All Shoe Intelligence articles in Volume 20, Issue 15-16 – Page 3
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Short stops
Onitsuka Tiger, the lifestyle shoe label of Asics, has opened...
Onitsuka Tiger, the lifestyle shoe label of Asics, has opened a store in New Dehli's Select City Walk, joining another one in Dehli and one in Mumbai
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News briefs
Asics Europe made headway with the Onitsuka Tiger brand, which...
Asics Europe made headway with the Onitsuka Tiger brand, which raised its sales by 41 percent for the six months. Asics organized a partnership with Foot Patrol and an event at the Paris Fashion Week to celebrate the popular Gel Saga shoe, along with projects with Kiko Kostadinov, the fashion ...
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Article
Vulcabras recovers in women’s shoes, works with Under Armour
Vulcabras Azaleia, which derives most of its revenues from the affordable Olympikus brand of sports shoes, has announced the start of negotiations for the acquisition of Under Armour's five-year-old Brazilian sales subsidiary. Under a joint licensing and operating agreement, Vulcabras will become the exclusive distributor and licensee of the American ...
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Article
Ara partners with Fashion Cloud
Ara Shoes is supplying its retail customers with a new “endless aisle” through Fashion Cloud, a digital B2B platform that allows customers 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 of the products and other ...
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News briefs
First Heritage Brands has appointed Perry Oosting, the chief executive...
First Heritage Brands has appointed Perry Oosting, the chief executive of its Robert Clergerie subsidiary, to run also Sonia Rykiel, a French fashion label that it took over recently. First Heritage Brands, which belongs to Li & Fung group, also owns a Belgian leathergoods brand, Delvaux. Oosting worked as a ...
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Short stops
The annual Footwear Friends Awards in London owill be held...
The annual Footwear Friends Awards in London owill be held this year on Oct. 18 in the Canal Museum
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News briefs
Bally has announced two new executive appointments with a focus...
Bally has announced two new executive appointments with a focus on marketing in the Europe, Middle East and Africa (Emea) region. The luxury footwear brand has hired Eva Quirrenbach as chief marketing officer. Also, the company has promoted Silvia Onofri to chief executive of Emea, where she will be responsible ...
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News briefs
Vans has partnered with the Van Gogh Museum in Amsterdam...
Vans has partnered with the Van Gogh Museum in Amsterdam on a capsule collection that incorporates elements from Van Gogh's paintings. These elements are integrated into Vans products including the Classic Slip-On, Old Skool, and Authentic shoes, as well as hoodies, tees, backpacks, bombers and hats. Each footwear model features ...
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News briefs
The Indian government has reduced its new nationwide Goods &...
The Indian government has reduced its new nationwide Goods & Services Tax (GST) on certain products in the fashion, textile and beauty sectors, including relatively inexpensive shoes. The GST on footwear sold at a price of under 1,000 rupees (€12.6m-$14.3m) will be lowered from 18 to 5 percent. More expensive ...
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News briefs
Non-performance sneakers, also known as “athleisure” footwear, is now driving...
Non-performance sneakers, also known as “athleisure” footwear, is now driving growth in the sports leisure category in the U.S., according to NPD's Footwear Insights report for the second quarter of the year. Leisure sneakers - which include sport lifestyle and boots — saw sales increase by 7 percent to $2.9 ...
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Article
Leonardo Di Caprio is investing in Allbirds
Allbirds, the sustainable footwear brand based in New Zealand, has announced Leonardo Di Caprio as a new investor in the company. Besides his Hollywood career, the Oscar-winning actor has long been known for his activism in the fight against environmental change. The amount of Di Caprio's investment has not been ...
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News briefs
Fragiacomo has appointed Alessio Spinelli as its new creative director....
Fragiacomo has appointed Alessio Spinelli as its new creative director. Spinelli has collaborated with other shoe brands including Jimmy Choo, René Caovilla, Lanvin and Prada. He has worked for Roma-based fashion houses such as Roberto Capucci, Sarli and Gattinoni. Meanwhile, he has been developing personal projects, which helped him win ...
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Article
Deckers posts record sales, aided by Ugg
Led by a strong performance by Hoka One One, Ugg and Teva, Deckers Brands posted a strong first fiscal quarter, with revenues reaching a record high of $250.6 million, up by 19.5 percent from the same quarter last year. On a constant currency basis, sales increased by 17.6 percent.Ugg's revenues ...
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Article
Yue Yuen wants to become more agile
Citing intense competition and changing ordering patterns in the industry, the world's largest shoe manufacturer, Yue Yuen Industrial (Holdings) said it will continue to increase automation levels, investing in new technology and process re-engineering to enhance the efficiency of its operations.It said it would leverage its core strengths and competitive ...
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News briefs
USA Dawgs, the company that fought for a decade against...
USA Dawgs, the company that fought for a decade against Crocs, claiming that it was infringing the intellectual property rights of its own clogs, has been acquired by a private equity firm, the Optimal Investment Group, in an asset deal worth $3,250,000. The company, which produces and sells shoes under ...
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Article
Alpargatas conducts a review after a good quarter
The parent company of Havaianas has hired an international consultancy to review the brand's strategic plan in order to accelerate its internationalization and to capture new opportunities for growth in the domestic Brazilian market. Alpargatas is also planning to appoint an executive digital director in the coming months to drive ...
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Short stops
After the sale of its Nine West brand, Sycamore Partners...
After the sale of its Nine West brand, Sycamore Partners has mandated the Lazard investment bank to explore a possible sale of the remaining assets of Nine West Holdings, including Anne Klein, Kasper and its jeanswear and jewelry businesses
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News briefs
According to a German trade magazine, Schuhkurier, Steffen Liebich, owner...
According to a German trade magazine, Schuhkurier, Steffen Liebich, owner of the German Leiser, Schuhhof and Anika Schuh retail chains, recently acquired another important German shoe retail chain, Schalthost. Permactum, the company that owned Schlatholt, was taken over on Aug. 8 by Goal, the holding company of Liebich. According to ...
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News briefs
Velasca, a Milan-based maker of luxury shoes and accessories for...
Velasca, a Milan-based maker of luxury shoes and accessories for men, has secured €2.5 million in a new round of funding led by P101 SGR, an existing backer, with participation from Milano Investment Partners and a group of private investors. It is P101's second investment in Velasca, after the one ...
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Article
BasicNet’s net profit jumps by 87%
BasicNet, the parent company of Kappa, Robe di Kappa, K-Way, Superga and other brands, reported aggregate sales of their products by its global network of licensees of €398.8 million for the first half of 2018, up by 7 percent at current exchange rates and by 10.1 percent in constant currencies ...
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