All Article articles – Page 179
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Zalando exceeds targets, sets new goals
Zalando claims to have reached a market share of 5 percent in the German shoe retail market, indicating that last year it had a domestic turnover of around €600 million in this product segment, after only eight years in the market. Zalando describes footwear as its most mature category in ...
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Wolverine reports mixed results
Wolverine Worldwide reported overall declines in revenues of 7.1 percent to $751.2 million for the fourth quarter and 2.5 percent to $2.69 billion for the full financial year ended Jan. 2. On an underlying basis - before currency conversions, retail store closures and the phase-out of Patagonia footwear - the ...
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Start-rite has sold One Small Step
Start-rite Shoes has sold One Small Step to Step2wo, the London-based premium kid's shoe label. Start-rite reportedly made the decision to sell the business, which it had acquired in 2011, in order to focus on its core brand. One Small Step has eight stores and four concessions across the U.K. ...
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ANWR grows by 3.7%
The ANWR Group booked a 3.7 percent increase in its total “business volume” last year to €8.5 billion. The German-based cooperative retailing group achieved this performance in spite of a drop of 1.7 percent to €1.65 billion in the combined centralized settlements of its shoe-related buying groups: ANWR Schuh, Garant, ...
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Ferragamo’s Q4 sales beat expectations
Salvatore Ferragamo booked sales of €409.0 million in the fourth quarter of 2015, up by 9.0 percent in euros and by 2.1 percent in local currencies, against financial analysts' expectations of a turnover of €391.0 million. In the full year, the top line reached €1,430 million, up by 7.4 percent ...
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Gabor and Camel Active record lower sales
Gabor Shoes has reported a 4.9 percent decrease in its sales to €393 million for 2015, including the wholesale-equivalent sales of its licensees. In terms of volume, the company delivered a total of 9.5 million pairs of shoes in 2015, down by 2.1 percent as compared to the previous year. ...
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Yoox Net-a-Porter reorganizes after its merger
Yoox Net-a-Porter Group, the entity created following the merger of Yoox and Net-a-Porter, has reported a sales growth of nearly 31 percent over the course of 2015. The merger was effective Oct. 5, 2015. Sales were boosted by the increasing use by consumers of mobile phones and tablets for shopping. ...
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Deckers restructures after poor results
Besides Wolverine Worldwide, which will announce its financial results later this month, another big American multi-brand conglomerate, Deckers Brands, is changing its brand management structure, too. It is creating two new business units: the Fashion Lifestyle Group with Ugg and the recently acquired Koolaburra brand, and the Performance Lifestyle group ...
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Wolverine changes its brand structure again
Wolverine Worldwide announced the resignation of Jim Gabel, president of its Performance Group, saying that he is relocating back to Canada for personal reasons. He had joined Wolverine two years ago after running Adidas Canada.With his departure, Wolverine is again reshuffling its brand management structure, creating a new operating group, ...
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European court judges anti-dumping regulations invalid for some imports
The European Court of Justice (ECJ) has issued a much-awaited judgment in a case led by Puma and Clarks, in which regulations imposing anti-dumping duties on imports of certain footwear from China and Vietnam from April 2006 until March 2011 were declared invalid.The ruling was issued upon a request from ...
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ANWR’s online platform moves to a higher stage
ANWR Schuh is replicating its successful partnership with Skechers and Geox on its schuhe.de online portal by working with the Dutch shoe brand Bullboxer. Starting on April 20, ANWR and Bullboxer will launch a TV campaign to market four different models of Bullboxer shoes that customers can also buy at ...
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Jimmy Choo posts record revenues, driven by Asia
Jimmy Choo posted record revenues of £318 million (€404.7m-$459.8m) in the year to Dec. 31, representing a 7 percent increase over the previous year, driven by consistent growth in Asia. Shoes accounted for 75 percent of sales. Men's shoes, which accounts for 7 percent of the revenues, were the fastest ...
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Tod’s beats market expectations
Sales rose by 11.4 percent to €250.1 million for the Tod's group in the fourth quarter of 2015, outpacing the top-line performance of the first nine months of the year as well as beating investors' expectations by about €15 million. The quarterly sales pushed up full-year revenues by 7.4 percent ...
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Many shoe brands at a good fashion week in Berlin
The Berlin Fashion Week, which ran on Jan. 19-21, was said to have been a successful platform for retailers and manufacturers to meet around the new autumn/winter 2016/17 collections. The absence of Bread & Butter gave a boost to the other trade shows in town.The Premium trade show welcomed a ...
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Zalando will stage its Berlin festival in September
Zalando, which bought the bankrupt Bread & Butter trade show in Berlin last June, says it will stage the first consumer-oriented B&B show on Sept. 2-4 at Arena Berlin, where the Bright and Seek trade shows were held last month. Zalando was looking for a new site for its fashion ...
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Birkenstock cancels order stop
The moratorium on new orders that was announced by Birkenstock on Oct. 30 last year was formally lifted at the start of the GDS show in Düsseldorf. From last November to this February, Birkenstock stopped taking orders for any of its products, due to bottlenecks in the supply chain.Birkenstock again ...
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New trade pacts will boost shoe trade with Vietnam
Representatives from the 12 countries participating in the Trans-Pacific Partnership (TPP) signed an agreement in principle to implement it in Auckland, New Zealand on Feb. 4. The deal is meant to lead to the elimination of duties on all products made and traded within the region, including the U.S. and ...
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Tamara Mellon wins a case which might save her eponymous brand
Tamara Mellon, the former chief creative officer of Jimmy Choo, has won a case against a trio of British investors who had backed her new fashion business, Tamara Mellon Brand (TMB). The co-founder of Carphone Warehouse, David Ross, Icap's boss Michael Spencer and Lord Marland, the former Tory trade minister, ...
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Luxury footwear brands like Instagram
Looking at the various social networks that luxury goods companies and their consumers use nowadays on a daily basis, Instagram seems to be preferred for communicating about the brands' values and heritage. This is what has emerged from a recent research by FiloBlu, specializing in omnichannel retailing, and its international ...
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The UITIC convention in Chennai was a success
The 19th International Technical Footwear Congress of the International Union of Shoe Industry Technicians (UITIC), which took place in Chennai on Feb. 3-5, attracted a record of 560 delegates from 28 countries, and around 170 of them came from outside India. The foreign contingent was twice as high as that ...
