All Shoe Intelligence articles in Volume 20, Issue 19-20
View all stories from this issue.
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Article
Shoe Zone’s sales and profits to rise
In contrast with many other U.K. retailers who have been issuing profit warnings, Shoe Zone issued a more positive update on Oct. 17, ahead of the final report on its full-year results, saying that both sales and profits rose during the 52 weeks to Sept. 29.Revenues increased by 1.8 percent ...
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Article
New management for Pikolinos
Pikolinos has a new general manager, Manel Jadraque, who previously served as an adviser to the Spanish family-owned shoe company, which has been led for the past couple of years by Juan Manuel Peràn and other members of his family. Jadraque takes the place of Georges Bassoul after six years ...
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Short stops
Lloyd Shoes has opened a mono-brand store in Lima, the...
Lloyd Shoes has opened a mono-brand store in Lima, the capital of Peru
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Article
Po-Zu is moving to the next level
An older shoe company, Po-Zu went through a successful round of crowdfunding earlier this year, raising more than it expected on the strength of its persistent message of sustainability. Sven Segal, who founded the company in 2006, says he is very happy that this message is finally beginning to resonate ...
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News briefs
Yoox Net-a-Porter (YNAP) is launching a special section on its...
Yoox Net-a-Porter (YNAP) is launching a special section on its luxury Net-a-Porter women's website to celebrate its partnership with the Make-A-Wish Foundation, a charity that helps grant wishes to ill children in the U.K. The website section offers 16 pieces of jewelry taking inspiration from the Make-A-Wish logo and star, ...
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Article
Kering plans to move some logistic staff from Switzerland to Italy
Kering has announced that its Luxury Goods International (LGI) subsidiary will move about 150 of its employees from the Cadempino headquarters in Switzerland to the facilities of individual brands or other group offices in Italy within the first half of 2019. LGI is the Swiss-based company that manages the distribution ...
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News briefs
Timberland has opened a temporary space in the heart of...
Timberland has opened a temporary space in the heart of Milan, in Piazza XXV Aprile 9, exclusively designed for women, under the artistic direction of Saturnino Celani. The event, which will run until Oct. 21, is part of a Timberland Studio project and follows similar events in London, Amsterdam and ...
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Article
Marthalouisa.com goes under
It is said that “a soufflé cannot rise twice,” and this certainly seems to apply to the shoe industry. After a short and unsuccessful foray back into the luxury shoe market, Susanne and Christoph Botschen have wound up their Martha Louisa website after only six months.Their initiative was described as ...
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Article
Online growth and squeezed margins for Footasylum
Footasylum, the British sneaker-focused retailer, saw Ebitda swing into negative territory with a loss of £1.5 million (€1.7m-$2.0m) for the 26 weeks ended on Aug. 25 from a profit of £4.4 million in the year-ago period, in spite a 19 percent sales increase to £98.6 million (€112.1m-$128.4m).The company blamed the ...
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Article
Farfetch gets a high valuation
The 10-year-old internet marketplace for luxury brands and retailers fetched a particularly high valuation of more than $5.8 billion when it went public on the New York Stock Exchange on Sept. 25, although the company is still making losses. Evidently, investors felt that it will be a very profitable company ...
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Article
Italy’s exports grow faster than expected
Italy's shoe production declined by an estimated 1.2 percent during the first half of this year, according to the country's shoe industry association, Assocalzaturifici. While the Italian households' consumption retreated by 1.6 percent during the period, the country's shoe exports went up by 4.0 percent in terms of value.Exports declined ...
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News briefs
Eram, the French shoe manufacturer and retailer that took over...
Eram, the French shoe manufacturer and retailer that took over Mellow Yellow in 2011, has decided to stop marketing a line of clothing under the brand after offering a big collection for the autumn/winter 2017/18 season. Run since last June by François Feijoo, a former general manager of the André ...
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Article
Serafini sees light at the end of the tunnel
Serafini, one of the first Italian shoe manufacturers to have come out with classical sneakers, is apparently coming out of a difficult period, after completing a cleanup of its domestic distribution network to reposition the brand toward more upmarket retailers.Avoiding the stylish excesses of new Italian sneaker brands such as ...
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News briefs
Ron Fromm is retiring at the end of this year...
Ron Fromm is retiring at the end of this year as president and chief executive of the Fashion Footwear Association of New York (Ffany) after four years in the post. A veteran of the American footwear sector, he worked for many years for Brown Shoe Co., now called Caleres, building ...
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News briefs
The last edition of Mosshoes, one of the major shoe...
The last edition of Mosshoes, one of the major shoe shows in Moscow, closed on Sept. 13 with stable attendance by about 12,000 visitors. The show hosted more than 1,000 brands from 30 countries.
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Short stops
Mephisto has successfully moved a store in Düsseldorf from the...
Mephisto has successfully moved a store in Düsseldorf from the Shadowstrasse to the Königsallee
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Article
Foreign markets drive Skechers to new heights
Skechers USA has seen its shares rise by as much as 8 percent after posting profits that beat estimates. Although the footwear maker's net income fell by 1.7 percent from the year-ago quarter to $90.7 million, this was significantly higher than the level anticipated by Wall Street. Investors also welcomed ...
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News briefs
Selfridges, one of the few major department store organizations that...
Selfridges, one of the few major department store organizations that are performing well, has reported a slightly increased net profit of £181 million (€205.6m-$235.0m) on 11.5 percent higher sales of £1.75 billion (€2.0bn-$2.3bn) for the financial year ended Feb. 3. The management told The Times that one of the factors ...
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Article
Mixed data for Spanish shoe exports
Spain's footwear exports grew by 1.2 percent in value in the first six months of this year, reaching €1,393.5 million. The country's trade deficit in the sector, which had first emerged in the first half of 2017 (Shoe Intelligence Vol. 19 N° 17+18 of Sept. 14, 2017), was slightly reduced ...
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Article
Naples will host the World Footwear Congress
The 20 national shoe industry associations that form the Confederation of the European Footwear Industry (CEC) have agreed to hold next year's World Footwear Congress in Italy, the country with the largest and most sophisticated production apparatus on the continent. Micam, the world's largest footwear trade show, will be the ...
