Germany
Zalando forecasts accelerated growth for 2025
After a strong performance in 2024, driven by both business-to-consumer (B2C) and business-to-business (B2B) growth vectors, the German multi-brand online company foresees continued growth in 2025
Puma issues downbeat outlook for 2025
The German sportswear company has posted solid sales growth on a currency-adjusted basis and improved our gross profit margin in 2024. However, this is not enough to offset a pessimistic outlook for 2025
Görtz layoffs 93 employees
The German shoe retailer has announced 93 redundancies after the Federal Employment Agency rejected its application for pre-financing of insolvency benefits, affecting around 400 employees
Zalando and Diane von Furstenberg announce exclusive partnership
The Germany-based online multi-brand retailer has become the exclusive retail partner for the Belgian fashion designer Diane von Furstenberg (DVF) in Europe
Birkenstock posts a 19% revenue growth in the first quarter
The German-based company has reported a first quarter revenue growth of 19% year-on-year on a reported and constant currency basis, driven by strong holiday demand across all segments, channels and categories
Retail Flash: insights from key footwear markets
Explore the main retail trends in France, Germany, Japan, the Netherlands, the UK, the US and Spain from our Retail Flash reports, highlighting volatility in 2024 and mixed consumer and retailer sentiment. In particular, new tariffs on key trading partners could put pressure on US footwear prices, Germany’s online sector continues to expand and Japan faces rising inflation
Mytheresa to be renamed LuxExperience
The luxury e-commerce platform Mytheresa will be rebranded as LuxExperience following the proposed acquisition of Yoox Net-a-Porter (YNAP) from Richemont
2024 will not significantly change the landscape of the world’s top footwear exporters
We have looked back at the data available so far on the performance of some of the world’s top footwear exporters in 2024. Unsurprisingly, Asian countries continue to dominate, but China has slowed. In Europe, we highlight the performance of Spain with consistent growth in value and volume of exports
Germany’s shoe industry navigates market changes
German footwear imports dropped, with Vietnam overtaking China as the leading supplier. Higher wages, inflation and political uncertainty add to the challenges shaping the industry’s outlook for 2025
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-
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