All Shoe Intelligence articles in Volume 15, Issue 18-19
View all stories from this issue.
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News briefs
+++ Zalando will have a pop-up store in place on...
+++ Zalando will have a pop-up store in place on Amsterdam's Kalverstraat between Oct. 2 and 6 +++ Gioseppo opens its third store in Beirut, Lebanon +++
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Wolverine Worldwide has promoted Jodi K. Watson to the new...
Wolverine Worldwide has promoted Jodi K. Watson to the new position of president of consumer direct operations, reporting directly to Blake W. Krueger, chairman, chief executive and president of the growing American footwear group, which is committed to expanding the online and retail operations of its brands around the world. ...
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Prada is pulled by its own stores
The Prada Group posted revenues of €1.727 billion in the first half ended July 31, up by 11.6 percent on the year earlier in terms of euros and by 14.8 percent at constant exchange rates. Sales through the company's own stores (DOS) went up, while sales to third parties declined ...
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Higher sales and profits at Steve Madden
Steve Madden posted sales of $297.6 million in the second quarter ended June 30, representing 3.1 percent growth as compared to the same period of 2012, despite a challenging retail environment. Comparable store sales went up by 2.5 percent. The gross margin expanded to 37.2 percent in the quarter compared ...
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Heelys is undergoing a makeover under the ownership of Sequential...
Heelys is undergoing a makeover under the ownership of Sequential Brand Group, which acquired the brand of wheeled footwear at the beginning of this year. A TV commercial due to be broadcast in October in the Americas as well as in Europe and Asia will mark the launch of a ...
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Strong results for Grendene
Grendene's net sales jumped by 21.4 percent to 330.5 million Brazilian reais (€104.8m-$138.6m) in the second quarter ended June 30, as compared to a year ago. The company, which owns brands such as Ipanema, Melissa and Rider, also raised its gross and operating margins for the period, and its net profit ...
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Görtz starts sounding out investors
As previously reported, the Görtz family has indicated that it would welcome new shareholders in the big German-based shoe retail company that bears its name. A structured process to examine the various expressions of interest that have been made so far began on Sept. 2 with the help of Leonardo, ...
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German suppliers and retailers record lower sales
The statistics presented ahead of the GDS fair by the federation of the German footwear and leathergoods industry, HDS/L, show that a weak order situation has led to another decline in its members' sales. The German shoe industry's sales in the first half of this year decreased by 2.17 percent ...
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News briefs
Nordstrom has lowered its full-year forecast, in spite of posting...
Nordstrom has lowered its full-year forecast, in spite of posting a double-digit profit increase in its second quarter, as it expects a drop in sales. Net earnings for the upscale U.S. fashion retailer were $184 million in the second quarter ended Aug. 3, 2013, compared with $156 million for the ...
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Phoenix Footwear saw net losses narrow in the second quarter...
Phoenix Footwear saw net losses narrow in the second quarter ended June 29, from a $470,000 during the second quarter of fiscal 2012 to $359,000 over the same quarter of fiscal 2013, as sales and product prices improved. Net sales from continuing operations for the California-based comfort shoe maker increased ...
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Spartoo’s study tells how French women are fond of shoes
Spartoo, the French online shoe shop, has initiated a study on women's attitudes toward shoes which is now a book, published in France by Kawa under the title “Tout savoir sur... Les Femmes et leurs chaussures.” The aim of this book, written by a sociologist, Coline Lett, and Vanessa Genin, ...
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Peter Kaiser opened its first outlet store in Germany, in...
Peter Kaiser opened its first outlet store in Germany, in country's biggest outlet center in Zweibrücken, located close to Peter Kaiser's headquarters in Pirmasens. The store not only sells closeouts from previous seasons, but also products with defects from the current season. About 3 percent of the company's whole production ...
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+++ Lelli Kelly is reportedly launching its first line of...
+++ Lelli Kelly is reportedly launching its first line of clothing, aimed at young girls up to the age of nine +++ Allen Edmonds has launched a line of clothing and leather goods including alpaca sweaters made in Peru and caps and scarves made in Scotland +++
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News briefs
The GDS shoe fair opened today with a total of...
The GDS shoe fair opened today with a total of 800 exhibitors. Another 330 exhibitors are partecipating in the Global Shoes fair, which started one day before the GDS in response to a request for more time for making purchasing decisions. New exhibitors at the GDS are Talbot Runhof, Liu Jo ...
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The owners of Neiman Marcus, a group of private equity...
The owners of Neiman Marcus, a group of private equity investors led by TPG and Warburg Pincus, have agreed to sell the luxury retail chain to Ares Management LLC and Canada Pension Plan Investment Board (CPPIB), in a deal worth $6 billion. TPG and Warburg Pincus paid about $5.1 billion ...
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DSW posts solid sales and profit increase
DSW reported a sales increase of 9.7 percent to $562 million for the second quarter ended Aug. 3, as compared to the second quarter ended July 28, 2012. Comparable store sales increased by 4.4 percent, on top of a 4.2 percent comparable sales increase last year. The Columbus, Ohio-based retailer ...
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News briefs
There is increasing evidence that Wolverine Worldwide will shut down...
There is increasing evidence that Wolverine Worldwide will shut down the European office of Collective Brands in the Netherlands, which currently employs about 100 people. Noting that the integration process in the Europe, Middle East and Africa (EMEA) region is going well, company officials recently told us that they have ...
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News briefs
Sales of shoes over the internet doubled to an estimated...
Sales of shoes over the internet doubled to an estimated one billion euros in Germany during the second quarter of 2013, as compared to the same period one year ago, according to the German Distance Retailing Federation (BVH). Clothing remained the biggest retail item in the German e-commerce sector with ...
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New managers and new distribution strategies at Viking
After a jump of 20 percent in 2011 to 380 million Norwegian kroner (€47.5m-$62.7m), Viking Fottøy's sales took a sharp 16 percent nosedive last year, largely due to the effect of poor weather conditions in the Nordic countries and to the bankruptcies of some major shoe retailers such as Brandos, ...
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De Fonseca opens its first stores
The Italian company, which is known mainly for its colorful and stylish lounge shoes, has opened its first mono-brand store. Located in the San Martino shopping center of Novara, not far from the company's head office in the Turin area, it measures just over 120 square meters. It will be ...
