All Shoe Intelligence articles in Volume 20, Issue 7-8 – Page 2
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Article
Stella is expanding in Europe
Stella International managed to grow its revenues in 2017 thanks to the strength of its athleisure range. While fashion footwear remained the biggest contributor to the Chinese shoe manufacturer's overall revenues - accounting for 38.6 percent of the total turnover - the contributions from casual footwear and fashion athletics were ...
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Article
Zara starts exporting shoes from Russia to the EU
Inditex, the big parent company of Zara and other retail chains, has signed the first contracts to export shoes and clothes manufactured in Russia to Spain, said Viktor Evtukhov, Deputy Russian Industry and Trade Minister, during a press-conference in late March. Inditex signed contracts last year with 11 Russian factories. ...
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News briefs
Skechers is expanding the launch of its limited edition Skechers...
Skechers is expanding the launch of its limited edition Skechers D'Lites & Toei Animation One Piece collection, a colorful collection uniting Toei Animation's anime series with Skechers D'Lites footwear, to Europe. The limited edition was originally launched in South Korea and China, with a launch reportedly upcoming in the U.S. ...
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Article
The Eurasia Union limits duty-free e-commerce
The Eurasian Economic Union is introducing new limits on duty-free purchases from the foreign online retailers. The current limit of €1,000 on the combined value of monthly orders by citizens in the economic area is set to be lowered to €500 from Jan. 1, 2019 and to €200 from Jan. 1, 2020. ...
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News briefs
The Hooijer Group, the Dutch distribution partner of Sioux, has...
The Hooijer Group, the Dutch distribution partner of Sioux, has opened the first Grashopper mono-brand store in Maastricht. The store was developed together with Bert Koelmann, an architect from the Netherlands. On about 40 sqm, about 100 Grashopper shoe models are offered, including a special collection that was developed together ...
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News briefs
German shoe retailers suffered a double-digit sales decline in the...
German shoe retailers suffered a double-digit sales decline in the first quarter of 2018, due especially to a cold and wet month of March. According to the European Clearing Center, they fell by 16 percent during the period. The latest data indicate that they scored slightly better at the beginning ...
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News briefs
Lumberjack made its debut in the Moto GP on March...
Lumberjack made its debut in the Moto GP on March 18 in Losail, Qatar, at the opening race of this year's Moto GP championship. On that occasion, the brand introduced its new testimonial, Franco Morbidelli, who was also making his debut in the Moto GP category. Morbidelli was the European ...
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News briefs
Here is a French shoe company that is growing fast,...
Here is a French shoe company that is growing fast, while others like J.B. Martin are in trouble: Thanks to a rejuvenated and more colorful collection, Hirica raised its sales last year by 30 percent to €4.2 million and is targeting a 15 percent increase for 2018 with the recent ...
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News briefs
Kenneth Cole has signed a four-year licensing and distribution deal...
Kenneth Cole has signed a four-year licensing and distribution deal for the Europe, Middle East and Africa (EMEA) market with Global Brands Group Europe Footwear and Accessories. The UK-based corporation, which is part of the Fung group, will distribute men's and women's footwear from the company in select countries across ...
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Article
Otto Group stops selling shoes and clothes online in Russia
The German-based Otto Group is about to close two online stores, Quelle.ru and Otto.ru, which sell shoes and clothing in Russia, among other products. Company officials said that Otto is also closing marketplaces operating outside the German-speaking countries, where the group wants to focus in the future.A Russian consulting agency, ...
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News briefs
Selfridges, the chain of high-end department stores in the U.K.,...
Selfridges, the chain of high-end department stores in the U.K., has chosen the Bullring in Birmingham in which to open its second Shoe Galleries concept. The new 15,000-square-foot space, which is located on level four of the Selfridges' store, offers around 1,700 different styles from nearly 50 international designers including ...
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Article
Shoe Carnival posts weak sales
The share price of Shoe Carnival dipped by 5.5 percent after the American shoe retail chain posted sales for the fourth quarter that missed Wall Street expectations and issued a weak outlook for the year ahead. The management cited lower promotions as well as challenges from last year's hurricanes.Sales for ...
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News briefs
Ecco has teamed up with Cambridge Design Partnership (CDP), a...
Ecco has teamed up with Cambridge Design Partnership (CDP), a technology partner based in both Cambridge, U.K. and Palo Alto, California, on a new project for the data-driven customization of footwear. The project, called Quant-U (“quantified you”), is said to allow for a full digital analysis of the consumer's foot ...
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Article
A tough year for brick-and-mortar shops in the U.K.
With 5,855 store closures in 2017, the U.K.'s main shopping streets experienced the worst year in this respect since 2010. Shoe retailers and fashion shops were among the segments that suffered the most from the rise of internet shopping, together with travel agencies, banks and real estate agents. Similar developments ...
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Article
Top luxury goods brands are hot
Like the two big German athletic footwear companies, Adidas and Puma, which we report about regularly in Sporting Goods Intelligence Europe, two of the three major French luxury goods groups surprised financial analysts with the strength of their results for the first quarter of this year.Maintaining the strong sales momentum ...
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News briefs
The international Cookies show for kids' shoes and lifestyle brands in...
The international Cookies show for kids' shoes and lifestyle brands in Berlin will no longer take place. The summer edition of the show, scheduled for July 3-5, was cancelled earlier this month. The Cookies show was held twice in Berlin. The first edition took place at Kraftwerk Berlin under the same ...
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News briefs
The Vivarte Group has sold its Naf Naf brand of...
The Vivarte Group has sold its Naf Naf brand of affordable women's wear to a Chinese group, La Chapelle Fashion Company, for €52 million. This leaves the French group with only two subsidiaries, Besson and Chevignon, that are still looking for new investors. Vivarte has already divested many other holdings ...
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News briefs
Filling Pieces, a special Dutch brand of sneakers, has developed...
Filling Pieces, a special Dutch brand of sneakers, has developed its first collection of apparel, using the same combination of luxury materials and technical fabrics, in collaboration with Barneys. The American fashion retailer will sell it exclusively at its flagship stores in New York and Los Angeles as well as ...
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Short stops
Bloomingdale's has renovated and expanded its footwear department at its...
Bloomingdale's has renovated and expanded its footwear department at its flagship store in New York
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Article
Big quarterly gains, but weak outlook for Skechers
Skechers USA again posted record revenues for the first quarter ended March 31, after surpassing the threshold of $4 billion in annual sales for the first time in 2017. However, investors apparently felt that the brand's strong momentum may be softening, sending the share price down by nearly 24 percent, ...
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