All Shoe Intelligence articles in Volume 27, Issue 19+20 – Page 4
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News briefs
Tod’s’ CEO for North America leaves
After 14 years in the job, Tod’s’ CEO for North America, Roberto Lorenzini, is stepping down. The Italian fashion group is expected to announce his replacement soon. Lorenzini will remain as an advisor for the company to ensure a smooth transition in the region. “Roberto has decided that this ...
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ArticleGerman footwear industry revenues up 1.3% in H1
The German footwear manufacturers posted revenues of €1.16 billion in the first half, a 1.3 percent increase from €1.15 billion a year earlier. Domestic sales grew by 5.1 percent year-on-year to €924 million, while foreign sales declined by 11 percent to €242 million, according to the German footwear and leather ...
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ArticleInditex enjoys a strong start to the autumn/winter season
In the first half ended July 31, Inditex posted sales of €18.4 billion, up by a reported 1.6 percent year-on-year and 5.1 percent higher at constant currencies. The Spanish fashion retailer, which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, added that its autumn/winter collections were well-received, ...
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News briefs
Ecco Americas has a new Chief Commercial Officer
Ecco has hired Matt Feiner as Chief Commercial Officer of Ecco Americas. Feiner is in charge of wholesale, retail and e-commerce activities across North America. He will also have a “strong influence” on product creation and market strategies, the Danish group said. “I’m excited to share that I’ve accepted a ...
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ArticleItalian footwear manufacturers revenues drop by 5.6% in first half of 2025
In the first half of 2025, revenues of Italian footwear manufacturers fell by 5.6 percent year-over-year, according to a survey carried out in July by Confindustria Accessori Moda among members of the Italian footwear association Assocalzaturifici. The report, however, showed signs of improvement as the decline in the second quarter ...
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ArticleFoot Locker reshuffles its top management
Foot Locker is undergoing a management reshuffle after being taken over by Dick’s Sporting Goods, Inc. (DKS). DKS announced the completion of the acquisition on Sept. 8. Under the new structure, DKS’ Executive Chairman Ed Stack will lead the global Foot Locker businesses to accelerate business momentum and implement targeted ...
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News briefs
Dick’s Sporting Goods completes the acquisition of Foot Locker
Dick’s Sporting Goods announced that it has completed the $2.4 billion acquisition of Foot Locker to become a global leader in the sports retail industry. As a combined company, Dick’s will now operate more than 3,200 stores plus e-commerce and digital businesses across 20 countries in North America, Europe, Asia, ...
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ArticleCaleres’ earnings, sales fall in Q2 on declining sales and margins
Caleres saw its earnings fall sharply in the second quarter of its fiscal year as sales continued to decline and margins were squeezed due to US import tariffs, added inventory reserves and higher clearance promotions at its Famous Footwear chain. Given the continued uncertainty tied to tariffs, Caleres said it ...
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ArticleShoe Carnival lifts earnings guidance as rebranding strategy gains momentum
Shoe Carnival raised its earnings guidance for the full year after posting higher-than-expected profits in the second quarter ended Aug. 2 as a strategy of rebranding stores to its premium Shoe Station label gained momentum. The footwear retailer now expects to report earnings per share of $1.70 to $2.10 for ...
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News briefs
OrthoLite introduces breathable SloMo memory foam
OrthoLite, the US-based leader in comfort and performance foam technologies for footwear, launched SloMo, a new breathable, slow-recovery memory foam formulation. The new material expands the company’s memory foam portfolio, aiming to provide enhanced fit, adaptive pressure relief and improved airflow. SloMo builds on previous OrthoLite products such as ...
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ArticleZegna’s H1 earnings lifted by exceptional items
Ermenegildo Zegna posted a net profit of €47.9 million in the first half of 2025 compared to €31.3 million a year earlier, driven up by the fair value remeasurement of liabilities for put options and a positive impact from foreign currency exchanges with the depreciation of the US dollar compared ...
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ArticleGolden Goose continues to post a double-digit growth rate
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first half of 2025 net revenues rose by 13 percent year-over-year at constant exchange rates to €342.1 million, driven by the direct-to-consumer (DTC) channel. In the sole second quarter, the top line ...
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News briefs
Giorgio Armani passes away
The Italian designer Giorgio Armani has passed away at the age of 91 , announced the fashion group he created. “With infinite sorrow, the Armani Group announces the passing of its creator, founder and tireless driving force: Giorgio Armani,” the group said, noting that the designer “worked until his final ...
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News briefs
Nine out of 10 of consumers have adopted more sustainable habits
More than nine people out of 10 have adopted more sustainable habits, according to a survey conducted by Apiccaps, the Portuguese footwear association, in partnership with the Catholic University of Portugal. The survey, which involved 1,531 consumers from more than 50 countries, had 90.9 percent respondents claiming to have adopted ...
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News briefs
EFTA, India free trade agreement effective Oct. 1
A free trade agreement between the states of the European Free Trade Association (EFTA) and India becomes effective Oct. 1, according to the Swiss government. The Swiss State Secretariat for Economic Affairs noted that on Sept. 3 the country’s Federal Council “adopted the necessary amendments to the ordinances to implement ...
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News briefs
Alohas opens a store in London
The Spanish footwear and clothing brand Alohas has opened a store in London as it continues its international expansion. In 2024, the brand launched stores in Barcelona and Madrid. Alohas opened its first foreign store in Paris in September 2024, followed by openings in Milan, Amsterdam and New York ...
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News briefs
Dunion Taiyang Sheng Shoes to build a shoe factory in Bangladesh
Dunion Taiyang Sheng Shoes Co. Ltd. is set to invest $10.20 million to build a factory in Bangladesh, according to the Bangladesh Export Processing Zones Authority (BEPZA), which signed an agreement with the Chinese footwear manufacturer on Aug. 24. The Chinese company plans to produce 2.10 million pairs of sandals, ...
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ArticleMarc O’Polo expands in Europe with first store in Italy, new outlet in Poland
The Swedish-German fashion label Marc O’Polo is accelerating its European expansion with the opening of additional locations. The brand has entered the Italian market with its first flagship store in the country, located in the historic Palazzo Menz on Piazza Walther in Bolzano. The 215-square-meter space features Marc O’Polo’s men’s ...
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News briefs
Scottish footwear retailer opens a store in England
Begg Shoes, a Scottish footwear retailer, has opened its first store in England. Situated in Market Harborough, Leicestershire, the store is the chain’s 10th location. Established in 1866, and still run by the Begg family, the retailer has nine stores in Scotland. It also has a website launched in 2015. ...
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News briefs
Turkey’s inflation slows down
Turkey’s annual inflation rate fell to 33.0 percent in August from 33.5 percent the previous month, according to the statistics office Tuik. Compared to the previous month, consumer prices in the country rose by 2.0 percent in August. Inflation in Turkey is falling despite sustained economic growth, with GDP in ...
