All Germany articles – Page 4
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ArticleStores remain closed in Germany, will reopen in France
So-called “non-essential” physical retail operations are re-opening in all the major European countries except in Germany. They are set to open again in France on May 19. They have been rising sharply in England and Wales since they were allowed to open again on April 12, partly hampered by bumpy ...
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ArticleGerman shoe manufacturers post 8.4% revenue drop in 2020
Germany’s footwear and leather goods sector took a heavy hit from the coronavirus pandemic in 2020 and the impact of the crisis is expected to continue to be felt this year, according to reports from the Federal Association of the Shoe and Leather Goods Industry (HDS/L) . In ...
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Article
Germany extends lockdown to March 28
On March 3, the federal-state conference in Germany decided on how to further extend its present lockdown for non-essential retailer operations until March 28, to help fend off the Covid-19 virus. Like in the U.K., it will be phased out in stages, but retailers are furious, partly also because many ...
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News briefs
Germans’ willingness to buy is in “freefall”
The propensity to buy of German consumers is “in freefall,” according to the think tank GfK . Hit by strict Covid-19 related lockdowns, consumer confidence in Germany is seen falling to -15.6 in February from -7.5 in January, which was revised from an original reading of -7.3. “The ...
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News briefs
New anti-Covid measures in Germany
In concert with the governments of the individual Länder, the federal government of Germany has ordered the lockdown of all the brick-and-mortar stores that sell non-essential products, starting on Wednesday, Dec. 16. The new restrictions came after a spike in new contaminations from Covid-19. They will last until at ...
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ArticleFootwear fails to keep pace with upswing in online sales in Germany
Despite enjoying a recovery, online sales of footwear lagged other product categories in Germany during the second quarter. As the country eased lockdowns imposed in a bid to counter the coronavirus pandemic, online sales reported a higher-than-average increase in the second quarter, swinging back to growth after a slump ...
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News briefs
New internet rankings for children’s shoes in Germany
The coronavirus crisis has shaken the German market for children’s shoes: Skechers has become for the first time one of the top three suppliers for the spring/summer 2020 season in the rankings of the Schuhe24 internet platform. It moved into third place from the sixth place the year before. The ...
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News briefs
Germany’s VAT cut may hit retailers across the border
Germany decided on June 3 to reduce the value-added tax (VAT) rate on non-food products to 16 percent from 19 percent, starting from July 1 and through the balance of this year, to give a boost to consumption and the economy. It has also cut the VAT rate for restaurants ...
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News briefs
GMS offers to renegotiate rents for its members
Introducing a new service, GMS , the German voluntary group of shoe retailers, is offering to renegotiate rents with landlords on its members’ behalf. GMS would coordinate each single procedure beforehand with its members and would then take over the negotiations, if so desired. Many independent retailers have managed ...
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News briefs
German retailers ask for help after a drop of 71% in April
The Federal Statistics Office of Germany has reported a year-on-year decline of 70.7 percent for April in total sales of apparel, shoes and leathergoods, due to the retail lockdowns demanded by the government help stem the Covid-19 pandemic. Overall retail sales in Germany declined by 6.5 percent for the month, ...
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News briefs
German online shoe sales rose by 5.4% in April
According to a study by the German association for e-commerce and mail order, BEVH , online sales of shoes increased by 5.4 percent year-on-year to €357 million in April. Meanwhile, total online sales in Germany increased by 17.9 percent to €6.82 billion in April. In the first four months ...
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News briefs
Caprice manufactures face masks in Pirmasens
Caprice , the shoe brand owned by Wortmann , started manufacturing face masks to be donated to healthcare facilities in Pirmasens, Germany, where the company is based. Caprice is sewing face masks from pure cotton on machines used to make prototypes of leather shoes.
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Article
Germany withstands the disease in better ways
Italy, the largest shoe manufacturing country on the continent, has suffered the highest number of deaths, followed by Spain, the second-largest producer. The official number of deaths related to the epidemic is now higher in Italy than in China, where it started last December. After Italy, Spain became the second ...
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Article
Lower foreign and domestic sales by German shoe companies
The growth of the German footwear industry weakened in 2019, weighed down once again by lower sales abroad, according to an annual report by the Federal Association of the German Footwear and Leathergoods Industry (HDS/L) and presented at the Gallery Shoes fair in Düsseldorf earlier this month. In 2019, ...
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