All Shoe Intelligence articles in Volume 17, Issue 10-11 – Page 2
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Short stops
Toms is considering the opening of its first store in...
Toms is considering the opening of its first store in Italy, a country where the brand is distributed by Artcraft
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Article
Geox confirms turnaround, Serbian plant to start in June
Geox' first-quarter results confirmed the effectiveness of the group's turnaround strategy and its recovery in sales and profits. The group's results should be boosted further after the start-up of its new low-cost footwear factory in Serbia, which could have a positive effect on gross margins from next year, according to ...
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News briefs
Josef Seibel, who ran the German shoe company by the...
Josef Seibel, who ran the German shoe company by the same name in Hauenstein until 1993, died on May 26 at the age of 92. He belonged to the third generation of the family that founded the company in Hauenstein in 1886. The company is now managed by his son ...
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News briefs
As expected, Cleto Sagripanti was elected yesterday as the new...
As expected, Cleto Sagripanti was elected yesterday as the new president of the European Confederation of the Footwear Industry (CEC). The vote in favor of the 44-year-old Italian entrepreneur was unanimous. Sagripanti is the former chief executive of Manas who has headed up Assocalzaturifici, the power Italian shoe industry association, ...
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News briefs
Clarks reportedly told a Digital Forum organized by Drapers magazine...
Clarks reportedly told a Digital Forum organized by Drapers magazine that it is reviewing it free return policies for online sales in Europe. The company's head of e-commerce, Dave Elston, said the return rate is currently at 20 percent in the U.K. and 30 percent in the rest of Europe. ...
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Article
Tax-free shopping grows in Europe, with the Chinese as the top spenders
Tax-free shopping in Europe registered a 7 percent increase from May 2014 to April 2015, despite a big fall in purchases by Russians. This is what emerged in the presentation of recent research by Global Blue to Altagamma's Monitor Update Conference in Milan, on May 21.The duty-free shopping market in ...
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Article
China to slash duties on shoes and other goods
China's Ministry of Finance said in a statement on May 25 that it would cut import tariffs on various products, ranging from shoes to cosmetics, by an average of more than 50 percent beginning June 1. The move is meant to spark domestic spending amid faltering economic growth.Chinese tourists often ...
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News briefs
Fondazione Prada celebrated the opening of its new venue in...
Fondazione Prada celebrated the opening of its new venue in Milan with a visit by the Italian Prime Minister Matteo Renzi and Italy's Minister of Culture, Dario Franceschini, on May 3. The facility then opened to the public on May 9. Located in Largo Isarco, south of the city center, ...
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Article
Shoe Carnival reports profit and sales increase
Shoe Carnival reported a 19.5 percent increase in net profit for the first quarter ended May 2 to $10.4 million. Sales increased by 7.2 percent, as compared to the first quarter of fiscal 2014, reaching $252.8 million. Comparable store sales grew by 3.0 percent.Sales increased across all footwear departments and ...
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News briefs
Sanuk has launched of a global, multi-platform marketing campaign, showing...
Sanuk has launched of a global, multi-platform marketing campaign, showing examples of people who are comfortable in their own skin. It tries to reach out to new consumers in fun ways through images of friendly motorbike races, archery challenges, desert golf tournaments and other smile-inducing activities.
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Article
Brown Shoe outperforms
In its last quarterly income statement before changing its name to Caleres, the parent company of Famous Footwear, Naturalizer, Rykä and other brands reported better than expected sales and gross margins for the 13 weeks ended May 2. The group's net income rose by 25 percent to $19,261,000 on 1.9 ...
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News briefs
Schuh, the British footwear retailer owned by Genesco, has decided...
Schuh, the British footwear retailer owned by Genesco, has decided to distribute a bonus of £25 million (€35.2m-$38.7m) among its 3,500-odd employees to reward its staff. When it took over the chain in 2011 for £125 million (€175.9m-$193.6m), the American parent company had agreed that it would establish a bonus ...
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News briefs
Converse Rubber Tracks, the sports brand studio program, is going...
Converse Rubber Tracks, the sports brand studio program, is going global after a new partnership was established with London's Abbey Road, the iconic studios most closely associated with the Beatles. Converse's studio program was launched in 2011, with the opening of the first brick-and-mortar Rubber Tracks studio in Brooklyn, to ...
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News briefs
Patrice Boydron, former French country manager of Esprit, has joined...
Patrice Boydron, former French country manager of Esprit, has joined Geox as managing director for Western Europe, covering France, Benelux, Ireland and the U.K. He has taken the place of Matthew Schegg, who has moved to Columbia Sportswear.
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Article
Farfetch buys the iconic Browns boutique
Hybrid multi-channel retailing has made an interesting step forward as Farfetch, the multi-brand British fashion website, has acquired Browns, a famous London boutique where important shoe brands have a presence, as part of its omni-channel growth strategy. The financial details were not disclosed. Farfetch plans to operate the store to ...
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News briefs
Roberto Botticelli has signed a deal with Fairton International for...
Roberto Botticelli has signed a deal with Fairton International for the distribution of its shoes in China. The Chinese company, which is celebrating its 60th anniversary, will open mono-brand stores for the Italian shoe brand in ten cities in the next five years. The first one is scheduled to start ...
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Short stops
Bloch has opened its first French store in Paris...
Bloch has opened its first French store in Paris
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Article
Weyco posts better overall results
Bogs enjoyed its sixth consecutive quarter of double-digit growth during the period ended March 31, posting a 20 percent increase in wholesale revenues for the period, driven by higher sales of women's and children's boots in North America.Stacy Adams, another brand of the Weyco Group, recorded a sales increase of ...
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News briefs
Skechers is in the top ten brands best perceived by...
Skechers is in the top ten brands best perceived by mothers in the U.S., according to the consumer perception firm YouGov's BrandIndex. Over the past three months, YouGov surveyed 20,000 mothers with children under 18. Brands were ranked by averaging sub-scores on quality, satisfaction, impression, value, reputation and willingness to ...
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Short stops
Berneda, the Spanish company that owns the Munich brand...
Berneda, the Spanish company that owns the Munich brand of sneakers, is reportedly going to launch another brand, called Duuo, for the women's market



