All Shoe Intelligence articles in Volume 20, Issue 17-18 – Page 2

  • News briefs

    Florida Group has decided to shut down the factory in...

    2018-09-14T00:00:00Z

    Florida Group has decided to shut down the factory in Norwich that produced women's shoes for its Van Dal brand. All production will be moved to Italy and India. Van Dal will continue to be present in Norwich as a new office and warehouse in town are reportedly in the ...

  • News briefs

    Puma has teamed up with Karl Lagerfeld to create an...

    2018-09-14T00:00:00Z

    Puma has teamed up with Karl Lagerfeld to create an exclusive capsule collection featuring items for both men and women. The focus of the collection is Puma's Suede 50 sneaker, which celebrates its 50th anniversary this year. The collaboration on the shoe has resulted in two different unisex styles inspired ...

  • Short stops

    The next World Footwear Congress will be held in Naples...

    2018-09-14T00:00:00Z

    The next World Footwear Congress will be held in Naples next April 4 and 5

  • News briefs

    The Vivarte group confirmed earlier this month the sale of...

    2018-09-14T00:00:00Z

    The Vivarte group confirmed earlier this month the sale of Besson Chaussures to Weinberg Capital Partners, a French investment fund, and to the Philippe Ginestet group, which owns the low-price Tati apparel stores among other retail assets. Besson has been a wholly-owned subsidiary of Vivarte since 1998 and posted revenues ...

  • Article

    The U.S. footwear market is driven by comfortable styles and online sales

    2018-09-14T00:00:00Z

    According to a new report from NPD Group, casual shoes continue to be key growth drivers of the U.S. footwear market, alongside the increase in online shopping, which is also having a major impact on this market. The U.S. footwear market grew by 7 percent in the first half of ...

  • News briefs

    Prada has revived its Linea Rossa collection of sports clothing...

    2018-09-14T00:00:00Z

    Prada has revived its Linea Rossa collection of sports clothing and footwear, first launched in 1997, putting its thin red line on more competitively priced and more contemporary garments with high-tech features for a younger clientele. Some of the items are meant for skiing and or snowboarding. The collection is ...

  • Article

    CVC may close down

    2018-09-14T00:00:00Z

    France's oldest shoe factory, which has an annual production capacity for more than 300,000 pairs, may have to close down in the absence of a serious takeover proposal by Oct. 8. According to well-informed sources, six companies or individuals have asked to look at the accounts of its parent company, ...

  • News briefs

    Following the vertical integration strategy of Hermès Louis Vuitton, Chanel...

    2018-09-14T00:00:00Z

    Following the vertical integration strategy of Hermès Louis Vuitton, Chanel has taken full ownership of two tanners to better secure the supply of high-quality leather, especially for its handbags and other leathergoods. One of them is a Spanish tannery, the Colomer Leather Group. Its revenues had fallen sharply in recent ...

  • News briefs

    Clarks plans to open its first logistics center on continental...

    2018-09-14T00:00:00Z

    Clarks plans to open its first logistics center on continental Europe. The company's new logistics center, covering 10,000 sqm is tentatively scheduled to be opened by the spring of 2020 in Krefeld, Germany. From there, Clarks aims to deal with orders from European wholesale clients and shoe retailers as well ...

  • Article

    Shoe Carnival remains cautious despite strong quarter

    2018-09-14T00:00:00Z

    Things are going well also for Shoe Carnival, which posted better-than-expected sales for its second fiscal quarter, boosted by mid-single-digit sales growth for adult athletic shoes. However, the company issued a more cautious outlook for the balance of the year.Shoe Carnival's sales climbed by 14.2 percent to $268.4 million. Comparable ...

  • Article

    Mixed results for Caleres

    2018-09-14T00:00:00Z

    After a difficult start to its financial year, Caleres improved slightly in the second quarter, boosted by strong results at its big Famous Footwear retail chain. The American group, which is also the parent company of brands such as Naturalizer, Sam Edelman and Franco Sarto, saw consolidated sales for the ...

  • Article

    Rocky Brands’ restructuring efforts pay off

    2018-09-14T00:00:00Z

    After recording heavy losses in 2016, Rocky Brands has been implementing several cost-cutting measures, while updating its manufacturing capabilities. It has now turned a corner, with profits rocketing in the second quarter of this year: net income jumped by 73.3 percent from the year-ago quarter to $2.65 million.The management attributed ...

  • News briefs

    Dogo, the Turkish shoe brand, is expanding its presence in...

    2018-09-14T00:00:00Z

    Dogo, the Turkish shoe brand, is expanding its presence in Germany by opening its second mono-brand store in the country in Cologne, after an opening in Berlin. Reportedly, Dogo plans to open additional mono-brand stores in Germany, at locations like Hamburg, Frankfurt and Munich. It already has stores in Turkey, ...

  • Short stops

    Munich, the Spanish brand of sneakers and football boots, has...

    2018-09-14T00:00:00Z

    Munich, the Spanish brand of sneakers and football boots, has opened two more original stores in the Barcelona area

  • Article

    Journeys boosts Genesco’s results, offsetting Schuh’s problems

    2018-09-14T00:00:00Z

    Thanks to significant gains in revenues and profitability at Journeys, Genesco posted strong results for its second fiscal quarter, surpassing expectations. In contrast with previous performance, the American shoe retail group recorded the first growth in comparable sales in two years, up by 3 percent.However, the company's Schuh Group subsidiary ...

  • News briefs

    Görtz, the big German shoe retailer that recently changed ownership...

    2018-09-14T00:00:00Z

    Görtz, the big German shoe retailer that recently changed ownership and management, is expanding its omnichannel activities by launching a so-called “ship-from-store” service. The inventories of its physical stores are integrated with Görtz' online store. In that way, the stores are also used as warehouses for online orders. Görtz already ...

  • Short stops

    Converse has partnered with Bershka, one of the retail chains...

    2018-09-14T00:00:00Z

    Converse has partnered with Bershka, one of the retail chains of the Inditex group, for an exclusive capsule collection of sneakers and clothing that is also being offered at Asos, Zalando and SSG.com

  • News briefs

    Globus, the Swiss department store chain that belongs to the...

    2018-09-14T00:00:00Z

    Globus, the Swiss department store chain that belongs to the Migros cooperative, has agreed to take over the Navyboot brand and some of its stores in Switzerland and Germany, with effect from next Jan. 1. The terms of the transaction have not been disclosed. Five years ago, Globus acquired Schild, ...

  • News briefs

    We have been informed that Don McCarthy, a figurehead of...

    2018-09-14T00:00:00Z

    We have been informed that Don McCarthy, a figurehead of the British shoe retail sector, die on July 21 of cancer, aged 63. After working for many years at the former Stead & Simpson group, where he ran some of its Ravel and Stylo stores, he founded in 1991 a ...

  • News briefs

    Netshoes, the loss-making e-tailer of sporting goods based in Brazil...

    2018-09-14T00:00:00Z

    Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...