All Shoe Intelligence articles in Volume 17, Issue 14-15
View all stories from this issue.
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Article
Mixed results for Wolverine
Wolverine Worldwide's consolidated revenues grew by 2.7 percent to $630.1 million for the second quarter ended June 20, with a 4.9 percent increase on a currency-neutral basis. They actually went up by 6.9 percent without including the discontinued line of Patagonia footwear and sales at the corporate stores that have ...
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News briefs
Vans has launched a limited-edition line of sneakers signed by...
Vans has launched a limited-edition line of sneakers signed by Takashi Murakami, triggering big lines in front of some stores. The famous Japanese designer has stopped working for Louis Vuitton on its handbags after 13 years of collaboration.
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News briefs
The management of Steven Madden predicts that its sales will...
The management of Steven Madden predicts that its sales will grow this year by betweeb 7 and 9 percent after a second quarter in which they went up by 9.4 percent to $323.6 million. Wholesale revenues increased by 6.8 percent, while retail revenues jumped by 24 percent, with an increase ...
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News briefs
Josef Seibel has sold its remaining holdings in the Leiser...
Josef Seibel has sold its remaining holdings in the Leiser group of shoe stores to its general manager, Steffen Liebich, who has been running the previously insolvent company for the past three years, restructuring it with a focus on finance and personnel. Josef Seibel, which owns the eponymous brand and ...
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News briefs
A restructuring specialist, Yorck H. Richter, has taken on the...
A restructuring specialist, Yorck H. Richter, has taken on the management of Scarosso along with Indira Thambiah, who is in charge of promoting the internationalization of the German online retailer of Italian-made men's shoes. Moritz Offeney and Marco Reiter, who founded Scarosso five years ago, have left the company, reportedly ...
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Article
Gucci makes an unexpected turnaround
Kering's stock market quotation opened 6 percent higher after the company reported an unexpected sales turnaround for its biggest brand. After suffering a decline of 7.9 percent in the first quarter, Gucci's sales increased by 4.6 percent on a comparable, constant-currency basis in the second quarter, with improvements in all ...
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News briefs
The Premium Group, which organizes the Premium and Seek trade...
The Premium Group, which organizes the Premium and Seek trade shows in Berlin, has acquired Bright, the streetwear and action sports fair run simultaneously in the German capital. Bright's two founders, Marco Aslim and Thomas Martini, have sold their shares but will continue to work as managing directors of the ...
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Article
Geox’ Serbian plant to start up in September
In discussing its latest financial results, Geox gave an update regarding the shoe factory it is building in Serbia, which is now scheduled to come on stream in September. The site is expected to make more than 1.2 million pairs a year at cruising speed.The company has already hired 250 ...
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News briefs
The French pop-up store sponsored by the French shoe industry...
The French pop-up store sponsored by the French shoe industry federation this past spring to showcase some of the best French shoe brands turned out to be a rather successful project. It generated the equivalent of €120,000 over a three-week period for the seven French companies that participated, each with ...
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News briefs
Yue Yuen Industrial, the leading footwear maker, reports that its...
Yue Yuen Industrial, the leading footwear maker, reports that its consolidated operating revenues for June 2015 amounted to $752,391, which was an increase of 4.7 percent compared with the same month last year. For the first six months of the year, this revenue reached $4,248.2 million, up by 7.4 percent ...
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Article
Macintosh outperforms other shoe e-tailers
Sales of footwear over the internet continued to grow in the Netherlands and Belgium during the first four months of this year, but the rationalized Macintosh Retail Group continued to improve its market shares in both countries - especially online - thanks to its omni-channel strategy.In discussing the company's results ...
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News briefs
The German Footwear Institute (DSI) has produced a user-friendly guide...
The German Footwear Institute (DSI) has produced a user-friendly guide to help tanners to avoid excessive doses of Chromium VI, and it is planning to issue a similar guide for shoe manufacturers toward the end of the year. It makes several recommendations to avoid its formation in the course of ...
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News briefs
A new executive director, José Monzonis Salvia, took office this...
A new executive director, José Monzonis Salvia, took office this month at Fice, the Spanish shoe industry federation. This industrial engineer served for the past three years as vice minister of the economy, industry and energy in the state government of Valencia, an important shoemaking region of Spain. He previously ...
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Article
Foreign designers wanted for India’s shoe industry
Recognizing the importance of R&D and innovation to foster the development of its industry, the Indian government has set up a new Design Task Force as part of its “Make In India” campaign. The Leather sector, including the production of leather and non-leather shoes, is one of 18 industrial focus ...
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Article
Deflation in leather footwear prices?
The worldwise shoe production rose by 8 percent to an estimated 24.3 billion pairs in 2014, according to the annual World Footwear Yearbook produced by Apiccaps, the Portuguese shoe industry association. Global exports increased at a faster rate of 16 percent, reaching 16.4 billion pairs, but they were up in ...
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Article
Online sales of shoes decline in Germany
Quoting surprising figures from the Statistical German Office and other sources, the country's association of shoe retailers, BDSE, reported at the GDS trade show in Düsseldorf that sales of footwear over the internet fell by 0.6 percent in the first half of 2015, representing 13 percent of the total national ...
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News briefs
Daniel Knuchel, who is described as a finance expert, has...
Daniel Knuchel, who is described as a finance expert, has joined more sales and marketing-oriented Alf Natek in the top management of Ferdinand Richter, the Austrian producer of children's shoes. Knuchel's appointment follows the resignation of Gerhard Aigner at the beginning of this year.
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Article
Crocs is not yet out of the woods
Crocs' new focus on fewer products, fewer stores and fewer geographical markets is not expected to bear its best fruits until the first half of 2016. Gregg Ribatt, the company's new chief executive, sees the business continuing to stabilize around the globe, and sales declined by 8 percent in the ...
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News briefs
Wolverine Worldwide has raised its senior secured credit facility by...
Wolverine Worldwide has raised its senior secured credit facility by $300 million to $950 million, comprising a term loan of $450 million and a $500 million revolving credit. The new credit agreement negotiated with company's lenders also extends the maturity date of the facility. It lowers the cost of servicing ...
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News briefs
Confirming a report in Schuhkurier, a spokesperson for Ecco says...
Confirming a report in Schuhkurier, a spokesperson for Ecco says Uwe Janzen has left the company in the framework of structural changes. He will not be replaced in his latest position as sales director for Europe, the Middle East and Africa, which he assumed in 2011 after working for four ...
