All Shoe Intelligence articles in Volume 13, Issue 22
View all stories from this issue.
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News briefs
Novascarpa Group has a new vice president for sales in...
Novascarpa Group has a new vice president for sales in Fritz Schneider. He comes to the Idaho-based distributor with nearly three decades of experience in sales, marketing and consulting. Novascarpa distributes Joya footwear.
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Article
Grendene’s results worsen
The company maintained its leadership in Brazilian shoe exports in terms of volume during the first half of this year, but its share in the export volume declined to 35.8 percent from 40.0 percent in the same period a year ago. Grendene also lost some market share in the domestic ...
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Article
Portuguese producers are in good shape
After a 19.8 percent increase to €697 million in their exports for the first five months of 2011, compared with an increase of only 8.6 percent in imports to €233 million, Portuguese shoe manufacturers expect to reach a positive trade balance of €850 million for the full year in the ...
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Article
Geox sees higher full-year sales
Geox' management forecasts that the company's revenues will reach €880-890 million this year, up from €850 million in 2010, and confirmed that its Ebitda margin will be lower, falling by 2.0-2.5 percentage points from last year. However, profit margins are expected to stop declining with the current fall/winter collection and ...
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Article
Heelys loses ground in foreign markets
Heelys' revenues fell by 5.7 percent to $8.3 million in the second quarter. They grew by 22.7 percent to $2.7 million in the U.S., but they were off by 15 percent in the rest of the world in spite of significantly higher sales in Italy and higher shipments to the ...
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News briefs
Following up on the previously reported increase in leather exports...
Following up on the previously reported increase in leather exports from China, the China Leather Industry Association said that exports of leather shoes rose by 11.4 percent to $4.9 billion in the first six months of the year. Finished and semi-finished leather grew by 21.8 percent to $228.8 million, and ...
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News briefs
Two new executives are taking the reins at Orthofeet, the...
Two new executives are taking the reins at Orthofeet, the maker of footwear for people with health problems that was bought in December by a group of investors led by Tuckerman Capital and Equis Capital. Mark Koide is the new chief executive, coming off a background that includes being ...
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News briefs
The first edition of Expo Riva Schuh India, held July...
The first edition of Expo Riva Schuh India, held July 28-30, brought in 4,670 visitors, according to Riva del Garda Fierecongressi, the organizer of the event. Attendees came from North America, Brazil, Colombia, France, Germany, Italy, the U.K., Malaysia, Pakistan, the Palestinian territories and the United Arab Emirates, along with ...
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Article
Double-digit growth for Timberland
Timberland reported a net loss of $20.1 million for the second quarter, down from a loss of $23.5 million in the same period a year ago, as sales rose by 27.1 percent to $240.1 million, up 20.6 percent on a constant dollar basis.The gross margin declined by 2.1 percentage points ...
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Short stops
Skechers has opened a shop-in-shop in the London department store...
Skechers has opened a shop-in-shop in the London department store of Harrods, situated in the fitness department, on the store's fifth floor
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Article
Deichmann works with Snipes in Switzerland
There is an unconfirmed report in the German press that Deichmann is acquiring a stake in Snipes, the leading German retailer of sneakers and other sports-fashion-oriented shoe styles. For some reasons, however, executives of both companies declined to make any comments on this or on anything else beyond a concise ...
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News briefs
Rainer Worbs has decided to quit Ludwig Görtz, where he...
Rainer Worbs has decided to quit Ludwig Görtz, where he has been acting as general manager in charge of product management since March 2003. He has been with the big German shoe retail group, based in Hamburg and named after its founder, after working for it on and off over ...
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News briefs
Timberland has signed a licensing deal with Parigi that will...
Timberland has signed a licensing deal with Parigi that will take its children's clothing collection to the U.S. Parigi will design and distribute clothes and accessories for boys, girls and infants through 2014. They will be available at major department stores and specialty retailers through the U.S. Timberland will still ...
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News briefs
Skechers USA has a new licensing deal whereby Sakar International...
Skechers USA has a new licensing deal whereby Sakar International will produce Skechers-branded youth electronics and accessories. The line will include MP3 players, earbuds, speakers, digital cameras and USB flash drives inspired by Skechers' Kids footwear styles. They will be targeted at children from elementary through high school, featuring artwork ...
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News briefs
Ruth Emily Davey's handmade leather footwear has earned her the...
Ruth Emily Davey's handmade leather footwear has earned her the Balvenie Young Master of Craft 2011 award. Davey, a 24-year-old in Wales, applied for the first-ever Balvenie Masters of Craft awards, which were designed to honor those doing handcrafting work in the U.K. Davey had a five-year apprenticeship with Welsh ...
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Short stops
Crocs' second store in France has opened its door in...
Crocs' second store in France has opened its door in the seaside resort of Antibes
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Article
The Swedish market continues to concentrate
Total footwear sales in Sweden amounted to about SEK 12.6 billion (€1.37bn-$1.99bn) in 2010, according to the government figures, 9 percent more than in 2009. According to the market research company GfK, this figure was even higher: SEK 13.2 billion (€1.44bn-$2,08bn), up by 8.2 percent. ...
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Article
Lower results at Kenneth Cole
Sales and profits declined at Kenneth Cole Productions for the second quarter ended June 30. While the results were consistent with the management's short-term expectations, Paul Blum, who has returned to the company as its new chief executive, declared that he wants to improve the performance of each segment of ...
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News briefs
Christian Louboutin's request for an injunction forbidding the sale of...
Christian Louboutin's request for an injunction forbidding the sale of one of Yves Saint Laurent's shoes has been denied by a federal U.S. judge in Manahattan. Acting on the basis of a trademark registration obtained in the U.S. in 2008, the designer filed a lawsuit against YSL last April, claiming ...
