All Shoe Intelligence articles in Volume 28, Issue 5+6 – Page 2
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News briefs
Torben Schütz takes over as CEO of HDS/L
HDS/L, the German footwear and leather goods trade association, has appointed Torben Schütz as its new CEO, confirming an announcement made last year. Effective Feb. 1, the 34‑year‑old succeeded Manfred Junkert, who retired after 19 years at the helm of the association. Schütz stepped into the role from his previous ...
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News briefs
Northern Irish retailer Houstons Footwear closes down
After 50 years of activity, Houstons Footwear, an independent retailer located on Strand Road in the North Irish town of Londonderry, also referred to as Derry, is closing down. In a post on Facebook dated Jan. 29, the retailer wrote: “To all our customers,After much thought, we want to let ...
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ArticleBirkenstock posts a sharp increase in net profits in Q1
Birkenstock Holding, the UK-based parent company of the German sandal maker, posted a 151 percent increase in net profit to €51 million, while earnings per share (EPS) surged by 157 percent from €0.11 in the fiscal first quarter ended Dec. 31. On an adjusted basis, the bottom line was up ...
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ArticleCrocs sees earnings growth, flat sales in 2026 as international business continues to outperform
Crocs expects to deliver earnings per share growth despite flat sales in 2026. The management’s priority is to improve sales trends in North America, but it also sees opportunities to expand the footprint of the US footwear company in the fast-growing international business. Sales for the Crocs brand in 2026 ...
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ArticleTheo Wormland to cease operations
Wormland, the German men’s fashion retailer, founded in Hannover in 1935, is shutting down after efforts to find new investors failed following its second insolvency. With no viable offers submitted, the provisional creditors’ committee has decided to close the nearly 90-year-old company and insolvency proceedings were formally opened by the ...
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News briefs
Pikolinos opens a store in London
Pikolinos has opened a store in London, its first in the UK. The shop is located at 351 Oxford Street. The opening is part of the Spanish footwear company’s 2026-2029 strategic plan, which is being executed by the newly appointed General Manager, Francisco Sánchez, who will continue to manage Pikolinos’ ...
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ArticleBrazilian shoemakers express concern about growing imports
After a record year in 2024, Brazil’s footwear imports continued to rise sharply in January, setting a new record for the month, according to data released by Abicalçados, the Brazilian association of footwear manufacturers. In January, imports totaled 4.46 million pairs, up by 34.3 percent year-over-year and $62.9 million, up ...
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News briefs
Brazil will have a delegation of 71 brands at Micam
Brazil will be represented by 71 brands at Micam’s 101th edition, held from Feb. 22 to 24 at the Fieramilano Rho exhibition center on the outskirts of Milan. The brands are supported by Brazilian Footwear, an export promotion program maintained by the Brazilian footwear association Abicalçados in partnership with ApexBrasil, ...
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ArticleDebenhams plans £35m equity raise to bolster balance sheet
Debenhams Group, formerly known as Boohoo, is raising £35 million (€40m) from shareholders in an attempt to cut debt and accelerate its turnaround plan. Debenhams Group, which owns the brands Boohoo, Debenhams, Oasis, Warehouse, Pretty Little Thing and Karen Millen, said it would cut costs, sell off a distribution center ...
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News briefs
Irish footwear store closes after 6 decades
Wiseman’s, an independent Irish footwear and apparel retailer located in Bantry, announced that it is closing on Feb. 21 after over 60 years of activity. “After more than 6 decades as a family-run business, we are stepping into a new chapter with full hearts & great memories,” the retailer posted ...
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ArticleItalian shoemakers see delay in EU-Mercosur trade deal as severely damaging
The European Parliament’s decision to delay the ratification of the European Union-Mercosur trade agreement by requesting a legal opinion from the Court of Justice of the European Union is viewed as severely damaging by the Italian footwear industry. “The postponement of the EU-Mercosur agreement represents serious damage for our ...
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News briefs
Picaaso Footwear plans to expand into Europe
Picaaso Footwear, a brand of the Indian footwear manufacturer NexGen Footwears, is expanding its international presence by entering a few selected European countries as well as Oman. The company is already present in East Africa (Kenya, Ethiopia, Tanzania, Somalia, South Sudan), West Africa (Nigeria, Ghana), as well as in the ...
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ArticleFootasylum's CEO leaves after a two-year tenure
After a two-year stint at the helm, David Pujolar has stepped down from his role as CEO of Footasylum. The departure, effective Feb. 12, marks a strategic pivot for the UK-based streetwear giant as it transitions from a period of rapid domestic stabilization to an aggressive international push. To maintain ...
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News briefs
Micam and other trade shows join forces under the Fashion Link Milano banner
The 101st edition of Micam, Milan’s international footwear exhibition, will be held under the joint Fashion Link Milano banner with four other trade shows: Mipel, Milano Fashion & Jewels, Sì Sposaitalia Collezioni and The OneMilano. Milano Fashion & Jewels, Sì Sposaitalia Collezioni and The OneMilano will be held from Feb. ...
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News briefs
US Supreme Court rules against trade tariffs
The US Supreme Court struck a blow to the tariff policy of President Donald Trump, ruling six to three that the executive may not set tariffs by invoking the International Emergency Economic Powers Act (IEEPA) of 1977. According to Reuters, the majority opinion, written by Chief Justice John Roberts, quotes ...
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ArticleGordon Brothers buys Chinese Laundry after acquiring LK Bennett
Gordon Brothers, a US investment firm, has acquired the Chinese Laundry brand and related trademarks from CELS Brands with the ambition of providing “a growth platform for the contemporary footwear brand.” It also helped the brand sell its footwear inventory. “We’re proud to provide a complete solution for the assets ...
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News briefs
ANWR Schuh and Goldkrone launch a joint trade fair
The German buying group ANWR’s footwear division, ANWR Schuh, is joining forces with affiliated buying group Goldkrone to launch a new trade fair that combines their existing trade fair formats. The new trade fair platform, ANWR Order x Bag&Order, will debut on March 10 and 11, 2026, bringing together the ...
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News briefs
Schuhhaus Horsch files for bankruptcy
The German shoe retailer Schuhhaus Horsch has filed for bankruptcy, adding to a growing list of store closures in the country’s struggling footwear sector. The company, which specializes in extra-large and extra-small shoe sizes, has been hit by the insolvency of a key Portuguese supplier that caused significant supply disruptions. ...
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ArticleTrump announces a 15% worldwide tariff after US Supreme Court ruling
US President, Donald Trump, announced a 15 percent worldwide tariffs on goods imported into the US after the US Supreme Court said that the President had exceed his authority by imposing tariffs under the the International Emergency Economic Powers Act (IEEPA) of 1977. The ruling, issued on Feb. 20, was ...
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News briefs
European Commission probes Shein
The European Commission (EC) has opened an inquiry into Shein under the auspices of the EU’s Digital Services Act. The allegations are three: addictive design non-transparent recommender systems sale of illegal products (e.g., “child-like sex dolls”) The inquiry follows on preliminary analyses of Shein’s own risk-assessment reports ...
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