All Shoe Intelligence articles in Volume 21, Issue 13-14
View all stories from this issue.
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Article
Office seeks refinancing
Truworths International of South Africa has started talks with lenders to restructure the debt of Office, the British footwear retail chain that it bought at the end of 2015 for £250 million (€278.7m-$310.3m). It has appointed Alvarez & Marsal Europe and Deloitte as advisors.Office is reported to have debts of ...
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News briefs
Performing less well than in the recent past, Vulcabras reported...
Performing less well than in the recent past, Vulcabras reported an increase in net revenues of only 2.7 percent to 299.8 million Brazilian reais (€69.0m-$77.7m) in the first quarter of this year. With a minimal contribution from the company's new distribution contract for Under Armour in Brazil, sales of athletic ...
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News briefs
Vans has signed a lease to step into a space...
Vans has signed a lease to step into a space in Oxford Street, London, which was previously occupied by Miss Selfridges, according to reports in the Evening Standard. The new Vans flagship store will therefore be located close to the Nike flagship store. The new Vans shop is expected to ...
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Short stops
Jana Shoes will use recycled PET in part of its...
Jana Shoes will use recycled PET in part of its spring/summer 2020 collection
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Harrods has hired Lydia King, previously at Selfridges for more...
Harrods has hired Lydia King, previously at Selfridges for more than 12 years, as its new fashion director
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Zalando is planning to stop handling returns in-house in its...
Zalando is planning to stop handling returns in-house in its logistic centers in Erfurt, Lahr and Mönchengladbach, whose management is reportedly being outsourced
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Article
Sustainability is a growing marketing tool
The fashion industry is the largest employer in the world, an economic behemoth with about 40 million workers and annual revenues of $3 trillion. Yet most of the workers around the world enjoy little or no labor rights and operate in poor safety conditions. The industry is also the world's ...
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Mybudapester, the German-based online shoe retailer, is offering free international...
Mybudapester, the German-based online shoe retailer, is offering free international shipping from June for orders placed from outside the European Union
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News briefs
The Global Fashion Group (GFG), which operates transactional websites in...
The Global Fashion Group (GFG), which operates transactional websites in emerging countries, has raised less than half of the expected proceeds from a public offering on the Frankfurt Stock Exchange. The offer period was extended due to low demand from potential investors. GFG raised €180 million with the placement of ...
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News briefs
Salvatore Ferragamo, the Italian shoe and fashion house, has launched...
Salvatore Ferragamo, the Italian shoe and fashion house, has launched #ItalianExcellence, a capsule collection of men's eyewear for spring/summer 2019 involving three designers and a photographer: Derek Castiglioni, Francesco Meda, Rodrigo Izquierdo and Guido Taroni. Paul Andrew, Ferragamo's creative director, said that the collection was inspired from shapes of the ...
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News briefs
Farida has inaugurated a second factory in Scandicci, within a...
Farida has inaugurated a second factory in Scandicci, within a leather district six km southwest of Florence. Its other manufacturing facility in Chiusi, also in Tuscany, will remain operational. The new factory in Scandicci will focus on prototype development, sample items and special productions, such as those required by the ...
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Article
The EU reaches a trade pact with Mercosur
Twenty years after the start of negotiations, the European Union concluded on June 28 a trade agreement with Mercosur. While indicating that it may take two years for the deal to be formalized, the European Commission noted that the EU is the first major partner to strike a trade pact ...
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News briefs
Dirk Pues left Hamm Market Solutions, the German-based footwear licensee for...
Dirk Pues left Hamm Market Solutions, the German-based footwear licensee for the Gant and Scotch & Soda brands, on June 30 at his own request. As chief product officer, he was responsible for product development and the procurement of shoe collections for the company's licensing business. He will be replaced by Marc ...
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Article
Détente on the international trade front
Three moves on the international trade front that have taken place in the last few days have given the shoe industry and the world economy positive signals in the direction of free trade.While the U.S. decided not to go ahead with a new set of punitive tariffs on imports from ...
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News briefs
Informa Markets, described as the largest organizer of trade shows...
Informa Markets, described as the largest organizer of trade shows in Asia, is taking over UBM Asia, which has a joint venture with SIC of France to manage the APLF shows. The change of control will start with the Pan African Leather Fair (PALF) held in Egypt next year. The ...
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Article
Deichmann pushes omni-channel, works with Tmall
Deichmann has announced the opening or re-opening of three stores in Essen, Frankfurt and Munich between July and August that offer both online and offline purchase options.In the flagship store in Essen, which was reopened on July 11 after six months of renovation, customers can order the products online through ...
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News briefs
Snipes, a subsidiary of Deichmann, recently opened its tenth French...
Snipes, a subsidiary of Deichmann, recently opened its tenth French store at the Parly 2 shopping center, in the suburbs of Paris. The retailer opened its first French store in the summer of 2018, at the Créteil Soleil shopping center, while the first store in the inner city area of ...
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Short stops
Sports shoes will have a dedicated space in next September's...
Sports shoes will have a dedicated space in next September's Micam show in Milan
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Short stops
Uwe Decker is leaving as product manager of Josef Seibel...
Uwe Decker is leaving as product manager of Josef Seibel after the completion of the spring/summer 2020 collection
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Article
Dangerous smuggled shoes are sold in Ukraine
All the footwear sold in the stores of a Ukrainian retailer, Konfiscat Obuv, could be dangerous to the health of customers, said the Ukraine shoe industry association, Ukrkozhobuvprom, in a public statement, drawing public attention to a serious smuggling problem in the country.According to the association, this company has been ...
