After increasing revenues by 4.5 percent in 2024 to €24.2 million, Rohde expects to continue growing this year as it expands its fledgling US and online businesses.
Pegada, a Brazilian footwear company located in Dois Irmãos in the state of Rio Grande do Sul, plans to open about 100 stores this year.
Piccadilly is one of the oldest shoe companies in Brazil. Founded in 1955 by Almiro Grings, it started with an initial production of 12 pairs of shoes a day. Today it exports to 100 countries around the world and has a turnover of approximately 600 million Brazilian reais ($120 million).
“The US is a big retail machine that will continue expanding thanks to population growth. It’s possible for a fresh brand from Europe to enter the US,” explains Joseph (Joe) Trybulec, the owner of Trybulec Enterprises, which enables brands to work with leading e-commerce platforms in the US.
With the current trade dispute between China and the US, the disturbance shows no signs of abating any time soon.
As Donald Trump is sworn in as the 47th President of the US on Jan. 20, Brazilian shoemakers hope to benefit from a possible reduction in shipments of Chinese footwear to the world’s largest market in value in the wake of higher import duties.
China exported 9.2 billion pairs of shoes in 2024, up by 3.3 percent year-over-year. But in value, exports were down by 4.9 percent to $46.9 billion, according to data released by the China Leather Industry Association (CLIA).
In March, the German consumer climate is expected to fall by 2.1 points to -24.7 points compared to the previous month, according to a preliminary estimate by the GfK Consumer Climate powered by NIM, which is published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM).
In January, French footwear retail sales rose by a seasonally and working-day adjusted 0.6 percent month-on-month, according to the Bank of France.
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Crocs said it was withdrawing its guidance for the full year amid macroeconomic uncertainties tied to global trade policies, despite its better-than-expected sales performance in the first quarter of the year.
The Footwear Distributors and Retailers of America (FDRA) has addressed an open letter to the US President, Donald Trump, asking the removal of reciprocal tariffs for footwear. The letter was signed by 76 brands, including the sneaker giants Nike, Adidas, Puma and Skechers.
The troubled Hamburg-based shoe retailer Görtz has closed its flagship store in the Spitalerstrasse in Hamburg’s city center, handing it over to its landlord on April 30, according to media reports.
In the first quarter of 2025, Zalando posted a net income of €9.9 million against a loss of €8.9 million a year earlier on rising revenues and improved operating profitability.
The French footwear retailer André was placed in receivership on April 30 by a Paris-based commercial court. It is the third time in five years that the banner has been placed in receivership.
Skechers has agreed to be acquired by the investment firm 3G Capital in a $9.4 billion deal that will lead to the delisting of the US footwear company.