All Shoe Intelligence articles in Volume 16, Issue 19-20 – Page 2
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Article
Continued strong growth for Skechers
Skechers' sales continued to grow briskly in the third quarter ended Sept. 30, rising by 30.7 percent to $674.3 million, leading to a 29.5 percent increase for the first nine months of the year. Order backlogs were up by more than 50 percent at the end of the period and ...
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News briefs
Esprit has reported a financial turnaround. The Hong Kong-based company...
Esprit has reported a financial turnaround. The Hong Kong-based company booked an operating profit equivalent to €37 million for the financial year ended June 30, resulting in a net profit equivalent to €21 million for the year against a loss of €440 million the year before. Sales fell by 6.5 ...
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Short stops
Zumba Fitness, a fitness company in Florida, has filed...
Zumba Fitness, a fitness company in Florida, has filed a trademark infringement lawsuit against Steve Madden over its launch of a line of shoes called Madden Girl Zumba Wedge Booties
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News briefs
Rich Cofinco has returned to Creative Recreation, a division of...
Rich Cofinco has returned to Creative Recreation, a division of Rocky Brands, as the brand's creative director. Cofinco, who was Creative Recreation's co-founder and lead designer, left the company in 2012. He began his design career working for Vans before founding Creative Recreation in 2002, with the idea of crafting a cross between ...
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News briefs
The organizers of the Copenhagen International Fashion Fair (CIFF) has...
The organizers of the Copenhagen International Fashion Fair (CIFF) has restructured the trade shows for the coming Fashion Week in January. After Maibom, a former shareholder, parted from the CIFF, the Gallery fashion show will not take place. The traditional Vision fashion show will be replaced by the Revolver fashion ...
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News briefs
El Naturalista has chosen Paris to open its first stand-alone...
El Naturalista has chosen Paris to open its first stand-alone shop. Located in the Bastille district, at 129 rue Faubourg Saint Antoine, the shop was inaugurated on Sept. 25. The Spanish footwear brand said that France is one of its most important markets, and Paris is a key market for ...
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News briefs
Prada has confirmed media reports that its joint chief executives,...
Prada has confirmed media reports that its joint chief executives, Patrizio Bertelli and Miuccia Prada, are being further investigated by Italian authorities for alleged tax evasion, but added that it was not concerned by the probe. The couple are husband and wife and key shareholders in the public company, which ...
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Short stops
Lena Cheetham, a Russian manager who worked previously for Christian...
Lena Cheetham, a Russian manager who worked previously for Christian Dior, is the new German country manager of Louis Vuitton, taking the place of Beate Klingenberg
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News briefs
Kering is teaming up with the International Trade Centre (ITC)...
Kering is teaming up with the International Trade Centre (ITC) on the development of a multi-year programme to support the monitoring and sustainable supply of Nile crocodile skins from Madagascar. The goal of the Madagascar Crocodile Conservation and Sustainable Use Programme (MCCSUP) is to support sustainable trade that contributes to ...
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News briefs
Casadei has opened its first Chinese store in the Plaza...
Casadei has opened its first Chinese store in the Plaza 66 mall in Shanghai. Another will follow in Beijng later this year. Three more stores are planned in China for 2015, starting with one in Hangzhou, and three more in 2016. The Italian company, which is boasting annual growth of ...
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News briefs
The first four stores of Cartujano are opening this month...
The first four stores of Cartujano are opening this month at prime locations in Paris (rue du Faubourg Saint-Honoré), Madrid, London and Berlin (Kurfürstendamm). Named after a breed of Spanish horses bred by Carthusian monks in the 15th century, the brand stands for a line of high-end, contemporary, Goodyear-welted shoes ...
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News briefs
Rafael Calvo Rodriguez, who ran the Spanish shoe industry federation,...
Rafael Calvo Rodriguez, who ran the Spanish shoe industry federation, Fice, for 34 years, passed away on Oct. 8 at the age of 69. The former lawyer became secretary general of Fice in 1984 and was promoted to the position of executive president in 1992, a unique role that he ...
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News briefs
Steve Madden is buying its Mexican licensee, SM Mexico, for...
Steve Madden is buying its Mexican licensee, SM Mexico, for about $15 million to grow its presence in Mexico. The licensee is a division of Grupo Dicanco, which distributes licensed shoe brands in the country. Net sales for SM Mexico for the twelve months ended July 31 totaled around $15.4 ...
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News briefs
GMS, the German buying group that has expanded to the...
GMS, the German buying group that has expanded to the Netherlands, Belgium, Austria, Italy and France, increased the group's turnover by 28.9 percent to €203 million in the third quarter of this year, as compared to the third quarter of 2013. GMS remains optimistic and expects an increase in centralized ...
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Article
Cleto Sagripanti is set to buy Kallisté
Cleto Sagripanti, the Italian manager who stopped running Manas in the middle of 2013 due to differences with other shareholders over the strategy of the group, continues to acquire small Italian fashion brands that can be nurtured and expanded internationally together with his financial partners in Italian Holding Moda (IHM). ...
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Article
Saunders will lead the British shoe industry
John Saunders, a 56-year-old veteran of the British footwear industry, will be the new chief executive of the British Footwear Association (BFA), starting on Nov. 1. He will take the place of Richard Kottler, who is retiring after leading the organization brilliantly over the past six years.Saunders has been in ...
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News briefs
Tod's may spin off its Hogan shoe brand on the...
Tod's may spin off its Hogan shoe brand on the stock market, according to reports about comments that were attributed to Diego Della Valle, Tod's chairman, at an investor day on Sept. 22. Revenues for the Hogan brand fell 5.8 percent at constant exchange rates in the first half of ...
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Article
Big growth for CCILU
Another company based in Singapore, International Brand Partners, is growing very fast with its CCILU brand of fancy, lightweight and shock-absorbing injected shoes, whose construction is similar to those of Crocs' shoes. First launched for the spring/summer 2013 season, it has already earned a place in our annual Brown Shoe ...
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News briefs
A big fire reportedly damaged Zhejiang Global's factory in the...
A big fire reportedly damaged Zhejiang Global's factory in the industrial zone of Rui'an, which makes footwear components. There were apparently no injuries, but a large part of the machinery, raw materials, finished components and semi-manufactured shoes was destroyed.
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News briefs
Inditex, the big Spanish retail group that controls Zara and...
Inditex, the big Spanish retail group that controls Zara and many other fashion retail chains, has hired a 31-year-old manager, Maria Fanjul, to cooperate all its online operations, reporting directly to its chief executive, Pablo Isla. She was previously running Entradas See Tickets, the leading online ticketing company in the ...
