All Short stops articles – Page 115
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Short stops
Skechers projects a doubling in the sales of its fashion...
Skechers projects a doubling in the sales of its fashion brands this year to $100 million with the recent addition of the Kitson and Zoo York labels. The company’s niche fashion brands, such as Michelle K, 310 Motoring and Mark Nason, generated triple-digit sales growth in the quarter, contributing to ...
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Silvano Lattanzi, the maker of customized shoes from the Marche...
Silvano Lattanzi, the maker of customized shoes from the Marche region of Italy, has bought a similar workshop in Rome, Calzoleria Gatto, for a reported €4 million. The two brands will continue to operate separately. Lattanzi, who has been adding more women’s and sports models to his classical men’s shoes, ...
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Per Thelin, the current chief executive of MT Owner, has...
Per Thelin, the current chief executive of MT Owner, has been designated as the new CEO of Wedins, the embattled Swedish shoe retailing group, starting next Aug. 1. Controlled by Jacques Vert from the UK, MT Owner is a Swedish company that owns the Tenson and Meka brands. Hans Johansson, ...
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Rick White has resigned as chief executive officer and president...
Rick White has resigned as chief executive officer and president of Phoenix Footwear to pursue entrepreneurial interests, but he will remain a consultant to the company. Jim Riedman will fill White’s former duties while the company looks for a replacement. Separately, the company has appointed Prasad Reddy as executive vice ...
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Short stops
Pentland Group has hired Charles Dallain as vice president of...
Pentland Group has hired Charles Dallain as vice president of international sales, based in Santa Barbara, California. The first task of this Canadian executive will be to set up an international distribution network for Medium, the U.S. brand recently acquired by Pentland. A former international sales manager of Brooks, Dallain ...
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Bridgepoint Capital, the private equity firm that controls Faith, has...
Bridgepoint Capital, the private equity firm that controls Faith, has confirmed that it has pumped fresh money into the business after the British shoe retailer was severely hit by several months of weak sales. The cash flow problem was chiefly caused by large excess inventories of boots and by untimely ...
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Brantano has warned investors that it did not perform well...
Brantano has warned investors that it did not perform well in its 1st quarter. For the full year, the company projects revenues of €314 million, compared with €304.1 million in 2005, and it indicates that it may be difficult to match the operating result of 2005, which stood at €7.1 ...
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Sixty Group, a bigger company in the Marche region which...
Sixty Group, a bigger company in the Marche region which had a turnover of €650 million in 2005, plans to open its first children’s store in Pescara, near its headquarters. It will sell the children’s wear and footwear that it markets under four of its brands – Energie, Miss Sixty, ...
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Stride Rite’s children’s shoe stores got the best mark in...
Stride Rite’s children’s shoe stores got the best mark in a survey conducted by RealPeopleRatings.com involving 5,952 persons who shopped anonymously at shoe stores in the USA and rated them for service on a scale of 1-10, with 10 being the highest score. Stride Rite got a note of 7.51. ...
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Pamela Harper, who has most recently been executive vice president...
Pamela Harper, who has most recently been executive vice president of the global accessories and shoes business at Burberry, is set to join Lambert Howarth as chief executive next month, replacing Garry Hogarth after a tough period for the British shoe company. In the 2005, the company’s revenues dropped by ...
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Short stops
In line with its turnaround efforts, RG Barry reduced its...
In line with its turnaround efforts, RG Barry reduced its loss in the 1st quarter by 87.7 percent to $111,000. Revenues were up by 1 percent to $17.16 million. Lower sales in Europe offset an increase in turnover of 4 percent in North America. The American slippers company has named ...
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Weakness in its sandal business hurt Bakers Footwear in the...
Weakness in its sandal business hurt Bakers Footwear in the 1st quarter of 2006. The American retailer’s organic sales dropped by 0.8 percent, but net sales grew by 10.8 percent to $49.8 million. The company opened 12 new stores were opened under a new format during the period, giving Bakers ...
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FIAM, the new association of Italian footwear, jewelry and eyewear...
FIAM, the new association of Italian footwear, jewelry and eyewear manufacturers, is recruiting small and medium-sized companies to have a presence in a collective showroom due to be opened in Shanghai by 2007, charging €20,000 a year. Exports of Italian-made fashion accessories reached €15.06 billion in 2005, or 1.4 percent ...
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Arici, Centro and Italmoda, the three simultaneous end-of-season shoe shows...
Arici, Centro and Italmoda, the three simultaneous end-of-season shoe shows held in Paris on March 26-28, welcomed a total of 1,723 visitors in their new premises in Vincennes’ Botanical Garden. They accommodated 264 exhibitors, 39 percent more than at their former location, occupying some 12,000 square meters. The agents who ...
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The board of Ariston-Nord-West-Ring has decided to appoint a finance...
The board of Ariston-Nord-West-Ring has decided to appoint a finance manager to assist the chief executive of the buying group, Joachim Siebert. The new executive is Matthias Grevener, 43, who has occupied a similar position at CEAG since August 2002, after gathering experience in various executive functions at Mannesmann. Meanwhile, ...
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ANCI, the Italian shoe industry association, is considering the organization...
ANCI, the Italian shoe industry association, is considering the organization of a special edition of its Moda Made in Italy fair in Hamburg or Berlin for the Northern European market, but it has not made any decision on that yet, indicating that there will be no action on this project ...
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A French court is investigating allegations of fraud in connection...
A French court is investigating allegations of fraud in connection with the liquidation last August of Stéphane Kélian Production, the manufacturing subsidiary of the high-end footwear brand by the same name, suspecting that funds were illicitly transferred to private interests before it closed down its factory in Romans. The court ...
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Morgan Stanley and Annex Capital have completed the acquisition of...
Morgan Stanley and Annex Capital have completed the acquisition of Ploucquet, the German group that owns Sympatex Technologies and Outlast Europe, from 40 heirs of the Ploucquet family. As reported, the company’s head office has been moved to Munich under the management of Gerhard Havranek. Meanwhile Sympatex has threatened legal ...
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More than 60 new exhibitors have signed up to participate...
More than 60 new exhibitors have signed up to participate for the first time in the WSA show, booking space in the Aug. 1-4 edition. The newcomers to the main show include companies and brands like Izod Footwear, Jenkel International, Kitson, La Sportiva, Pirelli Footwear and Springboost. For the more ...
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Karl Vögele, which now has 358 shoes shops in Switzerland...
Karl Vögele, which now has 358 shoes shops in Switzerland and Austria, has acquired majority control of Chaussures Gillon-Rey, a chain based in Lausanne. It will only keep 8 of its 10 stores, renaming them as Vögele Shoes. Last year the company had taken over another Swiss chain of 12 ...
