All Shoe Intelligence articles in Volume 20, Issue 13-14 – Page 2
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Article
Lloyd goes more digital
Lloyd Shoes is supplying its retail customers with a new “endless aisle” through a digital B2B platform, called Fashion Cloud. Among other things, it allows them to check the availability of missing items from their stores in real time and to order them directly.The retail clients can also download visuals ...
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Short stops
Deichmann has opened its fifth store in France and plans...
Deichmann has opened its fifth store in France and plans to add three more units in the country before the end of this year
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Article
Spanish footwear is stable in value, but decreases in volume
According to the latest data by the Spanish footwear industry association (Fice), shoe production in Spain totaled nearly 98 million pairs and €2.004 billion in value in 2017. These figures represent a 4 percent drop in volume and an increase of 0.6 percent in value as compared to 2016. The ...
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News briefs
Louis Vuitton has decided to lower its prices in mainland...
Louis Vuitton has decided to lower its prices in mainland China in response to the latest cuts made by the government on import duties and value-added tax in the country, which came into effect on July 1, and Gucci followed the move a few days later, with average price reductions ...
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Article
Virola International at the cutting edge
Virola International, the Indian shoemaker best known for its large OEM operations and its proprietary brands - Alberto Torresi for the domestic market and Stressless for the international market - has introduced robotic cutting into the production process for its leather shoes.The cutting machines installed at the company's facilities in ...
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News briefs
Peter Kaiser will launch a so-called #shoebar, offering customers the...
Peter Kaiser will launch a so-called #shoebar, offering customers the possibility to create their customized Peter Kaiser shoe model, at selected retailers and big fashion retail stores in Germany as well as in some export markets in September, for a total of 30 partner stores in the pilot phase of ...
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Short stops
Moody's has raised the corporate rating of Wolverine Worldwide from...
Moody's has raised the corporate rating of Wolverine Worldwide from Ba2 to Ba1
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News briefs
Sneakers are increasingly popular in the U.S. as compared to...
Sneakers are increasingly popular in the U.S. as compared to high heels. The online resale platform ThredUp analyzed data from December 2017 to May 2018, and found that there was a 38 percent increase in the number of high heel shoes being sent in by customers who no longer wanted ...
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News briefs
Ferragamo Finanziaria, the holding company of the Ferragamo family, sold...
Ferragamo Finanziaria, the holding company of the Ferragamo family, sold a 3.5 percent stake, or 5.9 million shares, in Salvatore Ferragamo through an accelerated book-building process managed by Goldman Sachs. The shares were sold at €23.25 each, representing a discount on the closing price of €24.53 established on the day ...
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News briefs
Melawear has started to sell what it claims to be...
Melawear has started to sell what it claims to be the first line of sneakers certified by Fairtrade Cotton and the Global Organic Textile Standard (GOTS), after two years of research and development in collaboration with Indian producers, international laboratories and certifying agencies. Using a unique composition of organically produced ...
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Short stops
Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou,...
Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou, says it is looking for new customers as it will no longer do business as of September with a client that accounted for 87% of its business in the past year
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News briefs
Tim Schwander, chief sales officer at Legero United, has left...
Tim Schwander, chief sales officer at Legero United, has left the Austrian shoe company behind the Legero, Superfit, Think! and Vios brands. He joined the company one year ago and left this month for personal reasons. His responsibilities for group's sales and marketing divisions will be divided among Rudy Haslbeck, ...
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Article
Moreschi challenges YSL over prime retail space in Milan
Yves Saint Laurent outbid competitors to acquire an 18-year lease for an 82-square meter store in the Galleria Vittorio Emanuele, Milan's iconic shopping arcade, which faces the city's cathedal. But, it could now face a legal challenge from an Italian high-end shoemaker, Moreschi, and the world's largest eyewear manufacturer, Luxottica, ...
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Article
Clarks’ CEO resigns
Mike Shearwood, the former head of Karen Millen who was made chief executive of C&J Clarks in October 2016, has resigned. A public statement said the move followed an investigation conducted in response to complaints that his conduct was “contrary to the family-owned company's code of conduct.”Without giving any details, ...
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News briefs
CCC continues with its store expansion. Recently the Polish-based chain...
CCC continues with its store expansion. Recently the Polish-based chain of shoe and leathergoods stores opened a new flagship store in Berlin. The store measures 1,800 square meters and is located in a premium historical landmark across from Berlin's well-known KaDeWe department store. The premium format of the store was ...
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News briefs
Stefano Cantino, marketing, communications and business development director for the...
Stefano Cantino, marketing, communications and business development director for the Prada group, has stepped down. Since he joined the group in 1997, he has worked as general manager of Car Shoe, brand director for Church's and marketing director for Prada. His departure coincides with an overhaul of the communications department, ...
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Article
Will Brazilian exports stop declining?
Brazil's shoe exports fell in the first half of the year by 6.7 percent in volume, from 59.36 million to 55.37 million pairs, and by 7.9 percent in value, from $528.7 million to $486.9 million. According to the Brazilian shoe manufacturers' association, Abicalçados, which presented these estimates, it is difficult ...
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News briefs
Deckers Brands, which own Ugg and other footwear brands, has...
Deckers Brands, which own Ugg and other footwear brands, has promoted Steve Fasching to the position of chief financial officer, succeeding Tom George from July 16. George had announced his wish to step down to pursue other interests in March, after nine years with the company. Fasching started at Deckers ...
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News briefs
The share of branded shoes with a sports sole in...
The share of branded shoes with a sports sole in the Russian footwear market reached 70 per cent in 2017, as compared to only 45 per cent several years ago, according to the Fashion Consulting Group. This trend is clear evidence that the women shoes with heels are rapidly losing ...
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News briefs
In a strategic move intended to boost its wholesale operations,...
In a strategic move intended to boost its wholesale operations, Caleres has acquired a controlling interest in Blowfish Malibu, an original, 13-year-old Californian brand of lifestyle footwear that had revenues of $27 million in the last 12 months. The terms of the deal were not disclosed but Caleres said it ...
