All Shoe Intelligence articles in Volume 19, Issue 1-2
View all stories from this issue.
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News briefs
While Repetto is pulling out of ready-to-wear, as we have...
While Repetto is pulling out of ready-to-wear, as we have previously reported, another French footwear brand, Mellow Yellow, is launching its first line of women's wear, made for the most part in Portugal. The brand, which was taken over by Eram a few years ago, will show the first collection ...
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Article
A soft holiday season for U.S. shoe retailers
In a preliminary statement about its results for the fourth quarter ending in late January, Genesco said its overall revenues were flat in the period through Jan. 5, exceeding its earlier expectations. On a comparable basis, sales declined by 2 percent at its physical stores but grew by 11 percent ...
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Article
Shoe Zone reports higher margins
The discount-oriented British shoe retailer suffered a 4.2 percent drop to £159.8 million (€184.9m-$197.1m) in its turnover for the 12 months of its financial year ended last Oct. 1, but this was mainly due to the shutdown of loss-making stores in the first six months. However, the average value of ...
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Article
India is pushing hard for modernization
We have already reported on the digitalization and robotization drive that is going on in India, as well as the elimination of smaller denominations of the Indian rupee. The Indian government is now going to introduce a new and more simplified indirect taxation system with the financial year starting in ...
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Article
Geox reshuffles its top management
After a board meeting presided by Marino Poretti Polegato, chairman of the company, Geox announced last Thursday the appointment of a new chief executive, Gregorio Borio, who comes from Pirelli, the big Italian tire company. Replacing Giorgio Presca, he has taken office with immediate effect. He has also been given ...
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Article
A new show will replace the GDS
The GDS will be held for the last time at Messe Düsseldorf's fairgrounds on Feb. 7-9. It will also be the end for its simultaneous sourcing show, Tag it! Just before the start of the successful Expo Riva Schuh show at Riva del Garda in Italy on Jan. 14, Messe ...
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Short stops
XTI Kids is showing for the first time at this...
XTI Kids is showing for the first time at this week's Pitti Bimbo fair in Florence
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Article
Vivarte sells its factory
Last Dec. 23, Vivarte completed the sale of its shoe manufacturing subsidiary, Compagnie Vosgienne de la Chaussure (CVC), to a German investment fund based in Hamburg, Hanse Industriekapital, which raised its capital to more than €12 million. Etienne Ménéguz, who has been confirmed as president and chief executive of CVC, ...
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Article
Spain exports lower-priced shoes
The Spanish footwear export statistics for the first nine months of 2016 show an increase of 2.3 percent in their volume, accompanied by a 7.8 percent decrease in their total value. The trend was particularly pronounced in Spain's trade with other member countries of the European Union, which grew by ...
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Article
Expo Riva Schuh is still strong
The 87th edition of Expo Riva Schuh ended Tuesday with a total of 13,024 registered visitors. They were practically as many as a year ago in spite of adverse weather conditions that caused many flights to be cancelled, diverted or delayed, the January 2016 edition had 13,104 registrations.About 6,000 visitors ...
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Article
Zalando grows less than expected
Zalando put out nice preliminary figures for the fourth quarter ended Dec. 31, although they came in below its latest forecast for the period. Breaking the magic €1 billion range for the first time, the quarterly turnover reached a level estimated at between €1,086 million and €1,094 million, representing an ...
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News briefs
Local reports indicate that an Italian entrepreneur, Enrico Rossi, is...
Local reports indicate that an Italian entrepreneur, Enrico Rossi, is planning to open a new shoe factory in Serbia in the autumn of this year, employing 600 people, through a company called East West. Enrico Rossi and his brother Romano already operate in Serbia through another firm, Progetti, that makes ...
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News briefs
This year's edition of Pitti Uomo, a menswear fair that...
This year's edition of Pitti Uomo, a menswear fair that hosts many shoe brands, welcomed 24,300 buyers from around 100 countries and a total of 36,000 visitors. The figures were flat from last year, according to the organizers, who highlighted good trends in foreign participation while Italians were down by ...
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Article
Double-digit growth for GSM
GSM, the 12-year-old German-based voluntary group, has announced another double-digit increase in centralized settlements on behalf of its retail members for 2016. After rising by 15 percent in 2015, they went up by 16.6 percent to €321 million last year. The growth in the turnover was mainly due to GSM's ...
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Article
Royer signs new deals, invests in Italy
Groupe Royer has signed a European license for a line of lifestyle-oriented shoes under the Everlast brand name. The deal covers all the markets of Europe, the Middle East and Africa with the exception of Italy, where the brand has an excellent partner for clothing, A. Moda.The large French group ...
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News briefs
The World Trade Organization (WTO) has received a complaint filed...
The World Trade Organization (WTO) has received a complaint filed by China on the European Union's rules on calculating what constitutes dumping. The document says that, since China acceded to the WTO, it had been agreed that specific price-comparison rules would apply for the country for a transitional period of ...
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News briefs
Kindy, the French company that owns the Catimini and GBB...
Kindy, the French company that owns the Catimini and GBB brands of children's shoes, is in an active phase of discussions with potential investor in a bid to boost its equity and avoid bankruptcy proceedings. The company, which also produces socks under various brand names, is said to be affected ...
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Short stops
Starting with the new year, Carving Sport is taking on...
Starting with the new year, Carving Sport is taking on the distribution of Komperdell in Spain, Portugal and Andorra
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News briefs
Samuel Nettey, former head buyer for men's shoes at Next,...
Samuel Nettey, former head buyer for men's shoes at Next, the British fast-fashion retailer, has joined Sugi International as head of design and development for the U.K. He will run Sugi's first U.K. office as head of design and development for clients in the country. Asos, Matalan, Next, River Island ...
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News briefs
Together with the two other footwear brands of the recently...
Together with the two other footwear brands of the recently formed Rockport Group – Aravon and Dunham - Rockport is moving its global corporate headquarters from Canton, Massachusetts to another town in the Greater Boston Area. The new head office of the group is located in West Newton and offers ...
