All Shoe Intelligence articles in Volume 28, Issue 5+6 – Page 3
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News briefs
JD launches a £200m share buyback
JD Sports Fashion intends to return £200 million (€228 million) of capital to shareholders through share buybacks in fiscal 2027. The program will commence immediately and initially involve the purchase of ordinary shares with an aggregate value of up to £100 million (€114m), and is expected to complete no later ...
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News briefs
New US 10% tariff comes into effect
A new 10 percent global tariff announced by the White House on goods imported into the US came into effect on Feb. 24. The US President, Donald Trump, announced that the rate would be increased to 15 percent, but the move still has to be made official. On Feb. ...
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ArticleGerman footwear manufacturers’ sales up 3.2% in 2025
In 2025, sales by German footwear manufacturers rose by 3.2 percent year-on-year to €2.33 billion. Domestic sales were 6.0 percent higher at €1.73 billion and exports declined by 5.9 percent to €493 million, according to HDS/L, the German association of the footwear and leather goods industry, citing data by Destatis, ...
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ArticleShoe Carnival’s CEO steps down
Mark Worden, Shoe Carnival’s President and Chief Executive Officer, has stepped down and resigned as a member of the board of directors, effective Feb. 24. The US footwear retailer will commence a search for a permanent successor. In the meantime, Cliff Sifford, the company’s current Vice Chairman of the board, ...
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News briefs
German consumer confidence worsens slightly
German consumer confidence is expected to worsen in March, falling to -24.7 from -24.2 in February, according to the GfK Consumer Climate, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). The February reading was revised down from a preliminary estimate of -24.1. “Even though the ...
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ArticleGerman e-commerce rebounds with footwear and fashion outperforming
Germany’s online retail sector returned to steady growth in 2025, with fashion and footwear once again outpacing the overall market, a survey by BEVH, the German e-commerce and dstance selling association, and the EHI research institute showed. After several turbulent years marked by inflation and weakened consumer confidence, online retail ...
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News briefs
French footwear sales rebound sharply in January
In January, French footwear retail sales surged by a seasonally and working-day adjusted 7.7 percent month-on-month, after declining by 3.4 percent the previous month, according to the Bank of France. Overall retail sales in France rose a seasonally and work-day adjusted 1.2 percent from December, when they fell by 1.6 ...
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ArticleSteve Madden’s Q4 sales lifted by Kurt Geiger
In the fourth quarter of 2025, Steve Madden’s revenues increased 29.4 percent to $753.7 million from $582.3 million a year earlier, lifted by the acquisition of Kurt Geiger, which completed on May 6, 2025. The group’s gross profit margin improved to 42.4 percent from 40.4 percent. The adjusted gross margin ...
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ArticleRocky Brands’ sales growth accelerates in Q4 as Xtratuf, Muck shine
Rocky Brands reported sales of $139.7 million in the fourth quarter, up by 9.1 percent compared to the year earlier and the highest quarterly growth rate of 2025, as Xtratuf continued to lead gains in the top line and The Original Muck Boot Company brand also performed strongly. Growth in ...
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ArticleMicam and Mipel attract over 20,000 visitors
The 101st edition of the footwear trade show Micam and the 129th edition of the leather goods event Mipel, which were held jointly from Feb. 22 to 24 at the Fieramilano Rho exhibition center on the outskirts of Milan, welcomed over 20,000 visitors, 46 percent from Italy and 54 percent ...
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ArticleWolverine's full-year sales rise 7.1% driven by Saucony
Wolverine Worldwide’s sales rose by 7.1 percent to $1.87 billion in 2025 – but behind the growth lies a clearly divided portfolio. While the Active Group grew by 13.0 percent, with Saucony in particular performing strongly with an increase of 31.1 percent and Merrell up by 8.4 percent, the Work ...
