Leder & Schuh has received approval by Austria's antitrust authorities for its acquisition of Stiefelkönig (see previous issue of Shoe Intelligence). Through Humanic and its other shoe retail chains, Leder & Schuh is estimated to have a share of 22 percent in the Austrian shoe market. Stiefelkönig has a share of 5 percent, but it was higher before its divestitures of Delka and other retail operations.

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