Latest Headlines – Page 180
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Tamara Mellon wins a case which might save her eponymous brand
Tamara Mellon, the former chief creative officer of Jimmy Choo, has won a case against a trio of British investors who had backed her new fashion business, Tamara Mellon Brand (TMB). The co-founder of Carphone Warehouse, David Ross, Icap's boss Michael Spencer and Lord Marland, the former Tory trade minister, ...
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Mixed figures from the German market
The German footwear industry recorded a 0.9 percent increase in total sales to €2.4 billion in the first eleven months of 2015, as compared to the same period of the previous year, said HDS/L, the German shoe and leathergoods industry's association, at this week's GDS fair in Düsseldorf. While its ...
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Birkenstock cancels order stop
The moratorium on new orders that was announced by Birkenstock on Oct. 30 last year was formally lifted at the start of the GDS show in Düsseldorf. From last November to this February, Birkenstock stopped taking orders for any of its products, due to bottlenecks in the supply chain.Birkenstock again ...
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Gabor and Camel Active record lower sales
Gabor Shoes has reported a 4.9 percent decrease in its sales to €393 million for 2015, including the wholesale-equivalent sales of its licensees. In terms of volume, the company delivered a total of 9.5 million pairs of shoes in 2015, down by 2.1 percent as compared to the previous year. ...
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Lloyd expands internationally
Lloyd Shoes signed an exclusive distribution contract for ten years with Kingwood in China two weeks ago. Kingwood, which is also the exclusive Chinese distributor for Gabor, Sioux and Zilli, a French luxury brand, will also be taking care of sales in Hong Kong and Macau for the German shoe ...
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Skechers is driven by international sales
Sales grew by 27 percent to $722.7 million in the fourth quarter of 2015 for Skechers USA, leading to a 34.3 percent increase in net earnings to $29.5 million for the period. However, the company indicated that it had an increase of only about 8 percent in its wholesale revenues ...
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Toms Shoes on a growth path in Europe
Toms Shoes, a brand that has won strong recognition among consumers worldwide because of its One-for-One policy of giving an extra pair of shoes or eyeglasses to people in need for each one that is bought, achieved an increase of its total sales by 35-40 percent in Europe last year, ...
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New trade pacts will boost shoe trade with Vietnam
Representatives from the 12 countries participating in the Trans-Pacific Partnership (TPP) signed an agreement in principle to implement it in Auckland, New Zealand on Feb. 4. The deal is meant to lead to the elimination of duties on all products made and traded within the region, including the U.S. and ...
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Stella closes its Dongguan plant
Stella International Holdings is closing its large factory in Dongguan, which employs some 10,000 workers, at the end of this month, due to rising labor costs. The plant has been making mainly women's shoes for brands like Prada, Rockport and Nike. The Chinese producer will move most of the production ...
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Many shoe brands at a good fashion week in Berlin
The Berlin Fashion Week, which ran on Jan. 19-21, was said to have been a successful platform for retailers and manufacturers to meet around the new autumn/winter 2016/17 collections. The absence of Bread & Butter gave a boost to the other trade shows in town.The Premium trade show welcomed a ...
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Zalando will stage its Berlin festival in September
Zalando, which bought the bankrupt Bread & Butter trade show in Berlin last June, says it will stage the first consumer-oriented B&B show on Sept. 2-4 at Arena Berlin, where the Bright and Seek trade shows were held last month. Zalando was looking for a new site for its fashion ...
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The UITIC convention in Chennai was a success
The 19th International Technical Footwear Congress of the International Union of Shoe Industry Technicians (UITIC), which took place in Chennai on Feb. 3-5, attracted a record of 560 delegates from 28 countries, and around 170 of them came from outside India. The foreign contingent was twice as high as that ...
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Leder & Schuh sells 54 German stores to Kienast
We had already reported on the desire expressed by Leder & Schuh, the Austrian parent company of Humanic and Stiefelkönig, to divest its lower-priced Shoe4You and Jello chains of shoes stores. Today, the company announced that the Kienast group, one of the largest and most successful German shoe retailers, has ...
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Talks reported for bankrupt Scapino
At least three companies are reportedly holding talks about the takeover of Scapino, the large Dutch shoe retailer that was declared bankrupt last Friday. While Scapino stores remain open, a spokesman for the receivers confirmed that they were holding talks with interested parties to obtain a rapid relaunch for the ...
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Lower results at Shoe Zone
The planned shutdown of loss-making stores and difficult trading conditions in the U.K in the first part of its financial year led Shoe Zone to post a 3.5 percent decline in revenues to £166.8 million (€220.2m-$240.0m) in the 52 weeks ended on Oct. 3. The drop came in spite of ...
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U.S. shoe retailers perform better than expected
Shoe Carnival surprised financial analysts by announcing a 2.9 percent sales increase on a comparable store basis for the fourth quarter ended Jan. 2, in spite of warm weather conditions in many parts of the U.S. Athletic, skate and canvas shoes performed particularly well. The retailer, which had already reported ...
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Tod’s will own Roger Vivier
The minority shareholders of Tod's gave an almost unanimous approval to a proposed capital increase of €200.5 million, paving the way for its acquisition of the prestigious Roger Vivier brand and its flagship store in Paris from the family of Diego Della Valle, which controls Tod's through a holding company ...
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New boss and new plans for Sergio Rossi
Sergio Rossi has a new chief executive, Andrea Morante, following the completion of the sale of the luxury women's shoe company by Kering to Investindustrial, the Italian investment company run by Andrea Bonomi (see our previous issue). Morante has been running Pomellato for six years. He was also a minority ...
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New boss for Dr. Martens in the U.S.
Leslie Lane is leaving as chief executive of Dakine, the American sports lifestyle brand, after two and a half years in the post, to become president of Dr. Martens for the U.S. and the Americas on Jan. 28, replacing Bob Bradford. He will be based in Portland, Oregon, reporting to ...
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Kenneth Cole returns to Europe
Kenneth Cole Productions has signed a three-year distribution contract with a new Dutch-based company, LF Brands, for the sale of its Kenneth Cole New York and Women's Gentle Souls line in seven European countries: Germany, Austria, Switzerland, France, Belgium, the Netherlands and Luxembourg.LF Brands will present the collections at the ...
