All Retail articles – Page 8
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ArticleOtto Group changes legal status
The German mail order company Otto, owner of the Freemans, About You, Bonprix and Evri businesses, among others, is preparing to change its legal form and streamline its corporate structure as a generational handover gets underway. “In the course of the forthcoming generational change at the helm of the Otto ...
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ArticleGerman companies face unprecedented supply chain challenges
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China. These were the findings of a survey conducted from Sept. 18 to Oct. 25 by four ...
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Castañer opens its first store in Italy
After experimenting with a pop-up store in Milan last year, Castañer opened its first permanent store in Italy. The 33-square-meter store is located in Via del Babuino, one of Rome’s most exclusive shopping streets. The Spanish footwear brand is present in 20 countries through seven directly-operated stores, four in ...
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ArticleShoe Carnival accelerates store rebranding as hurricanes, warm weather hurt Q3 sales
Shoe Carnival is accelerating with plans to rebrand some of its Shoe Carnival stores into the higher-priced Shoe Station banner, after the success of an initial 10 stores that have made the switch. The company said it is expanding its store rebranding strategy to an additional 25 stores in the ...
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Birkenstock opens its seventh store in the US
Birkenstock opened its seventh company-owned retail store in the US. Located on Newbury Street, Boston, the store offers an extensive range of products for women, men and kids including sandals, clogs, sneakers, shoes, boots and socks. Additionally, the location features Birkenstock’s new Care Essentials collection, marking an expansion into foot ...
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Milan tops the global ranking of most expensive shopping destinations
Milan’s via Montenapoleone topped the ranking of the world’s most expensive retail destinations in 2024, according to Cushman & Wakefield’s 34th edition of the Main Streets Across the World report. It is the first time a European city tops the ranking, which comprises 138 retail locations worldwide. Montenapoleone is followed ...
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Cinq à Sept launches its first footwear collection
The New York-based ready-to-wear brand Cinq à Sept launched its first-ever footwear collection on Nov. 21. The collection is designed in New York and made in Brazil. It is available online at cinqasept.nyc, in-store at the Cinq à Sept New York City boutique and with premiere retailers worldwide. Cinq à ...
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ArticleRussia’s footwear imports are declining
During the first nine months of 2024, Russia imported 261.6 million pairs of shoes, 11.2 percent less than the previous year, according to the Russian Center for Prospective Technologies, a government agency monitoring the retail industry. In the third quarter of 2024, the agency stated that imports were 9.7 percent ...
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Leguano opens new stores
The German barefoot footwear specialist Leguano is revamping its retail network with the opening of new stores in Paderborn, in the North Rhine-Westphalia region of Germany, and in Kleve, in the Lower Rhine region. The outlet in Paderborn, which replaces the former barefoot store at Husener Straße 121, will ...
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Humanic to open a flagship store in Vienna
The Austrian footwear chain Humanic continues to expand its retail network with a new flagship store in Vienna, at Kärntner Straße 5, right next to Stephansplatz, one of the most sought-after retail locations in the city. The store is scheduled to open in the spring of 2025 and will ...
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Zappos reopens its outlet in Louisville
After two years, Zappos.com has reopened its original and only outlet store, The Outlet Powered by Zappos, in Louisville, Kentucky. The US online footwear retailer first opened the outlet in 2019 and then closed it at the end of 2022 as part of its effort to refocus its business. “Zappos ...
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Brand, price and sustainability are key drivers for German consumers
More than 60 percent of Germans own up to ten pairs of shoes, and nearly a fifth buy new shoes at least four times a year, placing a special importance on brand, price and sustainability, a survey from the trade magazine Schuhkurier and the Cologne-based market research and consulting institute ...
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ArticleRussian footwear retailers suffered a drop in traffic
The average consumer traffic in Russian footwear stores dropped by 10 percent during the summer months, Focus Technologies, a Moscow-based think tank, reported. Several factors are likely contributing to this trend, including the end of the rebound effect on the market following the turbulence in 2022 and growing competition, according ...
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ArticleNeroGiardini sets its sights on the Far East
After the opening of its first shop in South Korea in March 2023, NeroGiardini inaugurated a second store in the country in September 2024 as part of its strategy of expanding in the Far East. The new shop was opened in the Lotte Department Store Myeongdong Main Branch, in the ...
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Ochsner Shoes opens a redesigned flagship store in Zurich
The Swiss shoe retailer Ochsner Shoes has reopened its modernized flagship store on Zurich’s Bahnhofplatz, featuring open, light-filled spaces with natural wooden elements. Product display is enhanced by digital features such as screens and Bita Touch technology, which fit into the overall store concept, providing customers with additional information ...
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Leder & Schuh opens three new stores
The Austrian shoe retailer Leder & Schuh is continuing its expansion with the opening of three new stores. On Oct. 3, two Humanic shops were launched, one in the Eisenstadt shopping center in the Burgenland region of Austria and in the HEY! Steyr shopping center in Steyr, Upper Austria, ...
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ArticleDecline in retail space in Austria accelerates, with footwear among the worst hit
Austria is losing retail space at an increasing pace, with a decline observed over the last decade accelerating in the past two years, and the footwear retail sector is among the worst hit, a survey from market researcher RegioData showed. Companies are less inclined to expand, some are downsizing ...
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ArticlePajar Canada buys Cougar Shoes
The Canadian footwear group Pajar Canada bought its peer Cougar Shoes. No financial details were released, but Pajar described the acquisition as a “significant milestone.” Thanks to the takeover, Cougar shoes will be able to leverage the group’s “combined expertise to create unique products that resonate with both longstanding ...
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ArticleBirkenstock starts direct sales in South Korea
On Oct. 23, Birkenstock launched a country-specific e-commerce website for South Korea as part of its strategy to bolster its presence in Asia. The website, www.birkenstock.com/kr, lays “the foundation for further expansion in the dynamically growing country, which is home to 52 million people,” explained the footwear brand. From ...
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Bark and Crocs launch a shoe collection for dogs
Bark, a US omnichannel dog brand, announced on Oct. 23 the release of the “highly anticipated” Pet Crocs, a collection of shoes for dogs created in collaboration with Crocs. The shoes are available to subscribers of BarkBox, a monthly themed surprise of toys and treats, and Super Chewer, a monthly ...
