Shoe Intelligence Executive Edition: Vol. 25 - 23+24
EU to ban the destruction of unsold clothing and footwear | CEC elects Rosana Perán as president | German retailers expect a weak Christmas shopping season | Dr. Martens cuts its guidance as it continues to struggle in the U.S. | Coats’ sales trends improve in H2 | Jimmy Choo’s sales fall on weaker consumer demand | Golden Goose’s revenues rise by 19% in the first nine months | Geox’s store rationalization ‘almost’ completed | Tod’s’ sales growth stalls in Q3 | Pollini’s sales growth turns negative | A new acquisition for Tre Zeta Group | How an Italian shoe maker is dealing with the change of aspirations of its workers | Birkenstock pays down its debt | Austrian children’s shoe manufacturer Richter files for bankruptcy | Russia’s footwear imports rise sharply | Caleres sees Famous Footwear sales continuing decline in Q4, growth at Brand Portfolio | Genesco sees promotional activity driving sales, pressuring margins in Q4 | Shoe Carnival sees Q4 comparable sales down 9-12%, cuts FY guidance after disappointing Q3 | Wolverine lowers outlook as overhaul moves forward | Warson to provide occupational footwear under Roxy, DC brands | Manitobah appoints a new CEO | Stuart Weitzman sales drop on lower off-price shipments, slower recovery in China | Allbirds sees Q4 sales down by 15-22% | Steve Madden enjoys strong growth in Europe | Weyco expects another sales decline in Q4 | Below-average order rates continue to impact Yue Yuen | Arezzo sales up 13% in Q3 despite lower shoe, handbag volumes | Veldskoen Shoes diversifies into the travel industry
Shoe Intelligence Executive Edition: Vol. 25 - 21+22
Italy shoe making is attracting investments but faces labor constraints | First Italian companies ready for ESG certification under trade association’s aegis | How Serafini is relaunching itself after exiting creditor protection | Hermès could consider investments in Italian shoe, fashion suppliers | Prada’s footwear sales slow down sharply in Q3 | Ferragamo misses sales expecations in Q3 | Nice Footwear FY sales up 43.1% | Salamander and Klauser find a new owner | Deichmann names a new head of brand & licensing and ends the Onygo brand | ANWR and Sabu maintain their trade fair pattern “for the time being” | Shoe Zone’s FY revenues rise 6.1% | FitFlop picks Bleckmann as its logistics partner | Frasers to acquire SportScheck in Germany | CCC Group posts softer sales in Q3 led by the CCC and eobuwie banners | Russia mulls creating footwear clusters to boost local production | Skechers raises full-year earnings guidance as DTC continues to bolster Q3 sales gains | Skechers wins EU-wide injuction against Dockers by Gerli | Deckers raises full-year guidance again, plans to divest Sanuk | Caleres to leverage lead brands to resume growth in 2024 after September sales disappoint | VF drops guidance, launches turnaround plan | Crocs taking steps to reset Heydude business | Rocky Brands margins, profits rise in Q3 despite 15% sales decline | Boot Barn cuts guidance as sales continue to soften through October | Aldo in licensing agreement with ABG’s Roxy brand | World Shoe opens a shoe factory in Ghana | Brazilian shoemakers are relying on domestic demand to grow | Stella benefits from demand for premium categories | The Chinese brand Zuliz opens its first store abroad | Zalando cuts its full-year guidance for GMV, revenues | Spartoo’s H1 sales decline but earnings improve | Primark expected to grow sales and earnings in 2024
Shoe Intelligence Executive Edition: Vol. 25 - 19+20
The attendance at Micam and its sister fairs rises by 21% | Italian shoemakers suffer a sharp slowdown in Q2 | Main footwear producing countries suffer sharp falls in exports | Brazil’s footwear exports continue to decline | Birkenstock valued up to $9.2bn in IPO | C & J Clark International hit by post-Covid supply issues, but group results step ahead | Reno completes partial restructuring but creditors’ claims triple | Leder & Schuh reports strong increase in sales for 2022 | Tod’s’ operating profits beat expectations | Russian online retailer Lamoda plans to open 300 physical stores | Designer Brands sees tailwinds from Nike sales, ‘softer’ comps as economic pressures continue | How a Malaysian shoemaker is hedging the China risk and trying to expand in the US and Europe | Coats Footwear joins forces with Lenzing | Huntsman launches a liquid thermoplastic polyurethane for midsoles with framas | Jungheinrich takes over the robotics firm Magazino | Zalando tops the ranking of European fashion e-tailers | Boohoo cuts its sales guidance | Asos lowers guidance as wet summer hits UK sales | China becoming more challenging for foreign investors - AmCham Shanghai
Shoe Intelligence Executive Edition: Vol. 25 - 17+18
Indian footwear sector revenues seen up 11% driven by higher prices | How after a stellar 2022, Spanish shoemakers are facing a challenging environment | How Turkey is still benefiting from Covid-19 reshoring, even if some production has returned to the Far East | Sergio Rossi boosts H1 sales | Ferragamo’s sales weakness expected to continue until Q4 | Russian footwear retailer Kotofey speeds up expansion program | Baozun to buy 51% stake in Hunter’s IP in Greater China, Southeast Asia | Wolverine sells Hush Puppies IP in China, Hong Kong, Macau, divests U.S. leather business | Stella improves its operating margins in H1 | Soft global footwear demand continues to impact Yue Yuen | Caleres maintains guidance as profits increase in Q2 despite ‘choppy’ market | Wolverine’s new CEO to spearhead turnaround as Q2 results tumble | Steve Madden’s expects an improvement in H2 after Q2 sales fall 17% | Schuh shines for Genesco in Q2, but company retains ‘cautious’ FY view | Shoe Carnival cuts guidance again but makes inroads among higher-income customers | Weyco posts higher profit, margin despite lower Q2 sales | Tapestry to buy Capri in a deal worth $8.5bn | Foot Locker suspends dividend payments amid falling sales | Boot Barn’s Q1 sales rise, beating the company’s forecast | KYX re-emerges as a platform for secondhand sneakers | Grendene is optimistic about H2 despite a weak Q2 | Arezzo continues to book record sales | Frasers increases its stakes in Boohoo and Asos | Next hikes stake in Reiss to 72%