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Birkenstock

L Catterton vehicle buys Hammerson’s stake in Bicester Village owner

by Lionel Rogers
L Catterton vehicle buys Hammerson’s stake in Bicester Village owner

British property giant Hammerson has sold its stake in one of the world’s most important luxury retail operators — Value Retail, which owns Bicester Village among other locations. And the …

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Luxury, premium, and mass market brands adapt to Gen Z consumers

by Lionel Rogers
Luxury, premium, and mass market brands adapt to Gen Z consumers

In the fast-evolving world of fashion, Gen Z is proving to be a game-changer, compelling luxury, premium and mass market brands to rethink their marketing strategies, according to the latest …

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Golden Goose can’t risk a shabby $3 billion IPO

by Lionel Rogers
Golden Goose can’t risk a shabby  billion IPO

By Bloomberg Published May 31, 2024 Golden Goose Group SpA is seeking to list in Milan in an initial public offering that could value the maker of $500 distressed sneakers …

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Birkenstock boosts annual forecasts on full-price selling, firm demand

by Lionel Rogers
Birkenstock boosts annual forecasts on full-price selling, firm demand

By Reuters Published May 31, 2024 Birkenstock raised its annual revenue and core profit forecasts on Thursday, betting on full-price selling and strong demand for its cork-based sandals and newer …

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Nordstrom’s reaffirmed annual forecasts overshadow quarterly revenue beat

by David Johnson
Nordstrom’s reaffirmed annual forecasts overshadow quarterly revenue beat

Nordstrom on Thursday warned of an uncertain economy and said consumers were resilient but selective, after the department store owner merely maintained its annual forecasts for sales and profit. Nordstrom …

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Birkenstock reinforces production in Portugal and prepares to open a boutique in Paris

by Lionel Rogers
Birkenstock reinforces production in Portugal and prepares to open a boutique in Paris

Translated by Roberta HERRERA Published May 27, 2024 The German footwear brand Birkenstock is bolstering its production capabilities with a 15 million euro investment in Arouca, northern Portugal, to establish …

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Wethenew acquires assets from bankrupt competitor Kikikickz

by Lionel Rogers
Wethenew acquires assets from bankrupt competitor Kikikickz

While its main competitor in France, Kikikickz, went bankrupt at the end of 2023, the Wethenew platform, which was built around the resale of exceptional trainer models, is taking over …

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could troubled Dr Martens be taken over as potential buyers circle?

by Lionel Rogers
could troubled Dr Martens be taken over as potential buyers circle?

Dr Martens is heavily focused on its recovery, but that turnaround may not happen under its current ownership structure with a report saying it’s being eyed for a takeover by …

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Allbirds inks new distribution deals for Southeast Asia, Gulf region

by David Johnson
Allbirds inks new distribution deals for Southeast Asia, Gulf region

Allbirds Inc. announced it has signed definitive agreements with distributors in the Gulf Countries and Southeast Asia, as the U.S. footwear firm shifts from direct go-to-market to third-party distribution in the …

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Birkenstock tops estimates as demand stays hot for sandals

by David Johnson
Birkenstock tops estimates as demand stays hot for sandals

Birkenstock Holding Plc reported earnings that beat estimates as consumers continue to snap up its high-end sandals and clogs while some other casual footwear makers struggle. Birkenstock The company reported …

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