All Shoe Intelligence articles in Volume 13, Issue 12-13
View all stories from this issue.
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Article
More shoe production in the U.K.?
The highly publicized wedding between Prince William and Catherine Middleton, made Duchess of Cambridge, is certain to give a strong impulse to a recent “Buy British” trend in the U.K. market. Kate and members of her congregation decided to wear only British brands and British designers' fashion, from the late ...
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Article
Mellow Yellow moves into Russia
This rapidly expanding French brand of fashionable women's shoes has signed a master franchising deal with a Russian group, Benatex, that has committed itself to opening a new Mellow Yellow store every six months, starting with one in the prestigious new shopping mall due to open as part of the ...
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News briefs
Timberland said it will plant one tree in Haiti for...
Timberland said it will plant one tree in Haiti for every response to its “Virtual Forest” application on Facebook, up to a target of one million trees. Planting trees in the Dominican Republic, Beijing, Madrid and other locations is also part of the initiatives that will be taken by Timberland ...
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Article
Steven Madden ups profit guidance
After the release of first quarter results, Steven Madden confirmed that it expects full-year sales to rise by 20-22 percent and upgraded its earnings guidance by 1.5 percentage point to $2.03-2.10 per share, on a diluted basis, helped by improved prospects for the gross margin.In the first three months of ...
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Short stops
Grenson Shoes is launching a line of women's shoes for...
Grenson Shoes is launching a line of women's shoes for the fall/winter 2011-12 season
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Article
Geox’ sales pick up, profits slip
Geox's first-quarter sales rose by 3.7 percent to €345.4 million, slightly beating market expectations of about €343.0 million. At constant foreign exchange rates, sales were up by 3.1 percent. The group suffered from a drop in profitability, however, as it avoided passing on completely higher production costs for the spring/summer ...
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News briefs
Salvatore Ferragamo, which is readying itself for a listing on...
Salvatore Ferragamo, which is readying itself for a listing on the Milan stock exchange - unconfirmed reports indicate that it may float up to 25 percent of its equity - saw its net profit jump by 43.5 percent to €15.5 million in the first quarter of 2010. The turnover grew ...
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News briefs
HDS, the German shoe industry federation, has joined other organizations...
HDS, the German shoe industry federation, has joined other organizations and individual companies such as Adidas, Burberry, Lacoste and Nike in signing a memorandum of understanding supporting a proposal by the European Commission to strengthen the fight against the sale of counterfeit products over the internet.
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News briefs
Wolverine World Wide is making new inroads in Europe with...
Wolverine World Wide is making new inroads in Europe with its Wolverine brand. Bosum Trading is selling the Wolverine brand of classical, heritage and outdoor shoes in Germany, Austria and Switzerland exclusively under a new licensing and distribution agreement that took effect at the beginning of this year. The German ...
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News briefs
Piper, a private equity firm, has taken a minority stake...
Piper, a private equity firm, has taken a minority stake in Celtic Sheepskin, a footwear and clothing producer based in Cornwall, England. Celtic Sheepskin is a 20-year-old family-owned business that has annual sales of more than £8 million (€9.2m-$13.1m); it has grown by about 20 percent every year for the ...
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Short stops
Gant has indicated that it doesn't plan to extend its...
Gant has indicated that it doesn't plan to extend its footwear license with Selva Shoes, a subsidiary of Bos Group International, after its expiration at the end of 2014
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Article
Timberland’s sales disappoint
Timberland increased revenues by 10.1 percent to $349.0 million in the first quarter ended April 1, driven by Earthkeepers and Outdoor Adventure products. But this was significantly below market expectations for sales of more than $360 million.The gross margin declined to 46.8 percent from 49.8 percent. Product costs should continue ...
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Article
German industry deals with recruitment issue
HDS, the federation of the German footwear industry, is taking action to solve the problem of an increasing absence of qualified junior employees or trainees in the shoe industry. This problem will be getting even more important in the light of demographic changes. The German shoe industry counts currently about ...
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News briefs
FitFlop has an exclusive deal to market its Maryano range...
FitFlop has an exclusive deal to market its Maryano range of sandals through the Net-a-Porter website. Selling for £95 (€109-$155) per pair, the sandals are manually beaded by the women of a South African cooperative, Wola Nani, who suffer from HIV/AIDS. Net-a-Porter will donate 20 percent of the profits to ...
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Short stops
India's Future Group stresses that it has no connection with...
India's Future Group stresses that it has no connection with Pairs Retail India, which is the company that has a distribution and licensing agreement for the Indian market with Skechers
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News briefs
Yue Yuen Industrial and Luen Thai Holdings have come together...
Yue Yuen Industrial and Luen Thai Holdings have come together in a strategic alliance, called Yuen Thai Industrial Company, that will focus on developing sports apparel for the global market. It plans to become one of the world's biggest apparel suppliers in just a few years. Yue Yuen, the world's ...
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News briefs
Kickers has inaugurated a new store concept that combines shoes...
Kickers has inaugurated a new store concept that combines shoes and clothing in a space of 165 square meters on rue du Four in Paris. It is the sixth single-brand store of the French footwear brand, owned by Groupe Royer, which would like to open about 50 Kickers stores in ...
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Article
New collaborations for Nine West
Nine West is partnering up with some big names on its latest endeavors. It is joining with the designer Giles Deacon for its Shoelaborations development project, a medium intended to find talented designers and let them work with Nine West on a rotating basis. The first collection for this spring/summer ...
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Short stops
Clarks Originals is putting out a limited-edition line of desert...
Clarks Originals is putting out a limited-edition line of desert boots for women with a hand-knitted cuff in collaboration with Thistle & Broom, a Scottish manufacturer that uses wool yarn from the Isle of Mull
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Article
Two Russian shoe retail chains grow strongly
Footwear of Russia (English for Obuv Rossii), a Russian group comprising two retail chains and factory, finished last year with turnover of 1.586 billion rubles (€39.1m-$57.9m), 20 percent more than in 2009. Net profit rose by 10 percent to 100 million rubles (€2.5m-$3.7m).After investing 70 million rubles (€1.7m-$2.6m) in the ...
