All Shoe Intelligence articles in Volume 16, Issue 7-8 – Page 4
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News briefs
The American Aerosoles group has launched a new premium line...
The American Aerosoles group has launched a new premium line of shoes in cooperation with its European licensee, Move On. Some have been developed by the Portuguese firm, controlled by the Indian Tata group. Called Signature by Aerosoles, the line comprises eight models made with supple leather. Some of the ...
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News briefs
Zalando will be changing its advertising strategy. The TV commercial...
Zalando will be changing its advertising strategy. The TV commercial with the theme about people screaming as they receive the Zalando packages, will no longer be used. Zalando aims to expand its sales via smartphones and tablets and to develop its business in foreign markets. The online retailer sees great ...
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News briefs
Gabor plans to expand its international advertising campaign for this...
Gabor plans to expand its international advertising campaign for this autumn/winter. While currently 2,000 locations are reserved for Gabor's campaign, an additional 2,000 billboards will be booked for the next season. Gabor is placing ads in about 25 magazines in Germany and 25 outside Germany, with more than 100 full-page ...
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News briefs
European importers may be able to recover some of the...
European importers may be able to recover some of the anti-dumping duties that they had to pay for shoes sourced in China and Vietnam. Responding to a complaint filed by a German company, the financial court of Munich has formally asked the European Court of Justice to issue a verdict ...
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Short stops
Mephisto opened a total of 70 new partner-stores in France,...
Mephisto opened a total of 70 new partner-stores in France, China, the U.S., Canada, Germany, the Netherlands and Belgium, managed by local partners, during last year.
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News briefs
Mads Hahnemann, 49, has assumed the responsibilities of Alex Nicolai...
Mads Hahnemann, 49, has assumed the responsibilities of Alex Nicolai as head of the sports business unit of Ecco, covering its athletic and outdoor shoes, but not its golf footwear. Hahnemann has been with the Danish group for 14 years, working in logistics, sales, business planning and product management. Prior ...
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News briefs
Centergross, the fashion hub that brings together more than 470...
Centergross, the fashion hub that brings together more than 470 companies in the suburbs of Bologna, Italy, has signed an agreement with Only Italia to start a commercial venture in China. The new partnership focuses on ready-to-wear fashion and targets the new Chinese middle class. Only Italia is an Italy-based ...
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News briefs
DSW has acquired an initial 44 percent stake in Town...
DSW has acquired an initial 44 percent stake in Town Shoes, the largest footwear and accessories retailer in Canada, for C$68 million (€44.6m - $61.7m). DSW said it had looked at Canadian entry options for some time and decided to acquire an existing successful operation, and to use this operation ...
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Article
An equity fund gets 40% of Görtz
A Munich-based equity fund specializing in investments in medium-sized companies, Afinum Management GmbH, has agreed to acquire a minority stake of over 40 percent in Ludwig Görtz GmbH, the big Germany family-owned shoe retail company, at undisclosed conditions. The transaction, which will probably involve an equity increase, is due to ...
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Article
Shoe Carnival’s profits drop 81.4%
Shoe Carnival saw net earnings fall sharply to $598,000 in the 13 weeks to Feb. 1, 2014, down sharply from $3.2 million in the final 14 weeks of its previous fiscal year. Comparable store sales decreased by 2.5 percent. The American retailer of family footwear blamed unfavorable weather, which led ...
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News briefs
Hermès International has reported an operating margin of 32.4 percent...
Hermès International has reported an operating margin of 32.4 percent in 2013, the highest since its introduction on the stock market in 1993. The net profit continued to rise by 6.8 percent, reaching a record of €790 million. As previously reported, Hermès' total sales grew by 7.8 percent to €3.78 ...
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News briefs
The 30th anniversary edition of the Fashion Access exhibition during...
The 30th anniversary edition of the Fashion Access exhibition during the APLF fair in Hong Kong between March 31 and April 2 attracted a total of 11,823 visitors including 8,697 international buyers from 83 countries. The number of buyers from China was up by 7.78 percent, and many of those ...
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Article
Prada aims for €5 billion in 3-4 years
Patrizio Bertelli, chief executive of Prada, said in an interview with the French daily Les Echos that he expects the group's annual revenues to reach €5 billion in three to four years' time compared with the €3,548 million reached in the year ended last Jan. 31. He also indicated that ...
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News briefs
From April 5 to July 27, the Victoria & Albert...
From April 5 to July 27, the Victoria & Albert Museum in London is hosting “The Glamour of Italian Fashion. 1945–2014,” a major exhibition about everything that lies behind Italian fashion, from manufacturing to artisanal crafts. The exhibition, which traces the growth of Italian fashion from the 50s to today, ...
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Article
Church’s targets sales of €250 million in 5 years
Church & Co, owned by the Prada group, expects to raise its annual turnover to €250 million in five years' time from the level of €68.6 million reached during Prada's last financial year, ended on Jan. 31, 2014, thanks to higher production volumes, the extension of its sales network and ...
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News briefs
Dune is opening its biggest store ever on 2,200 square...
Dune is opening its biggest store ever on 2,200 square feet to help accommodate its growing range of men's shoes and accessories, along with its women's shoes. It will also be the company's first store on London's busy Oxford Street, taking the place of a former Boots drugstore between the ...
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News briefs
Zalando has reportedly recalled 1,500 pairs of women's shoes that...
Zalando has reportedly recalled 1,500 pairs of women's shoes that were found to contain excessive levels of chromium VI, in spite of the company's “General Instructions” to its suppliers. In some cases the amount of chrome VI in the shoes was 13 times higher than the tolerated maximum. Aside from ...
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