All Shoe Intelligence articles in Volume 21, Issue 15-16
View all stories from this issue.
-
Article
Stuart Weitzman stands out at Tapestry
Shares in Tapestry, the parent company of several brands, such as Kate Spade and Stuart Weitzman, plummeted by more than 20 percent after the company reported sluggish growth for its fourth quarter ended on June 30, and issued a disappointing guidance for the first quarter of the new financial year.However, ...
-
News briefs
Tamaris will be working with a new licensing partner in...
Tamaris will be working with a new licensing partner in the 2020 spring/summer season. 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 line of bags. The ...
-
Article
The Footwearists keep on teaching
On Sept. 2, the Footwearists, the “nomadic” platform for training in footwear design run by Nicoline van Enter, will begin offering several online and offline training courses on sustainable materials and new manufacturing technologies, including 3D design. Registration for the courses is still open on the home page of its ...
-
News briefs
Micam Milano will host an “International Lab of Mittelmoda –...
Micam Milano will host an “International Lab of Mittelmoda – The Fashion Award 2019,” the award ceremony of Mittelmoda The Fashion Award, on Sept. 16 at 6pm. The ceremony will showcase the 25 collections from 14 countries that have been shortlisted for the final prizes, which will include two Overall ...
-
Article
Good results for Yue Yuen
Yue Yuen Industrial Holdings reported a 6.3 percent increase in sales to $5,070.7 million for the first half of the year, driven by a double-digit increase in retail revenues, with footwear manufacturing performing better than before. The Chinese company's net income jumped by 10.5 percent from the year-ago period to ...
-
News briefs
Sabu, the German voluntary group of independent retailers, welcomed a...
Sabu, the German voluntary group of independent retailers, welcomed a total of 200 brands of shoes and accessories to its “trends & fashion” show, which took place on Aug. 17-18. Exhibitors presented their shoe collections for the 2020 spring/summer season over more than 6,000 square meters. The Wolkenwerk shoe brand ...
-
News briefs
Texon has recently launched a new material for the footwear...
Texon has recently launched a new material for the footwear industry. Texon Halo is a high-performance, powder-molded reinforcement material designed for athletic and sports shoes, although it can provide support for most other types of footwear as well. It requires no cutting or skiving and, according to the company, contains ...
-
Article
Prada posts flattish sales
The Prada Group posted sales of €1,570 million in the first half, up by 2 percent on a reported basis but flat in constant currencies. They were in line with market expectations after a year in which the group managed to increase sales after four years of decline, thanks to ...
-
Article
India exports more non-leather footwear
India's exports of leather, leather products and non-leather footwear fell by 0.87 percent to $5.691 billion in the fiscal year running from April 2018 to March 2019. In rupees, exports rose by 7.54 percent. Footwear represented 51.09 percent of exports, according to the latest data released by the country's Council ...
-
Article
Grendene’s exports keep falling
After several quarters of disappointing international sales, the latest quarter was no different for Grendene. Its revenues out of Brazil for the second quarter declined by 23.7 percent from the year-ago period to 127.9 million Brazilian reais (€28.7m-$32.2m). In terms of volume, shipments abroad declined by 34.6 percent to 5.4 ...
-
Article
Ukraine exports shoes made of hemp
A Ukrainian shoe manufacturer, Hanftek, has started exporting footwear made of hemp to Spain, Slovakia, Germany and Italy and is currently considering exporting to the U.S., Denis Burdeiny, brand manager of Hanftek told a local news agency, Shotam.Hanftek is growing hemp on 100 hectares of agricultural land in the Poltava ...
-
News briefs
Young Europeans are ready to pay more for products that...
Young Europeans are ready to pay more for products that are made in a sustainable manner. According to a survey by Spinnova, a Finnish bio-yarn producer, 61 percent of respondents among Europeans aged 18-30 said that they would pay more for a sustainable piece of clothing, while 41 percent would ...
-
News briefs
StockX, the e-commerce platform focusing on the sneaker resale market,...
StockX, the e-commerce platform focusing on the sneaker resale market, is launching an Italian version of its app and website. StockX was founded in Detroit in 2016, and made its European debut in October 2018.
-
News briefs
RNF, the Dutch fashion group that owns the Mexx, Fred...
RNF, the Dutch fashion group that owns the Mexx, Fred de la Bretoniere, Shabbies Amsterdam and Umbro brands, will take over Palpa Trading on Sept. 1. The price of the acquisition has not been disclosed. The Dutch shoe manufacturer will continue to operate but under a different name: Palpa B.V. ...
-
Article
Dr. Martens is still going strong
Driven by Europe and the Americas, Dr. Martens posted a 30 percent increase in sales to £454.4 million (€497.6m-$551.6m) for the financial year ended March 31. Given the ongoing momentum, the Permira investment fund, which took over the business in 2014, is reportedly unlikely to cash out in the immediate future. Kenny ...
-
News briefs
Major Russian shoe retailers reportedly said that the demand for...
Major Russian shoe retailers reportedly said that the demand for summer footwear slumped in July due to an unprecedented cold summer in the European part of the country, which instead pushed up sales of closed shoes such as sneakers and regular and rain boots.
-
Article
The German shoe market declines in volume
According to a study conducted by the Institute for Retail Research (IFH) in Cologne together with the BBE, the German consultancy for the retail industry, the German shoe market did not increase in volume from 2017 to 2018.The volume had increased each year since 2012 by an average of 0.7 ...
-
Article
Ferragamo’s revenues rise, margins decline
Salvatore Ferragamo posted revenues of €704.9 million in the first half of 2019, up by a reported 4.6 percent and by 4.4 percent at constant currency rates. The growth accelerated slightly in the second quarter to reach 4.9 percent in euros and 4.5 percent in local currencies, beating market expectations ...
-
News briefs
Vivarte is slimming down further through the sale of Cosmoparis,...
Vivarte is slimming down further through the sale of Cosmoparis, the former premium footwear brand of San Marina, to Stéphane Collaert and Thierry Le Guénic. The financial terms of the deal were not disclosed. The two French entrepreneurs had previously acquired Chevignon, a similarly positioned brand of apparel from the ...
-
News briefs
The founder of Over Teak, Cosimo Damiano Vitobello, has passed...
The founder of Over Teak, Cosimo Damiano Vitobello, has passed away at the age of 79. Vitobello founded Over Teak in Barletta, in the Italian region of Puglia, in 1990. He opened his first store, where shoes were manually crafted, back in 1958, when he was only 18. Over Teak ...
