All Shoe Intelligence articles in Volume 27, Issue 15+16 – Page 2
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ArticlePrada’s H1 sales come in below expectations
The Prada Group posted net revenues of €2,740 million in the first half of 2025, up by 8 percent year-on-year on a reported basis and up 9 percent at constant exchange rates driven by the Miu Miu brand. The top line was below market expectations of over €2,800 million. “In ...
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News briefs
Europe’s economy slows down
In the second quarter of 2025, seasonally-adjusted gross domestic product (GDP) increased by 0.1 percent compared with the previous quarter in the eurozone and by 0.2 percent in the European Union, according to a preliminary estimate from EU’s statistical office Eurostat. In the first quarter, GDP increased by 0.6 ...
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US plans 25% tariff for India from Aug. 1
The US President, Donald Trump, said that Indian exports to the US could face a 25 percent customs duty from Aug. 1. The Asian country could also face a penalty for buying arms and energy from Russia, helping the country finance its war against Ukraine. “Remember, while India is our ...
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ArticleRocky Brands lifts its full-year guidance
Rocky Brands raised its full-year guidance for sales and earnings after turning in a better-than-expected performance in the second quarter and as efforts to mitigate the impact of US import tariffs bear fruit. Rocky Brands now anticipates that sales will rise by four to five percent versus previous expectations of ...
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News briefs
Skechers rejects Kizik’s allegations of patent infringement for Slip-ins
Skechers said that it will “vigorously” defend the patent suit filed in a Texas court against it by Kizik Design, alleging that the entire line of Skechers Hands Free Slip-ins infringe Kizik’s patents. The company believes that the allegations “are baseless.” “As owners of a vast portfolio of intellectual property, ...
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LVMH’s sales and earnings decline in H1
LVMH’s fashion and leather goods division posted revenues of €19.115 billion in the first half of 2025, down by a reported 8 percent year-over-year and down by 7 percent organically. The profit from recurring operations for the division decreased 18 percent to €6.636 billion. Sales for the whole French ...
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ArticleGeox changes CEO
Geox’s Chief Executive Officer, Enrico Mistron, has stepped down after having reached an agreement with the board for the ”consensual termination” of his role. The decision is ”essentially due to differences concerning certain aspects of the group’s strategy, particularly with regard to the acceleration of the company’s transformation process,” the ...
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News briefs
EU and US reach a tentative trade deal
The US and EU announced a tentative deal under which the EU would pay a 15 percent tariff on nearly all exports to the US. In return, the EU plans to purchase $750 billion in US energy and invest $600 billion in sectors such as pharmaceuticals and automobiles. Pharmaceuticals, steel ...
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ArticleStella’s Q2 revenues rise by 2.9%
In the second quarter of 2025, Stella International Holdings reported a 2.9 percent increase in revenues to $444.0 million from $431.6 million a year earlier as shipments grew by 4.1 percent to 15.4 million pairs. However, the average selling price (ASP) declined by 1.7 percent during the period to $28.2 ...
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ArticleDeckers’ Q1 sales jump 17% as international business outperforms, tariff costs grow
Deckers Brands saw sales in its first quarter ended June 30 jump by 17 percent to $965 million, $55 million above the top end of its sales guidance, as both its Hoka and Ugg brands did better than expected and management highlighted sales growth in Europe and China. Sales at ...
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News briefs
Italy’s working-age population may decline 34% by 2060
Due to the aging of its population, Italy’s working-age population could decline by 12 million people by 2060, based on the findings of the Employment Outlook 2025 of the Organisation for Economic Co-operation and Development (OECD), which comprises 38 countries. According to the survey, Italy’s working-age population could decline by ...
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ArticleGerman shoe sales drop to €9.5bn in 2024
The German footwear market faced another challenging year in 2024, as persistent consumer caution and shifting spending priorities led to a modest decline in overall sales amid rising prices and the impact of global crises, a survey showed. Sales across the industry fell to €9.5 billion last year, down by ...
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ArticleUK and India sign a free trade agreement
India and the UK, estimated to respectively the 5th and 6th largest economies in the world, have signed a free trade agreement (FTA). “A new chapter begins today in the India–UK economic partnership! The signing of the Comprehensive Economic and Trade Agreement (CETA) reflects our shared commitment to enhancing trade, ...
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News briefs
Injunction denied in lawsuit over 3G’s acquisition of Skechers
A California district court has denied a motion for injunction from the Key West Police Officers & Firefighters Retirement Plan to stop the acquisition of Skechers by 3G Capital Partners. The plaintiff, the court says, has failed to specify information that has not yet been supplied, regardless of Skechers’ failure ...
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Shoe Carnival integrated Algolia’s AI search module to improve conversion rate
Algolia, a provider of AI search solutions, serving over 18,000 businesses and 500,000 developers globally, said that Shoe Carnival has integrated its AI-powered search with Amplience’s Commerce Experience platform to redefine its digital shopping experience. “We’ve always wanted to deliver unique digital shopping experiences to our customers, but, before ...
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ArticleAssocalzaturifici celebrates 80 years and repositions Micam
This year marks the 80th anniversary of Assocalzaturifici, the Italian footwear association, as well as the 100th edition of Micam Milano, scheduled to take place Sept. 7 to 9 at the Fieramilano Rho exhibition center outside Milan. Anci Servizi, Assocalzaturifici’s commercial arm, organizes various events, including Micam. Under the leadership ...
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US reaches trade deals with Japan, Philippines
The US and Japan have reached a trade deal, according to the US President, Donald Trump. Trump wrote on the social media platform Truth Social that Japanese imports would face a 15 percent tariff entering the US, below the 25 percent tariff he had threatened if Japan did not reach ...
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French footwear sales fall sharply in June
In June, French footwear retail sales fell by a seasonally and working-day adjusted 3.8 percent month-on-month, after falling 1.6 percent in May, according to the Bank of France. Overall, retail sales in France fell a seasonally and working-day adjusted 0.7 percent from May, when they contracted by 0.3 percent, the ...
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Keen enters trail running segment
US footwear brand Keen is entering the trail running market with the launch of its first-ever trail running shoe, the Seek, set to debut globally on July 25, 2025. The Seek combines Keen’s established reputation for comfort and durability with a lightweight, high-performance build aimed at recreational runners. Developed over ...
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Golden Goose opens in Milan and Dubai its first junior stores
Italian luxury sneakers brand Golden Goose has opened in Milan and Dubai its first stores dedicated to children’s footwear. The design of the stores is inspired by children’s bedroom, with every element featuring on an exaggerated scale – e.g. huge toys and an oversize bed. The opening of the two ...
