All Shoe Intelligence articles in Volume 15, Issue 18-19 – Page 4
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James Salzano, who has been running Clarks Company North America...
James Salzano, who has been running Clarks Company North America since the departure of Bob Infantino in 2011, has left the company, triggering a search for his successor. Ken Doninson, chief commercial officer of Clarks in the U.K., has taken over his responsibilities on an interim basis. Salzano plans to ...
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Footwear Distributors of America (FDRA), the powerful American trade association,...
Footwear Distributors of America (FDRA), the powerful American trade association, has agreed to represent the National Shoe Retailers Association (NSRA) in Washington, allowing the U.S. footwear industry to speak with a single voice. The NSRA federates more than 8,000 independent shoe retailers with annual sales of $7.2 billion.
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Altagamma has appointed Stefania Lazzaroni to the new role of...
Altagamma has appointed Stefania Lazzaroni to the new role of managing director, in charge of leading and coordinating the foundation's activities. Armando Branchini, the long-standing secretary general of the foundation, had already been named vice-president back in April, in charge of the jewelry, boating and wellness industries, as well as ...
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Good progress at Alpargatas
Alpargatas has reported a 14.8 percent increase in net income to 70.5 million reais (€23.3m-$30.9m) for the second quarter of 2013, as compared to the same period a year ago, as its total net revenues rose by 14.3 percent to R$831.1 million (€274.1m-$363.7m). For the first half of the year, sales ...
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Manufacturers in the Spanish town of Elda, near Alicante, have...
Manufacturers in the Spanish town of Elda, near Alicante, have registered a 20 percent growth in orders from high-end fashion brands in the last four years, according to the Spanish Footwear Industry Federation (FICE). Prada, Gucci, Jimmy Choo and Christian Louboutin have been ordering more shoes from Elda. The town ...
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OutDry Technology has filed a patent infringement suit against Geox...
OutDry Technology has filed a patent infringement suit against Geox in the U.S., requesting a temporary injunction against its line of Amphibiox shoes and monetary compensation for damages suffered by OutDry, which is a subsidiary of Columbia Sportswear since three years ago. The lawsuit, which is being reviewed by the ...
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Genesco cuts forecast after sales miss expectations
The results from continuing operations for the second quarter ended Aug. 3 were below analysts' forecasts for the Nashville-based footwear retailer, hurt by a challenging sales environment and a tough back-to-school season. Net sales for the second quarter increased by 5.7 percent to $574.7 million as compared to a year ...
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Rexor is offering its affiliated retailers in Germany a bonus...
Rexor is offering its affiliated retailers in Germany a bonus of one percent of their total order volume for orders placed with Italian, Spanish and Portuguese suppliers. The bonus will be given by the German footwear buying group directly to participating affiliated retailers. Additionally, Rexor is offering its members an ...
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Micro-Pak, a leader in anti-microbial packaging protection, has added three...
Micro-Pak, a leader in anti-microbial packaging protection, has added three new authorized distributors in Itamy, Romania and Portugal, raising to 20 the number of distributors worldwide. Meanwhile, Micro-Pak has promoted Victor Cesarani to sales and operations manager in the U.S., where its Enhanced Packaging Stickers and PE Sheets, recently obtain ...
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Skechers has announced that its public accounting firm, BDO USA,...
Skechers has announced that its public accounting firm, BDO USA, has completed a re-audit of the company's consolidated financial statements for the fiscal years ended Dec. 31, 2012 and 2011, and that no adjustments or changes have been made to those statements or related notes, except for updates with respect ...
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Sergio Rossi is reportedly for sale. According to the Italian...
Sergio Rossi is reportedly for sale. According to the Italian daily Il Sole 24 Ore, Kering, the French luxury conglomerate formerly known as PPR, has given a mandate to Mediobanca to sell the famous shoe brand. Sergio Rossi, whose models have been worn by international stars such as Gwyneth Paltrow ...
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Shoe sales in Belgium were generally positive in August, according...
Shoe sales in Belgium were generally positive in August, according to Shoes magazine, but with highly divergent results from one retailer to the other. Sales in the country rose by between 3.2 percent and 3.5 percent this past July compared with July 2012, but this was not enough to offset ...
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R.G. Barry wants to grow as an accessories business
R.G. Barry Corporation, parent of Dearfoams slippers and other brands of shoes, components and accessories, posted net earnings of $281,000 in its fourth quarter ended June 29, down from $474,000 in the same quarter a year earlier. The profit decline offset a small uptick in sales. Total sales in the ...
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Tod's see sales accelerating
The Tod's group said it is “comfortable” with forecasts made by financial analysts indicating that its full-year sales will rise by 6.4 percent to nearly €1.03 billion, with a gross operating margin (Ebitda) close to last year's level of 26 percent. In a conference call, Emilio Macellari, the group's chief ...
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Ferragamo’s footwear sales accelerate
Salvatore Ferragamo booked a 10.9 percent rise in footwear sales in the first half to €272.3million, improving on the 7.8 percent rise posted in the first three months of the year as sales picked up in the following quarter. On a currency-neutral basis, sales of shoes were up by 11.3 ...
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Weyco reports 8% sales growth
Weyco Group reported an 8 percent increase in net sales to $65.0 million for the second quarter ended June 30. Weyco's brands include Florsheim, Nunn Bush, Stacy Adams, Bogs, Rafters and Umi.Net earnings attributable to the company were flat at $2.2 million for the quarter. Earnings from operations were $3.7 ...
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Li & Fung’s earningsfall 69%
Li & Fung registered a 69 percent drop in first-half net profit to US$96.4 million, its lowest level in eight years, on sluggish consumer sentiment in Europe and the U.S., but the Hong-Kong group said it expects seasonal demand to help drive improved results through the end of the year. ...
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News briefs
As of last month, 42 retailers had adopted the new...
As of last month, 42 retailers had adopted the new SportXtreme concept proposed by the GMS buying group at the beginning of this year. Thirteen have signed contracts with GMS in Germany, eight in Austria and 21 in the Netherlands. One Dutch store has already been renovated based on the ...
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China's exports of leather shoes declined by 3 percent in...
China's exports of leather shoes declined by 3 percent in volume to 380 million pairs in the first half of this year, but their value inched up by 1.1 percent to $4.9 billion. Imports of leather shoes increased by 7.5 percent in volume to 10.3 million pairs, and they were ...
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Birkenstock is reportedly planning to double its production by 2020....
Birkenstock is reportedly planning to double its production by 2020. In order to reach this ambitious objective, Birkenstock plans to move its subsidiary Alsa, manufacturer of soles for running shoes and insoles, to the German town of Görlitz, where the subsidiary has had a branch office since 2009. Birkenstock acquired ...
