All Shoe Intelligence articles in Volume 28, Issue 3+4 – Page 2
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News briefs
Vessi opens its first US store
Vessi, a Vancouver-based footwear brand known for its waterproof sneakers, opened on Jan. 7 its first US store in Bellevue, near Seattle. Founded in 2018, Vessi designs lightweight footwear built with its proprietary Dyma-tex waterproof knit technology. The company has sold more than two million pairs globally, with the Pacific ...
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News briefs
Boot Barn’s Q3 sales rise by 16.0%
In its fiscal third quarter, Boot Barn posted net sales of approximately $705.6 million, up by 16.0 percent year-over-year, according to preliminary data for the three-month period ended Dec. 27. Same store sales growth was approximately 5.7 percent, with retail store same store sales up about 3.7 percent and e-commerce ...
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News briefs
Germany’s economy rebounds slightly in 2025
Germany’s price adjusted gross domestic product (GDP) rose by 0.2 percent in 2025, after two years of contraction, according to first calculations from the statistical office Destatis. GDP declined by 0.9 percent and 0.5 percent in 2023 and 2024, respectively, in Europe’s largest economy. The increase in GDP stood at ...
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News briefs
Birkenstock downgraded on sales concerns
The German private bank Bernstein cut its target price for Birkenstock to $50 from $55, with a market-perform rating, on concern about the quality of sales growth at the German sandal-maker. In the full year ended Sept. 30, 2025, Birkenstock posted revenues of €2.097 billion, up by a reported 16 ...
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ArticlePikolinos hires a new General Manager
Pikolinos has appointed Francisco Sánchez as General Manager to manage the group’s development and internalization. He joins the Spanish shoemaker from Cherubini, an Italian electronics and domotic group, where he was CEO for nearly nine years. Sánchez will oversee the Pikolinos and Martinelli brands, as well as the units involved ...
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News briefs
OrthoLite promotes Marty Greenwald to Sales VP
OrthoLite promoted Marty Greenwald to Vice President of Sales, expanding his responsibilities to include global sales strategy and key account management, the company said in a statement. Greenwald joined the Amherst, Massachusetts–based insole and footwear solutions provider in 2018 and most recently served as Global Sales Director. In that role, ...
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News briefs
BFA’s CEO steps down
Richard Shetliffe is stepping down as Chief Executive Officer of the British Footwear Association (BFA) in June after two years in the job. He took over the role on May 14, 2024, replacing Lucy Reece-Raybould, who was at the helm for almost five years. BFA advertised that it is looking ...
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ArticleUS threatens to hike trade tariffs for 8 European countries in Greenland standoff
The US President Donald Trump announced additional tariffs on imports from eight European countries until an agreement is reached for the purchase of Greenland by the US. If applied, duties on exports to the US could increase to 35 percent for the UK and 40 percent for the other six ...
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ArticleThe EU and Mercosur sign a free trade agreement
On Jan. 17, the European Union and Mercosur signed a Partnership Agreement (EMPA) and an Interim Trade Agreement (iTA). However, the controversial free trade deal still has to be approved by the European Parliament and single EU member states. When on Jan. 9, a qualified majority of EU ...
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ArticleWortmann starts building a new €20m warehouse
With a ground-breaking ceremony held on Jan. 15, Wortmann Group officially started the construction of its new smart warehouse at its headquarters and logistics facility in Detmold, Germany. The facility represents an investment of about €20 million, one of the largest single investments in Wortmann’s history, and sends “a clear ...
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News briefs
Neeman’s raises $4m in funding round
The Indian footwear Neeman’s raised $4 million in its latest funding round. The round included an investment of $1.8 million from the SNAM Group, as well as the participation of existing investors Anicut Capital, Enam Investments and Sharrp Ventures. Founded in 2017 by Taranjeet Singh Chhabra and Amar Preet ...
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ArticleThe US kids footwear brand jbrds is up for sale
Mike Gugat, the co-founder and CEO of jbrds, a US brand of children’s shoes, announced that the company is up for sale. “After building, launching, and validating jbrds, it’s clear that what we’ve created is more than just a standalone brand; it’s a platform for helping kids start off on ...
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ArticleTamaris launches the TMRS Men shoe collection in Germany
Tamaris, a brand of the German footwear manufacturer and distributor Wortmann Group, is launching its new sub-brand TMRS Men, its first men’s shoe collection, in the German market. TMRS Men originally debuted with the spring/summer 2025 season in selected markets, including France, Belgium/Luxembourg, Greece, Austria, Italy, the Netherlands, Sweden, Norway, ...
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News briefs
Genesco to transform its IT operations
Genesco announced a “strategic transformation” of its information technology operations, which could lead to job cuts. The US footwear group said that it is “advancing to a new business model designed to improve speed and scalability, accelerate AI-enabled innovation and automation, and more closely align technology capabilities with the company’s ...
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News briefs
ACBC hires a Chief Commercial Officer
ACBC, an Italian B-Corp certified firm specializing in product innovation and sustainable, circular solutions for the fashion and lifestyle industries, has hired Dario Minutella as Partner and Chief Commercial Officer. Minutella joins ACBC from the consultancy firm Kearny where he was a partner and oversought the Italian fashion and ...
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News briefs
The Austrian fashion chain Higgins files for insolvency
The Austrian fashion chain Higgins has filed for insolvency just four months after launching, after sales failed to meet expectations and higher-than-planned construction, expansion and fixed costs put pressure on liquidity. The company will not continue operating. Around 220 creditors and 56 employees are affected, while total liabilities stand at ...
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ArticleRAS appoints a new senior management
Rautureau Apple Shoes (RAS) has has appointed Riccardo Ribolla as Chief Executive Officer and Fabrice Delecolle as his deputy. Ribolla has been the company’s Sales Manager since 2020 and Delecolle its Chief Financial and Administrative Officer since 2008. The French company is based in La Gaubretière, in the Vendée region, ...
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News briefs
Axel Arigato names a new CEO
The Swedish footwear and fashion brand Axel Arigato has named Frédéric Serrant as its new Chief Executive Officer, replacing Albin Johansson who co-founded the brand in 2014 with Max Svärdh, who stepped down as Creative Director in 2024. Serrant brings over 30 years of experience in the fast-moving consumer goods ...
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News briefs
The owner of the Inside fashion retailer files for bankruptcy protection
Liwe Española, the Spanish group that owns the Inside clothing stores, has filed for bankruptcy protection with a Murcia-based commercial court. The move comes after the same court rejected on Jan.9 a restructuring plan that Liwe had drafted with its advisors. On Jan. 19, Liwe said that filing for ...
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News briefs
French footwear exports down 3% in the first 11 months of 2025
French exports of footwear totaled €4.859 billion in the first 11 months of 2025, down by 3 percent year-over-year, while imports were up by 2 percent at €7.609 billion, according to data released by Alliance France Cuir, the trade association representing the country’s leather and leather goods industry. It added ...
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