All Shoe Intelligence articles in Volume 20, Issue 11-12
View all stories from this issue.
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Article
The Russian shoe market is recovering
After a big slump in previous years, sales in the Russian shoes market were on the rise in 2017, driving up both imports and an expanding domestic footwear manufacturing base, according to research released by the Russian Union of Leather Workers and Shoemakers during its annual meeting in Moscow on ...
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News briefs
Sabu, the German voluntary group of independent shoe retailers, reports...
Sabu, the German voluntary group of independent shoe retailers, reports a satisfactory profit in spite of a 0.6 percent decrease in revenues to €317.8 million for the past year, due to weak orders of spring/summer 2018 products and reorders. On the other hand, operating and other costs grew significantly in ...
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News briefs
Giuseppe Zanotti's headquarters in San Mauro Pascoli, in Italy's Emilia...
Giuseppe Zanotti's headquarters in San Mauro Pascoli, in Italy's Emilia Romagna region, have been robbed for the sixth time in three years. The burglars stole 100 boxes containing 300 pairs of shoes from the company's warehouse. The shoes, valued at around €270,000, were ready to be shipped to the U.S., ...
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Article
Genesco’s shares tumble as Schuh declines
Shares in Genesco - the U.S.-based owner of Journeys, Johnston & Murphy, and other retail banners - took a 9 percent dive after the company reported on weak results for its Schuh Group subsidiary in the U.K. The British retailer's revenues dipped by 7.0 percent to $80.3 million in Genesco's ...
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Article
Hoka and Ugg help Deckers to score well
Thanks to a strong performance by Ugg and Hoka One One, Deckers Brands posted a stellar fourth fiscal quarter and full year, with revenues and profits beating analysts' expectations.The revenues from the Hoka One One brand jumped by 34.1 percent to $50.4 million for the quarter ended March 31, and ...
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Short stops
Zalando plans to expand into Ireland and the Czech Republic,...
Zalando plans to expand into Ireland and the Czech Republic, which may be followed by websites in Portugal and other European countries
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Article
Gucci will produce more locally to cope with its stellar growth
Kering predicts that Gucci will hit €10 billion in annual sales, overtaking LMVH's Louis Vuitton as the world's biggest luxury brand. The path to success for Gucci has been paved by its new creative director, Alessandro Michele, whose flamboyant style has won fashion fans worldwide for the brand, driving sales ...
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Article
Confindustria Moda inaugurates new offices
Confindustria Moda, the umbrella organization of the Italian fashion industry, inaugurated on May 15 its new 3,800 square-meter offices hosting more than 100 employees at Via Riva Villasanta 3 in Milan.Confindustria Moda comprises Sistema Moda Italia (SMI), which groups the textile and apparel firms operating in the country; Assocalzaturifici, the ...
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News briefs
New Steps, the Dutch Waalwijk-based company that owns the Yellow...
New Steps, the Dutch Waalwijk-based company that owns the Yellow Cab brand, filed for insolvency on May 23 in the bankruptcy court of Zeeland-West-Brabant. The court appointed S.M.P. Jacobs as the receiver. Yellow Cab was rather well-known in the 1990s for its original heels and prints, which appealed to young ...
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Article
New comfort technology by GoreTex
W.L. Gore & Associates is launching a new, proprietary Gore-Tex waterproof/breathable construction, called Gore-Tex 3D Fit Footwear, featuring a three-dimensional insert to contour the shape of the foot more effectively, like a sock, in order to deliver a higher degree of comfort.The first two adopters will be Adidas with its ...
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News briefs
Christian Louboutin is claiming victory in a five-year-long trademark dispute...
Christian Louboutin is claiming victory in a five-year-long trademark dispute over its signature red soles involving Van Haren. The European Court of Justice has issued a favorable ruling for Christian Louboutin, supporting its argument that a specific shade of red on the soles of its shoes can be considered as ...
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Short stops
Geox is launching next month a collection of children's shoes...
Geox is launching next month a collection of children's shoes inspired by Pokémon characters
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News briefs
Kenny Wilson will be the new chief executive of Dr....
Kenny Wilson will be the new chief executive of Dr. Martens, starting in October, taking the place of Steve Murray, who stepped down last October and is now working again for VF Corporation. Wilson has been since 2011 the CEO of Cath Kidston, a U.K.-based brand of handbags and other ...
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Article
Cheers for the UITIC Congress in Portugal
The 20th Congress of the International Union of Shoe Industry Technicians (UITIC), which was held in Porto on May 16 to 18, was described by its organizers as an “incredible” event because of the record number of delegates, the high level of the presentations and interesting visits to Portuguese shoe ...
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News briefs
Deichmann has launched a new charity project, offering its trainees...
Deichmann has launched a new charity project, offering its trainees the opportunity to help primary school pupils to learn to read and write. The trainees are exempt from work in order to attend the Dürer-School in Essen-Borbeck in the morning on two days of the week during the Easter and ...
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News briefs
Diego Della Valle, Tod's chairman and chief executive, has reiterated...
Diego Della Valle, Tod's chairman and chief executive, has reiterated his intention to take a step back from day-to-day management and focus on the group's strategy. He said that he expects to delegate “soon” everyday management to the group's management team under the supervision of his younger brother Andrea. “My ...
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News briefs
CCC, the Polish-based chain of shoe and leathergoods stores, is...
CCC, the Polish-based chain of shoe and leathergoods stores, is entering the Swiss shoe market by taking a majority stake in Karl Vögele, the Swiss shoe retailer. As reported by both companies, NG2 Suisse, a subsidiary of CCC, has acquired 70 percent of the shares, which were previously held by ...
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Article
Shoe Carnival launches new programs
Shoe Carnival announced the launch of an updated loyalty program, Shoe Perks Gold, that will focus on incentivizing its best customers to shop more frequently. In addition, a vendor-drop ship program is being launched during the current quarter to enable shoppers to gain access to a broader range of styles ...
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Article
A call for free and fair trade for footwear
Held only a few weeks before the European Union decided to impose retaliatory duties on footwear and other items imported from the U.S., last month's UITIC Congress in Porto was also the stage for a joint declaration against protectionism issued by the International Footwear Forum of the European Confederation of ...
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Article
Caleres focuses on e-commerce
Caleres, the American group that owns the Famous Footwear retail chain and brands such as Naturalizer, Sam Edelman and Franco Sarto, had a mixed start to its financial year. Although revenues remained stable and earnings improved, they both missed analysts' expectations. Consolidated sales were practically stable at $632.1 million for ...
