Latest News Briefs – Page 216
-
News briefs
Jimmy Choo posted sales of $172.7 million in the three...
Jimmy Choo posted sales of $172.7 million in the three months ended June 30, beating the financial analysts' average consensus that they would reach $143.6 million and resulting in an operating profit of $16.1 million. Michael Kors Holdings, which bought the brand last year, gave no comparative figures for the ...
-
News briefs
Kurt Geiger is targeting total sales of more than £370...
Kurt Geiger is targeting total sales of more than £370 million (€414.4m-$469.9m) this year, according to Footwear News. For the U.K.-based luxury shoe company, which was taken over by Cinven at the beginning of 2016 for £245 million (€274.4m-$311.2m), that would compare with a turnover of £330 million for the ...
-
News briefs
Rieker continues to lead the German market for comfort and...
Rieker continues to lead the German market for comfort and wellness shoes. According to a study conducted by the European Clearing Center in behalf of Schuhkurier, Rieker had a 15.4 percent share in this market segment in terms of value for the sell-out of the spring/summer 2018 season, up from ...
-
News briefs
A similar ranking commissioned by Schuhkurier for children's shoes confirms...
A similar ranking commissioned by Schuhkurier for children's shoes confirms Superfit at the top with a market share of 33.8 percent of the German market for the spring/summer 2018 season in the “little children” category, up from 32.4 percent a year earlier. The Austrian brand was followed in this category ...
-
News briefs
Asics Europe made headway with the Onitsuka Tiger brand, which...
Asics Europe made headway with the Onitsuka Tiger brand, which raised its sales by 41 percent for the six months. Asics organized a partnership with Foot Patrol and an event at the Paris Fashion Week to celebrate the popular Gel Saga shoe, along with projects with Kiko Kostadinov, the fashion ...
-
News briefs
Non-performance sneakers, also known as “athleisure” footwear, is now driving...
Non-performance sneakers, also known as “athleisure” footwear, is now driving growth in the sports leisure category in the U.S., according to NPD's Footwear Insights report for the second quarter of the year. Leisure sneakers - which include sport lifestyle and boots — saw sales increase by 7 percent to $2.9 ...
-
News briefs
The Indian government has reduced its new nationwide Goods &...
The Indian government has reduced its new nationwide Goods & Services Tax (GST) on certain products in the fashion, textile and beauty sectors, including relatively inexpensive shoes. The GST on footwear sold at a price of under 1,000 rupees (€12.6m-$14.3m) will be lowered from 18 to 5 percent. More expensive ...
-
News briefs
Bata is launching a new limited edition of a legendary...
Bata is launching a new limited edition of a legendary sneaker that it had developed in 1977 for John Wooden, the only person who has ever been inducted into the Hall of Fame for the game of basketball in the U.S. as both a player and a coach. Named after ...
-
News briefs
Converse is set for a global launch of a capsule...
Converse is set for a global launch of a capsule collection of unisex sneakers, apparel and accessories for children and adults featuring the iconic characters of Hello Kitty. The Japanese characters will appear on three vintage shoe styles: the Chuck Taylor All Star, the Church 70 and the One Star. ...
-
News briefs
The Indian footwear manufacturer Superhouse plans to boost sales of...
The Indian footwear manufacturer Superhouse plans to boost sales of its Silver Street London brand to 500,000 pairs in three years from 100,000 currently. The brand was created in 2016 and is directed at the U.K. market. The development of the brand is managed by the group's British subsidiary and ...
-
News briefs
Vans has partnered with the Van Gogh Museum in Amsterdam...
Vans has partnered with the Van Gogh Museum in Amsterdam on a capsule collection that incorporates elements from Van Gogh's paintings. These elements are integrated into Vans products including the Classic Slip-On, Old Skool, and Authentic shoes, as well as hoodies, tees, backpacks, bombers and hats. Each footwear model features ...
-
News briefs
Birkenstock will tell a series of “Birkenstories” through its digital...
Birkenstock will tell a series of “Birkenstories” through its digital channels during the coming autumn/winter season. The campaign will focus on seven German and national personalities to portray the diversity and authenticity of the brand. The British photograph Jack Davison has travelled around the world to take pictures of them ...
-
News briefs
Micam, the world's leading footwear exhibition held in Milan twice...
Micam, the world's leading footwear exhibition held in Milan twice a year, has decided to stage for the first time a consumer event for sneaker fans, targeting millennials, in 2019. Inspired by sneaker conventions like the Complexcon festival in Los Angeles or Atlanta's KixFair, Micam's “Plug-Mi, The Sneakers Culture Experience” ...
-
News briefs
Due to be held in Düsseldorf on Sept. 2-4, the...
Due to be held in Düsseldorf on Sept. 2-4, the new Gallery Shoes trade show will allocate more space to international brands. It will also feature a catwalk show in a new Fashion Lifestyle Corner in the Premium area of the fair, “powered by Marc Cain,” where Högl and Peter ...
-
News briefs
Inescop, the Spanish Technological Institute for Footwear and Related Industries,...
Inescop, the Spanish Technological Institute for Footwear and Related Industries, has announced a new research project to find safer and more sustainable materials for use in children's shoes. The financial support for the project, which amounts to €2 million, is provided by the Valencian Institute for Business Competitiveness (IVACE), with ...
-
News briefs
Guido Fluri, the former majority shareholder of Pasito-Fricker, the Swiss shoe...
Guido Fluri, the former majority shareholder of Pasito-Fricker, the Swiss shoe retailer previously owned by Görtz, recently sold the majority of his shares to various unnamed private investors. Pasito runs 25 stores in the German-speaking part of Switzerland and in Tessin, the Italian-speaking part of the country. Fluri acquired the Swiss ...
-
News briefs
Pavers has acquired Herring Shoes, a family-run e-tailer that sells...
Pavers has acquired Herring Shoes, a family-run e-tailer that sells shoes developed by high-end English manufacturers, focusing on men's footwear. The financial terms of the deal have not been disclosed. The acquisition is meant to allow Pavers to broaden its online expertise and international reach. Herring, based in Devon, will ...
-
News briefs
In a strategic move intended to boost its wholesale operations,...
In a strategic move intended to boost its wholesale operations, Caleres has acquired a controlling interest in Blowfish Malibu, an original, 13-year-old Californian brand of lifestyle footwear that had revenues of $27 million in the last 12 months. The terms of the deal were not disclosed but Caleres said it ...
-
News briefs
Zeis Excelsa, the Italian shoe company behind brands such as...
Zeis Excelsa, the Italian shoe company behind brands such as Dirk Bikkembergs, Cult, Docksteps and Virtus, has been given preliminary bankruptcy protection from creditors by a court in Fermo. It has been time until Aug. 6 to confirm the bankruptcy proceedings or to present a debt restructuring plan. Controlled by ...
-
News briefs
Ferragamo Finanziaria, the holding company of the Ferragamo family, sold...
Ferragamo Finanziaria, the holding company of the Ferragamo family, sold a 3.5 percent stake, or 5.9 million shares, in Salvatore Ferragamo through an accelerated book-building process managed by Goldman Sachs. The shares were sold at €23.25 each, representing a discount on the closing price of €24.53 established on the day ...
