All Shoe Intelligence articles in Volume 16, Issue 5-6 – Page 5
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Aldo Gotti has been appointed by Prada as regional manager...
Aldo Gotti has been appointed by Prada as regional manager for France, Belgium and Monaco
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Article
Changes in the Chinese market affect Gucci
Gucci's sales declined in the Asia-Pacific region for the first time in many years in 2013, but executives of Kering, the French-based parent company of the brand, said that the growth of the luxury goods market in that country is not at all finished. Rather, while some Chinese customers continue ...
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News briefs
According to HUI Research, footwear retail sales in Sweden increased...
According to HUI Research, footwear retail sales in Sweden increased by 4.8 percent in January when compared with the same month last year. For the month of December, however, sales were off by 9.5 percent, which means that footwear sales in Sweden fell by 1.9 percent in 2013 when compared ...
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Esprit turned around to a net profit of 95 million...
Esprit turned around to a net profit of 95 million Hong Kong dollars (€8.89m-$12.24m) in the first half of its financial year, compared with a loss of HK$465 million in the same period a year earlier, although its sales declined by 5.5 percent to HK$12.8 billion (€1.2m-$1.6m) in the six months ended ...
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News briefs
Prada said that the deal confirming an 80-percent acquisition of...
Prada said that the deal confirming an 80-percent acquisition of Angelo Marchesi Srl, the parent company of Milanese eatery Pasticceria Marchesi, has been closed. The company gave no indication of the value of the deal. Pasticceria Marchesi, located on the elegant Corso Magenta, is known across the city for its ...
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Indonesia's footwear exports are projected to rise by 5% this...
Indonesia's footwear exports are projected to rise by 5% this year to US$4.4 billion, according to the country's shoe industry association
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Daniel Griffel, 30, has been assigned to the new position...
Daniel Griffel, 30, has been assigned to the new position of export manager for Ricosta, the big German brand of children's footwear
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Barbara Meier, a 27-year-old German top model, is acting as...
Barbara Meier, a 27-year-old German top model, is acting as a testimonial for Skechers' Flex Appeal collection in Germany
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Article
Geox sees 2014 sales at €800 million, EBIT at breakeven
Geox confirmed its projection of a rebound in sales this year, which are seen increasing to €800-805 million, and breakeven results in terms of operating profit (Ebit). It also expects the operating margin before amortization, or Ebitda, to rise to around 5 percent.For the financial year ended last Dec. 31, ...
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Article
Salvatore Ferragamo expects to continue growing in 2014
Salvatore Ferragamo booked a 42.5 percent increase in net profit to €150.5 million in 2013. Net debt dropped to €33 million at the end of 2013 from €58 million a year earlier.The Italian company expects further increases in sales and profitability in 2014. It said that January proved to be ...
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Article
German retailers didn’t meet their expectations for 2013
As there was almost no winter in 2013, German retailers were not able to meet their expectations for the last business year. The German shoe retailers' federation, BDSE, has reported slightly decreasing sales for its members in 2013. According to figures presented during the GDS show in Düsseldorf, BDSE estimates ...
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News briefs
Garant Germany's revenues increased by 9 percent in 2013. Its...
Garant Germany's revenues increased by 9 percent in 2013. Its retail members recorded an average increase in sales of about one percent in 2013, as compared to the previous year. In the first two months of this year, sales grew on average by 10 percent as compared to the same ...
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News briefs
Labelux Group, which took over Jimmy Choo in May 2011,...
Labelux Group, which took over Jimmy Choo in May 2011, is said to be studying a public offering on the London Stock Exchange for the brand that would value it at about £1 billion (€1.99bn-$1.66bn), but it is reportedly considering other alternatives to monetize its investment in the company, such ...
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News briefs
In the U.K., footwear sales rose by 2.4 percent to...
In the U.K., footwear sales rose by 2.4 percent to an estimated £3.1 billion (€3.1bn-$5.2bn) in the 24-week period ended Dec. 22, according to the Kantar Worldpanel. While the shoe retail chains recorded a rise of 0.8 percent to £761 million (€909.5m-$1,266.4m) for the period, clothing chains experienced an increase of 0.9 ...
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News briefs
A majority of more than 90 percent of Vivarte's 172...
A majority of more than 90 percent of Vivarte's 172 creditors have agreed in principle to a proposal to reschedule its debt and to support the French group's restructuring program. The new financing terms will be established following a four-month conciliation process. As previously reported, Charterhouse and other major shareholders ...
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News briefs
The European Parliament is set to vote on April 16...
The European Parliament is set to vote on April 16 on mandatory labeling of imports for shoes and other products imported into the European Union, but Italy's shoe industry association, Assocalzaturifici, is urging the parliament to bring the vote forward because the date would be the closing day for the ...
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Ricosta is adopting OutDry's breathable membranes for its autumn/winter 2014/15...
Ricosta is adopting OutDry's breathable membranes for its autumn/winter 2014/15 collection of children's shoes
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News briefs
A British equity fund, Eurazeo, is acquiring a 10% stake...
A British equity fund, Eurazeo, is acquiring a 10% stake in Desigual through an equity increase of €285 million designed to support the expansion of its sales network and its diversification into shoes, sports clothing and other product categories; Desigual's sales grew by 18 percent in 2013 to €828 million. ...
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News briefs
Waldläufer increased total sales by 10 percent to around €80...
Waldläufer increased total sales by 10 percent to around €80 million in 2013, as compared to 2012. In the U.S., sales grew by 25 percent as compared to the previous year, to a total of €1.5 million in 2013. The U.S. is a relatively new market for the German comfort ...
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News briefs
Rockport's sales increased by 1 percent to €289 million in...
Rockport's sales increased by 1 percent to €289 million in 2013, with growth of 6 percent in dollars and other local currencies, mainly due to higher sales of the brand's lightweight concepts. Women's shoes represented only 24 percent of the total turnover. Rockport's sales declined by a high single digit ...
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