All Shoe Intelligence articles in Volume 20, Issue 5-6 – Page 5
-
News briefs
Birgit Adels, a former partner of Heidrick & Struggles in...
Birgit Adels, a former partner of Heidrick & Struggles in charge of recruitment in the fashion and luxury sectors, is the new chief executive of Liebeskind Berlin. Among other stations, she has been running Viktor & Rolf and the Northern European operations of the Prada Group.
-
News briefs
BasicNet said the Superga brand experienced strong growth across all...
BasicNet said the Superga brand experienced strong growth across all American countries last year. Sales increased by 99 percent in Argentina and by 94 percent in Chile. The Brazilian market grew by 40 percent. Sales in the U.S. rose by 27 percent. The Asian market slowed down compared with the ...
-
Article
Sarenza may be acquired by Casino Group
Monoprix, a subsidiary of Casino Group, has announced that it has entered into exclusive negotiations to acquire Sarenza, the European online shoe retailer. Casino is one of the main players of the French retail ecosystem. The group has more than 12,000 stores worldwide, located in France, Latin America and the ...
-
Short stops
Geox' board approved the merger by absorption of a wholly-owned...
Geox' board approved the merger by absorption of a wholly-owned subsidiary, G.R. MI, which owns five Geox stores in Lombardy managed by the parent company
-
News briefs
Wolverine Worldwide has become the target of at least 90...
Wolverine Worldwide has become the target of at least 90 individual lawsuits alleging that its now closed tannery in Kent County, Michigan, polluted drinking water with toxic chemicals used by 3M to waterproof its leather, starting with its Hush Puppies shoes in 1958. About 20 sites are said to have ...
-
News briefs
Footwear News, a 73-year-old American trade magazine for which the...
Footwear News, a 73-year-old American trade magazine for which the editor of Shoe Intelligence worked for 13 years, has launched a revamped website after explosive growth over the past three years. Its alerts are also read by a growing number of consumers who are looking for the latest sneakers and ...
-
Article
Deichmann grows by 6%
Deichmann announced that its sales in terms of volume increased by 3 million pairs to a total of 176.6 million pairs in 2017, as compared to the previous year. The leading European shoe retailing group reported that its gross sales, adjusted for currency exchange effects, rose by 5.9 percent in ...
-
Article
The German shoe industry’s sales grow by 5.9%
The “sneaker hype” again helped boost shoe exports from Germany in 2017. According to federal statistics, exports of sports shoes with textile and leather uppers rose last year by 22.2 percent to 41 million pairs. Overall sales abroad of shoes with textile uppers went up by 17.9 percent and those ...
-
News briefs
China's central government has set a target of 6.5 percent...
China's central government has set a target of 6.5 percent growth for its Gross Domestic Product for 2018, the same that it had set for last year, but with a higher quality level. In reality, China's economic growth went beyond the government's expectations in 2017 with an estimated rise of ...
-
Short stops
Henri Hempe, a 41-year-old former manager of Obi, has been...
Henri Hempe, a 41-year-old former manager of Obi, has been promoted by the Polish CCC retail group from head of sales to country manager for Germany
-
Short stops
Ara has opened its first sneaker store as a 40-square-meter...
Ara has opened its first sneaker store as a 40-square-meter pop-up shop-in-shop in the Schuh Reindl store in Rosenheim, Germany
-
News briefs
Myanmar has increased by 33 percent the minimum wage for...
Myanmar has increased by 33 percent the minimum wage for workers in the garment industry, which will be of MMK 4,800 (€2.9-$3.6) per day, or MMK 600 (€0.36-$0.44) per hour. The current basic daily salary is MMK 3,600 (€2.7-$3.3), a rate which was established in September 2012. The raise will ...
-
Article
Prada pledges return to growth in 2018
The Prada Group expressed confidence that it is writing a “new chapter” in its history and that it is reasonable to expect organic revenues to grow by a “mid to high single-digit” rate this year, putting an end to a steady stream of declines since 2014. Such growth would translate ...
-
Article
Geox’ 2017 net profit surges after restructuring
Geox finished 2017 with a net profit of €15.4 million, up sharply from €2.0 million in the previous year as it benefited from the fruits of a major reorganization process. The board decided to increase the annual dividend to €0.06 per share, representing a total outlay of €15.6 million, up ...
-
Article
Online retailing makes up 20% of the German shoe market
The management of the German shoe retailers' federation, BDSE, reported an increase of 1.5 percent for the German shoe retail trade, but estimated that sales of footwear over the internet grew at a stronger rate of 7 percent, down from their previous double-digit increases. Across all sales channels, including the ...
-
News briefs
Salvatore Ferragamo will ask shareholders to approve on April 20...
Salvatore Ferragamo will ask shareholders to approve on April 20 a resolution authorizing the company to overcome the principle of one share one vote. Under Italian legislation passed in 2014, listed companies can introduce a loyalty bonus granting up to two voting rights to investors holding shares for at least ...
-
News briefs
The organizers of the 20th UITIC Congress, due to take...
The organizers of the 20th UITIC Congress, due to take place in Porto on May 16-18, have announced the first two speakers. AMF, a Portuguese shoemaker that markets a brand called To Work For, will present a new technology that allows the manufacture of shoes in leather and other traditional ...
-
Short stops
Giuseppe Zanotti reportedly increased sales by 2.9 percent to €177...
Giuseppe Zanotti reportedly increased sales by 2.9 percent to €177 million in 2017
-
News briefs
Hermès has just announced an 11 percent jump in net...
Hermès has just announced an 11 percent jump in net earnings to €1.2 billion for 2017. The company's operating margin grew further to 34.6 percent. As reported in the previous issue, the growth in Hermès' turnover slowed down to 7 percent last year, making it reach a level of €5.5 ...
-
Short stops
Ricosta says it is using 100% recycled Sympatex membranes for...
Ricosta says it is using 100% recycled Sympatex membranes for the linings of its latest children's shoe collection
