Deichmann reports successful 2023

The company currently sells through 4,700 physical stores and 41 online outlets.

German footwear retailer Deichmann has reported a strong ending to 2023. According to board chairman, Heinrich Deichmann, it was a challenging year for the company, but it also proved to be a successful one. Despite difficult market conditions, revenue is said to have risen by more than 7 per cent during 2023 compared to the previous year’s figure, to EUR 8.7 billion. Deichmann sold a total of 184 million pairs of shoes (up by 1.4 per cent year-on-year) from its 4,700 physical stores and 41 online outlets.

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This article was originally published on page 2 of the March 2024 issue of SATRA Bulletin.

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