All Shoe Intelligence articles in Volume 16, Issue 17-18 – Page 5
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News briefs
Deckers Outdoor said the company's corporate headquarters has achieved Leed...
Deckers Outdoor said the company's corporate headquarters has achieved Leed (Leadership in Energy and Environmental Design) Silver Certification from the U.S. Green Building Council (USGBC). Leed certification is awarded for buildings that are energy efficient and environmentally sustainable in design and operation. For its new 190,000-square-foot headquarters, Deckers earned credits ...
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News briefs
Bata India is adding handbags, belts, sunglasses and other accessories...
Bata India is adding handbags, belts, sunglasses and other accessories to the product range offered in its stores, while introducing a more inviting “city format” with better lighting and space allocation for the brands. As previously indicated, it also starting a store franchising program in rural cities. For its second ...
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News briefs
Clarks Future Footwear, the 50-50 joint venture between C&J Clark...
Clarks Future Footwear, the 50-50 joint venture between C&J Clark International and India's Future Group, is said to be planning to double the number of Clarks stores in India to 100 in the next two years. The business is reporting to be expecting a turnover of $33.4 million this year. ...
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News briefs
Dune's first store in the U.S. opened on Sept. 5....
Dune's first store in the U.S. opened on Sept. 5. Located at 518 Broadway, in the Soho district of New York, it will have 2,000 square feet of net sales space. A second store is planned for next year in the New York's Westfield World Trade Center.
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Short stops
Tod's reopened its 350-square-meter flagship store at 650 Madison Avenue...
Tod's reopened its 350-square-meter flagship store at 650 Madison Avenue in New York in grand style during the recent Fashion Week
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Short stops
Deichmann has opened its 32nd Spanish store in Albacete...
Deichmann has opened its 32nd Spanish store in Albacete
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News briefs
Clarks opened on Aug. 30 its largest store in the...
Clarks opened on Aug. 30 its largest store in the Americas for designer collaborations, exclusive Clarks Originals heritage styles and new product collections for men and women. Covering 3,400 square feet, the flagship store will be located at 547 Broadway, in the heart of the Soho district of New York ...
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News briefs
Steve Madden has acquired Dolce Vita Holdings for $60.3 million...
Steve Madden has acquired Dolce Vita Holdings for $60.3 million in cash, plus an earn-out provision based on the future performance of the U.S. company, which had sales of around $111 million in the last financial year. Madden says it will use its proven business model and infrastructure to expand ...
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News briefs
Mexico intends to impose duties of 25 to 30 percent...
Mexico intends to impose duties of 25 to 30 percent on shoes imported from China and other countries with which it doesn't have a free trade agreement. The country is also reducing the number of entry points for the importation of shoes and the inspection of the cargoes, in order ...
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Short stops
Iggy Azalea, a 24-year-old Australian hip-hop singer, will co-brand a...
Iggy Azalea, a 24-year-old Australian hip-hop singer, will co-brand a footwear collection with Steve Madden that will come out in the U.S. next February
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News briefs
Pacific Brands has reported an operating loss of 22.3 million...
Pacific Brands has reported an operating loss of 22.3 million Australian dollars (€15.54m-$19.97m) on 8 percent lower revenues of A$204.5 million (€142.56m-$183.08m) for the financial year ended June 30. The sales decline was partly due to the non-renewal of the Diesel license, which represented 2 percent of sales. The Australian company ...
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News briefs
The sale of RG Barry for $215 million has been...
The sale of RG Barry for $215 million has been completed. Mill Road Capital has acquired 50 percent of the shares. Blackstone Tactical Opportunities has bought a 48 percent stake. The balance will be held by a consortium of institutional investors. The new owners feel that the new ownership structure ...
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News briefs
Stonefly reports sales increases of 20 percent in Italy and...
Stonefly reports sales increases of 20 percent in Italy and 10 percent abroad for the first half of this year, , after a drop of 5 percent for all of 2013. The management attributes the turnaround to a better, rejuvenated collection of women's shoes, with its Blu Soft and Second ...
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News briefs
A group of 18 German and Swiss shoe retailers affiliated...
A group of 18 German and Swiss shoe retailers affiliated with ANWR has won the first round in its campaign to cancel the already completed takeover by the cooperative of a big German shoe and sporting goods retail chain, Schuh Mücke. It has received the support of 178 retail members, ...
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Article
Alibaba may be worth $168 billion or more
The giant Chinese internet marketplace, which occupies a strong position in the domestic shoe market through TMall and other websites, is gearing up for a triumphant listing on the New York Stock Exchange, the largest in its history. The desired price for the shares, which was due to be set ...
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News briefs
Shares in Asos plunged by 14 percent yesterday after yet...
Shares in Asos plunged by 14 percent yesterday after yet another profit warning by Asos, the international U.K.-based fashion retailer, and this has triggered a drop of 6.5 percent in the share value of Yoox. Asos' management said its profits should remain flat this year. It indicated that they may ...
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Article
Timberland eyes 13% growth annually
Timberland laid out a five-year development plan yesterday that calls for a compound annual growth rate (CAGR) of 13 percent for the brand, acquired by VF Corp. three years ago, with increases of 12 percent for footwear and 14 percent for apparel. At this rate, Timberland's annual revenues would go ...
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News briefs
The nearly 13,500 employees of the German shoe industry are...
The nearly 13,500 employees of the German shoe industry are requesting a 6 percent increase in wages, starting Oct. 1, after previously obtained increases of 2.2 percent in January 2013 and 1.4 percent in March. Represented by their trade association, HDS/L, their employers find their requests much too high. The ...
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