Latest Headlines – Page 159
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New owners for Apple Shoes
Guy and Yvon Rautureau have sold their company, Rautureau Apple Shoes, to a group of investors after running it for 47 years. The two brothers and their children, Virginie and Maxime, are leaving the company, which will be run by Véronique Makarian, an experienced industry professional who has worked for ...
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J.B. Martin falls into receivership
J.B. Martin, another well-known, medium-sized French shoe company, was placed in receivership on June 28 by the Paris Tribunal de Commerce in view of the possible sale of the entire business or parts of it by Alter Finance, a French investment firm that took it over in 1986. The court ...
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MBT switches to distributors in Central Europe
Experienced industry officials have set up new distribution companies in Germany, Austria and Switzerland to take over sales of MBT shoes from the German and Swiss subsidiaries of Masai Distribution, the Singapore-based subsidiary of Star 360 that bought the global assets of the former Swiss-based Masai group in 2012.Oliver Fischer, ...
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Birkenstock expands its presence in Asia
Birkenstock wants to expand further internationally and get closer to the markets where it is experiencing growth. Most recently, Birkenstock increased its presence in Asia, opening new company-owned stores in China, starting with two stores in Shanghai in April and May. It recently launched its first online store in Japan, ...
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Birkenstock launches a travelling store, physically and digitally
Birkenstock has added a new twist to the notion of pop-up stores by launching a “ship-around-the-world” that consists of a big wooden box. The Birkenstock Box is basically a freight container that has been converted into an unusual upmarket retail space. Retail partners can adopt it temporarily, furnishing the interior ...
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Giesswein launches new merino sneaker line with crowdfunding
Giesswein, the Austrian manufacturer that is known for its colorful slippers and hats, launched its first collection of outdoor shoes through a crowdfunding campaign. Since the beginning of the campaign in February, Giesswein has sold about 1,000 pairs of its new collection of sneakers, made with merino wool.The campaign cost ...
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More management changes at Hunter
A couple of top executives are leaving Hunter Boots, starting with Niall Sloan, who will join Escada as its new global design director in August, replacing Daniel Wingate who left at the beginning of the year. Sloan worked as design director at Hunter, for four years and oversaw the design ...
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Easier shoe exports to Japan and Canada from the EU
Leaders of the European Union and Japan signed an agreement in principle on July 6 for a free trade agreement (FTA) that would create the world's largest economic zone, representing about 30 percent of the world's GDP.and 40 percent of world trade.The European Commission had been discussing an FTA with ...
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Spanish producers expect good business in Japan
The announcement of the agreement with Japan is particularly good news for shoe exporters from Italy, Spain and other European countries. It coincided with the organization of the latest Shoes from Spain exhibition in Tokyo, where the number of participating firms went up by 20 percent to 30, as compared ...
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Brexit could favor EU labels of origin
The impending departure of Britain from the European Union could pave the way for the introduction of compulsory “Made In” labels on the continent. The Italian footwear manufacturers' association, Assocalzaturifici, sent a delegation to the European Parliament in Brussels at the end of May to lobby for the initiative in ...
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Italy’s shoe industry is slowly recovering
The turnover of the Italian footwear industry grew by 5 percent in value and by 2 percent in volume in the first quarter of the year, but the figures are still considerably lower than in 2013, when they were 50 percent higher in value and 40 percent higher in volume. ...
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Get ready for Milan XL
Milan XL is the name chosen to describe a big festival of Italian creativity that will accompany theMicam, Mipel and the runway shows of Milano Moda Donna in the context of the Milan Fashion Week between Sept. 16 and 26.With help from the Italian government, the Italian shoe industry association, ...
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Announcing higher exports, Assomac launches its Green Label
Assomac, the association of Italian suppliers of machinery and technology for the tanning industry and for manufacturers of shoes and leathergoods, said revenues in 2016 recorded a 7.2 percent increase as compared to 2015, reaching €625 million. Sales were driven by exports, which were up by 8.2 percent and accounted ...
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Igedo will concentrate on its Düsseldorf shows
Igedo will concentrate in the future on only two trade shows – the Gallery Fashion show for apparel, which will take place in Düsseldorf at the end of July, and Gallery Shoes. Messe Düsseldorf, which dropped its former GDS shoe show earlier this year, has in fact agreed to sell ...
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German buyers dominate at a quiet Berlin Fashion Week
An increased number of trade shows were organized during the Berlin Fashion Week that took place from July 4-6, including a couple of children's wear shows, but only some of them dealt with sports brands. Visitor figures were not published. They were more than 200,000 at the winter edition of ...
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India bans cattle sales
The Indian government decided on May 30 to impose a countrywide ban on the sale of beef cattle for slaughtering purposes across state and national borders, creating a storm in the country's leather and footwear industry, which generates annual revenues of $13 billion. It is also imposing a $200 fine ...
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J&F may have to sell Alpargatas
J&F Investimentos, the largest private conglomerate in Brazil, is said to be on the verge of selling Alpargatas, the parent company of Havaianas and the licensee of Mizuno in Brazil and Argentina, to help one of its own shareholders, Joesley Batista, his brother Wesley and four other executives to pay ...
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Doubts about Cambodia’s export growth
With a total combined value of $7.3 billion, footwear and garments remained the most important export items for Cambodia last year, although the growth rate declined to 7.2 percent. According to the most recent bulletin published by the International Labor Organization (ILO), this followed increases of 10.7 percent in 2014 ...
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Spanish shoe exports stabilize
After the unusual decline in value that they suffered in 2016, Spain's footwear exports dropped by only 1.02 percent to €834 million. Like last year, they carried lower average prices than before, as the total volume went up by 3.4 percent to 48 million pairs during the period.Average export prices ...
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Shoe Zone suffers from the weak pound
Shoe Zone, the U.K.'s biggest discount shoe retailer, saw revenues and profits drop in the six months ended 1 April due to the devaluation of sterling and continued store closures. As a result, it offered a cautious outlook for the remainder of the year.Sales declined by 2.3 percent over the ...
