Your Daily Digest of Global Stories
The German shoe market recorded a slight decline in 2024: with total sales of EUR 11.62 billion, the proceeds were 0.8 % below the previous year. Inflation -adjusted, the minus is even stronger. The main -lasting person was inpatient specialist retailers with a decline in sales of 1.5 %, while online trading was able to…
According to the Creditreform Debitor register, the average payment term was 31.46 days, two years ago it was 29.93 days. Large companies in particular were able to implement longer deadlines, while smaller companies tended to receive shorter payment terms. Despite this development, the volume and the duration of open demands decreased. Overdue invoices were paid…
On November 4, the BTE Congress “Fashion Emotion 4.0: Future-oriented success concepts of the fashion trade-local and digital” will take place in the Cologne MediaPark. Now both the program and the lecturers have been determined. The contribution program of the BTE congress was first appeared on Schuhkurier. Source link
According to critics, the “Oaxaca Slip On”, designed together with US designer Willy Chavarria, is strongly reminiscent of the traditional Huarache sandals from the Mexican state of Oaxaca. Local craftsmen were neither involved nor asked for approval that the product in China is manufactured. Representatives of the Mexican government accuse the company of marketing cultural…
At the beginning of September, the sneaker manufacturer Ecoalf starts a new Athleisure line with the Ecoalf Sports Capsule Collection. Under the motto “One Body, One Planet”, Ecoalf offers light, breathable pieces made of recycled polyamide and cotton. The collection includes the Watts Bra, the Mott Jacket, the Perry Shorts and the Columbia Hoodie. The…
The department store group Galeria moves its headquarters from Essen to Düsseldorf. The move takes place on September 1st. The contribution Galeria headquarters first moved to Schuhkurier. Source link
The Salzburg event platform Salt strengthens its role as a meeting point for high-quality fashion and lifestyle products with manufacturer. The focus is on individuality, quality and a smooth process for exhibitors: inside and visitors: inside. The concept, initiated by Hubert Stolzlechner (Stolz Agency) and Petra Kogler (Gusswerk Salzburg), offers clothing, accessories and shoes beyond…
The result was at the top of its own forecast, but 23.1 % below the previous year’s value. The main reasons were planned branch closures in the USA and the switch to a distributor model in several international markets. The gross margin fell by 9.8 percentage points to 40.7 %per year. The bottom line was…
According to preliminary information from the Federal Statistical Office (Destatis), the number of regular insolvencies in Germany requested rose by 19.2 % in July 2025 compared to the same month last year. This has been the highest growth rate since October 2024 (+22.9 %). The results must be taken into account that the applications only…
The opinion research institute YouGov carried out a representative survey on behalf of the German Press Agency (dpa) and asked 2,006 people as to whether they would like more Sundays. Accordingly, 34 % of those surveyed supported an expansion of Sundays that were open to the sales, 59 % answered no. Two thirds of the…
