All Shoe Intelligence articles in Volume 19, Issue 23-24
View all stories from this issue.
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Article
Strong year-end for Obuv Rossii
Anton Titov is the founder, general manager and main shareholder in Obuv Rossii, the largest medium-priced shoe retailer on the Russian market, which went public a few weeks ago. On Dec. 20, the company announced his plans to buy more shares in the company, which is riding on a strong ...
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Article
Russian shoe imports rebound
Russian footwear imports have rebounded in 2017 and will probably close the year around the $3 billion threshold, according to World Footwear. In the first half, imports increased by 41.9 percent in volume and 32.6 percent in value. Leather shoes dominated with 48 percent of imports, followed by rubber and ...
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Article
Little growth for Italy’s shoe industry
The revenues of the Italian footwear industry rose by an estimated 2.1 percent in the first nine months of this year, while production went up by 0.7 percent in volume, according to its trade association, Assocalzaturifici, but the third quarter was largely flat.The latest available trade statistics for the first ...
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Short stops
Nero Giardini has opened a showroom in Paris
Nero Giardini has opened a showroom in Paris
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News briefs
Joya has set a subsidiary in Konstanz, Germany, Joya Schuhe,...
Joya has set a subsidiary in Konstanz, Germany, Joya Schuhe, to take care of the distribution of the Swiss brand of comfort shoes in Germany and the Benelux countries, which were previously serviced by Joya International. From January 2018, Joya Schuhe, the German subsidiary, will assume Joya's distribution in these markets. Its ...
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Article
Schuh shines in Genesco’s results
The share price of Genesco, the U.S.-based owner of Journeys and other retail banners including Schuh in the U.K., dropped by 18.5 percent after the company took a colossal impairment charge to write-down the value of its Lids chain and lowered its outlook for the year.Genesco posted a loss from ...
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News briefs
Sarenza, the French-based online shoe retailer, says its sales have...
Sarenza, the French-based online shoe retailer, says its sales have grown by 15 percent since the start of its new financial year in September, thanks in part to a particularly successful Black Friday promotion. The e-tailer generated a turnover of around €200 million in the past year.
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News briefs
Hamm Market Solutions, the German-based footwear licensee for the Gant and...
Hamm Market Solutions, the German-based footwear licensee for the Gant and Napapijri brands, created a new subsidiary, Selected Footwear Concepts, managed by Claus Gese, that will start next month distributing Mahony, a newly created brand of women's shoes. The products are priced between €89-120 a pair for end consumers. Gese, who ...
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News briefs
Flex plans to inaugurate a new manufacturing plant in Zapopan-Jalisco,...
Flex plans to inaugurate a new manufacturing plant in Zapopan-Jalisco, about 20 kilometers northwest of downtown Guadalajara, where it will make sports shoes for Nike. The new 57,000-square-meter facility will initially employ 5,000 workers but Flex anticipates the number will grow by the end of 2019, with the full implementation ...
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News briefs
Michal Zbierajewski, a former manager of Sanita's production facilities in...
Michal Zbierajewski, a former manager of Sanita's production facilities in Poland, has teamed up with a Korean sports technology company, ShinKyung, to launch a new disc-based shoe lacing system, called Uturn, that is said to be more stable, functional and easier to use than the former Puma Disc and the ...
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Article
Zalando expands its partnership program
Zalando has reportedly doubled the sales generated by its brand partnership programs in the last year, enabling brands to take advantage of Europe's leading online fashion retailing platform to sell extra products and compete more effectively with Amazon.The German company sells about 2,000 brands in 15 European countries, buying products ...
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Article
End of the rope for Rebeca Sanver?
Florencia Marco, the Spanish shoe company that owns the brands Rebeca Sanver, To Be and Pimientos, is reportedly facing liquidation after being given bankruptcy protection from its creditors last Sept. 19. Officials of the company and its judicial administrator, Carlos Felipe Ros Álvarez, could not be reached for comment, but ...
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News briefs
Gucci was swept up in a tax dragnet when police...
Gucci was swept up in a tax dragnet when police raided its Florence office and Milan head offices at the end of November. The fast-growing Italian fashion house, owned by Kering, issued a statement after La Stampa, an Italian daily newspaper, reported that police spent three days searching the offices ...
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Article
Italy’s fashion industry is disadvantaged
The interim results and profit warnings recently released by major listed Italian fashion houses like Salvatore Ferragamo, Tod's and Prada painted a grim picture of declining sales, while the results posted by their biggest French rivals -Hermès, LVMH and Kering - were rosy. This tale of two industries prompts a ...
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Article
New development plans for Heinrich Dinkelacker
Shoepassion plans to invest further into Heinrich Dinkelacker, the traditional brand of high-end men's shoes with a “budapester” construction that it bought a year ago. After investing in a new ERP system and new machinery for its factory near Stuttgart, which makes around 10,000 pairs a year, the Berlin-based retailer ...
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News briefs
Salvatore Ferragamo has opened a new design and prototyping lab...
Salvatore Ferragamo has opened a new design and prototyping lab for men's and women's leather goods in Osmannoro, near Florence. The center is to celebrate the leather crafting know-how of the Italian luxury label, which the company wants to pass down to future generations. The lab also uses new machines ...
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Article
More dance shoes pledged for Russia
Russia's major manufacturer of dance shoes, Delfin, is about to boost production volumes from the current 50,000 pairs to nearly 85,000 pairs per month during the coming years, says the Russian Business Consulting agency, citing the company's executives.One of the reasons for the possible expansion is that the actual size ...
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News briefs
Instead of cutting a ribbon to mark the opening of...
Instead of cutting a ribbon to mark the opening of a new shoe factory in Novi Travnik, the Swedish shoe manufacturer Kavat tied a shoelace in shades of blue and yellow before the Bosnian prime minister, Fadil Novali?, to symbolize cooperation between the two countries. A crowd of 300 people ...
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News briefs
Tati, the French cut-price shop, will be sold to Gifi....
Tati, the French cut-price shop, will be sold to Gifi. The French competition authority has conditionally authorized the takeover of Tati Group's shops by GPG Group (Gifi) as long as Tati sells some shops located in limited catchment areas, in order to avoid harm to competition. Tati has therefore agreed ...
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News briefs
Zalando has launched a new customer service program, Zalando Plus,...
Zalando has launched a new customer service program, Zalando Plus, in Germany, after conducting a test this summer, to handle returns. Hermes picks up the products that customers want to return to Zalando at the customer's desired location, i.e. their home or their workplace. Customers can choose a time slot ...
