Latest Headlines – Page 140
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Caleres buys Vionic
Caleres, the parent company of the Famous Footwear chain previously called Brown Shoe Company, continues to make acquisitions in the brands segment of its business, this time adding a proprietary comfort technology that will be integrated into its product design, brand development and global sourcing infrastructure.The latest prey is the ...
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DSW and Authentic Brands will acquire Camuto Group
The Authentic Brands Group (ABG), the acquisitive American brand management company, has announced a definitive agreement to acquire a majority stake in the Camuto Group in a $375 million deal, in partnership with DSW, one of the largest shoe retail chains in the U.S. The interesting and complex transaction, which ...
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Kendall + Kylie shoes move from Marc Fisher to Pajar Canada
Pajar Canada has taken on the footwear license for two well-known American fashion and TV celebrities, the sisters Kendall and Kylie Jenner, who are part of the ubiquitous Kardashian family clan. Pajar obtained the global rights for Kendall + Kylie footwear from its previous licensee, Marc Fisher Footwear, last month, ...
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Foreign markets drive Skechers to new heights
Skechers USA has seen its shares rise by as much as 8 percent after posting profits that beat estimates. Although the footwear maker's net income fell by 1.7 percent from the year-ago quarter to $90.7 million, this was significantly higher than the level anticipated by Wall Street. Investors also welcomed ...
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New management for Pikolinos
Pikolinos has a new general manager, Manel Jadraque, who previously served as an adviser to the Spanish family-owned shoe company, which has been led for the past couple of years by Juan Manuel Peràn and other members of his family. Jadraque takes the place of Georges Bassoul after six years ...
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Mixed data for Spanish shoe exports
Spain's footwear exports grew by 1.2 percent in value in the first six months of this year, reaching €1,393.5 million. The country's trade deficit in the sector, which had first emerged in the first half of 2017 (Shoe Intelligence Vol. 19 N° 17+18 of Sept. 14, 2017), was slightly reduced ...
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Italy’s exports grow faster than expected
Italy's shoe production declined by an estimated 1.2 percent during the first half of this year, according to the country's shoe industry association, Assocalzaturifici. While the Italian households' consumption retreated by 1.6 percent during the period, the country's shoe exports went up by 4.0 percent in terms of value.Exports declined ...
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Alberto Guardiani shuts down, Aldo Bruè seeks bankruptcy protection
Alberto Guardiani, a well-known Italian label of men's shoes positioned in the medium-high level of the market, is going out of business, while Aldo Bruè, another men's footwear specialist from the Marche region of Italy, which took over a license for the Bruno Magli brand last year, is seeking to ...
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Serafini sees light at the end of the tunnel
Serafini, one of the first Italian shoe manufacturers to have come out with classical sneakers, is apparently coming out of a difficult period, after completing a cleanup of its domestic distribution network to reposition the brand toward more upmarket retailers.Avoiding the stylish excesses of new Italian sneaker brands such as ...
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DIS – an Italian €400,000 crowdfunding project
An Italian startup, Design Italian Shoes (DIS), has launched a €400,000 capital increase through a crowdfunding campaign using the Mamacrowd platform to finance various projects including the launch of a women's collection and of a mobile phone application to scan one's feet.The capital increase may be extended to up to ...
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Po-Zu is moving to the next level
An older shoe company, Po-Zu went through a successful round of crowdfunding earlier this year, raising more than it expected on the strength of its persistent message of sustainability. Sven Segal, who founded the company in 2006, says he is very happy that this message is finally beginning to resonate ...
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Argentina’s shoe industry is in trouble
Faced with a disastrous situation in the country's shoe industry, the Argentinian government has decided to lower import duties on certain raw materials need to make shoes from 35 percent to 15 percent.According to Cueroamerica, the production of the sector has declined by more than 20 percent over the past ...
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Brazil exports less, targets China
Brazil's footwear exports declined by 10.7 percent in volume and by 12.0 percent in value in the first nine months of 2018. They went down to 78.9 million pairs worth $700 million, despite the ongoing devaluation of the local currency against the dollar.Higher exports to Argentina, which became the biggest ...
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More Chinese and U.S. visitors at Micam
The world's largest footwear trade show closed its 86th edition last month with a total of 45,424 visitors, slightly down from the levels of September 2017, but up from last February, when Micam Milano coincided with the Chinese New Year.The numbers supplied by the organizers show a 4.3 percent increase ...
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Naples will host the World Footwear Congress
The 20 national shoe industry associations that form the Confederation of the European Footwear Industry (CEC) have agreed to hold next year's World Footwear Congress in Italy, the country with the largest and most sophisticated production apparatus on the continent. Micam, the world's largest footwear trade show, will be the ...
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Momad Shoes becomes ShoesRoom by Momad
Spain's national shoe show, Momad Shoes, will be changing its format and venue. Somewhat like Gallery Shoes, the new German shoe show that has replaced the big GDS, the future Spanish shoe show will feature smaller, simpler and less expensive modular stands. Like the new show in Düsseldorf, it will ...
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Berlin fairs reposition themselves, look abroad
Premium, the trade show for fashion, footwear and accessories that is an important component of the Berlin Fashion Week, is restructuring its layout and developing its first initiatives abroad under its new ownership.Among other initiatives, the Premium Exhibition Group has acquired a minority share in the New York-based Liberty Fairs ...
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Is the sneaker boom going to last?
More than 80 percent of the German people aged 25 to 44 stated that they are wearing sneakers, according to the German arm of YouGov, a market research institute, which conducted a survey on this popular product among 3,873 people aged 18 and over in the country.Interestingly, however, the ratio ...
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Russia’s biggest shoe producer boosts output
Unichel, which ranks as the biggest shoe manufacturing company in Russia, is targeting the production of 2,150,000 pairs of shoes this year, 9 percent up as compared to last year, thanks to contracts signed with new wholesale buyers from Russia and Kazakhstan.In response to a growing demand for injection-molded footwear, ...
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Kering plans to move some logistic staff from Switzerland to Italy
Kering has announced that its Luxury Goods International (LGI) subsidiary will move about 150 of its employees from the Cadempino headquarters in Switzerland to the facilities of individual brands or other group offices in Italy within the first half of 2019. LGI is the Swiss-based company that manages the distribution ...
