Austria
More on acquisitions in the European footwear sector
The past two months have seen a number of transactions. The Italian shoemakers Dema and Asso have new owners. The Austrian retailer Leder & Schuh has acquired the brand rights of Delka
Austria and Germany continue to see a wave of insolvencies and closures
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
Coats Footwear collaborates with Lenzing
Coats' footwear division and the Austrian-based producer of cellulose-based speciality fibres have joined forces to create the footwear industry's first synthetic-free engineered uppers and fabrics
Leder & Schuh on growing mode
The Austrian-based footwear retailer posted a 25% increase in revenue in 2022, as compared to the previous year, and added that sales have continued to grow so far this year
Reno's Austrian branch also declared bankruptcy
After the shoe retailer Reno filed for bankruptcy in Germany at the end of March, the company's Austrian subsidiary, HR Group GesmbH, decided as well to file for bankruptcy
Lenzing: a circular economy requires more innovation and collaboration
We spoke with Florian Heubrandner, Vice President Global Textiles Business at Lenzing AG, and Birgit Schnetzlinger, Head of Functional Wear Segment, to better understand how sustainability helped the company become a global technology leader in fibres’ production and discuss a more sustainable future for the industry
Lenzing completes lyocell expansion project in Thailand
The leading supplier of wood-based speciality fibres has announced that it has completed its 400 million euros lyocell expansion project in Thailand, despite COVID-19 pandemic constraints
Lenzing CEO steps down
The Supervisory Board of Lenzing AG, a leading producer of wood-based cellulosic fibres, has come to a mutual agreement with its longstanding Chief Executive Officer Stefan Doboczky to end his contract
US: threat of new tariffs in response to digital taxes
The United States Trade Representative (USTR) is collecting public comments on the potential implementation of tariffs to a list of goods from 6 US trading partners. Tariffs can go up to 25%. Footwear is part of the lists for some trade partners
Leder & Schuh denies talks with CCC
Family-owned shoemaker Leder & Schuh Group denied a media report referring to talks with Polish retailer CCC about a possible takeover
Yves Morin, President of the UITIC, live on World Footwear
The 19th Congress of the UITIC - International Union of Shoe Industry Technicians will take place in Chennai from the 3rd to the 5th of February. Mr. Yves Morin is the President of the UITIC and CEO of the CTC Groupe
Leder & Schuh sells Shoe4You and Jello stores in Germany
The Kienast group, a Germany-based shoe retailer, is the buyer of the 54 Shoe4You and 2 Jello retail locations. The Austria-based sites aren’t part of the business
Karl Vögele sells Austrian stores
The Swiss-based shoe retailer is refocusing its business model by concentrating in its 300 stores in the domestic market. An agreement to sell its 70 stores in Austria to Germany-based investment company, Lafayette Industrieholding was reached-
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