All Shoe Intelligence articles in Volume 17, Issue 20-21 – Page 2
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Article
Lower results for Crocs
Crocs reported a net loss of $27.8 million for the third quarter, compared with net earnings of $12.0 million in the year-ago period. The loss came after non-recurring and special charges of $8.6 million in the latest period, compared with charges of $17.4 million a year earlier.Revenues declined by 9.4 ...
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News briefs
Leomil says it is expanding its cooperation with the Walt...
Leomil says it is expanding its cooperation with the Walt Disney Company to Latin America. It has already started to market Frozen and Minnie shoes in Colombia and Surinam, where it will also work with an upcoming Disney film, The Good Dinosaur. Its partnership for Spider-man is heading into Colombia, ...
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News briefs
Stella International sees the demand for sports fashion styles continuing...
Stella International sees the demand for sports fashion styles continuing to grow in China, helping the Chinese manufacturer of athletic and fashion footwear to record higher orders in the last quarter of this year and in 2016. In the third quarter ended Sept. 30, the group's revenues increased by 6 ...
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Article
Dune continues to expand internationally
The Dune Group raised its sales by 7.2 percent to £149 million (€212.3m-$226.5m) for the 52 weeks ended Jan. 31, according to public documents. Out of this turnover, only £6.5 million (€9.3m-$9.9m) came from its stores outside the U.K., but the shoe retailer continues to expand briskly abroad.Encouraged by positive ...
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Article
Vulcabras continues to improve
The Brazilian company's net revenues increased by 4.4 percent to 357.2 million reais (€88.3m-$94.1m) in the third quarter ended Sept. 30, but the gross margin improved by 1.8 percentage points to 28.6 percent and the company's operating profit before amortization (Ebitda) grew by 36.6 percent to R$73.2 million (€18.1m-$19.3m), indicating ...
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Short stops
Zalando is looking for a new site for its consumer-oriented...
Zalando is looking for a new site for its consumer-oriented Bread & Butter festival next summer, as the Senate of Berlin has decided to keep using the premises of the Tempelhof airport to accommodate refugees
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News briefs
Sports Connection, the distributor of Skechers in the Nordic countries,...
Sports Connection, the distributor of Skechers in the Nordic countries, says that its sales grew by more than 125 percent so far this year. The biggest growth took place in Denmark, the distributor's home market, but the other three Nordic countries – Sweden, Norway and Finland – also registered an ...
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News briefs
Gucci has unveiled a completely redesigned website for the U.S....
Gucci has unveiled a completely redesigned website for the U.S. and Canada. Building on the pre-existing version, the new gucci.com site is fully responsive, which means it is optimized to fit all screen sizes, and includes various features for smart user experience such as intuitive navigation, vertical scrolling, large and ...
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News briefs
A Hong Kong-based financial service company registered in the Seychelles...
A Hong Kong-based financial service company registered in the Seychelles islands, Yucheng International, has agreed to acquire the 64.15 percent stake held by Pegasus Footgear Management in its shoe factory in Guangzhou, Pegasus International Holding, subject to various conditions. It would subsequently make a bid for the remaining shares of ...
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News briefs
Stride Rite, the children's shoe company owned by Wolverine Worldwide,...
Stride Rite, the children's shoe company owned by Wolverine Worldwide, will include some odor-free sandals in its spring 2016 line. The initiative is based on a licensing deal with Genius Brands International for the use of its micro-encapsulated Celessence substance in the linings of Stride Rite shoes.
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News briefs
Roger L. Rawlins, executive vice president and chief innovation officer...
Roger L. Rawlins, executive vice president and chief innovation officer of DSW, will succeed the current chief executive of the American shoe retail chain, Michael R. MacDonald, on Jan. 1. Rawlings will also join DSW's board of directors. He has spent almost ten years in various functions at the company, ...
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News briefs
Nicholas Kirkwood's co-founder and chief executive, Christopher Suarez, has left...
Nicholas Kirkwood's co-founder and chief executive, Christopher Suarez, has left the company to pursue other interests effective Oct. 30. After LVMH acquired a majority stake in the company in Sept. 2013, a two-year plan was put in place to prepare the company for the next stage of development. Suarez's departure ...
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News briefs
Juanita Duggan is going to step down as chief executive...
Juanita Duggan is going to step down as chief executive of the American Apparel & Footwear Association (AAFA) at the end of this year to take on an unspecified new role. She was appointed to the post in July 2014. AAFA is developing a “leadership transition plan.”
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News briefs
William Lamb Footwear has changed its name to William Lamb...
William Lamb Footwear has changed its name to William Lamb Group. According to an official of the British company, the change is related to its possible diversification into the supply of handbags.
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News briefs
Peter Lamble is set to leave as chairman and chief...
Peter Lamble is set to leave as chairman and chief executive of Start-Rite after 25 years with the British children's footwear firm, but he is prepared to stay in his post until the appointment of a successor. Start-Rite has been owned by Lamble's family for eight generations. Its holding company, ...
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Article
Macintosh sells its U.K. shoe retail chains
Macintosh Retail Group has sold its two British shoe retail chains, Brantano UK and Jones Bootmaker, as well as its chain of 110 home decoration stores in the Netherlands and Belgium, Kwantum. The sale of these assets comes after the disposal back in April by Macintosh of Nea International, a ...
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Short stops
Snipes, the chain of sneaker shops indirectly owned by the...
Snipes, the chain of sneaker shops indirectly owned by the Deichmann group since 2011, is reportedly planning to move into the Spanish market with a first store of more than 1,000 square meters in downtown Barcelona
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Article
Ferragamo is cautious
Salvatore Ferragamo saw its revenues rise by 6.7 percent to €1,021 million in the first nine months of 2015, but they would have been much higher without a currency hedging loss of €43.6 million for the period, which compares with a €15.0 million hedging gain in the corresponding period of ...
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News briefs
Carrie Teffer will join Crocs' management as executive vice president...
Carrie Teffer will join Crocs' management as executive vice president and as its new chief financial officer on Dec. 16, while resigning from its board of directors. She previously ran financial affairs at PetSmart, Weber-Stephens and Timberland. Mike Smith has been acting as interim CFO at Crocs. In another appointment ...
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Article
Deckers hires Stefano Caroti for omni-channel
Stefano Caroti is a seasoned sporting goods industry executive who spent 23 years at Nike and six at Puma, where he served most recently as chief commercial officer. In his previous career at Nike, he ran the company's Italian and German subsidiaries before taking care of footwear and then retail ...
