All Shoe Intelligence articles in Volume 28, Issue 21+22 – Page 3
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News briefs
Roots obtains clearance for its takeover by Marquee Brands
The Canadian outdoor lifestyle brand Roots Corporation has obtained clearance for its proposed acquisition by US brand management company Marquee Brands. The company secured shareholder approval, Canadian competition clearance and ultimately, on Oct. 15, the final order of the Ontario Superior Court of Justice for the plan of arrangement allowing ...
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News briefs
Yue Yuen’s 9 months operating revenues decline by 2.1%
In the first nine months of the year, Yue Yuen’s net consolidated operating revenues - the result of total sales less sales discount and sales return - fell by 2.1 percent year-over-year to $5.889 billion, with the manufacturing business was down by 3.8 percent and the retail subsidiary Pou Sheng ...
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News briefs
Dickies in footwear partnership with Overland Shoes
Dickies, a US heritage workwear and lifestyle brand founded in 1922, has entered into a partnership for the development and distribution of footwear covering the Europe, Middle East and Africa region with Overland Shoes, a London-based company specialised in licensing, designing, sourcing and distributing branded footwear. The first collection will ...
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News briefs
La Sportiva appoints a new CEO
The Italian outdoor footwear and apparel manufacturer La Sportiva has announced changes to its corporate governance structure, appointing Roberto Fortunato as Chief Executive Officer and strengthening its board of directors. The restructuring is intended to support the company’s international expansion and the transition to the fourth generation of the founding ...
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ArticleStella’s Q3’s average selling price rises by 6% on product mix, higher costs
In the third quarter of 2026, Stella International Holdings reported a 2.2 percent year-over-year increase in revenues to US$412.0 million despite shipment volumes were down by 4.3 percent to 13.3 million pairs. The top line benefitted from 6.0 percent growth in the average selling price (ASP) to $29.9 a pair. ...
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News briefs
US footwear inflation may continue to rise due to oil prices, geopolitical uncertainty
The Footwear Distributors and Retailers of America (FDRA) warned that retail prices for footwear could continue to rise in the coming months due to higher oil prices and geopolitical uncertainty. Overall US inflation accelerated from 3.4 percent in August to 3.7 percent in September. Footwear prices rose a comparable 3.4 ...
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News briefs
German economic sentiment worsens
Economic sentiment in Germany fell to 28.1 points in October from 34.7 the previous month, declining after posting a steady improvement over the summer, according to the monthly indicator from economic research institute ZEW. On the other hand, assessments of the current economic situation in Germany once again improved strongly, ...
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News briefs
Vionic launches its lightest walking shoe
Vionic, which is part of the US footwear group Caleres, introduced Weightless Walking with the debut of Hummingbird, which it claims is ”the lightest walking shoe the brand has ever made.” ”Weighing approximately seven ounces, Hummingbird features VioFeather, a new innovation engineered specifically around the biomechanics of walking to create ...
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ArticleSkechers loses infringement case against HandsFree Labs in EU court
On Oct. 16, the Unified Patent Court, a European court whose rulings apply across 18 European Union countries, ruled in favor of HandsFree Labs (HFL), the parent company of Kizik and the affiliate company, Fast IP, in a patent case against Skechers regarding hands-free footwear. ”Skechers had argued it did ...
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ArticleFlux Footwear picks First Graphene for its graphene-enhanced athletic and leisure footwear
First Graphene announced that it has secured its first purchase order from the US-based footwear company Flux Footwear, which will incorporate the company’s PureGRAPH line of graphene powders and dispersions into its athletic and leisure footwear range. ”The purchase order will be the company’s first production application within the sporting ...
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ArticleFerragamo's Q3 sales decline by over 6%
Salvatore Ferragamo’s total sales in the first nine months of 2026 fell by a reported 2.8 percent year-over-year, but rose by a 0.2 percent at constant exchange rates, to €674.8 million due to a decline in the wholesale channel. In the third quarter, sales stood at €207 million, down a ...
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News briefs
Zegna's Q3 revenues rise by nearly 9%
Ermenegildo Zegna generated revenues of €433.8 million in the third quarter of 2026, up by 8.9 percent versus the year earlier and reflecting organic growth of 8.2 percent. Revenues for the Zegna brand rose by 13.8 percent to €283.8 million, with organic growth of 12.7 percent, while Tom Ford Fashion ...
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ArticleHermès’ sales growth slows down in Q3
Hermès posted revenues of €4.096 billion in the third quarter of 2026, up by a reported 5.5 percent compared to the year earlier and 4.3 percent higher at constant exchange rates. “Hermès continues to suffer a difficult trading environment overall,” commented the German private bank Bernstein, noting that the slowdown ...
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ArticlePrada booked weak organic growth in Q3 due to a “challenging” environment
In the first nine months of 2026, Prada Group’s net revenues rose by 15 percent to €4,541 million, with organic growth at 4 percent year-on-year. Versace, whose acquisition was completed on Dec. 2, 2025, contributed €441 million to net revenues. In the sole third quarter, group net revenues grew by ...
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News briefs
Vivaia opens its first store in Florida
Vivaia continued its expansion in the US with the opening of its first Florida store at The Florida Mall in Orlando on Oct. 21. The 1,138-square-foot store features the brand’s latest retail concept and was launched a couple of weeks after the opening of its first store on the US ...
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News briefs
Puma names a Chief Commercial Officer
Puma has named former Unspun CEO Arne Arens as Chief Commercial Officer (CCO). He fills a management board seat that has been empty since Matthias Bäumer left on Sept. 30. Arens, 55, starts on Nov. 15. He will run Puma’s global sales organization and market strategy. CEO Arthur Hoeld has ...
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ArticleHoka loses momentum
Deckers Brands reported a 19 percent rise in operating profit, largely driven by a $46 million tariff refund. Hoka’s growth is slowing, US direct sales face discount pressure, and the annual revenue outlook has been cut. Can its full-price strategy protect margins without sacrificing market share?
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News briefs
Debenhams’s operating earnings increases in H1
Debenhams Group,the British fast fashion retailer which was previously referred to as Boohoo, said that in the six months ended Aug. 31 adjusted Ebitda increased by 14.6 percent to £24.0 million (€21.4m), with the margin widening to 5.9 percent from 5.0 percent. Reported Ebitda totalled £19.7 million (€17.6m), a £23.2 ...
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News briefs
Zalando hires a head for the B2B business
On Oct. 15, Tom Christenson joined Zalando as Senior Vice President for the B2B business. Most recently, he was CEO of TBAuctions, a European B2B marketplace for industrial assets. The B2B business opens Zalando’s logistics, software and service capabilities to brands and retailers. In 2025, B2B revenues surpassed ...
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News briefs
Birkenstock names former Snipes COO Peter Buse VP of logistics
The German sandal maker Birkenstock has appointed former Snipes Chief Operating Officer Peter Buse as Vice President of Logistics, according to German media reports. He took up the role on Oct. 1 and oversees the company’s national and international strategy in this area. Buse has more than 15 years ...
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