All Shoe Intelligence articles in Volume 27, Issue 11+12
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PDF NewsletterShoe Intelligence Executive Edition: Vol. 27 - 11+12
Portuguese footwear exports up 5.4% in value in Q1 | Birkenstock hikes its guidance after strong Q2 | Cortina merges its private label activities | Shoe Zone stumbles to H1 loss on weaker demand, weather | Coats upbeat despite US tariff uncertainty | Dr. Martens hires a new Chief Brand Officer | Geox sales slip 2% in Q1 but digital channel shows growth, profitability improves | Clergerie is taken over by the Spanish company Petrel 92 SL | Glam buys the Moreschi brand | Ferragamo suffers a decline in Q1 sales | Jimmy Choo’s sales weighed down by the Americas, Asia | Deckers’ Q1 sales seen rising less than expected as tariffs start to bite | Caleres cuts costs, accelerates shift away from China after worse-than-expected Q1 | Shoe Carnival accelerates rebannering, confirms guidance as Shoe Station outperforms | Saucony and Merrell drive Wolverine’s Q1 growth | Steve Madden sees first cancellations amid tariff woes, seals Kurt Geiger acquisition | Allbirds’ net revenues decreased 18.3% in Q1 | Allbirds signs new distribution deals | Crocs withdraws guidance on macroeconomic uncertainty | Stuart Weitzman posts a sharp fall in sales ahead of its takeover by Caleres | Boot Barn starts Q1 with double-digit sales growth, sees tariff impact in H2 | Dick’s Sporting Goods to buy Foot Locker for $2.4bn | Yue Yuen’s earnings decline in Q1 | Grendene sees growth opportunity in the US | Azzas 2154’s international business stands out as Q1 footwear, accessory sales grow 5% | Alpargatas posts a significant Ebitda improvement in Q1 | Emerging designer: One step at a time; Meeko aims for responsible and respectful manufacturing
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ArticleShoe Carnival accelerates rebannering, confirms guidance as Shoe Station outperforms
Shoe Carnival announced it was once again speeding up plans to rebrand stores to its premium Shoe Station label, with Shoe Station now set to represent over 80 percent of its store fleet by March 2027, a significant increase from its previous 51 percent target. The footwear retailer’s ambitious plans ...
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ArticleCaleres cuts costs, accelerates shift away from China after worse-than-expected Q1
Caleres said it will cut costs and continue a shift away from sourcing from China, after posting worse-than-expected sales and earnings in its first quarter ended May 3. The disappointing performance came as US import tariffs started to have an effect and amid signs of worsening customer credit issues. Sales ...
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News briefs
Naf Naf goes into receivership
Naf Naf was placed into receivership on May 30 by a commercial tribunal based in Bobigny, in the outskirts of Paris. The French fashion retailer is facing cash “difficulties”, according to the court. It is the third time in its history that it faces a judicial redress. The retailer ...
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ArticleAI adoption rises in German retail, but rollout remains difficult
An increasing number of German retailers are turning to artificial intelligence, making the technology an integral part of the retail sector in Europe’s economic powerhouse, but company-wide implementation remains challenging for many, a survey from the German retail association HDE and Safaric Consulting showed. Over the past few years, ...
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News briefs
Trump accuses China of violating trade deal
US President Donald Trump has accused China of violating the preliminary trade agreement the two countries reached on May 12. In a post on his Truth Social platform, Trump said China had been in big trouble two weeks ago due to the high tariffs set by the US and so ...
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News briefs
French footwear exports down 4% in Q1
French exports of footwear totaled €1.318 billion in the first quarter of 2025, down by 4 percent year-over-year, while imports were flat at €2.086 billion, but Asian producers increased their market share, according to data released by Alliance France Cuir, the trade association representing the country’s leather and leather goods ...
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ArticleJimmy Choo’s sales weighed down by the Americas, Asia
In the fiscal fourth quarter ended March 29, Jimmy Choo, the luxury footwear brand owned by Capri Holdings, posted revenues of $133 million, down by a reported 2.9 percent and by 1.5 percent at constant currency rates, due to lower sales in the Americas and Asia-Pacific Revenues in the Europe, ...
