All Shoe Intelligence articles in Volume 17, Issue 4-5
View all stories from this issue.
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Article
New owners for Samson
Samson, a French shoemaker that prided itself on making all its shoes in France, has been taken over by Colonnier-Coiffard, another French shoe company that makes its products in Morocco. The new owner has agreed with Samson's receivers to keep only 46 of its 128 employees and to transfer most ...
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Article
Margins under pressure at LVMH
Hermès is due to publish its profit figures for 2014 on March 25. Meanwhile, LVMH has reported the first drop in its operating profits in five years. They declined by 5 percent to €5,715 million, resulting in an operating margin of 19 percent, mainly due to lower revenues from Wines ...
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Short stops
Sanuk has opened a store in the heart of the...
Sanuk has opened a store in the heart of the Walt Disney World Resort of Orlando, Florida
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Article
Hermès predicts slower growth
Hermès broke the €4 billion barrier in 2014 for the first time, raising its total sales by 9.7 percent to €4,118.6 million, or 11.1 percent in constant currencies, outperforming the rest of the luxury goods market. Comparatively, the bigger Louis Vuitton brand grew by only 2 percent to more than ...
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News briefs
Mirapodo, the online shoe store operated by the Otto Group,...
Mirapodo, the online shoe store operated by the Otto Group, is going to offer the shoes of the British Next chain in Germany, starting this month. The product range is being expanded for the spring/summer 2015 season with the addition of other brands such as S.Oliver and Kappa. The Otto ...
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Short stops
Jean-Pierre Fabre, a shoe retailer in Montpellier who has run...
Jean-Pierre Fabre, a shoe retailer in Montpellier who has run the French Shoe Retailers' Federation, has received the Legion of Honor
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News briefs
A new partner is expected to help Fornari, the parent...
A new partner is expected to help Fornari, the parent company of Fornarina, to expand online and in Asian markets, and to get out of insolvency proceedings. Its name should be revealed in the next few weeks, according to the Italian press. Led by Lino Fornari, the company is said ...
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Article
Sales go up, margins down for Gucci's parent
Kering reported a 4.0 percent increase in consolidated revenues from continuing operations to €10.04 billion in 2014, up 4.5 percent on a currency-neutral basis. However, the group's operating margin went down by 1.6 percentage points to 16.6 percent and its net income declined by 4.4 percent to €1,177.4 million.The revenues ...
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Article
The GDS feels it has done the right things
The organizers of the GDS and Tag it! trade shows in Düsseldorf declined once more to provide attendance figures for the session held on Feb. 4-6, but said that there was a slight increase in the number of visitors as compared to last summer's edition, when earlier dates were introduced ...
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Short stops
The Dodennhof department store in the German town of Posthausen...
The Dodennhof department store in the German town of Posthausen will expand its shoe floor to 4,500 square meters by mid-September, including a space of 700 m² for men's shoes
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News briefs
Crocs has realigned regional management functions, reducing the geographical structures...
Crocs has realigned regional management functions, reducing the geographical structures from four to three, including one for the European Union and another for the Americas. In this context, David Thomson, who has been most recently executive vice president of Tommy Hilfiger for Asia-Pacific, has been named by Crocs to a ...
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Article
Skechers’ strong international momentum continues
At the current pace, Skechers USA seems to be poised to reach an annual turnover of €4 billion in two to three years' time, with sales outside the U.S. growing from 37.5 percent of the total to 50 percent or more. Clearly, the brand has found its place in the ...
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Article
The Italian shoe industry consolidates
Italy's shoe production declined by 2.5 percent to 197.1 million pairs in 2014, according to an estimate published by the Italian industry association, Assocalzaturifici, on the eve of theMicam, the big trade show that opened in Milan on Feb. 15. At 3.5 percent, the rate of decline was particularly strong ...
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News briefs
Nine designers are collaborating with Disney by creating their version...
Nine designers are collaborating with Disney by creating their version of Cinderella's iconic glass slipper, to celebrate the release of Disney's live-action version of the fairytale. The designers are Jimmy Choo, Salvatore Ferragamo, Stuart Weitzman, Charlotte Olympia, Nicholas Kirkwood, Paul Andrew, Alexandre Birman, René Caovilla, and Jerome C. Rousseau. The ...
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Short stops
Denise Trella, who worked for Cole Haan in the past...
Denise Trella, who worked for Cole Haan in the past ten years, has been named sales director for the lifestyle and heritage segments of Wolverine Worldwide
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News briefs
Intertek has inaugurated a new, energy-efficient and environmentally clean leather...
Intertek has inaugurated a new, energy-efficient and environmentally clean leather and footwear testing facility at Dhaka in Bangladesh. The testing group will also offer environmental auditing, testing, safety assessments and technical training services to the growing leather, leathergoods and footwear industry in the country.
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News briefs
Estate, a Chinese multi-brand retailer focusing on premium footwear and...
Estate, a Chinese multi-brand retailer focusing on premium footwear and accessories for men, women and children, was given the Micam Retail Award for the best foreign buyer at the recent edition of theMicam in Milan. Based in Quingdao, Estate has eight stores in major Chinese cities and a web store. ...
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News briefs
Kenneth Cole Productions has a new chief executive, Marc Schneider,...
Kenneth Cole Productions has a new chief executive, Marc Schneider, filling the post left vacant by Paul Blum in 2012. He will report directly to Kenneth Cole himself, who has been running the company since then. A former senior vice president of Timberland, Schneider worked at Macy's and was most ...
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Short stops
Rocket Dog has developed an interesting “ethnic chic” collection...
Rocket Dog has developed an interesting “ethnic chic” collection
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Article
New opportunities and challenges in China’s luxury market
The luxury good market in mainland China posted a decline of one percent to a level of around 115 million yuan renmimbi (€16.2m-$18.4m), according to a report on the Chinese market released by Bain & Company last month. The drop in the market, which follows many years of strong growth, ...
