All Shoe Intelligence articles in Volume 19, Issue 9-10 – Page 2
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Article
Vulcabras continues to improve
Vulcabras Azaleia, the Brazilian company that owns the Olympikus brand of sporting goods and three brands of women's shoes, Azaleia, Dijean and Opanka, reported higher sales and profits for the first quarter to March 31, confirming its turnaround.The company's sales grew by 17.7 percent to 295.9 million reais (€85.4m-$95.2m) in the ...
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Article
Geox launches the X-Store concept
Geox has unveiled its latest store concept aimed at combining style, innovation, sustainability and well-being. The X-Store concept, in which the company is reportedly investing €15 million, uses only green materials, ranging from terracotta to natural wood. All materials are compliant with LEED (Leadership in Energy and Environmental Design) Certification.The ...
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News briefs
Tecnomodel, a company in the Marche region of Italy that...
Tecnomodel, a company in the Marche region of Italy that has been handling the production of luxury men's and women's shoes for important fashion brands for more than 25 years, has opened a new head office at Porto Sant'Elpidio. The 2,300-square-meter structure houses its design center, its showroom, its production ...
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News briefs
Cleto Sagripanti, president of the European Confederation of the Footwear...
Cleto Sagripanti, president of the European Confederation of the Footwear Industry (CEC), recently met Antonio Tajani, president of the European Parliament, to lobby for the reindustrialization of the footwear sector and the conclusion of new free trade agreements by the European Union. For the European shoe industry, FTAs with Japan ...
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News briefs
Christian Louboutin will for the first time participate in Pitti...
Christian Louboutin will for the first time participate in Pitti Uomo at the 92nd edition of the trade show, which will take place in Florence on June 13-16, launching a collection of sports shoes – in tune with current fashion trends. Bally will also participate with a new collection of ...
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Article
China helps Hermès to reach double-digit growth
Hermès International posted a strong and unexpected 13.5 percent increase in revenues during the first quarter of 2017. On a currency-neutral basis, they grew by 11.2 percent, driven by a significant 16 percent increase in Greater China and other parts of Asia excluding Japan. Analysts had projected a rise of ...
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News briefs
LVMH has reached the highest stock market capitalization on the...
LVMH has reached the highest stock market capitalization on the CAC 40, the benchmark index of the French stock exchange, overtaking Total, France's largest oil company, with a capitalization of €116.7 billion. The value of LVMH's shares has risen by nearly 27 percent since the beginning of this year. Kering, ...
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Article
Hamm opens shoe concessions at C&A
The Hamm Reno Group, the German-based retailer and wholesaler otherwise known as the HR Group, has struck a strategic agreement with C&A, the international chain of affordable apparel stores. It will set up and supply dedicated shoe departments in 233 C&A stores in Germany and 59 others in Austria, Belgium, ...
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News briefs
Riva del Garda Fierecongressi is launching a new program called...
Riva del Garda Fierecongressi is launching a new program called Expo Riva Schuh Around The World, with trips to important markets in order to present its fair. The tour has started in Soutjh Africa. A delegation from the country will visit Expo Riva Schuh on Lake Garda on June 10-13.
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Article
Coach buys Kate Spade
Coach has signed a definitive agreement to take over Kate Spade & Co., for a combination of cash and shares that assigns a value of $2.4 billion to the American fashion house, which targets millennials with its own lines of clothing, leathergoods, footwear and other accessories. The amount represents a ...
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Short stops
Chuck Sanson has joined Superfeet as director of business development...
Chuck Sanson has joined Superfeet as director of business development from Pearl Izumi, where he was most recently in charge of the running division
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News briefs
Scott Prentice has returned to Bruno Magli in his former...
Scott Prentice has returned to Bruno Magli in his former position of president of North America. He had that job between 1995 and 2005, a period during which the Italian brand grew strongly in the region. He subsequently worked for Bally and for Calvin Klein Footwear. Bruno Magli, which opened ...
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News briefs
Implementing a previously conceived succession plan, Rocky Brands has promoted...
Implementing a previously conceived succession plan, Rocky Brands has promoted Jason Brooks to the role of president and chief executive of the company, which owns brands such as Durango, Georgia Boot, Lehigh and Creative Recreation, besides a license for Michelin footwear. The 46-year-old manager takes the place of his father, ...
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News briefs
Supra has hired Kara Duffy as the brand's new senior...
Supra has hired Kara Duffy as the brand's new senior global director of product, with immediate effect. She will report directly to Cape Capener, the brand's president. Most recently, Duffy was global director of footwear operations at DC Shoes, part of Quiksilver. In her new role at Supra, she will ...
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News briefs
Sequential Brands reported an increase in its net loss to...
Sequential Brands reported an increase in its net loss to $1,180,000 for the first quarter of 2017 in spite of a 16 percent increase in licensing revenues to $39.4 million, led by gains at its Avia and Heelys brands. Heelys, which now has a presence in 185 countries, is developing ...
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Article
New eco-friendly footwear brand to be launched on Kickstarter
Saola, a new brand of eco-friendly footwear committed to environmental conservation, will get a pre-launch on Kickstarter on May 23 in order to collect funds for its development. The company hopes to raise $25,000 to help finance the first round of production of its sustainable shoes, which are going to ...
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News briefs
Gola, the British sports brand owned by the Jacobson Group,...
Gola, the British sports brand owned by the Jacobson Group, has announced an agreement with Madras for the distribution in Japan of Gola Classics shoes and accessories. In the course of the current spring/summer season, a limited edition of Gola Classics made in England will be presented at pop-up concessions ...
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Article
Bogs weighs down on Weyco’s results
Weyco Group posted another disappointing quarter, as sales of its Bogs brand of boots continued to decline. Group revenues tumbled by 12.0 percent over the year-ago quarter to $69.1 million. However, it managed to improve the gross margin by cutting costs. The company said that the retail environment continues to ...
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Short stops
Bernd Hummel has opened a new showroom in the Munich...
Bernd Hummel has opened a new showroom in the Munich Order Center (MOC) for its own Flip Flip brand and its licensed Kangaroos brand
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News briefs
The Leomil Group, a company belonging to the Cortina Group...
The Leomil Group, a company belonging to the Cortina Group that specializes in children's footwear, and the Erve Group, which specializes in socks and other textile products, have a portfolio of licensed character entertainment brands that overlap. The two companies have formed a strategic alliance to leverage their respective strengths ...
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