All Shoe Intelligence articles in Volume 14, Issue 19-20 – Page 6
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News briefs
Ronald Page, a footwear industry veteran, died on Sept. 6...
Ronald Page, a footwear industry veteran, died on Sept. 6 at the age of 75. He worked for Polo Ralph Lauren, Ellesse and Nike before he joined Deckers Outdoor Corporation in the early 1990s as the vice president for sales at Teva. He oversaw the brand's biggest growth years, and ...
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A U.S. judge has approved a $40 million settlement between...
A U.S. judge has approved a $40 million settlement between Skechers and consumers who filed more than 70 lawsuits against the company over its Shape-Ups toning shoes. The deal, which has yet to be finalized at a public hearing next March, follows a settlement three months ago with the U.S. ...
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Genesco’s sales grow by 4%
For the second quarter ended July 28, Genesco reported earnings from continuing operations of $10.6 million compared with $350,000 for the year-ago quarter. The results for the quarter reflect pre-tax items of $3.3 million, primarily including, decreased by tax rate adjustments, and asset impairment charges. Last year, second-quarter results included ...
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Yue Yuen’s sales up 7.3%
Yue Yuen reported revenues up by 7.3 percent to $5.56 billion in the nine months ended June 30. Recurring profit grew by 12.4 percent to $387.9 million, indicating an increase in margins. The net profit amounted to approximately $427.9 million.The company's shoe manufacturing turnover grew by 5.7 percent to $3,892.8 ...
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Ferragamo’s footwear sales rise by 24.3%
Salvatore Ferragamo continued to book strong growth in footwear in the first half, posting a 24.3 percent rise in sales to €245.5 million. On a currency-neutral basis, shoe sales were up by 18.7 percent.Sales of leathergoods and handbags, the group's second-largest product line, rose by 25.1 percent to €179.8 million. ...
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Article
Hermès’ sales up 21.9%
Hermès' consolidated sales in the first half of 2012 totaled €1.59 billion, up by 21.9 percent at current exchange rates and by 15.4 percent at constant exchange rates. Sales continued to expand both in the group's own stores and in the wholesale channels. The operating profitability reached 32.1 percent of ...
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News briefs
Footwear exports from Turkey climbed by 20 percent in value...
Footwear exports from Turkey climbed by 20 percent in value in the first seven months of 2012, reaching $334.3 million. According to the Turkish Association of Shoe Designers, the country's footwear companies have improved their branding and design, leading to the increase. Islam Seker, the president of the association, said ...
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Article
Vulcabras sees an uptick in Q2
Vulcabras' results for the first half were mixed. Operating revenues declined by 3.1 percent to R$891.7 million (€336.2m-$442.0m), with a drop of 9.4 percent in domestic sales to R$664.7 million (€250.7m-$329.5m), but the total number of pairs sold by the Brazilian company rose by 3.5 percent to 18.0 million. Total ...
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News briefs
All China Leather Exhibition (ACLE), launched in 1998 to present...
All China Leather Exhibition (ACLE), launched in 1998 to present Chinese buyers with the latest developments from the global leather industry, took place at the Shanghai New International Expo Centre in Pudong on Sept. 4-6. The event ran concurrently with China International Footwear Fair (CIFF) and Moda Shanghai. The companies ...
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News briefs
Up to 150 to 200 current exhibitors at Bread &...
Up to 150 to 200 current exhibitors at Bread & Butter are said to be likely to be thrown out of the fair as part of a major cleanup decided by the management. Reacting to criticism from the major brands and buyers, Karl-Heinz Müller, the boss of the Berlin show, ...
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News briefs
Snipe presented its first fully compostable shoe, Snipe 100, at...
Snipe presented its first fully compostable shoe, Snipe 100, at this year's GDS show in cooperation with the German star cook Tim Maelzer. Retailers could order the shoe, which was available at retail in men's and women's models as of Sept. 5, at the GDS show in March. Snipe offers ...
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News briefs
Since Aug. 1, Daniel Griffel has been the new export...
Since Aug. 1, Daniel Griffel has been the new export manager at Marc Shoes. He worked for eight years at Lloyd as key account manager on the international sales team, where he was responsible for Eastern Europe. At Marc Shoes, Griffel is responsible for the international development of the company, ...
