All Shoe Intelligence articles in Volume 13, Issue 14-15
View all stories from this issue.
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News briefs
Peggy Reilly Tharp is the new vice president-investor relations for...
Peggy Reilly Tharp is the new vice president-investor relations for Brown Shoe Company. She was previously senior director of investor relations at Savvis, a cloud infrastructure provider, and director of investor relations for Superior Essex, a producer of copper wire and cable. In addition, Timothy J. Joyce is now the ...
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Short stops
Patrick has launched an online shop under patrick.eu, offering T-shirts...
Patrick has launched an online shop under patrick.eu, offering T-shirts and jerseys next to its shoes
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Article
Journeys’ same-store sales rise sharply
The American shoe retail group, owned by Genesco, increased comparable store sales by 15 percent in the first quarter ended on April 30 thanks to a 14 percent rise at the Journeys and Journeys Kidz chains and a 21 percent surge at Shi by Journeys. Meanwhile, e-commerce sales, which are ...
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News briefs
The International Herald Tribune has selected São Paulo as the...
The International Herald Tribune has selected São Paulo as the venue for its 11th Luxury Conference, to be held at Hotel Unique next Nov. 10-11. Hosted by Suzy Menkes, the IHT's highly respected fashion editor, last year's session of the conference in London attracted important personalities such as Karl Lagerfeld, ...
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Short stops
Shoe manufacturers in the province of Guangdong have reportedly suffered...
Shoe manufacturers in the province of Guangdong have reportedly suffered a 30% fall in orders since last October due to rising production costs
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Article
Jones Group takes over Kurt Geiger
The Jones Group has paid £215 million (€243.9m-$351.4m), including debt, for Kurt Geiger, which regards itself as the leading multi-brand retailer of luxury shoes in Europe. The share was previously held by Graphite Capital, the private equity group that backed the second management buyout of Kurt Geiger for £95 million ...
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News briefs
Gaetano Micciché, a general manager of Intesa Sanpaolo, has joined...
Gaetano Micciché, a general manager of Intesa Sanpaolo, has joined the board of directors of Prada, replacing Marco Cerrina Feroni. Intesa owns a 5 percent stake in Prada.
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Article
Royer invests in Luxat and Pare Gabia
In alliance with Guccio Tolomei, a specialist for high-end handbags and other leathergoods, Groupe Royer is acquiring Luxat Developpement, a French shoe company that has been in receivership for six months. A court of justice approved their joint takeover proposal – the only one that had been presented – earlier ...
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Article
Palladium is ready for franchising roll out
K-Swiss is finalizing the legal paperwork to start operating franchised stores for the Palladium brand. The company has been working for four months on setting up its franchise contract for the U.S. and has already been contacted by a potential franchisee.The company has been focusing on opening directly operated stores ...
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News briefs
Hanover Finanz has reportedly increased its shareholding in Ludwig Reiter,...
Hanover Finanz has reportedly increased its shareholding in Ludwig Reiter, but the size of the German investment company's equity could not be determined. Hanover Finanz provided financing to the Austrian shoe producer in 2004 and 2007. The investment company is also a shareholder of Melvo.
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News briefs
The patent leather and raffia wedges favored by Kate Middleton,...
The patent leather and raffia wedges favored by Kate Middleton, the new wife of Prince William, will be reissued by LK Bennett and called the Kate in honor of the duchess. The shoes were originally sold in spring 2010 and called the Greta. They will be available online and in ...
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Short stops
The French Parliament has issued a preliminary favorable vote on...
The French Parliament has issued a preliminary favorable vote on a proposal to ban the use of phtalates in shoes and other products sold on French territory
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News briefs
The Imac group and Manas, Giovanni Fabiani, Loriblu, Massimo Santini,...
The Imac group and Manas, Giovanni Fabiani, Loriblu, Massimo Santini, Fabi and Fratesi are among the Italian companies that have agreed to participate in the first edition of Expo Riva Schuh India in New Delhi next July 28-30. As previously reported, the new Indian fair is the first one targeting ...
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KangaROOS will be sold online exclusively by Zappos.com in the...
KangaROOS will be sold online exclusively by Zappos.com in the U.S.
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News briefs
The government of Uttar Pradesh in India has eliminated a...
The government of Uttar Pradesh in India has eliminated a tax on raw hides in response to the appeal of the leather industry. The tax was suspended in 2006 for five years through the end of last March, and the Mandi Parishad, the agricultural produce marketing board there, asked for ...
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News briefs
Kavat is now selling its ecological shoes product range in...
Kavat is now selling its ecological shoes product range in Australia. The shoes are sold in the Birkenstock by Nature chain in Sydney. The Kavat Eco range is the first shoe product range in Europe to carry the European Union Environmental Accreditation symbol.
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A pop-up Stuart Weitzman store has opened in East Hampton,...
A pop-up Stuart Weitzman store has opened in East Hampton, New York
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Article
U.S. law would lift high duties on some shoes
The Affordable Footwear Act has been formally introduced in the U.S. Senate for the first time, with another version expected to be introduced in the U.S. House of Representatives. The legislators will consider the bill, which would eliminate about $800 million worth of duties on children's and low-cost shoes. Kevin ...
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News briefs
A new president is due to be elected at the...
A new president is due to be elected at the annual meeting of Anci, the Italian shoe industry association, next Thursday. For the moment, the only two candidates are Antonio Brotini from Tuscany and Cleto Sagripanti from the Marche region. Brotini, who led Anci successfully from 1999 to 2003, runs ...
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Article
DSW grows strongly
DSW has completed an all-share merger with Retail Ventures (RVI), previously its largest shareholder with a 62 percent stake. With the May 26 transaction, RVI became a wholly owned unit of DSW. The deal simplified the group's structure and enabled RVI's shareholders to directly own DSW shares. In turn, DSW ...
