All Shoe Intelligence articles in Volume 13, Issue 23-24 – Page 3
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Article
Brown Shoe hit by drop in toning footwear sales
Brown Shoe Company's second-quarter results were hit by a drop in toning shoes, prompting the company to lower its full-year earnings guidance. The group managed to raise its top line by 7.2 percent to $628.1 million thanks to the acquisition of American Sporting Goods (ASG), completed on Feb. 17 for ...
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News briefs
Macintosh Retail Group, the Dutch retail conglomerate that owns Brantano,...
Macintosh Retail Group, the Dutch retail conglomerate that owns Brantano, Scapino and other shoe retail chains, has repurchased $4,649,000 worth of its own shares to cover outstanding stock options for its staff, completing the program ahead of its scheduled expiration date of Sept. 30. It had authorized ABN Amro Bank ...
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News briefs
USG Brands is opening a new subsidiary in France to...
USG Brands is opening a new subsidiary in France to distribute the increasing number of sports fashion brands for which it has the rights in the country. It is starting off with Valsport and Tenson, which it owns, and with Pantofola d'Oro, for which it has a license covering France ...
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News briefs
Move On, the brand from Portugal, has signed new distribution...
Move On, the brand from Portugal, has signed new distribution contracts in the last three months. Innova will be the company's new distributor in Spain and Migato will handle distribution in Greece and Cyprus. Move On is currently in discussions with potential distributors in France, the U.K., Russia and the ...
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News briefs
The Spanish brand Hispanitas will be opening the first mono-brand...
The Spanish brand Hispanitas will be opening the first mono-brand stores for its children's shoes in China. One will be opened in Tianjin and another in Hangzou. Both will be run in cooperation with the company's Chinese partner, Fang Ji. Hispanitas will also open its first mono-brand store in Mexico ...
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News briefs
Tom Brady, the NFL quarterback for the Super Bowl-winning New...
Tom Brady, the NFL quarterback for the Super Bowl-winning New England Patriots, will be the new face of Ugg Australia's men's collection. The footwear and lifestyle brand signed a four-year deal with Brady, who will bring his own ideas to the design of Ugg's new men's collection, due out next ...
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Short stops
Hermès has bought out a dealer in Russia who owned...
Hermès has bought out a dealer in Russia who owned two Hermès stores in the country
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Article
Big success for GMS in the Netherlands
The young German buying cooperative recorded great success in the Netherlands in the first half of this year. As Shoe Intelligence reported a couple of months ago, GMS started to operate in the Netherlands last April, and Belgium may come next.Bart Dirven and Cornelius H. Borger, both of whom formerly ...
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News briefs
DSW performed much better in the second quarter, which ended...
DSW performed much better in the second quarter, which ended on July 30, posting a 12.3 percent increase in comparable store sales against the 12.0 percent gain recorded in the same period a year ago. Total sales rose by 14.7 percent to $476.3 million and the gross margin improved by ...
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Short stops
Beryl, the French chain of family shoe stores bought by...
Beryl, the French chain of family shoe stores bought by Vivarte in 2007, has opened six new doors so far this year, including most recently its first store in Paris, centrally located at 16 rue de Rivoli
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Short stops
Bergdorf Goodman reopened the shoe salon of its department store...
Bergdorf Goodman reopened the shoe salon of its department store on Fifth Avenue in Manhattan at the beginning of the New York Fashion Week on a larger surface than before, allocating more space to young designers
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News briefs
Eléonore Baudry, a seasoned executive who was in charge of...
Eléonore Baudry, a seasoned executive who was in charge of e-commerce for Gucci, has joined Sarenza, the big French online shoe retailer, as international director. She previously worked for Procter & Gamble and A.T. Kearney.
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News briefs
The battle over “ugg” is over. The dueling lawsuits between...
The battle over “ugg” is over. The dueling lawsuits between Deckers Outdoor and Emu Australia have been settled under confidential terms, and all actions will be dismissed. Last December, Deckers sued Emu, saying that the Australian company was infringing on its trademark by using the Ugg name. Emu countersued, arguing ...
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News briefs
Workers at a facility making shoes for the Indian Bata...
Workers at a facility making shoes for the Indian Bata Shoe Company reportedly went on strike because of pay. More than 250 workers are on strike from Foot Plus, the Kenyan outsource manufacturer, where local media reports say employees make about $1 a day. Female workers there have said they ...
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Article
R.G. Barry benefits from new strategies
R.G. Barry Corporation, the American producer of Dearforms and other slippers, is working on a new plan for international expansion after reaping the fruits of recent strategic initiatives, such as the acquisition of Foot Petals, a line of premium insoles and comfort products, and Baggallini, a brand of handbags, totes ...
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News briefs
Barker will open a new mono-brand store in London on...
Barker will open a new mono-brand store in London on Bronton Road at the end of this month, its third in the city. Barker is the biggest brand in the U.K. market in its segment. The biggest export markets for the company are Russia and Italy. Barker has plans for ...
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Article
Italian children’s shoe retailer goes bankrupt
Gusella, an Italian retailer specializing in footwear for children up to 14 years old, has gone bankrupt. The group was founded in 1929 and had 11 stores in Lombardy and Parma. Diego Moscato, who is charge of the liquidation of the company, has called for expressions of interest to rent ...
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News briefs
Ballin has opened its second Milan store on via Santo...
Ballin has opened its second Milan store on via Santo Spirito, close to the showroom that it opened last April. It is the seventh boutique running under the Italian company's brand name. According to reports published following its inauguration, Ballin raised its sales by 68 percent in 2010 to €34.5 ...
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Article
Italy improves its shoe trade balance
Cleto Sagripanti, the new president of Anci, the Italian shoe industry federation, predicts that its members will give a boost of €3.1 billion to Italy's trade balance this year, if the trend recorded in the first five months persists for the rest of 2011.In the first five months, the ...
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News briefs
Salamander came back as an exhibitor to the GDS fair....
Salamander came back as an exhibitor to the GDS fair. Since Ara Shoes took over the Salamander and Lurchi brands in 2009, the Salamander Group has not exhibited at any trade fairs. Salamander presented its first collection for men, which will be in the stores from spring/summer 2012. The ...
