All Shoe Intelligence articles in Volume 19, Issue 15-16 – Page 2
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News briefs
K-Swiss has launched a new campaign to promote its “Generation...
K-Swiss has launched a new campaign to promote its “Generation K” shoe collection, which targets, in particular, the Gen Z and millennial market. For this campaign, the brand has hired young entrepreneurs who have a large following on social media, and who will appear both in the print campaign and ...
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News briefs
Politecnico Calzaturiero in Padua, Italy, has recently hosted a group...
Politecnico Calzaturiero in Padua, Italy, has recently hosted a group of 14 designers and footwear technicians from five European countries for a two-week pilot training in luxury footwear manufacturing. The program was made possible by the High End Shoe (HES) project, funded by EU's Erasmus+. Participants from Italy, France, Spain, ...
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News briefs
Deichmann has brought a new look to its range by...
Deichmann has brought a new look to its range by launching nine styles of sneakers from Adidas, Fila, Nike and Puma. They became available online and in selected stores at the end of July. The low-cost German shoe retailer is promoting the collection under the title #Athlashion by Deichmann, with ...
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Article
Rocky Brands follows an upward trend
After posting a strong first quarter that marked its return to profitability, Rocky Brands is staying on an upward trend, posting a net income of $1.5 million for the second quarter of the year, compared with a loss of $1.8 million for the year-ago period. The company said the profit ...
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Short stops
Friendly Fire, a two-year-old Portuguese footwear brand, is opening its...
Friendly Fire, a two-year-old Portuguese footwear brand, is opening its first store in Funchal
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Article
Flat sales for Geox but strong boost in profits
Geox' made little progress in the first half, missing market expectations for sales by about €2.5 million, but the company managed to significantly boost its operating margins thanks to tight controls on general and administrative (G&A) costs, with advertising and promotion (A&P) expenses cut in half. Improved margins enabled the ...
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Article
Kering booms
Some of the big multi-brand luxury groups, which are covering multiple product categories, are registering sharply higher increases in revenues than independent footwear specialists operating in the same market segment like Tod's and Salvatore Ferragamo.In general, they are benefiting from a recovery of the market in China since the end ...
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Short stops
German shoe retailers booked a nominal sales increase of one...
German shoe retailers booked a nominal sales increase of one percent in June, leading to an overall sales increase of the same magnitude for the first six months of the year, with a drop of one percent excluding inflation
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News briefs
Luxury companies can block online sales. This is emerging in...
Luxury companies can block online sales. This is emerging in the unfolding of the dispute between the German unit of Coty, the U.S. maker of beauty products, and Parfümerie Akzente, Coty's distributing partner in Germany, which sells Coty's products on e-commerce sites including Amazon against Coty's wishes. Coty had asked ...
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News briefs
Have we hit the peak for Birkenstock? The traditional sandal...
Have we hit the peak for Birkenstock? The traditional sandal just received another boost after Kirna Zabeta had its way with the footwear. Inviting celebrities and journalists to an organic dinner, Birkenstock has just announced a collaboration with the luxury boutique in New York. The result: a pink and red ...
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Article
Michael Kors pays a big price for Jimmy Choo
The Reimann family is going to pocket a big capital gain with the sale of Jimmy Choo to Michael Kors by its JAB Luxury subsidiary, which owns 68 percent of its shares. It is said to be still contemplating the sale of its other big asset in the sector, Bally, ...
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News briefs
Bernd Hummel, the main European licensee of Kangaroos and the...
Bernd Hummel, the main European licensee of Kangaroos and the owner of the Flip Flop brand, has officially announced a contract for the distribution of shoes, clothing and accessories under the Beachbody brand name, starting with the spring/summer 2018 season. The products are licensed by Global Brand Partners, a company ...
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News briefs
Customers can sample a local craft beer while shopping at...
Customers can sample a local craft beer while shopping at the new Timberland specialty concept store. Called The Timberland Tree Lab, the store recently opened in the King of Prussia Mall in Pennsylvania, the second-largest shopping mall in the U.S. The experimental store features carefully curated collections and brand stories ...
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News briefs
Skechers Performance has been named the official footwear partner for...
Skechers Performance has been named the official footwear partner for the 2017 Solheim Cup, the women's team golf competition between Europe and the U.S. The event will take place in the U.S., at the Des Moines Golf and Country Club in Iowa, on Aug. 18-20. Selected players will wear a limited-edition ...
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Article
Wolverine beats forecasts, raises outlook
Wolverine Worldwide has reported net income of $20.7 million for the 13 weeks to July 1 as compared to $24.0 million in the 12 weeks ended on June 16 last year. The extra week, added through a change in the financial calendar, helped the group to improve total revenues by ...
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Article
Wolverine sells Sebago to BasicNet
BasicNet, the Italian-based licensing company that owns Briko, Kappa, Robe di Kappa, K-Way, Superga and other brands, has agreed to acquire the intellectual property rights and other assets of Sebago from Wolverine Worldwide.The asset deal has been valued at €14.2 million, excluding acquisition costs. To help finance it, BasicNet has ...
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Article
BasicNet grows nicely, except in Italy
The parent company of Briko, Kappa, Robe di Kappa, K-Way, Superga and other brands has reported an increase of 3.5 percent in total wholesale-equivalent sales to €372.9 million for the first six months of this year, driven by a 6.2 percent increase to €207.4 million in its foreign licensees' sales. ...
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News briefs
Design Attack, which was a component of the former GDS,...
Design Attack, which was a component of the former GDS, will run as an independent two-day event for new brands, starting on the eve of Gallery Shoes on Aug. 26. It will be staged at 114 Kölnerstrasse in Düsseldorf. Tag it, the private label show of volume suppliers that ran ...
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News briefs
Repetto has hired Gilles Assor as its new chief executive...
Repetto has hired Gilles Assor as its new chief executive for the Americas. The appointment is effective immediately. Assor, 42, has spent the last five years at Robert Clergerie, where he has served as vice-president. Prior to that, he worked in Paris for brands including Jean Paul Gaultier, Maison Margiela ...
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News briefs
Assomac, the Italian association of manufacturers of footwear, leather goods...
Assomac, the Italian association of manufacturers of footwear, leather goods and tanning technologies, has opened the first Italian-Vietnamese Technology Center in Vietnam. The primary objective of the center is to further develop the local footwear industry. Meanwhile, the center features a complete line of Italian machinery and equipment for footwear ...
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