All Distribution articles – Page 10
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News briefsPremiata sees 2020 sales stable at €60 million
The Italian shoe maker Premiata expects to finish the year with sales of some €60 million, in line with 2019 and after a 17 percent rise in 2018. For next year, the company has decided to be more selective in Italy and trim its client portfolio, which will ...
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ArticleEU, UK extend Brexit trade talks in effort to avoid a “no deal”
The United Kingdom and the European Union had decided to wait until Sunday, Dec. 13 to find a compromise on a trade agreement that would go into effect on Jan. 1. But, the European Commission’s president, Ursula von der Leyen , said the negotiators will now continue to work into ...
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ArticleTreksta expands in Europe, especially in the casual footwear trade
With Improve Business Scandinavia being the Scandinavian representative for Treksta since 2014, the South Korean footwear company earlier this year committed Improve Business Europe AB as European distributor for all countries except Portugal, France and Spain. The company has already signed agents for its hunting category and is now looking ...
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News briefsDr. Martens to take over wholesale distribution in Italy
From June 1, 2021, Dr. Martens will bring in-house wholesale distribution in Italy. Asap has been the brand’s distributor in the country for over 30 years. Dr. Martens will manage sales directly from the next autumn/winter collection. In the meantime, the two companies will be working together ...
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News briefsRussian Post launches bonded warehouse pilot project
The Russian state mail operator Russian Post announced a pilot project to set up bonded warehouses, where goods liable to customs can be stored and handled without payment of duty. In the future, these warehouses could manage half of all sales of foreign online stores present in the ...
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ArticleU.K. threatens no-deal Brexit but talks to continue
Tensions on stalled Brexit trade talks intensified as Boris Johnson , the British Prime Minister, said Britons should prepare for a no-deal departure if the European Union (EU) did not compromise, raising the prospect of supply chain chaos across Europe. Johnson stopped short of saying he was walking ...
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News briefsRussia reportedly planning to limit shoe imports
The Russian government is mulling over measures aimed at limiting footwear imports, according to the Russian press. The local authorities plan to take advantage of the situation created by the Covid-19 pandemic, including a slump in the import of fashion goods and restrictions on international travel, to expand the ...
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ArticleBirkenstock ends cooperation with purchasing groups in Germany
Birkenstock is pulling out of the German shoe retailing cooperatives ANWR , GMS and Sabu on the grounds that they are allegedly not sufficiently committed to fighting product piracy. The withdrawal takes effect from December 31. Birkenstock has been a member of the trade associations for ...
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News briefs
Royer plans to cut 200 jobs
The loss of a major distribution contract for New Balance in France, the Benelux countries and Germany and the crisis linked to Covid-19 have led Groupe Royer of France to start discussions with its staff about the dismissal of about 200 of its 500 employees. The loss of ...
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News briefs
BIG buys Aldo U.K.
The U.K. arm of the Canadian footwear retailer Aldo Group has been acquired by Bushell Investment Group (BIG), which is based in Birmingham, England. BIG indicated that the acquisition, for which financial details were not released, will preserve 150 jobs and lead to the creation of an additional ...
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ArticleRussian fashion retailers end up with huge unsold stocks
On average, Russian fashion retailers failed to sell 30 percent of their summer collections due to the Covid-19 pandemic, resulting in record levels of unsold stocks, according to the Moscow-based think tank Fashion Consulting Group . Some retailers were unable to sell half of their summer collections, which now ...
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ArticleObuv Rossii’s August sales rebound sharply
Obuv Rossii has enjoyed a strong rebound in sales. In August, the company’s revenues increased by 1.5 times compared to July and exceeded 1 billion rubles (€13.3m -$11.2m), achieving the highest monthly level this year. Its top line exceeded by 16 percent the average monthly revenues seen in the ...
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News briefs
Russian shoe market nearly 3 times larger than previously estimated
The recent introduction of mandatory tagging of footwear in Russia has shown that up to 1.3 billion pairs of shoes are sold in the country on average per year. This is nearly three times more than previous official estimates, said Denis Manturov, the Russian industry and trade minister The tagging ...
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News briefs
Gabor has 500,000 pairs in stock for autumn/winter season
Gabor has around 500,000 pairs of shoes in stock for the current autumn/winter season to enable retailers to reorder at short notice. Orders can be made continuously through the B2B online shop. Telephone orders are also possible.
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Santoni sees 2020 sales down by 20-30%
Santoni expects 2020 sales to drop by 20-30 percent from the €83 million posted in 2019 due the impact of the Covid-19 pandemic. The Italian brand of high-end shoes anticipates to resume growing in 2021 but the target of reaching an annual turnover of €100 million within a couple ...
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Tretorn reinforces its management team in its move to accelerate DTC shift
Tretorn , the Swedish footwear and outerwear brand, continues to reinforce its management team as it seeks to overhaul its business model and develop direct-to-consumer channels. In the summer of 2019, the company, which was established in 1891, appointed Magnus Månsson as its new chief executive. Before joining ...
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ArticleLGBTQ collections become mainstream for the fashion, sportswear industry
The LGBTQ (lesbian, gay, bisexual, transexual and queer) fashion market has been growing over the last decade. In recent years, an unprecedented number of mainstream brands have begun to release LGBTQ collections.
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News briefsAllbirds enters South Korea
Allbirds , the Californian brand of sustainable footwear, has entered the South Korea market. The brand was created in 2016 by Joey Zwillinger and Tim Brown with one model, the Wool Runner, which uses superfine merino wool from New Zealand. Allbirds said that it had planned ...
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ArticleMK Gruppe and Merkur Shoe Group join forces
The German purchasing groups MK Gruppe and Merkur Shoe Group have struck a deal to work together in a bid to tackle and respond to the changes in the footwear market through a shared strategy. The collaboration is set to start with the orders for the autumn/winter ...
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ArticleObuv Rossii parent launches capital hike to finance its development
OR PJSC , the parent company of the Russian footwear group Obuv Rossii , is planning to place additional shares worth 2.8 billion rubles (€31.7m-$37.4m) to finance the group’s development. The company is offering 28,264,000 new ordinary shares, which corresponds to 24 percent of the previously placed ordinary shares. ...
