All Retail articles – Page 4
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ArticleGerry Weber closes all its stores
Gerry Weber is shutting down all its remaining stores in Germany and Europe and selling its trademark rights to the Spanish Victrix Group. The demise of the German fashion group is the result of the latest insolvency proceedings, the third in just a few years, and its unsuccessful restructuring efforts. ...
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Saucony opens its first flagship store in the UK
On June 19, Saucony opened its first store in the UK, located in London´s Covent Garden, where a lot of sports brands are already present. Saucony wants its new store to be more than just a retail space; the brand wants to become a “meeting place for London’s running community.” ...
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Pajar to distribute Grendene brands in North America
Grendene has entered a new strategic partnership with Pajar, a Canadian group specializing in footwear and outerwear. Beginning with the spring/summer 2026 season, Pajar will serve as the exclusive distributor of diverse Grendene footwear collections across the US and Canada. The deal includes the brands Ipanema, Cartago, Zaxy, Rider, Azaleia ...
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ArticleClarks enters a strategic partnership with Metro Brands in India
Clarks has entered a strategic partnership with Mumbai-based Metro Brands. Under the terms of a long-term distribution agreement, Metro Brands was appointed as Clarks’ exclusive retail and digital partner for India and neighboring countries including Bangladesh, Bhutan, Nepal, Maldives and Sri Lanka. Metro Brands will manage Clarks’ e-commerce operations in ...
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Princesse tam tam, Comptoir des Cotonniers reportedly file for receivership
The French fashion retailers Princesse tam tam and Comptoir des Cotonniers have filed for receivership with a Paris-based court, the news agency AFP said citing a source close to the matter. The move was motivated by the ongoing deterioration of the retailers’ financial situation in a market that has not ...
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ArticleSchuh Mücke to close Munich store amid sales drop
The German footwear and sporting goods retailer Schuh Mücke, part of the ANWR Group, continues its strategic repositioning and will close its Munich store in early 2026 amid declining sales. Schuh Mücke reported revenues of €101.8 million in 2024, down from €104.7 million in 2023, when sales briefly returned to ...
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ArticleGörtz closes its last store in Hamburg amid ongoing insolvency turmoil
Görtz has closed its store in Hamburg’s Europa Passage, the last remaining shop in the hometown of the troubled German footwear retailer. Leftover stock from the closed store has been transferred to locations in Lübeck and Oldenburg, which remain operational. According to insolvency administrator Gideon Böhm, some staff will continue ...
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ArticleC-Suite interview: Velasca aims to double its store network by end 2028
In less than a year, Velasca, a Milan-based footwear and apparel retailer, has opened 10 shops, bringing the number of locations to 30 worldwide. By the end of 2028, the goal is to double that number to 60. After opening a third store in Paris and a second one in ...
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ArticleGenesco reaffirms earnings guidance after better-than-expected Q1
Genesco reaffirmed its earnings guidance for its full fiscal year, after turning in a better-than-expected top and bottom line performance in the first quarter and putting in place mitigation measures to offset the impact of US import duties. In the three months ended May 3, Genesco’s sales rose by 4 ...
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ArticleOofos starts opening physical stores
Oofos, a US brand of recovery footwear, is launching its first brick-and-mortar stores, all located in the US. During May and June, the brand is opening stores at Pentagon City in Arlington, Virgina, the Mall of Georgia in Buford, Georgia, and the Florida Mall in Orlando, Florida, “all high-traffic areas ...
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ArticleShoe Carnival accelerates rebannering, confirms guidance as Shoe Station outperforms
Shoe Carnival announced it was once again speeding up plans to rebrand stores to its premium Shoe Station label, with Shoe Station now set to represent over 80 percent of its store fleet by March 2027, a significant increase from its previous 51 percent target. The footwear retailer’s ambitious plans ...
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Naf Naf goes into receivership
Naf Naf was placed into receivership on May 30 by a commercial tribunal based in Bobigny, in the outskirts of Paris. The French fashion retailer is facing cash “difficulties”, according to the court. It is the third time in its history that it faces a judicial redress. The retailer ...
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ArticleAI adoption rises in German retail, but rollout remains difficult
An increasing number of German retailers are turning to artificial intelligence, making the technology an integral part of the retail sector in Europe’s economic powerhouse, but company-wide implementation remains challenging for many, a survey from the German retail association HDE and Safaric Consulting showed. Over the past few years, ...
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Canadian Tire acquires Hudson’s Bay’s brands
On May 15, Canadian Tire Corporation (CTC) announced it has signed a definitive agreement to acquire the intellectual property portfolio of Hudson’s Bay Company (HBC), one of Canada’s oldest retailers. The $30 million comprises HBC’s intellectual property portfolio, including brand labels and designs for the HBC Stripes, Hudson’s Bay Company, ...
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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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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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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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ArticleSteve Madden sees first cancellations amid tariff woes, seals Kurt Geiger acquisition
Steve Madden said it has received the first order cancellations in the wake of US import tariffs, as it continues to take steps to mitigate their impact, increasing prices and aggressively shifting production outside of China. Edward Rosenfeld, the Chairman and CEO, told analysts in a conference call on first-quarter ...
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ArticleNext lifts profit guidance as warm weather boosts Q1 sales
Next lifted its annual profit guidance after reporting forecast-busting first-quarter sales, citing unseasonally warm weather in the UK which boosted in-store purchases of summer clothing. Full-price group sales in the three months to April 26 rose 11.4 percent, compared with the company’s forecast of a 6.5 percent increase. The pre-tax ...
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ArticleUS footwear brands call for tariff exemption
The Footwear Distributors and Retailers of America (FDRA) has addressed an open letter to the US President, Donald Trump, asking the removal of reciprocal tariffs for footwear. The letter was signed by 76 brands, including the sneaker giants Nike, Adidas, Puma and Skechers. The letter dated April 29 started by ...
