All E-Commerce & DTC articles – Page 2
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News briefs
Genesco signs a licensee agreement with Wrangler
Genesco has signed a new multiyear licensing agreement with Wrangler, a US denim and lifestyle brand, under which the American footwear retailer will design, source and market men’s, women’s and children’s footwear under the Wrangler brand. “The agreement between Wrangler and Genesco is a strategic move for both companies, designed ...
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ArticleC-Suite interview: Blusun enters second year looking to ramp up sales, expand outside of Europe
When Dirk Pfeffer and Silvia Brindlmayer set up their barefoot footwear brand Blusun last year, they knew what they wanted and what they did not. At the heart of their vision were shoes featuring high quality materials, reasonable prices and a sustainable and socially responsible supply chain. Pfeffer and Brindlmayer ...
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News briefsSperry reenters the British and Irish markets
Authentic Brands Group (ABG) signed an agreement with Gardiners Bros, a British distributor of global footwear and apparel brands, for the distribution of Sperry footwear for men and women across the UK and Ireland. “This partnership reintroduces the brand to a market where it holds strong awareness and affinity, supporting ...
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Giseli Dias launches in the US
Giseli Dias, a Brazilian-born, Paris-trained designer known for her sculptural footwear, has launched in the US. Founded in 2012, the brand offers women’s shoes handmade in Brazil “using ethically sourced materials and a process that values precision, longevity and soul.” The US launch includes a capsule of core silhouettes available ...
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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 ...
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EU urges Shein to respect laws, warns of fines
European Union authorities urged Shein to respect EU consumer protection laws, saying that the Singapore-based fashion online retailer could face fines if it failed to comply. Following a coordinated investigation at European level, the Consumer Protection Cooperation Network of national consumer authorities and the European Commission said that they had ...
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US cuts de minimis tariff for Chinese goods
In an executive order signed on May 12, US President Donald Trump is cutting the so-called “de minimis” tariff on parcels from China, including Hong Kong, to 54 percent from 120 percent from May 14. A flat fee of $100 remains in place. The “de minimis” exemption enables shipments with ...
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News briefs
German online retail continues to recover in Q1
Online sales in Germany continued to pick up in the first quarter of 2025, marking the first time since mid-2022 that e-commerce has outpaced inflation. Footwear sales, in particular, outperformed, according to a survey released by the federal association of e-commerce and mail order trade, BEVH. Total online sales ...
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HDE files antitrust complaint against Temu
HDE, the German retail association, has filed a complaint with the country’s Federal Cartel Office (Bundeskartellamt) against the Chinese online marketplace Temu alleging anti-competitive practices. According to the complaint, Temu deprives retailers of control over their prices and, in numerous cases, allegedly violates European and German market regulations. “Temu not ...
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News briefs
Baffin introduces online sales in France, Germany, the UK and Italy
Baffin, a Canadian brand of high-performance footwear and apparel founded in 1979, has launched direct-to-consumer (DTC) international shipping to France, Germany, the United Kingdom and Italy. “With this expansion, customers in these key European markets can now order directly from Baffin.com, gaining easier access to the brand’s innovative products – ...
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ArticleAsos narrows its losses as the turnaround plan takes hold
Asos reported lower sales in the first half of its fiscal year as it continued to clear excess inventory, but said its new business model was showing signs of progress and left it better placed to deal with the impact of US trade tariffs. The company narrowed pre-tax losses to ...
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News briefs
Shein and Temu to hike US prices
The Chinese fast fashion giants Shein and Temu have warned US shoppers of upcoming price hikes starting April 25 due to steep new tariffs imposed by the administration of US President Donald Trump. The administration’s decision to remove the “de minimis” duty-free threshold and to introduce levies reaching up ...
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ArticleC-Suite interview: Rohde expects to continue growing in 2025
After increasing revenues by 4.5 percent in 2024 to €24.2 million, Rohde expects to continue growing this year as it expands its fledgling US and online businesses. “In 2025, we should go up by another 10-11 percent to €27 million in turnover,’ says the Chief Executive Officer, Renato Lo Presti, ...
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Spartoo voted best e-commerce site by French magazine
Spartoo was voted best e-commerce site in the 2025 ranking of Capital, a French monthly economic magazine. The French retailer topped the ranking in the multi-brand footwear category for the fifth year in a row, with an improved score of 8.5/10. Across all categories, Spartoo also ranked first overall, out ...
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ArticleSpartoo’s sales drop but its cash flow improves
In 2024, Spartoo suffered a 7.7 percent decline in gross merchandise value (GMV) to €184.7 million, resulting in an 8.7 percent drop in revenues to €130.5 million. The French omnichannel fashion retailer generated €114.9 million of its GMV in France, down 6.9 percent year-over-year, and €69.8 million abroad, down by ...
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Asos’ key shareholders hike their stakes
Bestseller, owned by Danish billionaire Anders Holch Povlsen, increased its stake in Asos to 28.0 percent from 27.1 percent on March 17 through its subsidiary Aktieselskabet, according to bourse filing released by the London Stock Exchange on March 19. Meanwhile, on March 19, Frasers Group hiked its stake in the ...
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Asos sees H1 revenues in line, adjusted Ebitda ahead of consensus
Asos expects first-half revenue growth to be in line with market consensus and adjusted Ebitda ahead of expectations. The company-compiled consensus for the first half based on nine contributors indicates total sales growth at constant exchange rates of down 13 percent, adjusted Ebitda of £34 million (€41m) and an adjusted ...
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ArticleForever 21’s US operating company files for bankruptcy
Forever 21’s US operating company filed for bankruptcy about five years after exiting its last Chapter 11 proceedings due to fierce competition from other fast-fashion retailers such as Shein and Temu. F21 OpCo, the operator of Forever 21 stores and licensee of the brand in the US, entered into a ...
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News briefs
Klarna files for IPO in New York
Klarna has applied to list its ordinary shares on the New York Stock Exchange under the symbol “KLAR” through a filing with the US Securities and Exchange Commission. The number of shares to be offered in the initial public offering (IPO) and the price range have not yet been determined, ...
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ArticleAustria loses 13% of its shoe stores as footwear retail crisis deepens
A steady wave of store closures continues to hit the Austrian footwear retail sector as brick-and-mortar sales further drop and the shoe industry gradually shifts toward online retail, with a recovery still not in sight, a survey from the market research company RegioData showed. The sector has been struggling for ...
