All Shoe Intelligence articles in Volume 18, Issue 4-5 – Page 4
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News briefs
The U.S. Patent & Trademark Office has invalidated for the...
The U.S. Patent & Trademark Office has invalidated for the second time a design patent that Crocs has been using for its iconic clog, this time supporting a challenge made by U.S.A. Dawgs, a shoe company based in Las Vegas, which was importing similar strapped clogs from competitors. Often referred ...
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News briefs
Patrice Rock, the master shoemaker of Berluti, was among eight...
Patrice Rock, the master shoemaker of Berluti, was among eight craftsmen who received a special award as Chevalier des Lettres et des Arts (Knight of Literature and the Arts) from the French Minister of Culture, Audrey Azoulay, last month. She noted that he made 1,500 unique pieces during his 12 ...
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Article
Havaianas helps Alpargatas to book higher sales and profits
Alpargatas reported an 11.6 percent increase in net revenues from continuing operations to 1,131.7 million reais (€276.9m-$307.6m) for the fourth quarter ended Dec. 31. Topper and Rainha, two loss-making sports brands being sold by the group, are not included in the figures for Brazil, where the group's sales fell by ...
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News briefs
Aigle has appointed Marie-Laure Rigal-Raffard as its new global marketing...
Aigle has appointed Marie-Laure Rigal-Raffard as its new global marketing and communications director. She comes from Lacoste, which is controlled by Maus Frères like Aigle. She previously worked for two other fashion houses, Lanvin and Louis Vuitton.
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Article
Footwear aids Gucci turn the corner
Gucci seems to have finally come out of the doldrums. The big luxury brand owned by Kering recorded a 4.8 percent sales increase on a comparable basis in the fourth quarter of 2015, when the first apparel and footwear collections created under the leadership of the new artistic director of ...
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News briefs
LVMH will propose at its next Annual General Meeting (AGM)...
LVMH will propose at its next Annual General Meeting (AGM) on April 14 the appointment of Clara Gaymard and Natacha Valla to the board of directors. Gaymard has held several positions within the French Government, notably at the Ministry of the Economy and Finances, from 1986 to 2003. She later ...
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Article
DSW invests more in digital after profits plummet
DSW has announced a definitive agreement to acquire Ebuys, an off-price e-commerce footwear and accessories retailer with a presence in North America, Europe, Australia and Asia. The transaction is expected to close over the next 30 days.The initial purchase payment of $61 million is being funded using cash on hand. ...
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News briefs
Truworths, the South African fashion retailer that took over the...
Truworths, the South African fashion retailer that took over the British Office chain of shoe shops a few weeks ago, posted strong half-year figures on Feb.18, with a 21 percent rise in profit for the 26 weeks ending on Dec. 27, 2015. The company said this performance was driven by ...
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Short stops
Redipro, a Spanish distributor of action sports brands such as...
Redipro, a Spanish distributor of action sports brands such as Kryptonics and K2 skates, has launched a line of sneakers called KRF The New Urban Concept
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News briefs
Esprit has decided to consolidate its footwear and accessories division...
Esprit has decided to consolidate its footwear and accessories division to better harmonize them with its apparel collections. Beate Köhler, who worked for 30 years in the footwear department under Martin Krist, has been placed in charge of the new division on an interim basis, reporting to Holger Thiesse, vice ...
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News briefs
Xti, the Spanish footwear and accessories brand, is presenting a...
Xti, the Spanish footwear and accessories brand, is presenting a new campaign for spring/summer 2016 which features Alessandria Ambrosio, the Brazilian top model who is considered one of the most beautiful women in the world. Ambrosio is one of the testimonials of Victoria Secret. She makes her first appearance for ...
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News briefs
Hudson Bay Co. has decided to invest about one billion...
Hudson Bay Co. has decided to invest about one billion euros in the next five to seven years to renovate the German chain of Galeria Kaufhof department stores that it acquired in 2015, building it up as a premium destination for accessible luxury. One of the focuses of the investment ...
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News briefs
The American Apparel and Footwear Association (AAFA) has set up...
The American Apparel and Footwear Association (AAFA) has set up a new shoe-focused subcommittee. The new Footwear Action committee aims to “develop and implement information, policies, programs and initiatives focused on helping AAFA members who make, distribute and sell shoes,” according to the association's press release. More broadly, the committee's ...
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Short stops
Méduse, the 70-year-old line of transparent footwear line of Humeau-Beaupreau,...
Méduse, the 70-year-old line of transparent footwear line of Humeau-Beaupreau, has launched its e-boutique
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Article
Ecco grows by 7%
Ecco reported a 4 percent increase in pre-tax earnings to €183 million for 2015 on 7.4 percent higher net revenues of €1,256 million, implying a drop in the profit margin to a still strong level of 14.6 percent from the 2014 level of 15.1 percent. Net earnings rose marginally to ...
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Article
Shoe Carnival’s profits up 40% in the quarter
Shoe Carnival saw its net income for the quarter ended January 30, 2016 rise by 40.0 percent year-on-year to $4.2 million. The footwear retailer said its multi-channel sales strategy and reward programs were among the factors that helped it pull off a strong quarter. Sales increased by 2.7 percent to ...
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Short stops
The Italian shoemaker Caovilla reportedly posted sales of some €40...
The Italian shoemaker Caovilla reportedly posted sales of some €40 million in 2015, up by 35 percent from 2014, of which 90 percent were achieved outside Italy
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News briefs
Prada's revenues for the full year ended Jan. 31 fell...
Prada's revenues for the full year ended Jan. 31 fell slightly to €3,545 million euros from €3,552 million the previous year despite the group's efforts to bolster its retail network. Wholesale revenues dropped by €88 million to €444 million, as the group pursued efforts to prune the channel, and retail ...
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News briefs
Iconix Brand Group has obtained a loan of $300 million...
Iconix Brand Group has obtained a loan of $300 million from the Fortress Investment Group. While it will cost $9 million in annual interest expenses, the five-year loan sent the stock market capitalization by 17 percent for the financially distressed parent company of Umbro and many other brands. The news ...
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Article
Europe to represent 25% of Geox’ sourcing
By 2018, Geox plans to source at least 25 percent of its production in Europe, up sharply from only about 5 percent in 2013, largely because of the development of its new Serbian plant. In the meantime, China's share would drop to 10 percent from 40 percent five years earlier.Reconstructing ...
