All Shoe Intelligence articles in Volume 13, Issue 27 – Page 3
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News briefs
After numerous changes in management, Sixty Group, the Italian company...
After numerous changes in management, Sixty Group, the Italian company that markets brands such as Miss Sixty, Energie and Killah, has a general manager. His name is Michel Lhoste and he reports to Sixty's chief executive, Pietro Bongiovanni. Lhoste was previously the general manager of Clothing Company, the Italian firm ...
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News briefs
After entering many other European markets, Zalando of Germany has...
After entering many other European markets, Zalando of Germany has started an online shoe retail operation in Switzerland, backing up the launch with a major TV advertising campaign. Meanwhile, Zalando has decided to boost the fashion, beauty and sports information section of its German website, called News & Styles, ...
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Article
Thai flooding affects Ecco and others
The severe flooding that has been devastating more and more parts of Thailand, claiming over 400 deaths and damaging the homes and the belongings of millions of people, has also affected Ecco and other manufactures of leather and footwear in the country. At the beginning of October, Ecco's Thai leather, ...
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Article
European shoe importers want money back for AD duties
A special arbitration panel, set up by the World Trade Organization in July 2010 to examine Chinese complaints that the European Union had violated some of the WTO's guidelines in assessing anti-dumping duties on imports of leather shoes from China, has found some inconsistencies in the process that led the ...
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News briefs
The acquisition of the Bogs brand last March helped to...
The acquisition of the Bogs brand last March helped to boost sales and profits at Weyco Group, but Florsheim and other properties contributed as well to its improved figures for the third quarter. The U.S. company has reported quarterly increases of 29 percent in sales to $74.6 million and 29 ...
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News briefs
The second session of Première Classe, the footwear and accessories...
The second session of Première Classe, the footwear and accessories show held in Paris during the recent Fashion Week, recorded a 10 percent drop in the number of visitors. The organizers attribute the decline to the underlying economic crisis, but stress that the best buyers were there and that the ...
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News briefs
Prada announced that the Golden Gate Yatcht club has accepted...
Prada announced that the Golden Gate Yatcht club has accepted that its Luna Rossa sailing boat take part in the America's Cup scheduled in San Francisco in 2013. Luna Rossa's backing yatch club is Circolo della Vela Sicilia based in Palermo. Luna Rossa has signed a cooperation agreement with Emirates Team ...
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Article
Steven Madden grows by 70.5%
Steven Madden's third-quarter sales rose at a staggering rate of 70.5 percent to $313.9 million, beating market expectations of revenues of around $308.0 million. The American company indicated that it now expects full-year revenues to rise by 49-50 percent from 2010 and increased its guidance for profits.The group's wholesale business ...
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Short stops
Rainer Kundörfer, a 49-year-old top executive of Leder & Schuh...
Rainer Kundörfer, a 49-year-old top executive of Leder & Schuh who recently left the Austrian-based retail chain after more than 15 years of service, has set up his own consultancy, providing advice in the areas of international expansion and retail development
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News briefs
Anders Börve, 38, has been named chief executive for Selected...
Anders Börve, 38, has been named chief executive for Selected Brands Nordic AB, a distribution company for fashion and shoe products in Scandinavia and the Baltic countries. It works for brands such as Hush Puppies, Caterpillar, Teva, Peak Performance, Lacoste and others. Anders spent 10 years working for Diesel and ...
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News briefs
Macintosh Retail Group has repurchased 289,578 of its own shares...
Macintosh Retail Group has repurchased 289,578 of its own shares at an average price of €11.52, for a total amount of €3,335,939. The buyback took place through several block trades and went relatively quickly. The Dutch retail group, which owns Brantano, Scapino, Jones Bootmaker and other sho retail chains, had ...
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Article
Crocs grows by 27.5%
Crocs has reported a 20.8 percent increase in net income to $30.2 million and a rise of 27.5 percent in revenues to $274.9 million for the third quarter. The company had predicted higher sales, but they came below forecast in its U.S. stores and to a lesser extent in Europe ...
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Short stops
The German Design Council has given the 2012 Silver Prize...
The German Design Council has given the 2012 Silver Prize for product design to the “Mountain” model from Ricosta's children's shoe collection, joining 25 other brands in the category such as BMW, Daimler, Ricoh, Audi and Grohe
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News briefs
Bata India enjoyed a 46.2 percent increase in pre-tax profit...
Bata India enjoyed a 46.2 percent increase in pre-tax profit to 450.3 million rupees (€6.6m-$9.2m) in the third quarter as sales rose by 26.8 percent to INR 3.69 billion (€54.5m-$75.1m). Predicting that this will be the most profitable year for the company, the management said the results stemmed from continued ...
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Article
PPR’s luxury goods sales rise by 23.1%
PPR's core luxury, sport and lifestyle units posted a 20.9 percent increase in sales in the third quarter to €2.206 billion. On a comparable basis, growth was limited to 18.0 percent because the sport and lifestyle division benefited from the consolidation from July 1 of Volcom, an American brand of ...
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News briefs
Swedish shoe retail sales declined by 1.7 percent in August,...
Swedish shoe retail sales declined by 1.7 percent in August, but on a comparable, calendar-adjusted basis, the decline was more like 6.3 percent. During the first eight months of 2011, Swedish shoe retailers suffered sales declines of 0.8 percent in absolute terms and 4.6 percent in real terms.
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News briefs
A survey of nearly 3,000 small and medium-sized manufacturers in...
A survey of nearly 3,000 small and medium-sized manufacturers in the Pearl River Delta region of Southern China indicates that many of them have seen their profits decline by between 30 and 40 percent as compared to last year, due to rising raw material and labor costs, combined with lower ...
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News briefs
Brazilian packers and tanners exported 25,000 tons of hides and...
Brazilian packers and tanners exported 25,000 tons of hides and skins in September, achieving export revenues of $163.2 million, according to the Brazilian tanning industry association, CICB. In value, exports were 15 percent lower compared with August but 28 percent higher than a year earlier. In volume, they were 16 percent ...
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Short stops
A survey of 1,000 women commissioned by MBT found that...
A survey of 1,000 women commissioned by MBT found that more than 40 percent of those who wear high-heel shoes have suffered an accident through them, most often from falling over
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News briefs
Esprit has reported a 0.6 percent increase in revenues to...
Esprit has reported a 0.6 percent increase in revenues to 8.55 billion Hong Kong dollars (€0.8b-$1.1b) for the latest quarter, ended on Sept. 30, but in local currencies they fell by 8.2 percent. Revenues were almost equally split between the company's wholesale and retail operations. In local currencies, they ...
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