World Footwear

Germany

Puma’s sales and profitability rebound in the third quarter

Nov 2, 2020 / Germany
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

Oct 29, 2020 / Germany
Fashionnetwork is reporting, based on an article by German Manager Magazin, that adidas is planning to sell its Reebok division

Zalando raises 2020 full year outlook

Oct 19, 2020 / Germany
One of the leading online platforms for fashion and lifestyle has raised its outlook for the 2020 financial year after registering exceptionally strong and profitable growth in the third quarter

Kering sells 5.9% stake in Puma

Oct 8, 2020 / Germany
The French luxury group announced the launch of the sell-down of approximately 8.8 million shares that it owns in Puma SE, representing approximately 5.9% of the share capital of the sportswear brand

June Ambrose joining Puma as Creative Director

Oct 7, 2020 / Germany
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

Oct 7, 2020 / Germany
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

Puma appoints Johan Kuhlo as General Manager EEMEA Distribution

Oct 1, 2020 / Germany
Johan Kuhlo is currently Head of Corporate Strategy and Investor Relations and will become General Manager EEMEA Distribution with immediate effect. Kuhlo will be based in PUMA’s regional hub in Salzburg and report directly to Arne Freundt, General Manager EMEA

Zalando ads pre-owned trade to its platform

Sep 28, 2020 / Germany
Customers can now shop and trade in pre-owned, or second-hand, fashion directly on the Zalando platform. The new service is being launched in a reduced number of markets for now. If successful it can be expanded to other countries

Peter Kaiser files for insolvency

Sep 23, 2020 / Germany
Peter Kaiser Schuhfabrik has filed for insolvency in Pirmasens (Germany). The protective procedure will allow the company to continue trading while it restructures

Gallery exceeds expectations

Sep 4, 2020 / Germany
A much higher frequency than expected at Germany’s first fashion tradeshow of the season in Düsseldorf has been reported by the organisers of Gallery

September's ILM is cancelled

Sep 3, 2020 / Germany
The trade fair due to take place from the 5th to the 7th of September has been cancelled. The city of Offenbach has withdrawn the permission from Messe Offenbach GmbH for the ILM due to the development of the COVID-19 situation in the region

adidas nearly doubles e-commerce sales

Aug 13, 2020 / Germany
The second quarter was marked by revenue down by 34%, as a result of the COVID-19 pandemic and the very large number of store closures. At the same time, the company experienced exceptional growth in online sales

US remains by far the world’s largest importer of footwear

Premium ContentAug 11, 2020 / World Footwear Yearbook
This is one of the conclusions of the World Footwear 2020 Yearbook, recently published by APICCAPS and containing a deep analysis of the footwear industry in 2019. The publication also contains Country Profiles for 84 markets

Changes at adidas Supervisory Board

Aug 10, 2020 / Germany
Thomas Rabe is the new Chairman of the Supervisory Board – Igor Landau’s term of office ends after 16 years – and Christian Klein was newly elected to the Supervisory Board

Kasper Rorsted confirmed as CEO of adidas for more 5 years

Aug 6, 2020 / Germany
The Supervisory Board of adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until the 31st of July 2026. Kasper Rorsted has been a member of the adidas Executive Board and the company's CEO since 2016
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