All Shoe Intelligence articles in Volume 19, Issue 13-14 – Page 6
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News briefs
Unsecured creditors of Payless Shoesource will collect €32.3 million from...
Unsecured creditors of Payless Shoesource will collect €32.3 million from Golden Gate Capital and Blum Capital to settle claims over dividends and fees of €400 million that the two private equity firms took from the bankrupt American discount shoe retail chain after its acquisition in 2012. In total, unsecured creditors ...
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News briefs
Bookings for the Sept. 22-24 edition of the Momad Shoes...
Bookings for the Sept. 22-24 edition of the Momad Shoes fair in Madrid have already reached 7,000 square meters, exceeding the occupancy level of the March 2017 edition. Several brands will return to the show, including Hannibal Laguna and Paredes, which just got a prize. The buyers' program of the ...
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Short stops
Austrian consumers are buying an estimated 21% of their shoes...
Austrian consumers are buying an estimated 21% of their shoes over the internet
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News briefs
Sales grew by 2.2 percent in German shoe shops during...
Sales grew by 2.2 percent in German shoe shops during the first six months of this year, according to the European Clearing Center, which collected the data of 4,724 points of sale in the country. Comparatively, their sales had fallen by 3.4 percent year-on-year in the first half of 2016.
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Article
The HR Group sacks 130 in restructuring
The Hamm Reno Group (HR Group), one of the largest shoe wholesalers and retailers in Germany, is closing its logistics center at the company's headquarters in Osnabrück with the loss of approximately 130 jobs. The decision to close the 20,000-square-meter center and focus entirely on a larger one located at ...
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News briefs
Sabu Schuh-Verbund, the German cooperative of 102 independent shoe retailers...
Sabu Schuh-Verbund, the German cooperative of 102 independent shoe retailers reported a three percent fall in turnover for 2016 at its annual general meeting in Hamburg in June. More detailed figures show that the revenues of Sabu Schuh und Marketing GmbH, which is equally owned by the Sabu Schuh-Verbund and ...
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News briefs
Brazilian footwear exports increased by 1.1 percent in volume between...
Brazilian footwear exports increased by 1.1 percent in volume between January and May as compared to the same period last year, according to data from the Brazilian Shoe Manufacturers Association. In value terms (in U.S. dollars), Brazilian footwear exports jumped by 20.1 percent to $441 million. The devaluation of the ...
