All Shoe Intelligence articles in Volume 28, Issue 13+14 – Page 3
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News briefs
Allbirds’ former CEO to head Sorel
Columbia Sportswear Company has appointed Joe Vernachio will become President of Sorel, effective June 22. Founded in 1962, Sorel specializes in functional and lifestyle footwear. Vernachio succeeds Cory Long, who has served as President of Sorel since December 2023. “We’re excited to welcome Joe Vernachio back to the Columbia Sportswear ...
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News briefs
Dr. Martens’ CEO buys shares in the company
Dr. Martens’ Chief Executive Officer, Ije Nwokorie, purchased 112,500 ordinary shares in the British footwear company on June 12 at a price of £0.761 (€0,88) each, according to a stock exchange filing.
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News briefs
Marc O’Polo’s former COO takes over as Marc Cain’s CEO
The German fashion group Marc Cain has appointed Patric Spethmann as its new Chief Executive Officer. He took up the role at the beginning of June and is now responsible for overseeing all business areas. The group’s founder and owner, Helmut Schlotterer, will remain Chairman of the board, supporting ...
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ArticleAmerican Exchange Group completes the acquisition of Allbirds’ assets
American Exchange Group (AEG) announced on June 17 that it had completed the acquisition of the intellectual property assets of Allbirds in partnership with WSG Brands, a brand management and licensing platform, and other investors. ”As co-owners of the brand, WSG will serve as a key operating and growth partner, ...
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ArticleHooijer takes over the distribution of Geox in Germany and the Netherlands
The Dutch distribution and wholesale company Hooijer Footwear Group will take over the distribution of the Italian footwear brand Geox in Germany and the Netherlands starting with the spring/summer 2027 sales season. The move adds Geox to a brand portfolio that already includes Birkenstock, Keen and Scholl, and marks ...
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News briefs
Birkenstock issues €900m bond
Birkenstock Holding, the UK-based parent company of the German sandal maker, issued a €900 miillion in 4.500 percent senior notes due 2033 through a wholly-owned subsidiary, Birkenstock Group B.V. & Co. KG. The proceeds of the offering will be used to redeem the €428.5 million of outstanding 5.25 percent senior ...
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ArticleSpanish shoemakers call for immediate safeguard measures
AEC, the Spanish association of footwear and leather goods component manufacturers, warned that the sector is facing “a critical situation” that could soon become irreversible. It called for safeguard measures as industrial activity is declining and external pressure is mounting. “At AEC, we have long been highlighting the deterioration of ...
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News briefs
Cimalp enters hiking footwear market
The French outdoor brand Cimalp has expanded into the hiking footwear segment with the launch of the Touet, a new low-cut leather hiking shoe designed to complement the company’s existing apparel portfolio and serve as the foundation for a future footwear range. Founded in 1964 at the foot of France’s ...
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News briefs
John Rogers to leave Nike’s board, will continue to serve as an advisor
John Rogers, Jr., founder and co-CEO of Ariel Investments, will retire from Nike’s board of directors at the company’s September 2026 annual shareholder meeting. He joined the board in 2018. Rogers’ retirement will be effective following the meeting, after which he will serve as a strategic advisor to Nike focused ...
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ArticleEuropean shoemakers launch a comprehensive ecodesign framework
The European footwear industry has launched ECOSTEP (Ecodesign criteria for Sustainability in footwear and Testing methods for Evaluation of Performance) to create the first comprehensive ecodesign framework tailored to the sector. The project is funded by the European Union’s Horizon Europe Research and Innovation Programme and will run from June ...
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News briefs
Adidas launches a safety footwear collection
Adidas has officially entered the personal protective equipment market with the launch of Adidas Pro Work, a new safety footwear collection developed in partnership with GLO Brands, a business unit of London-based Bunzl. The launch follows the long-term global licensing agreement between Adidas and GLO, first announced in October 2025, ...
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News briefs
Deichmann moves media planning in-house with AI platform All Eyes On Screens
Deichmann, the German footwear chain that operates more than 4,600 stores across Europe, is restructuring its media planning and shifting operational control in house. The company has signed with All Eyes On Screens (AEOS), a German AI media technology firm, to deploy its AEOS OS (AI media operating system) as ...
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ArticleAeffe expresses particular interest in being taken over by an unnamed industrial player
Aeffe, the troubled Italian fashion group, revealed that it is particularly interested in a non-binding takeover offer for its assets and for its footwear brand Pollini made by an unnamed industrial firm present on the Asian market. “Without ruling out the interest expressed by other parties, at this stage, the ...
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News briefs
Castore takes over Grenson
Castore, a Manchester-based premium sportswear brand founded in 2015, has acquired a controlling 75 percent stake in Grenson, a 160-year-old English leather footwear maker, according to corporate filings at Companies House. The stake was sold for an undisclosed sum by Tim Little, who has has been Grenson’s CEO since ...
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ArticleAccent rejects Frasers Group’s takeover offer
The Australian sports footwear retailer Accent Group has rejected a takeover offer made by Frasers Group, describing the bid as unsolicited and highly opportunistic. Frasers Group launched a 316 million Australian dollar (€192.5m) bid to buy the remaining 77 percent of shares in Accent it does not already own, ...
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ArticleHSG completes the takeover of Golden Goose
On June 24, the Chinese fund HongShan Capital (HSG), formerly known as Sequoia Capital China, completed the acquisition of a majority stake in Golden Goose, an Italian brand of luxury sneakers, apparel and accessories. The Singapore-based investment firm Temasek and its wholly-owned subsidiary, True Light Capital, also completed their investment ...
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News briefs
Shipments of humanoid robots may be higher than previously expected
Shipments of humanoid robots are likely to be higher than previously expected, according to Morgan Stanley. The US bank now projects shipments of 50,000 units for the year, up from 28,000 units estimated previously. With more companies in China, such as XPeng, announcing mass production from late 2026, that figure ...
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News briefs
French footwear sales rise in May
In May, French footwear retail sales, in volume, rose by a seasonally and working-day adjusted 2.1 percent month-on-month, according to the Bank of France. Overall, retail sales in France fell a seasonally and working-day adjusted 0.6 percent in May following a 0.3 percent rise in April. The central bank said ...
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News briefs
German and French consumer confidence stabilize
Consumer confidence is stabilizing in Germany and France, the two largest economies in the eurozone, albeit at low levels. In July, consumer confidence in Germany is expected to improve to -29.2 from -29.7 in June , according to the latest NIM Consumer Climate powered by GfK. The preliminary reading ...
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ArticleH&M Q2 sales flat in local currencies
H&M Hennes & Mauritz’s net sales in the second quarter ended May 31 fell to SEK 54.828 billion (€4.954bn) from SEK 56.714 billion a year earlier but were flat in local currencies, with 3 percent fewer stores at the end of the period compared with the prior year. In ...
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