All Shoe Intelligence articles in Volume 27, Issue 17+18
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PDF NewsletterShoe Intelligence Executive Edition: Vol. 27 - 17+18
Global footwear production rose by 6.9% in 2024 | Colombia is poised to increase its exports | German online retail rebound continues, footwear sales accelerate | Micam to host 870 brands | Birkenstock’s sales lifted by higher volumes and average selling price | Gabor launches a new brand strategy, cuts jobs at its Portuguese plant | Sabu reports steady performance for 2024 after a record 2023 | Zalando’s Q2 revenues grow by over 7%, earnings remain stable | Id.Eight plans to double its sales and is open to new investors | Skechers surprises with strong Q2 | Genesco raises sales outlook as Journeys momentum continues but margins under pressure | Saucony, Merrell fuel growth for Wolverine in Q2 | Wolverine launches a junior board | Crocs expects sales decline in Q3; omits full-year guidance | Weyco’s revenues decline in Q2 as US tariffs hit consumption | Allbirds cuts its sales guidance but still sees growth in Q4 | How Stanbee uses innovation to cut component costs, improve athletic shoe performance | Yue Yuen’s manufacturing business underpins revenues | Alpargatas’ Q2 earnings surge | Azzas 2154’s adjusted footwear sales rise slightly | Grendene’s Q2 sales driven higher by exports
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ArticleColombia poised to increase its exports
Colombia consumes 110 million pairs of shoes per year. However, its annual production capacity is only ten million pairs, of which three million pairs are exported. Despite the huge imbalance between domestic consumption and local manufacturing, the South American country is seeking to increase its exports, as its shoemakers have ...
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News briefs
Klarna’s IPO may raise up to $1.46bn
Klarna has set the price range for its initial public offering (IPO) price at $35 to $37 dollars per ordinary share, resulting in proceeds of up to $1.46 billion. The Swedish payment company has been approved to list its shares on the New York Stock Exchange under the symbol KLAR. ...
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News briefs
Kyaia takes over AsPortuguesas
Kyaia, a Portuguese footwear company located in Guimarães, is taking full control of its peer Ecochic Portuguesas, owner of the AsPortuguesas footwear brand. Kyaia is buying the stakes of Amorim Cork Ventures and Pedro Abrantes. No financial details were available. Ecochic Portuguesas was created in 2015 by Abrantes with the ...
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ArticleMicam to host 870 brands
Micam, scheduled to take place from Sept. 7 to 9 at the Fieramilano Rho exhibition center outside Milan, will host 870 brands, including 401 Italian ones and 469 foreign labels. The top five exhibiting countries after Italy are Spain, Turkey, Brazil, Germany and Portugal. Exhibitors will be presenting their ...
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News briefs
Berkshire Hathaway Shoe Holdings in sock licensing partnership with Majesty Brands
Berkshire Hathaway Shoe Holdings entered an exclusive sock licensing partnership with Majesty Brands, a provider of socks, sleepwear, slippers and intimates. Under the agreement, Majesty Brands will design, manufacture, and distribute socks for three of Berkshire Hathaway Shoe Holdings’ brands: Carolina, Double-H and Phantom Rider. The first sock collections for ...
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ArticleGenesco raises sales outlook as Journeys' momentum continues but margins under pressure
Genesco raised its sales guidance for the full year, as the momentum of the Journeys banner continues to drive better-than-expected top-line growth. The footwear retailer now anticipates total sales growth for the year of 3-4 percent and comparable sales growth of 4-5 percent, an improvement on prior guidance for a ...
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News briefs
Berkemann hires a new Brand Manager
The German comfort shoe manufacturer Berkemann Group has appointed Maximilian Krien as Brand Manager. He succeeds Michael Zoller, who had held the position since 2012 and will remain with the company in an advisory capacity. In his new role, Krien will focus on expanding brand visibility and international sales, the ...
