All Shoe Intelligence articles in Volume 28, Issue 3+4 – Page 4
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ArticleH&M posts a higher operating profit in Q4
H&M Hennes & Mauritz posted an operating profit of SEK 6.364 billion (€603m) in the fourth quarter ended Nov. 30, up by 38 percent from the year earlier, a result the company attributed to an improved customer offering, an improved gross margin and good cost control. The Swedish fast-fashion retailer’s ...
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ArticleVF Corp’s outdoor brands drive Q3 gains as transformation advances
VF Corp returned to modest growth in Q3 FY26 as TNF and Timberland delivered solid gains, helping offset continued weakness at Vans and supporting margin expansion and debt reduction.
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News briefs
LVMH posts slight organic sales growth in Q4
LVMH’s fashion and leather goods division posted revenues of €41.060 billion in 2025, down by a reported 8 percent year-over-year and down by 5 percent organically. Profit from recurring operations for the division fell by 13 percent to €15.230 billion. Sales for the whole French luxury-goods conglomerate were down by ...
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ArticleBirkenstock targets extra €1bn in revenues in 3 years
Birkenstock Holding, the UK-based parent company of the German sandal maker, expects to generate €1 billion of incremental revenues over the next three years, representing a 13-15 percent growth of the top line, at constant exchange rates, to September 2028. Over the three-year period, the group expects double-digit growth rates ...
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Sergio Rossi’s Creative Director leaves
Sergio Rossi, the Italian luxury footwear brand owned by Lanvin Group, and its Creative Director, Paul Andrew, are parting ways. The designer joined the brand in July 2024. “On behalf of Sergio Rossi, I would like to express our gratitude to Paul Andrew for the dedication and professionalism he has ...
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VF Corp CCO to step down
VF Corp. has announced a planned succession in its commercial leadership, with Global Chief Commercial Officer Martino Scabbia Guerrini stepping down from the role and transitioning to a senior advisor position to CEO Bracken Darrell. The company disclosed in a regulatory filing that the change took effect Jan. 28, 2026, ...
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Genesco’s CFO quits
Genesco’s Chief Financial Officer (CFO), Cassandra “Sandra” Harris, is stepping down from her role effective March 6 to pursue other opportunities. “Harris will assist with an orderly transition, participate in Genesco’s fourth quarter and fiscal year 2026 earnings conference call in early March and will continue to support the company ...
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ArticleHow the war in Ukraine has affected a local footwear company
Belsta, Ukraine’s largest footwear company founded in 2006 and based in Bilhorod-Dnestrovskyi in the Odessa region, has suffered extensively from the war with Russia, which used to be its biggest market. The company, which specializes in slippers, is seeking to bolster sales in the European Union. Before 2014, when Russia ...
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Indian shoemakers see new opportunities with EU trade deal
The trade agreement reached by the European Union and India will create “new opportunities” for the Indian footwear and leather industry, according to R Selvam, the Executive Director of Council for Leather Exports (CLE), which is sponsored by India’s Ministry of Commerce & Industry. “The India–EU free trade agreement, which ...
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ArticleOrva hires a General Merchandising Manager for its footwear business
Orva, US provider of e-commerce merchandising solutions for brands, has appointed Jason Short as Senior Vice President, General Merchandising Manager of its footwear business. “In this role, Short will lead the merchandising strategy for Orva’s footwear business, with a focus on expanding its performance brand portfolio and optimizing the overall ...
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ArticleDeckers lifts outlook as Hoka accelerates and US demand stabilizes
Deckers Brands raised its earnings and sales guidance for the full fiscal year, as growth at its Hoka brand accelerated, the international business continued to outperform, and management highlighted an improvement in its domestic business. Sales in the third quarter ended Dec. 31 increased by a reported 7.1 percent to ...
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The German shoe retailer Sutor is taken over by the businessman Steffen Liebich
Steffen Liebich, a Berlin entrepreneur, has taken full ownership of the German shoe retailer Sutor Group, according to media reports. Founded in 1934, the Landshut-based retailer operates 41 stores under the Sutor and Happy Schuh brands, as well as the sutor.de online shop, and employs around 400 people. ...
