All Shoe Intelligence articles in Volume 20, Issue 1-2 – Page 3
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Article
Pentland reorganizes for efficiencies and possible acquisitions
Pentland Brands is rationalizing the management of its various brands in the U.K. by closing two offices in Stockport and Wakefield, which currently host the operations of its two team sports brands, Canterbury and Mitre, respectively. These operations are set to be moved to Speedo's existing international headquarters in Nottingham ...
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Article
Vivarte is about to sell André and Besson
Vivarte announced on Tuesday that it has entered exclusive negotiations for the sale of André, the well-known French chain of urban shoe shops that was at the start of the group, to Spartoo, one of the two leading French online shoe retailers along with Sarenza. The move supports the notion ...
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Short stops
Deichmann has opened its 56th store in Spain
Deichmann has opened its 56th store in Spain
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News briefs
CCC has taken over its 54 franchised stores in Romania...
CCC has taken over its 54 franchised stores in Romania from its franchisee, Peeraj Brands International, which also operates stores for Geox and other brands. Peeraj, which is owned by investors in Dubai, says the Polish-based chain is paying around €33 million for the business, which generated a net profit ...
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News briefs
The Nike group saw its sales rise by 5 percent...
The Nike group saw its sales rise by 5 percent to $8,554 million for the second quarter of its fiscal year, as a dip in North America was compensated for by an uptick in demand in other regional markets. The Nike brand's turnover alone reached $8,136 million, up by 5 ...
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News briefs
Wortmann says that 73 of its 300 franchised Tamaris stores...
Wortmann says that 73 of its 300 franchised Tamaris stores have adopted the new Tamaris 2.0 concept. That includes top locations in Vienna, Paris, Luxembourg, Nice, Athens and Moscow. The company quotes one of its biggest franchisees, Marc Timmermans, as being particularly satisfied with the new, more future-oriented format, which ...
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News briefs
Office posted revenues of £298.7 million (€336.7m-$402.2m) in the 53 weeks...
Office posted revenues of £298.7 million (€336.7m-$402.2m) in the 53 weeks to July 2, 2017, as compared to revenues of £387.8 million (€437.1m-$522.2m) in the prior 74-week period, extended after its sale to Truworths to match its financial year end. Despite the uncertainties in the U.K. trading environment, which are expected to ...
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News briefs
Gucci has opened a high-end restaurant in the 14th-century Palazzo...
Gucci has opened a high-end restaurant in the 14th-century Palazzo della Mercanzia near the central Piazza della Signoria in Florence. The chef is Massimo Bottura, who is said to have opened the best restaurant in the world, Osteria Francescana, in Modena last year. The Gucci Osteria is part of a ...
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News briefs
Genesco indicates that it achieved a sales increase of 10...
Genesco indicates that it achieved a sales increase of 10 percent on a comparable store basis during the fourth quarter ended on Jan. 4 at its Journeys chain of shoe shops in the U.S., thanks in part to a shift from canvas casual styles to retro athletics. Johnston & Murphy ...
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