Germany
Ara Portugal celebrates 46 years
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
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
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
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
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
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%
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
Imports of footwear with a dark picture in the first semester
The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country
Premium Group cancels Berlin trade shows in January
Premium, Seek and Fashiontech will not take place in January. The Premium Group wants to focus on Frankfurt Fashion Week scheduled for July, as announced in a statement by Managing Partner Anita Tillmann
Puma’s sales and profitability rebound in the third quarter
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic
adidas set to sell Reebok
Fashionnetwork is reporting, based on an article by German Manager Magazin, that adidas is planning to sell its Reebok division
June Ambrose joining Puma as Creative Director
The global sports company announced a new partnership with Creative Director and Iconic Image Maker, June Ambrose. June will help Puma redefine what it means to be stylish in sport making use of her 25+ years of experience creating culture defining moments
New Executive Board Member for adidas Global Human Resources area
Amanda Rajkumar (48) has been appointed to the adidas Executive Board. Beginning of 2021 she will join the then six-member Executive Board of the sporting goods company as Executive Board Member responsible for Global Human Resources-
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