All Shoe Intelligence articles in Volume 18, Issue 20-21
View all stories from this issue.
-
Article
Trump’s victory pleases some shoemakers
Gimmi Baldinini, head of the eponymous Italian shoe firm, told journalists earlier this week that he had opened a bottle of champagne after Donald Trump's unexpected victory in the U.S. presidential elections.Like many other shoe manufacturers in the Marche region of Italy, Baldinini depends a lot on exports to Russia, ...
-
News briefs
Retail News reports that Solebox should open a store in...
Retail News reports that Solebox should open a store in Amsterdam before the end of the year, bringing the striking German sneaker retail concept into the Netherlands. As detailed in the Dutch trade publication, Solebox currently trades with two stores in Berlin and one in Munich. An original Solebox feature ...
-
Article
Madden raises margins on lower sales
Steve Madden said revenues for the three months to Sept. 30 dropped by 1.2 percent over the same quarter of last year, down to $408.4 million, in spite of strong growth for its core women's business and the Dolce Vita division. The management blamed a challenging retail environment that caused ...
-
Article
Rocky sees inventories normalizing
Rocky Brands reported sales of $73.2 million for the third quarter, which represent a 4.6 percent increase versus the comparable period last year. The company said that inventory levels, which had grown due to last year's warm winter, began to normalize in the third quarter, with orders finally picking up. ...
-
Article
Wolverine loses sales but improves margins
Wolverine Worldwide's total revenues declined by 11.1 percent to $603.7 million in the quarter ended Sept. 12 as compared to a year ago. They fell by 8.6 percent on an underlying basis, i.e. excluding currency changes, the closure of single-brand stores – mostly under the Stride Rite children's brand - ...
-
Article
Weak U.S. wholesale market impacts VF
The weakness of the North American wholesale market affected sales at VF Corporation, the owner of the outdoor brand along with Vans, Timberland, The North Face and several other brands, leading to a small downgrade in the group's sales guidance for the full year.VF pointed to unstable market conditions in ...
-
News briefs
Hi-Tec is launching an innovative shoe that indicates to the...
Hi-Tec is launching an innovative shoe that indicates to the wearer where to turn left or right. The new Hi-Tec Navigator features a vibrating insole with haptic technology which communicates via a smartphone navigation app through Bluetooth. After entering a destination in the smartphone via this app, the shoe guides ...
-
Article
The German trade show race goes on
Two relatively big players in the German shoe market, Gabor and the Astormüller Group, which markets the Bugatti and Daniel Hechter lines of footwear, have announced that they will not participate in the Feb. 7-9, 2017, edition of the GDS shoe show in Düsseldorf. Gabor, which has been investing in ...
-
News briefs
Sioux reached an out-of-court settlement with the German Olympic Sports...
Sioux reached an out-of-court settlement with the German Olympic Sports Association, DOSB, and German Sport Marketing (DSM) resolving the dispute about the termination of the sponsorship agreement between DSM and Sioux. The sponsorship contract with DSM was supposed to run to Dec. 1. Sioux dismissed the claim made by the ...
-
News briefs
Several reports published in the last few weeks suggested that...
Several reports published in the last few weeks suggested that the European Union was going to impose new anti-dumping duties of 16.5 percent on certain non-athletic leather shoes from a number of suppliers in China and Vietnam. Following consultations with the Confederation of the European Footwear Industry (CEC) and other ...
-
Short stops
Fice, the Spanish shoe industry federation, organized a seminar at...
Fice, the Spanish shoe industry federation, organized a seminar at Arnedo on Nov. 9 to guide members in their exports to the U.S.
-
News briefs
Expo Riva Schuh, the increasingly international trade show, will host...
Expo Riva Schuh, the increasingly international trade show, will host companies from more than 40 countries at its next edition on Jan. 14-17, targeting both the large chains and independent retailers with a wide product range. The fair has updated its image with a new campaign that focuses on shoes ...
-
News briefs
Dr. Martens will shortly open its second store in Paris,...
Dr. Martens will shortly open its second store in Paris, based on a new industrial design concept. The English brand has opened a new store in its home country, in Hull. It will also add two stores in the Benelux countries, where it already has four. They will be located ...
-
Short stops
Dr. Martens will run a pop-up shop in Madrid,...
Dr. Martens will run a pop-up shop in Madrid, at 10 Pedro Zerolo, from Nov. 18 tunil Feb. 18
-
Article
The personal luxury goods market inches down
In 2016, the global market for personal luxury goods – which includes apparel, shoes and other accessories, jewelry, watches and cosmetics - will close at €249 billion, down by one percent at constant exchange rates as compared to 2015. China has re-emerged after three years of stagnation, but the decline ...
-
News briefs
The next edition of Momad Shoes, the new dedicated shoe...
The next edition of Momad Shoes, the new dedicated shoe show in Madrid, will not take place at the same time as Momad Metropolis, the fashion fair on the same fairgrounds, in order to better fit into the international calendar of trade shows. While Momad Metropolis will move forward its ...
-
News briefs
The founders of Footasylum and JD Sports, David Makin and...
The founders of Footasylum and JD Sports, David Makin and John Wardle, have launched 7Liverpool, a new store and concept in the English city of Liverpool. The new 1,090-square-foot store is located at Liverpool ONE, a large shopping, leisure and residential complex. The store specializes in men's designer footwear, including ...
-
Article
Crocs’ gross margin improves on weaker sales
Crocs posted revenues for the third quarter that were at the low end of the range it had predicted, going down by 10.3 percent over the year-ago quarter to $245.9 million, or by 11.6 percent on a constant-currency basis.However, the gross margin topped expectations, exceeding the guidance by approximately 2.0 ...
-
News briefs
Sabu, the German shoe retailers' cooperative, has launched the programming...
Sabu, the German shoe retailers' cooperative, has launched the programming stage of a “drive to retail” online platform where members can show their products and services, localizing the potential customer and offering a “click & reserve” function. After a terrible month of September, due to the weather, Sabu's management is ...
-
Article
Tod’s sales continue to be weak
Tod's saw a decline in third-quarter sales, with the downward trend accelerating in terms of comparable store sales, as the group continued to struggle with a slowdown in tourist flows and weak consumer spending.In the first nine month of the year, the Tod's group posted sales of €757.7 million, down ...
