Latest News Briefs – Page 16
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News briefs
DSW installs Imbox Protection in nearly 500 US stores
DSW Designer Shoe Warehouse, the US footwear retailer owned by Designer Brands, said that it has launched “the largest retail partnership in North America” with Imbox Protection, a provider of an in-store shoe protection solution. The service is currently available in nearly 500 DSW locations across the US. “Using a ...
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News briefs
German consumer sentiment improves
German consumer confidence is expected to rise by 3.7 points to -20.6 points in May from -24.3 points in April, according to the GfK Consumer Climate powered by NIM which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM). The April reading was revised up ...
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News briefs
Vessi names a new Chief Marketing Officer
Vessi, a Vancouver-based footwear brand known for its waterproof sneakers, appointed Lorrin Pascoe as its new Chief Marketing Officer (CMO). “This strategic hire signals a significant step forward in Vessi’s mission to scale globally and deepen its market position as a category leader in waterproof footwear,” the company said. Prior ...
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News briefs
Hudson’s Bay liquidates its remaining stores
On April 25, Hudson’s Bay Company, the Canadian group comprising the retailer Hudson’s Bay and TheBay.com, started liquidating inventory at its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. The group believes that ”a viable bid for the current six-store model is unlikely.” The locations join the ...
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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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News briefs
Zegna's Q1 revenues slip nearly 1%
Ermenegildo Zegna posted revenues of €458.8 million for the first quarter of 2025, down by a reported 0.9% year-on-year and 1.2 percent organically. ”We are encouraged by these early positive results but also mindful of the recent geopolitical and economic uncertainties. And while we have not observed significant changes ...
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News briefs
Indian leather goods and footwear exports up 25% in 2024/2025
India’s exports of leather products and non-leather footwear increased by about 25 percent in the fiscal year ended March 31, 2025 to $5.7 billion, according to the Council for Leather Exports. Exports exceeded by $1 billion the target set up by the Indian Ministry of Commerce and Industry ”and going ...
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News briefs
French footwear sales up by 3.9% in March
In March, French footwear retail sales rose by a seasonally and working-day adjusted 3.9 percent month-on-month after falling 1.8 percent in February, according to the Bank of France. Overall, retail sales in France dipped a seasonally and working-day adjusted 0.1 percent from February, when they rose by 0.6 percent. ...
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News briefs
Hoka opens its first store in Vietnam
Hoka has opened its first store in Vietnam. Located in the center of Ho Chi Minh City, the store is operated in partnership with the footwear brand’s distributor Central Brand & Specialty Group (CBS) and offers a full range of products, from road and trail running to street-ready styles. “We ...
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News briefs
Chinese exports to US face up to 245% tariff
Chinese goods exported to the US face an up to 245 percent tariff as a result of the Asian country’s ”retaliatory actions,” according to a fact sheet released by the US administration. The levy includes a 125 percent reciprocal tariff, a 20 percent tariff to address the fentanyl crisis, ...
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News briefs
BasicNet appoints 2 new CEOs
BasicNet, the Italian parent company of K-Way, Kappa, Robe di Kappa, Superga and Sebago, has appointed Lorenzo Boglione and Alessandro Boglione as co-Chief Executive Officers, replacing Federico Trono. The new CEOs are the sons of BasicNet’s founder, Marco Boglione, who is also the company’s chairman. Following the shareholder meeting ...
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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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News briefs
Deutsche Umwelthilfe sues Deichmann for alleged greenwashing
The German environmental and consumer protection association Deutsche Umwelthilfe (DUH) has filed an injunction against the German shoe retailer Deichmann, along with other companies, for allegedly misleading advertising regarding environmental benefits. The lawsuit is part of a broader campaign by Deutsche Umwelthilfe against greenwashing. Deichmann is accused of describing the ...
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News briefs
LVMH’s sales slip in Q1
LVMH’s fashion and leather goods division posted revenues of €10.108 billion in the first quarter of 2025, down by a reported 4 percent year-over-year and down by 5 percent organically. Sales for the whole French luxury-goods conglomerate were down by a reported 2 percent to €20.311 billion. Organic sales ...
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News briefs
Deichmann’s Chief Marketing Officer Sabine Zantis leaves
Deichmann’s Chief Marketing Officer Sabine Zantis has left the German footwear retailer. The marketing expert had been with the Essen-based family business since June 2021, playing a key role in shaping the brand’s image. She previously worked in the household goods and food industry, including at Aldi Nord and Henkel. ...
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News briefs
Castañer’s sales slow down in 2024
Castañer posted a 2.6 percent increase in revenues to €30.8 million in 2024, a slowdown from the 25.3 percent jump posted in 2023. The Spanish footwear manufacturer noted that online sales grew by 14.2 percent year-over-year in 2024.
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News briefs
UK footfall declines on Easter timing
In March, footfall in British stores dropped by 5.4 percent year-over-year, reflecting a different timing for Easter, which falls on April 20 in 2025 compared with end of March last year, according to the latest survey released by the British Retail Confederation and Sensormartic. In February, the footfall rose by ...
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News briefs
China hikes tariffs on US goods to 125%
China has raised tariffs of goods imported from the US to 125 percent from a previous 84 percent, according to a statement from the State Council Tariff Commission released on the website of the Ministry of Finance. “The US’s imposition of abnormally high tariffs on China seriously violates international economic ...
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News briefs
Bär Schuhe expands distribution in Germany
Bär Schuhe is expanding its distribution in Germany with a new sales representative for Bavaria. Michael Müller, who has over twelve years of professional experience, will be responsible for the region, according to the German comfort shoe company. Müller has strong connections in the local retail sector, it added. Bär ...
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News briefs
Birkenstock opens a 2nd store in Paris
Birkenstock opened a second store in Paris. The 85-square-meter store is located at 4 Rue de Sèvres, in the French capital’s 6th arrondissement, within the Saint-Germain-des-Prés area, renowned for its intellectual and artistic legacy. Last year, the German footwear brand opened a store in Paris’ Marais district. The latest store ...
