Latest News Briefs – Page 202
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News briefs
Reef has announced the appointment of Mike Jensen as the...
Reef has announced the appointment of Mike Jensen as the new president of the beach lifestyle brand, effective from Feb. 1. Most recently, Jensen served as general manager and head of brand of DC Shoes, a division of Boardriders. He has previously worked at Asics, Spy, and Converse. Reef is ...
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News briefs
Timberland continues to hire new people in a bid to...
Timberland continues to hire new people in a bid to regain some momentum. As of Feb. 1, Chris McGrath is Timberland's new vice president of global footwear design, for men's, women's and children's footwear. He reports directly to Jim Pisani, the company's global brand president, and will be relocating from ...
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News briefs
A Chilean company, Forus, has acquired the right to distribute...
A Chilean company, Forus, has acquired the right to distribute Aldo in Uruguay. Specifically, Forus will be taking charge of the country's two Aldo stores, which operate in two different shopping malls in the capital of Montevideo. With this deal, Forus now controls the rights to some 35 brands and ...
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News briefs
Caprice, the German shoe brand and subsidiary of the Wortmann Group,...
Caprice, the German shoe brand and subsidiary of the Wortmann Group, which also owns the bigger and better-known Tamaris label, is expanding its presence in Eastern Europe. At the end of January, Caprice created a Ukrainian subsidiary, called Caprice Schuhproduktion, in the capital city of Kiev. A distribution company called Egle has ...
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News briefs
Ash Germany Distribution will be handling European distribution for the...
Ash Germany Distribution will be handling European distribution for the What For brand of casual shoes in autumn/winter 2019. The deal follows on the joint venture recently signed by the Max Group, parent company of the Italian-based Ash shoe brand, and Stella International Holdings Ltd., trademark owner of the What For ...
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News briefs
Payless ShoeSource has hired the investment bank PJ Solomon to...
Payless ShoeSource has hired the investment bank PJ Solomon to evaluate strategic options, including a sale or a restructuring program, said Reuters, citing sources close to the matter. The move comes less than 18 months after the American discount retail chain emerged from bankruptcy proceedings. As part of the debt ...
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News briefs
Treds, a multi-brand footwear retailer in the U.K. (not to...
Treds, a multi-brand footwear retailer in the U.K. (not to be confused with the U.S. maker of rubber footwear), has been placed in administration, a legal procedure similar to bankruptcy protection in the U.S. For now, Treds' 21 stores, e-tail site and staff of 165 will be carrying out business ...
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News briefs
Obuv Rossii Group, the big Russian footwear company, opened 48...
Obuv Rossii Group, the big Russian footwear company, opened 48 new franchise stores in Russia in 2018. Of these, 28 were opened in the fourth quarter under the S-tep and Lisette banners. By the end of the year, Obuv Rossii was operating 161 franchises and more than 700 outlets overall. ...
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News briefs
Sergio Rossi has signed a long-term lease with Thor Equities...
Sergio Rossi has signed a long-term lease with Thor Equities Group for some 2,000 square feet of retail space at 680 Madison Avenue in New York. The ground floor space has 25 feet of frontage on Madison Avenue.
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News briefs
Mirapodo, a German online store for footwear that belongs to the...
Mirapodo, a German online store for footwear that belongs to the Otto Group, will launch two new private brands of shoes for the spring/summer 2019 season. Mirapodo's first private brand, called Jolana & Fenena, launched in spring 2017 with 55 models. It has since been expanded to more than 250 models. ...
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News briefs
Since January, Schuhe24, the German-based online marketplace for independent shoe retailers,...
Since January, Schuhe24, the German-based online marketplace for independent shoe retailers, has been coming to the aid of physical shoe and fashion retailers with financial difficulties by offering interest-free liquidity support. It will also be expanding the range of its consultancy and advisory services in the future. Schuhe24 reports that some ...
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News briefs
After launching its first private label for women, called Franz...
After launching its first private label for women, called Franz Ferdinand, in September 2018 – in time for the spring/summer 2019 season – Schuhe24, the online marketplace for independent shoe retailers, has now opened its first brick-and-mortar store in Germany. The new Franz Ferdinand store is company-owned and located in the city ...
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News briefs
Vivarte, the mother company of a number of French retailers...
Vivarte, the mother company of a number of French retailers including La Halle, Caroll and Minelli, is being heavily affected by the yellow vests protests. Patrick Puy, Vivarte's chief executive, said in an interview with Europe 1, a French radio channel, on Jan. 30, that the loss in turnover for ...
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News briefs
Kat Maconie has opened her first store, ten years after...
Kat Maconie has opened her first store, ten years after launching her eponymous brand, in 2009. The first concept store of the British footwear designer is located in London, in the busy neighborhood of Bermondsey, best known for its converted warehouse buildings. The store's interior, designed by Emma Larsson Revitt, ...
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News briefs
Aeffe's revenues from footwear and leathergoods rose by 9.3 percent...
Aeffe's revenues from footwear and leathergoods rose by 9.3 percent in euros and in local currencies to €118.3 million in 2018. The Italian company, whose holdings include Pollini, raised its total consolidated revenues by 11.2 percent to €346.6 million, up by 10.9 percent at constant exchange rates. Sales through the ...
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News briefs
Vibram finished 2018 with sales of €190 million, up from...
Vibram finished 2018 with sales of €190 million, up from €173 million in 2017. The U.S. and Europe represented about 90 percent of revenues and Asia the remaining 10 percent, led by Japan and South Korea. The company generated €20 million from its innovative FiveFingers and Furoshiki footwear collections – ...
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News briefs
The number of bankruptcies in the shoe retail trade doubled...
The number of bankruptcies in the shoe retail trade doubled in Norway to 14 in 2018, as compared to the previous year. The highest concentration was in the center of Oslo, which saw six stores file for bankruptcy proceedings. The increase is quite high when compared to the retail industry ...
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News briefs
Italy's entire fashion industry – including apparel, footwear, leathergoods, jewelry...
Italy's entire fashion industry – including apparel, footwear, leathergoods, jewelry and eyewear – posted a 0.9 percent rise in sales to €95.7 billion last year, according to a preliminary estimate by Confindustria Moda, the new umbrella trade association for all the fashion-related sectors. Exports rose by 2.6 percent to €63.4 ...
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News briefs
Footwear accounts for almost half of online sales of luxury...
Footwear accounts for almost half of online sales of luxury fashion products in the U.S., according to NPD. The annual spend on shoes has reached $794, after growing at an annual average rate of 4 percent in recent years, with a purchase frequency of 1.6 times a year. Luxury apparel ...
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News briefs
According to the database of the European Clearing Center (ERIX), sales for the...
According to the database of the European Clearing Center (ERIX), sales for the German shoe retail industry were about 7.2 percent lower in 2018 than in the previous year. Germany, the largest and most open shoe market in Europe, booked a sales increase of 1.7 percent at retail in 2017, culminating in a ...
