Your Daily Digest of Global Stories
In the third quarter of the financial year, which ended on June 30, Birkenstock achieved sales of EUR 565 million. This is an increase of 19% over the previous year. There was double-digit growth in all regions of the world. Birkenstock achieved 15% more sales in the Americas, 19% in Europe and 41% in the…
According to Destatis, the inflation rate, measured as the change in the consumer price index compared to the same month last year, will be +1.9% in August 2024. Prices are expected to fall by 0.1% compared to the previous month. If these figures are finally confirmed, this would be the lowest inflation rate since March…
The Laux shoe store in Landau (large picture above) wins a year of mobility in a Lurchi Mini. The uniquely designed car, a Mini “John Cooper Works”, is in the colors of the children’s figure and features typical Lurchi symbols. Retailer Heike Laux is delighted with the vehicle: “I can hardly believe that I have…
The Shoes from Spain campaign is part of the Spanish shoe industry association FICE and organizes joint stands at international shoe and fashion fairs. According to Shoes from Spain, 75.4 million pairs of shoes worth 1.453 billion euros were exported from Spain between January and May 2024. Compared to the same period in 2023, this…
Sales in the manufacturing industry in the production of leather and leather goods (excluding leather clothing) collapsed in the first half of 2024. This was announced by the Federal Association of the Shoe and Leather Goods Industry HDS/L in the run-up to the ILM leather goods fair in Offenbach. According to this, total sales from…
As the company’s provisional insolvency administrator, Holger Rhode, announced on August 29, the last day of sales in most stores will be next Saturday. Around five stores may remain open beyond this to sell remaining stock.According to Rhode, the employees were informed of the plan on Tuesday of this week. Most of them will receive…
Concern in industry Shoe manufacturers, meanwhile, are concerned about the events in Hamburg. The representative of a lifestyle brand describes the development at Görtz as “very mysterious”, not least because, according to the company, no one can be reached by phone. The brand said it withdrew from the collaboration six months after Görtz was taken…
Bazna also sees a need for weatherproof everyday shoes, particularly because of the forest kindergarten trend: “For forest kindergartens and forest walks, shoes with high shafts are in demand. But they also work well as normal autumn shoes.” Philipp Penschek’s customers like to see robust shoes from children’s shoe suppliers as an alternative when the…
After the company had to accept a sales decline of 2.8% (-1.8% on a comparable basis) in the first quarter, Foot Locker was able to present an increase of 1.9% (+2.6% on a comparable basis) for the second quarter, which ended on August 3. The company sees this as confirmation that the “Lace Up Plan”…
Breuninger’s 13 locations are located in Stuttgart, Düsseldorf and Leipzig, among other places. According to “Wirtschaftswoche”, the owner family is planning to sell both the department stores and the real estate. The sales process has been underway since June. According to reports, there are already 31 interested parties. As Wirtschaftswoche has determined, the real estate…
