All Shoe Intelligence articles in Volume 19, Issue 11-12 – Page 2
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Article
Shoe Carnival reports lower sales and profits
Shoe Carnival faced a difficult start to its fiscal year, with profits and sales dipping in the quarter ended April 29, 2017. This was no surprise, since the company warned on May 2 that delays in the mailing out of tax refund checks was largely responsible for a 3.9 percent ...
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Article
Caprice invests in state-of-the-art facilities
Caprice, the German shoe brand, has invested a seven-figure sum in modernizing the company's headquarters at Pirmasens, near the border with France, as well as production locations in Myanmar and Pakistan. The comfort shoe brand, which focuses on blending fashion and wellness using advanced design technology, is seeking to strengthen ...
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Article
Candice Cooper restructures
Candice Cooper, the company known for all-leather luxury sneakers, has a new owner. As of June 1, the company has been registered as Candice Cooper AG, a limited corporation that holds all rights to the brand and patents. The restructure was made to attract new capital for expansion, particularly into ...
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Article
Spartoo buys GBB
GBB, the French company that produces children's shoes under its eponymous brand name and those of Achile, Catimini and IKKS, is being taken over by Spartoo, one of the two major French online shoe retailers, which is operating in 25 European countries. Spartoo, which gets 14 million unique visitors every ...
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News briefs
Browns Shoes has invested in a new order management system...
Browns Shoes has invested in a new order management system (OMS) – the OrderDynamics OMS – to boost efficiency with ship-from-store services and enhance its omnichannel capabilities. Founded in Montreal in 1940, Brown Shoes now owns and operates more than 60 stores throughout Canada, in addition to a strong e-commerce presence.
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Short stops
Like Couromoda, the other major Brazilian shoe trade show, Francal...
Like Couromoda, the other major Brazilian shoe trade show, Francal will take place at a new venue at Expo Center Norte in São Paulo on July 2-5
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News briefs
Eurazeo has launched Eurazeo Brands, a new division with the...
Eurazeo has launched Eurazeo Brands, a new division with the objective of expanding Eurazeo's involvement in fashion. The French private equity firm already has stakes in fashion companies including Desigual, Moncler, Farfetch and Vestiaire Collective. Eurazeo Brands will be its fifth division. The new division will be endowed with an ...
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News briefs
Supra has hired Kara Duffy as the brand's new senior...
Supra has hired Kara Duffy as the brand's new senior global director of product, with immediate effect. She will report directly to Cape Capener, the brand's president. Most recently, Duffy was global director of footwear operations at DC Shoes, part of Quiksilver. In her new role at Supra, she will ...
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News briefs
Sequential Brands reported an increase in its net loss to...
Sequential Brands reported an increase in its net loss to $1,180,000 for the first quarter of 2017 in spite of a 16 percent increase in licensing revenues to $39.4 million, led by gains at its Avia and Heelys brands. Heelys, which now has a presence in 185 countries, is developing ...
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Article
Dielmann launches an online store for its private brand
Dielmann, the German shoe retailer based in Darmstadt, has launched an online store for its Sommerkind brand of shoes for women and girls. Next to a collection of Sommerkind branded shoes, the online offer includes bags, hats and shirts. Some shoe models are only available online. Dielmann plans to add ...
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News briefs
Havaianas, the Brazilian brand of brightly hued flip-flops, has opened...
Havaianas, the Brazilian brand of brightly hued flip-flops, has opened a pop-up display shop on the Santa Monica Pier in California that is made entirely of ice. The company unveiled the store in early June. While no sandals are sold there, the first 100 visitors received a free pair and ...
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News briefs
Mellow Yellow, the brand of shoes and handbags controlled by...
Mellow Yellow, the brand of shoes and handbags controlled by the French Eram group, is diversifying into apparel as part of its development of a total-look strategy. It will launch a line of 120 women's garments, color-coordinated with the brand's shoes, for the next autumn/winter season. It will be sold ...
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Short stops
Méduse, the French brand of plastic shoes, boots and handbags,...
Méduse, the French brand of plastic shoes, boots and handbags, has launched an English version of its medusa.co website to take online orders from 21 countries, four French overseas territories and Hong Kong
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News briefs
Vivobarefoot has partnered with Bloom to develop what it claims...
Vivobarefoot has partnered with Bloom to develop what it claims is the first molded shoe made from algae. Bloom is a performance-based materials manufacturer headquartered in Meridian, Mississippi with operations in Solana Beach, California. Bloom uses algae biomass harvested from freshwater sources around the world to make EVA (ethylene-vinyl acetate) ...
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Article
Boot Barn’s results miss guidance
Boot Barn posted weaker-than-expected profits for its fourth fiscal quarter ended April 1, 2017, mainly due to soft retail sales and unexpectedly high operating expenses. Net income jumped by 160.0 percent over the year-ago quarter to $2.6 million. However, excluding extraordinary items, the adjusted net income improved by 32.0 percent ...
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Article
India bans cattle sales
The Indian government decided on May 30 to impose a countrywide ban on the sale of beef cattle for slaughtering purposes across state and national borders, creating a storm in the country's leather and footwear industry, which generates annual revenues of $13 billion. It is also imposing a $200 fine ...
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News briefs
Investcorp, the big investment fund based in Bahrain, is reportedly...
Investcorp, the big investment fund based in Bahrain, is reportedly among the bidders for Jimmy Choo. It had already bid for Jimmy Choo in 2011, before the company was snapped up by JAB Luxury, which put it up for sale in April.
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News briefs
The Atom Group has moved its German subsidiary to larger...
The Atom Group has moved its German subsidiary to larger and more functional premises in the Pirmasens area, following its recent acquisitions. The Italian company celebrated the move with a special exhibition on “Atom: The Cutty Factory.”
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News briefs
HDS/L, the German shoe and leathergoods industry association, voted for...
HDS/L, the German shoe and leathergoods industry association, voted for a new management at its annual general meeting that was held on May 31 in Düsseldorf. Carl-August Seibel, chief executive of Josef Seibel, was elected as the new chairman, replacing Ralph Rieker, CEO of the Ricosta shoe company, who held ...
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News briefs
Vans is collaborating with two very niche streetwear brands, ASSC...
Vans is collaborating with two very niche streetwear brands, ASSC and Patta, on capsule collections based on its Authentic and Valut Sk8-Hi style. The collaborative design with ASSC, which stands for Anti Social Social Club, adds pink to the black and white shoe. It's being launched immediately through the Dover ...
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