All Shoe Intelligence articles in Volume 16, Issue 7-8
View all stories from this issue.
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News briefs
Most Portuguese shoe manufacturers are doing relatively well and are...
Most Portuguese shoe manufacturers are doing relatively well and are reasonably optimistic about their future prospects, according to the quarterly survey conducted by their trade association, Apiccaps, but while they expect to keep their export prices stable, nearly half of them are worried about the impact of rising raw material ...
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Article
A new momentum for Louis Vuitton
Recovering from the slowdown suffered in 2013, LVMH has reported an 11 percent increase in the revenues of its Fashion & Leathergoods segment to €2.6 billion in the first quarter of 2014, with a new momentum for Louis Vuitton. Its Monogram line of handbags performed particularly well. The first-time consolidation ...
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Article
VF reshuffles its management
Marco Messini has been appointed by VF Corporation to the new position of vice president of partnership stores for Timberland in Europe, the Middle East and Africa (EMEA), reporting to Timo Schmidt-Eisenhart, president of Timberland for the EMEA region. The Italian manager, who has been involved lately in the brand's ...
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Article
Macintosh loses its head
Frank De Moor has announced his intention to quit as chief executive of Macintosh Retail Group by Aug. 1 to pursue a career elsewhere. Mentioning a “constructive dialogue” with the supervisory board, a press release says that this will give the company sufficient time to complete the current refinancing discussions ...
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Short stops
Zalando is introducing a new online tool, „Shades of Grey,”...
Zalando is introducing a new online tool, „Shades of Grey,” that recommends to the customer the most suitable accessories for a garment of his or her choice, based on color coordination
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Article
Prada unveils its panettone gamble
Last month, Prada announced that it had bought an 80-percent stake in Angelo Marchesi Srl, the parent company of a famous Milanese eatery, Pasticceria Marchesi, for an undisclosed sum. A year earlier, Prada had lost out to LVMH in a race for the purchase of a famous Milanese coffee house, ...
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News briefs
Gabor opened three new mono-brand stores in Germany in the...
Gabor opened three new mono-brand stores in Germany in the first three months of this year. The stores are in Münster, Heidelberg and Munich and are managed by retail partners.
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News briefs
The Hong Fu Footwear Group of Taiwan has opened three...
The Hong Fu Footwear Group of Taiwan has opened three factories in the Tambonil industrial zone of Santiago in the Dominican Republic. According to a press release issued by Taiwan's embassy in the Caribbean country and reported by The China Post, they are expected to produce one million pairs per ...
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News briefs
The new management of Manas has filed a request for...
The new management of Manas has filed a request for temporary unemployment subsidies to cover the planned layoff of 22 of its 80 directly employed workers. Luciano Bagnobianchi, who took the place of Cleto Sagripanti last autumn as chief executive of the Italian company, declined to comment on the reasons ...
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Article
Yue Yuen faces strikes and lower margins
Yue Yuen Industrial Holdings, the world's largest footwear manufacturer, is facing a wave of strikes and demonstrations by workers at its large factories in Dongguan, who have been complaining about unpaid social insurance, low wages and improper labor contracts. They have also been apparently struggling to cash or transfer the ...
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Article
Higher exports and lower losses for Vulcabras
As we have said before, the devaluation of the real is allowing Brazilian companies to be more competitive abroad. One example is Vulcabras Azaleia, which reported higher exports last year, especially in the fourth quarter, allowing the company to reduce its losses. For the company, which owns the Azaleia, Dijean ...
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Article
Strong growth for Skechers in Europe
Skechers USA is investing heavily in new stores, logistics and other value-added services to support its growth in Europe and other international markets. At the Micam show in Milan, where the company continues to have a strong presence, executives of Skechers told us that the company's direct sales in ...
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Article
Prada posts flat earnings
Prada finished the financial year ended last Jan. 31 with net profit of €627.8 million, roughly similar the €625.7 million posted a year earlier, due to foreign exchange losses and a higher tax bill. The group will pay a dividend of €0.11 per share, 22 percent higher than for the ...
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Article
New directions for Lumberjack
The Italian casual footwear brand is being repositioned following the appointment earlier this year of a new chief executive, Andrea Vecchiato. The new image of Lumberjack is less outdoor-focused than before. Making a clearer distinction from the more expensive Timberland brand, it revolves around the notion of “urban nature” to ...
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Short stops
J.M. Weston has developed three models of men's shoes together...
J.M. Weston has developed three models of men's shoes together with a young British designer, Charlie Casely Hayford, for sale at its stores in Paris, London and Tokyo from May on
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Short stops
Fitflop puts out a limited edition of shoes designed by...
Fitflop puts out a limited edition of shoes designed by Stephen Jones, the 57-year-old British streetwear designer
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Article
Indian show for finished shoes moves from Delhi to Mumbai
Riva del Garda – Fierecongressi has decided to cancel the third edition of its Expo Riva Schuh India fair, originally scheduled to be held on July 3-4 in New Delhi, and to hold instead a “workshop” in the city of Mumbai on the same dates. The new format, which has ...
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News briefs
In spite of the tensions in Russia, Kering has decided...
In spite of the tensions in Russia, Kering has decided to invest in a four-level flagship store for Gucci in Moscow and a smaller store in the Gum department store. Gucci has also acquired control over the three stores in Moscow that were previously run by partners. Three other stores ...
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News briefs
Delcam Crispin will launch an updated version of its Engineer...
Delcam Crispin will launch an updated version of its Engineer Pro software for pattern development and grading at the Jinjiang International Footwear Exposition, to be held in Jinjiang Machi City, Fujian, China, on April 18-21. The 2014 version includes a number of enhancements that are supposed to add “intelligence” to ...
