All Shoe Intelligence articles in Volume 13, Issue 18-19 – Page 4

  • Article

    Pony is again riding in Europe

    2011-07-11T00:00:00Z

    Arthur van der Kroft, a former general manager of Converse in Europe, has obtained licensing rights for the Pony brand in northern Europe, and is about to relaunch it across several European countries. Almost absent from the European market for several years, the American sneaker brand feted its European comeback ...

  • News briefs

    After shelving the project of a joint venture for the...

    2011-07-11T00:00:00Z

    After shelving the project of a joint venture for the management of the Salamander and Lurchi brands (see Shoe Intelligence 13-14+15 of June 3), Ara Shoes and Wortmann have also decided to put an end to their existing A+W Shoes joint venture, which they set up 10 years ago to ...

  • News briefs

    Just as the acquisition of Sanuk shoes by Deckers Outdoor...

    2011-07-11T00:00:00Z

    Just as the acquisition of Sanuk shoes by Deckers Outdoor Corporation was nearing completion, Deckers announced late last month that it was going to stop selling its Simple brand. Simple was one of the first brands of eco-conscious footwear, but Angel Martinez, chief executive and chairman at Deckers, noted that ...

  • News briefs

    Reckitt Benckiser has completed the acquisition of Scholl from SSL...

    2011-07-11T00:00:00Z

    Reckitt Benckiser has completed the acquisition of Scholl from SSL Healthcare. Meanwhile Labelux, the 4-year-old investment company of the Benckiser family that owns Bally and other properties in the luxury goods segment, has completed the acquisition of Jimmy Choo. Following its more recent takeover of Belstaff, Labelux has announced that ...

  • Article

    Genesco acquires Britain’s Schuh chain

    2011-07-11T00:00:00Z

    Schuh, a highly profitable British retailer of young fashion footwear, has been taken over by Genesco, the American retail group operating Journeys and other formats, for £125 million (€139.3m-$200.3m), less £29.5 million (€32.9m-$47.3m) outstanding under existing credit facilities, which remain in place for Schuh. The deal, which marks Genesco's first ...

  • Article

    Benetton fund acquires Pittarello

    2011-07-11T00:00:00Z

    21 Investimenti, an investment fund created by Alessandro Benetton, the current deputy chairman of the Benetton Group, is buying one of the biggest Italian shoe retailers, Pittarello, for an estimated €120 million, or the equivalent of its total sales for 2010.The retailer has 44 stores in Italy and nine in ...

  • Article

    Brazilian shoemakers worry about worsening trade balance

    2011-07-11T00:00:00Z

    Fernando Pimentel, Brazilian minister of economic development, industry and foreign trade, promised during the Francal shoe show in São Paulo two weeks ago to implement more rigorous monitoring of certificates of origin as of this month for imported shoes by the Federal Revenue Service and other Brazilian government agencies. The ...

  • Short stops

    German shoe retailers enjoyed an 8% increase in their sales...

    2011-07-11T00:00:00Z

    German shoe retailers enjoyed an 8% increase in their sales in April, compared with an 11% decrease in the same month a year earlier, allowing them to score a 3% sales increase for the first four months of this year

  • News briefs

    Clarks has promoted 48-year-old Jim Salzano to the position of...

    2011-07-11T00:00:00Z

    Clarks has promoted 48-year-old Jim Salzano to the position of president of Clarks Companies of North America, replacing Bob Infantino, who left in January and is now working with New Balance. Salzano has worked for 16 years with Clarks, most recently as executive vice president for the American operation. In ...

  • News briefs

    Yue Yuen has reported net income of $272.5 million for...

    2011-07-11T00:00:00Z

    Yue Yuen has reported net income of $272.5 million for the first half ended last March 31, up from a profit of $222.8 million in the same period a year ago. We already reported on the company's 24.4 percent increase in sales to $3,301.9 million for the same period in ...

  • Short stops

    Christian Louboutin has designed a pair of 20-centimeter-high ballet shoes,...

    2011-07-11T00:00:00Z

    Christian Louboutin has designed a pair of 20-centimeter-high ballet shoes, with encrusted Swarovski crystal, to raise funds at an auction for the English National Ballet

  • News briefs

    Salvatore Ferragamo opened a 144-square-meter store on June 27 on...

    2011-07-11T00:00:00Z

    Salvatore Ferragamo opened a 144-square-meter store on June 27 on Jockey Boulevard in Lima. The shop is the group's first in Peru, whose luxury goods market is experiencing strong growth. Ferragamo is already present in Latin America with locations in Brazil, Argentina, Chile, Mexico and Panama. The new store will ...

  • News briefs

    Nike has reported a 12 percent sales increase to $518...

    2011-07-11T00:00:00Z

    Nike has reported a 12 percent sales increase to $518 million for Cole Haan in the financial year ended May 31. The brand's turnover is projected to rise to more than $750 million by the 2014-15 fiscal year. The use of Nike Air has helped sustain Cole Haan's growth lately, ...