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ArticleDr. Martens hires a new Chief Brand Officer
Dr. Martens has appointed a new Chief Brand Officer (CBO) and a new manager for the Americas. Carla Murphy will be joining the British bootmaker in July as CBO. “Carla will be responsible for driving our brand strategy, vision and creative direction, and will oversee our global product, strategy, marketing, ...
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News briefs
L Catterton sells down its stake in Birkenstock
Birkenstock Holding said that the private equity firm L Catterton is selling a 9.5 percent stake in the parent of the German sandal maker Birkenstock. Through an underwritten secondary public offering, BK LC Lux MidCo (MidCo), an entity affiliated with L Catterton, is selling 17,927,344 Birkenstock shares at $52.50 each, ...
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News briefs
Golden Goose posts a double-digit growth rate in Q1
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first quarter of 2025 net revenues rose by 12 percent year-over-year at constant exchange rates to €164.5 million, driven by the direct-to-consumer (DTC) channel. Overall DTC sales were up by 19 percent, ...
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News briefs
Trump expects US Supreme Court to reverse court ruling on trade tariffs
The US President Donald Trump said that “hopefully” the Supreme Court will overturn a ruling by the United States Court of International Trade blocking most of the trade tariffs imposed by his administration. “The ruling by the U.S. Court of International Trade is so wrong, and so political! Hopefully, the ...
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ArticleUS court rules Trump cannot impose trade tariffs
The United States Court of International Trade ruled that President Donald Trump did not have the authority under the International Emergency Economic Powers Act (IEEPA) to impose on April 2 so-called reciprocal tariffs on a string of countries. It also rejected separate tariffs imposed on China, Mexico and Canada related ...
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News briefs
Dr. Martens hires a head for the Americas
Dr. Martens has appointed Paul Zadoff as President of the Americas, starting in June. ”We have a new member of the Dr. Martens team!! We are so pleased to announce that Paul Zadoff will be joining us in June as President of the Americas to lead the next phase of ...
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News briefs
German consumer confidence improves slightly
In June, consumer confidence in Germany is expected to rise slightly to -19.9 points from a revised -20.8 points in May, according to the GfK Consumer Climate powered by NIM, which has been published jointly by NIQ and the Nuremberg Institute for Market Decisions (NIM). The preliminary reading for ...
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News briefs
EU urges Shein to respect laws, warns of fines
European Union authorities urged Shein to respect EU consumer protection laws, saying that the Singapore-based fashion online retailer could face fines if it failed to comply. Following a coordinated investigation at European level, the Consumer Protection Cooperation Network of national consumer authorities and the European Commission said that they had ...
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News briefs
Crocs names a Chief Brand Officer for the Crocs and Heydude brands
Crocs has promoted Terence Reilly to the newly appointed position of Executive Vice President, Chief Brand Officer, with oversight over the marketing and communications functions for both the Crocs and Heydude brands. Reilly was previously in charge of Heydude. “As a veteran brand expert, Terence has a proven track record ...
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News briefs
Pakistani footwear exports up nearly 12% in first 10 months of fiscal year
Between July 2024 and April 2025, which corresponds to the first 10 months of the Pakistan’s fiscal year, the Asian country increased footwear exports by 11.79 percent year-over-year to $148.4 million, according to the Pakistan Bureau of Statistics (PSB). The export of leather footwear grew by 14.14 percent to $115.3 ...
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ArticleTrump postpones plan to introduce 50% tariff on EU to July 9
The US President Donald Trump has postponed the deadline to introduce a 50 percent import tariff on goods from the European Union to July 9 from June 1, after speaking with Ursula von der Leyen, the president of the European Commission. “I received a call today from Ursula von der ...
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ArticleTwo-thirds of international firms are facing higher costs due to the trade war
Global businesses are facing surging costs and supply chain disruptions, prompting a strategic rethink of operations and planned investments due to higher tariffs and shifting trade policies, according to a survey carried out by the British bank HSBC. The survey involved 5,750 internationally exposed companies across 13 markets. “Two-thirds of ...
