All Shoe Intelligence articles in Volume 15, Issue 14-15 – Page 3

  • News briefs

    Retail sales of shoes fell in France by 5 percent...

    2013-06-13T00:00:00Z

    Retail sales of shoes fell in France by 5 percent in the first four months of this, according to the Institut Français de la Mode, although this doesn't include footwear sold over the internet. Specialty stores and hypermarkets suffered the biggest drops, going down in this category by 9.5 percent ...

  • Article

    DSW posts 4 percent higher profit

    2013-06-13T00:00:00Z

    DSW reported sales of $601.4 million for the first quarter ended May 4, 2013, up 7.7 percent over last year's first quarter. However, comparable store sales decreased by 2.4 percent as compared to the quarter ended April 28, 2012, when they had increased by 7.6 percent. The company said that a ...

  • News briefs

    The legal dispute between Hermès and LVMH, which owns 22.6...

    2013-06-13T00:00:00Z

    The legal dispute between Hermès and LVMH, which owns 22.6 percent of its shares, has reached new heights. LVMH announced a lawsuit against Hermès one week ago after its new chief executive, Axel Dumas, declared that its incursion into the company's equity was “not desired and not desirable.” LVMH says ...

  • Article

    Shoe Carnival’s profit drops by 13.6 percent

    2013-06-13T00:00:00Z

    Shoe Carnival reported a 4.3 percent increase in net sales to $232.3 million for the first quarter ended May 4, driven by a net increase of 27 stores over the first quarter last year. On a comparable store basis, sales were down by 0.8 percent. Net income decreased to $9.5 ...

  • Article

    Brown Shoe reports a $10.8 million loss on charges

    2013-06-13T00:00:00Z

    Brown Shoe Company reported a sales decline of 1.6 percent in its first quarter, ended May 4, accompanied by a net loss of $10.8 million due to charges of $28.8 million associated with its ongoing portfolio realignment efforts, including its recent sale of Avia and Nevados. That compares to a ...

  • News briefs

    On June 1, Thomas Kamm assumed the position of country...

    2013-06-13T00:00:00Z

    On June 1, Thomas Kamm assumed the position of country manager for Austria and Germany at Merrell and Chaco, two of the brands of Wolverine Worldwide. He replaces Michael Dörner, who managed the sales of Merrell in central Europe for seven years. Dörner has left the group to become area ...