All Shoe Intelligence articles in Volume 14, Issue 21-22 – Page 4

  • News briefs

    Bakers Footwear has filed for bankruptcy, after announcing store closures...

    2012-10-12T00:00:00Z

    Bakers Footwear has filed for bankruptcy, after announcing store closures and cost-cutting measures due to declining sales last summer. The company listed assets of $41.9 million and debt of $59.5 million as of Apr.28 in the documents filed in U.S. Bankruptcy Court in St. Louis. According to court papers, the ...

  • News briefs

    After meeting public authorities and the labor unions, Pietro Bongiovanni,...

    2012-10-12T00:00:00Z

    After meeting public authorities and the labor unions, Pietro Bongiovanni, the recently appointed chief executive of Sixty Group, filed for preliminary bankruptcy proceedings because of a huge debt of more than €250 million and a big drop in revenues, which fell to €267 million last year, compared with a peak ...

  • News briefs

    Repetto is diversifying its product range by adding a line...

    2012-10-12T00:00:00Z

    Repetto is diversifying its product range by adding a line of women's ready-to-wear clothing for its growing network of mono-brand stores, which is set to reach 60 locations by the end of this year. The line will be introduced at the end of this year. It has been designed by ...

  • News briefs

    Remonte Dorndorf, the German shoe brand acquired by Rieker ten...

    2012-10-12T00:00:00Z

    Remonte Dorndorf, the German shoe brand acquired by Rieker ten years ago, has changed its name to Remonte and launched a new logo and a new product range with new designs for the spring/summer 2013 season. The collection is accompanied for the first by a line of handbags. Rieker says ...

  • News briefs

    Pittarello, the Italian shoe retail chain acquired by Alessandro Benetton's...

    2012-10-12T00:00:00Z

    Pittarello, the Italian shoe retail chain acquired by Alessandro Benetton's 21 Investimenti, has launched its new advertising campaign for autumn-winter 2012-2013, on the occasion of the reopening of its store in Treviso, in Italy's northeast. The new campaign is dedicated to families, under the slogan “Scarpe Pittarello. Scarpe di famiglia.” ...

  • News briefs

    KPMG is auditing the accounts of Jimmy Choo to consolidate...

    2012-10-12T00:00:00Z

    KPMG is auditing the accounts of Jimmy Choo to consolidate those of its various subsidiaries, following its expensive acquisition by Labelux. The newest one is the brand's subsidiary in China. Jimmy Choo is in fact taking control of its distribution in Mainland China with immediate effect. The London-based footwear brand ...

  • News briefs

    Esprit booked net income of 873 million Hong Kong dollars...

    2012-10-12T00:00:00Z

    Esprit booked net income of 873 million Hong Kong dollars (€87.3m-$112.6m) for the year ended June 30. It was way higher than the profit of HK$79 million recorded in the previous year, but lower than the financial analysts' projections. Revenues were off by 10.5 percent in local currencies, down to ...

  • Short stops

    Zalando has obtained loans of €40.7 million from a pool...

    2012-10-12T00:00:00Z

    Zalando has obtained loans of €40.7 million from a pool of banks to help finance its new 78,000-square-meter logistic center in Erfurt, Germany

  • News briefs

    Patrick Röseler, 38, is joining the executive board of Ara...

    2012-10-12T00:00:00Z

    Patrick Röseler, 38, is joining the executive board of Ara Shoes. The move follows the recent departure of Ara Shoes' chief executive, Tobias Zimmerer, who was also in charge of production and other matters. Patrick Röseler is a brother of Jenny Röseler, Zimmerer's wife, and son of Robert Röseler, the ...

  • News briefs

    Moreschi has inaugurated a new 220-square-meter showroom in Piazza San...

    2012-10-12T00:00:00Z

    Moreschi has inaugurated a new 220-square-meter showroom in Piazza San Carlo, in the heart of Milan. It is designed as an open space and is decorated in a technological and contemporary urban style. The Italian brand already has a store in Milan, in the centrally located Piazza San Babila. Although ...

  • News briefs

    Interbrand has released the 2012 edition of its Best Global...

    2012-10-12T00:00:00Z

    Interbrand has released the 2012 edition of its Best Global Brands report, providing a ranking of the world's 100 most valuable brands on an annual basis. While Coca-Cola retains its no. 1 position and Apple jumps to no. 2, ahead of IBM and Google, Prada has returned to the list ...

  • News briefs

    The 2012 edition of the All China Leather Exhibition (ACLE),...

    2012-10-12T00:00:00Z

    The 2012 edition of the All China Leather Exhibition (ACLE), held on Sept.4-6 in Shanghai, attracted 22,204 visitors, 16.25 percent more than in 2011. Visitors from China were 18,699, an increase of 20.22 percent from last year, while overseas visitors came in at 3,138, up by 1.69 percent. Apart from ...

  • News briefs

    U.S. customs confiscated 20,457 pairs of counterfeit Christian Louboutin shoes...

    2012-10-12T00:00:00Z

    U.S. customs confiscated 20,457 pairs of counterfeit Christian Louboutin shoes at the Los Angeles/Long Beach seaport. According to U.S. authorities, three different importers shipped the fakes on July 27 and Aug. 14 of this year. Customs officers noticed that the boxes containing the knock-off shoes came from China, while the ...

  • News briefs

    Geox has announced a €15.8 million investment in a new...

    2012-10-12T00:00:00Z

    Geox has announced a €15.8 million investment in a new shoe factory in Serbia. The Serbian government is reportedly backing the project by giving the Italian company €9,000 for each of the 1,250 workers recruited for the project, or a total of €11.2 million. The factory should produce 1,250,000 pairs ...

  • News briefs

    A total of 133 paying delegates attended the first Footwear...

    2012-10-12T00:00:00Z

    A total of 133 paying delegates attended the first Footwear Sustainability Summit in Shanghai last Sept. 13-14, resulting in a full house, and the event will likely be repeated next year. One of the speakers was Luigi Grosso, president of Euro Brand Management in Germany. The delegates came from such ...

  • News briefs

    Cortina is investing €12 million in the establishment of ‘The...

    2012-10-12T00:00:00Z

    Cortina is investing €12 million in the establishment of ‘The Cortina Chain of Shoe Knowledge' in the Guandong Province of China that should become operational by next March, after the Chinese New Year. The new complex will offer a one-stop solution to the big trading company's present and future clients ...

  • News briefs

    Wolverine Worldwide announced the belated completion of its $1.24 billion...

    2012-10-12T00:00:00Z

    Wolverine Worldwide announced the belated completion of its $1.24 billion acquisition of the Performance & Lifestyle Group (PLG) of Collective Brands, which comprises Saucony, Sperry Top-Sider, Stride Rite, Keds and Pro-Keds. Financed through a $1.1 billion senior secured credit facility, the takeover gives WWW a portfolio of 16 shoe brands. ...

  • News briefs

    The 23rd edition of Le Cuir à Paris attracted 14,011...

    2012-10-12T00:00:00Z

    The 23rd edition of Le Cuir à Paris attracted 14,011 visitors, an increase of 9.8 percent from September 2011. Boosted by the luxury sector, the leather and fur trade show, which closed last Sept. 21 in Paris, saw the participation of some 413 exhibitors, and its surface increased by ...