All Shoe Intelligence articles in Volume 20, Issue 11-12 – Page 2
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Article
Hamm Reno buys an online shoe retailer
The Hamm Reno Group has acquired a majority stake in Surf4shoes, a German-based online retailer of branded footwear in the medium price segment, offering brands like Tamaris, Bugatti, Rieker, Geox and Mustang, which recorded total sales of about €30 million last year. The move, which has been cleared by anti-trust ...
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Article
French slipper brands come under common ownership
A French bankruptcy court has decided to let Renaud Dutreil take over Rondinaud, the leading French brand of so-called “charentaise” slippers. The brand, which has been manufacturing the higher range of its product line in France, will lead a cluster of slipper brands in the Charente region.Dutreil, a former member ...
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News briefs
Camper, the Mallorca-based footwear brand, opened its first two CamperLab flagship...
Camper, the Mallorca-based footwear brand, opened its first two CamperLab flagship stores in London and Paris, adding to seven existing standard stores operating under its brand name in each of the two cities. The new concept was developed by Camper's creative director, Romain Kremer, who has been with the brand since ...
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News briefs
Tamara Mellon, who founded the Jimmy Choo brand, has collected...
Tamara Mellon, who founded the Jimmy Choo brand, has collected an additional $24 million from two investors in a second round of financing for the development of her eponymous brand, which she launched in 2016. This takes the total amount raised so far up to $37 million, helping her to ...
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News briefs
Dockers will have a new booth at the Expo Riva...
Dockers will have a new booth at the Expo Riva Schuh show starting on Saturday. The stand will be bigger than before. Its design was already adopted by Gerli, which owns the rights to the brand in Europe, for the presentation of its product range at the most recent Panorama ...
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Article
Obuv Rossii boosts e-commerce
In the first quarter 2018, the hig Russian shoe retailer saw its net profit shrink to 83 million rubles (€ 1.15 m, $1.35 m), 43.3 per cent down as compared to the first quarter 2017, despite an increase in its revenues of 6.3 percent to 2,260 million rubles (€31.3m-$36.7m). A ...
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Article
Shoe Zone thrives thanks to its Big Box concept
Shoe Zone is reaping the benefits of its transformation plan, posting strong results for the first half of its current financial year, ended last March 31. The U.K.'s largest discount shoe retailer made massive investments in its store portfolio, closing 35 loss-making units in its fiscal year ended in August ...
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Article
DSW posts better-than-expected results
Efforts to liquidate inventories and to wind down some businesses helped DSW post results for its first fiscal quarter ended April 29 that exceeded Wall Street expectations. During the last quarter, the group announced its exit from Ebuys, an e-commerce off-price footwear and accessories company it acquired in February 2016 for $62.5 million ...
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Article
Vivarte has found new owners for Besson
The French Vivarte group, which has already sold Merkal, André and other retail chains, has entered exclusive negotiations for the sale of Besson Chaussures, a profitable chain of 133 suburban low-priced shoe stores that sold nearly 13 million pairs in 2017, generating revenues of €264 million.The future owners of Besson ...
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News briefs
Prada's chief executive, Patrizio Bertelli, said the family who controls...
Prada's chief executive, Patrizio Bertelli, said the family who controls the luxury goods group does not intend to sell its stake. Bertelli added that his own son Lorenzo may one day head the group, if he wants to. Meanwhile, Prada has inaugurated its new factory in Valvigna, near Arezzo, in ...
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News briefs
High-level executives at Lululemon and Nike have been led to...
High-level executives at Lululemon and Nike have been led to resign because of sexual harassment or gender discrimination. Paul Marciano, co-founder and executive chairman of Guess, has now been led to resign after an investigation showed that he engaged in sexual misconduct while at work. At the end of May, ...
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News briefs
Satra Technology Europe has been designated by the Irish government...
Satra Technology Europe has been designated by the Irish government as a Notified Body for Regulation (EU) 2016/425 Personal Protective Equipment. The company, based in Dublin, has been issued with the Notified Body Number 2777, and now appears on the European Commission's website for New Approach Notified and Designated Organisations ...
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Article
Bearpaw buys Flip Flop Shops
Bearpaw Holdings has acquired Flip Flop Shops, a chain of 59 franchised stores specializing in the sale of rubber sandals by brands such as Havaianas and Reef. The acquisition will help the American company, founded in 1986, to create a better seasonal balance with its own brand of sheepskin shoes, ...
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Article
Soya Concept buys Shoe the Bear
Soya Concept, a successful Danish women's fashion company, has entered the footwear segment by purchasing Shoe the Bear, another Danish company that designs and sells men's and women's shoes in more than 20 countries, mainly online. The takeover comes with the appointment on June 1 of a new chief executive ...
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Article
Boot Barn’ sales top guidance
Thanks to the contribution from new stores and a strong improvement in the women's category, Boot Barn saw sales for its fiscal fourth quarter ended on March 31 jump by 12.1 percent to $170.8 million, with double-digit same-store growth online and offline. The American shoe retail company, which specializes in ...
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News briefs
The Worshipful Company of Cordwainers has named Barbara Fidler, a...
The Worshipful Company of Cordwainers has named Barbara Fidler, a student at the London College of Fashion, National Footwear Student of the Year 2018. The award was open to footwear students at De Montfort University, University of Northampton, and London College of Fashion, which are the three British universities that ...
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Short stops
Prada is opening seven new stores under three banners –...
Prada is opening seven new stores under three banners – Prada, Miu Miu and Church's – in the SKP shopping center of Xian, in China
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News briefs
Richter, the Austrian brand of children's shoes, has re-launched its...
Richter, the Austrian brand of children's shoes, has re-launched its corporate website, richter.at. Visitors can check out Richter's products with 360-degree visibility and search for their availability in their favorite stores. The website is also linked with Facebook and Instagram to provide information on new collections and styles.
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News briefs
Valencia's shoe industry association, Avecal, is collaborating with Banco Sabadell...
Valencia's shoe industry association, Avecal, is collaborating with Banco Sabadell to support the growth of footwear companies in Spain's Valencian region. The three-year agreement is meant, among other things, to improve the access by local shoe companies to financial services. The partnership will make financial products such as business loans, ...
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News briefs
Karsten Bolle, has left Ara Shoes, where he was responsible...
Karsten Bolle, has left Ara Shoes, where he was responsible for sales in Germany, on May 31 by mutual agreement. He had worked for this subsidiary of the Ara group for 24 years. Frank Lüttig, director of international sales since 2012, assumes the newly created position of head of sales, ...
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