All Shoe Intelligence articles in Volume 27, Issue 15+16 – Page 3
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ArticlePiccadilly aims to double exports by 2028
Piccadilly aims to almost double its footwear exports by 2028, despite the possibility of a sharp increase in US trade tariffs. The US is the largest export market, in value, for Brazilian shoemakers. Piccadilly anticipates its overall exports to rise from 2.5 million pairs in 2024 to 4.3 million in ...
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News briefs
Santoni sees full-year sales rising to over €130m
The year of its 50th anniversary, Santoni expects sales to rise by 10 to 12 percent to about €133 million, according to the Executive Chairman Giuseppe Santoni. In the first half of 2025, the Italian brand of luxury shoes posted a 10.5 percent increase in revenues to €64.2 million, of ...
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News briefs
Inuikii opens its first flagship store in Zurich
Inuikii, a Swiss sustainable luxury footwear brand, is set to open its first flagship store in its hometown of Zurich, shifting its focus back to the domestic market after a period of strong expansion in Asia. Work on the store began in June, with the opening planned for September. Inuikii ...
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News briefs
Brand Masters expands its team
Brand Masters, a German shoe sales agency, has expanded its sales team with the appointment of Thomas Joussen as a Sales Representative for the Central Germany region. Joussen now oversees sales for the Verbenas, Meline, Mimmu and Thea Mika brands. Beginning with the fall/winter 2026-2027 season, he will also manage ...
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News briefsPölking appoints a new Managing Director
Pölking, a German shoe wholesaler, has appointed Dirk Pues as its new co-Managing Director alongside Angelika Pölking. He will be primarily responsible for sales and marketing, as well as the further development of the Osnabrück-based company’s own brands, helping the wholesaler strengthen its existing markets and expand into new ones. ...
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News briefs
Alegria launches the Alegance collection
Alegria, a California-based women’s comfort shoe brand, is launching Alegance, a collection of ballet flats, heels and loafers. The new collection is available from fall 2025. “After years of innovative development, we’ve found the perfect balance to integrate our robust, supportive footbed into a sleek, trim silhouette,” said Irene Chen, ...
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News briefs
ISS trade fair 2026 in Wiesbaden canceled
The Inter-Schuh-Service (ISS) trade fair, originally scheduled to run from March 7 to 9, 2026, at the RheinMain CongressCenter in Wiesbaden, has been canceled, according to ZDS, the central association of the German shoemaking trade. In a statement, ZDS President, Arno Carius, and Managing Director, Falk Dossin, cited industry transformation ...
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News briefs
Vietnam footwear exports up by 10.1% in first half
In the first half of 2025, Vietnam’s footwear exports rose by 10.1 percent year-on-year to about $12 billion, while the exports of handbags, suitcases and umbrellas reached nearly $2.2 billion, up by 11.6 percent, according to the country’s National Statistics Office. Overall exports for Vietnam’s leather, footwear and handbag industry ...
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ArticleMass plans to triple revenues thanks to support of a private equity firm
Advance Capital Partners, a Slovenian private equity firm, has reached a deal to acquire a 60 percent stake in Mass in order to finance the development of the Slovenian footwear retailer across Central and Eastern Europe and triple its revenues in five years. The deal is expected to be finalized ...
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ArticleBos Group obtains the footwear license for PME Legend
The Dutch fashion retailer Just Brands has signed a long-term licensing deal with Bos Group International, granting the latter exclusive distribution rights for PME Legend shoes across Europe. The transition is aimed at bolstering PME Legend’s growth and brand presence in the European footwear market. Under the agreement, Bos Group ...
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News briefs
Italy GDP seen up 0.8% this year
Italy’s gross domestic product (GDP) could still rise by 0.8 percent in 2025 despite a high degree of uncertainty, according to the Italian retailers association Confcommercio. In the second quarter of 2025, Confcommercio expects Italian GDP grew by 0.3 percent compared to the previous quarter and by 0.8 percent year-on-year ...
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News briefs
The US and Indonesia finalize a trade deal
The US President, Donald Trump, and the Indonesian President, Prabowo Subianto, announced that the two countries have reached a trade agreement, under which Indonesian goods exported to the US will face a 19 percent tariff. In a letter sent to the Indonesian government on July 7, Trump had threatened ...
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ArticleCoats buys OrthoLite
Coats, a British manufacturer of industrial threads and footwear components, signed a definitive agreement to acquire OrthoLite Holdings, a leading US manufacturer of open-cell foam insoles, for an initial enterprise value of $770 million. The transaction, which also includes Cirql, a new biodegradable midsole technology backed by over 80 ...
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News briefs
Genesco signs a licensee agreement with Wrangler
Genesco has signed a new multiyear licensing agreement with Wrangler, a US denim and lifestyle brand, under which the American footwear retailer will design, source and market men’s, women’s and children’s footwear under the Wrangler brand. “The agreement between Wrangler and Genesco is a strategic move for both companies, designed ...
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News briefs
Rack Room Shoes names a Chief Merchandise Officer
Rack Room Shoes, a US footwear retailer headquartered in Charlotte, North Carolina, has promoted Brian Burnett to Senior Vice President, Chief Merchandise Officer. He was Senior Vice President, General Merchandise Officer. In his new role, Burnett will lead the company’s product and merchandising strategies, while driving innovation and ensuring alignment ...
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News briefs
Steve Madden’s Chief Merchandising Officer resigns
Steve Madden’s Chief Merchandising Officer, Karla Frieders, voluntarily resigned, effective June 30, for personal reasons, according to a filing with the US Securities and Exchange Commission. The US company does not intend to appoint a new Chief Merchandising Officer at this time, with certain of Frieders’ responsibilities being assumed by ...
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News briefs
Loro Piana placed under judicial administration in Italy
Loro Piana, the Italian luxury brand controlled by the French luxury goods group LVMH, has been placed under judicial administration for one year by a Milan-based court. According to the court, Loro Piana has been deemed “incapable of preventing and curbing labor exploitation phenomena within the production cycle” in ...
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News briefs
Kingmaker swings to a loss
The Chinese footwear manufacturer Kingmaker reported a net loss of HK$33.89 million (€3.7m) for its fiscal year ended March 31 compared with a HK$20.22 million (€2.2m) profit recorded the previous year. Revenues declined by 9 percent year-over-year to HK$625.88 million (€68.1m), with the company citing subdued order flow, lower average ...
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News briefs
Converse to get new President and CEO
Converse’s President and CEO, Jared Carver, will soon be stepping down, according to an internal memorandum at parent company Nike that both Reuters and Bloomberg have seen. Succeeding him will be Aaron Cain, who has been with Nike for more than 20 years and is serving at the moment as ...
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ArticleBrazil’s footwear exports rise by nearly 9% in volume in the first half
In the six months of 2025, Brazil exported 52.7 million pairs of shoes, up by 8.8 percent year-over-year, generating $497.34 million in revenues, up by 3.0 percent. In the sole month of June, exports also grew by 24.5 percent year-over-year to 6.87 million pairs, resulting in $70.17 million in revenues, ...
