All Shoe Intelligence articles in Volume 19, Issue 5-6
View all stories from this issue.
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News briefs
Wearing the wrong shoes can result in a variety of...
Wearing the wrong shoes can result in a variety of health problems for the elderly. A recent study conducted by the Podiatry University Clinic at the University of La Coruña, in Spain, has found that most of the older people who do not wear the proper shoes need to seek ...
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Article
Prada’s sales slump, but there are signs of recovery
The Italian fashion group reported a 10 percent drop in its sales in the full year ended Jan. 31, down to a total of €3,184 million. At constant currency rates, the top line fell by 9 percent, in line with market expectations.The Prada Group's sales in the Asia-Pacific region were ...
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News briefs
Ruco Line has moved to a new and larger location...
Ruco Line has moved to a new and larger location at Milan's via della Spiga 48. The move coincides with the brand's 30th anniversary. Its former space at the corner of via Borgospesso will be the home of the brand's second line, Agile by Ruco Line. The 200-square-meter store on ...
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Article
New international online platform for Spanish shoes
The Spanish footwear industry association (Fice) is launching the project for a new online platform, called the Shoes from Spain B2B Marketplace, that is intended to help its members to reach out to new multi-brand retailers in Spain and in other countries, allowing them to process forward orders and reorders ...
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News briefs
Kyle Houseman will be the new president of Native Shoes,...
Kyle Houseman will be the new president of Native Shoes, the Canadian casual footwear company based in Vancouver. He worked previously on the international executive team of Lululemon, the big Vancouver-based chain of yoga and sports apparel stores, where he ran most recently its expansion into Australia. Houseman is taking ...
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Article
Superga grows in various markets
The parent company of Kappa, Robe di Kappa, K-Way, Superga and other brands has announced its preliminary results for 2016. Aggregated revenues by the group's global licensee network were up by 1.3 percent to €740 million. The group's operating result (Ebit) was down to €15.2 million, as compared to €25.7 ...
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News briefs
The new owners of the Hamm Reno Group (HR Group)...
The new owners of the Hamm Reno Group (HR Group) have appointed a new chief executive for the German shoe distribution and retail company. Wolfram Hail, who spent the last five years as a member of the executive board of Deichmann and as its chief product officer, became the CEO ...
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Article
Schuh helps Genesco to top its profit forecast
Genesco, the owner of Journeys, Schuh and Lids, reported profits for the fourth quarter ended Jan. 30, 2017 that topped its own guidance, although they were down by 8.7 percent over the year-ago quarter to $41.8 million. The better-than-expected net income sent the group's shares up by 4.6 percent after ...
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News briefs
Representatives of the global footwear industry will gather at the...
Representatives of the global footwear industry will gather at the Hong Kong Convention and Exhibition Centre on March 30, on the occasion of the Global Footwear Retail Conference (GFRC). This year's edition will revolve around three subject areas which include: the impact of political decisions on the footwear retail industry; ...
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Article
Steve Madden increases margins on falling revenues
Steve Madden saw revenues for the three months ended Dec. 31, 2016 drop by 2.3 percent over the same quarter last year to $336.4 million, due to softness in its private label footwear and cold-weather accessories. However, the American company managed to increase profits and margins.In the retail division, sales ...
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Article
Weyco suffers from a tough U.S. retail environment
Lower traffic at its clients' physical stores adversely affected the U.S. wholesale business of Weyco Group under all its brands throughout last year. In the final quarter, the group's North American wholesale segment saw its revenues go down by 8.7 percent to $61.6 million, with decreases of 7.0 percent for ...
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Article
Geox’ sales are dragged down by its stores
Geox posted a 2.4 percent decrease in fourth-quarter sales to €161.5 million, driven by a 3.2 percent drop on a comparable store basis. The company said it suffered a reduction in store traffic, which was partially offset by a “significant” improvement in the conversion rate. To tackle the difficult market ...
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Article
TheMicam enters a new dimension
With its revamped layout and the support of some top Italian luxury brands, theMicam continued its progress last month. Building on increases in attendance of 1.8 percent a year ago and 5.2 percent last September, the world's largest footwear trade fair reported a 5 percent increase in the total number ...
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Article
Grendene’s profit rises despite lower volumes
Grendene reported a net profit of 634.5 million Brazilian reais (€196.1m-$207.1m) in 2016, which represents a growth of 5.2 percent over the previous year. In the fourth quarter of the year, it advanced by 2.8 percent to R$247 million (€76.3m-$80.6m). The increases took place despite lower deliveries in both the ...
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Article
New European licensee for Creative Recreation
Rocky Brands has appointed a European licensee for Creative Recreation, a brand of versatile sneakers that belongs in its portfolio. The licensee is 2Squared Brandhouse, an agency in Manchester that has also been representing a dozen other sports and fashion brands at the national level such as Björn Borg, Champion, ...
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News briefs
A French court has given Samson six months to recover...
A French court has given Samson six months to recover from its financial problems. The French producer of Artika Soft shoes has been in receivership since last October. It has laid off 34 workers, putting an end to all its manufacturing activities in France and leaving it with about 20 ...
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Article
Contrasting trends in European exports, imports decline
The Italian footwear industry is performing in different ways in different markets. As previously reported, its exports grew by only 2.6 percent in value in the first ten months of last year, reaching a level of €7.52 billion, but this was due primarily to an increase of 3.7 percent in ...
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Article
DSW confirms its return to profit growth
DSW reported on yet another strong quarter, after returning to year-on-year earnings growth last autumn, following four consecutive quarters of declines. Its net income was up by 160.7 percent to $30.5 million in the quarter to Jan. 28, 2017, and the U.S. footwear retailer attributed this to effective expense management ...
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Short stops
Lloyd Shoes showed a new store concept at the recent...
Lloyd Shoes showed a new store concept at the recent Panorama and Micam fairs that has been implemented at its mono-brand store in Munich's international airport, with others to follow in Germany and abroad
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News briefs
Pikolinos has completed the revamp of its flagship store in...
Pikolinos has completed the revamp of its flagship store in Elche, the brand's home town in Spain. The new design is also meant to reflect the ongoing transformation of the brand's image. Pikolinos has been expanding its retail network in recent years, both in Spain and overseas, including the opening ...
