All Shoe Intelligence articles in Volume 26, Issue 15+16 – Page 4
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ArticlePölking ends insolvency proceedings
The German shoe wholesaler Pölking has completed its insolvency proceedings after 14 months of self-administration. The proceedings were lifted by the Osnabrück District Court after creditors in early May approved the company’s insolvency plan. As part of the reorganization, Pölking acquired four stores of its sister company Lemax ...
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News briefs
ANWR Schuh hires a new management team
ANWR Schuh, the footwear business of the German buying group ANWR, has appointed a new management team. Effective Sept.1, Astrid Heinze and Patrick Gottesleben will take over the management of the Mainhausen-based company, initially alongside co-managing director Helmut Wies until his retirement next year. Heinze will be responsible ...
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News briefs
Birkenstock opens its 6th store in the US
Birkenstock opened its sixth company-managed store in the US in Austin, Texas. Located at 1007 South Congress Avenue, the store of the German footwear brand offers the services Bopis (buy online, pick up in store) and Boris (buy online, return in store).
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News briefs
Deckers plans a 6-for-1 share split
Deckers Brands’ board of directors has approved a six-for-one forward stock split. The US footwear company intends to seek shareholder clearance for the amendment at its upcoming annual meeting of stockholders, to be held on Sept. 9, 2024. Subject to final approval by the New York Stock Exchange, trading ...
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ArticleBirkenstock hires a managing director for Southeast Asia, Australia
Birkenstock appointed Evelyn Chua as managing director for Southeast Asia and ”Down Under”, effective July 1. In the newly created position, Chua will be based at the German shoemaker’s regional headquarters in Singapore, which covers Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, Australia, and New Zealand. She reports to Klaus ...
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News briefs
Dr. Martens trading in line with expectations
Dr. Martens said that trading since the start of its financial year has been in line with expectations and that its guidance for the full year remains unchanged. The fiscal year of the British footwear brand ends on March 31, 2025. “As always, Q1 is the smallest period of our ...
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News briefs
Tamaris wins twice at the German Brand Award
Tamaris, a brand of the German footwear manufacturer and distributor Wortmann Group, has won in two categories at the German Brand Award, which were presented in Berlin. The Detmold-based company won the Gold prize in the category “Excellent Brands - Fashion,” the highest award for excellence in brand management, ...
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News briefs
Axel Arigato appoints Jens Werner as new creative director
The Swedish footwear and fashion brand Axel Arigato has named Jens Werner as its new creative director. Werner, who joined the company in 2021 as head of ready-to-wear, succeeds Max Svärdh, who co-founded the brand with Albin Johansson in 2014. Svärdh will remain a board member and co-owner of ...
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ArticleArgentina focuses on high-end products for the European market
With its 130 million pairs of shoes produced annually, Argentina ranks third among producing countries in the Americas after Brazil, with 849 million pairs, and Mexico, 205 million pairs, according to data released by the Argentine footwear association Cámara de la Industria del Calzado (CIC), as well as its Portuguese ...
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News briefs
ECC expands its management team
The European Clearing Center (ECC), which acts as a platform for electronic data exchange between producers and retailers in the footwear and fashion sector, is strengthening its management team. Effective from July 1, Thorsten Fritsch took on the new position of Chief Information Officer (CIO). The 39-year-old manager, ...
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ArticleThailand’s Central Group takes over the rest of KaDeWe Group
The Thai conglomerate Central Group has taken full control of bankrupt German department store KaDeWe, signing a contract for the takeover of its business operations after obtaining clearance from the insolvency administrator. The financial terms of the deal were not disclosed. In April this year, the Central Group bought ...
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ArticleC-Suite interview: SJ hires a designer to build up its brand identity and starts rolling out its retail concept
SJ, the brand launched simultaneously in Europe and Asia by the Belgian footwear group Cortina in January, has hired an external consultant, Germain Thomine, to help develop its product range and fine tune its image. Meanwhile, SJ is honing its retailing skills in Asia thanks to the opening of points ...
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News briefs
Mulberry names a new CEO
The British leather goods company Mulberry said that Andrea Baldo has been appointed as Chief Executive Officer replacing Thierry Andretta who is stepping down from the board and leaving the company with immediate effect. Baldo has over 20 years’ experience leading brands in the fashion industry. In his most recent ...
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ArticleMunz Group launches the multibrand chain Salamander Store in Russia
Munz Group has launched a new multibrand network of footwear stores called Salamander Store, with a target of 50 doors by the end of the year. Each outlet will hold 1,400 items, not only footwear but also clothing, accessories and even skin care cosmetics. The product range will include leading ...
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ArticleRussian fashion imports from China are resilient despite sanction pressure
Leading Russian marketplaces have been complaining about difficulties importing goods from China as banks of the Asian powerhouse increasingly scrutinize transactions involving Russian businesses. However, footwear imports are yet to be affected by the issue. Russian marketplaces and foreign resellers working on the online platforms have been encountering problems in ...
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ArticleAmerican Exchange Group buys Island Surf Company
American Exchange Group has bought Island Surf Company, a nautically inspired shoe brand founded in 2008. It will become a division of the White Mountain Footwear, benefitting from the brand’s existing infrastructure, sourcing expertise and retail partnerships. “We see tremendous potential with the acquisition of Island Surf Company,” said American ...
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News briefs
German government presents a stimulus package
The German government presented a stimulus plan aiming to lift gross domestic product (GDP) growth by 0.5 percentage points in 2025, according to the economy minister, Robert Habeck. The package contains nearly 50 measures for households and companies and aims to generate €26 billion in additional economic activity. This year, ...
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News briefs
Chupps appoints Khairav Duggal as CEO
Chupps, an Indian direct-to-consumer footwear brand, has appointed Khairav Duggal as its Chief Executive Officer. “We are delighted to welcome Khairav to the Chupps family. His proven track record in driving category growth and profitability, coupled with his deep understanding of the e-commerce landscape, aligns perfectly with our ambitions,” said ...
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ArticleSabu doubles its 2023 profits
Sabu doubled its earnings in 2023, a year which proved to be one of the best ever for many of the companies part of the German shoe retail cooperative, as the Heilbronn-based firm continued on its recovery path after the Covid-19 pandemic thanks to a further rebound in sales. ...
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ArticleC-Suite interview: Lack of personnel is a global issue for the footwear industry
Over the past 18 months, the management of Expo Riva Schuh & Gardabags has visited the main footwear manufacturing countries of the world, as well as key consumer markets, as part of its efforts to promote the trade show and bolster its international reach. In an interview with Shoe Intelligence, ...
