All Shoe Intelligence articles in Volume 13, Issue 14-15 – Page 4
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The sixth forum of the Latin American shoe industry associations...
The sixth forum of the Latin American shoe industry associations will take place at the Marriott Hotel in Buenos Aires next Aug. 25-26. Representatives from Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay and Venezuela are expected to participate along with Spain, which will act as an observer. The ...
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Keen’s ambitions for new U.S. factory grow
Just eight months after it opened its factory in Portland, Oregon, Keen is revising upward its estimates of the plant's capabilities. It started out saying that the factory would make eight footwear styles once it was up and running; now it says that this figure will be 13. Keen opened ...
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Albert Scherer is resigning as real estate manager of the...
Albert Scherer is resigning as real estate manager of the Hamm Reno Group and leaving the company, for which he worked for 20 years. He will continue as president of the German Council of Shopping Centers. Scherer's responsibilities at HRG will be taken over by Jens Gransee, sales manager of ...
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Aigle has opened a showroom in a manor house of...
Aigle has opened a showroom in a manor house of Oxfordshire in England and a pop-up store in Hong Kong
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The Qatar Luxury Group, created three years ago by the...
The Qatar Luxury Group, created three years ago by the ruling family of the emirate, has acquired a 52.73 percent stake in Le Tanneur, a major French leathergoods company whose sales rose by 7.4 percent to €57.3 million last year. It is not sure whether it is going to launch ...
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WSGN, the international trend forecasting agency, is opening a full-fledged...
WSGN, the international trend forecasting agency, is opening a full-fledged office in Shanghai for the Chinese market, adding to those it has in New York, Paris, Barcelona, New York, Los Angeles, Tokyo, Melbourne, Istanbul and Singapore
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Steve Madden has acquired The Topline Corporation, a privately held...
Steve Madden has acquired The Topline Corporation, a privately held designer, producer, and marketer of private-label and branded footwear. The acquisition was completed for $55 million in cash subject to a working capital adjustment, plus an earn-out provision based on financial performance through June 30, 2012. Founded by William F. ...
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Sarenza.com, the French online shoe shop, which is getting about...
Sarenza.com, the French online shoe shop, which is getting about 6 million unique visitors per month, is launching a new section on hot styles and trends
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El Naturalista is donating €7,329 to relief efforts in northeastern...
El Naturalista is donating €7,329 to relief efforts in northeastern Japan, the area hardest hit by March's earthquake and tsunami, from donations from an online campaign it started in April
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Shoe Carnival has reported a 3.4 percent increase in comparable...
Shoe Carnival has reported a 3.4 percent increase in comparable store sales for the first quarter of this year, coming on top of a 13.1 percent increase in the same period a year ago. Athletic shoes and women's sport-inspired sandals led the improvement for the American discount shoe retailer, contributing ...
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German shoe retailers suffered a 3% sales decline in the...
German shoe retailers suffered a 3% sales decline in the month of March as compared to one year ago
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Article
Yue Yuen grows by 24.4%
Yue Yuen Industrial increased sales by 24.4 percent to $3.302 billion in the first half ending March 31, while net profit increased by 9.2 percent to $230.1 million. Turnover from shoe manufacturing increased by 27.1 percent to $2.340 billion, underpinned by higher manufacturing volumes, up by 19.7 percent to 162.8 ...
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News briefs
Sabu recorded a satisfactory 2010 business year, although the net...
Sabu recorded a satisfactory 2010 business year, although the net profit of the German buying group decreased to €1.6 million from €2.1 million. Net assets increased despite a slightly reduced equity ratio of 89.1 percent. Sabu remains optimistic about the results for this year, thanks to higher commission income, lower ...
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Article
Ferragamo is worth nearly €2.3 billion
Salvatore Ferragamo could be valued €2.25 billion, or 26 times 2012 profits, in a public offering (IPO) on the Milan stock exchange that is expected to be cleared by the end of June, according to Banca IMI, a unit of Intesa Sanpaolo.Banca IMI forecasts that the Italian luxury goods company ...
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Timberland is set to have 13 mono-brand stores in India...
Timberland is set to have 13 mono-brand stores in India by the end of this year through its local partner, Reliance Brands
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Frau has opened its 12th store in Parma, and the...
Frau has opened its 12th store in Parma, and the Italian footwear brand would like to add five others – all in Italy – before the end of this year. The company says it reached its objective of producing 1 million pairs in the last year, generating revenues of €40 ...
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Starting on July 1, a new standard for children's canvas...
Starting on July 1, a new standard for children's canvas rubber shoes will take effect in China. The new standard makes safety the top priority, with an eye to improving quality and driving technology. The standard, the first for children's canvas rubber shoes, was set by China's General Administration of ...
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