All Retail articles – Page 2
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Frasers buys a majority stake in The Webster
Frasers has acquired a majority stake in The Webster, a Miami-based luxury retailer. The move marks another step in the British group’s strategy to expand its presence in the luxury and premium retail space, complementing its Flannels division. The financial terms of the transaction were not disclosed. Laure Hériard ...
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Famous Footwear Australia closes down
The Australian retailer Famous Footwear announced that it is closing down after 25 years of activity. The company’s online store will stop operating at the end of the year, while its 17 stores located in the states of New South Wales, Queensland and Victoria are scheduled to close early 2026. ...
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ArticleGörtz is also insolvent in Austria, investor plans comeback in Hamburg
Following its second collapse in Germany since 2023, the troubled Hamburg-based shoe retailer Görtz has now filed for insolvency in Austria as well. The company, now operating under the name GAT Retail GmbH, said it intends to restructure and continue operations. The Austrian filing affects 108 creditors, with claims totaling ...
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ArticleOnygo closes all stores after failed rescue attempt
The insolvent German shoe and fashion retailer Onygo is permanently closing all its remaining stores across the country and laying off 150 employees, following a failed rescue attempt. The move marks another casualty in Germany’s struggling retail sector. In an interview with trade magazine TextilWirtschaft, Onygo’s Managing Director, Frank ...
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Shein to open physical stores in France
Shein, the fast-fashion e-tailer founded in Nanjing, China, and now headquartered in Singapore, will be opening physical stores as of November, starting in France. To this end, according to the BBC, it has secured a deal with Société des Grands Magasins (SGM), a French family-owned company founded in 2018 that ...
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ArticleGenesco unites Journeys, Schuh and Little Burgundy under the same leadership
Genesco, the US footwear group with more than 1,250 stores in North America, the UK and Ireland, as well as a portfolio of owned and licensed lifestyle brands, announced the formation of the Journeys Global Retail Group which unites the banners Journeys, Schuh and Little Burgundy. “This alignment creates ...
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H&S files for insolvency
The Bavarian shoe retailer H&S Schuhhandelsgesellschaft has filed for bankruptcy as part of a restructuring effort amid economic pressures from rising energy, personnel and rental costs. Around 82 employees across 15 stores are affected. The company submitted an application for self-administration to the Aschaffenburg District Court, which appointed attorney ...
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Bär opens a new store in Passau
The German shoe manufacturer Bär Schuhe has expanded its retail network with the opening of a new store in Passau, in the Bavaria region of Germany. Located at Ludwigsplatz 1a, in the heart of Passau’s historic city center, the new shop marks Bär’s 22nd location nationwide. Covering approximately ...
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ArticleNeroGiardini hopes to stabilize revenues as it celebrates its 50th anniversary
NeroGiardini is celebrating its 50th anniversary. During Micam, the international footwear trade show held from Sept. 7 to 9 at the Fieramilano Rho exhibition center outside Milan, the Italian shoemaker held an event at its showroom in central Milan for domestic and international customers. As part of the celebrations, there ...
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ArticleRoots opens a flagship store in Vancouver
The Canadian footwear brand Roots opened its newest flagship in Vancouver and launched its first-ever pilot concept store in Toronto. The Vancouver store is situated at 929 Robson Street and will serve as a community hub, hosting events and initiatives that bring people together, “further embedding Roots in Vancouver’s cultural ...
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India applies 5% sales tax on goods priced below 2,500 rupee
On Sept. 22, 2025, India’s Goods and Services Tax (GST) was reduced to 5 percent from 12 percent for products priced below 2,500 rupees (€24), a move which is expected to lift demand for cheaper goods. Meanwhile, the GST for goods priced above 2,500 rupees was increased to 18 percent ...
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ArticleUS footwear distributors and retailers expect to pay $2bn more in import duties this year
The Footwear Distributors and Retailers of America (FDRA) estimates that its industry faces a $2 billion increase in import duties this year due to the tariffs introduced this year by the administration of the US President, Donald Trump. “The Footwear Distributors and Retailers of America is an 81-year-old organization that ...
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ArticleSteve’s plans opening a temporary store in Courmayeur
Steve’s, an Italian producer of sustainable premium sneakers, plans to open a temporary store in the Italian high-end resort town of Courmayeur this November, as it seeks to jump-start the planned expansion of its distribution network. The idea is for the Courmayeur temporary store to remain open from November through ...
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ArticleConcentration in German brick-and-mortar footwear and fashion retail hits new high
The concentration of brick-and-mortar fashion retailers in Germany is increasing, with large companies dominating the clothing and footwear market and the number of small specialty stores continuing to decline, a survey from BTE, the German trade association for textiles, footwear and leather goods, showed. The findings are based on 2023 ...
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The German shoe store Schuhhaus Hammes closes after 129 years
Schuhhaus Hammes, a traditional shoe store and longtime fixture in the retail scene of the German town of Trier, will close its doors on Sept. 30, after 129 years in business. Founded in 1896 by Paul Hammes, the family-run store has operated across multiple locations throughout its history, most ...
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Veja picks NewStore’s unified commerce platform
The US company NewStore said that Veja has chosen its unified commerce platform to strengthen its omnichannel activity. The system, NewStore Omnichannel POS, is currently available for Veja’s businesses in Denmark, Germany and the US. It will be rolled out to all of Veja’s owned stores and department store ...
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ArticlePrimark warns weak consumer confidence hit UK, European sales in H2
Primark’s underlying sales are expected to decline in the second half of the year as weaker demand in Europe and economic uncertainty around potential tax rises in the UK hit consumer confidence, said Associated British Foods (ABF), the parent company of the fast-fashion retailer. Total like-for-like sales at Primark for ...
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ArticleDesigner Brands ‘cautiously optimistic’ after Q2 earnings beat
Designer Brands said it was “cautiously optimistic” about its outlook for the full fiscal year after posting better-than-expected earnings in the second quarter and as positive sales momentum seen during the period continued at the start of the third quarter. The company, which owns the DSW chain, The Shoe Company ...
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ArticleInditex enjoys a strong start to the autumn/winter season
In the first half ended July 31, Inditex posted sales of €18.4 billion, up by a reported 1.6 percent year-on-year and 5.1 percent higher at constant currencies. The Spanish fashion retailer, which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, added that its autumn/winter collections were well-received, ...
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Alohas opens a store in London
The Spanish footwear and clothing brand Alohas has opened a store in London 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 and New York ...
