All Shoe Intelligence articles in Volume 17, Issue 12-13 – Page 4
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News briefs
Vibram USA, the North American subsidiary of the Italian sole...
Vibram USA, the North American subsidiary of the Italian sole maker, has acquired the soling assets of Quabaug Corporation, its U.S. manufacturing and distribution partner since 1965. Their activities are to be integrated into Quabaug Vibram Innovation (QVI). Vibram said the aim of the acquisition was to maintain its U.S.-based ...
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Short stops
Gordon Brothers, an American investment group based in Boston, is...
Gordon Brothers, an American investment group based in Boston, is said to be interested in the possible takeover of the Brantano and Jones Bootmaker chains from Macintosh Retail Group, as well as its Dutch do-it-yourself chain, Kwantum
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News briefs
Günther Althaus, chief executive of the ANWR Group, and Fritz...
Günther Althaus, chief executive of the ANWR Group, and Fritz Terbuyken, product manager, have been confirmed in their positions until the end of 2020. The general meeting of the German-based buying group, which took place in Prague, also expanded the supervisory board from ten to 12 members. New on the ...
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News briefs
Important people have joined the management of Alma, the Italian...
Important people have joined the management of Alma, the Italian company that has come out of the merger between Manas and Alfiere. Fabrizio Salvatori, who has worked for Tod's, Geox, Stonefly and Fabi, has become its chief operating officer. Stefano Rossi, who has collected experience at multi-national companies, is its ...
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News briefs
Birkenstock has placed all its sales operations for Europe, the...
Birkenstock has placed all its sales operations for Europe, the Middle East and Africa under the management of Klaus Baumann, a 46-year-old former executive of Camper who was responsible for Germany, Austria and Poland. He will work with Michael Schmitz, formerly with Converse and Nike, to cover the Middle East ...
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News briefs
CTC, the French-based quality certification agency for leather and leather...
CTC, the French-based quality certification agency for leather and leather products, has announced the appointment of André Leroy as sales director for CTC Greater China and CSR Officer of CTC Groupe. He will be based in Hong Kong. Leroy was previously global compliance program manager for Avery Dennison and quality ...
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News briefs
After three years of negotiations, the People's Republic of China...
After three years of negotiations, the People's Republic of China and South Korea have signed a free trade agreement (FTA) intended to remove most import tariffs on each other's products within the next 20 years, subject to parliamentary approval. China is the biggest trading partner for Korea and vice versa. ...
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News briefs
After approval by the U.S. House of Representatives and the...
After approval by the U.S. House of Representatives and the Senate, President Barack Obama has finally been able to sign Trade Promotion Authority (TPA) legislation giving him “fast-track” power to negotiate the Trans Pacific Partnership (TPP). The deal would lower imported duties for products sourced from Vietnam and 10 other ...
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News briefs
Clarks has selected Aerohive for the new Wi-Fi technology it...
Clarks has selected Aerohive for the new Wi-Fi technology it is putting into its Clarks and Mothercare stores throughout the U.K. Aerohive's Wi-Fi service is based on controller-less, cloud-enabled technology. With this new technology, the footwear company aims to improve customer service and provide a platform for innovative in-store technologies. ...
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News briefs
Mikro-Pak has reassigned its marketing and customer service activities for...
Mikro-Pak has reassigned its marketing and customer service activities for the U.K. and Ireland to its main European office in the Netherlands, thus terminating its relationship with Steve Bracewell. Since May 1, all business and service needs for the region are handled directly from Micro-Pak's Hong Kong headquarters, with support ...
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Article
Alpina is acquired by Slovenian state bank
Alpina, the Slovenian maker of ski and outdoor footwear, has been acquired entirely by Bank Assets Management Company (BAMC) the country's state-owned “bad bank.” BAMC, which was Alpina's largest creditor, agreed earlier this month to convert some of its debt into equity and intends to organize the company's sale. Matjaž ...
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News briefs
Tamara Mellon has accused Jimmy Choo, which she co-founded in...
Tamara Mellon has accused Jimmy Choo, which she co-founded in 1996, of trying to hinder the growth of her new eponymous fashion brand. According to Mellon, who worked for Jimmy Choo until 2011, her former company has allegedly asked two Florence-based leather suppliers to refuse to work with Tamara Mellon ...
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News briefs
Faguo, the French brand of shoes and accessories, has opened...
Faguo, the French brand of shoes and accessories, has opened its first store, located at 81, rue Vielle-du-Temple in Paris, with the help of some seed financing. Reportedly, Faguo raised its sales by 40 percent to €2.8 million last year and one-third of them were made outside France.
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Article
Royer sees sales accelerating
Groupe Royer celebrated its 70th anniversary last week, in the presence of 80 collaborators from all over the world, by announcing a 7 percent sales increase to €280 million in 2014 and predicting a further increase to €310 million in 2015. The big French company, which is involved in private ...
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News briefs
Some of the latest numbers from the NPD Group about...
Some of the latest numbers from the NPD Group about shares in the U.S. athletic footwear market indicate that Skechers has over taken Adidas as the second-largest sports footwear brand for the quarter ended in March. As reported by The Wall Street Journal, the NPD Group puts Skechers' market share ...
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Article
Young shoppers are not ready to abandon physical stores
Digital natives do not shop only on-line. Gfk recently questioned shoppers aged 16-21 in ten markets around the world including the U.S, the U.K., Germany, Italy, Korea, Brazil, Russia, India, China and South Africa. Findings from the recent Global Young Shopper survey indicate that this young generation loves the environment ...
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News briefs
The Danish Bestseller group is moving its 800-odd employees from...
The Danish Bestseller group is moving its 800-odd employees from various locations in Aarhus into a single headquarters near the harbor of the city. It comprises six buildings with a total surface of 21,500 square meters. Two of the buildings house a cafeteria, conference rooms, recreational areas and other shares ...
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News briefs
India exported $933.8 million worth of leather shoes in the...
India exported $933.8 million worth of leather shoes in the ten months ended last January, according to the country's Council for Leather Exports, representing an increase of 16.3 percent from the same period a year earlier. Together, sales abroad of leather and leather products grew by 13.4 percent to $5,549.4 ...
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Short stops
Yue Yuen has sold 727 million shares in Symphony Holdings...
Yue Yuen has sold 727 million shares in Symphony Holdings for $3.7 million, which will be reinvested in its core business
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Article
Bata India posts a 48% profit increase
Bata India reported a 48.3 percent jump in net profit at 584.3 million rupees (€8.2m-$9.2m) during the quarter ended March 31, mainly driven by exceptional items related to a property development project. Net sales declined by 0.8 percent to INR 4,910 million (€69.1m-$77.2m). The footwear retailer and manufacturer has changed ...
