Product & Marketing – Page 40
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News briefs
Cambodia's footwear exports grow by over 24%
Cambodia exported $12.22 billion worth of garments, footwear and travel goods in the first eleven months of 2024, up by 24.9 percent from a year earlier, according to the Ministry of Commerce. Garments and textiles exports were up by 25.8 percent to $8.94 billion, while footwear grew by 24.3 percent ...
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ArticleSurveys paint a bleak picture of Germany’s holiday season sales
The shopping period leading up to the holiday season has brought more disappointment than cheer for both Germany’s online retailers and brick-and-mortar stores. The grim picture was painted by two surveys: the report of the German retail association, HDE, on brick-and-mortar sales in the week leading up to Dec. 15, ...
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ArticleBoohoo’s shareholders reject Mike Ashley’s bid for board seat
Boohoo’s shareholders have thwarted a bid by major shareholder and Frasers Group founder Mike Ashley to take a seat on the board of the struggling British online fashion retailer after they voted against the move in a special meeting. In a statement, Boohoo said that 64 percent of votes cast ...
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ArticleEquita Smart Capital expands its footwear manufacturing hub
The Italian fund Equita Smart Capital-Eltif, has acquired GT Emme, a producer of insoles and stripes for luxury women’s shoes located in Santa Maria a Monte, near the Tuscan town of Pisa. GT Emme posted sales of more than €5 million in 2023 and has a staff of 33 people. ...
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News briefs
French footwear sales slip in November
In November, French footwear retail sales fell by a seasonally and working-day adjusted 0.7 percent month-on-month, according to the Bank of France. Overall, French retail sales were stable month-on-month after a decrease of 0.1 percent in October. Sales volumes of manufactured goods also remained stable over the two months, while ...
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News briefs
French footwear exports flat
In the first 10 months of 2024, French footwear exports totaled €4.6 billion, in line with the same period last year, according to Alliance France Cuir. Overall exports of French leather goods increased by 3 percent to €10.7 billion over the period.
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News briefs
Nice Footwear obtains the Lyle & Scott footwear license
Nice Brand Lab, the business unit of the Italian footwear company Nice Footwear specializing in licensed footwear for the group, has entered into a license agreement with the Scottish fashion brand Lyle & Scott to develop and distribute footwear collections in Europe. Nice Footwear was previously in charge of the ...
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News briefs
Joybees names Ken Dayley CEO
Joybees said that its board has named Ken Dayley as Chief Executive Officer. The casual lifestyle footwear brand was founded in 2018 in Denver, Colorado. “Mr. Dayley has more than 15 years of experience successfully marketing and growing well-known direct-to-consumer brands through strategic digital transformations, achieving profitable growth and thriving ...
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ArticleShoe Zone sees full-year profits halved as sales fall on weak consumer confidence, weather
Shoe Zone has halved earnings forecasts in another profit warning and claimed that recent tax and wage measures in the recent British government’s budget would force it to close an unspecified number of stores. The low-cost UK footwear retailer said it had experienced “very challenging trading conditions” between the start ...
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News briefs
Salamander reorganizes its sales team
The Swiss shoe manufacturer AstorMueller AG has reorganized the sales department of the Salamander brand, which it acquired last year. Wholesale and e-commerce expert Pia Fuhrländer will be responsible for European sales. Fuhrländer has more than 20 years of experience in the fashion, footwear and lifestyle industry. From 2013 to ...
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News briefs
Sonja Balodis leaves s.Oliver
The German footwear brand s.Oliver announced that Sonja Balodis, Managing Director of its Comma womenswear brand, will leave the company at the end of the year to pursue new professional challenges. Balodis has been in charge of the brand since May. She was already part of the s.Oliver Group for ...
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News briefs
Vista starts fall/winter 2025/26 sales campaign with a new agent for Bavaria
The German footwear company Vista is starting the fall/winter 2025/26 sales campaign with a new agent for Bavaria. In the future, Stephan Simon’s Agentur Simon will be looking after the shoe importer, wholesaler and manufacturer’s customers in Bavaria from its Munich office. It replaces the Agentur Lehner, which was previously ...
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News briefs
Italian GDP seen up 0.5% in 2025
The economic research institute Prometeia has cut its forecast for gross domestic product (GDP) growth in Italy this year to 0.5 percent from a previous 0.8 percent. In an economic forecast report, Prometeia estimated that GDP in Italy would also rise by 0.5 percent in 2025. Growth is expected to ...
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News briefs
Birkenstock loses appeal against Aldi over sandal design
Birkenstock has lost an appeal in a legal dispute with Aldi over the design of a sandal featuring a large buckle, sold by the German discount supermarket chain. Birkenstock had filed several claims against Aldi, including violations of design and competition law, as well as demands for information and financial ...
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ArticleBirkenstock posts higher-than-expected Q4 results
Birkenstock reported revenues of €456 million in its fourth quarter ended Sept. 30, up by 22 percent on the year earlier on both a reported and constant currency basis. Financial analysts were expecting a top line of €440 million. The sandal maker posted strong double-digit revenue growth across all segments, ...
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News briefs
UK’s top 1% shopping destinations command 30% of consumer spend
The top 1 percent of the UK’s shopping destinations represent 30 percent of consumer spending in brick-and-mortar stores, prompting brands to focus on the best locations, according to Mark Allan, Chief Executive Officer of the British property group Landsec. “The top 1 percent of the UK’s shopping destinations provide brands ...
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ArticleHong Fu breaks ground on its Tamil Nadu factory
On Dec. 16, MK Stalin, the Chief Minister of the Indian state of Tamil Nadu, laid the foundation stone for a manufacturing unit of the Taiwanese footwear firm Hong Fu Industrial Group at the SIPCOT Park Industrial Estate at Panapakkam in the Ranipet district. The 1,500 crore rupee (€168 million) ...
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News briefs
Birkenstock appoints new Head of sports and outdoor Europe
Birkenstock has hired Selim Say as Head of sports and outdoor Europe. The 52-year-old, who announced his appointment on his LinkedIn page, brings a wealth of experience in the footwear industry. He worked for more than 20 years in various positions in the footwear industry, including for companies such as ...
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News briefs
Capri reportedly ready to sell Jimmy Choo and Versace
Capri Holdings is working with the British bank Barclays to find buyers for Jimmy Choo and Versace, according to the magazine WWD. A data room with confidential information on the businesses is being set up now for potential buyers and Barclays would like to start receiving indications of interest before ...
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News briefs
ANWR moves Order Summer No.2 dates to avoid overlap with Micam
The German footwear buying group ANWR has decided to postpone its Order Summer No.2 fair by one day to avoid any overlap with the Italian trade fair Micam. The footwear fair will now be held from Sept. 10 to 11, 2025. “We want to offer the most attractive show with ...
