Latest News Briefs – Page 4
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News briefs
Ecco opens a flagship store in Mumbai
The Danish footwear brand Ecco has launched its first signature store in Mumbai, marking a significant milestone in its expansion across India. The 1,200 square-foot store, located in the upscale Phoenix Palladium Mall in Lower Parel, was opened in partnership with Jaipuria Brandz, a company specializing in managing and distributing ...
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News briefs
Komet und Helden new distribution partner for Sebago and Superga
The Munich-based fashion wholesale agency Komet und Helden is the new distribution partner for shoe brands Sebago and Superga in the DACH region, which comprises Germany, Austria and Switzerland. The partnership aims to strengthen the quality, visibility and local support of the two traditional brands in the region, the Italian ...
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News briefs
Messe Offenbach and HDS/L launch a trade fair for barefoot shoes
The fair organizer Messe Offenbach and the German footwear and leather goods trade association, HDS/L, have launched a new trade fair format focusing on barefoot shoes. The first edition of Barefoot – European Shoe Fair will run from July 31 to Aug. 3 in the halls of Messe Offenbach in ...
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News briefs
Deichmann opens a flagship store in Cologne
Deichmann has opened a new flagship store in a prime location in Cologne’s city center. Located in a newly built commercial building at Schildergasse 56-58, on Cologne’s shopping mile, the new store replaces Deichmann’s multi-story shop at Schildergasse 85/87. Spanning one floor with a total sales area of over 815 ...
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News briefs
Tamaris enters partnership with Kilian Kerner, replacing NEWD.
Tamaris, a brand of the German footwear manufacturer and distributor Wortmann Group, took over the partnership with the designer Kilian Kerner, who had been working with Tamaris’s premium brand NEWD.. Kerner’s footwear designs for Tamaris feature “stylish heels and feminine accents” that “emphasize the elegance and strength of every woman,” ...
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News briefs
Allbirds launches a net zero carbon shoe
On Feb. 6, Allbirds launched M0.0NSHOT Zero, which the Californian brand claims to be the world’s first net zero carbon shoe. A limited edition run of 500 pairs is available to buy in select cities including New York, London, Dubai, Tokyo and Seoul. “M0.0NSHOT Zero is the ultimate pursuit ...
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News briefs
Semler files for bankruptcy
The traditional German shoe manufacturer Carl Semler GmbH filed for bankruptcy at the Pirmasens Local Court as a massive drop in sales and payment defaults took their toll on the company’s bottom line. The court appointed restructuring expert Lukas Eisenhuth of the law firm Abel and Partners as general representative ...
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News briefs
Turkish inflation seen falling to 24% this year
The Turkish central bank raised its forecast for end-2025 inflation to 24 percent from the 21 percent it had estimated in November. Fatih Karahan, the Governor of the Turkish central bank, said that the bank was maintaining its end-2026 inflation forecast of 12 percent. He also noted that the ...
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News briefs
Gucci’s Creative Director leaves
Gucci has ended its collaboration with its Creative Director, Sabato De Sarno, according to a statement from French luxury goods group Kering, which owns the Italian fashion house. The fall-winter 2025 fashion show to be held in Milan on Feb. 25 will be presented by the Gucci design office, while ...
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News briefs
Global footwear market expected to grow 4.2% a year to 2029
The global footwear market is expected to grow by a compound annual growth rate of 4.2 percent between 2025 and 2029, according to the research institute Technavio. Over the period, the size of the market is expected to increase by $103.6 billion, with the Asia-Pacific region contributing to 47 percent ...
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News briefs
Berkemann hires a new Sales Manager
The German comfort shoe manufacturer Berkemann Group has appointed Mario Leko as the new Sales Manager, a position that was previously vacant and had temporarily been taken over by the Brand Manager Michael Zoller. With the new appointment, Leko returns to Berkemann after an absence of more than ten years. ...
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News briefs
Pirmasens testing and research institute PFI Managing Director leaves
The long-standing Managing Director of the Pirmasens-based testing and research institute PFI (Prüf- und Forschungsinstitut Pirmasens), Kerstin Schulte, has stepped down with immediate effect. The 56-year-old had held the role since February 2013 and played a key role in shaping PFI’s activities. According to PFI’s Chairman, Michael Tackenberg, ...
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News briefs
The Platform Group’s GMV rises 28% in 2024
The German e-commerce company The Platform Group (TPG), the owner of online footwear retailer Schuhe24 and other e-commerce platforms, said that it has exceeded its own forecast for 2024, driven by strong organic growth in the second half of the year, an increase in the number of partners, growth in ...
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News briefs
Cambodia’s footwear exports up 23% in 2024
In 2024, Cambodia’s footwear exports rose by 23 percent to $1.68 billion, according to the Ministry of Commerce. Exports of garments, footwear and travel goods also grew by 23 percent to $13.92 billion. Garment exports increased by 24 percent to $9.79 billion and travel goods exports surged by 19.6 percent ...
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News briefs
OrthoLite India appoints a Commercial Director
The US-based insole specialist OrthoLite has appointed Pankaj Kumar as Commercial Director for OrthoLite India (OIN). In this role, Kumar will oversee commercial operations, enhance partnerships with global brand manufacturers in India and drive the company’s growth in the region. With over 27 years of experience, Kumar has an extensive ...
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News briefs
LVMH’s sales improve in Q4
LVMH’s fashion and leather goods division posted revenues of €41.060 billion in 2024, down by a reported 3 percent year-over-year and down by 1 percent organically. In the sole third quarter, organic sales dropped by 1 percent compared with a 5 percent decline in the third quarter. Profit from recurring ...
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News briefs
German GDP forecast up 0.3% this year
The German government has cut its GDP growth forecast for the country. It now expects GDP to grow by 0.3 percent in 2025 compared with a previous estimate of 1.1 percent. The German economy is a “situation of stagnation” since 2018, according to the Economy Minister Robert Habeck. In the ...
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News briefsSuperga celebrates the 100th birthday of its iconic canvas shoe
Superga is launching the 2750 Made in Italy, a new chapter to celebrate the history of its iconic 2750 canvas shoe. The brand, which has been part of the BasicNet portfolio since 2007, presented the limited edition at Pitti Uomo 107 in Florence earlier this month. The design of the ...
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News briefs
Zegna’s full-year revenues rise slightly
Ermenegildo Zegna’s 2024 revenues rose by 2.2 percent to €1.946 billion. Organic growth stood at 1.9 percent. Fourth-quarter revenues grew by 3.3 percent to €589 million, with organic growth of 2.9 percent. In the full year, sales in Europe, the Middle East and Africa (EMEA) rose by €680.3 million, with ...
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News briefs
ANWR Schuh’s Managing Director Helmut Wies retires
ANWR Schuh’s Managing Director has stepped down, as previously announced, after four years at the helm of the footwear business of ANWR and 17 years with the German buying group. His successors, Astrid Heinze and Patrick Gottesleben, joined the company on Sept. 1 and worked initially alongside Wies to ensure ...
