All Shoe Intelligence articles in Volume 17, Issue 6-7 – Page 5
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News briefs
Feetz, the U.S.-based company that makes customizable shoes with 3D...
Feetz, the U.S.-based company that makes customizable shoes with 3D printing (Shoe Intelligence no. 17-2+3 of Feb. 3), has closed a round of financing worth $1.25 million, allowing it to start commercial operations later this year. Aside from Uli Becker, a former chief executive of Reebok, the investors are Khosla ...
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Article
Salvatore Ferragamo sees 2015 organic sales growth of 5%
Salvatore Ferragamo is projecting organic sales growth of about 5 percent this year as its sales continue to be fueled by the purchases made by Chinese tourists outside their country. The company said that its conservative hedging policy would limit the positive impact of the dollar's appreciation against the euro.Financial ...
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News briefs
Schuh, the British footwear chain owned by Genesco since 2011,...
Schuh, the British footwear chain owned by Genesco since 2011, has gone ahead with the opening of its first store on the European mainland. Others should follow. Measuring more than 300 square meters, the new Schuh store is located in the Centro shopping mall of Oberhausen. The mall is particularly ...
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News briefs
Santoni reports a jump of about 20 percent in its...
Santoni reports a jump of about 20 percent in its turnover to €65 million in 2014, doing better than it had expected for the year. The rise was largely attributed to the growing demand for its 10-year-old women's collection, which has come to represent 30 percent of sales. The Italian ...
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News briefs
Only 15 brands including Pretty Ballerinas and Tosca Blu exhibited...
Only 15 brands including Pretty Ballerinas and Tosca Blu exhibited at the Kensington Shoe Event in London on March 1-3. Attendance was lower than in previous seasons, according to Drapers' news service.
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Article
Vietnam aims for $14 billion in shoe exports
The Vietnam Leather and Footwear Association (Lefaso) has set a target of $14 billion for the country's global footwear exports in 2015. According to the Vietnam Customs, the country's footwear exports reached an estimated $10.22 billion in 2014, Fob (Free on Board) at Vietnam's ports, representing a 21.6 percent increase ...
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News briefs
Carlo Pazolini has decided to close down all the 14...
Carlo Pazolini has decided to close down all the 14 stores it has opened in North America since 2011, according to Rbc. Founded by Ilya Reznik in 1991, the brand is one of the largest players in the Russian shoe market with a network of 230 corporate and franchised stores ...
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News briefs
Yoox made a net profit of €13.8 million in 2014,...
Yoox made a net profit of €13.8 million in 2014, or 9.4 percent better than the previous year. Operating earnings before amortization (Ebitda) grew by 13.4 percent to €48.8 million. The company had previously reported a turnover of €524.3 million for the past year, 15.1 percent higher than in 2013, ...
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News briefs
Labor costs in China are expected to rise by 12...
Labor costs in China are expected to rise by 12 percent annually in the period from 2013 to 2020. According to The Economist Intelligence Unit (EIU), part of the Economist publishing group, manufacturing labor costs in China will continue to increase sharply on an annual basis, although they will do ...
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Short stops
The GDS has confirmed a schedule of Feb. 10-12 for...
The GDS has confirmed a schedule of Feb. 10-12 for its first session in 2016, with Tag it! running at the same time
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News briefs
The $1.1 billion raised through the 2014 Skechers Friendship Walk...
The $1.1 billion raised through the 2014 Skechers Friendship Walk was celebrated by Skechers' president, Michael Greenberg, and a number of celebrities at its annual charity event, the Skechers Friendship Walk Check Presentation, which took place on March 12 at the Shade Hotel in Manhattan Beach, California. The record-breaking checks ...
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News briefs
More than 125,000 visitors attended Chic, the fashion fair held...
More than 125,000 visitors attended Chic, the fashion fair held for the first time in Shanghai's new National Exhibition & Convention Center on March 18-20. The trade show, which had been staged in Beijing in the past 22 years, hosted for the first time a dedicated exhibition of Italian apparel ...
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