Latest Headlines – Page 156
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Strong interest for Else’s personalization system
A start-up company, Else Corp, launched an experimental online platform for mass customization of shoes at theMicam show in Milan last month. It drew a lot of interest at the show for a number of reasons including a proposal to act as an open cloud-based platform that can be used ...
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ANWR and Sabu reorganize their in-house shows
The ANWR Group is again changing the dates of its next in-house order fairs for autumn 2018 and spring 2019 while extending the duration of the shows by one additional day. The ANWR Order show for autumn 2018 deliveries will take place one week earlier as planned, on March 14-16, immediately after ...
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Gallery Shoes had a good start
Many of the 500-odd brands that exhibited at the Gallery Shoes fair in Düsseldorf on Aug. 27-29 found that they had made a good investment in the new trade show, which was attended by around 9,200 professional visitors. The management of the fair had predicted between 8,000 and 10,000 visitors.The ...
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German retailers are embracing omni-channel
Pushed by the competition from pure players in the online space like Amazon and Zalando and by the new digital services offered by the two biggest cooperatives of independent shoes retailers, ANWR and Sabu, multi-channel retailers have gained a share of 25 percent in the German online market for shoes, ...
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Sports shoes lift German shoe exports
The latest federal trade statistics show a huge 25.1 percent increase in Germany's shoe exports to €2.79 billion for the first five months of this year as compared to the same period a year ago, when they went up by 11 percent. However, industry officials indicated that the boom in ...
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Zalando works with a U.S. sneaker retailer
Zalando has struck its first transatlantic retail alliance by extending its partnership program with retailers to a premium American retailer of sneakers and streetwear, Stadium Goods, which tends to offer the latest limited editions of hot products at its two physical stores in New York and on its website in ...
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Russians are rushing for sneakers
Sneakers and other types of sports shoes are rapidly replacing a large part of the classical footwear used in Russia, and this trend is expected to continue at least until 2020, according to several market studies and the local media.In the most recent selling season, this type of product accounted ...
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Deichmann invests internationally, online and offline
On the 25th anniversary of its entry into the Austrian market, Deichmann has restated its global ambitions. As reported in Shoe Intelligence in March, the company plans to invest €232 million this year in infrastructures at the international level, including logistics, information technology and e-commerce.At the anniversary event in Vienna, ...
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The HR Group consolidates logistics
The Hamm Reno Group has slashed its workforce by approximately 120 as part of ongoing restructuring efforts in the face of stiff competition from e-tailers. As reported in July, the group had already announced its decision to eliminate a redundant logistics structure by closing the distribution center at the company's ...
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Linda Bennett buys back her business
Linda Bennett has regained control over LK Bennett, the British women's footwear and apparel retail and wholesale company that she founded 27 years ago with a focus on accessible luxury. She has bought back the controlling stake she had sold to Phoenix Equity Partners and Serius Equity in 2007 in ...
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Vivarte’s La Halle is becoming a profitable business
The Vivarte group is targeting a turnover of €1.2 billion and Ebitda of €100 million by 2020 for La Halle, its restructured chain of low-cost apparel and footwear stores, which made an estimated loss of about €1 million on sales of €1 billion in the financial year ended last month.The ...
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A new anti-discounting program for Marc Shoes
Berkemann, the German producer of comfort shoes, has been struggling in various ways to turn around Marc Shoes since it acquired the brand six years ago. It has now decided to strike an interesting new partnership with its retail clients, called “New Ways,” offering to take back any merchandise they ...
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Jimmy Choo’s pre-tax profits jump by 174%
Jimmy Choo reported strong revenues and earnings for the six months to June 30, citing continued growth in sales and margins despite a challenging operating environment. The company benefited from the weak pound and a strong performance in the expanding men's category.Total revenues were up by 16.5 percent over the ...
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Prada posts poor results, ahead of its digitalization
The Prada Group announced a disappointing set of first-half results, sending the stock down by 14 percent on the day on the Hong Kong stock exchange, where it is listed. An investment broker, CLSA, downgraded the stock to “sell,” claiming that the group has been unable to ride the luxury ...
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Spanish shoe exports continue to drop in value
After falling in 2016, Spain's exports of footwear declined by a further 1.3 percent to €1,376.6 million in the first six months of 2016, due to a slight drop in the average export price. In terms of volume, they went up by 2.3 percent to 87 million pairs. Exports of ...
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Portuguese exports go up in value and volume
Shoe exports from Portugal rose by 6.4 percent in value and 7.0 percent in volume during the first half of 2017, going up to a level of 43 million pairs worth €960 million for the period. They are now covering 152 countries around the world.If the positive trend is confirmed ...
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Bangladesh has its first shoe show and big ambitions
The shoe and leathergoods industry of Bangladesh is organizing the country's first footwear trade show in November while the Bangladeshi government is considering the launch of a major program to promote the growth of the sector, which has been scoring encouraging advances on the export front in recent years.Bangladesh's footwear ...
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China’s Huajian will invest more in Africa
Huajian's chairman, Zhang Huarong, recently met with the director general of the United Nations International Development Organisation (Unido), Li Yong, who reportedly commended the big Chinese shoe manufacturing group for its contribution to industrial development in Africa.Huajian is working alongside Unido to promote technical education and training programs in Africa, ...
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The digital trend affects Genesco and others
The major American shoe retail chains posted mixed results for their latest quarter through the end of July, due in part to a quick shift in consumption patterns from traditional shopping in the malls to online purchases, which is benefiting pure players like Zappos and its parent company, Amazon. However, ...
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Famous Footwear pushes up Caleres’ revenues
Caleres' revenues grew by 8.7 percent to $677 million for its second quarter ended July 29, 2017, exceeding analysts' forecasts for sales of $668.9 million.This was partly due to the acquisition last December of Allen Edmonds, the American brand of high-end men's shoes, and to strong sales at the company's ...
