World Footwear

Germany

Puma announces preliminary results for 2023

Jan 29, 2024 / Germany
The sportswear company highlighted the impact of the devaluation of the Argentine peso on its results, with currency-adjusted sales growth of 6.6% in 2023, as compared to the prior year

Owner of Athlete’s Foot acquires Lloyd Shoes

Jan 25, 2024 / Germany
The Swiss-based Arklyz Group has added another footwear brand to its portfolio by acquiring the German Lloyd Shoes from Ara Group, with all its operating subsidiaries

Birkenstock posts double-digit revenue growth

Jan 23, 2024 / Germany
The German footwear company reported a 20% increase in revenue for its fiscal 2023, as compared to the previous fiscal year, with growth across all regions and channels

New President of adidas North America has been announced

Jan 10, 2024 / Germany
adidas has announced John Miller’s return to the company as President of its North America division, effective immediately. He succeeds Rupert Campbell, who left three months ago

adidas appoints new Global Human Resources Head

Dec 21, 2023 / Germany
The German-based company has appointed Michelle Robertson as Executive Board member, responsible for Global Human Resources, People and Culture, effective from the 1st of January

Caprice acquires Peter Kaiser

Dec 21, 2023 / Germany
The Pirmasens-based footwear manufacturer Caprice has acquired Peter Kaiser, one of Europe’s oldest women’s shoe brands. The company was declared insolvent in 2020

German retailers expect weak Christmas sales

Dec 15, 2023 / Germany
German retailers are not expecting a boost from Christmas sales this year. As geopolitical concerns threaten to dampen consumer sentiment, weak demand continues to weigh on their businesses

Austria and Germany continue to see a wave of insolvencies and closures

Dec 12, 2023 / Germany
Richter Schuhe, Europe’s oldest children’s shoemaker, and fashion retail chain Aachener have filed for bankruptcy. Deichmann to close its My Shoes stores in Austria and Germany by the end of 2024

Premium ceases to exist, Seek continues

Dec 11, 2023 / Germany
The trade fair landscape in Berlin has changed, as Premium, which started in 2003, will no longer take place. Only its streetwear counterpart Seek will continue

Romika, Westland and Gerry Weber brands to be marketed under the Josef Seibel umbrella

Dec 7, 2023 / Germany
The German shoe manufacturer Josef Seibel has announced that it will consolidate and market the Romika, Westland and Gerry Weber brands under the company's name from the fall/winter 2024 season

Puma turns experimental sneakers into compost

Dec 1, 2023 / Germany
At the end of its two-year Re:Suede project, Puma has shown that an experimental version of its classic Suede sneaker can be turned into compost under certain tailored industrial conditions

Birkenstock names new managing director for Greater China

Nov 15, 2023 / Germany
The German-based company has appointed Tiffany Wu to the newly created position of Managing Director of Greater China. Her aim will be to strengthen the company’s presence in the region

Zalando lowers full year GMV and revenue guidance

Nov 7, 2023 / Germany
Despite confirming its 2023 profits guidance, the online retailer has lowered its GMV and revenue outlook revenue on the “expectation of continued pressure on demand for the rest of the year”

German industry association warns of new wave of insolvencies and closures

Nov 6, 2023 / Germany
The German Trade Association for Textiles, Footwear, and Leather Goods (BTE) recalled that repayment of state aid under the pandemic approach, increasing the pressure on an already struggling sector

Puma reports third quarter results

Oct 31, 2023 / Germany
The sportswear company reported a 6.0% currency adjusted growth in the third quarter of 2023, as compared to the same period of last year, and said it is on track to achieve its full year outlook
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