All Article articles – Page 2
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ArticleDr. Martens to hike US prices as impact of tariffs revealed
Dr. Martens said it would take a multi-million pound hit from US tariffs, forcing it to raise prices in the American market. The British footwear company said it expected tariffs to be in the high single-digit range but would be offsetting roughly half of this through price hikes. It had ...
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ArticleWormland files for insolvency again
Just over a year after emerging from bankruptcy, the German men’s fashion retailer Wormland has once again filed for insolvency with the Osnabrück District Court. Despite the filing, business operations will continue while the company seeks new investors, said the provisional insolvency administrator, Stephan Michels. All nine stores – ...
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ArticleShoe Carnival sees Q4 sales down 3%, looks ahead to ‘inflection year’ as rebranding progresses
Shoe Carnival said it expects to post sales in the fourth quarter of fiscal year 2025 of $240-270 million, at its midpoint down by 3 percent compared to the year earlier and in line with its third quarter performance. The footwear retailer said that its sales guidance, with sales seen ...
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ArticleWortmann plans management changes for Tamaris over next two years
The German footwear manufacturer and distributor Wortmann Group is preparing for the renewal of its leadership team for its key Wortmann KG unit, which manages the Tamaris brand, over the next couple of years, built on internal succession and long-standing company experience. ”Over the past decades, Horst Wortmann, the ...
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ArticleASF 4.0 launches its Portuguese 'megafactory' after raising fresh cash
Advanced Shoe Factory 4.0 (ASF 4.0), a unit of the French textile producer Chamatex Group, said that it is proceeding with the launch of a “megafactory” in Portugal with the goal of producing 1.5 million pairs of sports shoes annually from 2030. The project is part of ASF 4.0’s ambition ...
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ArticleCrocs names a new head for Heydude
Crocs has promoted Rupert Campbell to Executive Vice President and President of the Heydude brand, effective Nov. 17. He joins the executive leadership team and reports directly to Andrew Rees, the Chief Executive Officer of the US footwear group. Campbell joined the Crocs group in March 2025 as Senior Vice ...
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ArticleANWR appoints a new Managing Director for its shoe division
The German buying group ANWR has named Désirée Orlowski as the new Managing Director of its footwear division, ANWR Schuh. The retail expert succeeds Patrick Gottesleben, who left the company at the end of August, and will lead the unit alongside fellow managing director Astrid Heinze. Under the new ...
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ArticleGeox’s sales decline accelerates in Q3
Geox’s sales decline picked up in the third quarter of 2025 and is expected to accelerate in the last quarter of the year, prompting the Italian company to cut its full-year revenues guidance. In the first nine months of 2025, Geox posted sales of €492.8 million, down by 6.2 percent ...
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ArticleShoe Carnival to change name to Shoe Station
Shoe Carnival’s board unanimously voted to change the corporate name of the US footwear retailer to Shoe Station Group. The decision still has to be approved by shareholders at the annual general meeting scheduled in June 2026. ”We are building a simpler, more efficient company with one team, one infrastructure, ...
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ArticleBirkenstock wins a copyright lawsuit in the Netherlands against Scapino
Birkenstock said that the District Court of Midden-Nederland, located in the Dutch town of Utrecht, has ruled in its favor a copyright case against the local shoe retailer Scapino. The German company said that the decision ”stands out” because the German Federal Court of Justice (BGH) ruled in February ...
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ArticleYue Yuen posts higher footwear manufacturing revenues
In the first nine months of 2025, Yue Yuen posted a 1.0 percent decrease in overall revenues to $6.017 billion, because of weak sales at its retail division Pou Sheng. Meanwhile, revenues relative to the Hong Kong company’s footwear manufacturing activity increased by 4.6 percent year-over-year to $3.956 billion. Sales ...
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ArticleCoats’ footwear division posts 4% drop in revenues
Coats Group, the British manufacturer of industrial threads and footwear components, has reported that in the four-month period running from July 1 to Oct. 31 revenues at its Footwear division fell by 4 percent year-over-year at constant exchange rates, reflecting a ”cautious customer ordering patterns given the ongoing market uncertainty.” ...
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ArticleMetro Brands launches the sport performance format MetroActiv
The Indian footwear retailer Metro Brands is expanding into the sports performance segment with a new concept, called MetroActiv. ”Following the successful introduction of global athleisure and lifestyle brands such as Foot Locker, Fila, and New Era, Metro Brands Limited now expands its portfolio into the sports performance segment with ...
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ArticleBirkenstock to open a new production facility in Germany
Birkenstock is set to open a new manufacturing plant in Wittichenau, in the Saxony region, dedicated to the production of its signature cork-latex footbeds. The company has acquired the former Maja furniture factory in the Brischko district for around €18 million. The 78,000-square-meter production and logistics complex has been ...
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ArticleAllbirds expects sales to stop falling in Q4
Allbirds has confirmed it expects the sales contraction it has seen this year to end in the fourth quarter, when it is forecasting that revenues could rise by as much as 9 percent. “In the near term, we believe we are well positioned to drive improved topline trends in the ...
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ArticleWolverine grows in Q3 as Saucony, Merrell and Sweaty Betty drive momentum
Saucony sprinted, Merrell climbed – and Wolverine Worldwide followed suit: thanks to strong demand for products from its lead brands, the group significantly increased its sales and profits in the third quarter of 2025. The running shoe brand, the outdoor specialist and the premium activewear brand Sweaty Betty were among ...
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ArticleZalando Q3’s revenues surge with About You acquisition
Zalando reported third-quarter revenues of €3.02 billion, a 26.5 percent year-on-year increase, driven by the consolidation of About You and solid performance in its sportswear and lifestyle categories. On a pro-forma basis, as if About You had been part of the group in the prior year, revenues grew by 7.5 ...
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ArticleSteve Madden sees improving financial results after tariffs hit Q3
Steve Madden expects to deliver stronger financial results in the fourth quarter, after “substantial pressure” on both sales and earnings in the third quarter of 2025 from new tariffs on goods imported into the US. “Fortunately, while we continue to see negative impacts from tariffs, we believe the worst is ...
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ArticleWeyco’s Q3 sales, earnings fall as price increases don’t keep up with volume decline, tariff impact
Weyco’s sales in the third quarter of 2025 inched down by 2 percent to $74.3 million, as selling price increases did not entirely offset a 7 percent decline in volumes attributed to reduced business with one large customer. Weyco noted that this customer had failed to adopt its new pricing ...
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ArticlePrimark could be spun off by its parent company
Associated British Foods (ABF) is mulling a split of its Primark and global food businesses under a review of its group structure, as it looks to unlock value in a tough consumer environment. ABF’s Chief Executive, George Weston, said the group’s “unique and exceptional food business” had been “less well ...
