All Shoe Intelligence articles in Volume 14, Issue 11-12 – Page 3
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News briefs
Rick Paterno is leaving the Jones Group, according to Footwear...
Rick Paterno is leaving the Jones Group, according to Footwear News. A former chief executive of Rockport, which he left in 2007, he joined the parent company of Nine West and other brands and banners in 2008, working first as president of wholesale and better footwear brands, and then ...
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The Art Company has launched a collection of accessories for...
The Art Company has launched a collection of accessories for its shoes, including decorative pins, bracelets, belts and scarves. Customers can buy them from the brand's dealers individually or as a package.
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News briefs
Theresia Muck is moving its production abroad as its production...
Theresia Muck is moving its production abroad as its production site in Bruchweiler in Germany will be closed for economic reasons. About 26 employees are affected by this decision. The Naot group from Israel, to which Theresia Muck has belonged since November 2007, still plans to employ about 75 people ...
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News briefs
The German buying cooperative GMS launched a campaign about health...
The German buying cooperative GMS launched a campaign about health and wellness shoes together with the German Shoe Institute, DSI. The health shoes product group within GMS, which consists of 200 orthopedic and comfort shoe retailers in Germany, will concentrate on back pain. Between May 29 and June 9, the ...
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News briefs
Esprit reported a 7.8 percent decline in group turnover for...
Esprit reported a 7.8 percent decline in group turnover for the three months ended on March 31, but comparable store sales improved by 0.5 percent, with growth of 2.8 percent in Europe, signaling a turnaround. A further positive factor was the complete shutdown of its loss-making retail operations in North ...
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News briefs
The brothers Jacques and Alain Royer together own a 77.5...
The brothers Jacques and Alain Royer together own a 77.5 percent share in Groupe Royer. They are looking for new investors as the equity investment fund Apax Partners wants to sell its 22.5 percent minority stake in the big French shoe company.
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Article
Skechers goes for a $45 million settlement on toning
Skechers USA has agreed to pay $45 million to U.S. customers and another $5 million to attorneys to settle once and for all the claims lodged by U.S. consumers for misleading advertising of its Shape-up range of toning shoes. The company stresses that it disagrees with the allegations of misconduct, ...
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News briefs
Vietnam exported $33.4 billion worth of goods from January to...
Vietnam exported $33.4 billion worth of goods from January to April this year, according to the General Statistics Office of Vietnam, up from $26.9 billion in the same period in 2011. Leather footwear and products made up $2.4 billion of the total, up from $2.1 billion last year. Broken down ...
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News briefs
After 27 U.S. Congress members sent a letter supporting the...
After 27 U.S. Congress members sent a letter supporting the easing of tariffs through the Trans-Pacific Partnership (see Shoe Intelligence of May 7), another 18 have weighed in on the other side. They are asking Ron Kirk, U.S. trade representative, to keep the tariffs in place, arguing that they are ...
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News briefs
A total of 25 large, medium and small companies have...
A total of 25 large, medium and small companies have already joined an information coalition around a Brussels-based lawyer for the repayment of anti-dumping duties that they paid to the European Commission on leather shoes imported from China and Vietnam between 2006 and 2011. The lawyer, Edwin Vermulst, who belongs ...
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News briefs
R.G. Barry has reported a 24.9 percent jump in its...
R.G. Barry has reported a 24.9 percent jump in its turnover to $25.1 million for the third quarter ended March 31. The gross margin rose by 5.2 percentage points to 44.6 percent in the period, leading the American company to record a net profit of $834,000, compared with break-even results ...
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Article
Drapers’ 2012 Footwear Awards
The jury coordinated by Drapers magazine in the U.K. assigned this year's “Outstanding Contribution to Footwear Award” to Harvey Jacobson, the executive chairman of Jacobson Group.The son of a shoe retailer in Manchester, Jacobson has put together a group that sells about 10 million pairs of shoes per year for ...
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Article
Ferragamo’s footwear sales rise by 26.2%
Salvatore Ferragamo continued to record strong growth in footwear in the first quarter, posting a 26.2 percent rise in sales to €110.9 million. Shoes were the fastest-growing segment for the luxury goods group after fragrances, up by 35.7 percent to €20.1 million thanks to the launch of the Signorina perfume. ...
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News briefs
French retailers saw their sales of shoes increase by 4.2%...
French retailers saw their sales of shoes increase by 4.2% in the first three months of 2012, driven by increases of 6.4 percent in mass market shoe retail chains, 11.2 percent in clothing specialty chains and 16.0 percent in hypermarkets and supermarkets. Independent shoe retailers raised their sales by only ...
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News briefs
The German Leather Federation, VDL, has established the new ECO2L...
The German Leather Federation, VDL, has established the new ECO2L label to designate products that are made using best energy-efficiency low-carbon technologies. The federation calls it as “the world's first calculation and auditing model for determining the energy efficiency and the carbon emissions of a tannery.” The Leather Research Foundation ...
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News briefs
Phoenix Footwear turned around to a net profit of $261,000...
Phoenix Footwear turned around to a net profit of $261,000 in the first quarter of 2012 from a loss of $436,000 in the year-ago period as its sales jumped by 18.4 percent to $5.7 million, lifted by an increase of more than 45 percent in its SoftWalk brand. Nevertheless, the ...
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