All Shoe Intelligence articles in Volume 17, Issue 6-7 – Page 2
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News briefs
Half of the shoe companies operating in Italy feel that...
Half of the shoe companies operating in Italy feel that they have completed their transformation, while those that still have to finish their reorganization has declined to 33 percent of the total. This is one of the trends listed in the latest Shoe Report presented to the Italian Parliament by ...
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News briefs
Fratelli Rossetti have presented a “smartshoe” that communicates information to...
Fratelli Rossetti have presented a “smartshoe” that communicates information to the consumer. By pointing a smartphone at the shoe, the consumer has access to such details as the history of the company and the people who created the shoe, as well as suggestions on product care and use, and even ...
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Article
Same-store sales collapse at Tod's
Same-store sales plummeted by 10.6 percent at constant currency rates in the 10 weeks from Jan. 1 to March 8 across the network of stores directly operated by the Tod's group. The drop was attributed to ongoing weakness in some key markets such as Greater China, the date of the ...
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News briefs
A collection of men's shoes launched by Cole Haan this...
A collection of men's shoes launched by Cole Haan this spring stems from a collaboration with a New York-based designer, Todd Snyder. The styles sport a special logo and are named after different streets in Lower Manhattan.
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News briefs
A presentation by the French Leather Council (CNC) at the...
A presentation by the French Leather Council (CNC) at the Première Vision Leather fair in Paris revealed that China kept the export leadership last year in the overall leather sector, with a global market share of 40.9 percent, followed by Italy (11.1%), Vietnam (6.8%), France (4.0%) and India (3.2%). It ...
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News briefs
Cleto Sagripanti, the young president of the Italian shoe industry...
Cleto Sagripanti, the young president of the Italian shoe industry association (Assocalzaturifi), is apparently the only candidate at the moment to take the place of Jean-Pierre Renaudin as president of the European Confederation of the Shoe Industry (CEC). Renaudin has also decided to step down as president of the French ...
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Article
Jimmy Choo reduces its losses
In its first full-year results since floating on the London Stock Exchange in October, Jimmy Choo reported losses of £10.8 million (€14.8m-$16.1m) for the year ended Dec. 31, 2014, down from £17.7 million the year before, in spite of expenses of £7.8 million (€10.7m-$11.6m) related to its IPO. Revenues rose ...
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Article
Geox seeks a new Chinese partner
Geox is looking again for a new Chinese partner as the present one, Riqing Enterprise, has run into financial trouble. As Geox is reviewing its options in China, the Asian powerhouse, which represents an estimated 2.5 percent of group revenues, will not make its expected contribution this year, prompting Geox ...
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News briefs
Xiu.com, a Chinese fashion online retailer, reports that Salvatore Ferragamo...
Xiu.com, a Chinese fashion online retailer, reports that Salvatore Ferragamo has agreed to sell its products on its website for an initial period of three years. To encourage more European brands to use its portal, Xiu.com has set up two warehouses in Italy and the U.K., following a strategy that ...
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News briefs
Vivarte has named Massimiliano Messina as its new chief operating...
Vivarte has named Massimiliano Messina as its new chief operating officer and a member of the board, effective immediately. He replaces Pierre Trotot, who arrived in May last year as the deputy general manager and who has resigned. Messina, 44, was most recently chief financial officer of Chevrolet and Cadillac ...
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Article
Shoe Carnival posts sharp increases
Shoe Carnival reported sales growth of 13.6 percent to $227.6 million for the fourth quarter ended Jan. 31, 2015, as compared to $200.3 million for the fourth quarter of fiscal 2013. Comparable sales increased by 9.5 percent in the quarter, exceeding the company's guidance. The growth was driven by gains ...
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Article
Percassi buys Vergelio, a historic shoe retailer
Vergelio Calzature has been acquired by Percassi, an Italian multi-sector group that employs more than 5,000 people. Roberto Vergelio, currently head of the Italian shoe retail chain, will continue to work for the group as a consultant. All of his 110-odd employees are due to be taken on by the ...
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Article
Brown Shoe’s earnings climb in the fourth quarter
Brown Shoe Company reported sales of $615.4 million in the fourth quarter ended Jan. 31, up 2.6 percent against sales in fourth quarter of 2013. Reported net earnings were $16.2 million, including adjustments primarily related to the sale of Shoes.com in December 2014. Adjusted net earnings of $9.0 million were ...
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Article
Temporary drop for Brazilian shoe exports?
The U.S. dollar has reached its highest level in ten years against the Brazilian real, yet the Brazilian shoe industry exported 23 percent less in the first two months of this year in terms of dollars, or a total of 20.85 million pairs worth $150.4 million. Imports declined by 17 ...
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News briefs
Piccadilly, the Brazilian specialist in synthetic women's shoes, has introduced...
Piccadilly, the Brazilian specialist in synthetic women's shoes, has introduced a new technology, called Soft Step, that reduced the impact on the forefoot. The solution leads to a feeling of comfort even in shoes with an 8-centimeter high heel. The insole integrates memory foam. Piccadilly was recently named as the ...
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News briefs
Deckers Brands has promoted Dave Powers to the role of...
Deckers Brands has promoted Dave Powers to the role of president of the company. In his new role, he will lead the omni-channel, as well as each of the brand teams. Deckers' portfolio of brands includes Ugg, Teva, Ahnu, Sanuk, and Hoka One One. Powers joined Deckers in 2012 as ...
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News briefs
Deckers Brands has launched a multi-brand e-commerce platform in Singapore...
Deckers Brands has launched a multi-brand e-commerce platform in Singapore and Australia, to be followed by openings in Hong Kong at the end of this month, and Malaysia and South Korea before the end of June. The company plans to launch it in New Zealand and Taiwan in 2016 and ...
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News briefs
Vans, a brand of VF Corporation, has promoted Lance Eddy...
Vans, a brand of VF Corporation, has promoted Lance Eddy to the position of sales director. In his new role, he will be leading product strategy and core marketing in the U.S., and will be coordinating the distribution of the brand in Europe, Africa and the Middle East. Eddy joined ...
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Short stops
Gisele Bündchen, the Brazilian supermodel sponsored by the Ipanema brand...
Gisele Bündchen, the Brazilian supermodel sponsored by the Ipanema brand of sandals, will retire from runway modeling
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Short stops
Furla, the Italian brand of handbags, has launched its first...
Furla, the Italian brand of handbags, has launched its first line of women's shoes, comprising 50 styles and made in Tuscany
