All Article articles – Page 170
-
Article
Esprit turns around
Esprit recorded a net profit of 21 million Hong Kong dollars (€2.4m-$2.7m) in the financial year ended June 30, 2016, recovering from the net loss of HKD 3,696 million that the company had suffered in the prior year. The international fashion company, which plays an important role in the footwear ...
-
Article
Comfort falls behind fashion in the casual shoe market
Like in 2014, the fashion-oriented segment of the branded casual footwear market performed better than the comfort-oriented segment in 2015. With an overall estimated 8.2 percent increase in terms of U.S. dollars to $11.5 billion, the fashion casual market performed in some ways even better than the branded athletic footwear ...
-
Article
Better figures from Portugal
A quarterly survey conducted by the Portuguese shoemakers' association, Apiccaps, shows an overall positive development in production during the second quarter of 2016, after the declines registered in the previous three quarters. Also, 28 percent of members surveyed reported an increase in orders from foreign clients, compared with 13 ...
-
Article
Inditex’ results boosted by online expansion
Inditex' sales and earnings soared in the first half of the year as the firm opened new stores and expanded its online business. The parent company of Pull & Bear, Zara, Bershka and Massimo Dutti posted revenues for the six months to July 31 that were up by 11.0 ...
-
Article
Deichmann buys Buffalo
Embracing a new business model, Deichmann on Sept. 29 signed an agreement to buy Buffalo, an iconic German brand of women's shoes, provided the deal gets the blessing of the country's anti-trust authorities.Declining to provide information about the brand's turnover or the terms of the acquisition, a spokesman for ...
-
Article
Hi-Tec’s owner buys Duca del Cosma
Frank van Wezel, the founder and owner of Hi-Tec Sports, has purchased and relaunched Duca del Cosma, the formerly German-based golf footwear brand that filed for bankruptcy last year. He has appointed a team to lead the brand from an office with warehouse near Amsterdam, and has started distribution again.Duca ...
-
Article
CCC opens on Mariahilfer Strasse
The rapidly rising shoe retailer from Poland has just opened its largest European store on the famous Mariahilfer Strasse of Vienna, close to the flagship stores of Humanic and other major shoe retailers, with an investment of more than one million euros. For CCC, which has been opening mainly in ...
-
Article
Timberland issues an update on its CSR efforts
Timberland recently released an update about its corporate social responsibility (CSR) actions. In the second quarter of this year, 95.5 percent of the leather used by the brand was produced by tanneries with a silver or gold rating. In the same period, 44 percent of the cotton used in its ...
-
Article
Mixed data from Italy
Italian shoe exports declined by 0.7 percent in volume to 92.5 million pairs during the first five months of this year, according to the latest statistics put out by the Italian shoe industry association, Assocalzaturifici, but went up by 4.1 percent in value, reaching a record level of €3.6 billion ...
-
Article
Spanish exports decline
After a strong year in which they went up by 16.8 percent, Spain's footwear exports declined by 5.7 percent to €1.39 billion in the first half of 2016, according to the latest figures from the Spanish shoe industry association, Fice. They grew in value by 1.5 percent, however, indicating a ...
-
Article
Vibram progresses on several fronts
Intellectual property protection is one of those fronts. Working together with Mark Monitor, the Italian company says it has led to the shutdown of 198 websites that were selling counterfeit models of its Vibram FiveFingers shoes or shoes with fake Vibram soles. Action is pending against more than 150 other ...
-
Article
Vivarte may shrink further
The disposal of the Merkal chain of shoe shops in Spain and the sale or closure of about 100 underperforming discount-oriented shoe stores trading in France as La Halle aux Chaussures are among the measures proposed to the executive board of Vivarte on Sept. 21 as part of a five-year ...
-
Article
Turmoil in the sneaker market
Sneakers are very much in fashion all over the world right now. They are increasingly worn by young girls as streetwear in lieu of Ugg-type booties and high-heeled shoes, as indicated by a recent Mintel report on the British shoe market summarized in the News Briefs of this issue. In ...
-
Article
ANWR books a 2.4% drop in H1
The ANWR Group booked a 2.4 percent decrease to €454.4 million in the combined centralized settlements of its shoe-related buying groups - ANWR Schuh, Garant, Rexor and Quick Schuh - in the first six months of this year, as compared to the same period of 2015. The affiliated retail members' ...
-
Article
Grendene grows by 8% thanks to domestic boost
Grendene posted gross revenues for the second quarter of the year that were up by 8.1 percent over the year-ago quarter to 462 million Brazilian reais (€130.0m-$144.8m). The Brazilian group attributed this performance to the fact that the economic situation in Brazil is showing signs of improvement, with gross revenues ...
-
Article
Weak quarter for Timberland affects VF sales guidance
The outdoor and action sports business at VF Corp brought in mixed results for the second quarter ended July 2, combining sales increases for The North Face and Vans, and a decline for Timberland, caused by the Americas and Asia-Pacific.The group said it was broadly on track but the Timberland ...
-
Article
Boom for Alpargatas’ rubber sandals in Brazil
Strong sales under the Havaianas brand in Brazil helped Alpargatas to raise its total revenues by 8.4 percent to 1,010 million reals (€281.0m-$316.9m) for the quarter ended June 30. Domestic sales were up by 18.5 percent over the year-ago quarter to R$570.5 million (€158.9m-$179.0m), despite a backdrop of low consumption ...
-
Article
Shoes grow more than apparel in the U.K. and elsewhere
Mintel Group, the British market research company, estimates that the British shoe market will record a 5.4 percent increase in sales to £10.5 billion (€12.5bn-$13.9bn) at the end of this year, as compared to 2015. In contrast, the apparel segment of the British fashion industry will only increase by about ...
-
Article
Arsutoria and Foto Shoe join forces
Two major Italian-based publishers in the footwear and leathergoods sectors, the Ars Arpel Group and the Foto Shoe Group, are forming a joint venture, called Edizioni AF, that will combine after Dec. 31 most of their trade magazines, books and services, which are largely complementary in terms of contents and ...
-
Article
Athleisure trend surprises Genesco
Genesco reported weaker-than-expected results for its second quarter, ended July 30, due to a sudden and strong shift to athleisure styles in its flagship Journeys division, which persisted in subsequent weeks, and to the effect of the British pound's depreciation on its Schuh retail chain in the U.K. following the ...
