Spanish sneaker brand HOFF had big news Thursday with the appointment of a creative chief for the first time along with a major brand relaunch and a campaign starring Alexa Chung.
HOFF
The eight-year-old company (founded and still run by Fran Marchena) has been seeing strong growth in recent periods and 2025 is proving no different. But it’s now entering a new chapter with a “pivot into a truly design-led fashion-forward positioning”.
And it’s aiming to achieve that status with the appointment of David Tourniaire-Beauciel to its creative helm as head of design.
It said that “few designers have shifted the sneaker landscape as decisively as Tourniaire-Beauciel. From early roles at Chloé and Jean Paul Gaultier to cult-defining work at Maison Martin Margiela, Givenchy, Ferragamo, and Balenciaga (where he created the Triple S and pioneered the sock-sneaker hybrid) – his career has been a series of bold statements grounded in craft and experimentation. He is widely credited with accelerating the maximalist sneaker movement that reshaped global culture”.
In a sneaker market dominated by some massive global names, it’s a big appointment and a bold ambition for a company that has scaled from a small Spanish start-up but whose turnover remains below €100 million for now (although ongoing high double-digits growth should soon change that).
Alexa Chung for HOFF
The company currently has over 30 stores and 1,200 wholesale partners, attracted by its formula that blends Spanish craftsmanship with contemporary, design-driven sneakers. It’s opening new stores too with a second UK location (after London’s Regent Street) due in Covent Garden, more stores in key countries and a recent move into the US.
Of its new design chief, it said the “new era builds on the dual fluency: Marchena’s growth-driven, community-anchored business model meets Tourniaire-Beauciel’s couture-coded, sculptural design ethos. The return is a purpose-driven sneaker brand that fuses Spain’s shoemaking heritage with a bold, contemporary fashion lens. More than product, it signals transformation – Hoff’s evolution into a global design powerhouse where shoes are not just functional, but cultural objects”.
View from the top
Fran Marchena – Hoff
Ahead of the announcement, FashionNetwork.com spoke to the dynamic duo of Marchena and Tourniaire-Beauciel to find out more about the thinking behind its plans and the leadership team’s new vision. First, Marchena.
FashionNetwork.com: Can you explain the thinking behind the changes happening at Hoff and the new appointment?
Fran Marchena: For the past two years, we’ve been working on a strategic plan through 2028 built around three main pillars: brand elevation, from local to global, and community. Among them, brand elevation is probably the most crucial. I believe HOFF had completed a first stage marked by very fast growth, an intense distribution strategy, and a solid market fit between our product and our audience. Now it’s time to begin a new chapter — one that continues to be design-driven but ready to reach the next level. Fortunately, the brand is now well-positioned, being present in some of the best retailers in the world. The arrival of David marks another step forward in that strategic pillar of brand elevation, helping us move toward this new stage.
FNW: Where is the company at as we speak? How big is it overall.
FM: Right now, the company is generating around €70 million in revenue, and we expect to close our fiscal year in April at around €80 million. Around 90% of our business is currently in Europe. We’ve just started in the US with a local partner to open key strategic accounts, which we expect will bring results soon.
Within Europe, our five main markets are Spain, Germany, Benelux, France, and the UK. Performance across wholesale and online is quite balanced, while Spain still leads in retail, representing around 75% of total retail sales thanks to our store network.
FNW: And where do most of your sales come from?
FM: At the moment, wholesale represents 45% of our business, retail 35%, and online 20%. What’s most relevant here is the evolution of the brand: two years ago, wholesale represented 60%. This shift reinforces our strategic move towards strengthening our direct-to-consumer channels through retail expansion. This year alone, we opened our first flagship store in Madrid — over 600 sq m — followed by openings in London, Amsterdam, and Mexico City. We’re also looking at Paris and Milan for the near future.
The brand is going through a very exciting moment, with several important announcements coming up — among them, of course, the arrival of David Tourniaire-Beauciel, which marks one of the most significant milestones for HOFF so far. We’re now a team of over 300 people, with more than 80 based at our headquarters, and we’re completing a 360º transformation of the company. Over the past months, we’ve built a first-class executive team and are fully focused on turning HOFF into a globally relevant sneaker brand.
FNW: You’re opening a second UK store, how important is that market to you?
FM: It is growing very fast. In the UK specifically, our Regent Street store is performing extremely well, with like-for-like growth above 70% year-on-year, and our online business already accounts for over 20% of total UK sales. We’re also thrilled to launch with Browns this Spring/Summer season — a milestone that will further strengthen our positioning in the UK market. And of course, having Alexa Chung as the face of our campaign for David Tourniaire-Beauciel’s ‘SEVEN’ model will help us take brand awareness to the next level.
