All Distribution articles – Page 4
-
News briefs
Skechers acquires Scandinavian distributor
Skechers has signed an agreement to acquire its existing Scandinavian distributor, Sports Connection Holding ApS. Sports Connection’s business includes 58 existing Skechers retail locations, several e-commerce solutions and more than 1600 wholesale customers. The company was established in Denmark in 1994 and has been Skechers’ exclusive distributor in the Nordic ...
-
ArticleKazakh shoe prices set to rise due to mandatory labeling
Mandatory origin labeling of shoes came into force in Kazakhstan on April 1, despite criticisms by small retailers. Market players had urged the authorities to delay the reform, which has already been postponed for almost a year, or to make the labelling voluntary.In the last week of March, a significant ...
-
ArticleHow Spanish espadrille makers expect to bank on their holy city’s jubilee
In 2024, Caravaca de la Cruz, the fifth holy city of Catholic Christianity with Rome, Jerusalem, Santiago de Compostela and Camaleño, will be celebrating a jubilee year that is expected to attract more than a million pilgrims and tourists. As part of the event, local shoe makers have launched a ...
-
ArticleRussia’s retailer Paolo Conte goes bankrupt
A Russian court has declared St. Petersburg-based footwear retailer Paolo Conte bankrupt, sparking concern over the future of small-scale players in the country. Paolo Conte operated 81 stores and was ranked sixth in the list of the largest mid-priced footwear retailers in Russia. The company started facing financial difficulties in ...
-
News briefs
Snipes invests in a new logistic center
The sports and lifestyle retailer Snipes is building a new service and logistics center in Bedburg, Germany, in order to be positioned for the planned expansion of the company. The construction is the largest logistics investment ever made by the sneaker and streetwear retailer. According to the company, Snipes is ...
-
ArticleDesigner Brands buys Keds from Wolverine Worldwide
Wolverine Worldwide has sold Keds, which it acquired in 2012 as part of its $1,249.5 million acquisition of the assets of the former Performance Lifestyle Group (PLG), for $83.6 million to the North American retailer Designer Brands Inc. The sale also includes the Pro-Keds athleisure brand and Keds’ e-commerce business. ...
-
News briefs
Nov.ita to distribute Fubuki in Italy
Nov.ita has announced that it will distribute the Japanese winter boots brand Fubuki in Italy. Based in Turin, Nov.ita is already the Italian distributor for Camelbak and Buff, among other brands. Fubuki was founded in 2019 in Niseko, Japan, by Kalle Norman and Christofer Ljunggren. The brand is currently sold ...
-
News briefs
Kazakhstan could face a sharp increase in footwear prices
New labelling rules are expected to lift the retail prices of shoes on the Kazakh market by 30 percent in 2023, a group of importers told the local publication Caravan. Kazakhstan introduced mandatory digital labelling of footwear on Nov. 1, 2021, but let retailers sell unlabeled shoes during a transition ...
-
ArticleC-Suite interview: NeroGiardini aims to double in three years its sales from the Covid-19 trough
After three difficult years, that led to a significant reduction in sales, NeroGiardini is focusing on new markets to sell its wholly Italian made footwear. This year the Italian company will be entering the South Korean market.
-
ArticleHotter Shoes’ parent issues profits warning after ‘disappointing’ H2
Unbound Group, the British company that owns Hotter Shoes, has issued a profits warning and said it would review operations after a weaker second half. The company, which focuses on the over 55-year-old customer demographic, expects to report an adjusted pre-tax loss for the year to Feb. 5 of £4.25-4.75 ...
-
ArticleC-Suite interview: Producers and retailers have to work together to prosper
In a wide-ranging interview, Bart van Helvoirt, the co-founder and CEO of Unlimited Footwear Group (UFG), outlines his views on the overall economic situation, the evolution of the supply chain and the shifting relationship between shoe makers, resellers and end users. Before discussing about your company and ...
-
ArticleDune London is enjoying strong international growth
Dune London claims that it is enjoying “significant growth” in its international sales which now represent 26 percent of the total top line thanks to a network of 131 franchise stores as well as 48 European stores and concessions. Dune London said that its recent online collaboration with Nordstrom and ...
-
ArticleChinese brands eye the Russian market
Numerous Chinese brands plan to enter the Russian market, eyeing the empty space left by Western companies, the Russian newspaper Izvestia reported, citing sources in the Russian Union of Shopping Centers. At the end of 2022, Chinese companies already accounted for 15 to 20 percent of the shopping floor in ...
-
ArticleCopenhagen launches in France
The German footwear and accessories brand Copenhagen Studios is entering the French market. After Denmark, Sweden, Norway, the Netherlands, Belgium, Austria, Switzerland and Italy, France is the ninth European market in which the label will expand its distribution network. From January this year, the label’s fall/winter 2023 collection will ...
-
Article
Bos Group obtains the Scotch & Soda footwear license
Bos Group International is taking over the footwear license of Scotch & Soda, following the termination of the Dutch brand’s previous agreement with HS Footwear GmbH, which is part of Osnabrück-based Hamm Group. Peter Frericks will become the head of global sales and brand manager for Scotch & Soda at ...
-
ArticleLanvin Group’s roller coaster market debut
Shares in Lanvin Group, the Chinese luxury goods group that owns the Italian shoemaker Sergio Rossi, plummeted about 25 percent on their market debut on the New York Stock Exchange, but the stock recovered most of its lost ground the following day. Lanvin’s flotation stems from the merger with Primavera ...
-
ArticleGenesco cuts earnings guidance after ‘sluggish’ start to November sales
Genesco cut its guidance for earnings and tightened expectations for revenues in the full year ending in February 2023, as it took a more conservative approach after beginning the fourth quarter in November with a “sluggish” sales performance and stepping up promotional activity to attract bargain-conscious consumers. Genesco now forecasts ...
-
ArticleNevada attracts footwear distribution centers
Over the past year, several distribution center projects have been announced in Nevada by companies working in the footwear industry, according to Footwear Distributors and Retailers of America (FDRA). The announcements include a 730,000 square foot site by Crocs, a 450,000 square foot facility by Footlocker, a 788,000 square foot ...
-
News briefsClarks recalls womens shoes over toxic chemical warning
Clarks launched a global recall of eight styles of the Breeze and Brinkley womens shoes after tests found they contained toxins. The shoes are all navy or dark navy-blue coloured and introduced for the spring/summer 2022 season. The British brand noted that ”not all styles would have been sold in ...
-
ArticleSteve Madden cuts full-year guidance on order intake
Steve Madden reported third-quarter results in line with market expectations but slightly reduced its full-year guidance due to a slowdown in orders. In the period ended Sept. 30, the company posted a 5.3 percent increase in revenues year-over-year to $556.6 million. Sales for the wholesale business increased by 8.1 percent ...
