All Article articles – Page 146
-
Article
Cheers for the UITIC Congress in Portugal
The 20th Congress of the International Union of Shoe Industry Technicians (UITIC), which was held in Porto on May 16 to 18, was described by its organizers as an “incredible” event because of the record number of delegates, the high level of the presentations and interesting visits to Portuguese shoe ...
-
Article
New comfort technology by GoreTex
W.L. Gore & Associates is launching a new, proprietary Gore-Tex waterproof/breathable construction, called Gore-Tex 3D Fit Footwear, featuring a three-dimensional insert to contour the shape of the foot more effectively, like a sock, in order to deliver a higher degree of comfort.The first two adopters will be Adidas with its ...
-
Article
Confindustria Moda inaugurates new offices
Confindustria Moda, the umbrella organization of the Italian fashion industry, inaugurated on May 15 its new 3,800 square-meter offices hosting more than 100 employees at Via Riva Villasanta 3 in Milan.Confindustria Moda comprises Sistema Moda Italia (SMI), which groups the textile and apparel firms operating in the country; Assocalzaturifici, the ...
-
Article
Gucci will produce more locally to cope with its stellar growth
Kering predicts that Gucci will hit €10 billion in annual sales, overtaking LMVH's Louis Vuitton as the world's biggest luxury brand. The path to success for Gucci has been paved by its new creative director, Alessandro Michele, whose flamboyant style has won fashion fans worldwide for the brand, driving sales ...
-
Article
Hoka and Ugg help Deckers to score well
Thanks to a strong performance by Ugg and Hoka One One, Deckers Brands posted a stellar fourth fiscal quarter and full year, with revenues and profits beating analysts' expectations.The revenues from the Hoka One One brand jumped by 34.1 percent to $50.4 million for the quarter ended March 31, and ...
-
Article
Genesco’s shares tumble as Schuh declines
Shares in Genesco - the U.S.-based owner of Journeys, Johnston & Murphy, and other retail banners - took a 9 percent dive after the company reported on weak results for its Schuh Group subsidiary in the U.K. The British retailer's revenues dipped by 7.0 percent to $80.3 million in Genesco's ...
-
Article
The Russian shoe market is recovering
After a big slump in previous years, sales in the Russian shoes market were on the rise in 2017, driving up both imports and an expanding domestic footwear manufacturing base, according to research released by the Russian Union of Leather Workers and Shoemakers during its annual meeting in Moscow on ...
-
Article
Crocs raises guidance after strong Q1 results
Crocs said its results for the first quarter exceeded its own guidance and financial analysts' projections, with the spring/summer 2018 collection being well-received, with the launch of LiteRide - a range of athleisure shoes with light materials - surpassing its own expectations. This led the company to raise its guidance ...
-
Article
Tod’s falls by 5.2%
Tod's posted a 5.2 percent decline in revenues to €226.1 million for the first quarter of 2018, in line with the group's and financial analysts' expectations. At constant currency rates, the decline narrowed to 1.8 percent.On top of adverse currency variations, the group said it suffered from unseasonable weather conditions ...
-
Article
Alibaba’s sales up 61%
Alibaba posted revenues of 61.9 billion yuan renmimbi (€8.2bn-$9.8bn) in the fourth quarter ended March 31, up by 61 percent from the same quarter a year earlier. Meanwhile, its net profit for the quarter fell by 33 percent to RMB 6.6 billion (€871.5m-$1,042.3m). The decrease was primarily due to non-recurring disposal ...
-
Article
Alpargatas performs better at home than abroad
The volume of sandals sold by Alpargatas in Brazil under its Havaianas and Dupé brands rose by 33.1 percent to 47.4 million pairs in the first quarter of 2018, helping the company to improve the gross margin generated in its home market by 4.5 percentage points to 46.1 percent and ...
-
Article
Italy’s shoe exports accelerate
After rising by 2.6 percent in 2016, Italy's exports of shoes and components went up by 3.4 percent in value to more than €9.5 billion in 2017. The good performance followed a relatively strong increase of 6.6 percent in the fourth quarter of the year, which came after increases of ...
-
Article
Zalando adds a line of beauty products
Zalando added a line of beauty products from 130 cosmetic and skin care brands to its offer toward the end of the first quarter of this year, accompanied by online tutorials and plans for the establishment of a Beauty Concept Store in Berlin next month. More than 70 percent of ...
-
Article
Clarks re-engineers after lower sales and profits
The new management of C&J Clark (Clarks), led by Mike Shearwood, is not standing still. It is deploying new initiatives to improve sales and profits after a difficult financial year in which the company incurred a net loss on lower sales for several reasons, including a general uncertainty in the ...
-
Article
Atlas boosts production with Desma
Continuing its long-standing partnership with Desma, Atlas Schuhfabrik has invested in a new fully automated system from the German direct injection specialist to meet increasing demand. Atlas, a supplier of safety footwear based in Dortmund, Germany, overhauled its production capacity in January by installing the biggest rotary table ever delivered ...
-
Article
E-commerce attracts big investors
The fast-moving digital retailing sector, which needs cash to grow, has attracted two very big players at the high and low end of the market.Richemont, which owns brands like Cartier and Chloé, succeeded a few days ago in its bid to take over control of Yoox Net-a-Porter (YNAP) in a ...
-
Article
Rockport files for bankruptcy
The Rockport Group filed for Chapter 11 bankruptcy protection in a Delaware court yesterday, citing numerous issues including a promotional environment, weak sales at the company's current 22 full-price Rockport stores in North America in recent years and a difficult and expensive separation process from the Adidas Group.A private equity ...
-
Article
Moon Boot is becoming a lifestyle product
The Tecnica Group is taking its iconic after-ski boot down from the mountains to the city, expanding the range of its styles and positioning the Moon Boot as a premium-priced, contemporary brand of warm and comfortable footwear with an Italian design for young and adult women, a little like Moncler ...
-
Article
New call for transnational collaboration in Europe
The European Union launched last month a second call for proposals for participation in its Worth Partnership Project, offering funding of up to €10,000 for any project involving at least two designers, manufacturers or technology firms in certain sectors, including footwear, from at least two different countries.The project is funded ...
-
Article
Kawasaki’s canvas shoes plan a comeback
Sports Group Denmark has obtained a four-year license for the development and global distribution of an expanded line of Kawasaki footwear, with a new and updated concept. It is talking to new and old distributors of the line with a goal of firming up the range and the international sales ...
