All Shoe Intelligence articles in Volume 15, Issue 4-5
View all stories from this issue.
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Article
Skechers recovers its momentum
Skechers' European business registered some growth in the fourth quarter ended last Dec. 31, and that goes also for Eastern Europe where sales had slowed down due to the economic recession. However, revenues in Italy and Spain continued to show a negative trend.In the fourth quarter, Skechers booked a 39.7 ...
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News briefs
+++ Tod's has launched a web store for Hogan +++...
+++ Tod's has launched a web store for Hogan +++
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Article
Paterno is running Highline United
Rick Paterno, who left as president of footwear at The Jones Group last June after four years with the company, has been appointed to the new position of president and chief executive of Highline United Holdings, with global responsibilities, with effect from the end of last month.The company markets various ...
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Article
Hermès predicts a record operating margin
Sales grew at an exceptional rate of 22.6 percent for Hermès International in 2012, reaching a record level of €3,484.1 million for the year. On a currency-neutral basis, they were up by only 16.4 percent, down from the 18.3 percent growth rate registered in the previous year, but it was sufficient to take ...
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Article
Mixed results for The Jones Group
The Jones Group has reported wider losses for the fourth quarter ended last Dec. 31 and for the past financial year as a whole. In the latest quarter, the net loss widened to $80.1 million from $20.9 million in the same period a year earlier, but total revenues went up ...
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News briefs
HDS, the German shoe industry federation, wants to upgrade the...
HDS, the German shoe industry federation, wants to upgrade the presentation of the members' interests outside Germany. An important step in this direction was taken last July with a cooperation agreement with the European Sporting Goods Industry Federation, Fesi. The two organizations want to recover some of anti-dumping duties paid by some their members on imports of ...
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News briefs
Yoox, the Italian-based web-only fashion retailer, recorded a sales increase...
Yoox, the Italian-based web-only fashion retailer, recorded a sales increase of 29.1 percent to €375.9 million for the full year ended Dec. 31, 2012, driven by strong sales growth in its key international markets, and particularly in the U.S. and China. Revenues from what the company calls its multi-brand business, including ...
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News briefs
Farida, the Indian footwear group, has set up a tannery...
Farida, the Indian footwear group, has set up a tannery near Addis Ababa in Ethiopia through its subsidiary in Singapore. The company sources all of its own materials through its subsidiaries. Farida focuses on exports, with 47 percent of its sales going to the EU. North America and Asia-Pacific each ...
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News briefs
+++ The Schuhfair, a touring German exhibition organized by a...
+++ The Schuhfair, a touring German exhibition organized by a well-known German agent, Thomas Stein, is being placed on ice due to an insufficient number of participants +++
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News briefs
Reno wants to set an example with the reopening of...
Reno wants to set an example with the reopening of its store in Kiel, Germany, at the end of February. The store, encompassing 2,100 square meters, will offer shoe collections for kids, women and men. The store was conceived by Thomas Ridder, who joined the expanded executive board of the ...
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News briefs
Lenzi Egisto, a major supplier of innovative textiles to the...
Lenzi Egisto, a major supplier of innovative textiles to the shoe industry, is going into liquidation. Its family shareholders, who refused to inject money into the company after the death of Egisto Lenzi in July 2009, have been asked to approve a proposal tomorrow to split the assets and sell ...
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News briefs
Joseph Stafiniak will be stepping into the newly created job...
Joseph Stafiniak will be stepping into the newly created job of senior vice president for merchandising for The Jones Group's Nine West brand. In the position, he will head up product and merchandising strategies as the brand expands globally. He reports to Kathy Nedorostek, the group president of global footwear ...
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News briefs
GMI USA Corp. is launching a line of men's shoes...
GMI USA Corp. is launching a line of men's shoes under the Seven for All Mankind label of premium denim jeans for next autumn. GMI is not related to the former GBMI, which licensed the brand's footwear in the past. Schwartz & Benjamin has been licensing the brand's women's shoes ...
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News briefs
Florence Shoe Company, an Indian manufacturer of shoes for foreign...
Florence Shoe Company, an Indian manufacturer of shoes for foreign brands such as Hugo Boss, Tommy Hilfiger, Ted Baker and Cole Haan, recorded a sales increase of 12 percent in 2012, with 1.8 million pairs exported. The Indian Council of Leather Exports awarded the company with the first prize in the category of leather ...
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News briefs
Sean John, the sportswear company owned by the music mogul...
Sean John, the sportswear company owned by the music mogul Sean “Diddy” Combs, is branching out into footwear through a licensing agreement with 2 Feet Productions. The company will source, manufacture, sell and distribute a collection of casual and athletic shoes aimed at men and children. Styles will include athletic-inspired ...
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News briefs
Native Shoe, the Vancouver company known for its colorful EVA...
Native Shoe, the Vancouver company known for its colorful EVA footwear, has signed a nonbinding letter of intent to sell a controlling interest to an investment group. Though specific terms of the deal have not been disclosed, Scott Hawthorn, the acting chief executive and majority investor, will sell his majority ...
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News briefs
Nike Inc. has completed the sale of Cole Haan to...
Nike Inc. has completed the sale of Cole Haan to Apax Partners for $570 million. As planned, Jack Boys, who has run Converse for ten years, has been appointed chief executive of Cole Haan. He previously served as vice president of global marketing for The North Face. The American shoe ...
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Article
JD Sports Fashion takes over Cloggs
After numerous recent acquisitions in the fashion and sports businesses, JD Sports Fashion, a major British fashion and sporting goods retailer controlled by Pentland Group, is moving into the shoe retail business by taking over Cloggs, according to Drapers. The British online shoe retailer, which trades also in France, Germany ...
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News briefs
Jimmy Choo now has only one creative director, Sandra Choi,...
Jimmy Choo now has only one creative director, Sandra Choi, following the departure of Simon Holloway, who served as co-creative director with her since November 2011. The U.K.-based footwear and accessories group said that Holloway has left the company to pursue other professional interests. Choi, who is the niece of ...
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News briefs
Iris Shoes is responding to the harsh competition from Chinese...
Iris Shoes is responding to the harsh competition from Chinese firms in the Riviera del Brenta shoe district by investing over €15 million in a new 12,000 square meters facility at Fossò, near Venice. With annual revenues of more than €50 million and plans to reach €90 million for 2015, ...
