All Shoe Intelligence articles in Volume 18, Issue 16-17 – Page 2
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Article
Wolverine falls less than expected
Wolverine Worldwide reported a 5 percent drop in its net income to $24.0 million for its second quarter, ended June 18, as its sales fell for the fourth quarter in a row, down by 7.4 percent to $583.7 million in dollars and by 5.2 percent on an underlying, currency-neutral basis. ...
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Article
Steve Madden forms European joint venture
Steve Madden has confirmed the establishment of a new joint venture with SPM Shoe Trade to position the American brand for future growth in Europe. Madden was the biggest single client lately for SPM, a 25-year-old trading company based in the Netherlands with an annual turnover of around €60 million, ...
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News briefs
Step to Sustainability, the European Union's program to expand jobs...
Step to Sustainability, the European Union's program to expand jobs and training while developing environmentally sound and economically viable footwear industries in Europe, presented the findings of its “Green Shoes” project during the GDS show in Düsseldorf on July 28. Conference participants, including dozens of industry experts from several countries, ...
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Article
Will the EU sign an FTA with the U.S.?
Top government officials in Germany and France raised doubts for the first time this week that the European Union will be in a position to sign a free trade agreement (FTA) with the U.S. before the end of this year. As the U.S. is the biggest importer of footwear, representatives ...
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News briefs
Keen has hired John Eberle as general manager of its...
Keen has hired John Eberle as general manager of its outdoor, lifestyle and kids division, Keen's largest product category. He will oversee global business operations, management strategy and product and business development for the division, effective Aug. 9. Eberle spent 13 years at Nike in various roles. Most recently, he ...
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Article
Global shoe production sligthtly down
Shoe production fell by 0.4 percent to 23.0 billion pairs in 2015, according to the World Footwear Yearbook. It was the first decline since 2009, when it was affected by the financial crisis. The Yearbook is compiled annually by the Portuguese shoe industry association, Apiccaps, in partnership with the GDS.Much ...
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Article
Yoox posts a double-digit sales increase
Yoox Net-a-Porter Group (YNAP) posted revenues of €897 million in the first half to June 30, representing a 15.8 percent increase on a constant currency basis, driven by a strong performance from the off-season sites Yoox.com and The Outnet. The increase was of 13.4 percent when adjusted for current exchange ...
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Article
Deckers falls less than expected
Deckers Brands posted a lower-than-expected net loss of $58.9 million in the seasonally weak first quarter of its financial year, ended June 30, although it remained higher than the $47.3 million loss recorded in the year-ago period. The gross margin rose to 43.7 percent from 40.5 percent in the same ...
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Article
Crocs sells more but falls short of guidance
Crocs posted revenues for the second quarter that came up short of its own guidance for sales in the range of $340 million to $350 million. They dipped by 6.3 percent over the year-ago quarter to $323.8 million, or by 6.2 percent on a constant-currency basis.The company blamed the challenging ...
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News briefs
Stuart Weitzman is leaving as the creative director of his...
Stuart Weitzman is leaving as the creative director of his eponymous brand to become chairman of the company, which is now the property of Coach. His position is being taken over by Giovanni Morelli, who has been the leathergoods design director for Lowe since March of last year. He previously ...
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News briefs
A U.S. judge has dismissed part of a counterfeit goods...
A U.S. judge has dismissed part of a counterfeit goods lawsuit against Alibaba Group related to claims filed by some luxury brands. The lawsuit, which was filed list year by Gucci, Yves Saint Laurent, Balenciaga and other brands, alleged that the Chinese e-commerce company and 14 merchants on its platforms ...
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Short stops
India's Council of Leather Exports will hold a meeting at...
India's Council of Leather Exports will hold a meeting at Lineapelle in Milano on Sept. 21 to present the second edition of the Designers Fair, which will be held in Chennai next Feb. 1-3
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News briefs
Cotance, the organization that represents the tanning industry in its...
Cotance, the organization that represents the tanning industry in its relations with the European Commission, has elected Thomas Bee as its new chairman for the 2016-18 period. Representatives of Italy, Spain, France, Germany, the U.K., Portugal, Sweden, Rumania and Austria, which took part for the first time, participated in the ...
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News briefs
Vionic has hired Connie X. Rishwain, the former longtime president...
Vionic has hired Connie X. Rishwain, the former longtime president of Ugg at Deckers Outdoor Corp., as president of its global business, a newly-created role. Rishwain will be based at Vionic's headquarters in San Rafael, California. In her new role as president of global business, she will oversee Vionic's product, ...
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Article
Sabu records stable sales and expands own trade show concept
Sabu Schuh & Marketing, one of the major German voluntary groups for independent shoe retailers, announced that its centralized settlements declined by 0.6 percent to €181.7 million in the first half of 2016, as compared to the first half of last year. Affiliated retailers suffered an average decline of 1.6 ...
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News briefs
Messe Düsseldorf has decided to review once more the concept...
Messe Düsseldorf has decided to review once more the concept of the GDS fair, in cooperation with suppliers and retailers, after a strong decline in the number of exhibitors and visitors at its latest edition on July 26-28. The show attracted 740 brands and 12,500 daily visitors, down from 15,500 ...
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News briefs
LIR, the Italian holding company that controls Geox and Diadora,...
LIR, the Italian holding company that controls Geox and Diadora, posted net profit of €2.5 million in 2015, down from €4.1 million a year earlier, after Geox omitted paying a dividend. The holding company decided to retain the whole bottom line to reinforce its balance sheet. It now has net ...
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News briefs
Overland Shoes, the company run by Stephen Palmer, has signed...
Overland Shoes, the company run by Stephen Palmer, has signed a new multi-year licensing agreement for a line of Karl Lagerfeld men's and women's shoes, covering Europe, the Middle East and Africa and starting with the autumn/winter 2017/18 season. It will be presented to retailersin December. Made in Italy, the ...
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News briefs
The European Commission has expanded the EU Ecolabel scheme to...
The European Commission has expanded the EU Ecolabel scheme to include a series of new sectors including footwear, along with computers and furniture. The EU Ecolabel was established in 1992 to distinguish products and services with reduced environmental impact, as the label guarantees that all stages of production meet the ...
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News briefs
FN Platform is coming to New York. UBM Fashion Group,...
FN Platform is coming to New York. UBM Fashion Group, the organizer of Magic, Coterie, Project, Stitch and other industry events, says FN Platform's East Coast debut will take place next February at the Coterie NYC apparel and footwear trade fair in the Jacob K. Javits Convention Center. Launched in ...
