All Shoe Intelligence articles in Volume 18, Issue 8-9
View all stories from this issue.
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News briefs
Sperry is launching a limited-series line of shoes inspired by...
Sperry is launching a limited-series line of shoes inspired by Jaws, the famous 1975 movie directed by Steven Spielberg. Retailing for $70 to $80 a pair, they will become available in the U.S. on Sperry.com and in Journeys stores from May 5. A more broad-based launch in the U.S. and ...
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Article
Groupe Royer reaches a high point
Groupe Royer, one of the largest brand owners and distributors in the French shoe sector, reveals that it has taken on the license for Hush Puppies for France and Switzerland from a subsidiary of Wolverine Worldwide, starting with the spring/summer 2015 season. It has committed itself to raising the number ...
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Article
The luxury goods industry is touching a low point
The recent slowdown in the growth of the Chinese economy has been affecting purchases of luxury products by Chinese shoppers in the mainland and abroad. The economic recession in Russia and Brazil has led to a decline in foreign shopping by their residents. The recent terrorist attacks in France and ...
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Short stops
The Paris fashion house of Maison Kitsuné is launching this...
The Paris fashion house of Maison Kitsuné is launching this summer a line of four shoes for men and women, made in Portugal with Italian leather
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Article
French shoe exports rise strongly
The French shoe market declined for the fourth year in a row last year. It fell by 0.5 percent to an estimated level of €8.8 billion after decreases of 0.8 percent in 2012, 1.4 percent in 2013 and 1.9 percent in 2014. The second and third quarters of 2015 were ...
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Article
Prada stops store expansion, reviews strategy
The Prada Group once again released disappointing results for fourth quarter, raising questions about the group's strategy in a changing marketplace. The company has been criticized for having a narrow product range and being late in developing e-commerce. It also engaged in an aggressive retail expansion when some of its ...
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News briefs
Foowear Friends is experiencing an increasing number of entries from...
Footwear Friends is experiencing an increasing number of entries from young designers and entrepreneurs for its annual Footwear Friends Awards. The 9th edition of the awards will be held in London on Oct. 19. It will be sponsored by the Worshipful Company of Cordwainers, Micro-Pak, Philip Meltzer, the BFA/FN Platform ...
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Article
Gucci’s growth slows down, too
Like other luxury goods brands, Gucci's recently resumed growth slowed down to a rise of 3.1 percent on a comparable basis in the first quarter of this year. It was lower than the 5-6 percent range forecast by financial analysts and from the 4.8 percent sales increase scored in the ...
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News briefs
Megasport is taking on the distribution of two of Wolverine...
Megasport is taking on the distribution of two of Wolverine Worldwide's brands, Sperry and Keds, in Spain and Andorra. The Spanish company is already selling the shoes of Fitflop and Hub. Fitflop named Megasport as its best distributor last year
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Article
Sabu goes more digital
Sabu Shoe & Marketing, one of the major German voluntary groups for independent shoe retailers, have completed the acquisition of a 15 percent stake in the so-called European Clearing Center (ECC), a data clearing house for footwear products sold in the German-speaking countries.Sabu has acquired the stake from the founder ...
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News briefs
Prada and Tod's have decided to present their financial results...
Prada and Tod's have decided to present their financial results on a semi-annual basis rather than on quarterly basis. Prada explained that under Hong Kong market rules, listed companies only need to present half-year results, which it has chosen to do because of the volatility of its business.
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News briefs
Despite a record December for retail sales in general, sales...
Despite a record December for retail sales in general, sales of shoes dropped by 8.1 percent in Sweden when compared to the same month of the previous year, according to the HUI market research institute. The decline in sales was largely due unusually warm weather in December. In January the ...
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Article
Steve Madden working on a European deal
While outlining results for the first quarter that were in line with expectations, the U.S. company's management said that it is working on “a new sales structure in parts of Europe” and indicated that it may have something to say about them three months from now.As previously reported, Steve Madden ...
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News briefs
A native Italian, David Grasso, is to take over as...
A native Italian, David Grasso, is to take over as president and chief executive of Converse, as part of a management reshuffle at the Nike group (More in SGI Europe). After more than two decades with the Nike group, the last six as chief marketing officer for the Nike brand, ...
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News briefs
Jack Oerth is the new president of Creative Recreation, part...
Jack Oerth is the new president of Creative Recreation, part of Rocky Brands. Most recently, Oerth served as senior vice president of sales for Yellow Box Footwear. He previously held a variety of management positions for Nine West Footwear Corp., including president of the Mid Tier Group. Under Oerth's guidance, ...
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Article
Shoes are counterfeited the most globally
Branded footwear saw the most counterfeits globally each year between 2011 and 2013, says a report published by the Organization for Economic Co-operation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) on April 18.“Trade in Counterfeit and Pirated Goods: Mapping the Economic Impact” analyses almost half a ...
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News briefs
The Kering group, parent company of Puma, Gucci and many...
The Kering group, parent company of Puma, Gucci and many other brands has joined the Zero Discharge of Hazardous Chemicals (ZDHC) Foundation, which aims to eliminate such substances from textile and footwear products by 2020. Other current members are Adidas, C&A, Esprit, G-Star Raw, H&M, Inditex, Jack Wolfskin, Levi's, Li-Ning, ...
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News briefs
It will be easier for Italian companies to obtain a...
It will be easier for Italian companies to obtain a license from the Tehran Garment Union (TGU) to operate in Iran following a contract signed with Sistema Moda Italia (SMI), the umbrella association of textiles and accessories companies, which includes the shoemakers affiliated with Assocalzaturifici. Notably it will be easier ...
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News briefs
A full collection of Christian Lacroix shoes is set to...
A full collection of Christian Lacroix shoes is set to come out for spring/summer 2017, after a soft launch next winter, under a new licensing agreement signed by 33 Joints, the British shoe company led by Malcolm Nathan. The brand had been absent from the shoe market for various seasons. ...
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Article
Luxury goods spending by Chinese and Russians down
Spending on luxury goods by Chinese shoppers abroad fell by 24 percent in March, according to Global Blue, the international sales tax refund organization. The figures were dragged down by a 35 percent drop on an annualized basis in Europe, where deadly terrorist attacks recently took place in Paris and ...