All Shoe Intelligence articles in Volume 18, Issue 12-13
View all stories from this issue.
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Article
Shoe Zone suffers lower sales and profits
Shoe Zone saw pre-tax profit fall by 4.5 percent on an annualized basis to £1.9 million (€2.4m-$2.8m) in the six months ended April 2. Revenues dropped by 4.6 percent to £74.6 million (€95.2m-$108.6m). The budget footwear retailer attributed the decline in profit and revenues to the closure of loss-making stores, ...
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Article
Sugi starts licensing shoes
Sugi International, the big Chinese sourcing company run by Massimo Sinigaglia, started delivering last summer its first footwear collections developed under license with three big brands – Lamborghini, Lee Cooper and Lonsdale – and is about to launch another one with a brand whose name is being kept confidential.The new ...
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News briefs
Since last month, Stockholm has a new sneaker store. Solestory...
Since last month, Stockholm has a new sneaker store. Solestory is a modern shoe store that is inclined toward basketball and attempts to tell the story behind each model it sells. It is located in the middle of the city and is 150 square meters wide, plus a small stock ...
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Article
Italy’s shoe industry is not recovering
Footwear consumption continued to decline in Italy during the first three months of this year, falling by 1.3 percent in volume and by 3.7 percent in value during the first three months. At the same time, 39 Italian shoe companies closed their doors and the number of employees placed on ...
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Short stops
Gucci is launching a new, warmer and more relaxed look...
Gucci is launching a new, warmer and more relaxed look with its restyled flagship store at 34 Old Bond Street in London
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Article
The luxury goods market is growing slowly
The global personal luxury goods market posted a modest 1 percent growth in the first quarter of 2016. This trend is expected to continue throughout the year and confirms the trend that started in 2015, which marked the beginning of a new era of slower growth. The global personal luxury ...
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Short stops
A. Testoni has opened its first women-only store on Rome's...
A. Testoni has opened its first women-only store on Rome's Via del Babuino
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Article
French and Italian firms top the global luxury market
The world's 100 largest luxury goods firms generated revenues of $222 billion in the financial year 2014, 3.6 percent higher on an annualized basis. This compares to an 8.2 percent growth rate in 2013. The threshold sales level for belonging to the Top 100 in 2014 was $191 million. The ...
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Article
Spain exports less
After the considerable growth that they experienced in 2015, Spain's footwear exports declined in the first quarter of 2016 for the first time in four years. They went down by 0.5 percent in volume to 46.3 million, and at an even higher rate of 3 percent in value to €843 ...
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Article
Ecco reshuffles top positions
Ecco decided to initiate a gradual generational handover of responsibilities in the executive board at its supervisory board meeting and its annual meeting last month. After being in charge of the big Danish group for almost 12 years, Dieter Kasprzak is handing over its day-to-day management to Steen Borgholm, and ...
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Article
India stimulates technology and design
The leather sector is one of the 18 sectors selected by the Indian government for an international promotion program called “Make in India,” arguing that the country can be a more relevant alternative to China as a source of footwear production than some other emerging countries. With a growing middle ...
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Article
New management and record sales for Deckers
Deckers Brands announced that Dave Powers would succeed Angel Martinez as chief executive of the American group following Martinez' retirement, effective May 31, after a long career. Martinez was a co-founder of Keen. He acted as CEO of Rockport, chief marketing officer of Reebok and CEO of Keen before he ...
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News briefs
Expo Riva Schuh is organizing an interesting debate on the...
Expo Riva Schuh is organizing an interesting debate on the number and the timing of the design and development of shoe collections on June 11, the first day of its four-day trade show at Riva del Garda. The issue is very important for the organizers and the participants in a ...
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News briefs
CORRECTION: The GDS fair is scheduled to take place in...
CORRECTION: The GDS fair is scheduled to take place in Düsseldorf from July 26 to July 28. It will not occupy the same halls as before. Only about 600 brands have registered so far to show, more or less the same number as a year ago, but the organizers hope ...
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Article
New Humanic concept for Germany
Leder & Schuh, which booked another loss in the past financial year, is further reorganizing its operations in Austria and Germany, where it is now concentrating on the Humanic and Shoe4You banners. According to Schuhkurier, the new management of the Austrian retail group has indicated that all other retail formats ...
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Article
Ferragamo releases comprehensive sustainability report
Salvatore Ferragamo has announced the publication and certification of its 2015 Sustainability Report, which comes after the publication of a trial sustainability statement for 2014. In order to adopt a structured approach to sustainability issues, in 2014 the company set up the Green Team, a working group dedicated to designing ...
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News briefs
Pikolinos has launched a footwear and handbag collection inspired by...
Pikolinos has launched a footwear and handbag collection inspired by social responsibility. The products in the new Pikolinos Solidarity collection are the result of the collaboration of the Pikolinos team, which provides its resources and experience, with the young people of the Defora Foundation, who contribute their work and willingness ...
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News briefs
Hickies, the clever shoe lacing system, has enlisted its first...
Hickies, the clever shoe lacing system, has enlisted its first sponsored testimonial. He is Danny Willett, the English golf pro who won the Golf Masters in Augusta, Georgia, in April. The contract was signed just before his victory, so it was reasonably priced. It will include a signature series of ...
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News briefs
Stéphane Maquaire, the new chief executive of Vivarte, has created...
Stéphane Maquaire, the new chief executive of Vivarte, has created a new and simplified management structure that allows him to have direct relations with key managers of the group. The four divisions of the group – mass market footwear, mass market apparel, branded footwear and branded apparel – have been ...
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Article
Sabu records lower centralized settlements
Sabu Schuh & Marketing, one of the major German voluntary groups for independent shoe retailers, announced at its annual general meeting, held on June 4 in Trier, that its centralized settlements fell by 7.2 percent to €329.7 million in 2015. The decline was mostly due to weak orders during the ...
