All Shoe Intelligence articles in Volume 18, Issue 2-3
View all stories from this issue.
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News briefs
Vagabond plans to open two or three mono-brand stores in...
Vagabond plans to open two or three mono-brand stores in Germany in 2016. The brand already has its own stores in Berlin and Cologne. The plan is to operate a total of 5-7 stores in the German market, where sales grew by 15 percent last year as compared to 2014.
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News briefs
Scanblue has launched a new program for retailers and manufacturers,...
Scanblue has launched a new program for retailers and manufacturers, called YouSize3D, offering the possibility to virtually try on shoes by using augmented reality. The program was shown in a special high-tech section of the GDS fair along with an overview of future technology trends coordinated by Slem, the Dutch ...
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Hermès predicts slower growth
Hermès International reported a strong sales increase of 17.5 percent to €4.84 billion in 2015. In local currencies, the company's growth was limited to 8.1 percent for the year, performing better than the overall luxury goods industry. However, the company's organic growth slowed down to 7.2 percent in the fourth ...
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The luxury goods sector is under pressure
The big slowdown in the Chinese economy and that of the other major emerging countries, with the exception of India, has probably caused the luxury goods sector to record an overall sales increase of only one to two percent in 2015, according to Bain & Co.While sales of watches declined ...
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Good growth for Zalando
Zalando finished the last year strongly, booking a 30 percent sales increase to between €865 and €872 million, according to preliminary figures in the fourth quarter of the year, lifted by lifestyle products. Adjusted operating earnings (Ebit) reached a level of between €61 and €78 million for the period, or ...
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Macintosh shrinks further
The Dutch-based Macintosh Retail Group, which became insolvent in December, has sold its Brantano chain of family shoe stores in Belgium and Luxembourg as well as 20 Dolcis shoe shops, 35 Manfield stores and its lower-priced Scapino shoe retail chain in the Netherlands. Meanwhile, the less profitable Brantano chain in ...
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News briefs
Friedrich Schüttfort, a highly respected German shoe retailer who served...
Friedrich Schüttfort, a highly respected German shoe retailer who served as chairman of the former Nord-West-Ring buying group, passed away on Jan. 16 at the age of 90. He joined the board of NRW in 1997 and led it from 1982 to 1989. In 1979, he participated in the foundation ...
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Mixed figures from the German market
The German footwear industry recorded a 0.9 percent increase in total sales to €2.4 billion in the first eleven months of 2015, as compared to the same period of the previous year, said HDS/L, the German shoe and leathergoods industry's association, at this week's GDS fair in Düsseldorf. While its ...
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Softening growth for LVMH’s fashion segment
The growth of the Fashion & Leathergoods segment of LVMH softened to 11 percent in euros and 3 percent in local currencies during the second half of 2015. In the full financial and calendar year, its sales went up by 14 percent to €12.37 billion. On an organic basis, excluding ...
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News briefs
The Pitti Uomo fair in Florence, which serves as an...
The Pitti Uomo fair in Florence, which serves as an early showcase for men's wear as well as footwear, recorded a further increase in the number of visitors at its 89th edition last month. They were about 23,000, or 5 percent more than in January 2015. One-third of them came ...
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News briefs
Expo Riva Schuh was in a lively mood last month....
Expo Riva Schuh was in a lively mood last month. At 13,104, the total number of visitors was 4.4 percent higher than a year earlier, and many of them were first-comers. The business climate was positive. Several visitors praised the rising quality level of the collections. A total of 1,408 ...
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Lloyd expands internationally
Lloyd Shoes signed an exclusive distribution contract for ten years with Kingwood in China two weeks ago. Kingwood, which is also the exclusive Chinese distributor for Gabor, Sioux and Zilli, a French luxury brand, will also be taking care of sales in Hong Kong and Macau for the German shoe ...
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Toms Shoes on a growth path in Europe
Toms Shoes, a brand that has won strong recognition among consumers worldwide because of its One-for-One policy of giving an extra pair of shoes or eyeglasses to people in need for each one that is bought, achieved an increase of its total sales by 35-40 percent in Europe last year, ...
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Skechers is driven by international sales
Sales grew by 27 percent to $722.7 million in the fourth quarter of 2015 for Skechers USA, leading to a 34.3 percent increase in net earnings to $29.5 million for the period. However, the company indicated that it had an increase of only about 8 percent in its wholesale revenues ...
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Vivarte sheds its shoe factory, which goes upmarket and digital
After announcing the shutdown of almost 300 loss-making shoe and fashion stores, the French parent company of André, Minelli and many other retail chains said it is looking for new investors to acquire its shoe manufacturing subsidiary, Compagnie Vosgienne de la Chaussure (CVC). The operation, which represents only about one ...
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News briefs
A couple of days prior to this week's edition in...
A couple of days prior to this week's edition in Düsseldorf, the GDS trade show introduced a digital marketplace for brands exhibiting at the fair. The “GDS 365” website is being launched in cooperation with a Berlin-based B2B platform for shoes and accessories, We Want Shoes, which offers an interactive platform ...
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News briefs
Peter Kaiser is offering end consumers the possibility to design...
Peter Kaiser is offering end consumers the possibility to design their own shoes, using a recently introduced “shoe configurator.” In cooperation with a start-up in Berlin, Peter Kaiser developed a 3D-software that allows consumers to choose between four Peter Kaiser shoe models and design their own personal shoe models by ...
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News briefs
Waldläufer, which is coming out with a new nature-oriented logo,...
Waldläufer, which is coming out with a new nature-oriented logo, reported a sales decrease of 3 percent to €85 million in 2015, as compared to the previous year. The decline was mostly due to the brand's nearly total absence from the Russian market, which previously accounted for 2 percent of ...
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Stella closes its Dongguan plant
Stella International Holdings is closing its large factory in Dongguan, which employs some 10,000 workers, at the end of this month, due to rising labor costs. The plant has been making mainly women's shoes for brands like Prada, Rockport and Nike. The Chinese producer will move most of the production ...
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Clarks streamlines operations
Clarks says it is in discussions for the elimination of 170 job at its operations across the world. The company has reportedly already laid off about 50 members of the staff at its head office and warehouse in Somerset. It will provide them with a full package of support, including ...
