All Retail articles – Page 14
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News briefs
Skechers expands its retail presence in Spain
Skechers is expanding its retail presence in Spain under the guidance of retail property consultancy Newmark Retail. The American footwear brand is opening two flagship stores in Madrid and one in A Coruña. The new flagships in Spain’s capital city will be in the Parque Oeste and Rivas Futura shopping ...
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Birkenstock opens its 6th store in the US
Birkenstock opened its sixth company-managed store in the US in Austin, Texas. Located at 1007 South Congress Avenue, the store of the German footwear brand offers the services Bopis (buy online, pick up in store) and Boris (buy online, return in store).
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ArticleThailand’s Central Group takes over the rest of KaDeWe Group
The Thai conglomerate Central Group has taken full control of bankrupt German department store KaDeWe, signing a contract for the takeover of its business operations after obtaining clearance from the insolvency administrator. The financial terms of the deal were not disclosed. In April this year, the Central Group bought ...
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ArticleMunz Group launches the multibrand chain Salamander Store in Russia
Munz Group has launched a new multibrand network of footwear stores called Salamander Store, with a target of 50 doors by the end of the year. Each outlet will hold 1,400 items, not only footwear but also clothing, accessories and even skin care cosmetics. The product range will include leading ...
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ArticleRussian fashion imports from China are resilient despite sanction pressure
Leading Russian marketplaces have been complaining about difficulties importing goods from China as banks of the Asian powerhouse increasingly scrutinize transactions involving Russian businesses. However, footwear imports are yet to be affected by the issue. Russian marketplaces and foreign resellers working on the online platforms have been encountering problems in ...
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German government presents a stimulus package
The German government presented a stimulus plan aiming to lift gross domestic product (GDP) growth by 0.5 percentage points in 2025, according to the economy minister, Robert Habeck. The package contains nearly 50 measures for households and companies and aims to generate €26 billion in additional economic activity. This year, ...
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Shoe Zone cuts its guidance on higher transport costs, poor weather conditions
Shoe Zone further cut its full-year guidance and now expects adjusted profit before tax for the financial year ending Oct. 2 to be “not less” than £10.0 million pounds (€11.8m). The British footwear retailer said that it has continued to experience cost pressures associated with container prices due to a ...
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News briefs
Hogan offers the best customer service in Italy among footwear firms
Hogan was voted the footwear company offering the best customer service in Italy, according to Statista’s survey Italy’s Best Customer Service 2024/2025. With a score of 9.06 points, the brand, which is part of the Tod’s group, is among a cohort of 20 companies from different categories to have a ...
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Golden Goose introduces summer retail concept
Italian luxury sneaker brand Golden Goose is unveiling Bar Golden, a new retail experience inspired by the Italian culture and design of the 1960s. The new concept is launching in the seaside resorts of Forte dei Marmi, Italy, and Bodrum, Turkey. The stores showcase a selection of vintage objects such ...
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ArticleKienast rebrands all ABC and K+K stores as Reno
The German family-owned shoe retailer Kienast Group has announced that between August and October this year it will rebrand approximately 250 of its stores as Reno. The change will affect stores currently operating under the ABC Schuh-Center and K+K Schuh-Center brands. The decision to switch to the Reno banner ...
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ArticleVelasca plans new store openings but pushes back its €100m sales target
Velasca, an Italian startup launched in 2013 by Jacopo Sebastio, the chief executive officer, and Enrico Casati, continues to enjoy strong growth thanks to the extension of its product line and store openings, but warned that it may take longer than expected to reach its annual revenue objective of €100 ...
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ArticleLeder & Schuh’s sales continued to grow in 2023
Austria’s Leder & Schuh, one of Europe’s largest shoe retailers, reported a further increase in sales last year, confirming a positive trend in 2022 and 2021 after the pandemic slump of 2020. Through its Humanic and Shoe4You brands, the company increased its sales by 4.5 percent to €367 million in ...
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ArticleHenkelman Footwear details its plans for Bullboxer
The Dutch footwear group Theo Henkelman Footwear has unveiled more details about its plans for Bullboxer’s future, with a revamped design team focusing on a ‘new comfort concept,’ new retail partnerships and an adjusted pricing. Henkelman said that the brand’s design team has been expanded to include former Bullboxer ...
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Broker sees ‘green shots’ for H&M’s sales growth
H&M Hennes & Mauritz’s sales are showing signs of a recovery which could lead to higher profit margins this year and next, according to the broker UBS. “We share investor concern on lack of a clear top line recovery but gain confidence from a raft of measures leading to green ...
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ArticlePittarosso’s debt restructuring plan cleared by Italian court
A Padua-based court has approved a composition with creditors presented by Pittarosso. At the end of last year, 93 percent of creditors had approved the plan presented by the Italian footwear retailer with the support of Responsible & Sustainable Corporate Turnaround Fund (RSCT). Established in 2020, RSCT is an Italian ...
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IKKS obtains capital injection, debt write-off
IKKS has convinced its creditors to waive their claims and investors to inject funds, the chairman of the French fashion retailer, Ludovic Manzon, told the news agency AFP. “Following a cash injection into the capital and the waiver of debts, we will be able to focus on the essentials, namely ...
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Wojas to exit Belarus
The Polish footwear retailer Wojas has notified its customers in Belarus about the imminent closure of all its stores in the country. Local press reported that the decision had been taken in the wake of Belarusian sanctions, which barred footwear imports from five European countries. Wojas runs three stores in ...
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Don’t Call Me Jennyfer exits receivership
The French fashion retailer Don’t Call Me Jennyfer said that it is exiting receivership after its relaunch plan was approved by a commercial court in Bobigny, in the outskirts of Paris. The plan, which was presented to the court in May, involves an initial investment of €15 million that will ...
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Foot Locker to spend as much as $1bn on stores
In line with the strategy laid out in March of last year, the “Lace Up Plan,” Foot Locker is looking to invest up to $1 billion in opening and renovating stores in a new format all over the world, according to Modaes and other sources. More in our sister publication ...
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White Mountain expands into men’s, boys’ footwear
White Mountain is expanding into men’s and boys’ footwear as it continues to diversify its product range since its acquisition by American Exchange Group in January 2023. In June 2023, the brand introduced its girls’ footwear line, departing from its emphasis on women’s footwear. The men’s collection ranges from dress ...
