Brazilian shoemakers hope Trump will help boost their sales to the US
As Donald Trump is sworn in as the 47th President of the US on Jan. 20, Brazilian shoemakers hope to benefit from a possible reduction in shipments of Chinese footwear to the world’s largest market in value in the wake of higher import duties.
Asos to mothball US distribution center at cost of £190m
Asos is mothballing its Atlanta distribution center at a cost of £190 million (€226m). The British online fashion retailer said that the bulk of US orders will now be managed by its UK fulfillment center in Barnsley from the second half of the 2025 fiscal year, supported by a “smaller, ...
Genesco sees next wave of Journeys growth fueled by store remodels
Genesco expects store remodels underway at Journeys since October will fuel the next wave of growth at the division, where comparable sales jumped by 14 percent in the first eight weeks of the fourth quarter of its 2025 fiscal year.
Boot Barn sees growth underpinned by store openings
Boot Barn expects sales growth to continue to be underpinned by store openings, as it approaches the halfway mark of a goal to have 900 stores operating in the US in the next four or five years.
Geox plans to raise €60m to finance its business plan
Geox announced a refinancing program that includes €60 million in fresh capital to finance its business plan spanning from 2025 to 2029.
How Murcia’s shoemakers are exiting the 2024 jubilee year and preparing for 2025
After celebrating in 2024 the jubilee of Caravaca de la Cruz, the fifth holiest city of Catholic Christianity with Rome, Jerusalem, Santiago de Compostela and Camaleño, Calzia, a consortium of shoemakers located in Spain’s southeastern region of Murcia, is focusing on its next challenges. These include managing a slowdown in ...
Surveys paint a bleak picture of Germany’s holiday season sales
The shopping period leading up to the holiday season has brought more disappointment than cheer for both Germany’s online retailers and brick-and-mortar stores.
Emerging designer: CB Made in Italy seeks slow and steady growth
While their store in Via Santo Spirito in Florence may just be a mere 40 square metres (430 square feet), CB Made in Italy is brimming with ideas and plans for the future.
Otto Group changes legal status
The German mail order company Otto, owner of the Freemans, About You, Bonprix and Evri businesses, among others, is preparing to change its legal form and streamline its corporate structure as a generational handover gets underway.
German companies face unprecedented supply chain challenges
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China.