All Shoe Intelligence articles in Volume 21, Issue 15-16 – Page 5
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News briefs
Velman, a company that belongs to the Italian Aeffe group,...
Velman, a company that belongs to the Italian Aeffe group, has signed a global licensing agreement with the brothers Custo and David Dalman for the production and distribution of shoes, leathergoods and accessories under their Spanish fashion label, Custo Barcelona. The brothers will continue to be involved in their design. ...
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News briefs
Skechers and Adidas have reached a settlement in their dispute...
Skechers and Adidas have reached a settlement in their dispute over footwear stripes. A filing by Skechers on July 29 at the U.S. District Court for the Central District of California asked for the dismissal without prejudice of a lawsuit brought by Adidas, which had claimed that Skechers' Goldie-Peaks shoe infringed its Three Stripes ...
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News briefs
Zalando has announced that new brands are being added to...
Zalando has announced that new brands are being added to its sustainable assortment, to meet the increasing demand among customers for eco-responsible products. The new sustainable brands include Ecoalf, Mud Jeans, Swe-s, Girlfriend Collective and Stripe + Stare. The e-tailer's current sustainable offer includes more than 15,000 items from around ...
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Article
Steve Madden clinches two acquisitions, China woes continue
Earlier this month, shortly before the release of its latest financial results, Steve Madden announced the acquisition of two U.S. companies, Greats Brands and BB Dakota, widening its portfolio of shoe and women's wear brands.Greats Brands adds Italian-made sneakers to Madden's expansive footwear range, while BB Dakota beefs up the ...
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News briefs
Xtep International of China has finalized the acquisition of K-Swiss...
Xtep International of China has finalized the acquisition of K-Swiss and its various footwear labels, including Palladium and Supra, for $260 million from E-Land of South Korea. The entire business had a turnover of $210 million last year, up by 2 percent from 2017, with a reduced net loss of ...
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News briefs
Manolo Blahnik has acquired Calzaturificio Re Marcello, an Italian shoe...
Manolo Blahnik has acquired Calzaturificio Re Marcello, an Italian shoe manufacturer with 77 workers that has been making shoes for the Spanish U.K.-based designer since 1990. Bruno Re of the Re family, which founded the company in Vigevano in 1938, will join the Blahnik group. Re Marcello has been making ...
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News briefs
Obuv Rossii posted revenues of $85 million for the first...
Obuv Rossii posted revenues of $85 million for the first half of this year, 20 percent above the level of the comparable 2018 period. The Russian retailer attributes the growth in part to the opening of new stores, especially in small towns. Indeed, Obuv Rossii opened 110 new stores during the ...
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News briefs
For its 50th anniversary, Micam will feature a new space,...
For its 50th anniversary, Micam will feature a new space, called the Players District, dedicated to sports and outdoor shoes. The next edition of the Milan trade show, which will take place on Sept. 15-18, will therefore host brands such as Skechers, Dolomite and Joma Sport in Hall 7. The ...
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News briefs
ANWR recorded 450 visitors at its Campus First Order fair,...
ANWR recorded 450 visitors at its Campus First Order fair, held on Aug. 4-5 in Mainhausen, near Frankfurt. In the showrooms of ANWR's O1 order center and in three additional halls, many brands presented their new collections from the 2020 spring/summer season. The next order show, Campus Second, will be ...
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News briefs
Kangaroos is celebrating its 40th anniversary with a special edition....
Kangaroos is celebrating its 40th anniversary with a special edition. The Kangaroos brand was founded by Bob Gamm, an architect from Boston. A passionate endurance athlete, Gamm envisioned a running shoe that would eliminate the annoyance of carrying keys or coins in a pocket. He brought that vision to life by ...
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News briefs
Aeffe's revenues from footwear and leathergoods rose by 4.4 percent...
Aeffe's revenues from footwear and leathergoods rose by 4.4 percent to €60.7 million in the first half, while the division's adjusted Ebitda margin narrowed to 9.9 percent from 11.4 percent a year earlier. The margin shrank because of higher advertising and promotional expenses as well as an increase in staffing ...
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News briefs
LVMH reported a very strong 21 percent increase during the...
LVMH reported a very strong 21 percent increase during the first half of this year in the revenues of its fashion and leathergoods division to €10.42 billion, driven by Louis Vuitton, Christian Dior and Loewe, among other brands. On an organic basis, the growth rate was limited to a still ...
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News briefs
The partners behind the “Skills4Smart TCLF Industries 2030 Blueprint” have...
The partners behind the “Skills4Smart TCLF Industries 2030 Blueprint” have announced that the European project has entered its second phase, according to the Confederation of the European Shoe Industry (CEC). Vocational Education and Training (VET) providers across Europe are invited to contribute to defining qualification profiles and to shape the ...
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News briefs
Vans has signed on as presenting sponsor for the 2019...
Vans has signed on as presenting sponsor for the 2019 International Surfing Association (ISA) World Surfing Games (WSG) in Miyazaki, Japan, which will take place on Sept. 7-15. Alongside sporting competitions, the WSG will feature during the opening weekend a two-day Surf Festival, showcasing Japan's surfing culture and lifestyle. The ...
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News briefs
After entering the Swiss market in December 2018, Schuhe24 is now...
After entering the Swiss market in December 2018, Schuhe24 is now expanding its product offer there. The online shoe retail portal – created four years ago by Dominik Benner, a German shoe retailer and former member of ANWR's supervisory board – signed a cooperation agreement with Digitec Galaxus, the leading online retailer from Switzerland, ...
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Article
Wolverine banks on H2
Wolverine Worldwide posted lower-than-expected sales in the second quarter ended on June 29, but its profitability slightly exceeded forecasts. The management largely confirmed its previous projections for the full financial year, predicting a strong second half, with a 5.5 percent currency-neutral increase driven by gains of nearly 10 percent for ...
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Article
Strong growth for Crocs in Q2
Led by a robust performance in the wholesale channel, e-commerce and comparable store sales, Crocs' revenues reached $358.9 million in the second quarter, growing by 9.4 percent from the second quarter of 2018, or by 12.5 percent on a constant-currency basis. This came despite the negative impact of store closures ...
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Short stops
From its next edition on Sept- 13-17, London Fashion Week...
From its next edition on Sept- 13-17, London Fashion Week will open also to the public, and will be the first of four global fashion weeks – ahead of New York, Milan and Paris – to do it
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Article
Deckers narrows loss, sales up by 10%
Deckers Brands, the parent of Ugg and other footwear brands, managed to reduce its net losses significantly in its first fiscal quarter ended June 30, down to $19.3 million, as compared to $30.4 million for the year-ago quarter. Revenues climbed by 10.5 percent to $276.9 million, or by 11.6 percent ...
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News briefs
While confirming its intention to impose an additional punitive 10...
While confirming its intention to impose an additional punitive 10 percent import duty on many still unspecified footwear categories and other products originating in China, the administration of President Donald Trump announced on Aug. 13 a postponed implementation for some of the products from Sept. 1 to Dec. 15. There ...
