All Distribution articles – Page 14
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ArticleGeox plans to return to pre-Covid sales levels in 2024
Geox expects to approach pre-Covid sales levels in 2024, when it plans to achieve sales of over €800 million compared with €806 million in 2019. The Italian footwear company anticipates to finish 2021 with sales above €600 million. The compound average growth rate (CAGR) between 2021 and 2024 is estimated ...
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ArticleGenesco sees supply chain problems lasting most of next year
Genesco’s operating margins have been hit by higher freight costs and it believes that supply chain disruptions will probably continue for most of next year. The strain on deliveries has helped reduce promotional activity but has also led to a depletion in inventories. During a conference call on the company’s ...
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ArticleKhadim India sees business returning to pre-Covid levels
Khadim India, a Kolkata-based manufacturer and retailer of footwear products and accessories, primarily in eastern and southern parts of India, expects its business to return to pre-Covid levels in the second half of its fiscal year ending on March 31, 2022. The top line recovery is underpinned by increased ...
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ArticleCCC Group plans to triple sales by 2025
The Polish footwear and apparel retailer CCC Group plans to triple revenues to over 20 billion zloty (€4.2bn-$4.8bn) in 2025 largely thanks to the development of its online business and of its newly launched off-price banner HalfPrice, as well as an increased presence in apparel and accessories. The share of ...
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Belarus may face a shoe shortage
Nike, Lamoda, Sportmaster and Detsky Mir have notified the Belarusian government about a possible suspension of shoe exports to the country due to problems with a local labelling system that was introduced on Nov. 1. The companies complained, in particular, about issues arising from the Belarusian monitoring system, which generates ...
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Adidas strikes a cautious note after a 3.4% sales hike in Q3
Adidas toned down its expectations for full-year sales and earnings as the company’s growth slowed in the third quarter due to supply chain disruptions, Covid-related lockdowns in Asia-Pacific and a “challenging” market environment in Greater China. In the quarter, Adidas saw its sales edge up by just 3.4 percent to ...
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ArticleEmerging designer: Arnaud Barboteau puts old tires back on the road
O.T.A. Paris, the brainchild of Arnaud Barboteau, was one of the 12 international up-and-coming footwear brands showcased on the Emerging Designers stand at the Micam footwear show at the Rho Fiera Milan fairgrounds from Sept. 19-21. Featuring soles made from redundant vehicle tires, O.T.A. Paris sneakers are distributed in 14 ...
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Pakerson sees 2021 sales up 25%
Pakerson, the Italian manufacturer of high-end men’s shoes, expects 2021 sales to rise by 25 percent after falling about 30 percent last year because of the impact of the outbreak of the Covid-19 pandemic. At the end of August, sales were up by 19 percent. The company generates 90 percent ...
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ArticleLloyd sees sales rebound, launches new biking shoe collection
The German shoemaker Lloyd Shoes is preparing the commercial launch of a new collection for e-bike riders heading to the office, as its own business starts to pick up after suffering from coronavirus-related lockdowns. Lloyd will begin selling the snap collection in early October in stores, including bicycle retailers, in ...
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Sugi is licensing Sergio Tacchini footwear for Europe
Sergio Tacchini Europe has signed a long-term licensing deal with Sugi International for the development, production and distribution of a new line of Sergio Tacchini footwear that will “significantly upgrade the quality and breadth” of the line, while expanding its distribution. The deal covers many countries in Europe, including Russia, ...
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Global supply chain disruptions to continue in 2022
The American parcel delivery company UPS expects supply chain problems to continue in 2022 after this year’s disruptions caused by the Covid-19 pandemic, but does not expect the situation to cause further significant increases in transport costs. “The logistics industry does not see 2022 as having any less disruption in ...
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Lotus picks A.P. Hallqvist as distributor for Scandinavia
The British brand Lotus, which was founded in 1759, has appointed A.P. Hallqvist as the official distributor of its footwear and bag collections in Sweden, Denmark, Norway and Finland. ”With roots in footwear manufacturing since 1874, A.P. Hallqvist is a well-suited partner to represent the oldest British footwear brand in ...
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ArticleDesigner Brands gains market share in athleisure, kids’ footwear
In the second quarter ended July 31, Designer Brands posted a 66.9 percent year-on-year increase in net sales to $817.3 million, with comparable sales up by 84.9 percent as it continues to focus on athleisure and kids’ footwear. The U.S. retail business posted an 83.5 percent increase in sales to ...
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Russian shoe firms intend to hike prices on rising costs
Russian footwear companies said that they plan to raise prices in the coming few months due to higher costs. Andrey Pavlov, the owner of the Russian footwear producer and retailer Zenden Group, explained that prices are being driven up by logistics costs and raw materials. Pavlov claimed that disruptions in ...
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Kenneth Cole in licensing deals with Eastman Footwear, Vida Shoes
The American fashion house Kenneth Cole has entered into licensing partnerships with Eastman Footwear Group and Vida Shoes International for men’s and women’s footwear. Beginning with spring 2022, Eastman will be responsible for the development, sourcing, production and sales of men’s shoes under the Kenneth Cole New York, Kenneth Cole ...
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Russian labeling causing problems for shoe imports
The mandatory labeling introduced by the Russian government for footwear is causing problems with imports, according to market participants. As foreign suppliers are not familiar with labeling rules, Russian importers have to print the labels and send them to their partners with clear instructions on how they must be used, ...
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Andrea Montelpare signs a 5-year license deal with Philipp Plein
The Italian shoe maker Andrea Montelpare has obtained a five-year license to create, produce and distribute worldwide children’s shoes under the Philipp Plein brand. The license agreement kicks off with the 2022 spring/summer collection. Based in Fermo, in the Italian region of the Marche, Andrea Montelpare specializes in luxury children’s ...
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Eobuwie.pl opens a new distribution center in Bucharest
Eobuwie.pl, an online retailer owned by the international Polish-based shoe manufacturer and retailer CCC, is opening a new logistics center in Bucharest to cover Romania, Bulgaria and Greece. The facility will have a storage capacity of 1.5 million pairs of shoes and the first shipments are scheduled for June ...
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Steve Madden takes full control of its European unit
Steve Madden has completed the acquisition of the 49.9 percent stake that it did not already own of its European joint venture. The subsidiary was formed in June 2016 and distributes Steve Madden-branded footwear and accessories to most countries throughout Europe. “Since its formation nearly five years ago, our European ...
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ArticleKering unveils new logistics hub in Italy
Kering has presented its new logistics hub located in Trecate, about 50 kilometers west of Milan in the province of Novara, and managed by XPO Logistics. The French luxury goods group said that it was its largest investment in Italy but without indicating the amount. The site is composed of ...
