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Milan tops the global ranking of most expensive shopping destinations
Milan’s via Montenapoleone topped the ranking of the world’s most expensive retail destinations in 2024, according to Cushman & Wakefield’s 34th edition of the Main Streets Across the World report. It is the first time a European city tops the ranking, which comprises 138 retail locations worldwide. Montenapoleone is followed ...
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Cinq à Sept launches its first footwear collection
The New York-based ready-to-wear brand Cinq à Sept launched its first-ever footwear collection on Nov. 21. The collection is designed in New York and made in Brazil. It is available online at cinqasept.nyc, in-store at the Cinq à Sept New York City boutique and with premiere retailers worldwide. Cinq à ...
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ArticleRussia’s footwear imports are declining
During the first nine months of 2024, Russia imported 261.6 million pairs of shoes, 11.2 percent less than the previous year, according to the Russian Center for Prospective Technologies, a government agency monitoring the retail industry. In the third quarter of 2024, the agency stated that imports were 9.7 percent ...
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Leguano opens new stores
The German barefoot footwear specialist Leguano is revamping its retail network with the opening of new stores in Paderborn, in the North Rhine-Westphalia region of Germany, and in Kleve, in the Lower Rhine region. The outlet in Paderborn, which replaces the former barefoot store at Husener Straße 121, will ...
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Humanic to open a flagship store in Vienna
The Austrian footwear chain Humanic continues to expand its retail network with a new flagship store in Vienna, at Kärntner Straße 5, right next to Stephansplatz, one of the most sought-after retail locations in the city. The store is scheduled to open in the spring of 2025 and will ...
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Zappos reopens its outlet in Louisville
After two years, Zappos.com has reopened its original and only outlet store, The Outlet Powered by Zappos, in Louisville, Kentucky. The US online footwear retailer first opened the outlet in 2019 and then closed it at the end of 2022 as part of its effort to refocus its business. “Zappos ...
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Brand, price and sustainability are key drivers for German consumers
More than 60 percent of Germans own up to ten pairs of shoes, and nearly a fifth buy new shoes at least four times a year, placing a special importance on brand, price and sustainability, a survey from the trade magazine Schuhkurier and the Cologne-based market research and consulting institute ...
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ArticleRussian footwear retailers suffered a drop in traffic
The average consumer traffic in Russian footwear stores dropped by 10 percent during the summer months, Focus Technologies, a Moscow-based think tank, reported. Several factors are likely contributing to this trend, including the end of the rebound effect on the market following the turbulence in 2022 and growing competition, according ...
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ArticleNeroGiardini sets its sights on the Far East
After the opening of its first shop in South Korea in March 2023, NeroGiardini inaugurated a second store in the country in September 2024 as part of its strategy of expanding in the Far East. The new shop was opened in the Lotte Department Store Myeongdong Main Branch, in the ...
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Ochsner Shoes opens a redesigned flagship store in Zurich
The Swiss shoe retailer Ochsner Shoes has reopened its modernized flagship store on Zurich’s Bahnhofplatz, featuring open, light-filled spaces with natural wooden elements. Product display is enhanced by digital features such as screens and Bita Touch technology, which fit into the overall store concept, providing customers with additional information ...
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Leder & Schuh opens three new stores
The Austrian shoe retailer Leder & Schuh is continuing its expansion with the opening of three new stores. On Oct. 3, two Humanic shops were launched, one in the Eisenstadt shopping center in the Burgenland region of Austria and in the HEY! Steyr shopping center in Steyr, Upper Austria, ...
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ArticleDecline in retail space in Austria accelerates, with footwear among the worst hit
Austria is losing retail space at an increasing pace, with a decline observed over the last decade accelerating in the past two years, and the footwear retail sector is among the worst hit, a survey from market researcher RegioData showed. Companies are less inclined to expand, some are downsizing ...
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ArticlePajar Canada buys Cougar Shoes
The Canadian footwear group Pajar Canada bought its peer Cougar Shoes. No financial details were released, but Pajar described the acquisition as a “significant milestone.” Thanks to the takeover, Cougar shoes will be able to leverage the group’s “combined expertise to create unique products that resonate with both longstanding ...
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ArticleBirkenstock starts direct sales in South Korea
On Oct. 23, Birkenstock launched a country-specific e-commerce website for South Korea as part of its strategy to bolster its presence in Asia. The website, www.birkenstock.com/kr, lays “the foundation for further expansion in the dynamically growing country, which is home to 52 million people,” explained the footwear brand. From ...
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Bark and Crocs launch a shoe collection for dogs
Bark, a US omnichannel dog brand, announced on Oct. 23 the release of the “highly anticipated” Pet Crocs, a collection of shoes for dogs created in collaboration with Crocs. The shoes are available to subscribers of BarkBox, a monthly themed surprise of toys and treats, and Super Chewer, a monthly ...
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ArticleC-Suite interview: Xero Shoes looks to US wholesale, Europe for growth
Xero Shoes is looking to bolster its domestic wholesale business and leverage strong growth rates in Europe to underpin a new phase of expansion for the US barefoot footwear specialist founded 15 years ago. Dan Dougherty, EU managing director and the head of wholesale activities at Xero Shoes globally, tells ...
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Slovenian shoe retailer Mass Shoes expands to Austria
The Slovenian shoe retailer Mass Shoes is making its debut in the Austrian market with the first three stores set to open this autumn. The company plans to open 20 to 30 stores in the long term, according to Gerald Zimmermann, a former CCC manager now overseeing Mass Shoes’ ...
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ArticleGerman retailers voice concerns about increasing red tape
Faced with economic uncertainty, German retailers are calling for urgent reforms to alleviate the mounting bureaucratic hurdles that many say are crippling their businesses. According to a survey conducted by HDE, the German retail association, 89 percent of panelists reported being overwhelmed by excessive regulations, with a whopping 97 ...
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Shoe4You opens new stores
The Austrian shoe retailer Shoe4You is further expanding its footprint in Upper Austria with the opening of a new store in the Tumeltsham retail park, located in the district of Ried im Innkreis. This follows the opening of four stores in August in Wels, Schlüßlberg, Rohrbach and Bad Ischl. ...
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Schuhquadrat files for bankruptcy in Austria
Schuhquadrat GmbH, the successor of the Salamander and Delka footwear chains in Austria, has filed for bankruptcy, the creditor protection association KSV1870 announced. The insolvency proceedings were initiated following a creditor’s application, although no specific details about the company’s debt or the number of affected employees have been disclosed. ...
