All Shoe Intelligence articles in Volume 17, Issue 16-17
View all stories from this issue.
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News briefs
Skechers has set up a new sales subsidiary in Panama...
Skechers has set up a new sales subsidiary in Panama to oversee more than 30 countries in Latin America including Panama, Peru, Colombia and Costa Rica. It will trade directly in these four markets instead of working with its largest distributor in the region, Dabsan International, which had some financial ...
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Article
Lower sales and profits for Weyco
The Bogs brand of boots continued to fuel the turnover of Weyco Group in the second quarter ended June 30. Sales grew by 18 percent during the period as the brand continued to broaden its product line. Along with sales increases of 12 percent and 9 percent for Stacy Adams ...
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Kering might soon be selling Sergio Rossi to Investindustrial, the...
Kering might soon be selling Sergio Rossi to Investindustrial, the Italian holding company led by Andrea Bonomi. According to Bloomberg, the Italian businessman is in advanced talks with the French group to buy the luxury shoemaker. The acquisition of Sergio Rossi might help Investindustrial create a luxury section within the ...
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Satra will soon release the results of a major international...
Satra will soon release the results of a major international foot measurement survey it has been conducting in the last three years among people in the U.K., the U.S. and China. The survey, which will tell us about the most common shoe sizes around the world, is believed to be ...
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Italy's Melluso has introduced a shoe with a shape-memory insole...
Italy's Melluso has introduced a shoe with a shape-memory insole
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Repetto is planning to introduce high-heel shoes at the opening...
Repetto is planning to introduce high-heel shoes at the opening of its first store in New York in November, according to WWD. Measuring 120 square meters and located on West Broadway in the trendy SoHo district of the city, the store is also going to offer a line of ballerina ...
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News briefs
Ira Hernowitz has left as president of Stride Rite, the...
Ira Hernowitz has left as president of Stride Rite, the children's shoe brand owned by Wolverine Worldwide. He had joined the company in November 2013 after working in the toy industry, notably at Hasbro, Tyco Toys and Toys'R'Us. Chris Hufnagel, head of strategy, investor relations and communications at Wolverine, has ...
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Article
Helping Tod's, Roger Vivier returns to its heydays
After an unusually uneventful first quarter, Roger Vivier posted a strong 60.4 percent sales increase in the second quarter of 2015, lifted by additional store openings as well as improved same-store and wholesale revenues. The brand posted double-digit growth in all regions, returning to growth levels last seen a couple ...
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Article
Growing Zalando invests in research and logistics
Zalando has opened its second “Tech Hub” outside Germany in Helsinki, starting with ten employees this month and building up gradually to 200. The team will concentrate on the development of innovative customer-oriented products, applications and services, particularly on the mobile shopping front. The new Tech Hub will complement the ...
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Article
More turmoil in Germanic retail trade
We have already reported about the reorganization of Ludwig Görtz and Leder & Schuh, the Austrian-based parent company of Humanic, Stiefelkönig and other small chains, two of which may be divested. We have also indicated that Reno may be up for sale, and we now hear that Karl Vögele, a ...
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Peter Kaiser has opened its first store at Wilhelmstrasse...
Peter Kaiser has opened its first store at Wilhelmstrasse 40 in Wiesbaden, measuring 131 square meters on two floors
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Gucci has opened its first restaurant in Shanghai under the...
Gucci has opened its first restaurant in Shanghai under the name 1921 Gucci
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Two well-known fashion models, Irina Shayk and Stephen James, have...
Two well-known fashion models, Irina Shayk and Stephen James, have become testimonials for Xti, the fast-growing Spanish footwear brand
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Kavat has opened a store for the whole family near...
Kavat has opened a store for the whole family near its head office in Kumla, Sweden
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Article
Higher prices help Italian shoe exports
Italy's shoe exports grew by 3.1 percent to €3,399.7 million in the first five months of 2015, according to the latest figures collected by Assocalzaturifici, the Italian shoe industry association. With a total volume of 93,102,000 pairs, they were 5.2 percent lower than a year ago, but their average price ...
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News briefs
The organizers of the Momad Metrópolis fashion exhibition in Madrid...
The organizers of the Momad Metrópolis fashion exhibition in Madrid have decided to stage a footwear-only show on March 5-7 next year, called Momad Shoes. This follows an increase of more than 50 percent in the number of shoe brands participating in Momad Metrópolis to more than 300 later this ...
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Article
Genesco posts higher sales and earnings
Genesco reported revenues of $656 million for the second quarter ended Aug. 1, up by 7 percent from the same quarter last year. Consolidated same-store sales grew by 5 percent, including increases of 10 percent at Johnston & Murphy stores, 8 percent at the U.K.-based Schuh Group, 8 percent at ...
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Stonefly has opened its first store in Dubai through its...
Stonefly has opened its first store in Dubai through its local partner, Quality Group
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News briefs
Dr. Martens has opened its first store on London's Oxford...
Dr. Martens has opened its first store on London's Oxford Street on three levels, taking the place of a former Accessorize shop at number 386. The 1,100-square-foot store celebrates the history of the brand through a series of images. It is the 22nd Dr. Martens store in the U.K.
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Article
Digital marketing drives DSW’s sales
DSW saw revenues increase by 6.8 percent to $627 million in the second quarter ended Aug. 1. Comparable store sales were up by 1.8 percent. The company said that digital marketing drove sales, improving conversion rates inside the physical stores by 10 percent, thanks to advanced analytics that allowed the ...