All Retail articles – Page 7
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Ecco opens a flagship store in Mumbai
The Danish footwear brand Ecco has launched its first signature store in Mumbai, marking a significant milestone in its expansion across India. The 1,200 square-foot store, located in the upscale Phoenix Palladium Mall in Lower Parel, was opened in partnership with Jaipuria Brandz, a company specializing in managing and distributing ...
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Deichmann opens a flagship store in Cologne
Deichmann has opened a new flagship store in a prime location in Cologne’s city center. Located in a newly built commercial building at Schildergasse 56-58, on Cologne’s shopping mile, the new store replaces Deichmann’s multi-story shop at Schildergasse 85/87. Spanning one floor with a total sales area of over 815 ...
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ArticleGörtz faces insolvency again
One and a half years after the end of its insolvency proceedings, the troubled Hamburg-based shoe retailer Görtz is once again facing bankruptcy. On Jan. 20, the Hamburg District Court appointed the lawyer Gideon Böhm of the law firm Münzel & Böhm as provisional insolvency administrator, after four creditors filed ...
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ArticlePrimark lowers sales forecasts as cautious consumers rein in spending
Primark has cut its sales growth target to low-single digits for fiscal 2025 after warmer autumn weather and cautious consumers worried about their finances dented UK revenues in the 16 weeks to Jan. 4. In the UK, the fast-fashion retailer’s sales declined by 4 percent during the period and 6.4 ...
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Skechers opens its first Skechers Performance store
Skechers opened its first Skechers Performance store in the world at the West Edmonton Mall in Canada. The more than 7,500-square-foot store is “an experiential retail space, complete with half-courts and the brand’s extensive offering including its renowned basketball, running, golf, soccer and pickleball technologies,” the US brand explained. The ...
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ArticleShoe Zone FY profits plunge on weak second half
A tough second half has hit annual results at Shoe Zone with unseasonal summer weather, poor store sales, declining consumer confidence and higher costs denting the bottom line of the British retailer. Pre-tax profit in the year to Sept. 28 plunged 38 percent to £16.2 million (€19.2m) after sales fell ...
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ArticleSneakersnstuff files for bankruptcy
For the first decade of the millennium, it was the hip Södermalm neighborhood in central Stockholm where the sneaker world turned its attention when it came to product releases for limited-edition shoes. Outside the store of Swedish sneaker retailer Sneakersnstuff, or SNS as the industry, colleagues and sneaker fans all ...
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French footwear sales down by 2.7% in December
In December, French footwear retail sales fell by a seasonally and working-day adjusted 2.7 percent month-on-month, according to the Bank of France. Overall, French retail sales were down 0.6 percent month-on-month after a decrease of 0.1 percent in November. Manufactured goods sales were down by 1.0 percent, after remaining stable ...
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ArticleBrazilian shoemakers hope Trump will help boost their sales to the US
As Donald Trump is sworn in as the 47th President of the US on Jan. 20, Brazilian shoemakers hope to benefit from a possible reduction in shipments of Chinese footwear to the world’s largest market in value in the wake of higher import duties. During his electoral campaign, Trump, who ...
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Görtz to vacate two stores in Hamburg due to rent arrears
The troubled Hamburg-based shoe retailer Görtz has to vacate two of its stores in Hamburg after it failed to pay rent, the Hamburg District Court ruled. The stores affected are located in the City Center Bergedorf and Alstertal shopping centers. Görtz Retail GmbH owes its landlords a combined total of ...
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ArticleGenesco sees next wave of Journeys growth fueled by store remodels
Genesco expects store remodels underway at Journeys since October will fuel the next wave of growth at the division, where comparable sales jumped by 14 percent in the first eight weeks of the fourth quarter of its 2025 fiscal year. Mimi Vaughn, CEO, told the ICR Conference on Jan. 13 ...
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ArticleBoot Barn sees growth underpinned by store openings
Boot Barn expects sales growth to continue to be underpinned by store openings, as it approaches the halfway mark of a goal to have 900 stores operating in the US in the next four or five years. Jim Watkins, the Chief Financial Officer of the US footwear retailer, explained during ...
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Birkenstock opens a flagship store in Cologne amid European expansion
Birkenstock has transformed its former pop-up store in downtown Cologne into a permanent retail location. The 80-square-meter store, located at Ehrenstraße 5-7 and reopened on Nov. 28 after a complete redesign, is part of Birkenstock’s efforts to expand its presence in Europe. The store design prominently features cork ...
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Kandahar opens its first shop-in-shop
The Swiss footwear brand Kandahar opened its first shop-in-shop in the heart of Zurich’s city center, in the renowned Schuhhaus Schulthess on the Rennweg shopping street, to showcase its collection. According to the co-CEO, Claudio Minder, “2025 will be a year of expansion for Kandahar.” In addition to ...
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Skechers opens flagship store in Prague
On Dec. 19, Skechers opened a 596-square-meter flagship store in the center of Prague, in the city’s high street, Na Příkopě. The location offers an extensive range of footwear, apparel and accessories for the entire family. The US brand now has eight Skechers retail locations in the Czech Republic and ...
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ArticleSurveys paint a bleak picture of Germany’s holiday season sales
The shopping period leading up to the holiday season has brought more disappointment than cheer for both Germany’s online retailers and brick-and-mortar stores. The grim picture was painted by two surveys: the report of the German retail association, HDE, on brick-and-mortar sales in the week leading up to Dec. 15, ...
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UK’s top 1% shopping destinations command 30% of consumer spend
The top 1 percent of the UK’s shopping destinations represent 30 percent of consumer spending in brick-and-mortar stores, prompting brands to focus on the best locations, according to Mark Allan, Chief Executive Officer of the British property group Landsec. “The top 1 percent of the UK’s shopping destinations provide brands ...
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Primark plans to double its store network in Italy by 2030
Primark plans to invest €150 million in Italy by 2030 in order to double its store network to about 34 to 35 locations. The investment is expected to create some 2,500 jobs. With the opening on Dec. 12 of a store in Pontecagnano Faiano, in the southern province of Salerno, ...
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ArticleEmerging designer: CB Made in Italy seeks slow and steady growth
While their store in Via Santo Spirito in Florence may just be a mere 40 square metres (430 square feet), CB Made in Italy is brimming with ideas and plans for the future. The brainchild of Cecilia Bringheli and Sibilla De Vuono, CB Made in Italy offers a limited number ...
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Cole Haan enters a distribution deal with HiMaxx in China
Cole Haan entered an exclusive distribution agreement in China with HiMaxx. In conjunction, the Chinese retailer announced a new premium branded division, focused on Cole Haan, under the leadership of co-founder and board member Jason Hou. Established in 1928, Cole Haan is an American lifestyle brand distributed in about 100 ...
