All Shoe Intelligence articles in Volume 21, Issue 1-2
View all stories from this issue.
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Article
New owners, new plans for Mahabis
Mahabis, the London-based producer of slippers with detachable soles and foldable heels, has been acquired by YYX Capital, a private-equity/venture-capital firm that invests in consumer-internet, e-commerce and financial-technology (FinTech) companies. The deal was made with KRE Corporate Recovery, as Mahabis had fallen into administration – a rescue procedure for insolvent ...
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News briefs
Rucoline has reviewed its strategy and will now only sell...
Rucoline has reviewed its strategy and will now only sell its men's collection under the label Rcln Progetto. Meanwhile, the Italian company's women's collection will be labeled Rucoline for the main collection and Rcln for capsule collections aimed at a younger target.
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News briefs
Müller Meirer, a German manufacturer of leathergoods and leather shoes,...
Müller Meirer, a German manufacturer of leathergoods and leather shoes, recently assigned Uwe Janzen to the newly created position of sales director for shoes and international sales. The 59-year-old will be responsible for developing new export markets and expanding the footwear segment. Müller Meirer has specialized in leathergoods licensing for such brands ...
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News briefs
The Premium Group of trade shows for fashion, footwear and...
The Premium Group of trade shows for fashion, footwear and accessories that participate in the Berlin Fashion Week, is currently negotiating an agreement with the City and the Senate of Berlin that would help it to utilize the former Tempelhof airport, where the Bread & Butter show organized by Karl-Heinz ...
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Article
Expo Riva Schuh holds steady
The 91st edition of Expo Riva Schuh, held Jan. 12-15, attracted about 13,000 visitors, roughly in line with the numbers registered a year earlier. The tally includes the visitors to the two main fairgrounds of the international trade show: the Gardabags show near Lake Garda, which was in its second ...
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News briefs
Eram, the French footwear retailer, is testing a new service...
Eram, the French footwear retailer, is testing a new service of home delivery. The pilot project, in partnership with Shopopop, is being tested in Nantes, a city with a population of around 300,000 in the western part of the country. The service is offered in cases in which the customer ...
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Article
Footasylum issues a profit warning, due to high discounting
Footasylum says it faced greater than expected promotional and clearance activity in the 18 weeks to Dec. 29 due to difficult trading conditions, prompting the British sports lifestyle retailer to issue a profit warning. This is in line with warnings made by other U.K. retailers like Asos and Sports Direct indicating ...
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Article
Mixed market conditions in Europe
Across all the sectors, British retailers suffered the worst month of December in a decade in terms of sales, but they are not the only ones to be concerned. Aside from the disruption of traditional business models caused by the expansion of online sales, there are alarming signs that the ...
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News briefs
RG Rossi e Galié, the Italian company specializing in kids'...
RG Rossi e Galié, the Italian company specializing in kids' shoes, has signed a global partnership deal with Simonetta for the production and distribution of Simonetta girls' shoes. The deal will be effective from autumn/winter 2019/20. RG and Simonetta were already collaborating on the production of Emilio Pucci and Balmain ...
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News briefs
Salvatore Ferragamo has hired eight web gurus, commonly referred to...
Salvatore Ferragamo has hired eight web gurus, commonly referred to as “influencers,” to help the company develop a new digital project focusing on the designer's Gancini monogram range. The eight influencers, who have been asked to create a series of short movies, are Aureta, Bryan Boy, Diet_Prada, Susie Bubble, Caroline ...
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News briefs
Collonil, the German supplier of shoe polish, has developed its...
Collonil, the German supplier of shoe polish, has developed its first sneaker in cooperation with Hikmet Sugoer, sneaker pioneer and designer as well as collector of more than 800 pairs of sneakers. Sugoer created the Solebox chain of sneaker stores, which he sold to Snipes at the end of 2015. He ...
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News briefs
For its urban outdoor collection, Keen has developed a new shoe...
For its urban outdoor collection, Keen has developed a new shoe model, called Innate x Sherpa, together with Sherpa Adventure Gear, the U.S. outdoor brand of garments and accessories from Nepal. The model will be presented for the first time at the Ispo 2019 show in Munich. For each pair of ...
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Article
Clarks may stop manufacturing shoes in the U.K.
Clarks announced a few days ago that it plans to put an end to “Morelight,” a pilot program for robot-assisted shoe manufacturing close to its global head office at Street, in Somerset. The company said it has started a period of consultation with its 70-odd workers to verify the viability ...
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News briefs
Kaia Gerber is the new face of Jimmy Choo, the London-based luxury...
Kaia Gerber is the new face of Jimmy Choo, the London-based luxury shoe brand. The 17-year-old model from the U.S., who is Cindy Crawford's daughter, is appearing in the marketing campaign for this year's spring/summer collection, which was photographed by Steven Meisel. It will feature a leather bag, sandals, sneakers and ankle ...
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Article
A new chairman with a modern vision will head up India’s CLE
Aqeel Ahmed Panaruma, chairman and managing director of Florence Shoe Company in the state of Tamil Nadu, became on Jan. 17 the new chairman of India's Council for Leather Exports, taking the place of Mukhtarul Amin. Sanjay Leeka will serve as vice chairman.The organization, which is sponsored by the Indian ...
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News briefs
The chairman and chief executive of Tod's, Diego Della Valle,...
The chairman and chief executive of Tod's, Diego Della Valle, has struck a deal with the French bank Crédit Agricole to buy a 5.13 percent interest in the Italian luxury shoe company controlled by his family, lifting their stake to 65.8 percent. According to a filing with the Italian stock ...
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News briefs
In a preliminary report, CCC said that its total revenues...
In a preliminary report, CCC said that its total revenues increased by 14 percent in 2018 to about 3.86 billion zlotys (€901m-$1.024bn). In a separate document, the Polish-based shoe retailing group stated that its German subsidiary had a loss of €15 million in the first nine months of last year, ...
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Article
Shoes are in the top category of online cross-border shopping
“Clothing/apparel, footwear and accessories” is the No. 1 cross-border category for online shopping. A global study titled PayPal Cross-Border Consumer Research 2018, conducted by Ipsos for Paypal, has revealed that 68 percent of online cross-border shoppers among those surveyed for the study purchased items in that category from e-commerce sites ...
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Shoe Carnival
Another big publicly listed American shoe retailer, Shoe Carnival raised its sales and profit guidance for the fiscal year ending Feb. 2, 2019. It now expects sales to be approximately $1,028 million and comparable store sales to rise by approximately 4 percent.The company's previous guidance was calling for sales in ...
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News briefs
Wortmann, the German shoe producer that owns the Tamaris, Jana, Caprice,...
Wortmann, the German shoe producer that owns the Tamaris, Jana, Caprice, Be Natural and Marco Tozzi brands of footwear, has signed a new licensing deal with Meier Lederwaren, the leathergoods maker in Offenbach, Germany, for its product line of bags. The contract with Tamaris Accessories, of Obertshausen, will end on Nov. ...
