Product & Marketing – Page 24
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ArticleBoot Barn starts Q1 with double-digit sales growth, sees tariff impact in H2
Boot Barn has continued to report double-digit sales growth at the start of its new fiscal year after its top line rose by 16.8 percent to $453.7 million in the fourth quarter ended March 29. Management has cautioned, however, that both sales and profit margins are expected to come under ...
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ArticleBirkenstock hikes its guidance after strong Q2
Birkenstock Holding, the UK-based parent company of the German sandal maker, increased its full-year guidance after posting a strong set of results for its fiscal second quarter ended March 31. The company now anticipates full-year revenue growth at the high end of its guidance of a 15 to 17 percent ...
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ArticleFerragamo suffers a decline in Q1 sales
Salvatore Ferragamo’s sales declined slightly in the first quarter of 2025, raising doubts about the Italian fashion house’s ability to effectively relaunch its business. In March, Marco Gobbetti stepped down as Chief Executive Officer and General Manager, three years after joining the company from Burberry. The company booked overall revenues ...
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ArticleYue Yuen’s earnings decline in Q1
In the first quarter of 2025, Yue Yuen’s Ebit fell by 23.7 percent to $110.8 million from $145.1 million a year earlier. Net profit was down nearly 25 percent at $83.5 million, and gross profit slipped by 2.20 percentage points to 22.9 percent from 25.1 percent in the year-ago period. ...
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News briefs
Zehenspiel continues to expand its retail network
The German barefoot shoe retailer Zehenspiel has opened a new store in Erbach, in the state of Hesse, the latest addition to its expanding retail network. Covering 380 square meters, the new store at Stockheimer Ring 23 offers more than 14,000 pairs of shoes, complemented by a data-driven consulting concept ...
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News briefs
Dosenbach expands Swiss presence with new store openings
Dosenbach is stepping up its expansion efforts with the opening of three new stores in Switzerland, further strengthening its nationwide retail network. In April, the Swiss shoe and sporting goods retailer launched new outlets in Crissier, near Lausanne, in the canton of Vaud; Lucerne; and at the Rheinpark shopping center ...
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ArticlePortuguese footwear exports up 5.4% in value in Q1
In the first quarter of 2025, the Portuguese footwear industry exported 20 million pairs of shoes, worth €453 million. Compared to the previous year, shipments were up by 4.9 percent in volume and 5.4 percent in value, according to the Portuguese footwear association Apiccaps. “This is a very promising start ...
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ArticleDick’s Sporting Goods to buy Foot Locker for $2.4bn
The US sporting goods retailer Dick’s Sporting Goods has reached an agreement to acquire the footwear and apparel retailer Foot Locker for about $2.4 billion in move that is expected to significantly increase its buying power of sporting goods. The enterprise value for the deal, which includes the debt Dick’s ...
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ArticleGeox sales slip 2% in Q1 but digital channel shows growth, profitability improves
Geox generated sales of €189.0 million in the first quarter of 2025, down by 2.4 percent compared to the year earlier, as gains in the digital channel were not sufficient to offset the impact of store closures and lower order intake from wholesale partners for the spring/summer 2025 collection. Despite ...
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ArticleEmerging designer: One step at a time; Meeko aims for responsible and respectful manufacturing
Headquartered in Malakoff, a suburban commune located south of Paris, Meeko is the brainchild of Guillaume Mesly d’Arloz and Maxime Savart, whose extensive travels and volunteer work in far-flung lands led them to create a shoe that respects nature to the max, while being versatile and durable. Mid-way between a ...
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ArticleCortina merges its private label activities
Cortina, a Belgian developer and distributor of footwear, has merged its Best Buy Shoes (BBS) and private label divisions into a single entity Cortina Private Label. “Under the new structure, Cortina Private Label will offer one streamlined collection with three distinct business models, each tailored to meet the needs of ...
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News briefs
US cuts de minimis tariff for Chinese goods
In an executive order signed on May 12, US President Donald Trump is cutting the so-called “de minimis” tariff on parcels from China, including Hong Kong, to 54 percent from 120 percent from May 14. A flat fee of $100 remains in place. The “de minimis” exemption enables shipments with ...
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News briefs
German online retail continues to recover in Q1
Online sales in Germany continued to pick up in the first quarter of 2025, marking the first time since mid-2022 that e-commerce has outpaced inflation. Footwear sales, in particular, outperformed, according to a survey released by the federal association of e-commerce and mail order trade, BEVH. Total online sales ...
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News briefs
Footwear entrepreneur Markus Rieker dies
Markus Rieker, the long-standing owner and designer behind Germany’s Rieker footwear group, died last month at 81. The footwear entrepreneur, the grandson of company founder Heinrich Rieker, played a key role in shaping the brand’s global identity over several decades. He joined the company’s management team in 1975, ...
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ArticleAzzas 2154’s international business stands out as Q1 footwear, accessory sales grow 5%
The Brazilian footwear and apparel group Azzas 2154 said that gross revenues for its footwear and accessories business unit grew by 4.8 percent in the first quarter of 2025 compared to the year earlier, reaching 1,038.2 million reais (€165.3m).The company highlighted growth by the Anacapri and Vans brands and the ...
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ArticleChina and US to suspend part of tariffs for 90 days starting May 14
China and the US have jointly announced a 90-day suspension of certain tariffs starting on May 14, following talks in Geneva between the parties. The US said it would lower its reciprocal tariff on Chinese goods to 10 percent from 125 percent, while China said it would cut its tariff ...
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ArticleAlpargatas posts a significant Ebitda improvement in Q1
In the first quarter, Alpargatas, the parent company of Havaianas, parent posted a 93 percent year-over-year improvement in Ebitda to 207.3 million Brazilian reais (€32.3m) as net sales increased by 17.5 percent to R$1,082.1 million (€168.0m) with 51 million pairs sold in Brazil and another 5.8 million in international markets. ...
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News briefs
Eurofins offers testing of recycled plastics in textile, apparel and footwear
Eurofins Sustainability Services, a Boston-based unit of the French testing, certification and inspections group Eurofins Scientific, said that it has grown its service offering to include recycled plastics testing for the textile, apparel and footwear industries. “By using the most advanced methodology, this is the first service of its kind ...
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News briefs
Alohas opens stores in Amsterdam and New York
The Spanish footwear and clothing brand Alohas has opened a store in Amsterdam and another in New York as part of its international development. The brand opened its first foreign store in Paris in September 2024, followed by a store in Milan in March 2025. Along with its stores in ...
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ArticleGrendene sees growth opportunity in the US
Grendene posted higher sales in the first quarter of 2025 thanks to growing exports, driven by South American markets. The Brazilian group believes it can benefit from the introduction of hefty import duties by the US on Chinese goods to expand in the North American market. In the three months ...
