All Shoe Intelligence articles in Volume 16, Issue 23-24 – Page 3

  • News briefs

    Ralph Hanus, chief executive of Sabu Schuh & Marketing, will...

    2014-12-15T00:00:00Z

    Ralph Hanus, chief executive of Sabu Schuh & Marketing, will be leaving the German buying group at the end of next August, after the expiration of his contract. He will replace Heiner Terbuyken as chief executive of Gabor Footwear, licensee for the Camel Active brand and a 100 percent subsidiary ...

  • News briefs

    Footwear Distributors and Retailers of America (FDRA) has created a...

    2014-12-15T00:00:00Z

    Footwear Distributors and Retailers of America (FDRA) has created a resource center to help shoe companies and customs professionals to work with footwear customs classifications. A dedicated website will provide additional data as new issues arises and new trade rulings are made by the U.S. Customs & Border Protection agency.

  • Short stops

    Camper, which already has its own store in Berlin, has...

    2014-12-15T00:00:00Z

    Camper, which already has its own store in Berlin, has opened its first German franchised store in Dresden

  • Article

    ANWR is allowed to take over a Bavarian retailer - temporarily

    2014-12-15T00:00:00Z

    Affiliated members of the ANWR Group, the biggest German and European cooperative of independent shoe retailers, have approved last month its acquisition of Schuh & Sport Mücke, a large German chain of shoe and sporting goods retail stores. At an extraordinary general meeting held on Nov. 23, the majority of ...

  • News briefs

    Aldo has opened its first store in Monaco, located in...

    2014-12-15T00:00:00Z

    Aldo has opened its first store in Monaco, located in the Fontvielle shopping center of the small country that contains the city of Monte-Carlo. The Canadian-based group now has about 1,800 stores in 92 different countries.

  • Article

    Genesco sees lower profits ahead

    2014-12-15T00:00:00Z

    Genesco posted earnings from continuing operations of $28.8 million for the third quarter ended Nov. 1, 3 percent up from $27.8 million for the third quarter ended Nov. 2, 2013.  Adjusted to eliminate extraordinary items including a deferred payment of $1.0 million for the purchase of the Schuh chain in ...

  • Article

    A new Forum will come after the World Footwear Congress

    2014-12-15T00:00:00Z

    A total of 678 people from 32 countries participated in the World Footwear Congress in Léon, Mexico, last month. There were many journalists who were invited in exchange for posting advertisements in their trade publications. About one-third of the delegates came from outside Mexico. The speakers came from 18 different ...

  • News briefs

    After a soft opening in October, Hunter officially inaugurated its...

    2014-12-15T00:00:00Z

    After a soft opening in October, Hunter officially inaugurated its first flagship store at 83-85 Regent Street in London last month, featuring on 5,300 its wide range of wellington boots and many other recently introduced products including its outerwear. Similar stores are planned in New York and Tokyo next year, ...

  • News briefs

    Brown Shoe Co., Coach and a private equity fund, Advent...

    2014-12-15T00:00:00Z

    Brown Shoe Co., Coach and a private equity fund, Advent International Corp., are the last remaining candidates for the acquisition of Stuart Weitzman, according to various media, and they are all conducting a due diligence investigation of its accounts. Sycamore Partners, who bought the Jones Group earlier this year for ...

  • News briefs

    Sanita Footwear is expanding its activities in the growing area...

    2014-12-15T00:00:00Z

    Sanita Footwear is expanding its activities in the growing area of work and safety shoes with the acquisition of the operations in this sector of another Danish company, Green Comfort. Synergies are expected in terms of product, considering the more modern and sporty look of Green Comfort's offerings, as well ...

  • News briefs

    A court in Bologna has accepted Bruno Magli's insolvency and...

    2014-12-15T00:00:00Z

    A court in Bologna has accepted Bruno Magli's insolvency and given its latest owner, Da Vinci Invest, time until March 3 to find new investors and to present a financial reorganization plan to its creditors. According to the Itlian press, three funds - Carlyle, Blue Star and Neuberger Berman – ...

  • Short stops

    Footwear Friends, the London-based benevolent society, raised over £8,700 at...

    2014-12-15T00:00:00Z

    Footwear Friends, the London-based benevolent society, raised over £8,700 at its annual Footwear Friends Awards

  • News briefs

    The Dutch shoe designer Fred de la Bretonière, 69, has...

    2014-12-15T00:00:00Z

    The Dutch shoe designer Fred de la Bretonière, 69, has left the executive board of Estral BV, the Dutch shoes and accessories company, which he founded. The investor Karmijn Kapitaal acquired a majority stake in the company and its three brands Fred de la Bretonière, Shabbies Amsterdam and Fretons. De ...

  • News briefs

    Reno, the German shoe retail chain with over 400 stores,...

    2014-12-15T00:00:00Z

    Reno, the German shoe retail chain with over 400 stores, has re-launched its online store after a break of nine months. The shoe retailer closed its online store last February after running it for three years in order to replace it by a combination of an online magazine and showroom. ...

  • Article

    Lion Capital buys Pittarosso from 21 Investimenti

    2014-12-15T00:00:00Z

    Lion Capital, the consumer-focused U.K.-based equity fund that has already invested in Jimmy Choo, has acquired the Italian Pittarosso chain of shoe shops from 21 Investimenti and other minority shareholders including members of the founding family. The financial terms of the transaction have not been disclosed. 21 Investimenti will support ...

  • News briefs

    With a stock market capitalization of around €6.2 billion, Zalando...

    2014-12-15T00:00:00Z

    With a stock market capitalization of around €6.2 billion, Zalando is set to move into the SDax index of the Frankfurt Stock Exchange on Dec. 22, joining Puma and other firms. The company, which has been listed since Oct. 1, had reportedly sought to join the higher-level MDax index, taking ...

  • News briefs

    In February 2016, the 19th convention of the International Union...

    2014-12-15T00:00:00Z

    In February 2016, the 19th convention of the International Union of Shoe Industry Technicians (UITIC) will be held in Chennai, India. It will be hosted by India's Council for Leather Exports (CLE), directly after its annual Indian International Leather Fair. The fair will take place from Jan. 31 to Feb. ...

  • News briefs

    Achim Löffler, a 12-year veteran of W.L. Gore & Associates...

    2014-12-15T00:00:00Z

    Achim Löffler, a 12-year veteran of W.L. Gore & Associates who has been running its sports and outdoor footwear business since May 2013, is now officially in charge of Gore-Tex' global shoe business, including casual and formal shoes. The 43-year-old took charge of the whole sector a few months ago, ...

  • News briefs

    Zalando reached an adjusted operating margin (Ebit) of 0.8 percent...

    2014-12-15T00:00:00Z

    Zalando reached an adjusted operating margin (Ebit) of 0.8 percent in the third quarter, compared with a negative margin of 12.4 percent a year ago, on 24.2 percent higher overall sales of €501 million. Germany, Austria and Switzerland had the highest profitability with a margin of 3.9 percent, but sales ...