World Footwear

Germany

Retail associations merge in Germany

Mar 4, 2021 / Germany
The German retail associations representing apparel (BTE), footwear (BDSE) and leather goods (BLE) have decided to merge to form the BTE Handelsverband Textil, Schuh, Lederwaren (Trade association of textile, shoes and leather goods)

Birkenstock sells majority stake to the company behind LVMH

Mar 2, 2021 / Germany
The Germany-based lifestyle brand has reached an agreement to sell a majority stake in Birkenstock Group to L Catterton, the private equity firm, and its affiliates including Financière Agache, the family investment company of Bernard Arnault (owner of LVMH)

adidas to sell Reebok and focus on core brand

Feb 17, 2021 / Germany
As part of the development of its new five-year strategy, the Germany-based group has concluded its assessment of strategic alternatives for Reebok. As a result of the review, adidas has decided to begin a formal process aimed at divesting Reebok

Puma named European top employer for 2021

Feb 11, 2021 / Germany
The Germany-based sportswear company has been named Top Employer Europe for the second time in a row. Puma says this award highlights the company's efforts to provide an attractive workplace for its employees

Germany: closed stores are the big issue for this industry

Premium ContentJan 26, 2021 / Germany
Currently holding the 10th position in the list of countries with more cases of peope infected with COVID-19 since the outbreak of the pandemic, Germany currently has a stern lockdown in place. We spoke with HDS/L - Federal Association of German Footwear and Leather Goods Industry to learn what is happening with the local industry

How is COVID-19 impacting the footwear industry in different countries?

Premium ContentJan 26, 2021 / World
With the world fast approaching 100 million cases of infected people and with vaccination now in place in several countries, we did a round of conversations with footwear associations across the world to understand what the current situation of the footwear industry is in their countries, and to learn where and in what conditions are footwear stores open

Gallery SHOES & Fashion postponed to April

Jan 14, 2021 / Germany
Originally scheduled to take place from the 7th to the 9th of March 2021, Gallery SHOES & Fashion will now be taking place after Easter, from the 18th to the 20th of April 2021, at the Areal Böhler in Düsseldorf. The corresponding Showroom Concept has been moved to April as well (16th-20th)

Gallery FASHION & Shoes: event will be digital only and have extended duration

Jan 12, 2021 / Germany
With the extension of the lockdown in Germany until the end of the current month, the next edition of Gallery FASHION & Shoes will no longer be able to take place as a physical event at the Areal Böhler. The plans were to run an hybrid edition. Now the event will be digital only

Ara Portugal celebrates 46 years

Dec 22, 2020 / Portugal
This December, Ara Shoes Portugal is celebrating 46 years. Established in the country in 1974, the German group, was one of the first multinationals in the footwear sector to invest in Portugal

adidas to sell Reebok business

Dec 17, 2020 / Germany
In a statement recently issued, the Germany-based company said that as part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok

Germany Retail: The shoes must go on! But COVID-19 is still not off the stage

Premium ContentDec 14, 2020 / Germany
One of the key footwear players took a massive hit with the dissemination of the pandemic inside its borders. During the first COVID-19 wave, footwear retail almost collapsed in Germany, but the recovery was faster than what was initially expected, and September was marked by optimism. However, a partial lockdown in the Autumn and not very good perspectives for Christmas are anticipating bad news for Germanic retailers, once again, and even before a full recovery has been achieved

Zalando: co-CEO Rubin Ritter resigns

Dec 14, 2020 / Germany
Rubin Ritter, co-CEO of the Germany-based online fashion company since 2010, will step down next year, leaving the leadership of the company on the hands of co-CEO's Robert Gentz and David Schneider. Ritter says he aims to back his wife’s career

Gallery with merged formats in 2021

Nov 20, 2020 / Germany
The Germany-held trade fairs have announced the dates for 2021 and confirmed the merged formats, which were successfully tried in 2020, will continue

adidas talks about strong recovery despite sales plunge

Nov 19, 2020 / Germany
The Germany-based sportswear giant said the third quarter was marked by a strong recovery of the business. In the period under analysis, revenue decreased by 3% in currency-neutral terms. In euro terms, revenue decreased by 7%

Zalando's revenue up by 21.6%

Nov 10, 2020 / Germany
Zalando has announced revenue increasing by 21.6% in the third quarter. Sales volume was up by 29.9%. The company considered this as a quarter of exceptionally strong and profitable growth
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