All Article articles – Page 9
-
ArticleSpanish footwear exports flat in value in the first four months of 2025
In the first four months of the year, Spain exported 59.9 million pairs of shoes, down by 2.20 percent year-over-year, for a total of €1.193 million, up by 0.04 percent as the average price per pair increased by 2.20 percent to €19.92, according to data released by Fice, the Spanish ...
-
ArticleClarks’ profits fall again as consumers continue to rein in spending
Clarks reported lower annual profits for 2024 as headwinds from the prior year continued with challenging trading conditions persisting in the UK, Europe and the US and consumers seeking cheaper prices. Ebitda for the 12 months to Dec. 31 fell to £25.8 million (€30.1m) from £42.5 million a year earlier. ...
-
ArticleItalian footwear manufacturers revenues drop by 7.0% in Q1
In the first quarter of 2025, revenues of Italian footwear manufacturers fell by 7.0 percent year-over-year, according to a survey carried out in April and May by Confindustria Accessori Moda among members of the Italian footwear association Assocalzaturifici. Data on industrial production released by the national statistics office Istat painted ...
-
ArticleUS and China reach a trade framework deal
The US and China have reached a trade framework deal aimed at facilitating rare earth exports to the US and lifting restrictive measures against Beijing, according to a statement released by China’s ministry of commerce on June 27. The economic and trade teams of the two countries held economic and ...
-
ArticleClarks enters a strategic partnership with Metro Brands in India
Clarks has entered a strategic partnership with Mumbai-based Metro Brands. Under the terms of a long-term distribution agreement, Metro Brands was appointed as Clarks’ exclusive retail and digital partner for India and neighboring countries including Bangladesh, Bhutan, Nepal, Maldives and Sri Lanka. Metro Brands will manage Clarks’ e-commerce operations in ...
-
ArticleHow Expo Riva Schuh is seeking to bolster the visitor’s experience
After the rebranding of Gardabags, the segment of the Italian trade fair Expo Riva Schuh and Gardabags that focuses on bags, Expo Riva Schuh has changed its logo, but maintained its claim “the fair that moves the world”, and will undertake an in-depth study to bolster the visitor’s experience and ...
-
ArticleH&M’s Q2 earnings above expectations
H&M Hennes & Mauritz posted lower sales and earnings in its second quarter, which ran from March 1 to May 31, due to foreign exchange headwinds and fewer stores. However, the bottom line was above market expectations. The Swedish affordable fashion retailer’s sales came in at SEK 56.714 billion (€5.01bn), ...
-
ArticleHavaianas changes distribution model in North America
Alpargatas has entered a supply and distribution agreement with Eastman Group, which becomes the exclusive distributor of Havaianas brand products in the US and Canada. With the agreement, Alpargatas, which owns the Havaianas brand known for its flip-flops, changes its business model in the two North American markets, moving from ...
-
ArticleSchuh Mücke to close Munich store amid sales drop
The German footwear and sporting goods retailer Schuh Mücke, part of the ANWR Group, continues its strategic repositioning and will close its Munich store in early 2026 amid declining sales. Schuh Mücke reported revenues of €101.8 million in 2024, down from €104.7 million in 2023, when sales briefly returned to ...
-
ArticleBata names Panos Mytaros as its new CEO
Bata, the Lausanne-based shoemaker, has appointed Panos Mytaros, the former head of Ecco, as its new Global Chief Executive Officer, effective Sept. 15. Mytaros replaces Sandeep Kataria who has led the company since 2020, when he took over from Alexis Nasard, who also ran Bata for about five years. “Sandeep ...
-
ArticleExpo Riva Schuh attracts 8,000 visitors
Expo Riva Schuh & Gardabags, the Italian trade show specializing in footwear, bags and accessories whose 103rd edition was held from June 14 to 17, 2025 in Riva del Garda, hosted more than 1,100 exhibitors and brands from 41 countries and attracted about 8,000 visitors from over 100 countries. ...
-
ArticleNice buys the upper maker Emmepier
Nice Footwear has bought Emmepier, an Italian producer of uppers for high-end women’s shoes located in Vigonza, in the footwear cluster of Riviera del Brenta, in the in Italy’s northeastern region of Veneto. No financial details were available. Nice Footwear, which was created in 2016, has been carrying out acquisitions ...
-
ArticleGlobal market for personal luxury goods seen declining by 2-5% in 2025
The global market for personal luxury goods is expected to decline by 2-5 percent this year after falling by 1 percent at current exchange rates to €364 billion in 2024, according to a report released by the consultancy Bain & Company in partnership with Altagamma, the Italian luxury goods ...
-
ArticleHeiko Hüdepohl takes over shoe distribution for s.Oliver
s.Oliver is overhauling its shoe and accessories sales strategy and operations. Starting with the spring/summer 2026 collection, Heiko Hüdepohl will be responsible for distributing the entire line of s.Oliver shoes and bags across Europe, working alongside a newly formed sales team, the German brand said in a statement. Since ...
-
ArticleANWR Group streamlines its structure
The German buying group ANWR launched a structural reform aimed at boosting efficiency by streamlining operations. At its annual general meeting on May 26, the cooperative’s members approved the merger of ANWR Garant International GmbH (AGI) into ANWR eG, a move designed to cut the number of subsidiaries by approximately ...
-
ArticleGörtz closes its last store in Hamburg amid ongoing insolvency turmoil
Görtz has closed its store in Hamburg’s Europa Passage, the last remaining shop in the hometown of the troubled German footwear retailer. Leftover stock from the closed store has been transferred to locations in Lübeck and Oldenburg, which remain operational. According to insolvency administrator Gideon Böhm, some staff will continue ...
-
ArticleKering names a new CEO
Kering’s board appointed Luca de Meo Chief Executive Officer as the French luxury goods group reorganizes its top management by separating the positions of Chairman and CEO, jobs currently held by François-Henri Pinault ”This governance structure is in line with best practices for major listed companies,” commented Kering. The ...
-
ArticleC-Suite interview: Velasca aims to double its store network by end 2028
In less than a year, Velasca, a Milan-based footwear and apparel retailer, has opened 10 shops, bringing the number of locations to 30 worldwide. By the end of 2028, the goal is to double that number to 60. After opening a third store in Paris and a second one in ...
-
ArticleLowa and Ecco close factories in Slovakia
The German outdoor footwear brand Lowa Sportschuhe GmbH and the Danish footwear brand Ecco are set to close their production facilities in Slovakia in the summer of 2025. The decisions raise questions about the future of the country’s footwear industry, which has been hampered in recent years by rising energy ...
-
ArticleDesigner Brands shifts focus to cutting costs, protecting margin after ‘soft start’ to 2025
Designer Brands said it was withdrawing sales and earnings guidance for the full year and shifting its focus to cutting costs, protecting margins and mitigating the impact of tariffs amid macroeconomic uncertainty, deteriorating consumer sentiment and a “soft start” to its fiscal year. The company, which owns the DSW chain, ...
