All Shoe Intelligence articles in Volume 14, Issue 17-18
View all stories from this issue.
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Article
Mixed results at Madden
Steven Madden booked a 38.0 percent increase in second-quarter sales to $288.7 million but described the quarter as one of the most challenging for a while due to a drop in sales of sandals.Sandals, both at wholesale and retail, represented 35-40 percent of the group's sales of women's shoe in ...
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News briefs
Lacoste has teamed up with Micah Lidberg on a new...
Lacoste has teamed up with Micah Lidberg on a new capsule collection for Lacoste L!VE, the label's younger version. The American illustrator, based in Kansas City, brought his passion for nature into the collection, featuring distinctive animal-print panels and bright colors. The sneakers, clothing and bags of the new line, ...
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News briefs
United Nude has opened up its own showroom in New...
United Nude has opened up its own showroom in New York, after ending its relationship with Highline United, which previously ran the company's sales and showroom. The 2,500-square-foot space is in addition to the 9-year-old brand's flagship store in the city's SoHo neighborhood. Two new collections will be added for ...
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Article
Struggling Vulcabras loses its head
Milton Cardoso Dos Santos Filho has resigned as chief executive of Vulcabras, the big Brazilian company that owns the Azaleia and Olympikus brands and manages the distribution of Reebok in three Latin American countries. He has also left the company's board of directors. A public statement said that he is ...
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Article
Görtz restructures
The German shoe retail chain will be concentrating on its profitable core business in the future. In the framework of a comprehensive restructuring process, Görtz is putting its whole sales and distribution concept, its network of stores, and its administration and logistics apparatus to a test.The company plans to open ...
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News briefs
Gabor increased its sales, including revenues from its licenses, by...
Gabor increased its sales, including revenues from its licenses, by 5 percent to €188 million in the first half of 2012. About 5 million pairs of shoes were sold during the six-month period by Gabor under the brands Gabor, Camel Active, Snipe, Gabor Kids and Gabor Home in the first ...
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Article
Macintosh reports on a tough first half
Macintosh Retail Group reported a 12.4 percent increase to €323.8 million for the first half of this year in the revenues of its so-called Fashion retailing sector, including its numerous chains of shoe shops in the Benelux countries and the U.K., but the results were boosted by the acquisition of ...
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News briefs
Freegun recently presented its first line of footwear for men,...
Freegun recently presented its first line of footwear for men, women and children at the Expo Riva Schuh trade show last June 16-19. Freegun is the underwear brand of the French group Textiss. Freegun's new shoes, mostly characterized by bright colors and graphic designs inspired by the world of extreme ...
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Article
Management reshuffle at Esprit
Esprit has appointed José Manuel Martínez Gutiérrez as chief executive and executive director. He will replace Ronald van der Vis, who has asked to leave the company for personal and family reasons. Martínez, who will join Esprit by the end of September, comes from the Spanish retail group Inditex, owner ...
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News briefs
Gabor is enforcing its intellectual property rights with regard to...
Gabor is enforcing its intellectual property rights with regard to its trade name and its designs against a number of companies, including an Italian producer and companies in France and Spain. It recently won a court case against a Korean company accused of misusing Gabor's trademark rights. That firm will ...
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News briefs
E-Land Group said that it plans to list E-Land Fashion...
E-Land Group said that it plans to list E-Land Fashion China Holdings, its Chinese affiliate, on the Hong Kong Stock Exchange by the end of 2013. The Korean retailer, which owns such brands as Mandarina Duck, Coccinelle, Lario and Belfe, said that the listing could generate $1 billion worth of ...
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Article
Geox is launching e-commerce
Geox plans to launch an e-commerce platform on Sept. 20. The system is already operational and undergoing trials. The system is being opened to a selected group of high-profile clients and then to the company's employees on Aug. 20.The company said that the business will not have a dedicated warehouse ...
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News briefs
Geox is pulling out of the GDS show in Düsseldorf,...
Geox is pulling out of the GDS show in Düsseldorf, but it will go back to Micam in Milan next month after a long absence. The next edition of Micam will take place on Sept. 16-19 at the Rho trade fair area, near Milan. With an exhibition surface of over ...
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News briefs
Dr. Martens is no longer for sale. R. Griggs, which...
Dr. Martens is no longer for sale. R. Griggs, which owns the brand, said that it ended talks after offers failed to reflect what was deemed to be a fair value for the operation. The company had been considering a sale since the beginning of the year, when it hired ...
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Article
Europe drags down Wolverine’s growth
Reporting an increase of only 0.8 percent in its total sales to $312.7 million for the second quarter ended June 16, Wolverine Worldwide blamed especially the macroeconomic uncertainty in Europe. In Canada as well as in the Europe, Middle East and Africa region, the group's sales fell by a low-middle ...
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Article
Deckers has lower losses than expected
Deckers Outdoor Corporation, parent company of Teva, Ugg, Sanuk and other brands reported a lower than expected loss of $20.1 million for the second quarter ended June 30, up from $7.5 million in the same period a year ago, but the gross margin declined to 42.2 percent from 42.7 percent.Overall ...
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News briefs
The new owners of Erich Rohde have finally decided to...
The new owners of Erich Rohde have finally decided to close down its German shoe factory, located in Schwalmstadt. A total of 120 employees are concerned. Rohde will be transferring its production to another European country, but the exact location has not been announced yet. Product development and final inspection ...
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Article
Retail pushes up Crocs, but Europe underperforms
Crocs' sales grew by 12.0 percent in the second quarter to $330.9 million, fueled by increases of 10.9 percent in the Americas and 20.5 percent in Asia. In Europe, sales fell by 5.2 percent in terms of dollars. In local currencies, however, European sales dropped by 0.5 percent at wholesale ...
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News briefs
Cotance, the organization that represents the tanning industry in its...
Cotance, the organization that represents the tanning industry in its relations with the European Commission, has elected Rino Mastrotto as its chairman for the 2012-14 period. Mastrotto, who is at the head of the eponymous group, is also the president of Unic, the powerful Italian tanning industry association. Thomas Bee, ...
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Article
LVMH continues its double-digit growth
Confirming the good health of the luxury goods sector in these difficult times, LVMH reported a 12 percent increase on an organic, currency-neutral basis for the first half of this year, compared with the already strong first half of 2011. On a reported basis, total sales rose by 26 percent ...
