All Shoe Intelligence articles in Volume 14, Issue 6-7
View all stories from this issue.
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Short stops
Vans is opening a subsidiary in Sweden this year, and...
Vans is opening a subsidiary in Sweden this year, and taking over the distribution in Norway and Finland in 2013, according to a local report
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Article
Yoox launches shoescribe.com
The big Italian-based online retailer has launched an international e-commerce operation specializing in women's footwear sold at full price, called Shoescribe.com. The platform offers a wide range of products by over 100 brands including Acne, Bally, Baldinini, Cesare Paciotti, Marc Jacobs, Sergio Rossi, Sam Edelman, Stuart Weitzman and René Caovilla, ...
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News briefs
Zalando is widening the range of products sold on its...
Zalando is widening the range of products sold on its website once more by adding home textiles and accessories, including the branded offerings in this segment of fashion brands such as Escada, Esprit, Joop! and Tom Tailor. This section of the Berlin-based e-commerce portal, which started off with shoes in ...
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Article
Italian investors take over Spirale
An Italian investment firm, AB Group, and the private equity Ersel Investment Club have bought a 73 percent stake in an Italian manufacturer, Spirale, specialist in injection-molded casual footwear. The shoemaker produces rain and after-ski boots under the Spirale name and safety shoes under the Nora brand. In 2011, Spirale ...
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Article
Hermès reports record profits
Hermès' long-term development strategy did not prevent the company from reaching an operating margin of 31.2 percent of sales in 2011, the highest level since it went public on the Paris stock exchange in 1993 and 3.4 percentage points above 2010, but the management said yesterday that it will not ...
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News briefs
Torsten Schmidt is leaving Head, where he held the position...
Torsten Schmidt is leaving Head, where he held the position of business manager for shoes and bags. Simon Brenneis, product manager for the division, will take over some of his responsibilities until a successor is on board.
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News briefs
Starting next month, Geox will be selling its Snake sneaker...
Starting next month, Geox will be selling its Snake sneaker collection, which pays tribute to various national flags in advance of the Olympic Games this summer in London. It includes nine styles for men and women and seven models for children. They will be available for prices starting at €99 ...
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Article
Lurchi and Salamander expand at wholesale and retail
Lurchi, the children's shoe brand of Salamander, won a special prize for outstanding achievement in brand management on March 13, shortly before the GDS fair in Düsseldorf. Reintroduced to the market for the fall/winter 2010-11 season, Lurchi was crowned by the German Marketing Association (DMV) for the “Best Brand Relaunch” ...
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News briefs
Slem, which stands for “shoes leather education museum,” is opening...
Slem, which stands for “shoes leather education museum,” is opening up in Waalwijk, Netherlands. The nonprofit initiative, which has been spearheaded by the Dutch design studio of Nicoline van Enter, will offer specialized workshops, courses and seminars for footwear students and professionals to help them develop new skills in footwear ...
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Article
Tod’s starts e-commerce
Tod's launched an e-commerce service in the U.S. on March 13, which will be a testing ground before expanding the service to Europe at the end of this year or in early 2013.The initiative is part of the group's ongoing move to boost its retail business. At the end of ...
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Article
ECCO makes record profits
The big Danish shoe company's pre-tax profit increased by 43 percent last year to 904 million Danish kroner (€121.6m-$160.9m) as its sales rose by 16 percent to DKK 7.1 billion (€954.8m-$1,264m), of which the vast majority - DKK 6,754,712 (€908,400-$1.2m) - were made up of shoes and accessories. The operating ...
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Article
Grendene’s foreign distributors set up more kiosks
Visitors to the two Westfield shopping centers in London and to others in Poland, Hungary and Bulgaria will see special kiosks in their alleys with attractive displays of Grendene's Grendha, Ipanema and Rider ranges of shoes. Inspiring a sensation of joy, combined with low price ranges of €15 to €30 ...
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Article
Turkey’s trade deficit in shoes increases
Turkey's shoe exports rose by 29.5 percent in volume in 2011 to 92.64 million pairs. In U.S. dollars, the value of exports went up by 11.5 percent to $441.30 million. The country has a market share of 0.37 percent of global shoe exports, according to data released by the Turkish ...
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News briefs
A German court has ruled in favor of K-Swiss in...
A German court has ruled in favor of K-Swiss in its seven-year legal battle with Künzli over the five-stripe design on their shoes. Künzli has been using the design for more than 50 years and shared it with K-Swiss when it helped set up the new company in 1966. However, ...
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Article
Geox continues to improve gross margins
Geox posted a strong increase in its gross margin in the second half of 2011 and expects the trend to continue this year. Nevertheless, a recovery in the higher gross margin will not necessarily boost operating margins, as the company will have higher overheads due to investments in marketing and ...
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Article
Continued progress and expansion for DSW
This other American shoe retail chain reported an increase in comparable store sales of 5.6 percent for the fourth quarter ended Jan. 29, which came on top of a 14.9 percent gain in the same quarter a year ago. Accessories and men's shoes had the strongest increases, followed by ...
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News briefs
Skechers is taking its loyalty rewards program for consumers up...
Skechers is taking its loyalty rewards program for consumers up a notch with the announcement of Skechers Elite, which rewards people who provide reviews and answers about Skechers products on the company's website. Consumers can earn points for giving their feedback as well as for making purchases, and the points ...
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News briefs
Todd Rokita, a Republican representative at the U.S. Congress from...
Todd Rokita, a Republican representative at the U.S. Congress from Indiana, has signed on as the 50th co-sponsor of the Affordable Footwear Act making its way through the U.S. House of Representatives. The act would eliminate $800 million in import duties on some types of footwear, mostly work and children's ...
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News briefs
Sarenza, the main competitor of Spartoo in France, is planning...
Sarenza, the main competitor of Spartoo in France, is planning to enter the Polish market shortly, while launching a new e-commerce platform - Sarenza.eu - that would cover all the European markets for which it doesn't have a dedicated website. Somewhat like Spartoo, Sarenza reports a 60 percent increase in ...
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News briefs
Nicaragua plans to show off its increasingly competitive footwear production...
Nicaragua plans to show off its increasingly competitive footwear production platform at an international footwear investment forum being held on June 13-14 in Managua. About 30 participants will attend Nicaragua, the Right Step, including visitors from the U.S., Italy, Brazil and Central America. They will represent footwear manufacturers, brands, industry ...
