All Shoe Intelligence articles in Volume 27, Issue 5+6 – Page 4
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News briefs
Deichmann opens a flagship store in Cologne
Deichmann has opened a new flagship store in a prime location in Cologne’s city center. Located in a newly built commercial building at Schildergasse 56-58, on Cologne’s shopping mile, the new store replaces Deichmann’s multi-story shop at Schildergasse 85/87. Spanning one floor with a total sales area of over 815 ...
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News briefs
Messe Offenbach and HDS/L launch a trade fair for barefoot shoes
The fair organizer Messe Offenbach and the German footwear and leather goods trade association, HDS/L, have launched a new trade fair format focusing on barefoot shoes. The first edition of Barefoot – European Shoe Fair will run from July 31 to Aug. 3 in the halls of Messe Offenbach in ...
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News briefs
Allbirds launches a net zero carbon shoe
On Feb. 6, Allbirds launched M0.0NSHOT Zero, which the Californian brand claims to be the world’s first net zero carbon shoe. A limited edition run of 500 pairs is available to buy in select cities including New York, London, Dubai, Tokyo and Seoul. “M0.0NSHOT Zero is the ultimate pursuit ...
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News briefs
Semler files for bankruptcy
The traditional German shoe manufacturer Carl Semler GmbH filed for bankruptcy at the Pirmasens Local Court as a massive drop in sales and payment defaults took their toll on the company’s bottom line. The court appointed restructuring expert Lukas Eisenhuth of the law firm Abel and Partners as general representative ...
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ArticleEmerging designer: Naples-inspired sandals stride out worldwide
Self-named and established in 2017, Ardemia is Ardemia de’ Gennaro’s brand of luxury all-leather, hand-made sandals, shoes and accessories. While studying for a Fashion Design qualification, de’ Gennaro opted to specialize in footwear, because – she says – this field affords enormous creative potential while respecting highly specific engineering principles. ...
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ArticleStuart Weitzman’s sales hit by softness in direct sales in Greater China and North America
Stuart Weitzman, the premium footwear brand of the US fashion group Tapestry, posted sales of $69.7 million in the fiscal second quarter ended Dec. 28, down by a reported 15 percent year-on-year and by 16 percent at constant currency rates primarily due to softness in direct channels in Greater China ...
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ArticleSkechers sees solid growth despite China challenges, forex headwinds
Skechers anticipates another year of solid growth in 2025, despite expectations of only a gradual improvement in the important Chinese market, along with foreign exchange and other headwinds. In 2025, Skechers projects sales of $9.70-9.80 billion, reflecting growth of about 8.7 percent at the midpoint, with foreign exchange headwinds seen ...
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ArticleArchive raises $30m in Series B funding
Archive, a US technology company that powers resale businesses for brands such as Dr. Martens and New Balance, secured $30 million in Series B funding, led by Energize Capital, bringing its total funding to date to $54 million. Other participants included returning investors Lightspeed Venture Partners, Bain Capital Ventures, G9 ...
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ArticleJimmy Choo’s sales decline in Q3 and are expected to fall next year
Jimmy Choo posted a decline in sales and an operating loss for its fiscal third quarter, and the brand is expected to continue seeing flagging revenues and book a loss next year. In the three months ended Dec. 28, Jimmy Choo, the luxury footwear brand owned by Capri Holdings, posted ...
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ArticlePeter Hahn ends insolvency proceedings
The German clothing firm Peter Hahn has successfully completed its insolvency proceedings under its own management, according to a ruling from the Stuttgart District Court, which has cleared the way for a previously agreed takeover by Wourth Group. Peter Hahn “now has a new investor and thus a long-term perspective ...
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News briefs
Turkish inflation seen falling to 24% this year
The Turkish central bank raised its forecast for end-2025 inflation to 24 percent from the 21 percent it had estimated in November. Fatih Karahan, the Governor of the Turkish central bank, said that the bank was maintaining its end-2026 inflation forecast of 12 percent. He also noted that the ...
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News briefs
Gucci’s Creative Director leaves
Gucci has ended its collaboration with its Creative Director, Sabato De Sarno, according to a statement from French luxury goods group Kering, which owns the Italian fashion house. The fall-winter 2025 fashion show to be held in Milan on Feb. 25 will be presented by the Gucci design office, while ...
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