The creative’s view
David Tourniaire-Beauciel – HOFF
FNW: So David, what appealed to you about HOFF?
David Tourniaire-Beauciel: Before starting to collaborate with HOFF, I knew the brand, but for me, it was perceived a little bit as a ‘follower’ brand — in the trend, but not. So the first collaboration I had with HOFF and Fran I was supposed to bring a little bit of newness in the construction of the collection. I had a great time. I found the energy of the brand super-fresh, very young.
FNW: It must have been a change from some of the luxury and storied brands you’ve worked with?
DTB: For me, it was very interesting not to be obliged to go in the archives, because the brand is super-new, super-young. It’s a new approach. I need to to build from almost zero. I can’t jump in the archives. I find this challenge very interesting and I thank Fran also to give me this opportunity to work with him in order to build the brand, not just around the product, but also in terms of image and direction.
Alexa Chung for HOFF
FNW: So is it literally going back to the drawing board?
DTB: There are so many designers because of ego when they arrive — boom, they kill everything done before. I prefer to understand what is the DNA of the brand, what is good, and where they are strong at the moment. And I try to capitalise on this. I don’t want to to to destroy what is good. Then I try to analyse, with Fran [and] with everybody. What are the weaknesses? What are the possibilities? And then I bring my experience, and I start to get deeper into the project. It’s to bring an evolution before a revolution. We need to connect, slowly but surely much more to the trend, to be on top of the trend, and to be more ahead, not followers. [But] what I want is when I when someone is looking at HOFF shoes, they know it’s a HOFF shoe, because I respected the DNA.
FNW: You sound like you want to take a collaborative approach?
DTB: I want to respect the DNA but to add my experience and my knowledge. [The team] will help me, because they bring me freshness, energy, newness and possibility to do everything. But I need also to bring them my my knowledge, my experience and my connection with fashion. The idea is to create a win-win situation.
FNW: Will the extra trend element mean HOFF also becomes more expensive, more exclusive, more ‘fashion’?
DTB: I like the democratic positioning of the brand. I really appreciate that the idea is to bring also design to a lower price position, because for me, it’s important not to be always in the €1,000 sneaker proposal. I also want to work on this more democratic price position. It’s very important.
I want to respect that, and it’s part of my job to connect all these points together. You will see a new interpretation of the shoe. Of course, it will be a little bit different, [but] a smooth evolution. So basically, more trend. There is this flat sneaker trend at the moment so it’s perfect for us. We need to swim in this world.
FNW: What other trends will you be tapping into?
DTB: What I like also is the comeback to ‘small feet’. For a few years — [Balenciaga] Triple S is a perfect example — it was the ‘big foot’ and now we are back with the more refined and elegant sneaker. And I really love that with Hoff. I want to take the technical element from sport and to mix [it] with more refined and elegant material and lines.
HOFF
FNW: Hoff isn’t known as a ‘sport’ brand, is that something that will change?
DTB: It’s an urban brand — we use the sports element, but we are not a performance brand. We need to bring sport in terms of techniques. The techniques need to help the design. Working with technical material can help [shoes] to be more comfy when you work all day.
FNW: Earlier you mentioned Hoff’s weaknesses and strengths, what would you say they are?
DTB: Maybe to be afraid to propose newness. Sometimes, you need to say, Okay, if you want to be in front of the of the trend, you need to have the courage to say ‘it’s new. I can’t compare it with anyone else, because it’s completely new’.
But the brand is very young. They made a super-big success in a very few years. The brand is fresh, new. Fran is very energetic too. [And] there is also this link with Spain. I love this place. I love the sun, the sky, the energy of this country. [Hoff’s] strength is to be super-serious in the business. They are super-rational, not crazy, like fashionistas!
NYC-based footwear brand Koio is relaunching The Primo, the high-top sneaker that debuted the brand in 2015, in a limited-edition collaboration with leatherworker and YouTube creator Rose Anvil for its tenth anniversary.
Koio relaunches the Primo with Rose Anvil. – Koio
The updated Primo maintains Koio’s original Italian build standards, with internal upgrades including a full leather Strobel board, leather toe cap and counter, and a gum outsole. The upper is crafted from vegetable-tanned, untreated Vachetta calf leather sourced from Italian tannery Conceria Annarita, allowing the sneaker to naturally darken and develop a unique patina with wear.
“Reintroducing the Primo for our ten-year anniversary is incredibly meaningful,” said Johannes Quodt, co-founder of Koio. “It was the shoe that launched the brand, so bringing it back with Rose Anvil’s technical rigor felt like the right way to honor its legacy. The Vachetta leather will age beautifully, making this one of the most personal and character-rich versions we’ve ever created.”