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Zegna’s Q4 revenues rise by nearly 5% organically
The Italian fashion group Ermenegildo Zegna generated revenues of €591.0 million in the fourth quarter of 2025, up by a reported 0.3 percent compared to a year earlier and 4.6 percent higher on an organic basis. In the quarter, revenues for the Zegna brand rose by 2.4 percent to €361.7 ...
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ArticlePölking files for insolvency again
The German shoe wholesaler Pölking has slipped back into financial distress, hit by a combination of rising costs, weakening consumer demand and delayed customer payments. The company once again filed for insolvency with the Osnabrück District Court less than three years after its first bankruptcy and just 20 months after ...
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PDF NewsletterShoe Intelligence Executive Edition: Vol. 28 - 3+4
Experts are confident about global footwear sales growth | EU and India conclude negotiations for free trade agreement | EU parliament delays Mercosur deal | Expo Riva Schuh and Gardabags attracts 8,000 visitors | Birkenstock targets extra €1bn in revenues in 3 years | Pölking files for insolvency again | Wortmann starts building a new €20m warehouse | Tamaris launches the TMRS Men shoe collection in Germany | Kybun Joya revives Switzerland’s oldest shoe brand Elgg | How the war in Ukraine has affected a local footwear company | Pikolinos hires a new General Manager | Next buys UK shoe retailer Russell & Bromley for £2.5m | Dr. Martens sees flat sales as pivot to full pricing continues | Shoe Zone issues a warning on its 2026 earnings | Ferragamo posts DTC sales growth in Q4 | RAS appoints a new senior management | Mephisto USA’s CEO steps down | VF Corp’s outdoor brands drive Q3 gains as transformation advances | Deckers lifts outlook as Hoka accelerates and US demand stabilizes | Genesco sees ‘meaningful’ earnings growth after strong holiday sales | Caleres’ CFO steps down | Orva hires a General Merchandising Manager for its footwear business | Patricia Nash Designs enters footwear partnership with El Roma Consulting | The US kids footwear brand jbrds is up for sale | Saks Global files for bankruptcy | Marubeni buys Gola as it expands its lifestyle business
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News briefs
Nimco names a joint CFO and COO
The Dutch footwear maker Nimco International has appointed a new Chief Financial Officer and Chief Operating Officer for its comfort shoe brand Xsensible and its orthopaedic shoe brand Nimco Made4You. Geert-Willem Koolhof, who has been a member of the company’s advisory board since July, will take on the dual role ...
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AstorMueller appoints a duo to manage Salamander’s sales
AstorMueller AG, a Swiss footwear group, has overhauled the sales structure of its Salamander brand by appointing two experienced managers from within the group to key roles. Pia Fuhrländer, who had joined the company in January 2025 as Head of Sales B2B + digital - Europe, has stepped down and ...
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Ringschuh warns of significant challenges for Austrian shoe retailers
The Austrian buying group, Ringschuh, is warning of major challenges in the country’s footwear retail sector as economic conditions remain strained, with sluggish sales, average sell-through rates and persistently high inventory levels, all of which are affecting the profitability and cash flow of many shoe retailers. In addition, increasingly unpredictable ...
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Piazza Italia placed under judicial administration in Italy
Piazza Italia, an Italian fast-fashion chain, has been placed under judicial administration for a year by a Florence-based court for having allegedly benefitted financially by outsourcing production to suppliers abusing the rights of their workers. According to public prosecutors based in Prato, a large Italian clothing cluster, since 2022 the ...
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News briefs
US to cut trade tariffs on Indian imports
The US President, Donald Trump, said that the US will cut to 18 percent from 25 percent the so-called reciprocal tariff imposed on Indian imports after the two countries reached a trade agreement. According to Trump, the tariff cut comes after the Indian Prime Minister, Narendra Modi, agreed to stop ...
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