All Shoe Intelligence articles in Volume 28, Issue 3+4 – Page 3
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ArticleEU parliament delays Mercosur deal
The European Parliament has moved to delay ratification of the European Union-Mercosur trade agreement by requesting a legal opinion from the Court of Justice of the European Union. After 25 years of negotiations, the free trade deal was signed on Jan. 17 by the President of the European Commission, Ursula ...
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ArticleUS pauses Greenland tariff threat
The US has paused threatened tariff increases against several European allies following talks between US President Donald Trump and NATO Secretary General Mark Rutte, easing tensions that had escalated over Greenland and transatlantic trade. Speaking on the sidelines of the World Economic Forum in Davos, Trump said tariff measures previously ...
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ArticleNext buys UK shoe retailer Russell & Bromley for £2.5m
Next is buying the struggling footwear chain Russell & Bromley in a £2.5 million (€2.87m) pre-packaged bankruptcy deal that puts 33 shops and 440 jobs at risk. Under the terms of the deal Next will acquire the 145-year-old, family-run firm’s brand and other intellectual property, as well as three out ...
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ArticleGerman consumers turn to Temu and Shein amid financial pressure
Economic pressure is a decisive factor for German shoppers, who continue to turn to discount platforms such as Temu and Shein despite persisting concerns over product quality and safety, surveys by the federal association of e-commerce and mail order trade, BEVH, show. Conducted in late December, the surveys examine ...
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News briefs
Otto Group partners with Nvidia to improve supply-chain operations
Otto Group has unveiled a collaboration with Nvidia aimed at transforming the German retailer’s logistics operations through large‑scale intelligent robotics. The initiative centers on a new AI‑powered “Robotic Coordination Layer,” an “intelligent virtual navigation and communication system” that will manage all robot fleets on its 120 logistics sites, the ...
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ArticleCaleres’ CFO steps down
Caleres’ Chief Financial Officer, Jack Calandra, will leave the US footwear group at the end of January to pursue other opportunities. ”His departure is not related to any disagreement with the company,” Caleres highlighted in a statement. Caleres has commenced an external search for a permanent successor. In the ...
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News briefs
Trump threatens trade tariffs against Canada
The US President, Donald Trump, has threaten to impose a 100 percent tariff on Canadian imports it its northern neighbor signs a trade agreement with China. “If Governor Carney thinks he is going to make Canada a “Drop Off Port” for China to send goods and products into the United ...
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ArticleMephisto USA’s CEO steps down
Rusty Hall is stepping down as President and CEO of Mephisto USA after 15 years running the American unit of the French brand. The move marks “the conclusion of a distinguished 50-year career in the footwear industry,” the company commented. Source: Mephisto Logan Bird, Mephisto’s new President and ...
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News briefs
Pakistani’s SGFL forms joint venture with China’s Golden Star Footwear Group
Service Global Footwear Limited (SGFL), Pakistan’s largest footwear exporter, has entered into a joint venture agreement with Golden Star Footwear Group Limited, a Chinese company, to establish a manufacturing and export project for non-leather footwear in Pakistan. SGFL will hold a 51 percent stake in the joint venture and Golden ...
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News briefs
Bureau Veritas buys Italy’s Spin360
Bureau Veritas, a French testing, inspection and certification services group, has acquired Spin360, an Italian consulting firm specialized in sustainable innovation and development for fashion and luxury brands. Spin360 designed VCS (Verified & Certified Steps), a software package allowing the self-assessment of environmental, social and governance (ESG) performances launched in ...
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News briefs
German trade association BTE appoints new Managing Director
The German textile, footwear and leather goods trade association, BTE, has appointed a new Managing Director as part of an internal restructuring. Sönke Padberg, 54, who has headed BTE’s Berlin office since early 2025, assumed the role on Jan. 1, succeeding Axel Augustin, the association said in a statement. Prior ...
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News briefs
Esgano appoints a new Customer Care and Sales Manager
German shoe manufacturer Esgano has appointed a new Head of Customer Care and Sales Management. Hans-Jörg Siegers joined the company at the beginning of the year and is now responsible for further developing the customer care department and optimizing Esgano’s sales structures. Siegers brings broad experience in sales, brand management ...
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News briefs
Norda and Gnuhr launch the Gnorda collection
Canadian performance footwear brand Norda and Paris-based design label Gnuhr announced the launch of Gnorda, a collaborative 10-piece collection spanning trail running footwear, recovery footwear and technical apparel. The collection will be released globally on Jan. 29 via both brands’ direct-to-consumer platforms. More in our sister publication Outdoor Industry ...
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News briefs
Anta Sports buys a 29.06% stake in Puma for €1.5bn
Anta Sports Products has reached an agreement with Groupe Artémis, the investment company of the Pinault family, to acquire a 29.06 percent stake in the German sportswear group Puma. The stake is valued at €1.5 billion in cash. “The transaction marks a significant step in Anta Sports’ globalization strategy, further ...
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Article
EU and India conclude negotiations for free trade agreement
The European Union and India have concluded negotiations for a free trade agreement, marking the largest such deal ever concluded by either side. “The EU and India make history today, deepening the partnership between the world’s biggest democracies,” commented Ursula von der Leyen, the President of the European Commission. “We ...
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ArticlePatricia Nash Designs enters footwear partnership with El Roma Consulting
Patricia Nash Designs, a vintage-inspired US brand known for its leather handbags and accessories, has entered a partnership with El Roma Consulting to support the expansion of its women’s footwear collection. Founded in 2010 by Patricia Nash, last year the brand marked its 15th anniversary by reintroducing a footwear collection. ...
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ArticleFerragamo posts DTC sales growth in Q4
Salvatore Ferragamo’s sales in the fourth quarter of 2025 fell by a reported 3.2 percent year-over-year, and by 2.0 percent at constant exchange rates, to €282 million due to a decline in the wholesale channel. However, direct-to-consumer (DTC) sales grew by 6.3 percent at constant rates marking an acceleration from ...
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News briefs
German consumer confidence improves but remains low
German consumer confidence is estimated to improve in February, rising to -24.1 from -26.9 in January, according to the GfK Consumer Climate, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). “With the current increase, the consumer climate has recovered a significant portion of the strong losses ...
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News briefs
Debenhams upgrades its guidance
Debenhams Group, which previously traded under the Boohoo name, said it is trading above expectations and adjusted Ebitda for total operations in the current year is now forecast to be £50 million (€57.7m) for the full year ending Feb. 28. The previous guidance released on Nov. 27 was for adjusted ...
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ArticleDr. Martens sees flat sales as pivot to full pricing continues
Dr. Martens has forecast flat full-year revenue after a fall in third-quarter sales, as it faces continuing challenges in the UK and US with cost-conscious consumers reluctant to pay full price for its iconic footwear and tariffs weighing on costs. Sales in the 13 weeks to Dec. 28 were down ...
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