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Czech retailer Footshop chooses Paris’ 63 Rue de Rivoli for its French flagship

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December 16, 2025

Czech streetwear specialist Footshop told FashionNetwork.com about its ambitions for the French market. It has now set its sights on Rue de Rivoli in Paris’s 1st arrondissement for its French flagship, FashionNetwork.com has learned. The opening date for this sixth store has not yet been announced.

63 Rue de Rivoli (Paris 1st arrondissement) – Google Street View

More precisely, the retailer has chosen 63 Rue de Rivoli. This address was long occupied by Dutch retailer Naf Naf, which opened there in 2009 and kept it during the downsising of its store network in 2020, up until its partial takeover by the Beaumanoir group last August.

With this address, Footshop secures a 237 square-metre, three-storey store, where the retailer will be flanked by menswear label Delaveine and Ray-Ban on one side, and by Bershka and Uniqlo on the other. Opposite, the building at 126 Rue de Rivoli, previously occupied by C&A, will in 2027 house a Radisson Collection hotel and 3,000 square metres of retail space.

Launched in Prague in 2012 by Peter Hajducek, Footshop will be well placed to attract shoppers from both Forum des Halles and the neighbouring Samaritaine. Aiming to become the European leader in streetwear, the company positions itself as a response to an increasingly discerning customer base.

The brand's flagship in Prague
The brand’s flagship in Prague – Footshop

This approach has prompted Nike, Adidas Originals, Puma, New Balance, Asics, and Birkenstock to collaborate with the retailer, which operates flagships in Prague, Budapest, Bucharest, Bratislava, and Warsaw, but relies primarily on online sales. The company recently said that its digital platforms, Footshop and Queens, are said to have generated 82 million visits and 585,000 downloads in one year.

After achieving sales of 61.6 million euros (75% generated internationally) in 2024, the company is expected to reach 82 million euros in 2025, representing annual growth of 40%.

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OVS sees sales rise 6% in the first nine months, EBITDA up 9.4%

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47 minutes ago

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December 18, 2025

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December 18, 2025

In the nine months from February 1 to October 31, 2025, OVS Spa reported net sales of 1,244.7 million euros, up 5.8% on the first nine months of 2024. Pro-forma growth, excluding Goldenpoint’s contribution, was 2.9%, four percentage points ahead of the market.

Stefano Beraldo, OVS Group CEO

By sales channel, direct store sales totalled 1,004 million euros (+7.6% versus 2024; pro-forma growth +4.0%). The franchising and B2B channel posted revenues of 241 million euros, down 0.9% year on year due to lower sales to off-price marketplaces, while business with franchise partners edged up slightly.

During the period, adjusted EBITDA reached 152.3 million euros, up 17.1 million on the same period of 2024, with a positive contribution from Goldenpoint. Breaking this down, OVS’s EBITDA rose by 11.6 million to 122.8 million euros; Upim‘s EBITDA was 30.5 million, compared with 29.3 million last year; and Stefanel‘s EBITDA increased by around 2 million euros.

The third quarter confirmed the group’s positive momentum, with net sales of 452 million euros (+9%; +4.1% excluding Goldenpoint). Adjusted EBITDA was 50.6 million euros, up 9.4%.

“The growth in the third quarter was particularly significant given the challenging basis for comparison with the same period last year, which recorded an exceptional +13%. (…) This performance reflects the effectiveness of the strategic choices made, particularly in the womenswear segment, with an assortment structured around collections with distinct and complementary identities. The Piombo, Les Copains, and B.Angel collections are therefore delivering significantly better sales per square metre than the rest of the range. The beauty segment also continued to deliver excellent results, with double-digit growth,” commented CEO Stefano Beraldo.

“In terms of performance by banner, the strongest growth was achieved by OVS, while Upim consolidated the exceptional +8% posted in the first nine months of 2024. Stefanel also performed very well, with like-for-like growth of around 10% in the quarter. Finally, our approach to managing Goldenpoint is beginning to deliver its first results: overall sales are up by around 10% on the comparable period, driven by the success of the product categories developed by our design studios,” he said. 

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Puma secures more than €600 million in additional financing facilities

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December 18, 2025

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December 18, 2025

Sportswear business Puma has secured additional financing of more than €600 million. It comprises a €500 million facility and a further €108 million in committed credit lines, according to a statement on Thursday. The aim is to reduce utilisation of the existing €1.2 billion revolving credit facility while increasing the company’s financial flexibility.

Reuters

The new €500 million facility is fully guaranteed by Santander Corporate & Investment Banking (Santander CIB). Both new financing instruments have maturities of up to two years.

Markus Neubrand, CFO of Puma SE, said: “While our existing syndicated credit facility and promissory notes remain available, today’s announcement will enhance our financial flexibility as we work to finalise our long-term financing structure. The fact that our banking partners have further expanded their commitment and business relationship underlines the confidence in our future business model and strategic direction. This will enable us to realise our strategic priorities and our goal of establishing Puma as a top-three sports brand worldwide.”

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Levi Strauss & Co. names ex Target, Uber executive as board member

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December 18, 2025

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Nicola Mira

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December 18, 2025

Levi Strauss & Co. has strengthened its board of directors by adding a marketing specialist. On December 16, The US group, owner among others of Levi’s jeans, announced that Jeffrey J. Jones II will become a member of its board on January 21, 2026.

Jeffrey J. Jones II – DR

Jones, currently president and CEO of US financial services company H&R Block, will serve as a member of the Levi Strauss board’s nominating, governance and corporate citizenship committee, as well as the compensation and human capital committee.

Jones will retire from his post at H&R Block, which he joined in 2017, on December 31, 2025. He is an experienced executive with a 30-year-plus career, notably as a marketing strategy specialist. In 2016, he joined Uber Technologies Inc., where he was president of the Ride Sharing division, in charge of operations, customer support, strategy and planning, product operations and marketing.  He was previously executive vice-president and CMO at Target Corporation, overseeing brand, digital and customer experience strategy, corporate communications, investor relations, and brand management for all of Target’s owned brands and limited-time offering collaborations. Jones’s diverse corporate experience, and his expertise in businesses specialising in direct-to-consumer relations are of special interest to the Levi Strauss board.

“Mr Jones brings extensive experience in consumer insights, brand building and organisational transformation, and has a proven record of creating significant stakeholder value,” said Bob Eckert, chairman of the board at Levi Strauss & Co. “He has repeatedly strengthened brands and organisations across industries, and his leadership will play a critical role as we evolve LS&Co. into a best-in-class, DTC-first retailer,” Eckert added.
 
Earlier in his career, Jones worked at Gap, and was a partner and president at advertising agency McKinney, where he led major client projects and fostered organisational growth.

“Levi Strauss & Co. is an iconic company with a bold vision for the future, and I’m honoured to join the board at such a pivotal moment,” said Jones in a press release. “The company has been on a strong trajectory, deepening its connection with consumers and driving long-term, sustainable growth. I look forward to supporting the entire leadership team as they write the next chapter for this nearly 175-year-old company,” he added.

The Levi Strauss board of directors currently consists of 12 members, including CEO Michelle Gass.

 

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