All Shoe Intelligence articles in Volume 16, Issue 13-14
View all stories from this issue.
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Article
Wolverine streamlines
Wolverine Worldwide has decided to streamline its operations, terminating its footwear license with Patagonia and to close down about 140 under-performing stores in the next 18 months. About 75 percent of the stores, which have seen a slowdown in mall traffic, belong to the company's Stride Rite Children's Group, which ...
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News briefs
Vagabond is planning to open a second single-brand store in...
Vagabond is planning to open a second single-brand store in Berlin by the end of next year, building up to a total of 35 mono-brand stores worldwide, most of them in Scandinavia and Eastern Europe. Vagabond recently opened a store in Cologne.
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Article
Labelux is no more
Oliver Goudet, Bart Becht and Peter Harf, senior partners in the holding company of the Johann A. Benckiser (JAB) group, are taking over the management of Bally, Belstaff, Jimmy Choo and Zagliani. These brands were previously run through a subsidiary of JAB specializing in luxury goods, Labelux, which is being ...
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Short stops
Kodiak is relocating its manufacturing operations to a site in...
Kodiak is relocating its manufacturing operations to a site in Cambridge, Ontario, and says it remains committed to making shoes in Canada
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Article
Softer growth for Hermès
For the first quarter, Hermès International had reported sales increases of 10.1 percent in euros and 14.7 percent in constant currencies. The French luxury goods group has now reported sales increases of only 5.8 percent in euros and 10 percent in local currencies for the second quarter of its financial ...
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Short stops
Hans-Joachim Wolters, founder and president of Waldi Schuhfabrik, owner of...
Hans-Joachim Wolters, founder and president of Waldi Schuhfabrik, owner of the FinnComfort brand, has received a special prize for entrepreneurship in Bavaria
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Short stops
Palladium, a former supplier of the French Foreign Legion, is...
Palladium, a former supplier of the French Foreign Legion, is partnering with Alpha Industries, an American specialist in aviation jackets, on two models of military-style boots being offered to customers this autumn
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News briefs
As previously reported, Fly London is going to open its...
As previously reported, Fly London is going to open its first mono-brand store in the U.S. in September. The store will be run in cooperation with Fly London's distributor partner in the U.S., Bos. & Co. Kyaia, the Portuguese company that owns Fly London, set up a joint venture ...
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Short stops
Veja is launching a sneaker made with fish leather in...
Veja is launching a sneaker made with fish leather in the autumn After Kappa and Lurchi, KangaROOS has agreed to become a licensee of the German WMS system for the fitting of children's shoes
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News briefs
Lloyd raised its sales in the first quarter of this...
Lloyd raised its sales in the first quarter of this year by 6.7 percent to €34.7 million, as compared to the same period of the previous year. In terms of volume, sales grew by 4.1 percent to 510,000 pairs. Lloyd experienced higher sales in Germany, while the international markets developed ...
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Article
Macintosh group grows faster, gets new funds
Macintosh Retail Group, parent company of Brantano, Scapino and other major shoe retail chains in the Netherlands, Belgium and the U.K., announced last week the elements of a new overall €180 million refinancing package, intended to strengthen its shoe formats and its omni-channel retail operations. It also announced an acceleration ...
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News briefs
Members of the Migliorati and Modali families have secured ownership...
Members of the Migliorati and Modali families have secured ownership of the Fly Flot brand name at an auction of the assets of the former parent company that they controlled, Lones. They have not taken over the debt of the bankrupt Italian company, but they have bought its machinery and ...
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Article
Expo Riva Schuh holds its own
Expo Riva Schuh has published stable attendance figures for the 82nd edition of its show, which took place near Italy's Lake Garda last month. At 10,806, the total number of visitors was practically the same as a year ago. Several exhibitors praised the high quality of the business and the ...
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Article
Spain’s Yorga Group expands in the U.S.
The Yorga Group, a big Spanish shoe retailer and distributor, has created a company in the U.S. for the distribution of the Coolway brand and other private labels owned by the group in the U.S. and Canada. The group owns and manages a total of about 150 retail shops, including ...
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Article
Toms expands range to new segments
The American company, famous for its “One for One” program, has added a collection of handbags, travel bags and similar products to its product range. The bags collection will be available from spring/summer 2015. For each bag purchased, Toms will provide for a safe birth for a mother and a ...
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Article
Superga expands internationally
Superga has opened several new mono-brand stores outside its domestic Italian market in the last couple of months and signed distribution contracts for new markets.Its first mono-brand store in South America was opened this week. The store is in the JK Iguatemi mall in São Paulo and is owned and ...
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Article
H&M to expand shoe offering
Hennes & Mauritz says that it plans to launch in the autumn an extended and improved range of shoes for women, men, youth and children. The products will be available online on the hm.com site and in about 30 selected stores in nine countries including China, the U.S., the U.K. ...
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Article
Hickies sets up European sales network
Hickies, the two-year-old American company that launched an innovative elastic lacing system for shoes and raised $4.2 million in funding through the Collaborative Fund and the venture arm of an unnamed global footwear brand, has sold more than one million packages with 28 laces since its launch in July 2012 ...
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Article
Intra-trade picks up in the EU
Imports of footwear into the member countries of the European Union registered an overall 7 percent increase in both quantity and value during the first quarter of 2014, compared with a 3 percent increase in 2013. EU exports also performed well in the quarter, with quantities up by 15 percent ...
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News briefs
Sarenza, the profitable French e-tailer specializing in high-margin shoes, has...
Sarenza, the profitable French e-tailer specializing in high-margin shoes, has reportedly obtained a new round of financing worth €74 million, largely reserved to two investment funds, LHD and BPI France, and a couple of private investors. Stéphane Treppoz and Hélène Boulet-Supau, who together hold 72 percent of the equity, would ...
