Latest Headlines – Page 134
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Alpargatas ends the year on a high
Driven by the strong performance of Havaianas in Brazil and a 29.3 percent increase in the brand's international operations, Alpargatas' profitability surged in the fourth quarter of 2018. The Brazilian group benefited from favorable exchange rates overall, with the notable exception of Argentina, which is facing an economic crisis.Alpargatas' consolidated ...
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Micam becomes more selective
The Milan trade show, which ran from Feb 10 to 13, closed with over 43,000 visitors, in terms of daily entrances, compared with 44,227 in the February edition of 2018. However in terms of individual entries, this edition registered a 2.5 percent increase as a higher number of Italians more ...
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Asian manufacturers flock to Milan
A new trade show for Asian shoe producers will take place in Milan at the same time as Expo Riva Schuh in Riva del Garda on June 15-18, more or less coinciding with the menswear shows in Milan, which will run from June 15 to 18. Called Misaf for Milan ...
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CEC kicks off with a new Erasmus program
The European Confederation of Footwear Industry (CEC) has announced the start-up of a new research project under the European Erasmus+SciELD program entitled “Footwear in the 21st century: New skills for the design of drastically improved comfort, sustainable, fashion-oriented and scientifically-led footwear products,” which aims to find new methods of assessing ...
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Mixed trade figures from Italy’s footwear sector
The latest available trade statistics show that Italy's footwear exports grew by 3.9 percent in value during the first ten months of 2018, while dropping in volume by 6.4 percent. The country exported a total of 176.4 million pairs priced at nearly €8.1 billion during the period. The average export ...
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Production and consumption go down
After growing by 1.6 percent in 2017, Italy's shoe production contracted by around 2.6 percent to around 186 million pairs in 2018, according to the usual survey conducted by Assocalzaturifici before the Micam trade show in Milan, with a more serious decline of 4 percent in the second half of ...
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The latest on CCC, HR Group and Leder & Schuh
From now on – according to Schuhkurier, the German trade magazine – the German-based Hamm-Reno Group will be running the Galeria Inno department stores in Belgium, including their shoe retail spaces. Galeria Inno is a subsidiary of Galeria Kaufhauf, with 16 stores in Belgium. As previously reported, the HR Group closed ...
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ANWR grows by 2%
In 2018, retailers all over Europe affiliated with Germany's ANWR Group saw their retail sales in the footwear, sports and leathergoods sectors increase by 2 percent to €2.8 billion. While the footwear sector recorded a decline of 1.2 percent to €1.6 billion, Sport 2000 continued its positive international development with growth ...
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Sabu records stable revenues, but members’ sales drop by 3.6 %
Sabu Schuh & Marketing, one of the major German voluntary groups for independent shoe retailers, announced that its centralized settlements dipped from €317.8 million in 2017 to €317 million in 2018. The buying group from Heilbronn currently counts 700 affiliated retailers with 1,150 points of sale and total retail sales ...
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Vivarte goes ahead with La Halle merger
Vivarte took a step further in the improvement of the group's efficiency with a formal merger of La Halle's two brands, La Halle Mode et Accessoires (Fashion and Accessories) and La Halle Chaussures et Maroquinerie (Shoes and Leather goods) – effective Jan. 1, 2019.The management said the merger has no ...
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UFG has ambitious plans in big data analysis
Unlimited Footwear Group (UFG), the Dutch firm that sells shoes under the BullBoxer, Rehab Footwear, Gaastra and Supertrash brands and has licenses for Björn Borg, NZA New Zealand Auckland and Levi's footwear, has ambitious plans to develop big data analysis.UFG claims to have successfully developed a business-to-consumer (B2C) e-commerce platform ...
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Sioux and We Want Shoes initiate video orders
Sioux, the German company best known for its comfortable moccasins, has established a partnership with We Want Shoes, the German brand marketing and networking platform. For the autumn/winter 2019 order season, the two companies have launched a pilot project to allow manufacturers to present their shoes in videos.Sioux has already ...
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Amazon launches pop-up stores in Europe
What is happening to the big e-tailers? After the recent profit warnings of Asos and Zalando, the two biggest sharks in the pond, Alibaba and Amazon, have just put out discouraging figures. Both companies, which operate big marketplaces for sporting goods and many other products in their respective territories, have ...
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China slowdown weighs on Alibaba’s sales
Alibaba Group Holding's revenues for its third fiscal quarter, ended on Dec. 31, grew at their weakest pace in four years, weighed by a slowing Chinese economy, which is being attributed to the ongoing trade war with the U.S.The Chinese e-tailer's sales increased by 41 percent from the year-ago quarter ...
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Skechers passes the $1 billion quarterly mark
Fueled by its uninterrupted international growth, Skechers has reported a sales increase of 11.4 percent to $1,080.8 million for the fourth quarter ended on Dec. 31, including a gain of 13.7 percent in local currencies. While the company's total wholesale and retail sales outside the U.S. went up by 17.9 ...
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Ugg and Hoka send Deckers higher
Deckers Brands' management said it was essentially one year ahead of its strategic plan as the company saw its overall sales jump by 7.8 percent in the third quarter of its financial year. They reached $873.8 million in the three months ended on Dec. 31.The quarter is particularly important for ...
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British women prefer trainers and flat shoes
A recent survey has suggested that stiletto heels may become a thing of the past as British women increasingly opt for trainers, not just in their everyday speedy life but also for evenings out. The survey, which was conducted by Deichmann on nearly 2,000 British adults, showed that 36 percent ...
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Ferragamo’s disappointing sales raise questions
Judging from the recent financial reports of Salvatore Ferragamo and Tod's (see the subsequent article in this issue), serious questions should probably be raised about the sustainability of their business model. While opening new mono-brand stores and diversifying into leathergoods, apparel and other products, their image and their core business ...
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Tod’s posts disappointing Q4 sales, fueling doubts
Tod's posted disappointing sales in the fourth quarter, missing market expectations by about €8 million, and failing to deliver on its promise of a relaunch in the second half of 2018 thanks to investments in manufacturing, products and the digital platform.For the full year, the top line dropped by 2.4 ...
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Hogan is up, footwear is flat
By brands, the group's full-year sales were off by 3.3 percent to €498.6 million for Tod's, with currency-neutral revenues down by 1.2 percent. The brand achieved “good results” in the Americas and Asia, while Europe was affected by lower purchases by tourists and political and economic uncertainties in Italy.Sales under ...
