All Retail articles – Page 5
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ArticleGörtz closes its flagship store in Hamburg
The troubled Hamburg-based shoe retailer Görtz has closed its flagship store in the Spitalerstrasse in Hamburg’s city center, handing it over to its landlord on April 30, according to media reports. First opened in the 1980s, the flagship store spanned more than 4,000 square meters of retail space. When it ...
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ArticleAndré placed into receivership, again
The French footwear retailer André was placed in receivership on April 30 by a Paris-based commercial court. It is the third time in five years that the banner has been placed in receivership. On May 4, 2023, the Belgian company Optakare, run by Karim Redjal, was chosen by a Nanterre-based ...
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Jennyfer files for liquidation
On April 30, the Bobigny commercial court near Paris placed Jennyfer into compulsory liquidation, putting 999 jobs at risk. The French fashion brand can continue operating until May 28, when the court will examine possible takeover offers. “Exploding costs, falling purchasing power, changes in the textile market and increasingly aggressive ...
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Hudson’s Bay liquidates its remaining stores
On April 25, Hudson’s Bay Company, the Canadian group comprising the retailer Hudson’s Bay and TheBay.com, started liquidating inventory at its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. The group believes that ”a viable bid for the current six-store model is unlikely.” The locations join the ...
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French footwear sales up by 3.9% in March
In March, French footwear retail sales rose by a seasonally and working-day adjusted 3.9 percent month-on-month after falling 1.8 percent in February, according to the Bank of France. Overall, retail sales in France dipped a seasonally and working-day adjusted 0.1 percent from February, when they rose by 0.6 percent. ...
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Hoka opens its first store in Vietnam
Hoka has opened its first store in Vietnam. Located in the center of Ho Chi Minh City, the store is operated in partnership with the footwear brand’s distributor Central Brand & Specialty Group (CBS) and offers a full range of products, from road and trail running to street-ready styles. “We ...
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ArticleAstorMueller sets up a joint venture in India
AstorMueller has set up a joint venture in India called Nuvora as the Swiss footwear group aims to make the fast-growing Asian country one of its main markets. AstorMueller is the exclusive worldwide license holder for Bugatti and Daniel Hechter shoes. In August 2023, it acquired the trademark rights to ...
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UK footfall declines on Easter timing
In March, footfall in British stores dropped by 5.4 percent year-over-year, reflecting a different timing for Easter, which falls on April 20 in 2025 compared with end of March last year, according to the latest survey released by the British Retail Confederation and Sensormartic. In February, the footfall rose by ...
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ArticleDeichmann’s 2024 revenues up 2.3%
Deichmann said that it “had a very successful 2024,” posting gross revenues of about €8.7 billion, or a net €7.4 billion, compared with €8.5 billion a year earlier. Currency-adjusted growth was 2.3 percent. “Good sales of higher-priced brand models have driven up the average price of the models sold,” commented ...
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ArticleC-Suite interview: Pegada plans to open 100 stores worldwide this year
Pegada, a Brazilian footwear company located in Dois Irmãos in the state of Rio Grande do Sul, plans to open about 100 stores this year. The company, whose name means “footprint” in Portuguese was founded in 1989 by two brothers with two of their cousins, churns out 7 million pairs ...
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Vivaia opens its first US store
Vivaia, a digitally-native footwear brand launched in 2020, has opened its first US brick-and-mortar store in New York. The 900-square-foot store is located at 68 Prince Street, in the heart of SoHo. The inaugural US store follows the brand’s retail expansion within the US, its largest market globally, and wholesale ...
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Birkenstock opens a 2nd store in Paris
Birkenstock opened a second store in Paris. The 85-square-meter store is located at 4 Rue de Sèvres, in the French capital’s 6th arrondissement, within the Saint-Germain-des-Prés area, renowned for its intellectual and artistic legacy. Last year, the German footwear brand opened a store in Paris’ Marais district. The latest store ...
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Birkenstock opens a store in Nashville
Birkenstock opened a store in Nashville, Tennessee. It is the brand’s tenth company-owned retail store in the United States. The store offers a full range of products for women, men, and kids, including the brand’s iconic sandals, clogs, sneakers, shoes, and boots. Guests can also explore the Birkenstock Care Essentials ...
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EEC launches a new company structure and advisory board
The European-Clearing-Center (ECC) has streamlined its corporate structure and now operates as a GmbH, or a limited liability company in Germany. The restructuring, according to ECC, aims at increasing efficiency and sharpening the strategic focus of the company, which acts as a platform for electronic data exchange between producers and ...
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ArticleC-Suite interview: Valleverde expects stable revenues in 2025 and calls for European import duties
Valleverde is one of Italy’s most famous footwear brands with a presence of more than 40 years in its home market. Known for its comfort shoes and television commercials with the American actor Kevin Costner, Valleverde nevertheless filed for bankruptcy protection at the end of 2013. After six bankruptcy auctions ...
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Peter Kaiser opens outlet in Pirmasens
The women’s footwear brand Peter Kaiser has opened its new outlet in Pirmasens, in the Rhineland-Palatinate region of Germany, on the occasion of an open day at Caprice Schuhproduktion earlier this month. More than 1,000 visitors attended the event, according to Caprice. They were offered an insight into the footwear ...
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ArticleSpartoo’s sales drop but its cash flow improves
In 2024, Spartoo suffered a 7.7 percent decline in gross merchandise value (GMV) to €184.7 million, resulting in an 8.7 percent drop in revenues to €130.5 million. The French omnichannel fashion retailer generated €114.9 million of its GMV in France, down 6.9 percent year-over-year, and €69.8 million abroad, down by ...
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ArticlePeru and Guatemala shoemakers target new markets
Peru and Guatemala are two important Latin American footwear markets for different reasons. Peru, despite an annual production of 62 million pairs, ranks third after Chile and Mexico among the continent’s importing countries. Guatemala, on the other hand, ranks fourth after Brazil, Mexico and Ecuador among the region’s exporters, with ...
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ArticleDesigner Brands resumes comparable sales growth in Q4, sees more ahead in FY25
Designer Brands expects to see profitable sales growth in the current fiscal year despite signs of consumer caution, after it returned to comparable sales growth in the fourth quarter ended Feb. 1 for the first time in nine quarters. The company, which owns the DSW chain, The Shoe Company and ...
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French footwear sales down by 1.8% in February
In February, French footwear retail sales fell by a seasonally and working-day adjusted 1.8 percent month-on-month, according to the Bank of France. Overall, French retail sales grew by a seasonally and working-day adjusted 0.5 percent month-on-month, after falling 0.1 percent in January. Food sales rose by 1.4 percent after falling ...
