All Shoe Intelligence articles in Volume 21, Issue 13-14 – Page 5
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News briefs
Zalando moved into new headquarters in Berlin on June 26....
Zalando moved into new headquarters in Berlin on June 26. More than 6,000 employees who were previously scattered throughout the city are now coming together in the online retailer's new premises, encompassing 100,000 square meters. The recently opened “Zalando Campus” offers flexible desks, a fitness studio, open office areas, a ...
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Short stops
Christian Louboutin will have his own exhibition from Feb. 25...
Christian Louboutin will have his own exhibition from Feb. 25 to July 26 next year at the Porte Dorée palace in Paris
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News briefs
Schuhe24, the German-based online marketplace for independent shoe retailers, and Outfits24,...
Schuhe24, the German-based online marketplace for independent shoe retailers, and Outfits24, a similar portal operated by the same company, opened their first logistics center in Wiesbaden last month. Schuhe24 bundles the stocks of 1,000 affiliated retailers. Revenues rose to €25 million in 2017, and Schuhe24 expects them to reach €75 million in 2019 and €100 million ...
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News briefs
In 2021, online advertising will represent for the first time...
In 2021, online advertising will represent for the first time in history more than half of total ad spending. According to Zenith's Advertising Expenditure Forecasts, web advertising will account for 52 percent of global ad spending, as compared to 44 percent in 2018 and a projected 47 percent in 2019. ...
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News briefs
P448 increased its revenues by 40 percent in 2018 to...
P448 increased its revenues by 40 percent in 2018 to €8 million as compared to the previous year. The Italian sneaker brand aims to continue raising its turnover from €12 million this year to €50 million by 2023. To achieve the goal, the company plans to open flagship stores, starting ...
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News briefs
BasicNet, the company founded by Marco Boglione in 1994 through...
BasicNet, the company founded by Marco Boglione in 1994 through the acquisition of a former knitwear company, got a special prize at the Pitti Uomo fair in Florence last month as “the first marketplace in the history of clothing.” Today, BasicNet, which owns and licenses Kappa, K-Way, Sebago, Superga and ...
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News briefs
Diadora, which posted a 6.5 percent sales increase to €168...
Diadora, which posted a 6.5 percent sales increase to €168 million in 2018, is still doing well in 2019, according to a report by fashionmagazine.it and the statements of the brand's president, Enrico Moretti Polegato. The e-commerce share jumped by 65 percent last year and accounted for 6 percent of ...
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News briefs
Obuv Rossii posted a 161.8 percent hike in net profit...
Obuv Rossii posted a 161.8 percent hike in net profit for the first quarter of 2019, as compared to the same period of the previous year. The Russian shoe retailing generated earnings of 217 million rubles (€3.02m-$3.39m) during the period, compared with 83 million rubles in the first quarter of ...
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News briefs
Asos is reportedly planning to cut around 100 jobs at...
Asos is reportedly planning to cut around 100 jobs at its London head office in Camden, many of them in the marketing department. The last set of interim results, which the online retailer released in March, showed a drop of 87 percent in its pre-tax profits. The company has been ...
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News briefs
The ANWR Group, the voluntary consortium of independent retailers, celebrated its 100th anniversary...
The ANWR Group, the voluntary consortium of independent retailers, celebrated its 100th anniversary at the “Elbphilharmonie” (Elbe Philharmonic Concert Hall) in Hamburg on July 1. ANWR invited 900 guests, including retail members, former chief executives, the descendants of founding members, entrepreneurs of the shoe industry and members of various associations. The German minister for economic ...
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Article
CCC’s H1 growth is powered by online sales
CCC Shoe & Bags, the fast-growing Polish retailing group, had a very strong first-half. Boosted by online sales, which jumped by more than 60 percent, the group's overall revenues for the first six months of 2019 surged by 37 percent to 2,646.6 million zlotys (€620.2m-$699.1m).Retail sales improved by 32 percent ...
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Article
StockX achieves a valuation of $1 billion
The sneaker resale market is hot. StockX, the self-described “stock market of things,” has secured a new round of funding and named a new chief executive. The investment firms of DST Global, General Atlantic and GGV Capital – along with investors from the previous round, such as GV and Battery ...
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News briefs
The Austrian shoe market decreased by 2.5 percent to €1.3...
The Austrian shoe market decreased by 2.5 percent to €1.3 billion in 2018, as compared to the previous year. According to RegioData, which analyses the Austrian shoe market every year, people living in or visiting Austria spend about €1.6 billion for shoes per year. Online retail sales of shoes are ...
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Short stops
Sales increased by 6.3% to $5.07 billion at Yue Yuen...
Sales increased by 6.3% to $5.07 billion at Yue Yuen Industrial for the first six months of 2019
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