All Shoe Intelligence articles in Volume 14, Issue 13-14
View all stories from this issue.
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News briefs
Wolverine Worldwide is setting up a new office in...
Wolverine Worldwide is setting up a new office in Spain to run the distribution of Merrell, Patagonia Footwear, Cushe and Caterpillar Footwear, and to coordinate the Spanish sales activities for the 14 other brands of the group that are currently handled by distributors. It's a new business model for the ...
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News briefs
The organizers of Panorama, a new trade show for medium-priced...
The organizers of Panorama, a new trade show for medium-priced clothing, footwear and other accessories, announced the cancellation of its first edition, which was scheduled to be held in Berlin on July 4-6, simultaneously with Bread & Butter, Premium and other established and new fashion fairs such as The Gallery ...
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Article
Yue Yuen’s retail unit runs into a loss
Inflated rental and staff costs precipitated a loss at Pou Sheng, one of the two leading sports retailers in China, for the first six months of its financial year, until the end of March. The company's turnover increased by 9.7 percent to $846.1 million, including acquisitions that lifted the number ...
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Article
MBFG put into liquidation
The bankruptcy court of Reggio Emilia decided on June 4 to put Mariella Burani Fashion Group (MFBG) into liquidation on the grounds that time has run out to save or sell the company. In 2010, the court put the insolvent group into extraordinary administration, the equivalent the U.S Chapter 11 ...
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News briefs
There seem to be at least two or three serious...
There seem to be at least two or three serious potential bidders the MBT brand and other related assets. Meanwhile, MBT's sales subsidiaries in the U.K., Germany and the Netherlands have followed the parent company into bankruptcy proceedings. Some of the MBT stores in the U.K. are reportedly being shut ...
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News briefs
PPR and Yoox have signed a letter of internet to...
PPR and Yoox have signed a letter of internet to create a joint venture that would take care of the internet sales of some of the French group's luxury goods brands, such as Yves Saint Laurent or Sergio Rossi. The Gucci brand would be excluded. Yoox, which has a global ...
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News briefs
Various Italian groups, as well as India's National Institute of...
Various Italian groups, as well as India's National Institute of Design and its Footwear Design and Development Institute, are going to help the the Indian Council for Leather Exports set up a leathergoods design studio. Representatives from the three Indian groups are going to visit Italy this month to discuss ...
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Article
Guionneau leaves Görtz
Christoph von Guionneau, the 55-year-old chairman of the executive board at Görtz, left the big German shoe retail group with immediate effect in the middle of May. The 55-year-old Guionneau had led the company's executive board since 2007. The supervisory board said that Guionneau left the company of his own ...
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Short stops
Giuseppe Zanotti is launching a full-fledged line of men's shoes...
Giuseppe Zanotti is launching a full-fledged line of men's shoes at the Pitti Uomo fair in Florence
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News briefs
TT Footwear of Osnabrück, Germany, will present a new licensed...
TT Footwear of Osnabrück, Germany, will present a new licensed Tom Tailor Denim line of men's and women's shoes at the Expo Riva Schuh fair at the end of this week. The company is already the licensee of the German young fashion brand for casual men's and women's shoes.
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News briefs
House of Fraser is understood to be following Selfridges, Harrods...
House of Fraser is understood to be following Selfridges, Harrods and other department stores in the rest of Europe in enlarging and revamping its shoe floor. Its flagship store on Oxford Street in London will accommodate a World of Shoes of 12,500 square feet in the lower level of its ...
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News briefs
For the first time, Groupe Royer will be presenting its...
For the first time, Groupe Royer will be presenting its children's collections at the Mess Around show in Paris. The spring/summer 2013 collections will be on display at a reconstituted Kids & Kickers store in Hall 3 at Porte de Versailles from June 30 to July 3. The first Kids ...
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Article
Zalando expands further
Zalando, Europe's biggest online retailer for shoes and fashion, is on its way to reaching a global turnover of €1.3 billion this year, according to a report that is not being denied by company executives. After successful entries into Germany, Austria, Switzerland, the Netherlands, France and the U.K., the German ...
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News briefs
DSW is upgrading the outlook for the full financial year...
DSW is upgrading the outlook for the full financial year after posting a 10.9 percent sales increase to $558.6 million for the first quarter ended April 30, with 7.6 percent growth on a comparable store basis. The expanding American shoe retail chain is now predicting a same-store increase of between ...
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Article
Schuh doubles planned store openings
Schuh is accelerating its expansion plans to take advantage of real estate opportunities stemming from the economic recession hitting the U.K. Benefiting from the financial firepower of the American group Genesco, which took it over in June 2011, the British retailer plans to open 16 stores in the U.K. in ...
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News briefs
Vans has taken over the distribution of its products in...
Vans has taken over the distribution of its products in Sweden and Denmark, starting with the autumn/winter 2012 collections. Vans' parent company, VF Corporation, is opening subsidiaries in both countries, with their own showrooms and their own sales and marketing staffs, independently of other operations of the group in the region. ...
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Article
Italian shoemakers’ orders fall on weak domestic demand
The order backlog of Italian shoemakers is being hit by a weak domestic demand. Europe's sovereign debt crisis and a slowdown of the global economy indicate that the next three years could be challenging and that the Italian footwear industry may not repeat the results achieved in 2011, said Cleto ...
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News briefs
David Powers will be taking the position of president of...
David Powers will be taking the position of president of direct-to-consumer at Deckers Outdoor Corporation in mid-August, leading the company's retail and e-commerce businesses. He comes from Converse, where he was vice president for global direct-to-consumer and licensed retail. He has also held management positions at Timberland and Gap. In ...
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Short stops
Shri. D. Saalai Maraan is the new executive director of...
Shri. D. Saalai Maraan is the new executive director of India's Council for Leather Exports, replacing Ali Ahmed Khan
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News briefs
VF Corporation reportedly plans to reduce footwear sourcing in the...
VF Corporation reportedly plans to reduce footwear sourcing in the southern part of China to 11 million pairs by 2016, down from 40 million pairs in 2010. It plans to source more shoes from northern China, Vietnam, Bangladesh and elsewhere.
