All Shoe Intelligence articles in Volume 28, Issue 11+12
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Sergio Rossi posts a loss in 2025
Sergio Rossi, the Italian shoemaker owned by the Chinese luxury goods firm Lanvin Group, increased its contribution loss to €3 million in 2025, partially mitigated by strict cost control, as its gross margin decreased to 32 percent because of changes in channel mix and lower production scale. Meanwhile sales declined ...
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Genesco appoints a Chief Accounting Officer
Genesco appointed Ashley Randolph as Vice President and Chief Accounting Officer, effective May 5. A 20-year veteran of the US footwear company, Randolph most recently served as Vice President and Corporate Controller, a role she held since 2024. In her new role, Randolph will oversee the company’s accounting operations, financial ...
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ArticleZalando maintains its full-year guidance
Zalando maintained its full-year guidance with the release of its first-quarter results as it claims that consumer demand persists despite a difficult business environment. In the first quarter, the revenues of the German online fashion retailer rose by 23.8 percent to €2.996 billion, partially lifted by the acquisition of About ...
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ArticleWeyco’s sales steady in Q1 as market, tariff uncertainty continues
Weyco said it generated $68.0 million in sales in the first quarter of 2026, steady compared the year earlier, as its Florsheim brand performed strongly but other brands faced headwinds in a market environment the company described as uncertain. First-quarter net sales from Weyco’s North America wholesale segment decreased by ...
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ArticleSteve Madden lifts its sales guidance on Kurt Geiger’s momentum
In the first quarter of 2026, Steve Madden increased revenues by 18 percent year-over-year to $653.1 million, thanks to the acquisition of Kurt Geiger, which completed on May 6, 2025. Excluding the British brand, revenues decreased by 4.8 percent, driven lower by footwear sales in the wholesale channel. Nevertheless, ...
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Next lifts guidance, will hike prices to mitigate Iran war impact
Next lifted its full-year guidance and said it planned to raise prices by up to 8 percent in some countries outside Europe due to the Iran war. The British fashion retailer increased cost estimates stemming from the Middle East conflict to £47 million (€54.4m) from £15 million (€17.36m) on the ...
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Wolverine Worldwide reshapes Work Group leadership
Wolverine Worldwide announced several leadership appointments within its Work Group as the company looks to accelerate product innovation and global brand growth across its work and occupational footwear portfolio. Mike Maloney has been promoted to the newly created role of Global General Manager for the Wolverine brand. Previously chief ...
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ArticleGerman online retail grows in Q1 despite geopolitical and economic pressures
Germany’s online retail sector continued to grow in the first quarter of 2026 despite the war in the Middle East, rising energy costs and persistent economic uncertainty. According to a consumer survey by BEVH, the German e-commerce and distance selling association, the market extended its recovery trend, although at a ...
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ArticleGrendene’s sales decline on lower shoe prices
In the first quarter of 2026, Grendene posted gross revenues of 682.9 million Brazilian reais (€118.4m), a decrease of 3.2 percent compared to a year earlier due to lower shoe prices. Sales volumes were up by 1.6 percent to 25.7 million pairs but the gross revenue per pair declined by ...
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ANWR Group appoints new head of product at ANWR Schuh
The German buying group ANWR Group has appointed Melina Gerstand as head of the Product Business Unit at its footwear division, ANWR Schuh. In her new role, Gerstand will oversee the strategic and operational development of the product business, including improving access to cost-efficient sourcing, optimizing purchasing and internal processes ...
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Ecco launches its secondhand program in Germany
As consumer interest in secondhand fashion and the circular economy grows, Ecco is responding with the launch in Germany of its resale program, “Ecco PreLoved.” The initiative aims to extend the lifespan of shoes and bags by refurbishing and reselling them through a proprietary online platform. Customers can ...
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Lehar Footwear expands Kundli site
Lehar Footwears Limited, which uses the commercial name Lehar Footwear, has announced that a new manufacturing unit in Kundli, in the northwestern Indian state of Haryana, will come on stream in July. The facility will produce sports shoes for men, women and children as well as footwear using ethylene-vinyl acetate ...
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FitFlop opens its first store in Spain
FitFlop opened its first store in Spain. The British footwear brand opened the 75-square meter shop in the marina of Puerto Banús in Marbella in partnership Albion 1879, which specialises in introducing brands into the Spanish market. “With this new opening, FitFlop establishes a physical retail foothold in Spain and ...
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Asos to sell the Lichfield fulfilment center
Asos has reached an agreement to sell its Lichfield fulfilment center to the British retailer Marks & Spencer for £66 million (€72.3m). The disposal will lead to annual cash savings of £6 million (€6.9m). The sale marks another step in the structural transformation of the financial position of the British ...
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ArticleAlpargatas’ sales momentum continues in Q1
Alpargatas continued to see top line momentum in the first quarter of 2026, with net sales increasing by 12.5 percent compared to the year earlier to 1,229.5 million Brazilian reais (€212.3m), up slightly from the 11.8 percent growth rate seen in the previous quarter. Total sales for the Havaianas brand, ...
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ArticleAzzas 2154’s Q1 footwear, accessories sales fall 7%
The Brazilian footwear and apparel group Azzas 2154 said that first-quarter gross revenues for its footwear and accessories business unit decreased by 7.0 percent to 967.0 million reais (€167.4m) and were down by 6.9 percent when adjusted to exclude discontinued brands. The sales decline was driven by sell-in channels, which ...
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ArticleShoe Zone sees tough trade ahead as H1 losses widen
Shoe Zone has warned that it still faces tough trading conditions due to increased consumer caution and the Iran war after earnings slid further into the red at the half-year stage. Revenues of the British footwear retailer fell by 12 percent in the 26 weeks to March 28 to £63 ...
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Ecco plans to have 50 stores in India by 2028
Ecco, which entered the Indian market in 2019, plans to have 20 mono-brand stores in the Asian powerhouse by the end of the year compared with nine currently. The Danish brands plans to have 50 stores in the country by 2028. “India was ignored for a very long time, but ...
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ArticleMinelli to close down May 30
Minelli, which was placed into receivership in March, announced on Instagram that it will close down ”definitively” on May 30. The French footwear retailer, which employs 86 people, will keep its 21 stores open until May 30, offering 60 percent discounts on its goods, but sales on its website have ...
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ArticleBirkenstock posts higher revenues and lower profits
Birkenstock Holding, the UK-based parent company of the German sandal maker, posted revenues of €618 million in the fiscal second quarter ended March 31, up by 8 percent on a reported basis and by 14 percent in constant currency. Wholesale revenues grew a reported 9 percent, and by 15 percent ...
