All Shoe Intelligence articles in Volume 19, Issue 7-8 – Page 4

  • Article

    Prada is turning around, goes digital, after a poor year

    2017-04-25T00:00:00Z

    The Italian fashion group's net profit for the year ended Jan. 31 fell to its lowest level since the company's initial public offering on the Hong Kong Stock Exchange in 2011. The bottom line stood at €278.3 million, down from €330.9 million a year earlier and short of analysts' expectations ...

  • News briefs

    Other top executives are leaving Ecco after the departure of...

    2017-04-25T00:00:00Z

    Other top executives are leaving Ecco after the departure of Andreas Wortmann, about which we reported in our last issue. Kristin Käpplinger, who has been with the company since 2003, will be leaving Ecco, at her own request and in agreement with the company. As vice president, she was responsible ...

  • News briefs

    Aerosoles has named Denise Incandela as its new chief executive...

    2017-04-25T00:00:00Z

    Aerosoles has named Denise Incandela as its new chief executive officer with immediate effect. She replaces Shawn Neville, who assumes the role of executive chairman. Incandela, who has also been appointed to the board of directors, joins from Ralph Lauren, where she served as president of global digital. She previously ...

  • Article

    Clarks adapts to a disruptive world

    2017-04-25T00:00:00Z

    Clarks reported a 7.9 percent increase in consolidated sales for the financial year ended last Jan. 31, but this was largely due to the depreciation of the pound sterling against the U.S. dollar in view of the company's strong position in the U.S. market. On a constant-currency basis, sales were ...

  • News briefs

    ShoeBuy has purchased the domain name Shoes.com, reportedly for $9...

    2017-04-25T00:00:00Z

    ShoeBuy has purchased the domain name Shoes.com, reportedly for $9 million. ShoeBuy was acquired by Jet.com, a subsidiary of Walmart, three months ago. Another former domain name of Shoes.com, SHOEme.ca, has been reportedly acquired by DSW, at an undisclosed price. These two domain names and OnlineShoes.com were owned by a ...

  • News briefs

    Superga has opened its 8th U.K. store in the Westfield...

    2017-04-25T00:00:00Z

    Superga has opened its 8th U.K. store in the Westfield London shopping mall. As at four other Superga stores in the English capital, customers can book an appointment with an in-store artist to personalize their shoes for a fee of £10 (€12-$13).

  • News briefs

    Assocalzaturifici said the number of buyers at the 45th edition...

    2017-04-25T00:00:00Z

    Assocalzaturifici said the number of buyers at the 45th edition of Obuv' Mir Koži, the international footwear and leather goods show in Moscow that closed on March 24, strongly increased as compared to the previous edition. According to the trade organization, which represents the Italian footwear industry, the level of ...

  • Short stops

    German shoe retailers suffered sales decreases of 4% in value...

    2017-04-25T00:00:00Z

    German shoe retailers suffered sales decreases of 4% in value and 7% in volume during the month of February, according to the German Retail Research Institute (IFH)

  • Article

    Yue Yuen’s net profit jumps by 37%

    2017-04-25T00:00:00Z

    Yue Yuen Industrial posted strong results for 2016, with profit attributable to owners of the company increasing by 37.0 percent to $534.6 million. Adjusted to eliminate non-recurring items, net earnings went up by 29.5 percent to $525.1 million for the year.The group said it has been putting more strategic emphasis ...

  • Article

    Le Soulier Français to raise up to €3m

    2017-04-25T00:00:00Z

    Le Soulier Français, a small French company in Romans that specializes in the manufacture of high-end women's dress shoes, claiming a particularly strong know-how in the area of hand-woven and Louis XV stiletto shoes, is raising between two and three million euros from three investment funds to spur its development. ...

  • News briefs

    Chic, the Chinese fashion trade show, reported a 3.5 percent...

    2017-04-25T00:00:00Z

    Chic, the Chinese fashion trade show, reported a 3.5 percent increase in attendance at its latest edition in Shanghai on March 15-17 with a total of 108,164 visitors, after a 17 percent drop a year earlier. Operators of shopping malls and department stores formed the biggest contingents. The 1,213 exhibitors ...

  • News briefs

    21 Investimenti, the private equity firm of Alessandro Benetton that...

    2017-04-25T00:00:00Z

    21 Investimenti, the private equity firm of Alessandro Benetton that took over Philippe Model last July, wants the brand to develop an omni-channel strategy under its new chief executive, Andrea Pesaresi, who comes from Zegna. While consolidating the wholesale segment, where the French-Italian brand of sneakers is sold in about ...

  • News briefs

    Leomil has been elected as “best licensee” for 2015-16 by...

    2017-04-25T00:00:00Z

    Leomil has been elected as “best licensee” for 2015-16 by Sanrio for its Hello Kitty collection sold in the Middle East and North Africa. In spite of a challenging business situation for retailers in the region, the line has enjoyed stable growth over the seasons.

  • Short stops

    Gabor has released 15 different styles with Gore-Tex as part...

    2017-04-25T00:00:00Z

    Gabor has released 15 different styles with Gore-Tex as part of its Gabor Sport collection for autumn/winter 2017/18

  • News briefs

    Footwear consumption in Argentina declined to 138 million pairs in...

    2017-04-25T00:00:00Z

    Footwear consumption in Argentina declined to 138 million pairs in 2016, down by 6.2 percent from 2015. Meanwhile, sales of imported shoes increased to 27.4 million pairs in 2016 from 21.6 million pairs in 2015. The country's leather and footwear sectors initially criticized the government of President Mauricio Macri, who ...

  • News briefs

    The 115 companies that participated in the latest edition of...

    2017-04-25T00:00:00Z

    The 115 companies that participated in the latest edition of Moda Made in Italy, held in Munich on March 19-21, presenting 215 brands, were said to be very satisfied with the attendance by 1,400 visitors.  Essenz, the simultaneous, three-year-old German shoe show, recorded an increase in the number of visitors ...

  • Article

    Steve Madden’s sales jump by 11%

    2017-04-25T00:00:00Z

    Steve Madden's revenues for the three months to March 31 jumped by 11.2 percent over the same quarter last year to $336.4 million, boosted by strong sales in the women's wholesale footwear division and its new joint venture in Europe.Revenues in the wholesale business soared by 13.6 percent to $313.3 ...

  • News briefs

    Basicnet has announced a net consolidated profit of €10.3 million...

    2017-04-25T00:00:00Z

    Basicnet has announced a net consolidated profit of €10.3 million for 2016, down from €16.8 million in the previous year. The company owns brands such as Kappa, Robe di Kappa, K-Way and Superga, and licenses them in many territories outside its domestic Italian market. As previously reported, Basicnet's aggregated sales ...

  • Article

    Skechers’ revenues pass the $1 billion mark

    2017-04-25T00:00:00Z

    Skechers USA posted strong results for the first three months of the year, thanks to double-digit growth in its international business. Its total sales hit a new quarterly record of $1,073 million, which represents an increase of 9.6 percent over the first quarter of 2016. Its net earnings dipped by ...