All Shoe Intelligence articles in Volume 17, Issue 14-15 – Page 3
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The European Confederation of the Footwear Industry (CEC) announces a...
The European Confederation of the Footwear Industry (CEC) announces a further step in its sustainability project, which is co-financed by the European Commission. Its partners have issued a call for expressions of interest in participating in a free pilot training exercise for two levels of occupational profiles. This will allow ...
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Vecchia Toscana, based in Fucecchio, near Florence, has announced its...
Vecchia Toscana, based in Fucecchio, near Florence, has announced its takeover of Ilcea, a Turin-based tannery specializing in the tanning of classic calf leathers for men's luxury footwear. Ilcea had been placed into liquidation with effect from July 24, 2013. Vecchia Toscana signed a management contract to run Ilcea as ...
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Huajian has announced it will increase its workforce in Ethiopia...
Huajian has announced it will increase its workforce in Ethiopia by ten times in the coming years. According to reports in The Financial Times, the Dongguan-based footwear maker, which currently employs 4,000 people in the African country, will raise it to a total of 40,000 in the coming years. In ...
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Skechers has announced that Meghan Trainor will appear in a...
Skechers has announced that Meghan Trainor will appear in a brand's global marketing and social media campaign that will start later this year and go through 2017. To start with, she will appear in a TV commercial. Trainor, 21, is an American Grammy-nominated singer, songwriter and record producer. She rose ...
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Skechers USA has been upgraded by Standard & Poors Dow...
Skechers USA has been upgraded by Standard & Poors Dow Jones to its MidCap 400 Index. Meanwhile, financial analysts have been speculating that Nike and Adidas have been considering a takeover of the fast-growing American lifestyle and sports footwear brand. Apparently, there has been no expression of interest, though.
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News briefs
The chief executive of Church & Co, Stephen Etheridge, has...
The chief executive of Church & Co, Stephen Etheridge, has been made an honorary fellow of the University of Northampton at this year's summer graduation ceremonies. The footwear company is based in Northampton and its shoe production started back in 1675. Etheridge is already associated with the university, as it ...
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The Bread & Butter trade show, which opened on July...
The Bread & Butter trade show, which opened on July 7 at the Tempelhof airport in Berlin, has become a shadow of its former self. About 200 companies exhibited at the show, most of them unknown labels with basic stands. Only few visitors found their way to the show, which ...
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Caleres, the American company previously called Brown Shoe Co., has...
Caleres, the American company previously called Brown Shoe Co., has announced a private placement of $200 million worth of senior notes due in 2023. As of July 27, it received tenders for $160.7 million. The net proceeds of the offering and cash on hand would allow Caleres to purchase back ...
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Short stops
Jim Salzano, the former president of Clarks' American operations who...
Jim Salzano, the former president of Clarks' American operations who left the company in mid-2013, has been named chief executive of Easy Spirit, which belongs to the Nine West group
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News briefs
An American toymaker, Jakks Pacific, is launching a line of...
An American toymaker, Jakks Pacific, is launching a line of five dolls based on Skechers' popular Twinkle Toes characters. The two companies have also developed a series of 11 “webisodes” about the adventures of the four “Twinkle Girls” that are being released twice a month on the TwinkleToesUSA.com website. Skechers ...
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Richter, the Austrian brand of children's shoes, has also participated...
Richter, the Austrian brand of children's shoes, has also participated in the reshoring trend. It has brought back to Europe 60 percent of its annual volume of 850,000 pairs. The balance is still made in India and Vietnam.
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News briefs
Converse is introducing the new Chuck Taylor All Star II,...
Converse is introducing the new Chuck Taylor All Star II, an adaptation of the Chuck Taylor All Star iconic silhouette. The launch has been broadly labelled as “ground-breaking”, considering that the Chuck Taylor All Star, launched in 1917, is one of the world's most celebrated sneakers. The new version features ...
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Skechers has signed a new credit agreement with various banks,...
Skechers has signed a new credit agreement with various banks, replacing the one it had negotiated in 2009. It covers revolving loans of up to $250 million, or even $350 million, with relatively marginal interest rates. It allows Skechers to pay dividends to its shareholders and to buy back shares ...
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The case against Christian Louboutin's European trademark brought by Roland...
The case against Christian Louboutin's European trademark brought by Roland has been dismissed by the Court of Justice of the European Union (CJEU). Roland, a manufacturer and distributor of electronic musical instruments, had originally opposed Louboutin's trademark on the basis of the red in its own trademark. The Office for ...
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Skechers has has filed a lawsuit against Steven Madden for...
Skechers has has filed a lawsuit against Steven Madden for copyright infringement. The shoe style in question is Steven by Steve Madden's Setta shoe, which allegedly infringes on the Skechers Go Walk and other Skechers product lines. In the law suit, which was filed in the U.S. District Court for ...
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Short stops
Martin Johnston has left after a little over a...
Martin Johnston has left after a little over a year as European director of Toms, and the company is looking for his replacement, but the business is said to be growing
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News briefs
After declining every single month since the beginning of the...
After declining every single month since the beginning of the year, the German footwear market recorded a small, nominal 3 percent increase in May, according to the monthly surveys of retailers conducted by the Institut für Handelsforschung.
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Article
The strong dollar affects Deckers
The parent company of Ugg, Teva, Sanuk and other brands reported increased net losses of $47.3 million for its first quarter, ended June 30, as compared to $37.0 million in the same period a year ago. At 40.5 percent, the gross margin was 0.5 percentage points lower than a year ...
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Article
Zalando accelerates
To help sustain its strong growth, Zalando has signed a rental contract for a new office of 13,000 square meters in Berlin. According to preliminary figures, Zalando's sales jumped by 35 percent to €738 million in the second quarter ended June 30, delivering an adjusted operating margin (Ebit) of between ...
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Short stops
After five years of absence, Michael Crosno has returned to...
After five years of absence, Michael Crosno has returned to his former position of president and chief executive of Mephisto USA, replacing Rusty Hall
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