All Shoe Intelligence articles in Volume 28, Issue 9+10 – Page 2
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ArticleInsolvency proceedings underway for Sutor Group companies
Insolvency proceedings have been opened for four companies of the Sutor group – Sutor Schuh GmbH, FJ Trading GmbH, Happy Lagerverkauf GmbH and Sutor GmbH & Co. KG – after the German shoe retailer slipped into bankruptcy amid long-standing financial difficulties. The proceedings will take place under self‑administration, with the ...
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ArticleBrazil footwear output declines by 1.9% in 2025
In 2025, Brazilian footwear production fell by 1.9 percent to 847.5 million pairs due to a slowdown in the domestic market and instability in exports, according to Abicalçados, the Brazilian footwear association. The decline in output “stemmed from a combination of shocks in the international environment, growth in footwear imports ...
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ArticleBrazil renews footwear export program for 2 years
Abicalçados, the Brazilian footwear association, and ApexBrasil, the Brazilian agency for the promotion of exports and investments, signed the renewal of a two-year agreement to promote Brazilian footwear. Under the agreement, the parties will invest a combined 45.63 million reais (€7.7m) in commercial and promotional initiatives abroad over 2026 ...
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ArticleHermès misses sales expectations
Hermès’ first quarter sales fell a reported 1 percent to €4.1 billion, reflecting a €290 million adverse currency impact, but rose by 6 percent at constanst currencies with double-digit growth in the Americas, Japan, and Europe, excluding France. However, financial analysts were expecting currency-neutral growth above 7 percent. “In a ...
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News briefs
Birkenstock opens its first Swiss store
Birkenstock opened on April 14 its first Swiss store in Zurich. The store is located on Storchengasse, a charming cobblestone street in the heart of the historic old town, and features a selection of the German brand’s signature styles including iconic sandals, clogs and closed shoes.
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News briefs
Kiprun launches in the US
Decathlon’s performance running brand Kiprun was launched in the US market on April 6. The brand is available online at www.decathlon.com and at select specialty run retailers nationwide, such as Running Warehouse, Heartbreak and Run Moore. “The US has one of the most vibrant and diverse running communities in the ...
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News briefs
Kizik launches its first running shoe
Kizik, a US brand specializing in slip-on shoes owned by HandsFree Labs, launched Freedom Run, its first performance running shoe. Built with HandsFree Labs technology, the Freedom Run features the brand’s proprietary Internal Flex Arc system and Tented Heel Pocket. The shoe is also the first Kizik style built ...
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ArticleSperry and Abercrombie & Fitch enter a global collaboration
Abercrombie & Fitch entered into a global collaboration with Sperry, renewing a relationship first established in the 1930s. The collection will include seven apparel styles ranging from $55 to $150. It also introduces five exclusive footwear styles that reimagine Sperry’s Authentic Original Two Eye Boat Shoe and the Authentic Original ...
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ArticleFerragamo names Fabrizio Freda as Special Strategic Advisor
Ferragamo Finanziaria, the holding company of the Ferragamo family and the controlling shareholder of Salvatore Ferragamo, appointed Fabrizio Freda, the former head of Estée Lauder, as Special Strategic Advisor. “We are pleased to begin this collaboration with Fabrizio Freda, a manager of recognized international standing, whose experience will represent an ...
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ArticleSemler completes its restructuring
The German shoe manufacturer Carl Semler GmbH has completed its self-administered restructuring, with creditors unanimously approving the insolvency plan. Under the supervision of a restructuring expert, Lukas Eisenhuth, and a court-appointed administrator, Dennis Blank, the 162-year-old company continued operations throughout the insolvency proceedings. Semler filed for bankruptcy at the Pirmasens ...
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ArticleJack Schwartz Shoes integrates Deer Stags into its portfolio
Jack Schwartz Shoes has integrated Deer Stags into its portfolio. Jack Schwartz Shoes owns and operates Lugz and British Knights, along with licensed footwear for Lee and Ben Sherman. Deer Stags, which was founded as a brand in 1929, has been carried forward by the Muskat family for decades, providing ...
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ArticleYue Yuen warns of up to 55% profit drop as tariffs hit Q1 output
The world’s largest contract footwear manufacturer has flagged a 50–55 percent profit decline for Q1 2026, citing tariff headwinds, rising wages and production bottlenecks as compounding pressures on global footwear supply chains. Yue Yuen Industrial (Holdings) Limited has issued a profit warning disclosing that net profit attributable to shareholders for ...
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ArticleStella’s shipments decline in Q1 due to Ramadan celebrations
In the first quarter of 2026, Stella International Holdings reported a 1.9 percent increase in revenues to $337.4 million from $331.0 million a year earlier despite a 1.7 percent drop in shipments to 11.9 million pairs because of fewer working days due to Ramadan celebrations in Indonesia and Bangladesh, which ...
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News briefs
The US footwear brand Kelley Kouture launches
Kelley Kouture, a women’s footwear brand based in Greater Richmond, Virginia, founded by Kelley Powell Williamson, launched on April 17. The brand, which offers shoes handcrafted in Italy, make its debut of its e-commerce platform kelleykouture.com. The shoes are shipped throughout the US from the brand’s Virginia-based fulfillment center in ...
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News briefs
VF partners with Nedap for inventory management
VF Corporation, whose brand portfolio includes The North Face, Vans and Timberland, has joined forces with the Dutch firm Nedap for inventory management. Under the partnership, VF will deploy the Nedap Inventory Engine across its brand portfolio and more than 1,500 stores for end-to-end inventory visibility and more seamless, data-driven ...
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News briefs
Saucony enjoys strong growth in China
Xtep International Holdings’ first-quarter update reveals a two-speed picture: modest recovery for its core label and an accelerating trajectory for Saucony, the US heritage running brand it operates in mainland China. The Hong Kong-listed group reported mid-single-digit year-on-year retail sell-through growth for its core brand in mainland China during the ...
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ArticleLowa posts record results
The German outdoor footwear manufacturer Lowa reported record financial results for the 2025 fiscal year, achieving its strongest performance to date despite a challenging market environment. The company sold approximately 3.1 million pairs of shoes, representing a five percent increase year over year. Revenue rose by 3.5 percent to €242.1 ...
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ArticlePrimark to demerge from its parent company
Primark’s owner Associated British Foods (ABF) is demerging the budget clothing chain from its food operations after a review of the group’s structure, despite warning that the US-Iran conflict would hit consumer spending and raise prices. Wittington Investments - the holding company of the Weston family which controls the conglomerate ...
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News briefs
JD’s Chair steps down
JD Sports Fashion announced that Andrew Higginson has informed the board of his intention to step down as Chair at the conclusion of the company’s annual general meeting (AGM) on July 21, 2026. He joined the business as Chair in July 2022 and has overseen the transformation of the group’s ...
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