The Germany-based online fashion retailer has experienced growth in revenue and profit in the second quarter. Investment in AI technology will now form part of its strategy for expanding its customer base
Exhibitors and attendees praised Barefoot European Shoe Fair for its vibrant atmosphere, diverse product offerings and growing consumer interest, signalling a shift from niche to mainstream appeal
Although the retail sector has shown modest year-on-year growth overall, the footwear segment continues to struggle. Meanwhile, online sales have recorded double-digit increases since September 2024. The truth is that despite signs of easing inflation and seasonal discount campaigns, both retailers and consumers remain cautious amid geopolitical tensions and economic uncertainty. The rebound seen earlier in the year has given way to cautious forecasts, particularly in light of the sharp downturn in footwear imports and the potential ramifications of shifting trade policies
The sportswear company has reported a strong second quarter, with double-digit revenue growth of 12% year-on-year. Despite acknowledging the impact of US tariffs and future uncertainty, adidas reaffirmed its full year outlook
Europe’s first barefoot footwear trade fair, from the 31st of July to the 3rd of August, will welcome international exhibitors, market research and interactive experiences in a growing market niche
The German fashion retailer is closing all its stores in Germany and Europe while selling its trademark rights to Spanish retailer Victrix. This follows its third insolvency in a few years
The German sportswear giant was the victim of a cyberattack targeting its customers’ personal information. However, their credit card or other payment-related data was not accessed
We spoke to Torben Schütz, Deputy Managing Director at the Federal Association of German Footwear and Leather Goods Industry, to learn more about the upcoming Barefoot European Shoe Fair, the first of its kind in Europe. The preview takes place in the summer in Offenbach, close to Frankfurt
The sportswear company reported a subdued performance in the first quarter, with the adjusted operating profit falling by more than 50% year-on-year due to lower gross profit margins and rising operating expenses
The fashion online retailer has reported a strong first quarter with growth in revenue and profits. As a result, it has confirmed its full year outlook despite the challenging macroeconomic environment
The German sportswear company has reported a 13% increase in sales in the first quarter, as compared to the same period last year. However, CEO Bjørn Gulden warned of the impact of tariffs ahead
In a landscape where e-commerce is in a league of its own, footwear retailers continue to struggle to regain sales growth, even against the backdrop of overall retail performance. And low inflation in the sector is actually indicative of low demand, not consumer confidence. Indeed, the data shows that consumers remain far more pessimistic than retailers, and a renewed rise in the propensity to save is clouding the overall picture. Given the volatile global trading environment, hope rests on the ability of retailers to weather these gloomy conditions
The German-based footwear retailer has reported a strong 2024 performance, despite a challenging trading environment, particularly in its home market and the US
The sportswear company has announced that Tara McRae will succeed Bob Philion as President of Puma North America, where she will oversee the company’s business in this market
Set to debut alongside Düsseldorf Fashion Days, TWODAYS introduces a compact and refreshed approach centred on concentration, quality and relevance—paired with Neonyt’s sustainable fashion platform