All Shoe Intelligence articles in Volume 27, Issue 15+16 – Page 4
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News briefs
US threatens 35% tariff for Canada
US President, Donald Trump, announced that from Aug. 1 he plans to apply a 35 percent tariff on goods imported from Canada if a trade agreement is not reached. In a letter dated July 10 sent to the Canadian prime minister, Mark Carney, Trump warned that the US will increase ...
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News briefs
Wolverine makes 2 board appointments
Wolverine Worldwide appointed Cheryl Abel-Hodges and Jack Boyle to its board of directors, effective immediately. Both bring decades of experience in brand leadership and merchandising strategy across major retail and apparel companies. “Cheryl and Jack are tremendous additions to our board,” said Chris Hufnagel, the President and CEO of Wolverine ...
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ArticleAllbirds signs up three new distributors
Allbirds has struck deals with three new distributors, raising its worldwide total to 16. Beosport will be the exclusive Allbirds distributor the Balkans as of January 2026, 911 Fashion will be handling Israel as of October 2025, and Tradist Distribution will be overseeing Turkey and Central Asia as of ...
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ArticleDr. Martens trading in line with expectations
Dr. Martens said that trading since the start of its financial year has been in line with expectations and its full-year guidance remains unchanged. The fiscal year of the British footwear company runs until the end of March 2026. The company said that it continued to see positive trading in ...
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ArticleUS threatens Brazil with a 50% tariff
The US President Donald Trump said that starting Aug. 1 Brazilian exports to the US will face a 50 percent tariff. The levy, referred to as a reciprocal tariff, is ”separate from all sectoral tariffs,” according to a letter sent to the Brazilian President Luiz Inacio Lula da Silva. The ...
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ArticleC-Suite interview: Blusun enters second year looking to ramp up sales, expand outside of Europe
When Dirk Pfeffer and Silvia Brindlmayer set up their barefoot footwear brand Blusun last year, they knew what they wanted and what they did not. At the heart of their vision were shoes featuring high quality materials, reasonable prices and a sustainable and socially responsible supply chain. Pfeffer and Brindlmayer ...
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News briefs
Footasylum full-year revenues up by 9.4%
Footasylum, the UK-based sports fashion retailer, delivered record-breaking results for the fiscal year ending January 2025. Revenues reached £349.5 million (€404.9m), up by 9.4 percent from £319.5 million (€370.1m) a year earlier. Store sales rose by 3 percent to £172.6 million (€199.9m), while online sales increased by 6 percent ...
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News briefs
Trump sends tariff rates to 14 countries including Bangladesh and Cambodia
The US President Donald Trump has sent letters to leaders of 14 countries with so-called reciprocal import tariffs. The letters, dated July 7, were published on Trump’s social media Truth Social. The tariffs are applicable from Aug. 1 and are ”separate from all sectoral tariffs,” the letters explained. The duties ...
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News briefs
French online sales increase in 2024
After two years of decline, online sales of goods picked up in France during 2024 to reach €66.9 billion and came close to the record of €67.0 billion achieved in 2021, according to the e-commerce trade assocation Fevad. Footwear was one of the items most purchased online, with 49 percent ...
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News briefs
K-Way names Marco D’Avanzo head of international business
K-Way has appointed Marco D’Avanzo as Chief International Business Officer. D’Avanzo announced this news via his LinkedIn profile. Most recently, he served as Executive Vice President Global Sales at Canadian outerwear brand Moose Knuckles for the past eight years. Prior to that, he was Sales Director at Woolrich from 2013 ...
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News briefs
Freebird closes its HQ and most of its stores
The US footwear retailer Freebird has closed its headquarters in Denver and 14 of its 20 stores due to financial difficulties. Freebird is controlled by the turnaround company Ampleo, which was appointed as a caretaker by a Denver court on May 20. The retailer was reportedly being sued by KeyBank ...
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News briefs
FDRA elects a new board
The Footwear Distributors and Retailers of America (FDRA) has elected a new board for the 2025–2027 term. The newly elected leadership includes Josue Solano, Chief Executive Officer of BBC International, as Chairman of the board; Dan Friedman, Chief Sourcing and Supply Chain Officer at Caleres, as Vice Chairman; and Lisa ...
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ArticleSchuh Graf files for bankruptcy
Schuh Graf has filed for bankruptcy and initiated restructuring proceedings under self-administration as persistently adverse market conditions continue to put a strain on the German shoe retailer. The Stuttgart District Court granted the application and appointed Tibor Daniel Braun, from the Stuttgart-based law firm Illig Braun Kirschnek, as the provisional ...
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ArticleOnygo files for insolvency after failed rescue attempt
The German shoe and fashion retailer Onygo, previously owned by Deichmann, has filed for insolvency proceedings under self-administration with the Hamburg District Court after a recent rescue attempt proved unsuccessful. All 23 stores nationwide and 150 employees are affected. In October 2023, Deichmann announced that its sneaker and streetwear ...
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News briefs
Vietnamese companies diversifying their supply chain
According to a PwC study, 86 percent of Vietnam’s manufacturers are very concerned about the US tariff policy, and 44 percent of the companies are already diversifying their sources of supply to other countries to reduce their reliance on China. The survey also showed that 34 percent of Vietnamese companies ...
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ArticleChina is expected to see a significant decline in its exports as a result of the trade war
The introduction of higher import tariffs by the US is expected to lead to a significant decline in China’s market share in global footwear exports, but the Asian powerhouse will remain the world’s leading manufacturer for the foreseeable future as the efficiency of its manufacturing base continues to attract buyers, ...
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News briefs
Zalando’s head of Nordics and Benelux leaves
After five years as Zalando’s General Manager for the Nordic region and Benelux, Fabio Baum is stepping down. ”After five incredible years, it’s time to say goodbye to Zalando 🧡,” Baum wrote on LinkedIn.”From navigating the challenges of the pandemic, to launching and scaling operations in eight new markets, to ...
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ArticleLeder & Schuh reports moderate sales growth
Leder & Schuh increased its sales in 2024 as the launch of a new private label, the further expansion of its store network and an optimization of its product range helped spur growth. Last year, sales increased by approximately 1.1 percent year-on-year, reaching €371 million, while the gross profit ...
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ArticleThe US and Vietnam reach a trade agreement
The US has reached a trade agreement with Vietnam which is seen as open to intepretation and detrimental to China. It is the second trade deal struck by the North American powerhouse, after the agreement with the UK, since the US administration announced a review of arrangements with its trade ...
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ArticleGerry Weber closes all its stores
Gerry Weber is shutting down all its remaining stores in Germany and Europe and selling its trademark rights to the Spanish Victrix Group. The demise of the German fashion group is the result of the latest insolvency proceedings, the third in just a few years, and its unsuccessful restructuring efforts. ...
