All Shoe Intelligence articles in Volume 13, Issue 25-26 – Page 5
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News briefs
The Danish children's clothing company H. Utoft has purchased all...
The Danish children's clothing company H. Utoft has purchased all the shares of A Fant, a children's shoe manufacturer from Denmark. Last year, H. Utoft bought 60 percent of the shares in A Fant, and now it has bought the balance of the equity. H. Utoft is already behind four ...
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News briefs
Nike Inc. reported last month a definitive agreement to sell...
Nike Inc. reported last month a definitive agreement to sell its casual footwear brand, Cole Haan, to an investment fund, Apax Partners, for $570 million. It had already sold Umbro to Iconix a few weeks earlier (more on this in SGI Europe). The price corresponds to more than one year ...
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News briefs
Galeries Lafayette has signed an agreement with a Turkish group,...
Galeries Lafayette has signed an agreement with a Turkish group, Demsa, to open its first flagship store in Turkey in 2015. The 9,000-square-meter department store will be located in the future Boulevardi Mall commercial and entertainment center, in an elegant part of Istanbul's right bank. Demsa already operates two Harvey Nichols stores ...
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Crocs has reported victories against counterfeiters in the courts of Shanghai and...
Crocs has reported victories against counterfeiters in the courts of Shanghai and Dongguan. Between March 13 and Sept. 27, 18 people were sentenced in the two courts to a combined total of more than 46 years in prison and fines of more than $450,000. Out of them, 17 people were declared guilty of counterfeiting, and two were ...
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News briefs
After selling his shares in Salvatore Ferragamo, Massimo Ferragamo has...
After selling his shares in Salvatore Ferragamo, Massimo Ferragamo has now also halved his share in Ferragamo Finanziaria, the family holding company that controls 57.7 percent of the listed company, in which every one of the six Ferragamo brothers participates. Massimo Ferragamo, who sold the shares to his brothers, now ...
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News briefs
After opening its first store outside Spain in Beirut last...
After opening its first store outside Spain in Beirut last May, Gioseppo has opened another one in Abu Dhabi. Visitors to the store inhale a special scent that creates an association with the company's optimistic, eco-friendly and Mediterranean image. The Spanish company already has eight stores in Spain and Portugal, and ...
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News briefs
Manolo Blahnik has won the outstanding achievement prize at the...
Manolo Blahnik has won the outstanding achievement prize at the 2012 British Fashion Awards, where he had previously been named Accessory Designer of the Year for three times throughout his career. The iconic footwear designer was presented with the honor at a glamorous ceremony, hosted by the British Fashion Council ...
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News briefs
The world of accessories in Italy is to launch its...
The world of accessories in Italy is to launch its first international contest for creative videos and film spots to highlight Italian shoes, handbags, eyeglasses and furs. This International Upcoming Fashion Filmmakers (IUFF) contest is promoted by Micam for footwear, Mipel for leathergoods, Mido for optics, and Mifur for furs – ...
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News briefs
Shoes & Accessories is the name of a new trade...
Shoes & Accessories is the name of a new trade show proposed by agents of various brands who are reportedly dissatisfied with the cost-benefit ratio of Moda Made in Italy. Reportedly, they also criticisize its dates, scheduled for March 24-26, which conflict with those of other events The new fair would be held ...
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Article
Spanish footwear continues to expand abroad
The Spanish shoe industry keeps on reaping benefits from the ongoing diversification of its markets and the relocalization of some manufacturing activities to Spain. In the first nine months of 2012, its exports increased by 10.6 percent in volume and by 0.1 percent in value, reaching a total of 108.8 ...
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News briefs
Footwear Distributors of America (FDRA), which represents about 80 percent...
Footwear Distributors of America (FDRA), which represents about 80 percent of all footwear sales in the U.S., is strongly critizing action by the U.S. government to reinstate import tariffs on certain types of products as “discriminatory, arbitrary and not just justified by the facts.” The government has refused to endorse ...
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News briefs
German shoe retailers' sales increased by 7 percent in the...
German shoe retailers' sales increased by 7 percent in the month of September compared with the same month a year ago, according to IFH, the retail-specific market research company in Cologne, although 2 percentage points were due to higher selling prices. In October, however, their sales fell by 5 percent ...
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Article
Genesco's profit climbs by 56.5%
Genesco's net income came out better than expected in the third quarter ended Oct. 27. It jumped by 56.5 percent to $41.0 million, compared with $26.2 million a year ago, reflecting lower income taxes and strong sales of shoes, hats, clothing and accessories. Excluding deferred payments related to the acquisition ...
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News briefs
Matthias Reichwald, 41, will be next February the new general manager...
Matthias Reichwald, 41, will be next February the new general manager of Ecco's German sales subsidiary, responsible also for Austria and Switzerland. He will take the place of Uwe Janzen, who has become sales director for the entire Europe, Middle East and Africa (EMEA) region. Reichwald was most recently the German country ...
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News briefs
Only 41 percent of the people clean their shoes in...
Only 41 percent of the people clean their shoes in Germany, although 75 percent of the German people feel that the individual's attention to the aspect of their footwear has a lot to say about their personality. Out of those who take care of their shoes, 58 percent feel that ...
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News briefs
Maximilian Müller is leaving on Dec. 31 as one of the...
Maximilian Müller is leaving on Dec. 31 as one of the top managers of Lloyd Shoes after 18 years to join the top management of its parent company, Ara Shoes. At Lloyd, which has become one of the major German brands of men's shoes, Müller is currently in charge of production, product ...
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News briefs
Skechers has announced that it donated more than 3 million...
Skechers has announced that it donated more than 3 million pairs of new Bobs shoes for children in need worldwide this year. With the support of its nonprofit partners, the shoes will be distributed to charitable organizations, education programs and nonprofit groups across the Americas, Africa, Eastern Europe, and mainland and Southeast ...
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News briefs
With a personal fortune evaluated at more than $2.5 billion,...
With a personal fortune evaluated at more than $2.5 billion, Hanni Toosbuy Kasprzak, who has chaired Ecco's supervisory board since 1996, is the wealthiest woman in Denmark according to a Danish newspaper, Berlingske. That's way ahead of the No. 2 in the ranking, Sofie Kirk Kristiansen, heiress to the Lego toy empire. ...
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News briefs
European and U.S. customs authorities blocked 132 websites suspected of...
European and U.S. customs authorities blocked 132 websites suspected of selling counterfeit products on Nov. 27, a date known as Cyber Monday in the U.S. because it kicks off pre-Christmas sales over the internet. Meanwhile, Chinese consumers are wondering whether they should buy their shoes in the regular department stores ...
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News briefs
You all probably know the famous 10 Corso Como store...
You all probably know the famous 10 Corso Como store in Milan. A Chinese apparel company based in Guangzhou, Trendy International Group, has struck an agreement to duplicate the Italian boutique in Shanghai, offering selected brands and items to the most sophisticated local consumers. L Capital Asia, an equity investment fund ...
