German fashion industry faces a “horrific” situation, with footwear worst hit
Germany’s fashion and footwear retail sector faced another difficult year in 2025, as weak consumer spending, rising operating costs, growing online competition and excessive red tape put a strain on brick-and-mortar businesses, according to estimates from BTE, the German retail federation. Intense competition from Asian platforms such as Shein and ...
Pölking appoints a new regional sales manager
The German shoe wholesaler Pölking has appointed a new regional sales manager, with Jörn Schroeter succeeding Martin Klekamp, who has retired after almost 47 years with the company.
Scarpa names a new head for its North American business
Scarpa has appointed Jonathan Degenhardt as the new Chief Executive Officer of its North American subsidiary, replacing Kim Miller who is scheduled to retire at the beginning of 2027. Degenhardt is expected to join the company in mid april and will spend ”an extended transition period working alongside” Miller, Scarpa ...
Coats reaches several sustainability targets ahead of schedule
Coats has reported accelerated progress on several environmental and social targets in its 2025 Sustainability Report, with multiple goals originally set for 2026 already achieved or exceeded. The UK-based supplier of critical components for the apparel and footwear industry said it eliminated landfill waste across its operations a year ...
Zalando enjoyed efficiency and productivity gains thanks to AI in 2025
Zalando announced that it used AI to ”drive efficiency and productivity gains across its entire business” during 2025 and expects to achieve its target of €100 million in synergies from the acquisition of About You as soon as 2028, a full year earlier than planned.
Yue Yuen 2025: Manufacturing stable, retail weighing on earnings
The world’s largest contract footwear manufacturer posted a 1.8 percent sales decline to $8.03 billion in fiscal 2025. Weak China retail weighed on results.
Geox expects sales to continue falling in 2026
After a more than 8 percent decline in 2025, Geox expects sales to continue falling this year, albeit at a slower rate. The Italian footwear group has maintained its expectations of an improvement in the operating margin thanks to cost efficiency measures, but is due to release new estimates in ...
Ferragamo narrows its net loss
Salvatore Ferragamo narrowed its net loss to €49.2 million in 2025 from €68.1 million the previous year as it trimmed its operating costs by 13 percent to €686.4 million.
Inditex very satisfied with store and online sales
Inditex, the Spanish fashion retailer which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, said that in the year that ended on Jan. 31, sales grew by 3.2 percent to €39.9 billion, showing ”very satisfactory development both in stores and online.” Online sales grew by 4.8 percent ...
C-Suite interview: How Spanish producers of espadrilles are moving to guarantee their future
Calzia, a consortium comprising over 40 Spanish producers of espadrilles based in Caravaca de la Cruz in eastern Spain, is facing a weaker market after a recent boom in sales.
Shoe Carnival hikes its dividend
Shoe Carnival’s board has approved the payment of a quarterly cash dividend of $0.17 per share, representing a quarterly rise of 13.3 percent and an increase in the annualized dividend rate to $0.68 per share.
Tecnica Group's revenues rise to €541m
Italy-based Tecnica Group reported higher revenues in fiscal year 2025 as growth in footwear and winter sports equipment helped offset a challenging global economic environment. Revenues increased by 4.7 percent to €541.3 million, compared to the prior year, despite persistent inflationary pressures and shifting geopolitical conditions. Adjusted Ebitda fell by ...
Kane Footwear launches its first open-backed recovery shoe
Kane Footwear, a US brand of recovery shoes, launched the Revive OB, its first open-backed recovery shoe, designed for in-between activity moments. The Revive OB, meaning “Open Back,” is the third recovery shoe model in the Revive family, joining the Revive and Revive AC.
Metro Brands crosses 1,000 store threshold
Metro Brands announced that it has crossed 1,000 stores across India.
Dr. Martens Chief Product Officer steps down
Adam Meek, Dr. Martens’ Chief Product Officer, is leaving after four years in the job.
Saks Global to close 15 additional stores
Saks Global Enterprises, the troubled US multi-brand luxury retailer, said that it is closing an additional 12 Saks Fifth Avenue and three Neiman Marcus locations. On Feb. 10, the retailer had announced the closure of eight Saks Fifth Avenue and one Neiman Marcus locations in the first phase of its ...
Weyco sales, earnings decline amid uncertain retail environment
Weyco reported a decline in both sales and earnings in the fourth quarter of 2025, as it highlighted an uncertain retail environment marked by economically stretched consumers, price increases and unpredictable tariff developments.
Soles4Souls buys Erren Recondition
Soles4Souls, a US nonprofit organization turning shoes and clothing into opportunity, has acquired Erren Recondition, a European leader in footwear and apparel reconditioning. No financial details were released.
Stoke Shoes launches in over 450 stores
On March 1, Stoke Shoes was launched in in more than 450 stores in the US, including Scheels, Murdoch’s, Academy Sports + Outdoors, Rack Room Shoes, Shoe Department, Shoe Sensation, Runnings, Sun & Ski and North 40. Less than 90 days prior, the brand was launched online.
MySize’s stock has to regain compliance on Nasdaq
MySize, an Israel-based producer of AI-driven sizing solutions, footwear fit-tech and retail innovation, received on March 2 a notice from the Nasdaq stock market stating that the closing bid price of the company’s common shares has been below $1.00 for 30 consecutive trading days. MySize has been provided 180 calendar ...