All Shoe Intelligence articles in Volume 17, Issue 12-13
View all stories from this issue.
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Article
Is Reno for sale?
Apparently, the European shoe retailing landscape is poised for another major change of ownership. After big groups such as Görtz, Vivarte, Macintosh Retail Group and Leder & Schuh, which have brought in new institutional investors or announced the divestiture of some of their activities, another big retail chain operating in ...
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News briefs
“Shoes: Pleasure and Pain,” is the title of a new...
“Shoes: Pleasure and Pain,” is the title of a new exhibition, sponsored by Clarks, that opened at the Victoria & Albert Museum in London last Saturday. It celebrates the sacrifices that women and some men have made in the past centuries to fit their feet into tiny shoes and on ...
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Article
Yue Yuen reports mixed quarterly results
Yue Yuen Industrial Holdings has reported a net profit of US$96.1 million for the first quarter ended March 31, up from $72 million in the year-ago period, but its operating earnings fell by 9.2 percent to $85.9 million before extraordinary items, reducing the operating margin of the group from 5.16 ...
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News briefs
Momad, the multi-sector trade show in Madrid, will be splitting...
Momad, the multi-sector trade show in Madrid, will be splitting dates for footwear and textiles. As previously announced, the coming edition of Momad Metrópolis, to be held on Sept. 11-13, will have footwear occupying a dedicated space, namely the entire hall 4. Similarly, the winter edition of the event, which ...
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Article
Shoe Zone reports lower sales and profits
Shoe Zone has reported a 5.7 percent decline in sales to £78.2 million (€108.4m-$121.2m) for the six months ended April 4. The British discount-oriented shoe retailer attributed it to nine store closures and mild weather conditions. Sales volumes went up, but customers preferred to buy relatively cheap, transitional products such ...
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Article
A woman will lead Italy’s shoemakers
Annarita Pilotti was elected on June 9 by a vast majority for a four-year term as the new president of Assocalzaturifici, the powerful Italian shoe industry association. Born in 1958, she is the chief executive of Loriblu, a manufacturer of women's shoes in the Marche region of Italy. She was ...
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Article
Pentland reports higher sales and profits
Pentland Group's pre-tax earnings jumped by 92 percent to £164 million (€230.5m-$257.8m) in 2014 on 14 percent higher revenues of £2.2 billion (€3.1bn-$3.5bn). Operating income before amortization of intangible assets and exceptional items increased by 30 percent to £202 million (€283.9m-$317.4m).The group's 2014 results were boosted by the strong progress ...
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Short stops
Harrys of London will unveil a new shopfit at its...
Harrys of London will unveil a new shopfit at its flagship store in London's Burlington Arcade from July 9
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News briefs
Pikolinos and Gioseppo are reported to have pledged to provide...
Pikolinos and Gioseppo are reported to have pledged to provide some financial support to salvage their local football club, Elche CF. The two Spanish footwear companies have apparently pledged €200,000 and €100,000, respectively, to help prevent the club's insolvency. Gioseppo is already a sponsor of the club. Elche ended the ...
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News briefs
Quick Schuh, the low-cost German group of franchised stores run...
Quick Schuh, the low-cost German group of franchised stores run by ANWR, made a profit of €198,000 last year, up by 43 percent from 2013, on 3.4 percent higher revenues of €11.9 million. The franchisees' sales grew by 1.0 percent to €162.9 million. On a same-store basis, their sales increased ...
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Article
Expo Riva Schuh is holding up well
The early international shoe show on Lake Garda continued to score better than many other footwear trade shows, in tune with the growing globalization of trade in the sector. The fair did not have a really euphoric start, according to several exhibitors. The first day was comparable to that of ...
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News briefs
Diadora has reopened a production line at its factory in...
Diadora has reopened a production line at its factory in Caerano di San Marco, near Montebelluna, to make a “made in Italy” line of high-end sneakers in collaboration with leading sneaker stores. The goal is to reach an annual output of about 100,000 pairs. The plant has been closed for ...
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Short stops
Falc is producing a new line of men's sneakers developed...
Falc is producing a new line of men's sneakers developed in collaboration with an Italian fashion blogger, Mariano Di Vaio, that was presented at the recent Pitti Uomo fair in Florence
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News briefs
A majority of Rocket Internet's shareholders has decided to raise...
A majority of Rocket Internet's shareholders has decided to raise up to two billion euros in new funding through convertible bonds and other means to help it to become the biggest internet platform outside the U.S. and China. The Berlin-based company, which helped Zalando to start up, already has about ...
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Short stops
San Marina, the self-service store concept of Vivarte, has inaugurated...
San Marina, the self-service store concept of Vivarte, has inaugurated a new shopfit on the rue de Passy in Paris
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News briefs
Hai Hung Footwear Export Company of Vietnam has reportedly lost...
Hai Hung Footwear Export Company of Vietnam has reportedly lost more than $100,000 from the destruction of machinery and thousands of pairs of shoes in a fire at its factory in the northern province of Hai Duong. The reports indicate that there were no casualties.
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News briefs
The executive committee of Fice, the Spanish sporting goods industry...
The executive committee of Fice, the Spanish sporting goods industry association, is expected to approve shortly the nomination of a new executive director, following the death last October of its former executive president, Rafael Calvo, and the retirement in December of Javier Garcia-Lillo as secretary general, after 36 years. José ...
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News briefs
Jockey International will come out with its first line of...
Jockey International will come out with its first line of men's and women's shoes in spring/summer 2016, followed by a more comprehensive line for the autumn/winter 2016/17 season, including slippers and tongs. It will be developed under a license with The Eastman Group, which specializes in technical fabrics. The footwear ...
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News briefs
Skechers told the recent Citigroup investor conference that it expects...
Skechers told the recent Citigroup investor conference that it expects its sales in China to reach $150 million this year and is targeting an annual turnover of $500 million in the next four to five years. The management indicated that some major franchising agreements are in the works. It sees ...
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Article
Greater China hits Prada’s results
The Prada Group's first quarter was affected by its performance in Greater China, especially in Hong Kong and Macau, which trimmed sales in local currencies and slashed its operating profits. Consolidated sales rose by 6.5 percent to €828.2 million in the quarter, ended April 30, thanks to the strengthening of ...
