All Shoe Intelligence articles in Volume 16, Issue 5-6
View all stories from this issue.
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Short stops
Superga has opened its third store in London
Superga has opened its third store in London
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Article
Royer licenses Icon Shoes for Kickers
Groupe Royer is closing Kickers' U.S. subsidiary after signing a licensing and distribution agreement for the brand with a local company, Icon Shoes, for the U.S. and Canada, starting with the current selling season. Launched by a Hollywood producer 15 years ago, Icon Shoes sells shoes and leathergoods decorated with ...
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Article
Weyco Group reports mixed results
Weyco Group reached record sales of $300.3 million in the past year, up 2 percent from 2012, and sales would have been a little higher without the devaluation of the Australian dollar and the closure of six under performing Florsheim stores in the U.S. Operating profit and net earnings were ...
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Article
Internationalization is the key to Fornarina’s financial recovery
The court-appointed receivers of Fornari Spa, the Italian company that markets the Fornarina and Barleycorn brands, have approved in principle the terms of a settlement with the company's creditors, which should be ratified at a court hearing on June 11.Lino Fornari, owner and chief executive of the company, had requested ...
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In spite of its financial problems, Fink plans to open...
In spite of its financial problems, Fink plans to open Germany's largest children's shoe store in the Main-Taunus shopping center of Sulzbach later this month
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Article
Reno and Görtz may fall under the same ownership
The Hamm Reno Group has surfaced as one of the potential candidates to invest in Görtz, the big German shoe retailer. Officials of the HR Group confirm that it has made an offer for a 75.1 percent stake in the Hamburg-based company, adding that it would be run independently in ...
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Nomad Metropolis, the new fashion and leather products fair in...
Nomad Metropolis, the new fashion and leather products fair in Madrid, which hosted shoemakers in about 80 stands, indicates that attendance stabilized at its Feb. 14-16 edition
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The Moda Made in Italy fair in Munich will host...
The Moda Made in Italy fair in Munich will host 145 firms with 315 brands at its March 23-25 edition
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Article
Paraboot invests in a new French shoe factory
Paraboot shoes are going to be manufactured at a new €8 million factory that should become operational in the Isère region of France in 2016, regrouping the operations of two smaller and older plants in the same region. They employ 133 workers in the production of about 120,000 pairs annually.The ...
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Tod's will open a new factory for leathergoods at Pontassieve,...
Tod's will open a new factory for leathergoods at Pontassieve, near Florence
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News briefs
John Smith has left as export manager of Grupo Priority,...
John Smith has left as export manager of Grupo Priority, the Brazilian company that markets the West Coast and Cravo & Canela brands of footwear, to start a new project of his own outside the shoe business. He leaves behind a professional international sales team.
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News briefs
Stephen Murray plans to quit at the end of this...
Stephen Murray plans to quit at the end of this year as president for Europe, the Middle East and Africa (EMEA) Deckers Outdoor Corp. The American company, which owns Ugg Australia, Teva, Sanuk, Tsubo and other brands, is looking for his successor. Murray, an American executive who had been based ...
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Article
El Naturalista launches its U.S. subsidiary
El Naturalista, which was previously distributed in the U.S. exclusively by the company of Ralph Libonati, run by his son Steve Libonati, has set up its own subsidiary in Somerset, New Jersey. The implementation of the transition, which started about six months ago, was finally completed this month.El Naturalista uses ...
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Article
New records for Ecco
Reporting its results for the first time in euros, the Danish company has announced an increase in net income of 15.8 percent to a record of €106.4 million in 2013 on 4.4 percent higher revenues of €1,130.8 million, with growth of 6.3 percent at constant exchange rates. The operating margin ...
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Article
Disappointing start of the year for Tod's
Tod's started 2014 with negative same-store sales, following the trend seen in the last two months of 2013, and gave a cautious guidance for the whole financial year. In the first 10 weeks to March 9, Tod's comparable store sales were down by 5.4 percent. The weekly readings showed a ...
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Article
Difficult year for German suppliers
German suppliers and retailers equally experienced a difficult business year, probably because of difficult weather conditions in 2013. According to preliminary figures from HDS/L, the German shoe and leathergoods industry federation formerly known as HDS, the German shoe industry suffered a decrease of 1.2 percent in its total turnover to ...
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Article
Genesco posts higher profits despite weaker sales
Genesco posted net earnings from continuing operations of $42.2 million for the 13-week period ended Feb. 1, 2014, up from $38.9 million for the 14-week period ended Feb. 2, 2013. The U.S.-based retailer and wholesaler of footwear, apparel and accessories reported a slow start to the quarter in December, with ...
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News briefs
Philippe Morvan, a French shoe designer who has worked for...
Philippe Morvan, a French shoe designer who has worked for J.B. Martin, Pataugas and Cosmo, has launched his first line of men's, women's and children's shoes under his own name, starting with the autumn/winter 2014/15 season. Reportedly, he is very keen to find clients in the U.S., China, Japan and ...
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Short stops
A Rockport Design Studio was opened in the Veneto region...
A Rockport Design Studio was opened in the Veneto region of Italy last year to get access to know-how in women's design, technical shoe development and the fashion industry in general
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On the second day of the GDS show in Düsseldorf,...
On the second day of the GDS show in Düsseldorf, Vagabond opened its second German mono-brand store in Cologne