All Shoe Intelligence articles in Volume 14, Issue 19-20
View all stories from this issue.
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News briefs
Nine West is planning to open a standalone store for...
Nine West is planning to open a standalone store for its Nine West Vintage America collection, which it plans to turn into its own full-fledged fashion brand. The collection will include handbag collaborations with Monica Botkier, Dudine and Cynthia Dugan, and jewelry made in conjunction with Theodora and Callum. In ...
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News briefs
Supra is opening its second store in New York with...
Supra is opening its second store in New York with a location in Brooklyn. The California skate brand also has a shop in Paris, and sells its footwear through various U.S. distributors such as Zumiez and Shoe Palace. Supra has also launched the Vaider Steel style. The black upper is ...
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Short stops
While working on many new initiatives under its new Turkish...
While working on many new initiatives under its new Turkish owners, Lumberjack will unveil a new corporate logo at the Micam fair starting in Milan this Sunday
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News briefs
Kathy Nedorostek has left her position as president for North...
Kathy Nedorostek has left her position as president for North American wholesale and global licensing at Coach to join The Jones Group. Starting in mid-October, she will be the group president for global footwear and accessories, helping to expand Jones Group's footwear, handbags and jewelry. She will report to Richard ...
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Article
Heart of YSL-Louboutin lawsuit resolved
A U.S. appeals court has, in a roundabout way, ruled that Christian Louboutin's red soles merit trademark protection. The designer sued Yves Saint Laurent in April 2011, arguing that its use of red soles infringed on its patented look. The court dismissed the claims, but noted that the sole is ...
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Article
German shoe industry records lower sales
The statistics presented at the GDS fair by the federation of the German footwear industry, HDS, show that its total revenues decreased by 4.2 percent to €1.21 billion in the first half of this year compared with the same period last year. The sector's mood is still optimistic, though: Sales ...
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Article
Garant records losses
Garant assumes that its pre-tax earnings will be negative in the amount of €0.3 million in the first half of this year. The estimate comes partly because of an imperative accumulated depreciation in the range of its financial assets of €1.2 million. The allowance for depreciation will also have an ...
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News briefs
NPD Group has found that the penetration of online shopping...
NPD Group has found that the penetration of online shopping is greater for footwear than it is for clothing, at least in the U.S. Footwear is one of the top 10 categories bought on the internet. However, 25 percent of the customers who buy shoes online would rather shop ...
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Short stops
Metro, one of the largest footwear retailers in India, plans...
Metro, one of the largest footwear retailers in India, plans to open 30 to 35 stores this year, up from its current count of 230 shops in 60 cities; it also hopes to increase sales by 30 percent
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News briefs
Members of the footwear industry in the Punjab region of...
Members of the footwear industry in the Punjab region of India, including manufacturers, wholesalers and retailers, were to go on strike today to protest an increase in the VAT on footwear. The Shoe Merchants Association of Punjab said that the rate was raised from 5.5 percent for non-leather shoes and ...
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News briefs
Gabor can be satisfied with the first half of this...
Gabor can be satisfied with the first half of this year when it comes to sales of its brands Camel Active and Snipe, at least in Germany. While total sales of the two brands decreased by 5 percent, Gabor sold 542,000 pairs of shoes during the first half of this ...
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News briefs
In the first seven months of the year, investments in...
In the first seven months of the year, investments in Tunisia's leather and footwear industry rose by 372 percent to $25.7 million, according to the country's Agency for Promotion of Industry and Innovation. The figure got a big boost by a foreign investment of $18 million in a footwear plant ...
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Article
Phoenix Footwear sees a smaller loss and gets new financing
During the second quarter ended June 30, Phoenix Footwear reported a consolidated net loss of $470,000, an improvement over the loss of $535,000 in the second quarter of fiscal 2011. Operating expenses continued to decrease, primarily due to reductions in legal, public company, rent and other operating expenses associated with ...
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News briefs
Richter reports stable sales and profits for the financial year...
Richter reports stable sales and profits for the financial year ended last April. Sales were up in its domestic Austrian market, where footwear retailers suffered an overall sales decline of 8 percent in the course of 2011. The Russian market is back for this important brand of children's shoes, and ...
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News briefs
The Salvatore Ferragamo Museum in Florence is showing an exhibition...
The Salvatore Ferragamo Museum in Florence is showing an exhibition of shoes that Ferragamo made for the iconic actress Marilyn Monroe. Running until January, the exhibition demonstrates that the heels on Monroe's shoes are the same height, dispelling the myth that she always had one heel made slightly lower than ...
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Short stops
Katie Grand, a stylist and editor of the magazine Love,...
Katie Grand, a stylist and editor of the magazine Love, has designed a capsule collection of three shoes, one handbag and one pair of sunglasses for the Hogan collection being presented on Sept. 19 in the framework of the Milan Fashion Week
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News briefs
Francisco Vicente, a prominent figure in Spain's shoe industry during...
Francisco Vicente, a prominent figure in Spain's shoe industry during its boom years of the 1980s and '90s, died last month. He was the president of the Elche Footwear Industry Association, AICE, and pushed for the creation of regional footwear associations around the country. He also helped create strong ties ...
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Article
DSW’s revenues top expectations
The American shoe retailer's sales in the quarter ended July 28 increased by 7.5 percent to $512.2 million compared with the previous year period. On a same-store basis, they rose by 4.2 percent, after an increase of 12.3 percent in the second quarter of 2011. The net income in the ...
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Article
Wortmann slows down overall, not in fashion
The high inventories accumulated by the retailers due to the unseasonable weather conditions of the past three seasons are leading the Wortmann group to predict slower growth in the present financial year. For the year ended last May 31, however, the German powerhouse was still able to report a sales ...
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News briefs
Kurt Geiger is reportedly planning to shut down five of...
Kurt Geiger is reportedly planning to shut down five of its 60 stores in the U.K. and to open 15 stores in Germany over the next 154 months. Now a property of The Jones Group, the third-largest British shoe retailer is also planning to open between 10 and 15 stores ...
