All Shoe Intelligence articles in Volume 17, Issue 8-9 – Page 6
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News briefs
Salvatore Ferragamo has extended its licensing agreement for sunglasses and...
Salvatore Ferragamo has extended its licensing agreement for sunglasses and prescription frames with Marchon Eyewear for a further five years until the end of 2021. Volumes sold under the contract have been growing at an average of just below 30 percent a year since it came into effect in January ...
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News briefs
Sequential Brands has agreed to buy from Camuto Group a...
Sequential Brands has agreed to buy from Camuto Group a majority stake in Jessica Simpson's brand. Last year, the brand's sales reached $1 billion. Simpson now designs products in more than 30 categories. Sequential has acquired the master license to the line, but Camuto will continue to produce the collection's ...
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News briefs
CTC, the French-based quality certification agency for leather and leather...
CTC, the French-based quality certification agency for leather and leather products, has opened a new office and laboratory in Dhaka, the capital of Bangladesh. It will be run by Puneet Singh, who has already managed CTC India. The agency already has 11 other offices in China, India, Vietnam, Cambodia and ...
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News briefs
Antonio Dus has resigned as chief executive of Vibram, after...
Antonio Dus has resigned as chief executive of Vibram, after three years of collaboration, expressing gratitude for the “human and professional experience” gained at the company. Marco Bramani, president of Vibram and grandson of its founder Vitale Bramani, will act as interim CEO. Dus will provide his support for the ...
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News briefs
Aerosoles is being managed in Sweden by a new agent,...
Aerosoles is being managed in Sweden by a new agent, Ericson & Saether. Expectations are high, as the brand is already well known. It was sold on the Swedish market during the 1990s and early 2000s, but has had no representation since then.
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News briefs
Stuart Weitzman has launched its first Instagram-based advertising campaign, targeting...
Stuart Weitzman has launched its first Instagram-based advertising campaign, targeting women aged 22 to 40 in North America. The digital campaign features the Cinemagraphs, a hybrid of photography and motion. The Cinemagraphs animates a small part of a picture to appear like a video. When scrolling through Instagram, the client ...
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News briefs
Michel Perraudin, a former member of Adidas' executive board, is...
Michel Perraudin, a former member of Adidas' executive board, is going to run the supervisory board of Hugo Boss, replacing Hellmut Albrecht at the company's annual meeting on May 12. He and four other members of the board are leaving. Two of them have been representing Permira, the investment fund, ...
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News briefs
While selling Rockport, the Adidas Group is said to be...
While selling Rockport, the Adidas Group is said to be investing in Bucketfeet, a new and innovative American brand of canvas sneakers along with Gordon Segal, founder of Crate & Barrell, and others. Adidas, which is apparently making the investment through a fund called Hydra Ventures, declined to comment on ...
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News briefs
Vibram has revamped its store in Boston's Newbury Street, adding...
Vibram has revamped its store in Boston's Newbury Street, adding a “Sole Factor” space where customers can customize their shoes with a variety of Vibram soles. It also features a new gallery displaying more than 150 pairs of shoes developed with Vibram soles since the original “Carrarmato” sole introduced by ...
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News briefs
Richard Kottler, who stopped acting as chief executive of the...
Richard Kottler, who stopped acting as chief executive of the British Footwear Association in 2014 after six successful years at its helm, has launched a new investment venture, Tailwind, to help small fashion and footwear businesses to find new sources of external financing. The consultancy will develop a business plan ...
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Short stops
Jo Hooper has left LK Bennett, where she has acted...
Jo Hooper has left LK Bennett, where she has acted as product director for only four months, according to Drapers
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News briefs
Amazon has reportedly acquired Shoefitr, a company that has performed...
Amazon has reportedly acquired Shoefitr, a company that has performed 3D scans on hundreds of thousands of shoes by more than 1,000 brands to help customers to pick the right size for their feet. Based in Pittsburgh, the company was formed by a group of college athletes in 2010. Its ...
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News briefs
Kurt Geiger is apparently looking for a new investor. According...
Kurt Geiger is apparently looking for a new investor. According to Sky News, the new controlling shareholder of the British company, Sycamore Partners, has engaged Goldman Sachs to look at strategic alternatives, seeking a valuation of around £300 million (€410.9m-$446.1m). Sycamore bought Kurt Geiger early last year as part of ...
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Article
Spanish shoes win market shares abroad
Beating the other major European exporting countries, Spain recorded increases in its shoe exports of 17 percent in value and 14 percent in volume in 2014, reaching a record of €2,640.5 million. Exports of leather shoes went up by 17 percent in volume and by 19 percent in value, representing ...
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Article
New leadership at AAFA
Juanita D. Duggan will be the new chief executive of the American Apparel and Footwear Association (AAFA) from July 1, succeeding Kevin Burke who led it for 12 years. AAFA describes her as an experienced trade association executive and lobbyist who brings also more than 25 years of experience on ...
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Short stops
With 842 buyers, the Shoe Time fair near Leipzig reported...
With 842 buyers, the Shoe Time fair near Leipzig reported stable attendance on March 20-22
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Article
Gucci drops by 8% in the quarter
The stock market quotation of Kering fell by 4 percent after the French group reported a sales increase of only 0.6 percent on a comparable basis for the first quarter, with a drop of 2.6 percent in its Luxury division, which is led by Gucci, and an encouraging recovery of ...
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Article
Hermès grows by 8%
Gaining further market share against its competitors in the luxury goods market, Hermès reported a currency-neutral sales increase of 8.0 percent in the first quarter, including a 10 percent jump in its own stores. In reported terms, the company's consolidated sales went up by 18.9 percent to €1,122.2 million.On a ...
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Short stops
German shoe retailers suffered a sales decline of 7% in...
German shoe retailers suffered a sales decline of 7% in February as compared to the same month of 2014, when they had risen by 17%
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News briefs
More than 500 employees of Converse have moved to the...
More than 500 employees of Converse have moved to the company's new state-of-the-art head office in downtown Boston from its former suburban premises. It occupies more than 186,000 square feet in a renovated building on the waterfront.
