Latest Headlines – Page 192
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The Micam sees 3.8% drop in attendance
The world's largest shoe exhibition, which ended in Milan on Wednesday, suffered a 3.8 percent decline in the total number of visitors to a total of 32,112 people as compared to a year ago, when theMicam was still held during the month of March.One of the reasons for the drop ...
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The GDS feels it has done the right things
The organizers of the GDS and Tag it! trade shows in Düsseldorf declined once more to provide attendance figures for the session held on Feb. 4-6, but said that there was a slight increase in the number of visitors as compared to last summer's edition, when earlier dates were introduced ...
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The Italian shoe industry consolidates
Italy's shoe production declined by 2.5 percent to 197.1 million pairs in 2014, according to an estimate published by the Italian industry association, Assocalzaturifici, on the eve of theMicam, the big trade show that opened in Milan on Feb. 15. At 3.5 percent, the rate of decline was particularly strong ...
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A good 2014 in Germany
A 12.9 percent sales increase in the domestic market to €1,915 million allowed German shoe companies to raise their total turnover by 8.8 percent to €2,518 million in 2014, according to the German shoe and leathergoods industry federation, HDS/L. However, the industry's sales abroad dropped by 2.4 percent to €617.4 ...
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Portuguese exports grow by 8%
Portugal's shoe exports went up by 8 percent in value last year to €1,869.8 million, according to the country's shoe industry association, Apiccaps. They increased by 7 percent in the rest of the European Union and by 12 percent elsewhere, including a 51 percent increase in the Americas.As usual, the ...
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Zalando moves into the black for the year
Zalando announced a few days ago that it made an annual operating profit at group level for the first time last year, and not only in Germany where it had already become profitable before. The news sent Zalando's quotation on the stock exchange up sharply, opening at €23.72 in early ...
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Deichmann grows more abroad than in Germany
The Deichmann group has reported a 6 percent increase in its global revenues to €4.9 billion for the past year, with same-store sales rising by 2.1 percent. Total net sales reached €4.2 billion. In terms of volume, its stores around the world, which grew from about 3,500 to 3,600 - ...
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ANWR grows strongly
After breaking new sales records in 2014, the ANWR Group, Europe's largest buying group for shoe retailers, plans to intensify the development of omni-channel retailing and efforts to draw more consumers to its affiliated stores.The management of the group is particularly pleased with the results of new initiatives involving a ...
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Poor Dutch market affects Macintosh and other retailers
A highly competitive and declining market in the Benelux countries has led to the insolvency of two major Dutch shoe retailers, House of Shoes and Schoenenreus, which had already gone bankrupt two years ago. House of Shoes, which had been voted by Dutch consumers as best shoe retailer four years ...
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Shoe Zone doubles profits on lower sales
Pre-tax earnings jumped by 124 percent to £11.4 million (€15.1m-$17.2m) at Shoe Zone, the biggest value-priced shoe retailer in the U.K., in the financial year ended last Oct. 4. Shoe Zone went public on the Aim counter of the London Stock Exchange last May, as reported, indicating plans to expand ...
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Kurt Geiger will offer kids’ shoes
Kurt Geiger has announced plans to get into the children's footwear market for the first time. According to reports by Drapers, the kids' debut collection is set to launch in autumn/winter 2015. The new junior line will include mini versions of some of Geiger's classics and innovative shoes, which have ...
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Many offers for Bata’s French stores
According to the French media, a former executive of Bata, Eram, Vivarte and a big British sports and fashion retailer, JD Sports Fashion, are among a dozen candidates that have made firm bids for the acquisition of some of the 136 stores of Bata France, which filed for insolvency last ...
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E-commerce platforms will be more unified
Zalando is offering to host British brands and retailers on its own e-commerce platform, displaying and selling their stock and handling orders, payments, returns and customer care. Guest brands and retailers must provide free delivery and offer free returns within 100 days.Zalando is already hosting more than 170 brands and ...
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Iconix buys into Pony
Iconix Brand Group, the rapidly expanding American brand licensing company, has acquired the North American rights to the Pony brand in partnership with Anthony L&S Athletics for $37 million from its owner, Symphony Holdings of Hong Kong.The rights will be managed by a new company in which Iconix and AL&S ...
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Adidas sells Rockport to New Balance and co.
New Balance will form a new company with Berkshire Partners that will take over The Rockport Company from the Adidas Group. The new company will also acquire the Drydock Footwear business of New Balance, which comprises its three main brands of casual and comfort shoes: Aravon, Dunham and Cobb Hill.We ...
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Bruno Magli will move to New York
Confirming a definitive agreement for the takeover of the Bruno Magli brand and related intellectual property assets through Marquee Brands, a sponsored fund created last September as a vehicle for new acquisitions, the Neuberger Berman Group said that the Italian brand will move its head office from Italy to New ...
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Ferragamo’ FY sales up 5.9%, lifted by Q4
Salvatore Ferragamo finished 2014 with a 5.9 percent increase in sales to €1,332 million, thanks to a 9.3 percent increase in the fourth quarter. At constant currency rates, the top line rose by 6.5 percent for the full year and by 7.7 percent for the quarter. The group's revenues were ...
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Tod’s’ sales recover in Q4, full year in line with 2012, 2013
Tod's enjoyed a rebound in its sales during the fourth quarter, rising by 4.5 percent to about €225 million and enabling the Italian group to finish the 2014 financial year with a turnover of €965.6 million, roughly in line with 2013 and 2012. Compared with 2013, full-year sales fell by ...
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Deckers disappoints analysts
Deckers Brands' share price tumbled by 19.7 percent after the company published lower than expected financial results for the third quarter ended Dec. 31 and reduced its own expectations for the full financial year. The stronger dollar and soft sales of Classic Ugg styles in October and November were cited ...
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Wolverine reports on sales acceleration
Nine of the 16 brands in Wolverine Worldwide's portfolio delivered double-digit sales increases in the fourth quarter of 2014, led by Chaco, which is adding closed-toe footwear. Sperry Top-Sider recovered in the quarter, posting a high single-digit gain. These and other tidbits were given by the group's management a few ...
