Germany
Puma launches efficiency programme after profit miss
After reporting a full year net income below the previous year’s level and below expectations, the German-based sportswear company has launched a cost-efficiency programme
Barefoot European Shoe Fair to be launched this year
The first edition of the Barefoot European Shoe Fair will take place from the 31st of July to the 3rd of August, in the halls of Messe Offenbach, in cooperation with HDS/L. 60 exhibitors are expected to attend
Görtz declares new insolvency
The long-troubled German footwear retailer has filed for insolvency once again, after its previous insolvency proceedings ended in July 2023
adidas closes 2024 with strong figures
The German-based company has reported strong preliminary figures for the fourth quarter and full year 2024. Shortly afterwards, news of job cuts as part of a restructuring of its headquarters began to appear in the media
Zalando raises profitability guidance after better-than-expected fourth quarter
The Germany-based online multi-brand retailer has raised its profitability forecast for the fiscal year 2024, following a better-than-expected fourth quarter, driven by strong customer growth
Germany Retail: cautious optimist prevails as the year begins
There are no fireworks in the German retail sector. Overall sales are stable, with e-commerce standing out, inflation is on target, and consumer confidence, which remains negative, has risen slightly. However, retailers have experienced a rollercoaster of emotions throughout 2024, and the only certainty at the start of the year is cautious optimism. Political turmoil, economic difficulties and geopolitical conflicts could just as easily lead to a turbulent year for retail
Lloyd unveils new brand identity
After changing its name from Lloyd Shoes to Lloyd Lifestyle following its acquisition by Swiss company Arklyz last year, the German footwear company has unveiled its new brand identity
Strong full year 2024 for Birkenstock
The German-based company has reported a strong set of results for its fiscal year 2024, driven by strong consumer demand across all regions and a focus on a solid financial position
German firms face geopolitical and regulatory risks
A recent survey by German trade associations highlights geopolitical conflicts as the main supply chain threat, while compliance with new regulations adds costs and bureaucratic hurdles
Puma launches new creative hub in Germany
The new Studio48 at Puma's headquarters offers designers advanced tools, 3D printing and collaborative spaces to drive innovation in performance and products while enhancing global partnerships
Zalando to acquire fashion rival About You
The German company will make a voluntary public takeover offer to acquire up to 100% of the share capital of About You. The deal will allow it to capture a larger share of the European fashion and lifestyle e-commerce market
Retail Flash: insights from key footwear markets
Explore the main retail trends in France, Germany, Japan, the UK, the US and Spain from our Retail Flash reports, highlighting a mix of recovery, persistent challenges and cautious optimism in global markets. In particular, while France and Germany continue to struggle, the US and Spain show signs of retail optimism
Growth in both B2C and B2B vectors confirms strong third quarter for Zalando
The German multi-brand online retailer has reported growth in both the B2C and B2B vectors, confirming the strong performance previously reported for the third quarter of the year
German consumer sentiment shows signs of improvement
German consumer sentiment rose more than expected in November despite high prices and a difficult labour market, according to GfK and the Nuremberg Institute for Market Decisions (NIM)
adidas reports nine month revenue growth
The German-based sportswear company has raised its guidance for 2024 and now expects 1.2 billion euros in operating profit, driven by sales momentum and disciplined cost management-
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