All Shoe Intelligence articles in Volume 17, Issue 16-17 – Page 5
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News briefs
Steve Jamison, proprietory of Blue Sole Shoes, an 8-year-old shop...
Steve Jamison, proprietory of Blue Sole Shoes, an 8-year-old shop in Philadelphia specializing in Italian men's shoes, has won one of the two Micam Awards given to buyers of Italian footwear at last week's session of theMicam. The store's best-sellers are the John Galliano and Roberto Cavalli collections of Roberto ...
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Article
Yue Yuen grows by 7.4%, driven by retail
Total revenues grew by 7.4 percent to US$4,245 million at Yue Yuen Industrial Holdings in the first six months of this year, and they accelerated to a 7.6 percent pace in the second quarter. Operating earnings declined by 4.3 percent to $208.8 million in the six-month period across the group's ...
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News briefs
Lumberjack is predicting strong increases in turnover to €33 million...
Lumberjack is predicting strong increases in turnover to €33 million in 2015 and €40 million in 2016 as compared to the level of €25 million reached 2014, thanks in part to growing orders from outside Italy. Foreign sales are expected to rise to 22 percent of sales next year from ...
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News briefs
A court in Koblenz has rejected a complaint by 33...
A court in Koblenz has rejected a complaint by 33 Birkenstock's employees that men have been better treated at the company than women. The court argued that they have been performing different tasks.
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News briefs
Serena Guardiani, the 26-year-old daughter of Alberto Guardiani, is taking...
Serena Guardiani, the 26-year-old daughter of Alberto Guardiani, is taking over as a design director of the eponymous Italian shoe producer, founded by her grandfather Dino in 1947. She is handling the women's line of the brand, while her father will continue to take care of the men's line. Two ...
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News briefs
As previously reported, Hermès booked a sales increase of 21...
As previously reported, Hermès booked a sales increase of 21 percent to €2.3 billion for the first half of 2015, with growth of 20 percent in Japan and 7 percent in the rest of Asia, despite difficulties in Hong Kong and Macau. The French company has now added that its ...
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Article
The Nordic shoe market barely rose in 2014
Online shoe retailers have continued to gain momentum in the Nordic countries, but as in Germany (see our previous issue), not at the pace that many originally predicted. In 2014, online sales of shoes were up by 1.1 percent in Sweden and now account for 11.3 percent of all footwear ...
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News briefs
Decathlon, Timberland, Zara and about 20 other major international brands...
Decathlon, Timberland, Zara and about 20 other major international brands have signed exclusive partnership agreements with the Alibaba Group, establishing its Tmall.com website as the only third-party internet platform through which they will sell their products to consumers in China. In announcing these deals, Alibaba also said that it is ...
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Article
Yoox’ growth accelerated in Q2
After the publication of its good results, Yoox confirmed that Natalie Massanet, the visionary founder and chief executive of Net-à-Porter, will not take the position of executive chairman of the Yoox Net-à-Porter Group that will result from the planned merger of the two companies in October. Federico Marchetti, founder and ...
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News briefs
Leomil has announced the launch of a “revolutionary” B2B online...
Leomil has announced the launch of a “revolutionary” B2B online platform for its retail clients that allows its customers to access the collections anytime and anywhere around the world. Specializing in licensed character children's shoes, Leomil belongs to the Cortina group, and its website is embarked on the Cortina's new ...
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News briefs
Jimmy Choo reported a 2.8 percent increase in adjusted net...
Jimmy Choo reported a 2.8 percent increase in adjusted net income to £11.1 million (€15.3m-$17.1m) for the first half ended June 30. The gross margin improved by 1.4 percentage points to 62.7 percent as retail revenues grew by 10.3 percent in local currencies, with same-store sales up by 3.3 percent. ...
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News briefs
Jacobson Group has obtained funding of £14 million (€19.3m-$21.6m) from...
Jacobson Group has obtained funding of £14 million (€19.3m-$21.6m) from Shawbrook Business Credit to help boost its international expansion, focusing mainly on Europe, the Middle East and the Far East. The group's brands include Gola, Frank Wright, Ravel, Lotus and Dolcis.
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News briefs
Aeffe reported a 6.3 percent sales increase to €128.7 million...
Aeffe reported a 6.3 percent sales increase to €128.7 million for the first half of this year, up by 4.4 percent in constant currencies. Revenues from footwear and leathergoods, including the Pollini brand, jumped by 22 percent to €46 million and their operating margin before amortization (Ebitda) rose from 5 ...
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News briefs
Santoni has reported an increase of almost 12 percent in...
Santoni has reported an increase of almost 12 percent in its sales to €65 million in 2015, and the Italian shoe company is budgeting a turnover of €70 million for this year. About 20 percent of sales are generated in Italy, 25 percent in other European countries and 20 percent ...
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Article
Church’s, Miu Miu lift Prada group’s H1 sales
The Prada Group booked a 4 percent sales increase in the first half ended July 31 to €1,823 million, lifted by the Church's and Miu Miu brands. The group's retail sales rose by 8 percent to €1,552 million, boosted by favorable currency exchange rates and an improvement in sales performance.The ...
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News briefs
Basicnet reported a 42.1 percent increase to €74.1 million for...
Basicnet reported a 42.1 percent increase to €74.1 million for Superga in terms of wholesale-equivalent sales for the first half of this year. Part of the growth was due to new openings of mono-brand stores in numerous countries by its licensees, most recently in South Africa, China and England. The ...
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News briefs
The number of foreign visitors increased to 1,205 at the...
The number of foreign visitors increased to 1,205 at the Francal show in São Paulo in July from 1,015 a year ago. They came from 64 countries. At 43,100, the total number of visitors was up sharply from 40,800 in July 2014, when the fair was negatively affected by the ...
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News briefs
Carrefour has been given a definitive fine of €342,000 by...
Carrefour has been given a definitive fine of €342,000 by a Paris court for infringement of Humeau Beaupreau's intellectual property rights relating to its Méduse shoe, a beach sandal in molded PVC that has been on the market since 1946. The fine is said to be the highest assigned for ...
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