All Shoe Intelligence articles in Volume 13, Issue 16-17 – Page 3

  • News briefs

    DBK España, a division of Dun & Bradstreet Group, reports...

    2011-06-17T00:00:00Z

    DBK España, a division of Dun & Bradstreet Group, reports that last year, the Spanish footwear retail market fell by 3 percent compared with 2009, reaching €2.9 billion. While footwear retail chains and non-specialist stores – such as supermarkets and department stores – gained market share, independent footwear retailers lost ...

  • Article

    Tata has big ambitions in leather and footwear

    2011-06-17T00:00:00Z

    The acquisition of MoveOn, reported in the previous article, is only one of Tata International's numerous investments in the leather and footwear sectors in recent months, and they are sure to be followed by others in India and elsewhere. The latest project of this subsidiary of India's largest business conglomerate, ...

  • Article

    Alpargatas posts higher sales and profits

    2011-06-17T00:00:00Z

    Alpargatas managed to improve its results in the first quarter of this year from the relatively high levels attained in the same period a year ago and in the fourth quarter of 2010, in spite of high raw material costs, mostly by upgrading its price mix and in other ways.This ...

  • News briefs

    Stride Rite has signed a new licensing agreement that will...

    2011-06-17T00:00:00Z

    Stride Rite has signed a new licensing agreement that will allow it to make products in conjunction with the children's show “Sesame Street,” featuring such characters as Ernie, Abby Cadabby and Elmo. The first line will come out for the back-to-school season and be part of the STEP system, which ...

  • News briefs

    After three years of relatively flat sales results, Bianco Footwear...

    2011-06-17T00:00:00Z

    After three years of relatively flat sales results, Bianco Footwear of Denmark is getting help for a new phase of international development beyond its current network of 150 franchised stores, located in 10 countries. New financial help and know-how is coming from Detlev Meyer, who founded and then in 2004 ...

  • News briefs

    Shortly after its decision to invest in a factory in...

    2011-06-17T00:00:00Z

    Shortly after its decision to invest in a factory in India, Vulcabras is announcing the shutdown of the factory set up at Parobé, in the Brazilian state of Rio Grande do Sul, in 1958 by Azaleia, the big shoe company that it acquired a few years ago. The factory employs ...

  • News briefs

    The Milan showroom of Massimo Bonini, which acts as an...

    2011-06-17T00:00:00Z

    The Milan showroom of Massimo Bonini, which acts as an international agent for brands such as Kallisté, Etro and Ernesto Esposito, opened the first multi-brand store bearing its own name to sell other collections to the general public on June 15. Besides these three brands, the store will also offer ...

  • News briefs

    Columbia Sportswear, acting along with OutDry Technologies, the Italian developer...

    2011-06-17T00:00:00Z

    Columbia Sportswear, acting along with OutDry Technologies, the Italian developer of breathable membranes that it acquired last year, has appealed to the European Commission to check whether the practices of W.L. Gore & Associates are in line with the European Union's competition laws. The plaintiffs allege in their complaint that ...

  • News briefs

    Fresh on the heels of its acquisition of Jimmy Choo,...

    2011-06-17T00:00:00Z

    Fresh on the heels of its acquisition of Jimmy Choo, Labelux has just added Belstaff, the outdoor apparel retailer, to its stable of brands. The latest purchase, from the Italian firm Clothing Company, is another step in Labelux' effort to expand with international labels. Belstaff, which has 14 own stores, ...

  • News briefs

    Georgina Goodman, the British brand, has entered insolvency proceedings, according...

    2011-06-17T00:00:00Z

    Georgina Goodman, the British brand, has entered insolvency proceedings, according to Begbies Traynor, a business rescue and recovery firm. Georgina Goodman and her husband, B.J. Cunningham, are the majority owners of the company. Core Capital, a private equity company has been a minority investor since January 2010. However, according to ...

  • Article

    ANWR has its own ideas about the internet

    2011-06-17T00:00:00Z

    While developing stronger electronic interfaces between its numerous retail members and their suppliers, as previously reported in this newsletter, the Ariston-Nord-West-Ring buying group plans to launch a pilot project in the second half of this year to help the affiliated shoe retailers establish a presence on the internet.This is regarded ...

  • News briefs

    Sapato.ru, the Russian online shoe retailer about which we have...

    2011-06-17T00:00:00Z

    Sapato.ru, the Russian online shoe retailer about which we have already spoken, has raised an additional $12 million in funding through an injection of new equity by Intel Capital, the global investment organization of Intel Corporation. The investment takes the total funding package for Sapato.ru up to a level of ...

  • Article

    Prada pays top couple €9 million each

    2011-06-17T00:00:00Z

    Miuccia Prada and Patrizio Bertelli, respectively chairwoman and chief executive of Prada as well as wife and husband, received around €9.0 million each in the fiscal year ended Jan. 31 in consultancy fees from their company. The figure could rise this year, according to the prospectus released for the ...

  • News briefs

    Clariant introduces Melio WF-5246, a new aqueous water-repellent polymer that...

    2011-06-17T00:00:00Z

    Clariant introduces Melio WF-5246, a new aqueous water-repellent polymer that the chemical company says is water-dilutable and fluorinated. It is said to work especially well on unfinished leathers, such as nubuck and suede.

  • Article

    Tata buys 51% of MoveOn

    2011-06-17T00:00:00Z

    Confirming our previous reports on the subject, the big Indian Tata Group has acquired a controlling stake of 51 percent in MoveOn, the Portuguese manufacturer that markets the new brand of comfort shoes by the same name, replacing its former European license for Aerosoles. Tata, which is expanding its leather ...

  • Article

    Prada’s first-half profit to rise by about 50%

    2011-06-17T00:00:00Z

    Prada indicates that its net profit will be at least €150.7 million in the first half ending on July 31, representing an increase of nearly 50 percent from the €103.0 million reported a year earlier. The information was released in the prospectus accompanying the Italian group's initial public offering (IPO) ...

  • Article

    Ferragamo is valued up to 36 times earnings

    2011-06-17T00:00:00Z

    Salvatore Ferragamo was valued at 27.6-36.2 times its 2010 net profits for its initial public offering (IPO), launched on June 13 and scheduled to end on June 23. The price range for the transaction was set at €8-10.50 per share and represents a market capitalization of €1.347-1.768 billion.The top end ...

  • News briefs

    Featuring the first spring/summer 2002 collections, the big Expo Riva...

    2011-06-17T00:00:00Z

    Featuring the first spring/summer 2002 collections, the big Expo Riva Schuh show is opening its doors tomorrow for its 76th edition with a total of 1,211 exhibitors, up from 1,135 one year ago. They will include 847 foreign exhibitors from 38 countries. The total exhibition space has been expanded to ...

  • News briefs

    Apiccaps, the Portuguese shoe manufacturers' association, reports a 20 percent...

    2011-06-17T00:00:00Z

    Apiccaps, the Portuguese shoe manufacturers' association, reports a 20 percent increase in Portuguese shoe exports for the first quarter of this year to €408 million. Imports grew by 10 percent to €152 million.

  • Article

    Italian exports rose in first 2 months

    2011-06-17T00:00:00Z

    In the first two months of 2011, Italy's shoe exports increased in value by 19.1 percent to €1.379 billion and in volume by 13.1 percent to 47.8 million pairs. The average value per pair rose by 5.3 percent to €28.86. The data confirm the sharp recovery registered in the full ...