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ArticleDeichmann’s sales were up a currency-adjusted 2% in 2025
In 2025, Deichmann, Europe’s largest footwear retailer, booked currency-adjusted sales growth of over 2 percent to around €8.9 billion. The German group sold some 180 million pairs of shoes through 4,700 stores and 40 online shops in more than 30 countries. Almost 70 percent of sales came from outside Germany. ...
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ArticleEU to proceed with provisional application of the trade agreement with Mercosur
The European Commission, the executive arm of the European Union (EU), is proceeding with the provisional application of the controversial free trade agreement with Mercosur after the accord was cleared by Argentina and Uruguay. Brazil and Paraguay are expected to follow soon, according to Ursula von der Leyen, the ...
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News briefs
Ricosta hires new purchasing chief
German children’s footwear manufacturer Ricosta has appointed a new Head of Purchasing, bringing Christopher Zierahn back to the company to lead the department. Zierahn, 33, previously worked at Ricosta from November 2017 to November 2019 in the purchasing division. He now returns to take over responsibility for the unit. ...
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News briefs
Sabu Schuh & Marketing GmbH rebrands as Sabu GmbH
Sabu Schuh & Marketing GmbH has changed its name to Sabu GmbH to reflect a broader and increasingly diversified service portfolio, the German shoe retail cooperative said. The Heilbronn‑based group said in a statement that the previous name no longer captured the full scope of its activities. “The retail sector ...
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ArticleGolden Goose’s sales rise by 15% in 2025
In 2025, Golden Goose, the Italian brand of premium sneakers, saw its net revenues rise by 15 percent year-over-year at constant exchange rates to €734 million, driven by direct-to-consumer sales. DTC sales were up by 21 percent year-on-year and now represent 81 percent of total revenues, up from 77 percent ...
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ArticleItalian shoemakers finally see their revenues rise in Q4
In 2025, revenues of Italian footwear manufacturers fell by 2.8 percent year-over-year to €12.84 billion, in line with expectations, according to a survey carried out in January by Confindustria Accessori Moda among members of the Italian footwear association Assocalzaturifici. In the final quarter of 2025, revenues were up by 1.1 ...
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News briefs
Turkish inflation reaches 31.53% in February
Turkey’s annual inflation rate rose to 31.53 percent in February from 30.65 percent the previous month, according to data from Turkish statistics office Tuik. Compared to the month earlier, consumer prices rose by 2.96 percent in February. However, independent economists at the Inflation Research Group (ENAG) claim that official data ...
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PDF NewsletterShoe Intelligence Executive Edition: Vol. 28 - 5+6
EU to proceed with provisional application of the trade agreement with Mercosur | Italian shoemakers finally see their revenues rise in Q4 | German footwear manufacturers’ sales up 3.2% in 2025 | Portugual’s 2025 footwear exports rise 0.8% in value | Brazilian shoemakers express concern about growing imports | Micam and Mipel attract over 20,000 visitors | Why Expo Riva Schuh and Gardabags wants to become a fashion hub | Birkenstock posts a sharp increase in net profits in Q1 | Deichmann’s sales were up a currency-adjusted 2% in 2025 | Golden Goose’s sales rise by 15% in 2025 | Footasylum’s CEO leaves after a two-year tenure | Wolverine’s full-year sales rise 7.1% driven by Saucony | Rocky Brands’ sales growth accelerates in Q4 as Xtratuf, Muck shine | Steve Madden’s Q4 sales lifted by Kurt Geiger | Shoe Carnival’s CEO steps down | Crocs sees earnings growth, flat sales in 2026 as international business continues to outperform | Jimmy Choo posts higher revenues than expected | Boot Barn raises guidance again as sales momentum continues at start of Q4 | Gordon Brothers buys Chinese Laundry after acquiring LK Bennett | Gant brings footwear in-house, ends license deal with Hamm | Why a veteran of the footwear industry has decided to launch three new brands | Theo Wormland to cease operations | German e-commerce rebounds with footwear and fashion outperforming
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