All Shoe Intelligence articles in Volume 20, Issue 23-24
View all stories from this issue.
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Article
Lower results for Vulcabras
After recording improved results for several quarters, the parent company of Olympikus and Azaleia reported lower sales and profits for its third quarter, just as it is gearing up to take over the distribution of Under Armour in Brazil, producing some of its shoes locally.In contrast with an apparent end ...
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Article
New management, new lines for Lumberjack
Lumberjack, the Italian brand of casual footwear, is diversifying into the sports and outdoor sectors and moving into new foreign markets while coming under new management. Erkan Emre, who has worked for 17 years for the Turkish group that took over Lumberjack in 2012, has been appointed as its chief ...
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News briefs
Sabu, the German voluntary group of independent shoe retailers, has...
Sabu, the German voluntary group of independent shoe retailers, has redesigned its online presence. A new website, laufgut.de, was launched under the slogan “Wellness for the feet.” There consumers can search for retailers and obtain information on products and brands. Each retailer has its own presentation, with photos, brand names, ...
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Article
Gallery Shoes wants to be more modern and international
Like the former GDS, the new Gallery Shoes fair, launched in Düsseldorf in August 2017, wants to attract a higher proportion of foreign exhibitors and buyers. Among other initiatives, a multilingual team will assist visitors at new digital registration columns that will replace the traditional counters at the entrance of ...
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Article
Ukrainian shoe industry sees threats in growing foreign trade
In the first ten months of 2018, Ukraine exported shoes worth $149 million, 23.1 percent more as compared to the same period of the previous year, says the Ukraine Light Industry Association (UkrLehProm). It pointed out, however, that the country's international trade in the sector is bringing not only opportunities, ...
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Article
A removable-upper firm seeks an investor
ACBC, an Italian start-up company that is offering a patent-pending modular footwear technology, is looking for an investor to help support its strong development. The majority of its capital is currently held by the company's founders, Gio Giacobbe and Edoardo Iannuzzi.The shareholders have mandated an Italian bank, Banca Sella, to ...
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News briefs
Six Italian fashion-related trade shows – Micam, Mido, Mipel, Milano...
Six Italian fashion-related trade shows – Micam, Mido, Mipel, Milano Unica, Lineapelle and The One Milano – staged a collective presentation during the China International Import Export (CHE) fair in Shanghai on Nov. 5 to 10. Called “The Garden of Lifestyle,” it was organized by their new umbrella federation, Confindustria ...
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Short stops
Zalando plans to raise the number of its factory outlets...
Zalando plans to raise the number of its factory outlets in Germany from five to 11 by 2020
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Article
Russian online retailer expands into the shoe segment
One of the Russian biggest online retailers, Ozon, said at a recent conference in Moscow that it wants to expand sales of footwear through its website by a factor of ten. It also wants to sell more clothing.At the moment, Ozon is perceived by Russian customers mainly as an internet ...
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News briefs
The tax evasion inquiry involving Gucci, part of the Kering...
The tax evasion inquiry involving Gucci, part of the Kering luxury conglomerate, is reportedly leading to a formal request for a trial. According to reports by Reuters, which quote “a judicial source,” Milan prosecutors have wrapped up their investigation into alleged tax evasion of around €1 billion, paving the way ...
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Article
EU sales of shoes grow faster in the less mature markets
According to a study conducted by the Institute for Retail Research (IFH) in Cologne together with BBE, a German consultancy for the retail industry, consumers in the 28 member countries of the European Union spent about €67 billion on shoes in 2017. This amounted to an average consumption per capita ...
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News briefs
Rolf Schäfer, a local entrepreneur specializing in sheepskin trading, has...
Rolf Schäfer, a local entrepreneur specializing in sheepskin trading, has obtained the authorization of Pirmasens' city council to set up a “Schuhstadt Pirmasens” (Pirmasens Shoe City) in the center of the German town, where many shoe companies are based. The €12 million project involves the construction of a new shopping ...
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Article
DSW raises guidance as it posts strong profits
The big American shoe retailer lifted its outlook for the full financial year after reporting better-than-expected profits in the third quarter, along with strong same-store-sales. The group's net income soared from $4.0 million in the third quarter of 2017 to $39.3 million in the latest quarter. The company now expects ...
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News briefs
Skechers is partnering with local non-profit organizations to donate goods...
Skechers is partnering with local non-profit organizations to donate goods for wildfire victims who have lost their homes and personal possessions after the disasters in northern and southern California. Additionally, Skechers has announced a state-wide fundraising campaign at Skechers California retail stores through the holiday season. The occasion was Giving ...
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Article
Spanish shoe exports decline
In the first nine months of 2018, Spain exported 122.7 million pairs of shoes for a value of €2.108 billion. Fice, the Spanish shoe industry federation, said this amounted to decreases of 1 percent in value and a 3.6 percent in volume from the comparable period of 2017. But it ...
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News briefs
A customer, Sherry Foster, has filed suit in New York...
A customer, Sherry Foster, has filed suit in New York District court against Skechers, claiming that the batteries in her son's S-Lights sneakers leaked and gave him second-degree burns. She is attempting to gain class certification for all buyers of footwear containing Ni-Cad batteries since Nov. 7, 2015. The suit ...
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Article
Le Coq’s owner saves a French shoe plant
Compagnie Vosgienne de la Chaussure (CVC), the French shoe factory sold by the Vivarte group to a German investment fund at the end of 2016, has found a new investor, just as it was about to be liquidated. Petrus Finance, a Swiss holding company that indirectly controls Le Coq Sportif, ...
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News briefs
El Corte Inglés has entered a wide-ranging cooperation with the...
El Corte Inglés has entered a wide-ranging cooperation with the Alibaba Group, covering cloud computing, trading, logistics and smart payments. The Spanish department store chain, which is a major player in the domestic sporting goods market, will have access to Alibaba's software solutions for large data analysis and customer relationship ...
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News briefs
Deichmann is publicly supporting the German consumer protection foundation and...
Deichmann is publicly supporting the German consumer protection foundation and its key issue, consumer protection for refugees. The German shoe retail chain is donating a total of €40,000 for two of the foundation's projects. First is “WebiTipp,” a combination of a website and social media channels in both German and ...
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Article
Micam is working on a more “customized” concept
The organizers of the world's largest footwear trade show say they are putting in place a number of strategies on the communication front and others to help create an increasingly “customized” event for all the participants.For this purpose, they have carried out an in-depth analysis of Micam's exhibitors and visitors, ...
