Caleres aims to bring Stuart Weitzman to breakeven in 2026
Caleres said that it plans to bring Stuart Weitzman to breakeven in 2026 and to achieve profitability for the brand after that, as the latest addition to its Brand Portfolio segment dragged down earnings in the third quarter and management predicted it would be dilutive to the bottom line for ...
Designer Brands sees positive momentum continuing at start of Q4 after Q3 earnings best
Designer Brands said it is continuing to see positive momentum at the start of the fourth quarter after posting a sequential improvement in its top line and higher-than-expected earnings in the third quarter ended Nov. 1.
Genesco cuts its full-year guidance
Genesco cut its full-year guidance after been hit by a “meaningful pullback” in consumer demand after the back-to-school season as well as a difficult market in the UK, which is affecting its Schuh banner.
RG Barry Brands takes over Green Market Services
RG Barry Brands, an American footwear and accessories company, has reached an agreement in principle to acquire substantially all the assets of Green Market Services (GMS).
Portwest takes over Grupo Kondor Colombia
Portwest, an Irish provider of workwear, safety footwear and personal protective equipment, has acquired a majority shareholding in Grupo Kondor Colombia, the market leader in safety footwear in Colombia. No financial details were available.
Wormland files for insolvency again
Just over a year after emerging from bankruptcy, the German men’s fashion retailer Wormland has once again filed for insolvency with the Osnabrück District Court.
ACBC creates a scientific committee to bolster innovation
ACBC, an Italian B-Corp certified firm specializing in product innovation and sustainable, circular solutions for the fashion and lifestyle industries, has created a four-member scientific committee, an advisory body created to further strengthen the company’s research, development, and innovation path.
Sportup hires a sales and marketing manager
As it celebrates its 25th anniversary, the Italian footwear producer Sportup has reinforced its management structure by hiring Alessandro Perletti as Sales & Marketing Manager in an effort to enter new markets and set up new partnerships with international distributors.
Wortmann plans management changes for Tamaris over next two years
The German footwear manufacturer and distributor Wortmann Group is preparing for the renewal of its leadership team for its key Wortmann KG unit, which manages the Tamaris brand, over the next couple of years, built on internal succession and long-standing company experience.
Portuguese footwear exports rise in first nine months of 2025
In the first nine months of 2025, Portuguese footwear exports rose by 3.8 percent year-over-year in volume to 53.3 million pairs and by 2.1 percent in value to €1.322 billion, according to data released by the Portuguese footwear association Apiccaps.
German online fashion retail moves away from free shipping and free returns
Free shipping and free returns are becoming increasingly rare in the German online fashion retail sector as post-purchase support shifts toward greater cost transparency, a new survey showed. At the same time, the post-purchase experience remains only partially tapped as a source of differentiation, leaving opportunities to build customer loyalty ...
Global personal luxury goods market seen falling by 2% this year
The personal luxury goods market is expected to decline by 2 percent at current exchange rates, but to be flat at constant rates, reaching €358 billion in 2025, but could resume growing over the next decade by up to 6 percent a year, according to a report released by the ...
Austrian shoe retailers post a strong sales increase in H1
After several challenging years, Austria’s retail sector is showing signs of recovery and posting its first real growth in four years in the first half of 2025, with the shoe industry leading the rebound, a survey by the Austrian Institute for Economic Research (IFÖW) showed.
