All Shoe Intelligence articles in Volume 13, Issue 12-13 – Page 3
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News briefs
LK Bennett has assigned Odgers Berndston as recruitment agent to...
LK Bennett has assigned Odgers Berndston as recruitment agent to find a new chief executive to replace Margaret McDonald, who left the British shoe retail company in April 2010, after 18 months in the job. Robert Bensoussan, the former chief executive of Jimmy Choo who owns LK Bennett together with ...
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News briefs
After six months in the position, Randolf Friedel is leaving...
After six months in the position, Randolf Friedel is leaving as one of the two general managers of Quick Schuh, the German discount-oriented chain of shoe shops franchised by Ariston-Nord-West-Ring. A statement says he resigned due to divergent opinions about the company's general orientation. The other general manager, Jochen Obrecht, ...
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Short stops
Bally has reopened its flagship store in Lugano, Switzerland, after...
Bally has reopened its flagship store in Lugano, Switzerland, after a renovation
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Article
R.G. Barry books slight loss after acquisitions
R.G. Barry Corp. booked a loss of $42,000 in the third quarter ended on April 2 after accounting for $900,000 in costs related to the acquisitions of Foot Petals and Baggallini. A year ago, the company registered a net profit of $539,000.The company's revenues fell by 9 percent to $20.1 ...
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Short stops
Iconix, owner of Candie's and many other brands, has acquired...
Iconix, owner of Candie's and many other brands, has acquired a 75 percent stake in the company that has the global rights to the Ed Hardy brand name
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News briefs
Men find women who wear high-heeled shoes sexy in 94...
Men find women who wear high-heeled shoes sexy in 94 percent of the cases, judging from a survey of 1,088 persons made by Women's Health magazine, and 81 percent say they are excited when they look at them. However, 53 percent of the men feel pity about high-heeled women. Another ...
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Article
Heelys sees a 7.6% decline
Sales continued to shrink for this American supplier of wheeled footwear in the first quarter of this year, both in the U.S. and abroad, for several reasons. Overall, they fell by 7.6 percent to a very low level of $6,103,000, but the gross margin improved to 49.3 percent from 47.9 ...
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News briefs
A total of 435 people have registered on Facebook to...
A total of 435 people have registered on Facebook to attend the Sneakerness convention in Cologne on May 21-22, which is open to trade visitors and the general public. It was going to be held for only one day on Saturday, but the organizers have decided to extend it for ...
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News briefs
Vietnam's exports of leather footwear and leathergoods rose by 31...
Vietnam's exports of leather footwear and leathergoods rose by 31 percent to $2.1 billion in the first four months of 2011. Footwear alone took up $1.75 billion of this amount. In April, the country exports shoes worth $430 million, up from $350 million in April 2010.
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Article
Hermès grows by 25.5%
Hermès International booked a 25.5 percent increase in its revenues to €637 million for the first quarter of this year. In local currencies, the rate of increase was 20.7 percent – better than the 14 percent organic increase previously reported by LVMH and almost as good as the 22.1 percent ...
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News briefs
Stiefelkönig continued to lose money in 2010. The Austrian shoe...
Stiefelkönig continued to lose money in 2010. The Austrian shoe retailing company, which is still up for sale, suffered a net loss of €10.8 million and its sales dropped by 14 percent to €109.8 million, partly due to the sale of its Turbo-Schuh stores. As previously reported, the company has ...
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News briefs
Brown Shoe Company has completed the private placement of $200...
Brown Shoe Company has completed the private placement of $200 million worth of senior notes with annual interest of 7 1/8 percent, maturing in 2019, or $50 million more than had been previously announced. The U.S. company wanted to raise the funds in part to redeem $150 million worth of ...
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News briefs
The GDS fair is organizing a match-making event between 20...
The GDS fair is organizing a match-making event between 20 Spanish shoe companies and German agents at Hotel Melia in Düsseldorf next June 8. It is doing this in cooperation with Fice, the Spanish shoe industry federation, and Icex, the Spanish export promotion institute, as an extension of its own ...
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News briefs
Aeffe, parent company of Pollini, reports a 16.4 percent sales...
Aeffe, parent company of Pollini, reports a 16.4 percent sales increase for the first quarter in terms of constant currencies. Total sales grew by 17.4 percent on a reported basis to €71.9 million, with shoes and leathergoods rising by 30.8 percent to a profitable level of €17.1 million. The group's ...
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News briefs
The May 11 issue of La Conceria, the famous Italian...
The May 11 issue of La Conceria, the famous Italian leather weekly, lays out the results of an investigation conducted by a journalist in the shoe shops of Milan's Chinatown, on via Paolo Sarpi and surrounding streets. Some of the shoes were found holding excessive doses of toxic substances such ...
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News briefs
Esprit reports a 3.1 percent decline in total sales to...
Esprit reports a 3.1 percent decline in total sales to 25.9 billion Hong Kong dollars (€2.3bn-$3.3bn) for the first nine months of its financial year, ended March 31, although they rose by 0.7 percent in local currencies. The reported sales sank by 8.8 percent to HK$20.5 billion (€1.9bn-$2.6bn) in Europe, ...
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News briefs
China produced 11.1 billion pairs of shoes last year, 10...
China produced 11.1 billion pairs of shoes last year, 10 percent more than in 2009, and its exports increased by 18.9 percent to 4.19 billion pairs, according to the country's shoe and leather manufacturers' association. On the other hand, there are signs that other countries such as Indonesia and Vietnam ...
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News briefs
Twenty-eight people have been ordered to pay more than €25,000...
Twenty-eight people have been ordered to pay more than €25,000 to Daermei Shoes Trading, a Chinese company that lost 50,000 pairs of shoes in a fire at its facility in Elche, Spain, in 2004. The accused all worked in the shoe industry, and when several Chinese companies announced they were ...
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