All Shoe Intelligence articles in Volume 15, Issue 12-13 – Page 2
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Article
Yue Yuen’s profit is cut in half
Yue Yuen Industrial Holdings reported yesterday a 49.9 percent drop to US$61.6 million in net profit attributable to the company's owners for the first quarter ended March 31 as compared to the same period a year ago. Its total turnover, which includes the retail revenues of Pou Sheng International, increased ...
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News briefs
Fornarina has launched its online store for customers in Europe,...
Fornarina has launched its online store for customers in Europe, with Russia, Asia and the Americas due to follow in 2014. Like its single-brand stores, it will be the place to buy limited-edition items such as its new Fornarina Ltd. capsule collection of shoes. For its launch, the website is ...
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News briefs
In search for the right customer loyalty program, Reno is...
In search for the right customer loyalty program, Reno is now cooperating with Bonusinside. In more than 450 stores in Germany, the shoe retail chain's costumers can now use its new bonus system. In contrast to traditional loyalty cards, Bonusinside permits the collection of bonus points when paying with a ...
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Article
Crocs posts double-digit sales growth
Crocs reported first-quarter revenues of $311.7 million, up 14.7 percent on the first quarter of 2012, or 16.6 percent higher on a constant-currency basis. The record performance was attributed by the company to innovative products, the success of the company's multi-channel strategy and the global reach of its business. During ...
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News briefs
Pablosky continues to expand in the Middle East. The Spanish...
Pablosky continues to expand in the Middle East. The Spanish shoe company has opened its first store in Israel, located in Tel Aviv, and others should follow in the country. Other stores are planned in the next few months in Abu Dhabi and Qatar.
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Article
Geox scrambles to cut costs as sales continue to decline
Geox will accelerate cost-cutting measures to protect profits after booking a 20.4 percent decline in first-quarter and forecasting a deeper drop than initially anticipated for the first half. The management promised that advertising expenditure would be the last to be affected as the group aims to avoid damaging its marketing ...
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Article
Mixed conditions in the Nordic shoe market
The Danish Eurosko buying group is in financial trouble. According to local reports that could not be confirmed, its bankers have refused to finance further purchases in behalf of its few remaining shoe retailers. Reportedly, the retail sales of the Danish group fell by 5.3 percent to 125 million Danish ...
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News briefs
The international community is following the tragic events in the...
The international community is following the tragic events in the clothing industry of Bangladesh, where more than 1,000 workers were killed by the collapse of a building last month and other recent incidents. The clothing sector employs many more people and generates 80 percent of its export revenues, but the ...
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News briefs
A study by Prometeia, commissioned by the Italian industry federation,...
A study by Prometeia, commissioned by the Italian industry federation, Confindustria, sees the highest growth prospects for Italian footwear in the Middle East and North Africa for the next five years. Its exports to the region are expected to increase by 58.9 percent until 2018, compared with an increase of ...
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News briefs
Zalando has launched its first TV commercial spot for men...
Zalando has launched its first TV commercial spot for men in Germany and Switzerland. The new initiative comes after an international survey that showed more than 70 percent of men enjoy shopping in Germany and France, but 30 percent wait for promotions to buy clothing or shoes in Germany, and ...
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Article
UNIC clarifies its stance on sustainability
UNIC, the association that represents Italy's tanners, is calling for complete transparency and traceability for the origin of finished leathers used in shoes and clothing imported into the European Union in view of the guarantees that the Italian leather industry is able to provide in terms of environmental and social ...
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Short stops
The Prada group has opened two new stores for Church's...
The Prada group has opened two new stores for Church's in Shanghai, bringing up to 15 the total number of stores opened for the brand since 2008
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News briefs
Monge has chosen to open its first showroom ever in...
Monge has chosen to open its first showroom ever in Palma de Mallorca . The Spanish brand of men's shoes was founded in 2012 by Pedro Monge, a former executive at Camper, one of Mallorca's most famous footwear brands, but the designer waited until April 2013 before opening his own ...
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News briefs
Jimmy Choo has opened its first flagship store specializing in...
Jimmy Choo has opened its first flagship store specializing in men's shoes. It is located at 35 Dover Street, in the Mayfair district of London. Measuring 110 square meters, it sports a club atmosphere and features a cocktail bar. The brand had previously closed down a pilot men's store nearby.
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Short stops
Jimmy Choo is using the image of Nicole Kidman, the...
Jimmy Choo is using the image of Nicole Kidman, the well-known actress in “Grace of Monaco,” for its latest advertising campaign
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News briefs
Heinrich Deichmann, chief executive of the international shoe retailing group that...
Heinrich Deichmann, chief executive of the international shoe retailing group that bears his family name, announced in the newest issue of the German Der Spiegel that Deichmann will be expanding to Russia next year. To begin with, the company plans to open five to seven stores in Moscow and St. Petersburg and in ...
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News briefs
Minelli, one of the shoe retail chains of the French...
Minelli, one of the shoe retail chains of the French Vivarte group, is testing out an advanced digital merchandising concept at five locations in the Paris area. It uses interactive touch screens, with multi-channel connectivity to smartphones, as dynamic window displays. Customers are invited to consult the product catalog and ...
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Short stops
Cat Footwear has signed up Tyler Hilton, a singer, songwriter...
Cat Footwear has signed up Tyler Hilton, a singer, songwriter and actor from California, to give an endorsement for its Earthmovers campaign
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News briefs
CTCR, the Technological Footwear Center of La Rioja, is carrying...
CTCR, the Technological Footwear Center of La Rioja, is carrying out research on the use of nanotechnology to improve the durability, weight and comfort of a shoe and on such issues as the design of ergonomic and ecological products. The Spanish research agency has conducted a total of 179 projects ...
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News briefs
Mascaró has launched a new line of lounge shoes called...
Mascaró has launched a new line of lounge shoes called Pretty Loafers. Inspired by the mocassins that the company began to manufacture on the island of Menorca in 1955, they follow the success of its Pretty Ballerinas line.
