All Shoe Intelligence articles in Volume 15, Issue 6-7
View all stories from this issue.
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Article
Cotance asks the EU to act on trade in raw hides and skins
Cotance, the leather industry’s representative body in the European Union, has asked EU authorities to take action to help tanners manage market conditions for the supply of raw hides and skins. This might include the use of export restrictions for hides and skins, according to leatherbiz.com. The European trade body claims ...
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News briefs
Zalando is set to reduce its staff in the U.K....
Zalando is set to reduce its staff in the U.K. According to just-style.com, the German online clothing and footwear retailer is cutting back on staff at its purchasing office in London, leaving a small team of four or five people there, while the other 13 employees have been offered the ...
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News briefs
As reported in the last issue of Shoe Intelligence, Lenzi...
As reported in the last issue of Shoe Intelligence, Lenzi Egisto has gone into liquidation, with its business split into two partners – wovens and nonwovens. The textile division, which is an important supplier of innovative and technical fabrics for the footwear industry, is being turned into a new company, ...
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Article
Grendene posts strong growth and good margins
Grendene has posted a 27.8 percent increase in gross sales revenues last year to R$2,359.6 million (€915.1m-$1,191.9m). Net sales for the year grew by 27.0 percent on 2011 while the volume of shoes sold increased by 23.3 percent to 185.0 million of pairs. Revenues from the domestic market were up ...
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Article
Wortmann wants to do more outside Germany
Wortmann wants to raise the share of the group's turnover generated outside its domestic German market in the next couple of years. A two-digit-million investment in advertising has been budgeted for export markets such as France and Austria. Currently, the shoe collections of Wortmann are sold to over 70 countries worldwide ...
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Article
Footwear profits improve at Macintosh
Macintosh Retail Group, the Dutch nonfood retail company that owns many shoe retail chains in the Benelux countries and the U.K., improved the underlying profitability of its shoe retailing activity despite poor market conditions in its main markets.The group's Fashion division, which includes its footwear retail business, posted an operating ...
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News briefs
Fratelli Rossetti and Istituto Marangoni, the Milan-based fashion training institution,...
Fratelli Rossetti and Istituto Marangoni, the Milan-based fashion training institution, will co-host a workshop in Milan on March 11 for the students in its master's degree course in fashion accessories and luxury goods. Students will then be given two months to create a product that is innovative and in line ...
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Article
Suppliers fared worse than retailers in Germany
The German shoe retailers' federation, BDSE, has reported stable sales for its members in 2012. While the specialist shoe trade achieved sales of around €8 billion in the last year, total shoe retail sales, including those of fashion boutiques, mail-order companies and department stores, reached €11.5 billion.The smaller specialist shoe stores were ...
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News briefs
The organizers of the new Micam Shanghai fair, scheduled for...
The organizers of the new Micam Shanghai fair, scheduled for April 9-11, are circulating an impressive list of the 236 companies that have registered to participate in its first edition. They include names such as Amazonas Sandals, Anatomic & Co., Baldinini, Ballin, Base London, Byblos, Caravelle, Dumond, Fabi, Fly London, ...
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News briefs
As expected, the general meeting of Fice, the Spanish shoe...
As expected, the general meeting of Fice, the Spanish shoe industry association, has elected José Juan Sanchís Busquier as its new president, taking the place of Rafael Calvo, who has run the organization for more than 20 years. Born in Elda and graduated from the University of Valencia, he moved ...
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Article
Steven Madden sees opportunities in Europe
The Steven Madden group continues to view Europe as a “big opportunity” in the long-term as the American group builds up its international business. In 2012, international sales totaled $94 million, representing less than 8 percent of group sales. However, Madden believes it can expand its international revenues to more ...
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Article
Esprit swings to half-year loss
The turnover of Esprit, the Hong Kong-based fashion retailer, declined by 13.4 percent to HK$13.55 billion (€1,345.4 m-$1,747.2m) for the first half ended Dec. 31, or by 8.8 percent on a comparable basis, excluding the impact of the disposal of the group's North American operations and store closure program.Esprit reported ...
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News briefs
Erik Van Heuven has left the Hamm Reno Group, where...
Erik Van Heuven has left the Hamm Reno Group, where he acted as chief operating officer and international chief executive, citing personal reasons. He had joined the German group, which runs the Reno chain of shoe stores among other activities, in June 2009, to take care of the wholesale business ...
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News briefs
Eram has launched a new shopfit, playing with yellow and...
Eram has launched a new shopfit, playing with yellow and anthracite, at two stores in Bordeaux and in the Parly 2 shopping mall near Paris. It will be rolled out to between 40 and 50 other stores by the end of this year, and subsequently applied to its remaining stores. ...
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News briefs
Ivo Nuti, the founder of the eponymous tanning group in...
Ivo Nuti, the founder of the eponymous tanning group in Santa Croce sull'Arno, in Tuscany, has died at the age of 79. Nuti started his business in 1955, when he produced suede splits for shoes with a workforce of 15. In the early days, production was entirely made for the ...
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News briefs
A new lineup of educational programs will be offered at...
A new lineup of educational programs will be offered at Magic Market Week in Las Vegas in August, thanks to a new partnership between FN Platform, the largest shoe show in the U.S., and the National Shoe Retailers Association. NSRA's offerings usually cover business topics and issues that help footwear ...
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Article
Deckers’ earnings slide but sales are up
Deckers Outdoor Corporation saw its net earnings fall by 22.9 percent in the fourth quarter to $98.1 million, from $127.2 million a year ago. Sales increased by 2.2 percent to $617.3 million compared with the same quarter last year. The company registered double-digit growth in the quarter for Sanuk brand ...
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Article
Outdoor is a dark spot in Wolverine’s sales
Wolverine Worldwide reported a lower than expected net loss of $3,499,000 for the fourth quarter ended last Dec. 29, which compared with a profit of $23,011,000 in the year-ago period, and its net earnings for the year were down to $80.7 million from $123.3 million in 2011.The group would have ...
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Article
Crocs feels it is turning the tide in Europe
Crocs plans to increase its marketing investments by one-third to about $15 million this year to raise consumer awareness of the brand. It also plans to open between 70 and 95 new stores – most of them in the first half – and to prepare the launch of a new ...
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News briefs
Francesco Russo is no longer creative director of Sergio Rossi,...
Francesco Russo is no longer creative director of Sergio Rossi, the Italian brand of high-end women?s shoes owned by PPR. He had been in the position since October 2008. In discussing the group?s results for 2012, PPR said that Sergio Rossi?s sales gross margins and operating profits improved. Sales were ...
