Russia’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.
Stanbee enters a distribution partnership in Indonesia
Stanbee, a US footwear components provider, has entered into a distribution partnership in Indonesia with PT Eco Mega Synergy.
Skechers to move to a new European distribution center in 2028
Skechers will relocate its European Distribution Center (EDC) operations to a larger and single-structure facility in Liège, Belgium, as it expands its business throughout the continent.
Russian 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 ...
Allbirds signs distribution agreements for Europe and Latin America
Allbirds has signed agreements with distributors in Europe and Latin America as part of the expansion of its international distributor model.
NeroGiardini 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.
Decline 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.
Pajar 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.”
Birkenstock 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.
C-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.