All Shoe Intelligence articles in Volume 13, Issue 27
View all stories from this issue.
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News briefs
Piccadilly has opened its second U.S. store in Miami's Las...
Piccadilly has opened its second U.S. store in Miami's Las Americas Mall through a businessman, Antonio Culicett o, who plans to follow up with two other mall-based stores next year. The big Brazilian brand of fashionable synthetic shoes, which produces 40,000 pairs a day, has 10 other exclusive stores in ...
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Article
LVMH and Hermès grow, too
LVMH did not perform as well as PPR's luxury goods division in the third quarterf, but continued to grow at a double digit rate. Its total revenues went up by 17.6 percent to €6.0 billion in the quarter, with growth of 15 percent on a comparable basis.LVMH's fashion and leather ...
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News briefs
Harrys of London has joined forces with a Japanese importer...
Harrys of London has joined forces with a Japanese importer of apparel and fashion items, AOI Company Limited, to expand its footwear brand in Japan. Harrys has opened a shop-in-shop inside the Hankyu men's flagship store in the Ginza district of Tokyo and another one in Hankyu's Osaka store. Harrys ...
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News briefs
A further steep increase in Vietnam's exports was recorded year-on-year...
A further steep increase in Vietnam's exports was recorded year-on-year in October, raising to 25 percent the growth in its footwear exports for the first ten months of this year. The European Union represented about 45 percent of total footwear shipments in the first nine months of this year, which ...
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Article
Pressure mounts to hold trade shows earlier
HDS, the German shoe industry association, has publicly announced that the German shoe industry is in favor of an earlier schedule for the GDS fair in Düsseldorf. It is also asking the organizers to consider the inclusion of a Sunday into the schedule to suit the requirements of family-owned retailers.The ...
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Article
Men’s shoes drive the high-end market
There is no end to the boom in leather goods, in spite of the new uncertainties about the global economy. Italy's Altagamma Foundation released an updated survey on the global luxury goods sector, carried out as usual by Bain & Company, forecasting an 11 percent increase sales of upmarket shoes ...
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News briefs
Rocket Dog has hired a former executive of Timberland and...
Rocket Dog has hired a former executive of Timberland and Wolverine World Wide, Derek Bowen, to act as managing director for Europe, starting on Nov. 28. He replaces Tony Greenfield, a former importer of the brand who became its European managing director after selling his operation to Rocket Dog a ...
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Article
Skechers takes over Japanese distribution
Skechers has set up a subsidiary in Japan to have a direct presence in the country with the aim of more than doubling its business there over the next three to five years and turn Japan into one of its largest foreign markets. Until now, Skechers was distributed by Achilles ...
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Short stops
Tod's has opened three new DEV stores in Italy, featuring...
Tod's has opened three new DEV stores in Italy, featuring all the three brands of the group, and one more is in the pipeline
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Short stops
A survey conducted by Footwear News at the Saks Fifth...
A survey conducted by Footwear News at the Saks Fifth Avenue store in New York pointed to a Valentino leather and lace shoe as “the sexiest shoe of the year”
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News briefs
Hamken Oy, a Finnish company that manufactures shoes for the...
Hamken Oy, a Finnish company that manufactures shoes for the famous Pertti Palmroth brand, is reportedly fighting against bankruptcy. Mikko Palmroth, chief executive of Pertti Palmroth Oy, son of its founder and part-owner of Hamken Oy, cites the global economic downturn as a basis for the company's financial problems, but ...
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News briefs
The Spanish footwear company Pikolinos is opening its first own...
The Spanish footwear company Pikolinos is opening its first own store in the U.S. this month. The shop will be located in Naples, Florida. The firm already runs a commercial office and a logistics center in Miami. The company is in talks to open stores in some Arab countries and ...
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News briefs
India's Council for Leather Exports says Indian companies scored well...
India's Council for Leather Exports says Indian companies scored well at the Global Shoes and Micam fairs in Düsseldorf and Milan in September. The six Indian companies exhibiting in Düsseldorf collected orders worth €290,000, with expectations for €1.56 million more. The 10 participants in Micam got immediate orders for more ...
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Article
Skechers’ domestic sales collapse
Skechers had to endure a 48 percent decline in wholesale revenues in the U.S. in the third quarter ended on Sept. 30, pushing the overall topline down to $412.2 million from $554.6 million a year earlier. The company, which is undergoing a re-engineering of its product line, expects to continue ...
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News briefs
Harrys of London has promoted Claire Marino to U.S. president....
Harrys of London has promoted Claire Marino to U.S. president. Marino, who is based in New York, previously held executive sales, marketing and merchandising positions with Lambertson Truex, Anne Klein, Prada USA and Barneys New York.
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News briefs
Prada has won a tender held by the city of...
Prada has won a tender held by the city of Milan to rent a location in the Galleria Vittorio Emanunele II, the famous shopping arcade in the heart of the city. The location is currently occupied by a McDonald's restaurant. Prada outbid Apple and Gucci for the premises. The fashion house ...
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News briefs
The Swedish Skopunkten chain has opened its first store in...
The Swedish Skopunkten chain has opened its first store in Finland and has two more on the way. The first store is located in the town of Tammerfors, and the two others will be opened in the coming weeks in Åbo and Myrmanni. Sko Magazinet reports that a high ...
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News briefs
Shoe Carnival has launched its e-commerce site, offering more than...
Shoe Carnival has launched its e-commerce site, offering more than 1,500 styles of shoes and accessories. The American shoe retail chain's web store will offer site-exclusive promotions, including the possibility to win additional discounts based on a system similar to the Spin & Win Wheel of its physical stores. Customers ...
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News briefs
Tacco Footcare, the German manufacturer of insoles, shoe care products...
Tacco Footcare, the German manufacturer of insoles, shoe care products and orthotics, declared on Oct. 14 that it has gone into insolvency. The companies Pietsch and Fox-Shoecare, both affiliates of Tacco Footcare, are also affected by the group's bankruptcy. Although the order situation has been stable, the companies have experienced ...
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News briefs
Brown Shoe Company has finalized the sale of its men's...
Brown Shoe Company has finalized the sale of its men's basketball and lifestyle shoe brand, And 1, to Galaxy International for $55 million in cash. Brown Shoe plans to use the proceeds from the deal to pay down debt. The U.S. shoe retail and wholese company acquired And 1 in ...
