Product & Marketing – Page 15
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ArticleAllbirds cuts its sales guidance but still sees growth in Q4
Allbirds cut its sales guidance for the full year but still expects initiatives focused on new products, marketing and ”customer experience” will help the US footwear group return to a sales growth in the fourth quarter. In the second quarter of 2025, net revenues come in at $39.7 million, ...
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Articles.Oliver expands its management to include the Rellecke brothers
The German clothing and footwear group s.Oliver reported positive results for 2024 and announced a restructuring of its management team as it continues to adjust its strategic direction. Effective Sept. 1, the brothers Julian and Johannes Rellecke will join the management team, with the former overseeing product, design and ...
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News briefs
Caleres names Brian Costello President of Famous Footwear
Caleres announced that Brian Costello has been named division President of Famous Footwear effective immediately. He will continue to report to Jay Schmidt, President and CEO of Caleres. Costello joined Famous Footwear in February this year as Chief Merchandising Officer, assuming responsibility for all buying and merchandising, including women’s, ...
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Boot Barn renews payment partnership with Affirm
Boot Barn Holdings, the parent company of Boot Barn, Sheplers and Country Outfitter, has extended its exclusive, multi-year partnership with Affirm, a payment network. The agreement allows consumers to continue using Affirm to pay both online across all three brands and in-store at over 450 Boot Barn locations nationwide. “Providing ...
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ArticleCrocs expects sales decline in Q3; omits full-year guidance
In the second quarter of 2025, Crocs reported an operating loss of $428 million versus a year-ago profit of $326 million, despite higher sales and an improved gross margin. The loss stems from asset impairments totaling $737 million for the Heydude trademark and goodwill. Sales grew by 2.7 percent at ...
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ArticleWeyco’s revenues decline in Q2 as US tariffs hit consumption
In the second quarter of 2025, Weyco’s net sales fell by 9 percent to $58.2 million, with all its key brands declining. The company blamed so-called reciprocal trade tariffs introduced in April by the US President, Donald Trump, of impacting consumer purchases in the US. “The tariff environment created headwinds ...
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Article
Beaumanoir buys part of Naf Naf’s assets
Beaumanoir, a French fashion group, has bought part of the assets of the French fashion retailer Naf Naf, which was placed into receivership on May 30 by a commercial tribunal based in Bobigny, in the outskirts of Paris. Under the court supervised agreement, Beaumanoir will keep 55 of Naf Naf’s ...
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News briefs
US plans to double import tariffs on Indian goods
The US plans to double import tariffs on Indian goods to 50 percent as a punishment for buying Russian oil and thus help finance Russia’s invasion of Ukraine. In an executive order signed on Aug. 6 by US President, Donald Trump, the US plans to impose within 21 days of ...
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Francesco Parisotto of Scarpa has passed away
Francesco Parisotto, a key figure in the history of Italian outdoor footwear company Scarpa and a pioneer of Italy’s Sportsystem, the technical footwear and sporting goods district of Asolo and Montebelluna, in Italy’s northeast, has died at the age of 98. Born in 1927 in Coste di Maser, near Treviso, ...
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ArticleSaucony, Merrell fuel growth for Wolverine in Q2
Wolverine Worldwide reported strong second-quarter results with gains in revenues, gross margin and operating income. The group’s results were driven by its key Saucony and Merrell brands. “Our second quarter results exceeded our expectations, which led to the strongest revenue growth we’ve seen in several years. This growth, coupled with ...
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ArticleZalando’s Q2 revenues grow by over 7%, earnings remain stable
In the second quarter of 2025, Zalando’s gross merchandise volume (GMV) increased by 5.0 percent year-over-year to €4.1 billion, while revenues grew by 7.3 percent to €2.8 billion euros. Adjusted earnings before interest and taxes reached €186 million, up from €172 million a year earlier, resulting in a stable margin ...
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HDS/L celebrates 75th anniversary and elects a new board
The German footwear and leather goods trade association HDS/L hits the three-quarter century mark and prepares for the future with an overhaul of its board of directors. HDS/L, which currently has 131 members, celebrated its 75th anniversary at BASF’s Gesellschaftshaus in Ludwigshafen. The association has been at the ...
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Ricosta launches the barefoot brand Qnuffs
The German children’s footwear manufacturer Ricosta is expanding its brand portfolio with the launch of a new barefoot shoe brand for children, Qnuffs. The new brand is Ricosta’s response to the growing demand for child-friendly barefoot shoes, according to the company. Qnuffs footwear combines features typical of barefoot ...
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Schuhplus to cease operations at year end
The German plus-size shoe retailer Schuhplus will cease operations at the end of the year, after 14 years in business. The company has announced the closure of its locations in Dörverden and Saterland, both in Germany’s Lower Saxony region. Eleven employees will be affected. The owners, Kay Zimmer ...
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ArticleBoot Barn lifts full-year guidance on stronger-than-expected Q1
In the fiscal first quarter ended June 28, Boot Barn posted net sales up by 19.1 percent to $504.1 million from $423.4 million a year earlier. Same-store sales rose by 9.4 percent, with comparable sales from physical shops up by 9.5 percent and like-for-like e-commerce revenues up by 9.3 percent. ...
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News briefs
Aeffe’s footwear and leather goods business at breakeven in H1
In the first half of 2025, the revenues of Aeffe’s footwear and leather goods division amounted to €45.9million, down by 18.7 percent, both at constant and current exchange rates compared with the previous year. The division comprises the luxury footwear brand Pollini. The Ebitda of the footwear and leather goods ...
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News briefs
Caleres completes the acquisition of Stuart Weitzman
On Aug. 4, Caleres completed the acquisition of Stuart Weitzman from Tapestry for $120.2 million, which included $11.5 million in cash received at the closing. Excluding cash received at the closing, the net purchase price was $108.7 million. The price is subject to final adjustments for net working capital. The ...
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ArticlePortuguese shoemakers see US tariffs as an opportunity
The Portuguese footwear association Apiccaps said the US import duties announced by the US President, Donald Trump, “could be an opportunity for Portugal.” It noted that the round of tariffs released on July 31 by the US administration, and due to come into effect on Aug. 7 unless bilateral trade ...
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News briefs
Armani fined for unfair commercial practices
Italy’s antitrust authority has fined Giorgio Armani and G.A. Operations 3.5 million euros for unfair commercial practices, charging that the two Italian companies had made misleading statements on their ethical and social responsibility commitments that were contradicted by the actual working conditions at the suppliers and subcontractors that produced most ...
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News briefs
Asos names a new Chair
Asos has appointed board member and former CFO of Amazon Fashion, Natasja Laheij, as its Chair after Jørgen Lindemann said he would be stepping down from the post after three years. Lindemann, who also serves as the CEO of the entertainment provider Viaplay Group, is to leave the company following ...
