All Shoe Intelligence articles in Volume 18, Issue 18-19 – Page 5
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News briefs
Karl Faurholt, the 19-year-old Danish artist who is behind a...
Karl Faurholt, the 19-year-old Danish artist who is behind a custom sneaker sensation, KarlsKicks, has decided to open a physical store in the center of Copenhagen. In the past year Faurholt earned 700,000 Danish kroner (€94,063.0-$105,486.1) from painting and renovating people's sneakers with the goal of making every single pair of ...
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News briefs
Hunter Boot has seen its revenues climb by 19 percent...
Hunter Boot has seen its revenues climb by 19 percent to £113.7 million (€130.0m-$145.1m) in the full year to Dec. 31, 2015, with sales in North America up by 33 percent on the previous year. The positive performance was also driven by the success of the brand segmentation strategy and investment ...
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News briefs
Wolverine Worldwide completed a debt refinancing program on Sept. 15,...
Wolverine Worldwide completed a debt refinancing program on Sept. 15, allowing the company to save about $30 million worth of interest payments through 2020 and giving it more flexibility in the use of cash. It will also make it easier to repurchase company shares under a recently announced $300 million ...
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News briefs
Wolverine Worldwide will invest $1 or $2 million to expand...
Wolverine Worldwide will invest $1 or $2 million to expand its manufacturing plant in Grand Rapids, Michigan, adding 16,000 square feet of space and about two dozen new jobs by early next year. It will the first expansion in 70 years for the facility, which makes mainly shoes and boots ...
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News briefs
The Italian tanning industry declined by 4.1 percent in value...
The Italian tanning industry declined by 4.1 percent in value and by 4.6 percent in volume in the first half of the year. The negative performance was caused by a drop in both the domestic and export market, down in value by 2.1 percent and 4.9 percent, respectively. Italy's tanning ...
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News briefs
The Skechers Foundation has set a $1.5 million fundraising goal...
The Skechers Foundation has set a $1.5 million fundraising goal for its 2016 “Pier to Pier Friendship Walk” to collect money to improve education technology, classroom environment and students' special needs. Various celebrities are expected to participate in the annual event, scheduled for Oct. 23 in Manhattan Beach, California, where ...
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News briefs
More than 20,000 consumers attended the first edition of Bread...
More than 20,000 consumers attended the first edition of Bread & Butter by Zalando, the new fashion festival in the Berlin Arena, on Sept. 2-4. The participating companies told compelling stories about their 30 brands to the public through more than just products. Fashion shows, music concerts and food and ...
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