All Article articles – Page 135
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GBG takes the Bikkembergs license from Zeis
Zeis Excelsa, the once-flourishing and now troubled Italian shoemaker from the Marche region, has lost the Dirk Bikkembergs footwear license to the big Hong Kong-based Global Brands Group (GBG). The license agreement starts with the 2019-2020 autumn/winter collection. GBG has already worked with other fashion brands including Calvin Klein, Juicy ...
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British women prefer trainers and flat shoes
A recent survey has suggested that stiletto heels may become a thing of the past as British women increasingly opt for trainers, not just in their everyday speedy life but also for evenings out. The survey, which was conducted by Deichmann on nearly 2,000 British adults, showed that 36 percent ...
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Production and consumption go down
After growing by 1.6 percent in 2017, Italy's shoe production contracted by around 2.6 percent to around 186 million pairs in 2018, according to the usual survey conducted by Assocalzaturifici before the Micam trade show in Milan, with a more serious decline of 4 percent in the second half of ...
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Ugg and Hoka send Deckers higher
Deckers Brands' management said it was essentially one year ahead of its strategic plan as the company saw its overall sales jump by 7.8 percent in the third quarter of its financial year. They reached $873.8 million in the three months ended on Dec. 31.The quarter is particularly important for ...
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Ferragamo’s disappointing sales raise questions
Judging from the recent financial reports of Salvatore Ferragamo and Tod's (see the subsequent article in this issue), serious questions should probably be raised about the sustainability of their business model. While opening new mono-brand stores and diversifying into leathergoods, apparel and other products, their image and their core business ...
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Russian retailer plans to expand into the West
A Russian retailer specializing in casual shoes and clothes, Finn Flare, has declared its intention to open its first brick-and-mortar store somewhere in the European Union by 2020. Finn Flare has already been selling its products in Europe through various online platforms, including Otto, Amazon and Zalando for an overall turnover ...
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Online sales are growing fast in Russia
The overall market for shoes and clothing remained flat in Russia last year, with a slight reduction in the offline retail segment and a strong increase in online sales, according to research conducted by the local Fashion Consulting Group.In total, sales of these products amounted to an estimated level of ...
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Mixed trade figures from Italy’s footwear sector
The latest available trade statistics show that Italy's footwear exports grew by 3.9 percent in value during the first ten months of 2018, while dropping in volume by 6.4 percent. The country exported a total of 176.4 million pairs priced at nearly €8.1 billion during the period. The average export ...
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Mixed figures from the Indian subcontinent
A string of export data from the Indian subcontinent have painted a mixed picture of the recent performance of local leather industries. But overall, regional players are increasingly ambitious and the Indian powerhouse is openly gearing up to lure manufacturing away from China.Bangladesh missed its exports target for footwear, leather ...
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Hogan is up, footwear is flat
By brands, the group's full-year sales were off by 3.3 percent to €498.6 million for Tod's, with currency-neutral revenues down by 1.2 percent. The brand achieved “good results” in the Americas and Asia, while Europe was affected by lower purchases by tourists and political and economic uncertainties in Italy.Sales under ...
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Good growth for LVMH and Hermès
Apparently, the luxury segment of the market for fashion and accessories is not slowing down for the major brands, despite the increasing tensions at the geo-political and monetary levels and the growing competition from the sports sector. Two major French luxury groups, LVMH and Hermès, have published pretty good results.LVMH, ...
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Hermès grows nicely, too
Hermès International reported sales increases of 7.5 percent in euros and 10.4 percent in constant currencies for 2018. The French maison reached a turnover of €5,966 million for the year, slightly above analysts' estimates. The final results are scheduled to come out on March 20, but the management has already ...
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Sioux and We Want Shoes initiate video orders
Sioux, the German company best known for its comfortable moccasins, has established a partnership with We Want Shoes, the German brand marketing and networking platform. For the autumn/winter 2019 order season, the two companies have launched a pilot project to allow manufacturers to present their shoes in videos.Sioux has already ...
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Las Vegas puts many shows under one roof
All the big American fashion-related trade shows put on by Magic in Las Vegas – including FN Platform and Project, which host footwear exhibitors – will be taking place exclusively at the Las Vegas Convention Center (LVCC) as of next August.As a result of all this, each show will now ...
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P448 sees 36% rise in 2018 sales to €8.2m
P448, an Italian brand of unconventional and comfortable sneakers whose ownership changed last summer, posted a 36 percent increase in sales in 2018 to €8.2 million from €5.7 million the previous year and is targeting revenues of €50 million by 2022. One of the investors in the brand is Wayne ...
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Nike’s digital disruption paid off in Q2
Crediting the efforts being made to execute its Consumer Direct Offense program, Nike reported better-than-expected results for the second quarter ended on Nov. 30. Revenues grew by 14 percent on a currency-neutral basis across the group, with increases of 14 percent for the Nike brand and 6 percent for Converse.On ...
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Birkenstock expects to grow by up to 20%
Birkenstock continues to grow strongly, although not as rapidly as before. According to a report in the Frankfurter Allegemeiner newspaper, which has been confirmed by the company, its global sales are expected to grow by up to 20 percent in the financial year ending next September, reaching a level of ...
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Gabor records stable sales in 2018
Gabor Shoes recorded total sales of €377 million in 2018. The figure includes the company's licenses, Gabor Shop & Store and Gabor Footwear. This is almost as high as the €383 million recorded in 2017, which was itself a decrease of 3.3 percent from 2016. Including licenses, the group sold ...
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Adidas and Nike
We normally don't cover the athletic footwear brands in Shoe Intelligence. However, we feel that we should share with you some of the information that we gave to the subscribers of a sister publication of ours, the European edition of Sporting Goods Intelligence, about the most recent results of Adidas ...
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More signs of fatigue for Adidas in Europe
After a strong rally between 2015 and 2017, the Adidas brand has performed so far this year less well in Europe generally than Nike, Puma or Under Armour. In the third quarter, its sales in Western Europe were off by one percent in euros and by two percent in constant ...