The Primo first debuted in February 2015 at Koio’s Bowery pop-up, created by the founders as their ideal high-top sneaker. The silhouette remained a core style for five years before the brand shifted focus as its range expanded. Koio continued to receive requests from collectors and longtime customers to bring back the original design, prompting the reissue as part of the brand’s tenth-anniversary celebrations.
“The Primo was already a well-built sneaker, but replacing every internal synthetic component with leather significantly elevates the craftsmanship,” said Weston Kay, Rose Anvil. “Using untreated Vachetta leather means the shoe doesn’t just look good out of the box but it continues to improve over time.”
Koio’s work with Rose Anvil follows the success of their first collaboration—the Koio x Rose Anvil Capri Triple White—which sold out in less than 24 hours.
The limited-edition Primo is priced at $325 and is now available exclusively online.
Victoria’s Secret & Co. on Friday reported better-than-expected sales in the third quarter, prompting the U.S. lingerie giant to raise its full year outlook.
Victoria’s Secret raises full-year outlook on strong Q3. – Victoria’s Secret
The Ohio-based company said sales for the three months ending November 1 totalled $1.472 billion, up 9% from the third quarter of 2024 and above its previously communicated guidance range of $1.390 billion to $1.420 billion. Meanwhile, total comparable sales for the third quarter of 2025 increased 8%.
Victoria’s Secret recouped its earnings, reporting a net loss of $37 million, or $0.46 per diluted share, compared to net loss of $56 million, or $0.71 per diluted share, for the third quarter of 2024.
“With two iconic brands, Victoria’s Secret and Pink, a curated product assortment, high-emotion marketing and a relentless customer focus, we are reinforcing our leadership in global intimates and beauty,” said Victoria’s Secret & Co. CEO, Hillary Super.
“As we continue to advance our Path to Potential strategy, we are accelerating global growth, elevating brand distinctiveness, and unlocking greater value across our ecosystem to drive long-term profitable growth.”
Looking ahead, the company is now forecasting full-year net sales in the range of $6.450 billion to $6.480 billion, compared to prior guidance of $6.330 billion to $6.410 billion for the full year 2025. Adjusted net income per diluted share is estimated to be in the range of $2.40 to $2.65, compared to prior guidance of $1.80 to $2.20.
For the fourth quarter, the company is forecasting net sales to be in the range of $2.170 billion to $2.200 billion compared to last year’s fourth quarter net sales of $2.106 billion.
Bernard Arnault has paid homage to the late Frank Gehry, the brilliant Canadian-born architect who passed away on Friday in Los Angeles.
Frank Gehry
For Arnault, Gehry designed the Fondation Louis Vuitton, widely seen as the most important work of contemporary architecture ever commissioned by a luxury brand.
Gehry died aged 96 Friday after a short respiratory illness, bringing to an end a truly remarkable career that included buildings such the highly acclaimed Walt Disney Concert Hall in Los Angeles and titanium-clad Guggenheim Museum Bilbao, his greatest masterpiece.
“I am profoundly saddened by the passing of Frank Gehry, in whom I lose a very dear friend and for whom I shall forever retain boundless admiration. I owe to him one of the longest, most intense, and most ambitious creative partnerships I have ever had the privilege to experience. His oeuvre, crowned by the Pritzker Prize, is immense. He will remain a genius of lightness, transparency, and grace,” Arnault said in a release.
In October 2014, in the presence of French president François Hollande, Gehry and Arnault opened the Fondation Louis Vuitton, a brilliant Deconstructivist building with a price tag that ran to some €800 million. Riffing on late 19th-century French architecture which revolutionized the use of glass like the Grand Palais and combining that with computer technology and 3D design, Gehry created a beautiful structure. Built on the edge of the Bois de Boulogne, its unique shape suggested a giant sailboat gathering wind in its sails.
Fondation Louis Vuitton – Courtesy
“Frank Gehry – who possessed an unparalleled gift for shaping forms, pleating glass like canvas, making it dance like a silhouette – will long endure as a living source of inspiration for Louis Vuitton as well as for all the maisons of the LVMH group. With the Fondation Louis Vuitton pour la Création, he bestowed upon Paris and upon France his greatest masterpiece, the highest expression of his creative power, commensurate with the friendship he bore our city and the affection he showed for our culture,” Arnault added.
Gehry was to go on a design several stores and handbags for Louis Vuitton and has two more buildings in the pipeline for the luxury marque. A super-store concept building on Rodeo Drive in LA, due to open in two years, and an adjacent structure beside Louis Vuitton Foundation.
“My wife, my children, and I express our deepest condolences to his wife, Berta, and to his children,” concluded Arnault.