All Snipes articles
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Article
Deichmann continues to grow in 2023
Deichmann continued to grow in 2023 despite difficult business conditions, especially in its home market. The German footwear retailer, which is present in 34 countries, generated gross revenues of €8.7 billion, or a net €7.4 billion, in 2023, up by just over 7 percent on a currency-adjusted basis. Like-for-like sales, ...
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News briefs
Snipes’ U.S. chief merchandising officer retires, his successor is named
The global sneaker and streetwear retailer Snipes announced the retirement of Brian Forde, group chief merchandising officer in the U.S., effective June 30, 2024. After 40 years in the sneaker industry, Forde is retiring. Forde began his career in various sales leadership roles at Nike before transitioning into retail in ...
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News briefs
Snipes’ founder steps down as CEO
Sven Voth, the founder of sneaker specialist Snipes SE, is handing over his position as CEO to Dennis Schröder, who has been the company’s general manager since April 2023. Schröder will immediately assume responsibility for the business of the internationally operating sneaker and streetwear retailer. Voth will remain with the ...
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News briefs
Snipes hires a general manager for Europe
Dennis Schröder, the chief marketing officer who just left 11teamsports, will take over the position of general manager for Europe at the sneaker specialist Snipes from May 1, 2023, supporting its founder and CEO Sven Voth in the day-to-day operations. In addition to Voth, CFO Tim Spickenbom and COO Peter ...
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News briefs
Snipes invests in a new logistic center
The sports and lifestyle retailer Snipes is building a new service and logistics center in Bedburg, Germany, in order to be positioned for the planned expansion of the company. The construction is the largest logistics investment ever made by the sneaker and streetwear retailer. According to the company, Snipes is ...
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News briefs
Snipes appoints a COO
Peter Buse has been appointed chief operating officer of Snipes, a new role at the Cologne-based sneaker and streetwear retailer. Most recently, Buse held the same role at Momox, from July 2019 to July 2022. He previously worked at Netrada, also as COO, and at Arvato as logistics manager. This ...
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Article
Snipes buys the U.S. chain Jimmy Jazz
Snipes, the sneaker retail chain owned by the Deichmann Group, has agreed to acquire Jimmy Jazz, an American chain of sneaker stores with a hip-hop vibe and headquarters in Secaucus, New Jersey. The deal was signed on Dec. 1 and should close before the year is out. Terms remain undisclosed. ...
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News briefs
Snipes buys the Polish chain Distance
Snipes, the German-based sneaker and streetwear retail chain owned by Deichmann , is expanding in Poland with the acquisition of the retailer Distance . The deal still has to obtain regulatory clearance and no financial details were released. Distance has been active in Poland since 2003. It has ...
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News briefs
Snipes launches co-branded collection with Starter
International sneaker and streetwear retail chain Snipes has struck a deal with the U.S. textile manufacturer Starter to launch a co-branded capsule collection based on the latter’s Black Label line. For the spring/summer season, the collection will focus on Starter Black Label’s ‘90s-inspired style. With the ...
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News briefs
Nike manager switches to Snipes
The Deichmann group has appointed a long-time Nike manager to the new position of European general manager for Snipes , its international chain of sneaker shops. Starting on Nov. 1, he will join Snipes’ founder and chief executive, Sven Voth , and Tim Spickenborn , the chief financial ...