Latest Headlines – Page 173
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New managers for Merrell and Royer
Rob Griffiths, 51, has been appointed by Wolverine Worldwide as the new general manager of Merrell for Europe, the Middle East and Africa (EMEA). After working for Stylo Instep, Ellesse, Umbro, Bench and Esprit, Griffiths joined Wolverine at the end of 2013 as vice president and general manager of its ...
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Kingmaker weighs retail pullout
Like the much larger Yue Yuen group, the Kingmaker Group is involved in the shoe manufacturing business as well as in retailing in China. Announcing a new management and a big drop in its shoe retailing sales, the Hong Kong-based company said it will review the retail business this year, ...
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Toms’ founder gets a special award
Blake Mycoskie, who founded Toms Shoes ten years ago, got the Cannes Lionheart award at this year's Cannes Lions International Festival of Creativity on June 25. Introduced in 2014, the award is given to personalities who use the strength of commercial brands to improve the livelihoods of disadvantages people and ...
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Shoe industry managers analyze Brexit’s consequences
While the dust was settling on the startling vote that the British people cast against remaining in the European Union on June 23, several decision-makers in the footwear sector responded to our invitation to outline the effects that it may have on their businesses.In general, they admitted that it is ...
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Atom buys Shoemaster + Molina & Bianchi
Italy's Atom Group announced in recent days agreements to acquire controlling interests or full ownership in two other major suppliers to the footwear industry, Molina & Bianchi and Shoemaster, in line with a strategy to integrate the various stages of the manufacturing process for a more automated shoe factory of ...
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New international structures for Aldo
Aldo Shoes has decided to drop its former territorial franchising and licensing system to develop its international store network, as it did not work out as it wanted. It is going for an omni-channel strategy in a bid to double its sales outside North American in the next few years, ...
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Shoe Zone suffers lower sales and profits
Shoe Zone saw pre-tax profit fall by 4.5 percent on an annualized basis to £1.9 million (€2.4m-$2.8m) in the six months ended April 2. Revenues dropped by 4.6 percent to £74.6 million (€95.2m-$108.6m). The budget footwear retailer attributed the decline in profit and revenues to the closure of loss-making stores, ...
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New Humanic concept for Germany
Leder & Schuh, which booked another loss in the past financial year, is further reorganizing its operations in Austria and Germany, where it is now concentrating on the Humanic and Shoe4You banners. According to Schuhkurier, the new management of the Austrian retail group has indicated that all other retail formats ...
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Sabu records lower centralized settlements
Sabu Schuh & Marketing, one of the major German voluntary groups for independent shoe retailers, announced at its annual general meeting, held on June 4 in Trier, that its centralized settlements fell by 7.2 percent to €329.7 million in 2015. The decline was mostly due to weak orders during the ...
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European online sales have grown by more than 13%
Online sales in Europe grew by 13.3 percent in 2015, reaching €455.3 billion. About 43 percent of Europeans now shop online, and only 16 percent of them have made cross-border purchases. According to E-commerce Europe, the European online sales confederation, which hosted its annual conference in Barcelona on May 30, ...
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Anatomic develops a “sociable shoe”
Anatomic & Co., the Brazilian brand of English-designed, comfortable men's shoes, is rebranding and repositioning itself as “the world's most sociable shoe.” Ghetz, the U.K.-based company that markets the line in Europe, the U.S. and other markets around the world, is going to offer an application that allows the wearer ...
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Ecco reshuffles top positions
Ecco decided to initiate a gradual generational handover of responsibilities in the executive board at its supervisory board meeting and its annual meeting last month. After being in charge of the big Danish group for almost 12 years, Dieter Kasprzak is handing over its day-to-day management to Steen Borgholm, and ...
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Birkenstock is upgrading all sales procedures
Birkenstock launched what a spokesman calls a “quality offensive” on the sales front at its international sales meeting in Dresden a few days ago, as it continues to move from a production-driven company to a market-driven brand.After investing tens of millions of euros on the product and the supply chain, ...
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Italy’s shoe industry is not recovering
Footwear consumption continued to decline in Italy during the first three months of this year, falling by 1.3 percent in volume and by 3.7 percent in value during the first three months. At the same time, 39 Italian shoe companies closed their doors and the number of employees placed on ...
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Spain exports less
After the considerable growth that they experienced in 2015, Spain's footwear exports declined in the first quarter of 2016 for the first time in four years. They went down by 0.5 percent in volume to 46.3 million, and at an even higher rate of 3 percent in value to €843 ...
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The authentic French “Charentaise” wants a place in the market
The three remaining French producers of the “Charentaise,” the typical felt slipper with a distinctive silhouette, made with the stitch-and-turn process and other artesanal methods in the Charente and Dordogne regions of France, applied last February to obtain a controlled label of origin for their locally made products, based on ...
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Carlo Pazolini may be close to bankruptcy
Alfa Bank has reportedly asked the Moscow arbitration court to formalize the bankruptcy of Carlo Pazolini. According to Vedomosti, a Russian business newspaper, the debt of the footwear retailer with the bank is estimated at around $50 million. The action was undertaken by the bank back in March against Anta, ...
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New management and record sales for Deckers
Deckers Brands announced that Dave Powers would succeed Angel Martinez as chief executive of the American group following Martinez' retirement, effective May 31, after a long career. Martinez was a co-founder of Keen. He acted as CEO of Rockport, chief marketing officer of Reebok and CEO of Keen before he ...
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Sugi starts licensing shoes
Sugi International, the big Chinese sourcing company run by Massimo Sinigaglia, started delivering last summer its first footwear collections developed under license with three big brands – Lamborghini, Lee Cooper and Lonsdale – and is about to launch another one with a brand whose name is being kept confidential.The new ...
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Athleisure drives Belle’s expansion
Comparable store sales declined by 16 percent at Belle International's footwear stores in China, but they grew by 5.5 percent at its sports stores in the first quarter ended May 31, confirming that the global athleisure trend is talking hold in the country.For its full financial year, ended in February, ...
