All Retail articles
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ArticleFerragamo posts DTC sales growth in Q4
Salvatore Ferragamo’s sales in the fourth quarter of 2025 fell by a reported 3.2 percent year-over-year, and by 2.0 percent at constant exchange rates, to €282 million due to a decline in the wholesale channel. However, direct-to-consumer (DTC) sales grew by 6.3 percent at constant rates marking an acceleration from ...
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German consumer confidence improves but remains low
German consumer confidence is estimated to improve in February, rising to -24.1 from -26.9 in January, according to the GfK Consumer Climate, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). “With the current increase, the consumer climate has recovered a significant portion of the strong losses ...
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ArticleNext buys UK shoe retailer Russell & Bromley for £2.5m
Next is buying the struggling footwear chain Russell & Bromley in a £2.5 million (€2.87m) pre-packaged bankruptcy deal that puts 33 shops and 440 jobs at risk. Under the terms of the deal Next will acquire the 145-year-old, family-run firm’s brand and other intellectual property, as well as three out ...
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The Austrian fashion chain Higgins files for insolvency
The Austrian fashion chain Higgins has filed for insolvency just four months after launching, after sales failed to meet expectations and higher-than-planned construction, expansion and fixed costs put pressure on liquidity. The company will not continue operating. Around 220 creditors and 56 employees are affected, while total liabilities stand at ...
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Vessi opens its first US store
Vessi, a Vancouver-based footwear brand known for its waterproof sneakers, opened on Jan. 7 its first US store in Bellevue, near Seattle. Founded in 2018, Vessi designs lightweight footwear built with its proprietary Dyma-tex waterproof knit technology. The company has sold more than two million pairs globally, with the Pacific ...
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ArticlePrimark’s sales suffered over Christmas
Primark’s parent company, Associated British Foods (ABF), has cut its profit outlook due to a weaker sales performance at the discount clothing chain as consumers in both the UK and Continental Europe tightened their belts. Sales growth of 3 percent at Primark’s UK stores in the 16 weeks to ...
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News briefsFootasylum joins forces with Apparel Group to expand in the Gulf region
Footasylum, a UK-based footwear and sportswear omnichannel business, has entered into a strategic partnership with Apparel Group, a Dubai-based fashion and lifestyle retail conglomerate, to accelerate the British company’s expansion across the Gulf Cooperation Council (GCC) region, including the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman. Under ...
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UK consumers are reluctant to spend
British consumers are reluctant to spend going into 2026 despite continuing to feel financially secure, according to the fourth quarter Consumer Pulse survey conducted by the consultancy KPMG among 3000 consumers. According to the survey, 56 percent of consumers feel financially secure, down only 1 percentage point from the start ...
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Flabelus opens its first store in Germany
The Spanish footwear brand Flabelus has entered the German market, ramping up its international expansion with the opening of its first store in the country, located at Neue Schönhauser Straße 15 in central Berlin. The 90-square-meter store features Flabelus’s handcrafted trainers and espadrilles manufactured at its factory in Elche, near ...
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French footwear exports down 3% in the first ten months of 2025
French exports of footwear totaled €4.460 billion in the first ten months of 2025, down by 3 percent year-over-year, while imports were up by 2 percent at €6.957 billion, according to data released by Alliance France Cuir, the trade association representing the country’s leather and leather goods industry. It added ...
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ArticleOtto appoints a new CEO
The German retail conglomerate Otto Group has announced changes to its management structure, with the appointment of a new head for its Otto retail subsidiary as the long-standing CEO retires, and the departure of its own digital executive after just seven months in the role. As of March 2026, Boris ...
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German consumer confidence worses
German consumer confidence is expected to worsen in January, falling to -26.9 from -23.4 in December, according to the GfK Consumer Climate, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). The December reading was revised down from a preliminary -23.3. “Consumer sentiment in Germany is disappointing ...
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ArticleSmall German footwear retailers continue to be hit by a wave of closures
A recent wave of closures that has hit independent, family-run shoe retailers across Germany is broadening as dwindling foot traffic and the continued shift to online shopping and large retail chains put mounting pressure on local high-street stores. Rising operating costs, including higher rents, energy prices and wage pressures, have ...
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Birkenstock opens its 15th store in the US
Birkenstock opened its 15th company-owned retail store in the United States. The shop is located in Chestnut Hill, Massachusetts, just outside Boston, where the brand opened a store last year in Newbury Street. The Chestnut Hill store offers products for women, men and kids, including the brand’s iconic sandals and ...
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Apparel Group launches Levi’s Kids in India
Apparel Group, the Dubai-based international fashion and lifestyle retail conglomerate, launched Levi’s Kids in the Indian market. “The expansion marks a significant milestone in the ongoing relationship between Apparel Group and Levi Strauss & Co., bringing one of the world’s most loved denim brands to a younger generation of Indian ...
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Dr. Martens opens store in Dresden as expansion in Germany resumes
Dr. Martens has opened its first store in Dresden, at Prager Strasse 8 in the city center of the Saxon capital, marking a renewed push into the German market. The 82-square-meter shop carries the full range of the British company’s boots, shoes and sandals. The interior reflects the brand’s industrial ...
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ArticleWortmann to invest €100m in Tamaris
Wortmann Group has announced a sweeping €100 million investment to strengthen brand awareness and further develop the retail strategy of its Tamaris brand. “With an investment of over 100 million euros, Tamaris is launching the most ambitious future offensive in the company’s history,” the German footwear manufacturer and distributor ...
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Alohas opens a store in Copenhagen
The Spanish footwear and clothing brand Alohas has opened a store in Copenhagen as it continues its international expansion. In 2024, the brand launched stores in Barcelona and Madrid. Alohas opened its first foreign store in Paris in September 2024, followed by openings in Milan, Amsterdam, New York and ...
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Humanoid robots seen deployed globally over the next five years
Humanoid robots are set to be deployed globally in commercial applications across a range of industries over the next five years, according to the Japanese investment bank Daiwa. Robots are becoming viable options in handling repetitive and simple tasks, it noted. Over the next five years, there should be a ...
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Giseli Dias enter retail partnership with Printemps New York
Giseli Dias started an exclusive retail partnership with Printemps New York. The initiative marks a “major milestone in the brand’s international growth,” the Brazilian luxury footwear brand commented. The brand is available at Printemps New York since Dec. 2 with additional styles and seasonal activations anticipated for 2026. Founded in ...
