All Shoe Intelligence articles in Volume 16, Issue 11-12
View all stories from this issue.
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News briefs
Reiner Schröder joined Rexor this month. He will be working...
Reiner Schröder joined Rexor this month. He will be working for the German buying group controlled by ANWR in the segment of comfort and orthopedic shoes. He was previously a sales representative for Berkemann, Spiess and Schein in Germany.
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News briefs
Working with a local partner, Paco Herrero will open the...
Working with a local partner, Paco Herrero will open the first 100-odd store corners in China in the second half of this year. The Spanish shoe brand plans to have about 200 stores in place by the end of 2015.
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Article
Strong growth for Superga
The aggregate revenues of BasicNet and its licensees improved by 4.15 percent to €116.5 million in the first quarter of 2014, driven by increases of 43 percent for K-Way and 34 percent for Superga.Superga had already recorded a 27.5 percent increase in sales last year, thanks to organic growth and ...
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Article
Grendene licenses Olympikus for sandals
Grendene has signed a licensing deal for the manufacture and sale of Olympikus branded sandals. Olympikus' parent company, Vulcabras, and Grendene, which makes sandals under the Ipanema, Rider and Cartago brands, belong to different parts of the Grendene family.Aside from a couple of brands of fashion shoes, Azaleia and Dijean, ...
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Short stops
New Mephisto stores have opened in Germany, notably in Osnabrück,...
New Mephisto stores have opened in Germany, notably in Osnabrück, Leipzig and the island of Sylt
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News briefs
Ifema, which organizes the Momad-Metropolis fashion fair in Madrid, is...
Ifema, which organizes the Momad-Metropolis fashion fair in Madrid, is hoping to see the number of footwear companies increase by 10 percent at the next edition of the show, planned for Sept. 12-14. Suppliers of shoes, leathergoods and other accessories represented 42 percent of the 1,300 companies exhibiting at the ...
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News briefs
Spartoo, the French online shoe retailer, has launched a European...
Spartoo, the French online shoe retailer, has launched a European marketplace on its website. About 100 retailers from France and other countries have joined the initiative including Spart Position, Sojeans, Cuiropolis and Edisac. Spartoo has an active presence in 20 European countries. It boasts 14 million unique visitors per month ...
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Article
Kyaia wants to double in size
Celebrating the company's 30th anniversary, Fortunato Federico, president of Kyaia, announced plans to double its turnover over the next ten years, reaching a target of €120 million and the leadership in the Iberian Peninsula by 2024. Investing one million euros a year, the company wants to double production from 4,500 ...
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Short stops
Tod's has launched a new social media platform, “Dots of...
Tod's has launched a new social media platform, “Dots of Life,” under the gommino.tods.com address, involving many important fashion bloggers
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Article
DSW reports on a disappointing quarter
The company's shares lost nearly a third of their value after DSW releasing its first-quarter results and lowered its sales projections for the full financial year, predicting an increase in the low single digits instead of its previous forecast of an increase of 6 and 7 percent. DSW's management blamed ...
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News briefs
Luis Onofre is the first shoe designer to have won...
Luis Onofre is the first shoe designer to have won an award as “designer of the year” in his home country, Portugal. Onofre belongs to the third generation of a family that has been making shoes. He created his own brand in 1999 and opened his first single-brand stores in ...
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News briefs
Original Penguin's men's shoes will be designed, developed and distributed...
Original Penguin's men's shoes will be designed, developed and distributed in Europe by 33 Joints under a licensing deal starting with the spring/summer 2015 collection, which will be presented at the Bread & Butter show in Berlin on July 8-10. Run by Antony Nathan, son of Malcolm Nathan, 33 Joints ...
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Article
Genesco posts higher sales while earnings decline slightly
Genesco reported a 6.3 percent increase in total sales to $629 million for the first quarter ended May 3, in line with the management's expectations, but its profitability was lower than what financial analysts had predicted. Earnings from continuing operations were $14.1 million, down from $14.5 million in the year-ago ...
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Article
Negative data from Italy
Big declines in exports to Russia and neighboring countries led the Italian shoe industry to register a 2.8 percent drop in export volumes during the first quarter of 2014, breaking the slightly positive momentum of last year. Italy sold 18.3 percent fewer pairs in Russia, 7.1 percent fewer pairs in ...
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News briefs
With its leather industry, France will be the “Focus Country”...
With its leather industry, France will be the “Focus Country” at the Material, Manufacturing & Technology (MM&T) section of the APLF show and its Fashion Access exhibition in Kong Kong from March 30 to April 1, 2015. The project will be led by the Conseil National du Cuir, or French ...
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Article
Luxury goods will continue to grow
The latest estimates compiled by Bain & Co. and other analysts for the Italian-based Altagamma Foundation indicate that the growth of the luxury goods market will continue this year, albeit at a slower pace than in the last few years. In 2013, the global luxury goods market rose by an ...
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News briefs
The Lifestyle Company takes over the distribution of Fitflop shoes...
The Lifestyle Company takes over the distribution of Fitflop shoes in France from the Belgian distributor of the brand, RA Company. Run by Michel Roueau, The Lifestyle Company, has other important brands in its portfolio including Hunter, Barbour, Ben Sherman, Fred Perry and three of Grendene's brands: Grendha, Ipanema and ...
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News briefs
Twin-Set, an up and coming Italian fashion group targeting women...
Twin-Set, an up and coming Italian fashion group targeting women between the ages of 35 and 45, has bought an 80 percent stake in Jumping, a shoemaker located at Porto Sant'Elpidio in the Marche region, for about €2 million. Twin-Set acquired the stake from Massimo Stortini, who retains a 20 ...
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Short stops
Christian Louboutin has received an honorary degree from the Fashion...
Christian Louboutin has received an honorary degree from the Fashion Institute of Technology of New York
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Article
Chinese group opens production site in the U.S.
Merchant House International inaugurated its first American footwear manufacturing facility in Jefferson County, Tennessee on May 22, just nine months after announcing plans to invest a “Made in USA” project. The operation is called Footwear Industries of Tennessee and the investment for the Chinese group is worth $5.4 million. It ...