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News briefs
Living Kitzbühel’s Managing Director resigns
Footwear professional, designer and entrepreneur Julian Hermsdorf has stepped down as Managing Director of the Austrian slipper brand Living Kitzbühel. In a statement, Hermsdorf cited ongoing structural challenges beyond his control as the reason for his decision. He is succeeded by Andreas Graf, who brings 32 years of experience ...
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News briefs
3G obtains regulatory clearance to buy Skechers
Skechers U.S.A., Inc. and 3G Capital published a statement that all necessary regulatory approvals have been received to proceed with 3G Capital’s acquisition of the California-based footwear and apparel brand. The transaction, disclosed in May, is expected to close on Sept. 12, 2025, subject to customary conditions. As part of ...
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News briefs
Crocs appoints a new CFO
Crocs has appointed Patraic Reagan as Executive Vice President and Chief Financial Officer, effective Sept. 22. He will succeed Susan Healy, who tendered her resignation on Aug. 28, effective immediately. Most recently, Reagan served as the Chief Financial Officer for SharkNinja, a global product design and technology company. Prior to ...
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News briefs
Frasers' chairman steps down
Frasers said that David Daly will be stepping down from the board at the company’s annual general meeting (AGM) on Sept. 24 after eight years in the group and will be succeeded as Chair by Jon Thompson on Sept. 1. Thompson has been a non-executive director at the British retailer ...
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News briefs
Alibaba’s revenues decline in Q1
Alibaba announced that revenues for the fiscal first quarter ended June 30, were up by 2 percent year-on-year to 247.652 billion yuan renminbi ($34.571 billion). Excluding revenues from the disposed businesses of Sun Art and Intime, like-for-like revenues for the Chinese e-commerce retailer increased by 10 percent. Diluted earnings per ...
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News briefs
DuPont sells Kevlar, Nomex businesses to Arclin in $1.8bn deal
DuPont has reached a definitive agreement to sell its Aramids business, which comprises the brands Kevlar and Nomex, to Arclin in a transaction valuing the business approximately $1.8 billion. The transaction is expected to close in the first quarter of 2026, it added. At close, DuPont will receive pre-tax cash ...
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ArticleId.Eight plans to double its sales and is open to new investors
Id.Eight, an Italian sneaker startup that uses waste materials, is aiming to double its revenues this year and continue expanding internationally. In 2024, A/Impact, a venture capital firm, backed by Avanzi - Sostenibilità per Azioni and the asset manager Etica SGR, decided to invest €350,000 in the company for its ...
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News briefs
Baffin enters the hiking market
Baffin, a Canadian brand of high-performance footwear and apparel founded in 1979, has entered the hiking boot category with the launch of the Terrain Collection. The collection debuts with two styles, Bruce Mid for men and Elora Mid for women. “Entering the hiking category is a natural evolution for Baffin. ...
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News briefs
German consumer confidence worsens
German consumer confidence is expected to worsen for the third month in a row in September, dropping to -23.6, down 1.9 points from August, according to the GfK Consumer Climate powered by NIM, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). “The consumer climate is now ...
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News briefs
BasicNet’s revenues decline slightly in H1
BasicNet, which owns Kappa, Superga, Sebago and other brands, reported consolidated revenues of €172.6 million for the first half of 2025, down by 0.7 percent year-over-year. Ebitda dropped by 14.2 percent to €15.1 million. Aggregate brand sales for the Italian group grew by 4.3 percent to €567.1 million, with revenues ...
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News briefs
JD’s sales slip in Q2
JD Sports Fashion said that in the second quarter, or the 13 weeks to Aug. 2, sales fell by a like-for-like 3.0 percent to £3.106 billion (€3.601bn), but were up by 2.2 percent organically. In the first half, sales totaled £5.940 billion (€6.887bn), down a like-for-like 2.5 percent and up ...
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ArticleHow Stanbee uses innovation to cut component costs, improve athletic shoe performance
The US shoe component manufacturer Stanbee uses a patented foaming process to infuse nitrogen gas into the polymer core of its Nitro line of heel counters and toe boxes, replacing part of the core with gas to bring down costs and turn out a product that is lighter in weight ...
