All Shoe Intelligence articles in Volume 15, Issue 22-23
View all stories from this issue.
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Article
Vulcabras reduces sales and losses
Sales continued to decline in the third quarter at Vulcabras, the Brazilian company that owns the Azaleia, Dijean and Olympikus brands and has a contract with the Adidas Group for the Reebok brand covering Brazil, Argentina and Uruguay. The company's net revenues fell by 15.4 percent to 349.5 million reais ...
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Article
Louis Vuitton is losing steam
Like Gucci at Kering, the flagship brand of LVMH seems to have reached the limits of growth, at least momentarily. Without disclosing a specific figure, company officials were quoted as saying that Louis Vuitton's sales were slightly lower than those of the entire Fashion & Leathergoods division of LVMH, whose ...
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Article
Ugg will use less sheepskin
Ugg Pure, a new type of fabric entirely made with wool and used in some of the linings and footbeds of Deckers Outdoor's Ugg shoes, has been well received as an alternative to table grade sheepskin, and the company intends to extend its usage throughout the line and to other ...
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News briefs
Mipel, the leathergoods show in Milan, will be held from...
Mipel, the leathergoods show in Milan, will be held from Aug. 31 to Sept. 3 next year to coincide with the new dates of TheMicam. Its dates will move back two weeks earlier also in 2015, starting with a Feb. 15-18 for the first session of the year.
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Short stops
Pittards, a major supplier of leather to the sporting goods...
Pittards, a major supplier of leather to the sporting goods sector, says it refused a cash offer for the acquisition of its shares
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Short stops
Mirapodo, the online shoe shop managed by the German Otto...
Mirapodo, the online shoe shop managed by the German Otto Group, is launching its own private label of shoes, called Essentials
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Short stops
Lumberjack has opened four new franchised stores in Southern Italy...
Lumberjack has opened four new franchised stores in Southern Italy and one in Ljubljana, the capital of Slovenia
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News briefs
Vietnam's exports of leather and footwear are likely to reach...
Vietnam's exports of leather and footwear are likely to reach a record of at least $8.1 billion this year, according to Lefaso, the industry's trade association. They could even go beyond the level of $8.4 billion. In the first nine months of 2013, the industry's exports increased by 15.8 percent ...
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Article
EPAF opens its first manufacturing facility in the U.S.
Elan-Polo American Footwear (EPAF) is investing $10 million to open its first American footwear manufacturing facility in Hazlehurst, Georgia. The 13-acre factory is expected to open in March 2014 and to produce 4 million pairs of shoes a year for retailers across the U.S., including Wal-Mart. The new facility should ...
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News briefs
The next edition of TheMicam Shanghai will run from March...
The next edition of TheMicam Shanghai will run from March 24 to 26, in line with the forward shift in the dates of TheMicam Milan and a little earlier than previously planned. It will take place after Obuv, the Russian show organized by Assocalzaturifici, which will be held in Moscow ...
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News briefs
Dubarry of Ireland plans to open shortly a new flagship...
Dubarry of Ireland plans to open shortly a new flagship store in London. It will be located on Duke of York Square in the Chelsea district of the English capital. The company says that its store in Dublin has been a major success since its opening in October 2012.
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Article
Origin labels draw nearer
Antonio Tajani, the European Commissioner for Industry, told a restricted group of representatives of trade publications and the press in Paris a few days ago that he had 22 different alternative proposals for a comprise that would lead to the passage of new regulations for the mandatory labelling of the ...
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Article
Ferragamo’s European sales slow down
Salvatore Ferragamo's European sales were up by 11.5 percent at actual and constant currency rates in the first nine months of this year to €246.7 million. The European turnover grew by only 6.0 percent to €80.0 million in the third quarter, indicating a major slowdown from the 13.9 percent increase ...
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Article
Steve Madden posts double-digit sales and profit increase
The U.S.-based footwear company recorded a 10.6 percent increase in net sales to $394.8 million for the quarter ended Sept. 30 as compared to the same period of 2012, despite a difficult retail environment, beating revenue expectations and meeting Wall Street estimates. According to analysts, the company's agile structure and ...
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News briefs
Deckers Outdoor has won a judicial dispute with Intermedium Shoes...
Deckers Outdoor has won a judicial dispute with Intermedium Shoes in the district court of The Hague with regard to the design of Ugg Australia's Bailey Button boot. The Dutch trading company had initiated the legal action after the American company attacked a German retailer for selling allegedly fake boots. ...
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Article
Crocs weighs strategic options
Crocs is reportedly considering new strategic options, including the sale of the company to new investors, after its failure to take the company out of the stock exchange with the help of a private equity fund.With its earnings projected to fall by more than 50 percent this year to ...
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Article
Continued progress for Superga
Steven Madden's good work in the U.S. with the licensed Superga brand helped the latter's parent company, Basicnet, to book a 32.8 percent increase in the total wholesale-equivalent revenues of the group's licensees in the Americas. Basicnet also owns other brands including Kappa, Robe di Kappa and K-Way.Basicnet has signed ...
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News briefs
Reckitt-Benckiser, which took over SSL International, parent company of Scholl,...
Reckitt-Benckiser, which took over SSL International, parent company of Scholl, in July 2010, has informed all the European shoe retailers that have been selling Scholl footwear that they will not be able to order them anymore, starting with the spring/summer 2014 season. According a top official of Scholl in Milan, ...
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News briefs
Netrada Europe, a German company that has supplied e-commerce services...
Netrada Europe, a German company that has supplied e-commerce services to more than 80 brands, has filed for insolvency, due apparently to a cash squeeze caused by its rapid development. Sources indicate that it has the backing of the banks and that it plans to continue to operate normally, going ...
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News briefs
Kyaia, the Portuguese company that owns the Fly London and...
Kyaia, the Portuguese company that owns the Fly London and Softinos brands, plans to introduce Softinos shoes gradually in its Fly London stores. The company has just moved its Fly London store in Oporto to a bigger and more central location. Kyaia worked together with Aerosoles for many years in ...
