All Article articles – Page 144
-
Article
3D design and pattern making skills will be in high demand
A company survey conducted as part of the “Digital TCLF 2025” project, within the framework of the “Erasmus+” EU program, has confirmed the importance of digital jobs in the Textile, Clothing, Leather and Footwear (TCLF) sectors as well as the need to bridge the digital skills gap in these sectors. ...
-
Article
Ukraine’s shoe manufacturers sell more at home and abroad
In 2017, Ukrainian factories released 24.5 million pairs of shoes, up by 5.2 per cent as compared to 2016, while imports into the country declined by 1.9 per cent to 48.8 million pairs. Ukraine's shoe manufacturers have been taking advantage of the devaluation of the national currency over the past ...
-
Article
Adidas challenges Rockport’s sale
A U.S. equity fund, Charlesbank Capital Partners, has emerged as the only bidder for most of the assets of the bankrupt Rockport Group, including its intellectual property rights for the Rockport, Aravon and Dunham brands, its sales operations in Europe and Asia and its other global wholesale and e-commerce businesses. ...
-
Article
Skechers’ shares tumble after lower-than-expected earnings
Skechers USA again posted record revenues for the second quarter ended June 30, after breaking the threshold of $4 billion in annual sales for the first time in 2017. However, its shares dropped by more than 20 percent after the company posted significantly lower earnings than expected for the quarter. ...
-
Article
Will Brazilian exports stop declining?
Brazil's shoe exports fell in the first half of the year by 6.7 percent in volume, from 59.36 million to 55.37 million pairs, and by 7.9 percent in value, from $528.7 million to $486.9 million. According to the Brazilian shoe manufacturers' association, Abicalçados, which presented these estimates, it is difficult ...
-
Article
Clarks’ CEO resigns
Mike Shearwood, the former head of Karen Millen who was made chief executive of C&J Clarks in October 2016, has resigned. A public statement said the move followed an investigation conducted in response to complaints that his conduct was “contrary to the family-owned company's code of conduct.”Without giving any details, ...
-
Article
Moreschi challenges YSL over prime retail space in Milan
Yves Saint Laurent outbid competitors to acquire an 18-year lease for an 82-square meter store in the Galleria Vittorio Emanuele, Milan's iconic shopping arcade, which faces the city's cathedal. But, it could now face a legal challenge from an Italian high-end shoemaker, Moreschi, and the world's largest eyewear manufacturer, Luxottica, ...
-
Article
Virola International at the cutting edge
Virola International, the Indian shoemaker best known for its large OEM operations and its proprietary brands - Alberto Torresi for the domestic market and Stressless for the international market - has introduced robotic cutting into the production process for its leather shoes.The cutting machines installed at the company's facilities in ...
-
Article
Spanish footwear is stable in value, but decreases in volume
According to the latest data by the Spanish footwear industry association (Fice), shoe production in Spain totaled nearly 98 million pairs and €2.004 billion in value in 2017. These figures represent a 4 percent drop in volume and an increase of 0.6 percent in value as compared to 2016. The ...
-
Article
Lloyd goes more digital
Lloyd Shoes is supplying its retail customers with a new “endless aisle” through a digital B2B platform, called Fashion Cloud. Among other things, it allows them to check the availability of missing items from their stores in real time and to order them directly.The retail clients can also download visuals ...
-
Article
Indian producers target the domestic market
The Indian domestic market is expected to grow to 4.5 billion pairs from 2.25 billion over the next five years, with consumption doubling to four pairs per person per year, according to data released by India's Council for Leather Exports (CLE). The average price per pair is expected to continue ...
-
Article
Sneakers and the internet drive the German shoe market
According to a study conducted by the Institute for Retail Research (IFH) in Cologne together with the BBE, the German consultancy for the retail industry, athletic footwear and canvas lifestyle shoes still represent the best-selling segment of the shoe industry. The study also confirms that the online retail business keeps growing, ...
-
Article
Stella performs well in Europe
Stella International's branded business had a strong performance in Europe in the second quarter, with retail sales in the region growing by 25.0 percent to $4.0 million. The Hong Kong-based company launched Stella Luna in Europe in 2012 and followed up two years later with a more casual brand, What ...
-
Article
Obuv Rossii invests in a Siberian EVA factory
Obuv Rossii, the big Russian shoe manufacturer and retailer that recently went public, plans to invest 760 million rubles (€10m-$12m) to start a new factory at Linevo, a village in the province of Novosibirsk, focusing on the production of EVA footwear. The product range will include rubber sandals, clogs and ...
-
Article
A new plan for French slipper manufacturing
A new company, called La Manufacture Charentaise, has been started in France for the development, production and distribution of the typical “charentaise” slippers of four companies in the eponymous region: Rondinaud, Degorce, Laubuge and Ferrand. All four of them were more or less insolvent lately.Based at Rondinaud's factory at Rivière, ...
-
Article
Kurt Geiger moves into Germany
Kurt Geiger, the London-based shoe label, is expanding into the German market, launching its autumn/winter shoe collection in August with a few selected retailers. Pop-up stores are due to stay open for one month at the Breuninger stores in Stuttgart and Düsseldorf between August and September. The KaDeWe department store ...
-
Article
Italy looks at the new generations
The young people working in Italian family businesses are contributing growth ideas and opportunities to the sector. This is the main finding of a study conducted by Assocalzaturifici in collaboration with LIUC Business School based in Castellanza, in Italy's region of Lombardy. The results of the study, entitled “Family businesses? ...
-
Article
Uzbekistan sets sights on the leather shoe industry
The manufacture of leather shoes in Uzbekistan is set to double its production in the next two years from last year's level of 17 million pairs, according a development program recently adopted for the industry by the government of this former Soviet country, headed up by Shavkat Mirziyoyev since February ...
-
Article
Pentland will license Karen Millen
Pentland Brands has signed a contract to be the global footwear licensee for Karen Millen. The British women's fashion brand, which was previously developing a footwear line for sales on its website and in its single-brand stores, had appointed earlier this year IMG to secure new licenses in other segments ...
-
Article
Strong results for Pentland
Pentland Group reports a 14 percent increase to £376 million (€424.2m-$493.4m) in its operating profit before amortization of intangibles and extraordinary items for the year ended Dec. 31. The net value of its assets went up by 22 percent to £1,276 million (€1,439.6m-$1,674.3m).Total group revenues rose by 25 percent to £3.6 ...
