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Gyrus Capital takes over ACBC
C-Suite interview: Rohde expects to continue growing in 2025
Deichmann’s 2024 revenues up 2.3%
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C-Suite interview: Rohde expects to continue growing in 2025
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.
C-Suite interview: Pegada plans to open 100 stores worldwide this year
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.
C-Suite interview: Piccadilly celebrates 70 years with good growth prospects
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).
Latest Case Studies
How a dropshipper enables foreign footwear companies to enter the US market
“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.
A way out of the trade dispute: Is Cambodia the new Vietnam of the footwear industry?
With the current trade dispute between China and the US, the disturbance shows no signs of abating any time soon.
Brazilian shoemakers hope Trump will help boost their sales to the US
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 footwear exports drop in volume and value in 2024
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).
German consumer confidence declines
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).
French footwear sales up by 0.6% in January
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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French footwear sales up by 3.9% in March
Hoka opens its first store in Vietnam
Chinese exports to US face up to 245% tariff
BasicNet appoints 2 new CEOs
Shein and Temu to hike US prices
Deutsche Umwelthilfe sues Deichmann for alleged greenwashing
LVMH’s sales slip in Q1
Deichmann’s Chief Marketing Officer Sabine Zantis leaves
Castañer’s sales slow down in 2024
UK footfall declines on Easter timing
US Treasury Secretary sees de-escalation in trade war with China
During a private summit with investors hosted by JPMorgan Chase held in Washington, the US Treasury Secretary Scott Bessent said he expects “there will be a de-escalation” in the trade war with China in the “very near future,” CNBC reported citing a person attending the meeting.
Arc’teryx sets up a footwear business unit
Arc’teryx Equipment has announced the creation of a standalone footwear business unit to accelerate its presence in the high-performance mountain footwear category. The move comes on the heels of a strong Spring 2025 product launch, including the Norvan LD 4 and Vertex Speed trail models, and signals the brand’s deepened ...
Gyrus Capital takes over ACBC
Gyrus Capital, a Geneva-based investment firm is buying a majority stake in ACBC, an Italian firm specializing in product innovation and sustainable, circular solutions for the fashion and lifestyle industries.
Hermès plans to hike prices in the US due to tariffs
Hermès plans to increase prices in the US to fully compensate for the 10 percent tariff on most imported introduced by the administration of US President Donald Trump.
C-Suite interview: Rohde expects to continue growing in 2025
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.
AstorMueller sets up a joint venture in India
AstorMueller has set up a joint venture in India called Nuvora as the Swiss footwear group aims to make the fast-growing Asian country one of its main markets.