Leder & Schuh reports moderate growth in 2024

The Austrian footwear retailer reported a moderate year-on-year sales growth of 1.1% in 2024. This was driven by store expansion, a new private label launch, and product range optimisation
In 2024, Leder & Schuh saw its sales increase by 1.1% year-on-year to 371 million euros, while the gross profit increased to 153.2 million euros. Although modest, these results confirm a positive trend seen in the previous three years after the pandemic decline.
The footwear retailer recorded 367 million euros in sales in 2023, more than the 351 million euros it made in 2022 and the 280 million euros it made in 2021. Gross profit rose to 152.3 million euros in 2023, up from 147.5 million euros in 2022 and 117.5 million euros in 2021, with the gross profit margin remaining steady.
Founded in 1872, Leder & Schuh operates a network of 210 stores across nine countries (Austria, Bulgaria, Germany, Croatia, Romania, Slovakia, Slovenia, the Czech Republic and Hungary), supported by its two subsidiaries, Humanic and Shoe4You.
In 2024, Humanic opened new stores in several Austrian locations, including Eisenstadt, Leoben, Steyr, and Amstetten. New stores were also opened in Žilina (Slovakia), Budweis, and Karlovy Vary (Czech Republic), among others. Shoe4You also expanded its Austrian presence, opening stores in Wiener Neustadt, St. Veit an der Glan, Oberwart, and Leibnitz, for example.
Another notable development is the company’s new Delka collection, a line of comfortable shoes designed for women and offered exclusively in brick-and-mortar stores and online as part of an omnichannel strategy adopted by its two subsidiaries. The launch of this private label became possible following Leder & Schuh’s acquisition of the Delka trademark rights from Ara in December 2023 for an undisclosed sum.
Last year, the Austrian footwear retailer also ramped up its investment in digital services, launching new apps for Humanic and Shoe4You. These apps offer mobile shopping features, customer loyalty programmes and personalised services, strengthening cross-channel customer engagement.
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