All Article articles – Page 159
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LK Bennett is in turnaround mode
Red ink had continued to mount in the annual accounts at LK Bennett before Darren Topp, the former head of BHS, took the helm last September and implemented a refocus of the business. Yet, while operating losses at the British luxury shoe retail chain rose to £4.5 million (€5.1m-$5.8m) in the ...
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German buyers dominate at a quiet Berlin Fashion Week
An increased number of trade shows were organized during the Berlin Fashion Week that took place from July 4-6, including a couple of children's wear shows, but only some of them dealt with sports brands. Visitor figures were not published. They were more than 200,000 at the winter edition of ...
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Birkenstock launches a travelling store, physically and digitally
Birkenstock has added a new twist to the notion of pop-up stores by launching a “ship-around-the-world” that consists of a big wooden box. The Birkenstock Box is basically a freight container that has been converted into an unusual upmarket retail space. Retail partners can adopt it temporarily, furnishing the interior ...
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Brexit could favor EU labels of origin
The impending departure of Britain from the European Union could pave the way for the introduction of compulsory “Made In” labels on the continent. The Italian footwear manufacturers' association, Assocalzaturifici, sent a delegation to the European Parliament in Brussels at the end of May to lobby for the initiative in ...
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Spanish producers expect good business in Japan
The announcement of the agreement with Japan is particularly good news for shoe exporters from Italy, Spain and other European countries. It coincided with the organization of the latest Shoes from Spain exhibition in Tokyo, where the number of participating firms went up by 20 percent to 30, as compared ...
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Easier shoe exports to Japan and Canada from the EU
Leaders of the European Union and Japan signed an agreement in principle on July 6 for a free trade agreement (FTA) that would create the world's largest economic zone, representing about 30 percent of the world's GDP.and 40 percent of world trade.The European Commission had been discussing an FTA with ...
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MBT switches to distributors in Central Europe
Experienced industry officials have set up new distribution companies in Germany, Austria and Switzerland to take over sales of MBT shoes from the German and Swiss subsidiaries of Masai Distribution, the Singapore-based subsidiary of Star 360 that bought the global assets of the former Swiss-based Masai group in 2012.Oliver Fischer, ...
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More management changes at Hunter
A couple of top executives are leaving Hunter Boots, starting with Niall Sloan, who will join Escada as its new global design director in August, replacing Daniel Wingate who left at the beginning of the year. Sloan worked as design director at Hunter, for four years and oversaw the design ...
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Clarks will resume production in the U.K.
Clarks will open a new production unit in the U.K., more than a decade after moving manufacturing abroad. The new facility, which is expected to be operational early next year, will be located at the company's headquarters in Street, Somerset, where Clarks began in 1825.The manufacturing unit will produce up ...
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New high-profile managers and directors at Clarks
Clarks has appointed new heads for its operations in Europe and the Asia-Pacific region, while revamping the board of directors. Jack Quinlan is joining the U.K.-based shoe brand as regional president for Asia-Pacific, while Ben Fletcher has been appointed managing director of the European region, starting in August.Quinlan comes from ...
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Igedo will concentrate on its Düsseldorf shows
Igedo will concentrate in the future on only two trade shows – the Gallery Fashion show for apparel, which will take place in Düsseldorf at the end of July, and Gallery Shoes. Messe Düsseldorf, which dropped its former GDS shoe show earlier this year, has in fact agreed to sell ...
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Giesswein launches new merino sneaker line with crowdfunding
Giesswein, the Austrian manufacturer that is known for its colorful slippers and hats, launched its first collection of outdoor shoes through a crowdfunding campaign. Since the beginning of the campaign in February, Giesswein has sold about 1,000 pairs of its new collection of sneakers, made with merino wool.The campaign cost ...
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J.B. Martin falls into receivership
J.B. Martin, another well-known, medium-sized French shoe company, was placed in receivership on June 28 by the Paris Tribunal de Commerce in view of the possible sale of the entire business or parts of it by Alter Finance, a French investment firm that took it over in 1986. The court ...
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Get ready for Milan XL
Milan XL is the name chosen to describe a big festival of Italian creativity that will accompany theMicam, Mipel and the runway shows of Milano Moda Donna in the context of the Milan Fashion Week between Sept. 16 and 26.With help from the Italian government, the Italian shoe industry association, ...
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Italy’s shoe industry is slowly recovering
The turnover of the Italian footwear industry grew by 5 percent in value and by 2 percent in volume in the first quarter of the year, but the figures are still considerably lower than in 2013, when they were 50 percent higher in value and 40 percent higher in volume. ...
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The global luxury market should grow by 2 to 4% this year
After a difficult 2016, the luxury industry has shown positive signs in the first quarter, with a growth of 4 percent, and the global luxury market is expected to grow by 2 to 4 percent this year. These are among the key findings from Bain & Company's “Bain Luxury Study ...
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Ferragamo is cautious about 2017
Salvatore Ferragamo told investors that it has a “cautious outlook” about its performance in 2017, which it sees as a “transition year” during which the Italian company will enhance its product development, rationalize its retail business and normalize inventory levels. The company confirmed the mid-term targets it had released in ...
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Doubts about Cambodia’s export growth
With a total combined value of $7.3 billion, footwear and garments remained the most important export items for Cambodia last year, although the growth rate declined to 7.2 percent. According to the most recent bulletin published by the International Labor Organization (ILO), this followed increases of 10.7 percent in 2014 ...
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Caleres improves sales thanks to Allen Edmonds
Caleres' revenues for its first quarter ended April 29, 2017 grew by 8.0 percent to $631.5 million, partly due to the acquisition last December of Allen Edmonds, which contributed $42.5 million to total sales. However, the parent company of Famous Footwear and various footwear brands, previously called Brown Shoe Co., ...
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J&F may have to sell Alpargatas
J&F Investimentos, the largest private conglomerate in Brazil, is said to be on the verge of selling Alpargatas, the parent company of Havaianas and the licensee of Mizuno in Brazil and Argentina, to help one of its own shareholders, Joesley Batista, his brother Wesley and four other executives to pay ...
