All Shoe Intelligence articles in Volume 16, Issue 17-18 – Page 2
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News briefs
Mintel estimates that online sales of clothing and footwear are...
Mintel estimates that online sales of clothing and footwear are expected to grow in the U.K. this year by 14.5 percent from last year's record level of £10 billion (€12.51bn-$16.28bn), representing 17 percent of total purchases of these items compared with 13 percent three years ago. Clothing and footwear are ...
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News briefs
Christophe Mélard has left the Kering group, where he has...
Christophe Mélard has left the Kering group, where he has been acting as president and chief executive of Sergio Rossi since 2009. Marco Bizzarri, who run Kering's luxury goods division, is taking over his responsibilities on an interim basis. Separately, Kering has appointed a director of fashion and luxury intelligence, ...
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Article
Jimmy Choo may go public at a high multiple
According to several reports, Jimmy Choo is likely to launch its initial public offering in London next month, seeking a valuation of about $1 billion. Johann A. Benckiser (JAB) Holdings, the company that also owns Bally and Coty, has hired Bank of America and HSBC Holdings to manage the sale.Last ...
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News briefs
VF Corporation has hired Dan Cherian as vice president, global...
VF Corporation has hired Dan Cherian as vice president, global innovation, performance apparel and footwear, a newly-created role. In this position, Cherian will oversee VF's Global Performance Apparel and Footwear Innovation Centers, where the company focuses on product innovation for the apparel, footwear and accessories of its brands. Cherian joins ...
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Article
TheMicam may change its dates
While the organizers of the GDS decided not to spell out the figures in mentioning a drop in the number of visitors at its latest show, which took place for the first time between the end of July and the beginning of August, the Italian shoe industry association, Assocalzaturifici, has ...
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News briefs
Tim O'Donovan, the retired former chairman and chief executive of...
Tim O'Donovan, the retired former chairman and chief executive of Wolverine Worldwide, has been designated to receive the Bob Campbell lifetime achievement award at gala to be staged by the Two Ten Foundation on Dec. 2 to celebrate its 75th anniversary. O' Donovan actively served on the board of the ...
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Article
Shoe Carnival plans new initiatives
The American shoe retail chain is introducing its first mobile application for shopping during the current third quarter of its financial year. At the same time, it is converting fulfillment of its e-commerce orders from a third party to its own distribution center and its own stores.The company is taking ...
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News briefs
Yves Carcelle, who led Louis Vuitton and the fashion and...
Yves Carcelle, who led Louis Vuitton and the fashion and leathergoods division of LVMH for 22 years until his departure at the end of 2012, passed away on Aug. 31 at the age of 66, after a long illness. Heading up Louis Vuitton since 1990, he took over the distribution ...
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News briefs
Camper is opening its first store in Paris under its...
Camper is opening its first store in Paris under its new high-end brand, Cartujano. It is located at a prestigious address: 16, rue du Faubourg Saint-Honoré. Other stores are planned in Madrid, London and Berlin.
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News briefs
Ugg has launched its first global marketing campaign under the...
Ugg has launched its first global marketing campaign under the “This is Ugg” theme, with the claim that it “Feels Like Nothing Else.” Addressing the customer's emotions, the campaign explores the theme that some of life's biggest moments are actually the smaller ones. The cross-channel campaign features real people and ...
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News briefs
A new exhibition, called “Shoes: Pleasure and Pain,” will show...
A new exhibition, called “Shoes: Pleasure and Pain,” will show around 200 rather extreme styles of footwear that have been created around the world at the Victoria & Albert Museum in London from June 13, 2015 until January 2016. The pieces on display will include a sandal covered with pure ...
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News briefs
The business of Fairchild Fashion Media, publisher of Women's Wear...
The business of Fairchild Fashion Media, publisher of Women's Wear Daily, Footwear News and other trade publications, is changing hands again. Conde Nast, the publisher of Vogue and Vanity Fair, is selling the business to Penske Media Corporation, publisher of Variety and other magazines and internet-based information services. Comerica is ...
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Article
Brown Shoe’s profit rises strongly
Brown Shoe Co. reported net sales of $635.9 million for the second quarter, up 2.3 percent versus the second quarter of 2013. Net earnings were $18.1 million,up 17.6 percent from the year-ago period. The results were driven by a 50.5 percent increase in operating income in the company's wholesale business ...
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Short stops
The British shoe designer Rupert Sanderson has opened his fourth...
The British shoe designer Rupert Sanderson has opened his fourth Asian store in Hong Kong, launching a limited edition for the market
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News briefs
Caprice, one of the brands of the Wortmann group, plans...
Caprice, one of the brands of the Wortmann group, plans to invest €3 million for the development of its headquarters in Pirmasens, including the creation of a training center for sales personnel. As the purchasing department will be based in Pirmasens, Caprice is building a 800 sqm storage unit, that ...
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News briefs
Gerli, the German company that owns the Dockers brand for...
Gerli, the German company that owns the Dockers brand for shoes in Europe, began to recover last year with a sales increase of 2.4 percent is targeting a further increase of between 5 and 10 percent of this year, despite flat results in the first half, because of the orders ...
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News briefs
Sycamore Partners, which bought the former Jones Group a few...
Sycamore Partners, which bought the former Jones Group a few months ago for $2.2 billion, is said to be actively planning to divest its controlling stake in Stuart Weitzman. The brand is generating estimated annual revenues of around $300 million. Reportedly its valuation could reach $800 million if the elderly ...
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News briefs
The court in Bologna that is handling the insolvency of...
The court in Bologna that is handling the insolvency of Bruno Magli has given its owners additional time until the month of November to present a new business plan that will have to be endorsed by its creditors. Meanwhile, Bruno Magli's showroom in Milan has been closed and most of ...
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News briefs
Minelli, one of the biggest shoe retail chains of the...
Minelli, one of the biggest shoe retail chains of the Vivarte group, has announced the recruitment for the coming autumn/winter selling season of its first testimonial, Georgia May Jagger, the 22-year-old fashion model who is known as the daughter of the singer Mick Jagger and Jerry Hall. The sponsorship is ...
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Article
Big drops in the Russian market
The Russian government has decided to halt purchases of footwear and clothing by public authorities in retaliation for the trade sanctions imposed by Western governments because of its dispute with Ukraine. Some shoe industry executives fear that this measure may be extended to purchases by private interests at a later ...
