All Shoe Intelligence articles in Volume 18, Issue 6-7 – Page 2
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Article
While producing less in China, Yue Yuen posts higher profits
The world's largest shoe manufacturer said its gross margin increased last year by 1.3 percentage points to 23.4 percent as rising labor costs were more than offset by a drop in raw material costs and improved efficiencies. This helped Yue Yuen Industrial Holdings to report a 17.9 percent increase in ...
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Article
Nike’s self-lacing shoe has a sophisticated French challenger
As we have already reported in the European edition of Sporting Goods Intelligence, the publication that covers the athletic footwear sector, Nike unveiled a few days ago a futuristic automatic lacing system for its shoes.We pointed out that some other automatic lacing systems have already been invented. One was patented ...
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News briefs
Camper has renovated and redesigned its store in Munich, which...
Camper has renovated and redesigned its store in Munich, which measures 165 square meters. The studio of Marko Brajovic designed the renovated store. The Croatian architect developed the design for the brand's stores in São Paulo, Hong Kong and Melbourne. Every Camper store has a distinctive look and design, with ...
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News briefs
Deichmann is collaborating with Warner Bros. Consumer Products for the...
Deichmann is collaborating with Warner Bros. Consumer Products for the launch of shoes with images from the “Batman vs. Superman: Dawn of Justice” movie for children and teenagers. The movie premiered in Germany on March 26. Twelve different shoe models in various styles can be purchased for €24.90 and €29.90 ...
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Short stops
Matt Rubel, former chief executive of Collective Brands and Cole...
Matt Rubel, former chief executive of Collective Brands and Cole Haan, is now CEO of Varsity Brands, which recently acquired Lids Team Sports from Genesco
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News briefs
Vagabond, the Swedish shoe brand, opened its first franchised store...
Vagabond, the Swedish shoe brand, opened its first franchised store in Berlin on March 31. The brand manages over 35 mono-brand stores worldwide, most of them in Scandinavia and Eastern Europe. With three stores in Germany, Vagabond plans to open two or three more franchised mono-brand stores in Germany in ...
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News briefs
Schutz, the Brazilian brand of dressy women's shoes marketed by...
Schutz, the Brazilian brand of dressy women's shoes marketed by Arezzo, is opening a store in the Beverly Hills district of Los Angeles. Alexandre Birman, the company's chief executive, reportedly said the move follows the success of the Schutz store in New York City and strong demand for the brand ...
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News briefs
In February, Yendis Engelbertz joined Bosum Trading as sales manager...
In February, Yendis Engelbertz joined Bosum Trading as sales manager for O'Neill, Maruti, Australian and Pajar Canada in Germany, Austria and Switzerland. Together with Rene Harnischmacher, brand manager at Bosum Trading, she is also handling sales of Keds, Sperry and Wolverine. Engelbertz and Harnischmacher report directly to Pierre Lefebvre, chief ...
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Article
Ferragamo boosts profits
Salvatore Ferragamo further improved its profitability in 2015 in spite of a loss from foreign exchange hedging, which knocked €51 million off its top line. The group's hedging position is expected to continue impacting results negatively by €6-7 million in the first quarter of 2016 but should end up close ...
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Article
NeroGiardini boosts its European sales network
BAG, the Italian footwear company that owns the NeroGiardini brand, says it increased its sales last year by 2.5 percent to €209 million, but the company is building up a European distribution network in order to fulfill a long-standing plan to double its turnover. It now wants to accomplish this ...
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News briefs
Bonvita, the Danish-based distributor of many brands of Wolverine Worldwide,...
Bonvita, the Danish-based distributor of many brands of Wolverine Worldwide, has completed its merger with Nordic Footwear Company, another Danish firm that took over the former trading division of Sanita Footwear in 2012. The new company that has come out of the merger, called Bonvita Footwear Company, will sell about ...
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News briefs
Manolo Blahnik's products can now be purchased online thanks to...
Manolo Blahnik's products can now be purchased online thanks to a new collaboration between the Spanish fashion designer and Farfetch, the online global community of more than 400 independent fashion boutiques located around the world. The platform offers the designer's shoes as well as his bags and books. It is ...
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Article
The Hickies’ lacing solution makes big strides
There have been ways to do without laces in sports shoes. Puma, which launched its revolutionary Disc technology 25 years ago, is resurrecting it now with a sleeker and lighter model of running shoes, using a more flexible steel cable to better adapt to the foot.Lotto Sport Italia has been ...
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Article
Vivobarefoot beats equity crowdfunding target
As of April 6, Vivobarefoot, the brand of minimalist shoes with patented ultra-thin soles controlled by Galahad Clark, had secured over £1.2 million (€1.5m-$1.7m) from 1,121 investors with just one day remaining to invest, far exceeding its previously set goal of £750,000 (€625,678-$711,383). The largest single investment so far stands ...
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News briefs
VF Corp. has named Scott H. Baxter as president of...
VF Corp. has named Scott H. Baxter as president of its outdoor and action sports group in the Americas, which includes Eagle Creek, Eastpak, JanSport, Kipling, Lucy, Napapijri, Reef, SmartWool, The North Face, Timberland and Vans. Baxter previously held the same role at VF's Jeanswear Americas. The new role is ...
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News briefs
Bally has opened its largest mono-brand store in the world...
Bally has opened its largest mono-brand store in the world in Tokyo. The store, on two floors, is located inside the Tokyo Plaza at Ginza and has a surface of 845 square meters. It was designed by David Chipperfield, the British architect who has already designed Bally's recently-opened stores in ...
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News briefs
Local authorities in Tuscany are reportedly seeking a buyer for...
Local authorities in Tuscany are reportedly seeking a buyer for the Balducci brand of children's shoes. The once-famous Italian producer stopped operations last month, after trying to refinance itself, leading to the loss of jobs for about 40 workers. The company's factory in Tunisia will also be shut down.
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News briefs
Högl, the Austrian shoe brand that belongs to the Lorenz...
Högl, the Austrian shoe brand that belongs to the Lorenz Shoe Group, has expanded its executive board by appointing Harald Winzer as sales and retail director. Gerhard Bachmeier, managing partner at Högl, remains responsible for the development of the brand and the brand and product line division. Winzer worked previously ...
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News briefs
The weakening value of the euro, the terrorist attacks in...
The weakening value of the euro, the terrorist attacks in Paris and the slowdown of the Chinese economy did not prevent Hermès International from posting a 19 percent increase in operating earnings for 2015, raising the operating margin to 31.8 percent from 31.5 percent in 2014. Net earnings rose by ...
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Short stops
The China Leather Industry Association (CLIA) reports that China's exports...
The China Leather Industry Association (CLIA) reports that China's exports of footwear declined by 17.3% in the first two months of this year
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