All Shoe Intelligence articles in Volume 17, Issue 18-19 – Page 6
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News briefs
LVMH reports organic growth of 7 percent for the third...
LVMH reports organic growth of 7 percent for the third quarter ended June 30, but organic sales in its Fashion & Leathergoods segment increased by only 3 percent, representing the worst performance within the group. The segment's sales had a booked an organic increase of 10 percent in the second ...
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Short stops
Ash has opened a new 50-square-meter store at Corso Como...
Ash has opened a new 50-square-meter store at Corso Como 9 in Milan
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Short stops
Dennis Schmidt, a 42-year-old former manager of Uhlsport, has joined...
Dennis Schmidt, a 42-year-old former manager of Uhlsport, has joined Bernd Hummel to work on brand-building and other marketing activities for Kangaroos, the brand licensed by Pentland Group for Germany and other markets in Europe
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Article
Snipes plans 40 new openings
Snipes, a subsidiary of Deichmann, is pursuing its expansion plan, reportedly aiming to open 40 new shops by the end of the year. The footwear retailer opened 19 shops in 2013, then 30 in 2014. Snipes operates mostly in Germany, where it is headquartered, but is also present abroad. In ...
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News briefs
TheMicam has confirmed the new Sept. 3-6 schedule that it...
TheMicam has confirmed the new Sept. 3-6 schedule that it had negotiated with Fiera Milano for the second part of next year. Fiera Milano had proposed an Aug. 28-31 schedule, which would have interfered with the traditional holiday season in Italy. There was subsequently a debate over a possible shift ...
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News briefs
The Fashion Market, which took over the 24 Scapino stores...
The Fashion Market, which took over the 24 Scapino stores operated in Belgium by Macintosh Retail Group one year ago, has filed for insolvency. The trustees have already stopped all the store leases of the Belgian retail group, which wanted to create a big discount chain for shoes and apparel.
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Short stops
Fratelli Soldini, which reached sales of €32 million in 2014,...
Fratelli Soldini, which reached sales of €32 million in 2014, reportedly increased them by about 10 percent in the first half
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News briefs
German shoe retailers booked a nominal sales increase of 2...
German shoe retailers booked a nominal sales increase of 2 percent in July as compared to the same month a year ago, according to the Institut für Handelsforschung. The spring/summer season has been positive, but the year so far has been negative, showing a decline of one percent for the ...
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News briefs
Vietnam's leather and footwear sector registered a 18.4 percent increase...
Vietnam's leather and footwear sector registered a 18.4 percent increase and earned $8.8 billion in export revenues in the first nine months of the year, according to Vietnam's Ministry of Planning and Investment. In that period the sector produced 241.9 million pairs of shoes, which represent an increase of 24.1 ...
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News briefs
Tata Italia has announced a 14 percent sales increase for...
Tata Italia has announced a 14 percent sales increase for the last fiscal year, with revenues of €37.5 million, and plans for the opening of new shops. The brand is aiming for revenues of €45 million this year. Tata Italia, which is based in Bitonto, near Bari, operates a total ...
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News briefs
Ara Shoes plans to eliminate nearly 100 of the 380...
Ara Shoes plans to eliminate nearly 100 of the 380 jobs at its head office in Langenfeld, citing declining demand in some markets and a generally challenging retail environment. The remaining serial manufacturing at the site will be phased out, and the production will be limited to the development of ...
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News briefs
Salvatore Ferragamo celebrated its 100th anniversary with a big party...
Salvatore Ferragamo celebrated its 100th anniversary with a big party for the reopening its flagship store on Rodeo Drive, in the plush Beverly Hills district of Hollywood. The Italian company, whose eponymous founder became famous for making shoes for movie stars, has also launched a digital platform that will recount ...
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News briefs
Frank Wright has engaged CO1 SL as a distribution partner...
Frank Wright has engaged CO1 SL as a distribution partner for the Spanish market. The British brand, which belongs to the Jacobson Group, had formed a U.S. distribution arm earlier this year, with agents for the East and West Coasts. It now has also an agent for the Midwest.
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News briefs
The Wortmann group's sales rose by only 0.3 percent to...
The Wortmann group's sales rose by only 0.3 percent to €1,016 million in the past financial year, ended on May 31. The export ratio grew slightly to 53.5 percent of the turnover, but while the company performed better in France, the Benelux countries and Poland, its sales declined slightly in ...
