Latest Headlines – Page 144
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Unlimited Footwear Group sees 2018 sales up nearly 5%
Unlimited Footwear Group (UFG), the Dutch group based in Waalwijk best known for its Bullboxer brand, expects sales to increase by just below 5 percent this year, continuing the positive trend of the past, when they grew by 4.5 percent to €130 million.UFG achieves about 20 percent of its revenues ...
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Adidas challenges Rockport’s sale
A U.S. equity fund, Charlesbank Capital Partners, has emerged as the only bidder for most of the assets of the bankrupt Rockport Group, including its intellectual property rights for the Rockport, Aravon and Dunham brands, its sales operations in Europe and Asia and its other global wholesale and e-commerce businesses. ...
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Moreschi challenges YSL over prime retail space in Milan
Yves Saint Laurent outbid competitors to acquire an 18-year lease for an 82-square meter store in the Galleria Vittorio Emanuele, Milan's iconic shopping arcade, which faces the city's cathedal. But, it could now face a legal challenge from an Italian high-end shoemaker, Moreschi, and the world's largest eyewear manufacturer, Luxottica, ...
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A new plan for French slipper manufacturing
A new company, called La Manufacture Charentaise, has been started in France for the development, production and distribution of the typical “charentaise” slippers of four companies in the eponymous region: Rondinaud, Degorce, Laubuge and Ferrand. All four of them were more or less insolvent lately.Based at Rondinaud's factory at Rivière, ...
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Kurt Geiger moves into Germany
Kurt Geiger, the London-based shoe label, is expanding into the German market, launching its autumn/winter shoe collection in August with a few selected retailers. Pop-up stores are due to stay open for one month at the Breuninger stores in Stuttgart and Düsseldorf between August and September. The KaDeWe department store ...
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Lloyd goes more digital
Lloyd Shoes is supplying its retail customers with a new “endless aisle” through a digital B2B platform, called Fashion Cloud. Among other things, it allows them to check the availability of missing items from their stores in real time and to order them directly.The retail clients can also download visuals ...
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Sneakers and the internet drive the German shoe market
According to a study conducted by the Institute for Retail Research (IFH) in Cologne together with the BBE, the German consultancy for the retail industry, athletic footwear and canvas lifestyle shoes still represent the best-selling segment of the shoe industry. The study also confirms that the online retail business keeps growing, ...
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Italian shoe exports grew by 3.5% in 2017
Exports drove the Italian footwear sector in 2017, in an economic environment still characterized by both positive and negative features. Exports totaled 211.1 million pairs last year, representing a 2.5 percent increase versus 2016, for a total value which increased by 3.5 percent and reached €9.2 billion. It was the ...
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Spanish footwear is stable in value, but decreases in volume
According to the latest data by the Spanish footwear industry association (Fice), shoe production in Spain totaled nearly 98 million pairs and €2.004 billion in value in 2017. These figures represent a 4 percent drop in volume and an increase of 0.6 percent in value as compared to 2016. The ...
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Will Brazilian exports stop declining?
Brazil's shoe exports fell in the first half of the year by 6.7 percent in volume, from 59.36 million to 55.37 million pairs, and by 7.9 percent in value, from $528.7 million to $486.9 million. According to the Brazilian shoe manufacturers' association, Abicalçados, which presented these estimates, it is difficult ...
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Indian producers target the domestic market
The Indian domestic market is expected to grow to 4.5 billion pairs from 2.25 billion over the next five years, with consumption doubling to four pairs per person per year, according to data released by India's Council for Leather Exports (CLE). The average price per pair is expected to continue ...
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Virola International at the cutting edge
Virola International, the Indian shoemaker best known for its large OEM operations and its proprietary brands - Alberto Torresi for the domestic market and Stressless for the international market - has introduced robotic cutting into the production process for its leather shoes.The cutting machines installed at the company's facilities in ...
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Obuv Rossii invests in a Siberian EVA factory
Obuv Rossii, the big Russian shoe manufacturer and retailer that recently went public, plans to invest 760 million rubles (€10m-$12m) to start a new factory at Linevo, a village in the province of Novosibirsk, focusing on the production of EVA footwear. The product range will include rubber sandals, clogs and ...
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Uzbekistan sets sights on the leather shoe industry
The manufacture of leather shoes in Uzbekistan is set to double its production in the next two years from last year's level of 17 million pairs, according a development program recently adopted for the industry by the government of this former Soviet country, headed up by Shavkat Mirziyoyev since February ...
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Ukraine’s shoe manufacturers sell more at home and abroad
In 2017, Ukrainian factories released 24.5 million pairs of shoes, up by 5.2 per cent as compared to 2016, while imports into the country declined by 1.9 per cent to 48.8 million pairs. Ukraine's shoe manufacturers have been taking advantage of the devaluation of the national currency over the past ...
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Stella performs well in Europe
Stella International's branded business had a strong performance in Europe in the second quarter, with retail sales in the region growing by 25.0 percent to $4.0 million. The Hong Kong-based company launched Stella Luna in Europe in 2012 and followed up two years later with a more casual brand, What ...
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Italy looks at the new generations
The young people working in Italian family businesses are contributing growth ideas and opportunities to the sector. This is the main finding of a study conducted by Assocalzaturifici in collaboration with LIUC Business School based in Castellanza, in Italy's region of Lombardy. The results of the study, entitled “Family businesses? ...
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3D design and pattern making skills will be in high demand
A company survey conducted as part of the “Digital TCLF 2025” project, within the framework of the “Erasmus+” EU program, has confirmed the importance of digital jobs in the Textile, Clothing, Leather and Footwear (TCLF) sectors as well as the need to bridge the digital skills gap in these sectors. ...
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Vivarte has found new owners for Besson
The French Vivarte group, which has already sold Merkal, André and other retail chains, has entered exclusive negotiations for the sale of Besson Chaussures, a profitable chain of 133 suburban low-priced shoe stores that sold nearly 13 million pairs in 2017, generating revenues of €264 million.The future owners of Besson ...
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Hamm Reno buys an online shoe retailer
The Hamm Reno Group has acquired a majority stake in Surf4shoes, a German-based online retailer of branded footwear in the medium price segment, offering brands like Tamaris, Bugatti, Rieker, Geox and Mustang, which recorded total sales of about €30 million last year. The move, which has been cleared by anti-trust ...
