All Shoe Intelligence articles in Volume 20, Issue 21-22
View all stories from this issue.
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News briefs
Sabine Schmitz is leaving Legero to join the Josef Seibel...
Sabine Schmitz is leaving Legero to join the Josef Seibel group on Jan. 1 as designer of lounge shoes for its Romika brand. That has been her specialty at Legero since 2004. Prior to that, she worked for Elefanten.
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Article
Wolverine rides higher
The divestiture of Sebago and the military business caused a 3.9 percent decline in sales at Wolverine Worldwide, down to $558.6 million, in its third quarter ended Sept. 29. On a comparable basis, sales inched up by 0.5 percent, but they were up by 1.5 percent excluding the leather business ...
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Article
Kurt Geiger sees higher sales and profits
Kurt Geiger gave a strong performance in its latest financial year, ended on Jan. 27. The British high-end retailer's revenues were down by 3.9 percent to £324.58 million (€367.0m-$417.0m), but this was only because the previous financial year covered 13 months, thanks to a change in the financial calendar. Excluding this ...
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News briefs
Peter Frericks joined Hamm Market Solutions as international sales manager...
Peter Frericks joined Hamm Market Solutions as international sales manager for the Scotch & Soda brand this November. Hamm has signed a new licensing deal for a line of men's and women's shoes that will be launched under the Scotch & Soda brand in the spring of 2019. Frericks, who ...
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Article
Florsheim is a star at Weyco Group
After a strong second quarter that saw a return to growth after many months of decline, Bogs posted lower sales for the third quarter. The brand's revenues for the three months to Sept. 30 fell by 5 percent from the year-ago quarter.The brand's parent company, the Weyco Group, said that ...
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Article
Farfetch grows strongly
A concrete sign of this trend was a 53 percent increase to $306 million in the gross merchandise value reached by Farfetch in its third quarter. The high-end e-tailer, which went public a few weeks ago (see our previous issue), said the growth was double the rate of the industry.José ...
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Short stops
S. Oliver Shoes will exhibit for the first time at...
S. Oliver Shoes will exhibit for the first time at the next Expo Riva Schuh show, taking place in Italy from Jan. 12 to 15, joining Ara, Rieker, Wortmann and many other important companies that find it important to start taking orders early
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News briefs
Golden Goose says it is planning to introduce an “emotive...
Golden Goose says it is planning to introduce an “emotive customization” concept at a new store that it will open in Milan in January, called Golden Goose Lab, where its craftsmen will adapt existing models to the customers' wishes. Silvio Camapara, chief executive of the Italian brand of distressed sneakers ...
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News briefs
Moda Made in Italy will take place one week earlier...
Moda Made in Italy will take place one week earlier than originally planned one year from now. The shoe show organized in Munich twice year by Assocalzaturifici, the Italian shoe industry association, is now scheduled to run from Sept. 29 to Oct. 1, 2019, simultaneously with the Oktoberfest, the traditional ...
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Short stops
Dr. Martens is opening its third German store in a...
Dr. Martens is opening its third German store in a central location of Berlin on 60 square meters
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Article
Difficult quarter for Grendene
Grendene had a tough third quarter, weighed down by weak exports. Its shipments out of Brazil tumbled by 17.7 percent in volume to 7.2 million pairs during the quarter, although they rose in terms of value. The management said various problems affected the business as a whole, but pointed in ...
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News briefs
Wanda Miletti Ferragamo, the widow of Salvatore Ferragamo, has died...
Wanda Miletti Ferragamo, the widow of Salvatore Ferragamo, has died at the age of 96. Wanda took over from her late husband the eponymous Florence-based brand after he died in 1960, when she was 39 years old. She was 24 years his junior. Salvatore Ferragamo was known for making custom-made ...
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News briefs
Tod's is pursuing further its project of developing an unconventional...
Tod's is pursuing further its project of developing an unconventional line of products with a contemporary lifestyle, called No_Code. The newest product for this season is a so-called “shoeker,” a patented name which stands for a combination of a regular shoe and a sneaker. Designed in collaboration with a Korean ...
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Article
Deckers raises guidance as earnings rocket
Thanks to continued profitability gains by Ugg and top-line growth by Hoka One One, Deckers Brands raised its guidance for the full year through next March, budgeting higher earnings on sales that should reach a range of $1,935 million to $1,960 million.The group's net earnings for its second fiscal quarter ...
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Article
Crocs makes a surprising profit
After reporting better-than-expected earnings for the third quarter, led by strong demand for its clogs and sandals, Crocs has raised its guidance for the full year. The company's shares boomed after the announcement, rising by more than 9 percent.Net income rocketed from $1.6 million in the third quarter of 2017 ...
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News briefs
Store traffic in the U.K. saw its second consecutive quarterly...
Store traffic in the U.K. saw its second consecutive quarterly 2 percent decrease year-on-year in October, according to Springboard, a provider of retail data and analysis. This marks 11 straight months of steady decline. Springboard advances two explanations: first, a tendency among consumers to wait for Black Friday and holiday ...
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News briefs
The Serafin group, the Munich-based holding company that invests in...
The Serafin group, the Munich-based holding company that invests in medium-sized businesses, has successfully acquired Bama, German manufacturer of shoe care products. The product portfolio includes polish, balm, protectors and deodorants, a variety of insoles and accessories such as laces. The products are distributed under the Bama and Woly brands in ...
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Short stops
Vagabond launched a very limited collection of men's shoes on...
Vagabond launched a very limited collection of men's shoes on Oct. 23 that could only be booked on its online store
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News briefs
The Natural Store has filed for voluntary liquidation, closing its...
The Natural Store has filed for voluntary liquidation, closing its two stores in the Chelsea and Covent Garden districts of London. The retailer claimed to have opened the first shoe store on Neal Street in 1977, followed by many others. It is the property of The Boot Tree, which is ...
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News briefs
Christian Louboutin, the French fashion designer known for his stiletto...
Christian Louboutin, the French fashion designer known for his stiletto heels and red-lacquer soles, has launched his first line of shoes for babies, aged six to nine months. They are available in red satin and in two patterns drawn from the adult spring/summer 2019 collection. All have the signature red ...
