All Shoe Intelligence articles in Volume 27, Issue 11+12 – Page 3
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ArticlePortuguese footwear exports up 5.4% in value in Q1
In the first quarter of 2025, the Portuguese footwear industry exported 20 million pairs of shoes, worth €453 million. Compared to the previous year, shipments were up by 4.9 percent in volume and 5.4 percent in value, according to the Portuguese footwear association Apiccaps. “This is a very promising start ...
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ArticleDick’s Sporting Goods to buy Foot Locker for $2.4bn
The US sporting goods retailer Dick’s Sporting Goods has reached an agreement to acquire the footwear and apparel retailer Foot Locker for about $2.4 billion in move that is expected to significantly increase its buying power of sporting goods. The enterprise value for the deal, which includes the debt Dick’s ...
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ArticleGeox sales slip 2% in Q1 but digital channel shows growth, profitability improves
Geox generated sales of €189.0 million in the first quarter of 2025, down by 2.4 percent compared to the year earlier, as gains in the digital channel were not sufficient to offset the impact of store closures and lower order intake from wholesale partners for the spring/summer 2025 collection. Despite ...
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ArticleEmerging designer: One step at a time; Meeko aims for responsible and respectful manufacturing
Headquartered in Malakoff, a suburban commune located south of Paris, Meeko is the brainchild of Guillaume Mesly d’Arloz and Maxime Savart, whose extensive travels and volunteer work in far-flung lands led them to create a shoe that respects nature to the max, while being versatile and durable. Mid-way between a ...
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ArticleCortina merges its private label activities
Cortina, a Belgian developer and distributor of footwear, has merged its Best Buy Shoes (BBS) and private label divisions into a single entity Cortina Private Label. “Under the new structure, Cortina Private Label will offer one streamlined collection with three distinct business models, each tailored to meet the needs of ...
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News briefs
Footwear entrepreneur Markus Rieker dies
Markus Rieker, the long-standing owner and designer behind Germany’s Rieker footwear group, died last month at 81. The footwear entrepreneur, the grandson of company founder Heinrich Rieker, played a key role in shaping the brand’s global identity over several decades. He joined the company’s management team in 1975, ...
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News briefs
US cuts de minimis tariff for Chinese goods
In an executive order signed on May 12, US President Donald Trump is cutting the so-called “de minimis” tariff on parcels from China, including Hong Kong, to 54 percent from 120 percent from May 14. A flat fee of $100 remains in place. The “de minimis” exemption enables shipments with ...
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News briefs
German online retail continues to recover in Q1
Online sales in Germany continued to pick up in the first quarter of 2025, marking the first time since mid-2022 that e-commerce has outpaced inflation. Footwear sales, in particular, outperformed, according to a survey released by the federal association of e-commerce and mail order trade, BEVH. Total online sales ...
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ArticleAzzas 2154’s international business stands out as Q1 footwear, accessory sales grow 5%
The Brazilian footwear and apparel group Azzas 2154 said that gross revenues for its footwear and accessories business unit grew by 4.8 percent in the first quarter of 2025 compared to the year earlier, reaching 1,038.2 million reais (€165.3m).The company highlighted growth by the Anacapri and Vans brands and the ...
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ArticleChina and US to suspend part of tariffs for 90 days starting May 14
China and the US have jointly announced a 90-day suspension of certain tariffs starting on May 14, following talks in Geneva between the parties. The US said it would lower its reciprocal tariff on Chinese goods to 10 percent from 125 percent, while China said it would cut its tariff ...
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ArticleAlpargatas posts a significant Ebitda improvement in Q1
In the first quarter, Alpargatas, the parent company of Havaianas, parent posted a 93 percent year-over-year improvement in Ebitda to 207.3 million Brazilian reais (€32.3m) as net sales increased by 17.5 percent to R$1,082.1 million (€168.0m) with 51 million pairs sold in Brazil and another 5.8 million in international markets. ...
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News briefs
Eurofins offers testing of recycled plastics in textile, apparel and footwear
Eurofins Sustainability Services, a Boston-based unit of the French testing, certification and inspections group Eurofins Scientific, said that it has grown its service offering to include recycled plastics testing for the textile, apparel and footwear industries. “By using the most advanced methodology, this is the first service of its kind ...
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News briefs
Alohas opens stores in Amsterdam and New York
The Spanish footwear and clothing brand Alohas has opened a store in Amsterdam and another in New York as part of its international development. The brand opened its first foreign store in Paris in September 2024, followed by a store in Milan in March 2025. Along with its stores in ...
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ArticleGrendene sees growth opportunity in the US
Grendene posted higher sales in the first quarter of 2025 thanks to growing exports, driven by South American markets. The Brazilian group believes it can benefit from the introduction of hefty import duties by the US on Chinese goods to expand in the North American market. In the three months ...
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ArticleGlam buys the Moreschi brand
The Italian company Glam has bought the Moreschi and Stemar brands for €1.738 million, according to media reports. The acquisition also includes machinery, furniture, raw materials and an inventory of about 7,000 pairs. Glam will also be taking over the lease of the Moreschi store in the center of Milan, ...
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News briefs
Barefoot trade fair announces first participants
The organizers of the first edition of Barefoot - European Shoe Fair, the new trade fair format focusing on barefoot shoes, have announced the first selection of registered exhibitors. According to Messe Offenbach and the German footwear and leather goods trade association, HDS/L, the participants will include Leguano, Vivobarefoot, Affenzahn, ...
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ArticleSaucony and Merrell drive Wolverine’s Q1 growth
Wolverine Worldwide (WWW) returned to profitability in the first quarter, bolstered by double-digit growth from its two largest brands, Merrell and Saucony. However, the company withdrew its full-year financial outlook due to uncertainty surrounding proposed US tariffs and their potential impact on costs and inventory planning. The US group said ...
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ArticleAllbirds´ net revenues decreased 18.3% in Q1
Allbirds released first-quarter results in line with expectations and held guidance for the full year, while other brands withdrawing forecasts amid the turmoil caused by import tariffs introduced by the administration of US President Donald Trump. Net revenues of the San Francisco-based shoe manufacturer decreased by 18.3 percent to ...
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ArticleSteve Madden sees first cancellations amid tariff woes, seals Kurt Geiger acquisition
Steve Madden said it has received the first order cancellations in the wake of US import tariffs, as it continues to take steps to mitigate their impact, increasing prices and aggressively shifting production outside of China. Edward Rosenfeld, the Chairman and CEO, told analysts in a conference call on first-quarter ...
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ArticleNext lifts profit guidance as warm weather boosts Q1 sales
Next lifted its annual profit guidance after reporting forecast-busting first-quarter sales, citing unseasonally warm weather in the UK which boosted in-store purchases of summer clothing. Full-price group sales in the three months to April 26 rose 11.4 percent, compared with the company’s forecast of a 6.5 percent increase. The pre-tax ...
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