All Shoe Intelligence articles in Volume 18, Issue 22-23
View all stories from this issue.
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News briefs
Tamaris is working with Wirecard to process payments and risk...
Tamaris is working with Wirecard to process payments and risk management for the online store of the brand in 16 European countries. Wirecard has been working for the Wortmann Group since 2012, taking care of Tamaris' German, Austrian and French online stores. The cooperation has now been expanded to 13 ...
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News briefs
Velasca, a Milan-based shoe maker and online retailer, has raised...
Velasca, a Milan-based shoe maker and online retailer, has raised a total of €720,000 in funding led by P101, a private equity firm also headquartered in Milan. As part of the deal, P101 provided a €370,000 equity ticket to the transaction, while a private investor and the company's co-founders provided ...
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News briefs
Shoepassion is merging with one of its suppliers of men's...
Shoepassion is merging with one of its suppliers of men's shoes, Heinrich Dinkelacker. Shoepassion will own 100 percent of the shares in Dinkelacker, but the latter's former owners – Norbert Lehmann, Wendelin Wiedeking and Anton Hunger – are becoming shareholders of Shoepassion. Wiedeking and Hunger, who previously worked for Porsche, ...
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News briefs
Stefan Vierhig, who has worked for the Wortmann group for...
Stefan Vierhig, who has worked for the Wortmann group for almost four decades, concentrating on export markets, has passed away after a long illness. He was 55 years old. He had been less active on the sales front in the past years because of his illness.
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Short stops
Hummel has teamed up with Overkill, the graffiti and shoe...
Hummel has teamed up with Overkill, the graffiti and shoe customization studio, for the development of a new edition of its Marathona sneakers from the 1980s
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Article
German shoe retailers have good visibility online
A study of 100 online retailers that sell shoes in Germany by Research Tools shows that they enjoy a 30 percent visibility ratio in the market. The brands' own web stores have a similar ratio of 28 percent. Generalist shoe retailers with physical stores show a relatively visibility ratio of ...
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Short stops
Kangaroos is running a TV spot on the German SuperRTL...
Kangaroos is running a TV spot on the German SuperRTL channel for its Spacelight model
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Article
More funding for Hickies
Hickies says it raised $10 million in the latest round of financing from Sforza Holdings and two other investors, taking the total funding for the development of its smart shoe lacing system up to $16 million. One of the top three global footwear brands, whose name was not revealed, made ...
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News briefs
Ets René Leriche, the French maker of Erel slippers that...
Ets René Leriche, the French maker of Erel slippers that became insolvent in July, has been sold to a new company, Erel Chaussures de France, formed through an alliance of four shareholders. The new owners, who took over the company in September, have retained the twenty employees. It will maintain ...
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Short stops
Wortmann has launched a new and more elegant logo for...
Wortmann has launched a new and more elegant logo for its Caprice line of shoes
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News briefs
Yoox Net-A-Porter (YNAP) is launching in the Middle East. The...
Yoox Net-A-Porter (YNAP) is launching in the Middle East. The e-tailer has signed a joint venture agreement with Mohamed Alabbar to create an online luxury retail business in the region. YNAP will hold a 60 percent stake in the joint venture while Symphony Investments, which is controlled by Alabbar, will ...
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News briefs
Dune Group's shift from a “pull” model for its international...
Dune Group's shift from a “pull” model for its international sales and merchandising activities to a “push” model led to a 1.7 percent drop in operating profit to £6.6 million (€7.8m-$8.4m) for the financial year ended last January, according to Drapers. The magazine quoted Dune's executive chairman, Daniel Rubin, as ...
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News briefs
Dr. Martens has opened a new factory outlet store in...
Dr. Martens has opened a new factory outlet store in Wembley's London Designer Outlet, which also hosts the outlet stores of Guess, Kurt Geiger, Superdry, Levi's Replay and Wrangler.
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News briefs
The victory of Donald Trump in the presidential elections is...
The victory of Donald Trump in the presidential elections is not helping the footwear line of his daughter Ivanka Trunk, which is marketed by Mark Fisher. Shoes.com, the North American online shoe retailer, pulled the line out of its website after a Californian marketing specialist, Shannon Coulter, launched a boycott ...
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Article
Kingmaker doesn’t like Trump
The publicly quoted Chinese shoemaker didn't say this directly while disclosing its results for the first half of its financial year, ended Sept. 30, but it warned investors that failure to approve the Trans-Pacific Partnership (TPP) would have a significant impact on its sales, which have already gone down for ...
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Article
Hunter diversifies with a rainy message
Hunter Boot, the British brand of wellington boots, has launched Core Concept, a new seasonless collection of water-repellent garments and accessories, including rubber coats, vinyl ponchos and backpacks with the vivid colors used also in some of the brand's newest rainboots.The launch is backed by a global campaign titled #RainStartsPlay, ...
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Short stops
Hunter has a pop-up shop in the Oberpollinger department store...
Hunter has a pop-up shop in the Oberpollinger department store in Munich since Nov. 28, and it will stay open until the end of January
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Article
DSW reverses decline in profitability
DSW's adjusted net income went up by 16.0 percent to $41.7 million in the quarter to Oct. 31, as higher margins helped offset a slight decline in same-store sales. This marks the company's return to year-on-year earnings growth, after four consecutive quarters of declines.The U.S. footwear retailer said that tighter ...
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News briefs
Prada has released a short film entitled “Past Forward,” created...
Prada has released a short film entitled “Past Forward,” created for the fashion house by David O. Russell. A clip of the film had first been shown in September during Prada's womenswear show at Milan Fashion Week. The full black-and-white film was released worldwide on Nov. 17. The film features ...
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Article
Vulcabras’ divorce from Reebok pays off for the couple
Vulcabras Azaleia, the Brazilian parent of Azaleia and Olympikus that held the distribution rights for Reebok until the end of last year, has reported a net profit of 19.7 million reais (€5.36m-$5.71m) for the third quarter ended Sept. 30, compared with only R$2 million in the year-ago period.Sales increased by ...