Czech retailer Footshop Group, which posted a 38% revenue growth in H1, to €36.8 million, and is already present with five stores in some of Eastern Europe’s capitals, is keen to open a flagship in France in 2026, the future cornerstone of its Western European expansion.
The Footshop store in Bratislava (Slovakia) – Footshop
Footshop was founded in Prague by Peter Hajducek in 2012. In 13 years, it has built a customer base of 3.5 million subscribers to its newsletters. The Footshop and Queens sites, featuring footwear and apparel by brands like Nike, Adidas Originals, Puma, New Balance, Asics and Birkenstock, have reportedly generated 82 million visits and 585,000 downloads over the past 12 months.
“The first half of 2025 marked a key milestone for us: Our international expansion and strong collaborations showed that our business model is both robust and attractive. We’re now focusing on establishing a long-term presence in Western Europe, especially in France,” said Hajducek. “France is a strategic market for us. It is mature, demanding, but also open to change. We believe there is a place [in France] for a digital-native independent player that is deeply connected to European urban culture,” he added.
Footshop said it has deployed its e-shop in 10 new markets this year, and is looking for premises in Paris, Lyon and Marseilles for its first French address, which will join those already open in Prague, Budapest, Bucharest, Bratislava and Warsaw. These five physical stores are said to attract more than one million visitors a year.
Footshop is aiming to become a European leader in streetwear, and said it has invested heavily in automating its 10,000-square-metre warehouse in Prague. As a result, Footshop claims to have reduced labour costs by 40% while speeding up order processing.
Having previously recorded a revenue of €61.6 million (75% generated outside the Czech Republic), the group is expecting to top the €82 million mark this year, an annual growth of 40%. In Q2, sales in the Sport segment grew 44.5%, and Footshop intends to expand this segment by introducing premium cycling apparel.
Spanish fashion brand Adolfo Domínguez continues to expand into new markets. Having recently entered countries such as Argentina and Lebanon, Adolfo Domínguez now makes its debut in Georgia with the opening of a new outlet store in the capital.
Interior of the brand’s new outlet boutique in Tbilisi – Adolfo Domínguez
Located on Gamarjveba Street in Tbilisi, the store has been designed in line with the brand’s classic concept, featuring a sophisticated, minimalist aesthetic. It offers a wide selection from Adolfo Domínguez’s womenswear collections and accessories at reduced prices.
With this opening, the Galician brand strengthens its presence across Eastern Europe and Western Asia, following the launch of two points of sale in Beirut last September. The brand has also expanded this year into international markets such as Argentina and Andorra, opening two standalone stores as part of its global expansion strategy.
At the close of its most recent financial year, the company operated a global retail network of 371 points of sale across 51 countries, and was also present in 31 markets through its e-commerce platform.
Founded in the 1970s by designer Adolfo Domínguez and chaired since 2020 by businesswoman Adriana Domínguez, the company reported revenues of €24.1 million in the first quarter of the current financial year, driven particularly by strong international sales.
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On Tuesday, a board member for French-Italian eyewear/optics giant EssilorLuxottica said that Meta holds a stake of at least 3% in the group, owner among others of the Ray-Ban brand, with which Meta is collaborating.
The Ray-Ban and Meta logos featured at the EssilorLuxottica stand at the VivaTech trade show in Paris – (Reuters – Benoit Tessier)
The fact that Meta has a stake in EssilorLuxottica had been reported by several sources in the past, but it hadn’t until now been confirmed by either group. Meta and EssilorLuxottica are collaborating closely on the Ray-Ban Meta connected glasses.
José Gonzalo, executive director of French public investment bank Bpifrance and a member of the EssilorLuxottica board, said that the Meta stake could grow. “[Meta] holds at least 3% [of EssilorLuxottica],” said Gonzalo, adding that the figure could possibly rise up to 5%, though it is more likely it will be closer to the bottom end of the 3-5% range. “Nothing is stopping [Meta] from growing [its stake],” said Gonzalo.
Contacted by Reuters, Meta declined to comment for the time being, while EssilorLuxottica was not available for comments.
Gonzalo also said that Meta isn’t currently seeking to sit on EssilorLuxottica’s board. “They aren’t on the board, and haven’t asked to be represented on it,” he stated.
(Reporting by Mathieu Rosemain, with Elisa Anzolin and Tassilo Hummel; French version by Coralie Lamarque, edited by Kate Entringer)
Italian luxury ready-to-wear and knitwear label Fabiana Filippi, founded in 1985, has made a major change to its shareholding structure. The family of Giacomo Filippi Coccetta, Fabiana Filippi’s co-founder and president, has sold its entire stake in the label to Ventisettetredici S.r.l., a company owned by the family of Giacomo’s brother Mario, the label’s CEO and co-founder.
Mario Filippi Coccetta – Fabiana Filippi
“The operation is part of the company’s evolution process. The company’s strategic and operational activities will continue to develop in line with the current business plan,” said Fabiana Filippi in a press release, adding that “the decision is the result of a shared evaluation and a desire to ensure greater stability to the ownership structure in the medium to long term.”
In the press release, Mario Filippi Coccetta thanked Giacomo’s family for their contribution to the company’s growth and for helping strengthen its competitive position. Fabiana Filippi is determined to continue to invest in its DNA and to consolidate its distinctive identity, with an emphasis on product quality and manufacturing excellence, the company added.
Fabiana Filippi, founded in Giano dell’Umbria, near Perugia, is distributed via some 700 stores in over 60 countries, and operates monobrand stores in fashion capitals like Milan, London and Paris. In 1990, Fabiana Filippi started to manufacture its branded knitwear. Ready-to-wear was added in 2000, and later accessories. According to financial press sources, Fabiana Filippi S.p.A.’s revenue in 2024, the latest available figure, was approximately €53.6 million, down 26.75% from the approximately €73.2 million recorded in 2023. In 2024, the company recorded a loss of approximately €5 million.
The label is named after Fabiana, the daughter of Giacomo and Donatella Filippi Coccetta (the latter was until now in charge of product development). In September, Fabiana, 40, left the family business to enter the beauty sector, founding luxury skincare brand F2O.