All Shoe Intelligence articles in Volume 16, Issue 9-10 – Page 5
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Article
Adidas may sell Rockport
The Adidas Group has mandated an investment bank, Guggenheim Partners, to review proposals by a couple of potential candidates for the acquisition of Rockport, following an increasing number of inquiries in the past few months. The candidates are said to be other shoe companies as well as private equity firms. ...
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News briefs
According to German media reports, two foreign investors have shown...
According to German media reports, two foreign investors have shown interest in a possible takeover of Leder & Schuh, the Austrian parent company of Humanic, Stiefelkönig and other shoe retail chains, which is said to be facing a cash squeeze The reports indicate that its Austrian bankers have extended its ...
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News briefs
The Italian fashion industry has finally started to recover. According...
The Italian fashion industry has finally started to recover. According to Sistema Moda Italia, which groups the trade associations involved in clothing, shoes and accessories as well as their suppliers, their members enjoyed an increase of 3.3 percent in the first quarter of this year. Growth rates of 4.5 percent ...
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Article
Scarpe & Scarpe expands in Italy and looks abroad
The Italian shoe retail chain will be opening 10 new stores in Italy between now and the end of the year and is examining the idea of expanding into foreign markets through the acquisition of foreign retail chains. Countries under consideration include Turkey, South Africa, Portugal and Spain.The Turin-based retailer ...
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News briefs
Spanish shoe companies are becoming more optimistic about their sales...
Spanish shoe companies are becoming more optimistic about their sales prospects in their own country and abroad, according to a survey recently conducted by Inescop. Only 8.2 percent of the Spanish shoe companies feel that their domestic market is going to deteriorate, and 45.6 percent are projecting a sales increase ...
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News briefs
DSW has acquired a 50 percent stake in Town Shows,...
DSW has acquired a 50 percent stake in Town Shows, the largest footwear and accessories retailer in Canada, for €50 million, with the option to buy additional shares in four years. Town Shoes, based in Toronto, posted sales of €195 million in its fiscal year ending January 2014. The company ...
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News briefs
French shoe companies enjoyed a sales increase of 4 percent...
French shoe companies enjoyed a sales increase of 4 percent to €920 million in 2013 and their production grew by 10 percent to 25 million pairs. French shoe consumption declined by 1.8 percent to €8.8 billion last year, according to the French Shoe Industry Federation. It grew by 6.3 percent ...
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Short stops
Brantano will open up to 30 shoe retail concessions in...
Brantano will open up to 30 shoe retail concessions in garden centers in the U.K., targeting senior citizens
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News briefs
The value of Portugal's shoe production grew by 6.3 percent...
The value of Portugal's shoe production grew by 6.3 percent to €1,910 million in 2013. Confirming a recovery that began in 2011, the number of manufacturing companies in the sector rose to 1,354 last year. They had 35,355 employees at the end of 2013, up from just over 32,000 in ...
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Short stops
El Naturalista organized a Spanish Night on April 24, with...
El Naturalista organized a Spanish Night on April 24, with wine, tapas and guitars, to launch a draw at its Natural Shoe Store in London's Covent Garden
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News briefs
Rocky Brands has reported 22.5 percent higher sales of $65.8...
Rocky Brands has reported 22.5 percent higher sales of $65.8 million for the first quarter of 2014, with strong double-digit growth in all its major categories and higher military sales. The management said it was also pleased with the initial performance of Creative Recreation, a brand of sneakers bought at ...
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News briefs
For its August 2014 event at the National Exhibition Centre...
For its August 2014 event at the National Exhibition Centre (NEC) in Birmingham, Moda is launching E-Zone Live, a new e-commerce area of the show. The E-Zone Live is set to create a new inspiration hub for online retail, for the benefit of all Moda's visitors. A selection of industry ...
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News briefs
Skechers has had a licensing deal since 2010 for eyeglasses...
Skechers has had a licensing deal since 2010 for eyeglasses and sunglasses with an American company, Viva International. Viva was acquired last December by an Italian eyewear company, Marcolin Group, and Skechers has signed an extension of the contract with Marcolin (more in Eyewear Intelligence).
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News briefs
Founded by George Warren Brown in 1878 in St. Louis,...
Founded by George Warren Brown in 1878 in St. Louis, Missouri, Brown Shoe Co. was the 24th company to have been trading on the New York Stock Exchange for 100 years when its current chief executive, Diane Sullivan, rang its Closing Bell on April 23. The company celebrated the event ...
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News briefs
Crocs reduced volatile organic compounds by 16.5 percent per pair...
Crocs reduced volatile organic compounds by 16.5 percent per pair in 2013 and is aiming for another 10 percent reduction this year. The footwear brand, which has just released its 2013 sustainability report, said it also completed its first greenhouse gas inventory, which included manufacturing facilities and headquarters. The company ...
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Short stops
Ballin has opened its 15th Russian store in the Gum...
Ballin has opened its 15th Russian store in the Gum mall adjacent to Moscow's Red Square
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