All Shoe Intelligence articles in Volume 28, Issue 11+12 – Page 2
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News briefs
Turkish inflation to slow down less than expected this year
The Turkish central bank has revised upwards its forecast for the country’s inflation at end 2026 to 26 percent from a previous 16 percent amid higher energy prices in the wake of the war between Iran and the US, said the bank’s Governor, Fatih Karahan. Turkey’s annual inflation rate stood ...
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News briefs
Bogner appoints Puma's former head as its CEO
The German luxury brand Willy Bogner has appointed Arne Freundt, Puma’s former head, as its new Chief Executive Officer, a position that had been vacant since the former CEO, Gerrit Schneider, left at the end of 2022. The sports and lifestyle expert will take up the position on June ...
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News briefs
Coats names a new Chair
Coats announced that Tim Cobbold will join the board as a Non-Executive Director and Chair Designate with effect from July 1. He will also join the nomination committee at this time. Further to the succession plan announced in March 2024, David Gosnell will retire as Chair and from the board ...
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ArticleSaucony drives Wolverine Worldwide to strong Q1
With Saucony now the fastest-growing brand and international at 20%, Wolverine’s earnings mix is shifting decisively away from its domestic wholesale base
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ArticleYue Yuen's profit falls on factory squeeze
The world’s largest footwear contract manufacturer saw earnings halve in Q1 as a rare calendar crunch and tariff-sharing costs compressed factory margins to their weakest in years.
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News briefs
Pidigi takes over Sympatex
Pidigi, a Verona-based supplier to the footwear, leather goods and apparel industries, is acquiring Sympatex’s operating business in an asset transfer effective June 1. The transaction is being executed through German insolvency proceedings, with Pidigi setting up a dedicated German subsidiary to hold the acquired assets. Pidigi has distributed Sympatex ...
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News briefs
Xero Shoes expands its international distribution network
Xero Shoes has expanded its international distribution network through five new strategic partnerships spanning Europe, Asia and North America, as the company accelerates its global wholesale growth strategy. The newly announced partners include Unify Brand Partnerships for the UK, Rock Gear Distribution for Canada, Step Hill International for Hong Kong ...
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ArticleLVMH sells Marc Jacobs for $850m
LVMH has signed a definitive agreement to sell the Marc Jacobs brand to the management firm WHP Global. G-III Apparel Group will join WHP Global in its ownership of the Marc Jacobs brand. G-III will also acquire and operate certain parts of the brand’s global direct-to-consumer and wholesale businesses. Together, ...
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News briefs
US footwear inflation at a 43-month high
The retail prices of footwear in the US rose by 4.2 percent year-over-year in April, the sharpest increase in 43 months, according to Footwear Distributors and Retailers of America (FDRA). Retail prices for women’s footwear grew by 4.5 percent, while prices for men’s and children’s shoes both rose by ...
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News briefs
Saucony hires a new Chief Marketing Officer
Saucony has hired Wendy Kula as its Chief Marketing Officer (CMO). She replaces Joy Allen-Altimare, who left the company in November 2025. Rob Griffiths, Saucony’s Brand President, was serving as interim CMO. Kula will lead the running brand’s global marketing function, overseeing brand strategy, digital marketing, creative, and go-to-market execution. ...
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ArticleBoot Barn's momentum continues after Q4 sales jump 19%
Boot Barn has continued to see sales momentum at the start of its new fiscal year after sales in the fourth quarter jumped by 18.7 percent compared to the year earlier to $538.8 million. According to figures for the first six weeks of the fiscal year that started on March ...
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News briefs
Novo Shoes reintroduces Osher Suede boots in Australia and New Zealand
Novo Shoes said that it is bringing back the “iconic” Osher Suede heeled boots in Australia and New Zealand. The relaunch follows “a wave of requests from our community,” it claims. “To make the comeback even sweeter, we’ve added a fresh, premium shade to the lineup: Espresso Suede,” it added. ...
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News briefs
Birkenstock launches a vegan, planted-based nail polish range
Birkenstock has launched a vegan, plant-based nail polish range to expand its Care Essentials range. The collection features five colors: eggshell, light rose, crocus, surf green and red. Each color is “perfectly coordinated with the brand’s seasonal and classic open-toe offering,” the German sandal commented. The collection includes a top ...
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News briefs
Rodolfo Zengarini obtains the Trussardi footwear license
Rodolfo Zengarini, an Italian footwear manufacturer based in Montegranaro, has obtained the license to produce men’s and women’s footwear under the Trussardi brand. The first collection is scheduled for the spring/summer 2027 season and will be distributed across key international markets through a selected network of retail outlets and wholesale ...
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ArticleGeox’s sales contraction accelerates in Q1
Geox reported sales of €165.3 million in the first quarter of 2026, down by 12.5 percent year-over-year as a decline in customer traffic that began in the second half of 2025 intensified at the start of 2026. Excluding the closure of some stores and non-profitable sales channels, comparable sales slipped ...
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ArticleFerragamo’s sales continue to be dragged down by the wholesale channel
Salvatore Ferragamo’s total sales in the first quarter of 2026 fell by a reported 5.5 percent year-over-year, and by 1.2 percent at constant exchange rates, to €209.0 million due to a sharp decline in the wholesale channel. Direct-to-consumer (DTC) sales grew by currency-neutral 5.5 percent with positive performances in all ...
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ArticleC-Suite interview: Valleverde maintains its revenues stable in a weak market
Valleverde is one of Italy’s most famous footwear brands with over 40 years of presence in its home market. Following its bankruptcy in 2015, the brand was acquired by Silver 1, which owns several other labels, including Rafting, Goldstar, Biochic and Biomodex. The company has grown from €1.5 million in ...
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News briefs
Lowa opens new US headquarters in Salt Lake City
The German outdoor footwear brand Lowa has opened a new US headquarters in Salt Lake City, Utah, as its parent company Tecnica Group expands its North American presence following a record year for the brand globally. The new office, located in Salt Lake City’s Sweet Candy Building, will serve as ...
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ArticleSperry expands into Benelux and DACH region
Sperry has taken a further step in its expansion into Europe through its partnership with Gardiner Bros & Co and its Belgian unit Dubois. Last year, Gardiner Bros, a British distributor of global footwear and apparel brands, obtained the right to distribute Sperry footwear for men and women across the ...
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ArticleNorth Face powers VF Corp’s first growth in three years
The apparel group posted its first annual revenue increase since FY2023, led by The North Face – while Napapijri resets and Altra surges.
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