All Shoe Intelligence articles in Volume 16, Issue 21-22 – Page 2
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Article
Clarks improves margins
C&J Clark (Clarks) performed well in Europe and Asia during the first six months of its financial year, ended July 31, but this was offset by a competitive environment for the group in the U.S. and a disruption in deliveries caused by workers' demonstrations in Vietnam in May. The group's ...
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News briefs
Wolverine Worldwide is planning to increasingly shift manufacturing from China...
Wolverine Worldwide is planning to increasingly shift manufacturing from China to Vietnam. This is what representatives from Wolverine reportedly said during a recent conference led by the Vietnam Leather, Footwear and Handbag Association (Lefaso) and the Footwear Distributors and Retailers of America (FDRA) in Vietnam. While 75 percent of the ...
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News briefs
Charles Clinkard will move to a new warehouse and office...
Charles Clinkard will move to a new warehouse and office in Middlesbrough, in north-east England, next September to keep up with its growing online business. The family-run footwear retailer will move from the current 30,000-square-foot warehouse to a 55,000-square-foot unit, which is located just five miles away. Online sales will ...
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Article
Higher prices and charges for Yue Yuen
Yue Yuen raised its sales by 6. 8 percent to $5,936 million in the first nine months of this year, but its net profit for the period fell by 36.8 percent to $330.5 million. The world's largest shoe manufacturer managed to raise its operating profit before extraordinary items by 9.5 ...
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Short stops
Leiser, the German shoe retail chain controlled by Joseph Seibel,...
Leiser, the German shoe retail chain controlled by Joseph Seibel, closed down its big and expensive store that it recently opened in Frankfurt. The store, managed under the name “Hako,” was opened in 2012 with a sales surface of about 3,000 sqm.
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Short stops
Carlyle, the private equity fund that recently cashed out of...
Carlyle, the private equity fund that recently cashed out of Moncler with a big capital gain, is said to have made a bid for Bruno Magli
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News briefs
Huntsman Polyurethanes will expand the capacity of its thermoplastic polyurethane...
Huntsman Polyurethanes will expand the capacity of its thermoplastic polyurethane (TPU) factory in Osnabrück, Germany from 70,000 to around 75,000 tons per year in the first half of 2015. The company said it was responding to increased demand from the footwear industry and other sectors.
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Article
New data and new campaign by Gore-Tex
About 25 million pairs of footwear were sold in 2013 with Gore-Tex membranes for consumer-oriented applications in more than 50 countries around the world, along with an estimated nine million pieces of garments, pairs of gloves and other accessories.The global footwear volume has been rising at an average compound annual ...
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Article
Pacific Brands sells its footwear business
Pacific Brands has agreed to spin off and sell the sports and footwear businesses of its loss-making Brand Collective division for 39 million Australian dollars (€26.8m-$33.7m). The division generated revenues of A$204.5 million (€140.6m-$176.5m) in the financial year ended on June 30, down 8 percent from the previous year, and an ...
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News briefs
Kering and its brands, including Gucci, Yves Saint Laurent and...
Kering and its brands, including Gucci, Yves Saint Laurent and other luxury brands, will be official partners of the Cannes Film Festival for the next five years, starting in May. They will get exceptional media exposure during the event. Discussion sessions will be organized during the festival with leading personalities, ...
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Short stops
The German shoe brand Noah, which is manufactured in Italy,...
The German shoe brand Noah, which is manufactured in Italy, has been given the “Vegan Fashion Award 2014,” by Peta, which stands for People for the Ethical Treatment of Animals
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Article
New owners, new boss for Vivarte
In closing a massive financial transaction that gives a majority of the shares in Vivarte to four international equity funds, the newly appointed board of directors of the big French retail group promoted on Oct. 29 Richard Simonin to the position of president and chief executive, replacing Marc Lelandais. An ...
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Article
Big exodus from Timberland
We could not get any explanations at the time of going to press for the almost simultaneous departure of three top managers of Timberland, despite the encouraging progress that it has made in the recent past under the ownership of VF Corporation and its brightening prospects.We learned first that Patrik ...
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Article
Foreign brands drive Belle’s progress
Confirmation of an apparent turnaround in the Chinese market came with a strong performance by Belle International in the six months ended on Aug. 31, but the performance of its own footwear brands was more muted than that of the international brands that it distributes in the country. The regular ...
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News briefs
Samson, the French producer of medium-priced women's shoes, has been...
Samson, the French producer of medium-priced women's shoes, has been placed under judicial administration for a period of six months. The company cites a big drop in orders from Russia, which had become its biggest foreign market.
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Article
Bata France goes into receivership
Bata's French subsidiary asked a French court in Nanterre yesterday for protection from its creditors because of mounting losses and poor sales at its stores this year. A spokesman for the company said that the court-appointed receiver will probably look for other companies to take over some of Bata's 136 ...
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News briefs
Camper has bought a building in Barcelona to double the...
Camper has bought a building in Barcelona to double the space of its hotel, Casa Camper, according to reports in modaes.es. The Spanish footwear company already owns the Dos Palillos restaurant in the building. After renovations, the hotel will communicate directly with the restaurant. The first Camper hotel was opened ...
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Short stops
Bally has inaugurated a new flagship store on New Bond...
Bally has inaugurated a new flagship store on New Bond Street in London, spanning over 1,300 square meters on three floors and offering customization and shoe repair services
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News briefs
Ugg Australia is opening a new technology-driven concept store in...
Ugg Australia is opening a new technology-driven concept store in the upscale Tysons Galleria at the Tysons II mall in McLean, Virginia, in the outskirts of Washington, DC. The 2,110-square-foot store serves as the second innovation lab for Deckers Brands, Ugg Australia's parent company. The first, a multi-brand showcase located ...
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Article
Assocalzaturifici pleads for “re-shoring”
A total of 192 brands involved in various sectors decided last year to bring production back to Italy. They represented 20 percent of the companies that have made this “re-shoring” decision around the world, placing Italy in second place after the U.S., which made the big move to offshore manufacturing ...
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