Golden Goose opens it largest Asia-Pacific in Beijing
The Italian luxury sneaker brand Golden Goose opened its largest store in the Asia-Pacific region on April 15: a 475-square-metre flagship at Beijing’s Taikoo Li Sanlitun. The store is roughly twice the size of a typical Golden Goose boutique.
Shoe Zone expects to post a loss this year
Shoe Zone has warned it is set to swing to an annual loss, citing declining consumer confidence and the Middle East war.
Primark to demerge from its parent company
Primark’s owner Associated British Foods (ABF) is demerging the budget clothing chain from its food operations after a review of the group’s structure, despite warning that the US-Iran conflict would hit consumer spending and raise prices.
Insolvency proceedings underway for Sutor Group companies
Insolvency proceedings have been opened for four companies of the Sutor group – Sutor Schuh GmbH, FJ Trading GmbH, Happy Lagerverkauf GmbH and Sutor GmbH & Co. KG – after the German shoe retailer slipped into bankruptcy amid long-standing financial difficulties.
Advance Capital Partners, Mass complete the acquisition of Leder & Schuh
The acquisition of Austrian footwear company Leder & Schuh by the Slovenian private equity firm Advance Capital Partners and the Slovenian retailer Mass has been completed “following the fulfilment of all conditions and the receipt of approvals from relevant competition authorities,” Advance Capital said in a statement.
Spartoo's earnings improve on cost control
In 2025, Spartoo posted a 7.3 percent year-over-year decline in gross merchandise value (GMV) to €171.2 million as the business-to-consumer channel fell by 10.0 percent to €149.9 million. The turnover from third-party services advanced by 19.1 percent to €21.7 million, as the business gained 46 new clients during 2025 ...
Roots explores a possible sale
Roots has initiated a strategic review that includes the possibility of being sold. The Canadian lifestyle brand has hired J.P. Morgan Securities Canada Inc. as its financial advisor and Torys LLP as its legal advisor for the review.
Deichmann’s sales were up a currency-adjusted 2% in 2025
In 2025, Deichmann, Europe’s largest footwear retailer, booked currency-adjusted sales growth of over 2 percent to around €8.9 billion. The German group sold some 180 million pairs of shoes through 4,700 stores and 40 online shops in more than 30 countries. Almost 70 percent of sales came from outside Germany. ...
EU to proceed with provisional application of the trade agreement with Mercosur
The European Commission, the executive arm of the European Union (EU), is proceeding with the provisional application of the controversial free trade agreement with Mercosur after the accord was cleared by Argentina and Uruguay.
Theo Wormland to cease operations
Wormland, the German men’s fashion retailer, founded in Hannover in 1935, is shutting down after efforts to find new investors failed following its second insolvency. With no viable offers submitted, the provisional creditors’ committee has decided to close the nearly 90-year-old company and insolvency proceedings were formally opened by the ...