All Article articles – Page 181
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“Made in Italy” will have a dedicated committee
The first ever committee of the Italian fashion and accessories industry, called Comitato della moda e dell'accessorio italiano, was launched on Dec. 23. The details of the project had been previously outlined by the Italian Deputy Minister for Economic Development, Carlo Calenda, on the occasion of the 20th Pambianco-Deutsche Bank ...
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Spain’s export growth slows down
The Spanish shoe industry association, Fice, had reported in October increases of 17.6 percent in value and 6.6 percent in volume for shoe exports from the country during the first half of 2015. It is now reporting an increase in value of 11 percent and a decrease in volume of ...
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Primer launches in Europe
Working out of its brand-new European office in the U.K., the Primer Group of companies is busy establishing a network of distributors throughout Europe and the Middle East for a number of different brands, while managing their operations in the U.K. The newly formed Primer Europe is offering an opportunity ...
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Good prospects for European shoe imports and local production in Mongolia
A few weeks ago, Loriblu, the accessible luxury brand of shoes manufactured in the Marche region of Italy, opened its first store in Ulan Bator, the capital of Mongolia. The company's chief executive, Annarita Pilotti, who is also the new president of Italy's powerful shoe industry association, Assocalzaturifici, says she ...
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Lower results at Shoe Zone
The planned shutdown of loss-making stores and difficult trading conditions in the U.K in the first part of its financial year led Shoe Zone to post a 3.5 percent decline in revenues to £166.8 million (€220.2m-$240.0m) in the 52 weeks ended on Oct. 3. The drop came in spite of ...
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Tod’s will own Roger Vivier
The minority shareholders of Tod's gave an almost unanimous approval to a proposed capital increase of €200.5 million, paving the way for its acquisition of the prestigious Roger Vivier brand and its flagship store in Paris from the family of Diego Della Valle, which controls Tod's through a holding company ...
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Prada will adjust pricing, retail expansion and management
Admitting some managerial shortcomings, the Prada Group said it is planning to reinforce its senior management by appointing a general manager recruited from outside the Prada family, which controls the company through Prada Holding. The management is currently in the hands of two joint chief executives: Miuccia Prada, 66, who ...
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Brazilian shoe exports turn around
Brazil's shoe exports may be turning around, at last. During the month of November, they totaled $71.3 million, amounting to increases of 4.7 percent from the previous month and by 1.1 percent as compared to November 2014. For the first 11 months of this year, they are still down by ...
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Karl Vögele sells its Austrian stores
The Swiss shoe retailer has decided to concentrate on its 300-odd stores in the domestic market, following an agreement to sell its 70 stores in Austria to a Berlin-based investment company, Lafayette Industrieholding, with retroactive effect from Jan. 1, 2015.The Karl Vögele group has been selling shoes in the two ...
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Del Biondi works on a bio-magnetic shoe
Alberto Del Biondi, the Italian fashion design center named after its director, presented to the students of a master's degree course in the design of accessories in Milan a new projects that it is working on that applies medical technology to footwear design. The new concept uses wearable technology to ...
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Cinven buys Kurt Geiger
Cinven, a large U.K.-based private equity company, has agreed to acquire Kurt Geiger, the leading British vendor, distributor and retailer of luxury and medium-priced women's shoes and accessories, which has recently diversified with a men's line and children's shoes. Cinven said it was making the investment with a view to ...
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Valleverde is making a comeback
After two months of sales, the well-known Italian brand of comfort shoes has received initial orders for about 150,000 pairs for its spring/summer 2016 collection, developed very quickly after the bankruptcy court picked Silver 1 as Valleverde's new owner in May. Orders have been placed by 850 dealers, way up ...
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Macintosh is insolvent
Macintosh Retail Group and some of its subsidiaries have filed for “suspension of payments” to banks, suppliers and other creditors, and they have been granted . It could be the prelude to a change of ownership for the largest shoe retailer in the Benelux countries.The insolvency proceedings cover the parent ...
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Nordstrom invests in Shoes of Prey
Nordstrom has participated in a $15.5 million round of investment raised by Shoes of Prey, an Australian start-up that pioneered on-demand customizable fashion footwear. The Aussie start-up has raised $24.6 million so far, with other investors including BlueSky Venture Capital, which has led the latest funding round, as well as ...
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Alpargatas’ new major shareholder looks abroad
The Batista family, whose numerous assets include JBS, the world's largest tanner and meat processing company, has become the largest shareholder of Alpargatas, the parent company of Havaianas and Dupé. The Batista family, whose holdings have an estimated net worth of $5 billion, has agreed to acquire the 44.1 percent ...
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South African group buys Office
It's now official. Silverfleet Capital, the private equity company that bought the Office London chain in December 2010 from Sir Tom Hunter, has announced an agreement to sell its 88.9 percent stake in the British shoe retail chain to Truworths International.The purchase price of £256 million (€354.6m-$388.2m) is four million ...
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Wolverine Worldwide announces executive appointments
Wolverine Worldwide has announced the appointment of Richie Woodworth as president of the company's Lifestyle Group, which includes the Keds, Hush Puppies, Sperry and Stride Rite brands, effective Jan. 3, 2016. Additionally, the company has appointed Scott Sincerbeaux as president of consumer-direct operations. Also, Tom Kennedy has been appointed as ...
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New digital platform by Assocalzaturifici
The powerful Italian shoe industry association is investing in digital technologies and recommending to its members the use of e-commerce, blogs and social network to tell the story of their products to consumers all over the world and to boost their international sales.“The Digital Artisan” was the theme chosen by ...
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Baldinini invests in the U.S. and China
Baldinini, which recently won an Italian contest for brand equity, is trying to reduce its overexposure to the difficult Russian market, which still generated about €90 million out of its total sales of nearly €120 million in 2014.It is now taking all the necessary steps to open its first seven ...
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The Berkemann Group will consolidate Marc
The Berkemann Group, which took over Marc Shoes four years ago, has decided to integrate the German brand more closely into its corporate structure to cut costs and develop synergies in back-office functions such as product development, purchasing, human relations, finance and IT with its two main brands of comfort ...
