All Shoe Intelligence articles in Volume 18, Issue 22-23 – Page 3
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News briefs
Mr Hare has ceased trading. The luxury men's footwear brand...
Mr Hare has ceased trading. The luxury men's footwear brand has closed both its London stores at 8 Stafford Street in Mayfair and 22 Powis Terrace in Notting Hill as well as the firm's website. A cryptic message on the business' website reads “Mr Hare has gone sailing,” followed by ...
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News briefs
Salvatore Ferragamo, the Italian luxury brand, confirmed in November that...
Salvatore Ferragamo, the Italian luxury brand, confirmed in November that it was appointing three designers at the top of its creative team, marking a major reorganization of the brand under its new chief executive, Eraldo Poletto. Fulvio Rigoni and Guillaume Meilland will respectively become design directors for women's and men's ...
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Article
Birkenstock diversifies
Birkenstock aims to enter new product segments. Birkenstock will present a line of high-quality sleeping systems, including mattresses and slatted frames at the International Furniture Fair in Cologne on Jan. 6-21, developed in partnership with a specialist in this sector, ADA, and manufactured in Austria. They will be delivered to ...
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News briefs
Georges Biotteau, whose family owns the Eram group, has died....
Georges Biotteau, whose family owns the Eram group, has died. Eram was founded by his father François in 1846. The company became the largest shoe manufacturer in France during the 1960s. It is now one of the two major French shoe retailers. Run by his son Xavier, it has 12 ...
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Article
Better margins for Yue Yuen on flat sales
The world's largest shoe manufacturer reported a meager 0.3 percent increase in total revenues to $6.29 billion for the nine months to Sept. 30, with a drop of 10.6 percent in sales of casual and outdoor shoes offset by increases of 2.2 percent in athletic footwear and 5.9 percent in ...
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News briefs
Ecco has opened its second store in Berlin. The flagship...
Ecco has opened its second store in Berlin. The flagship store measures 120 square meters and is located in the central Friedrichstrasse. It has a special area for children's shoes. The store is based on the premium concept that the brand has also adopted for its flagship store in Hamburg. ...
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News briefs
Implus Corp. and Berkshire Partners, a Boston-based private equity firm,...
Implus Corp. and Berkshire Partners, a Boston-based private equity firm, have appointed Sally McCoy and Chris L. Shimojima as members of Implus' board of directors. Implus, headquartered in Durham, North Carolina, is a provider of athletic, fitness and outdoor accessories brands including Perfect Fitness, Harbinger, TriggerPoint, Yaktrax, FuelBelt, Sof Sole, ...
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Short stops
Tracy Stone has left LK Bennett, where she spent the...
Tracy Stone has left LK Bennett, where she spent the last two years as commercial director, in charge of the U.K. and the rest of Europe
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Article
Shoe Carnival's profits fall below expectations
The American shoe retailer posted results for the quarter ended Oct. 31 that came short of Wall Street's expectations, with sales inching up by just 1.8 percent over the year-ago quarter to $274.5 million, while comparable-store sales decreased by 0.4 percent. The main reason for the lower turnover was a ...
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News briefs
A new Italy-China Fashion and Creative Council has been established...
A new Italy-China Fashion and Creative Council has been established to promote the relations between the two countries in the fashion and design sectors. The first committee was launched on the occasion of Expo Milano last year. The project is backed by the Italian Ministry of Economic Development, the Italian ...
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News briefs
China will overtake the U.S. to become the world's biggest...
China will overtake the U.S. to become the world's biggest retail market in 2016, with estimated total sales of $4.886 trillion, compared with $4.823 trillion for the U.S., according to Emarketer. The New York-based research firm added that China will remain the world's largest retail e-commerce market, with sales forecast ...
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Article
Genesco beats profit forecasts
The net earnings reported by Genesco for the third quarter ended Oct. 29 topped analysts' estimates, reaching $25.9 million - or $1.30 per share - while Wall Street was expecting earnings of 91 cents per share. The better-than-expected results sent the group's share price up by almost 5.0 percent to ...
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News briefs
The Australian government has reportedly backed the construction of a...
The Australian government has reportedly backed the construction of a shoe factory in Lahore, Pakistan, that will exclusively employ women. The initiative, supported by Australia's Market Development Facility, aims to promote the participation of women in the workforce as well as support the Pakistan's burgeoning footwear sector. Currently only 25 ...
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Article
Stella focuses on “athleisure” to counter falling sales
Stella International saw revenues for the nine months ended Sept. 30 tumble by 12.7 percent over the year-ago period to $1,192.8 million. While its retail business in China began to recover in the third quarter, rising to the equivalent of $16.1 million, revenues from manufacturing declined by 18.3 percent to ...
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Article
Italian shoemakers ask for better credit conditions
Annarita Pilotti, president of Assocalzaturifici, got a relatively muted reception to her presentation of its eighth annual Shoe Report to members of the Italian Parliament earlier this month, where she provided new numbers to support her request for fiscal incentives and other measures intended to stop the decline in the ...
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Short stops
Armin Wild, a former sales manager for Lacoste Footwear, has...
Armin Wild, a former sales manager for Lacoste Footwear, has left SPM Shoetrade, the Dutch trading company, where he was taking care of sales in the German-speaking countries
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News briefs
Michael Tackenberg has been appointed as the new president of...
Michael Tackenberg has been appointed as the new president of PFI, the well-known footwear testing laboratory in Pirmasens, succeeding Ralph Rieker, who was president of the institute for the past 16 years. Maximilian Müller was elected as first vice president and Jörg van Elten as second vice president. Dr. Kerstin ...
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News briefs
Footasylum has appointed Matalan's former financial controller, Danielle Davis, as...
Footasylum has appointed Matalan's former financial controller, Danielle Davis, as its first chief financial officer. He will oversee the British retailer's financial strategy as it opens a further 10 stores in 2017
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News briefs
Ifema, the Spanish organizer of trade shows, has appointed a...
Ifema, the Spanish organizer of trade shows, has appointed a new commercial director for its stand-alone Momad Shoes fair in Madrid. Rocío Gámez, who has already spent two years with the company, will take the place of Félix Pérez Fajardo, who is moving to Ifema's automotive shows. Ifema expects to ...
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News briefs
The Court of Appeals in the U.K. has confirmed that...
The Court of Appeals in the U.K. has confirmed that the sale of grey market goods, also known as “parallel imports,” is now subject to criminal liability under the country's trademark laws. Parallel imports are authentic goods bought outside of a maker's intended chain of distribution and imported to compete ...
