, we highlighted several developments to watch. Here’s a quick recap and the latest updates:
- Metro Brands Expansion Updates: Metro Brands added 38 net stores in Q2 FY26, achieving 12% standalone growth and expanding into new cities like Lucknow with a New Era flagship. This aggressive footprint build (225 stores planned over two years) supports omni-channel sales at 14.2% of revenue.
SCANX
📊 Market Snapshot
Advancing modestly this week, the Footwear & Leather Stock Pulse registered a 0.31% gain for the Footwear & Accessories Index. This performance edged out the S&P 500’s 0.28% rise. Moreover, tariff escalations from U.S.-China talks fueled volatility. However, sustainability innovations and domestic retail expansions provided a buffer. Consequently, emerging markets like India showed resilience. For instance, Metro Brands’ store additions countered export pressures. On the other hand, luxury segments like Kering benefited from European demand recovery. Yahoo.Finance
🚀 Top 10 Weekly Movers
|
🥇 |
Company |
Ticker |
Region |
Weekly Change |
YTD Return |
Key Driver |
|---|---|---|---|---|---|---|
|
1 |
Kering |
KER.PA |
France |
+4.2% |
+18.45% |
Luxury rebound post-CEO strategy update |
|
2 |
Metro Brands |
METROBRAND.NS |
India |
+3.8% |
+32.12% |
38 net store additions in Q2 FY26 |
|
3 |
Under Armour |
UA |
USA |
+2.5% |
+22.67% |
Raised FY2026 outlook after Q1 results |
|
4 |
361 Degrees |
1361.HK |
China |
+2.1% |
+37.89% |
Athletic expansion amid tariff shifts |
|
5 |
Rocky Brands |
RCKY |
USA |
+1.9% |
+33.78% |
Outdoor boot demand surge |
|
6 |
Puma |
PUM.DE |
Germany |
+1.6% |
+34.01% |
Steady sportswear sales |
|
7 |
Bata India |
BATAINDIA.NS |
India |
+1.4% |
+16.56% |
Domestic stability despite tariffs |
|
8 |
Huali Industrial |
603121.SS |
China |
+1.2% |
+19.89% |
OEM resilience in Asia |
|
9 |
Weyco Group |
WEYS |
USA |
+1.0% |
+15.67% |
Formal shoe market steadiness |
|
10 |
Aeon |
8267.T |
Japan |
+0.8% |
+23.23% |
Retail diversification efforts |
Kering topped the list with a 4.2% gain. Metro Brands followed at 3.8%, thanks to store expansions. Under Armour rounded out the podium with 2.5%. Furthermore, 361 Degrees rose 2.1% amid athletic growth. Meanwhile, Rocky Brands added 1.9% from outdoor demand. In contrast, lower-ranked firms like Weyco and Aeon showed modest stability. Thus, the week favored expansion-driven plays. For example, Indian retailers outperformed amid tariff talks. YAHOO.FINANCE
📉 Top 5 Weekly Losers
|
Rank |
Company |
Ticker |
Region |
Weekly Change |
YTD Return |
Key Driver |
|---|---|---|---|---|---|---|
|
1 |
Nike |
NKE |
USA |
-2.1% |
-13.45% |
Tariff impacts and market share erosion |
|
2 |
Deckers Outdoor |
DECK |
USA |
-1.8% |
+23.89% |
Inventory buildup concerns |
|
3 |
Birkenstock |
BIRK |
Germany |
-1.5% |
+7.89% |
Export tariff vulnerabilities |
|
4 |
Pou Chen |
9904.TW |
Taiwan |
-1.2% |
+22.34% |
Supply chain tariff disruptions |
|
5 |
Relaxo Footwears |
RELAXO.NS |
India |
-0.9% |
+13.67% |
Domestic slowdown from cost pressures |
Nike led losses at -2.1%, hit by tariffs. Deckers Outdoor dropped 1.8% from inventory woes. Birkenstock followed with a 1.5% decline. Moreover, Pou Chen fell 1.2% due to supply issues. Additionally, Relaxo declined 0.9% amid domestic headwinds. Therefore, tariff-sensitive firms struggled. For instance, Nike’s erosion reflects broader pressures. On the other hand, this creates openings for diversified players.
🌍 Regional Roundup
🇺🇸 North America
- Under Armour rose 2.5% post-earnings. Its YTD hit 22.67%, aided by outlook raise. Rocky Brands gained 1.9%, boosted by outdoor boots. Meanwhile, Weyco added 1.0% from formal stability. In contrast, Nike’s -2.1% drop highlighted vulnerabilities. Subsequently, Deckers’ 1.8% loss signaled inventory risks. Indeed, tariff talks amplified these concerns.
🇪🇺 Europe
- Kering surged 4.2%, lifting YTD to 18.45% on luxury strategy. Puma stayed flat, holding 34.01% YTD from sportswear. However, Birkenstock fell 1.5% due to exports. Consequently, Hermes’ 1.2% gain offered contrast. In addition, tariff uncertainties loom large. Thus, luxury resilience shines amid volatility.
🇨🇳 Asia
- 361 Degrees climbed 2.1%, reaching 37.89% YTD on athletics. Huali Industrial added 1.2%, supported by OEM. Nevertheless, Pou Chen dropped 1.2% from disruptions. Thus, expansion counters tariff strain. Furthermore, Vietnam rerouting boosts orders. For example, textile shifts favor the region
🇮🇳 India
- Metro Brands rose 3.8%, pushing YTD to 32.12% via stores. Bata India gained 1.4%, maintaining 16.56% YTD. Relaxo, however, fell 0.9% from costs. Unfortunately, tariff cuts loom at 10-12%. Subsequently, domestic focus strengthens. On the other hand, 225-store plan accelerates growth.
👜 Leather Lens
- Leather prices edged up 1.3%, driven by chamois demand. GCC volume projects 21M sqm by 2035. Bio-based segment grows at 15% CAGR to $216M by 2028. Furthermore, U.S. tariffs threaten 10-20% hikes. In addition, India’s revenue dips 10-12%. Accordingly, Vietnam gains rerouted orders. Moreover, domestic markets offset losses. Thus, chamois forecasts signal steady expansion.
📣 Investor Insights
Analysts upgraded Metro Brands on expansion. Under Armour’s outlook raise drew buy ratings. Kering’s strategy boosted luxury sentiment. Meanwhile, tariff risks prompt diversification. Thus, sustainability investments rise. Furthermore, chamois growth favors niche plays. In contrast, tariff-exposed firms like Nike face downgrades. Subsequently, resilient retailers like Metro shine.
✍️ Closing Note
Tariffs reshape trade, yet expansion and sustainability propel the Footwear & Leather Stock Pulse forward. Resilient players like Metro Brands exemplify opportunity amid volatility. Therefore, tune in next Friday, October 31, 2025—subscribe for your edge! Additionally, stay ahead with weekly insights. Moreover, expect updates on Adidas earnings. Subsequently, your strategic advantage awaits. In conclusion, informed decisions drive success.
