All Shoe Intelligence articles in Volume 27, Issue 17+18 – Page 3
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ArticleWolverine launches a junior board
Wolverine Worldwide launched an inaugural junior board, an advisory body consisting of 11 early-career professionals “responsible for elevating the voices and perspectives of the company’s emerging talent and further strengthening its culture of innovation and collaboration,” according to a statement. The members of the junior board were selected after an ...
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ArticleSabu reports steady performance for 2024 after a record 2023
The German shoe retail cooperative Sabu reported stable results for 2024, with its wholesale unit, Sabu Schuh & Marketing GmbH, posting a sales drop following record figures in 2023, while Unitex GmbH saw an increase in sales. Sabu said it was satisfied with the overall performance and confirmed that member ...
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News briefs
Brazil to set up R$ 30bn credit line to help firms hit by US tariffs
The Brazilian President, Luiz Inacio Lula da Silva, said that he will authorise a 30 billion Brazilian reais ($5.5 billion dollars) credit line to help local companies hit by US import tariffs. The financial support will go mainly to small companies, the larger ones being more resilient, Lula added. The ...
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ArticleYue Yuen’s manufacturing business underpins revenues
Yue Yuen recorded higher shipment volumes, driven by increased orders from multiple brands in the first half of 2025, as well as a rebound in average selling prices. However, the world’s largest manufacturer of footwear was again saddled with uneven production leveling and higher labor costs, both of which ...
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ArticleSkechers surprises with strong Q2
After a varied start to the year, Skechers surprised with strong momentum in the second quarter – thanks mainly to a boom in demand in Europe and positive currency effects. While US markets are stagnating and China is weakening, the company is benefiting from its strong international presence. Sales rose ...
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ArticleTrump extends tariff truce with China for 90 days
The US president, Donald Trump, has extended the trade tariff truce with China for 90 days, which was due to expire Aug. 12. The new deadline for the world’s two largest economies to reach a trade agreement is now Nov. 10. “I have just signed an Executive Order that will ...
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News briefs
Tamaris opens its first own store in Spain
Tamaris, a brand of the German footwear manufacturer and distributor Wortmann Group, is stepping into the Spanish market with the opening of its first monobrand store in the Iberian country. Following its expansion into France and Switzerland, with this new opening, Tamaris continues its expansion in Southern Europe. ...
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News briefs
German footwear retailer Hans Leinweber dies at 84
Hans Leinweber, a veteran of German footwear retailing, has died at the age of 84 after a long illness. As the third-generation managing partner of the Berlin-based AS Group, Leinweber played a central role in shaping and expanding the company over several decades. Born in 1940 into a ...
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ArticleAzzas 2154’s adjusted footwear sales rise slightly
The Brazilian footwear and apparel group Azzas 2154 said that gross revenues for its footwear and accessories business unit fell by 2.0 percent in the second quarter of 2025 compared to the year earlier, reaching 1,105 million reais (€173.2m). But, when adjusted to only continued brands, the top line of ...
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ArticleAlpargatas’ Q2 earnings surge
In the second quarter, Alpargatas posted net sales of 1.101 billion Brazilian reais (€174.0m), up 8.3 percent, with the key Havaianas brand also rising by 8.3 percent to R$ 1.090 billion. The Brazilian footwear group sold 48.8 million pairs during the three months ended June 30, representing a 5.7 percent ...
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ArticleGrendene’s Q2 sales driven higher by exports
In the second quarter of 2025, Grendene’s gross revenues rose by 25.1 percent year-over-year to 756.2 million Brazilian reais (€119.6m), thanks to an 88.0 percent rise in international sales to R$ 183.7 million (€29.0m) and a 13.0 percent rise in domestic sales to 572.5 million (€90.5m). The volume of pairs ...
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Articles.Oliver expands its management to include the Rellecke brothers
The German clothing and footwear group s.Oliver reported positive results for 2024 and announced a restructuring of its management team as it continues to adjust its strategic direction. Effective Sept. 1, the brothers Julian and Johannes Rellecke will join the management team, with the former overseeing product, design and ...
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ArticleAllbirds cuts its sales guidance but still sees growth in Q4
Allbirds cut its sales guidance for the full year but still expects initiatives focused on new products, marketing and ”customer experience” will help the US footwear group return to a sales growth in the fourth quarter. In the second quarter of 2025, net revenues come in at $39.7 million, ...
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News briefs
Caleres names Brian Costello President of Famous Footwear
Caleres announced that Brian Costello has been named division President of Famous Footwear effective immediately. He will continue to report to Jay Schmidt, President and CEO of Caleres. Costello joined Famous Footwear in February this year as Chief Merchandising Officer, assuming responsibility for all buying and merchandising, including women’s, ...
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News briefs
Boot Barn renews payment partnership with Affirm
Boot Barn Holdings, the parent company of Boot Barn, Sheplers and Country Outfitter, has extended its exclusive, multi-year partnership with Affirm, a payment network. The agreement allows consumers to continue using Affirm to pay both online across all three brands and in-store at over 450 Boot Barn locations nationwide. “Providing ...
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ArticleCrocs expects sales decline in Q3; omits full-year guidance
In the second quarter of 2025, Crocs reported an operating loss of $428 million versus a year-ago profit of $326 million, despite higher sales and an improved gross margin. The loss stems from asset impairments totaling $737 million for the Heydude trademark and goodwill. Sales grew by 2.7 percent at ...
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Article
Beaumanoir buys part of Naf Naf’s assets
Beaumanoir, a French fashion group, has bought part of the assets of the French fashion retailer Naf Naf, which was placed into receivership on May 30 by a commercial tribunal based in Bobigny, in the outskirts of Paris. Under the court supervised agreement, Beaumanoir will keep 55 of Naf Naf’s ...
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ArticleWeyco’s revenues decline in Q2 as US tariffs hit consumption
In the second quarter of 2025, Weyco’s net sales fell by 9 percent to $58.2 million, with all its key brands declining. The company blamed so-called reciprocal trade tariffs introduced in April by the US President, Donald Trump, of impacting consumer purchases in the US. “The tariff environment created headwinds ...
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News briefs
US plans to double import tariffs on Indian goods
The US plans to double import tariffs on Indian goods to 50 percent as a punishment for buying Russian oil and thus help finance Russia’s invasion of Ukraine. In an executive order signed on Aug. 6 by US President, Donald Trump, the US plans to impose within 21 days of ...
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News briefs
Francesco Parisotto of Scarpa has passed away
Francesco Parisotto, a key figure in the history of Italian outdoor footwear company Scarpa and a pioneer of Italy’s Sportsystem, the technical footwear and sporting goods district of Asolo and Montebelluna, in Italy’s northeast, has died at the age of 98. Born in 1927 in Coste di Maser, near Treviso, ...
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