All Shoe Intelligence articles in Volume 21, Issue 17-18 – Page 3
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Article
Turbulence is predicted in Belarus’ footwear market
Belarus may experience a strong increase in domestic prices for all shoes if some planned restrictions are introduced on imports of second-hand products in a country where the average monthly salary amounted to around 1,000 Belarus rubles (€435-$465).The measure has been requested from the government to prompt local citizens to ...
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Short stops
Petra Engström, who comes from the workwear industry, has been...
Petra Engström, who comes from the workwear industry, has been appointed product and digital marketing director of Arbesko, a Swedish brand of footwear
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News briefs
Bear Paw, the warm-lined comfort brand from Sacramento California, has...
Bear Paw, the warm-lined comfort brand from Sacramento California, has launched a vegan summer collection for men and women, mainly consisting of bio type sandals. They are made in Spain with cork footbeds and Piñatex pineapple fiber or textile uppers, glued with latex. The collection has been approved by PETA, ...
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News briefs
Reschia Form, a Swedish brand of luxury women's shoes based...
Reschia Form, a Swedish brand of luxury women's shoes based in Stockholm, has gone into voluntary bankruptcy after a planned restructuring program failed, according to the Swedish trade magazine Habit. Andrea Reschia, who founded the brand in 2012, is hoping to find an investor.
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News briefs
Görtz, the big German shoe retail chain based in Hamburg,...
Görtz, the big German shoe retail chain based in Hamburg, has agreed to take over about 20 of the Roland stores owned by Deichmann in Germany through an asset deal that also includes the inventories and the personnel. Deichmann had indicated in the spring its intention to take the Roland ...
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News briefs
Bally, the big Swiss shoe company purchased last year by...
Bally, the big Swiss shoe company purchased last year by the Chinese Shandong Ruyi Group, has opened a new flagship store in the fashion district of Milan. Named Bally Haus in the German language, it occupies more than 600 square meters on three floors on the corner of Via Montenapoleone ...
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News briefs
Toru, an autonomous robot that Zalando is using to pick...
Toru, an autonomous robot that Zalando is using to pick shoe boxes from the shelves of its warehouses, has completed its test phase at the German e-tailer's logistical hub in Erfurt, Germany. Next up are a pilot phase at the company's warehouse in Lahr and, if that is successful, deployment ...
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News briefs
Viking Outdoor Footwear has reintroduced an archive style to celebrate...
Viking Outdoor Footwear has reintroduced an archive style to celebrate its 100th birthday in 2020. It is a style from 1974, called Retro Trim, in suede with a white retro rubber sole and sideflash. It is available in size 30 for kids and up to size 47 for adults.
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Article
Belarusian try-on app promises a revolution in the shoe market
Lamoda, a major Russian online retailer controlled by the Global Fashion Group, has introduced a way to try on footwear through augmented reality (AG). The technology, which is as yet available only as an app on an iOS platform, has been developed by Wannaby, a high-tech start-up in the nearby ...
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Article
ANWR gets fewer orders, reports CEO’s departure
The ANWR Group's centralized settlements dropped in the first half of this year as affiliated shoe retailers continued to purchase less inventory. However, the retailers posted moderate growth, thanks to both to de-stocking and rising online sales.The results were communicated during one of the voluntary group's house fairs and before the ...
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News briefs
Anbessa, an Ethiopian footwear manufacturer, has purchased at auction the...
Anbessa, an Ethiopian footwear manufacturer, has purchased at auction the defunct Habesha tannery in the Ethiopian city of Bahir Dar, some 500 kilometers north of Addis Ababa. The tannery produced crust for export from 2011 to 2019, when it ceased operation and was seized by banks. Anbessa says that it ...
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Article
German shoe retailers recover amid online growth
German shoe retailers' sales grew by 2.5 percent in the first half of this year, recovering from the decline last year, which was due to unfavorable weather, according to the Federal Association of Shoe Retailers, BDSE.The weather played a role again in the growth, according to BDSE's president, Brigitte Wischnewski, ...
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Article
Tariffs hit American shoe retailers
U.S. footwear brands and retailers continue to wonder how just how high their import duties are going to be on imports from China. It will depend on the discussions between the two governments. The timetable is critical as vendors will have to price products from November on for the autumn/winter ...
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News briefs
Cole Haan, the American footwear brand sold by the Nike...
Cole Haan, the American footwear brand sold by the Nike group to Apax Partners in 2013, is readying a public offering on the stock exchange, according to Bloomberg. The news agency reported that the company's revenues rose by 14 percent to €687 million in the financial year ended in June ...
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News briefs
Carlyle is believed to have hired Bank of America Merrill...
Carlyle is believed to have hired Bank of America Merrill Lynch to evaluate whether to sell Golden Goose, the Italian producer of upscale sneakers, or to list it on the stock exchange, according to the daily Il Sole 24 Ore. The company is expected to be worth about €1 billion ...
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News briefs
Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen...
Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen and Dupé, is selling its Argentinian subsidiaries for the equivalent of about €3.3 million. The deal follows an agreement that the Brazilian footwear manufacturer reached in September 2018 to sell 22.5 percent of the businesses behind its Topper brand, both ...
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News briefs
Italian retail sales of all kinds of products to U.S....
Italian retail sales of all kinds of products to U.S. shoppers increased by 10 percent in the May-July 2019 period as compared to the same period in 2018, according to the data collected by Global Blue on VAT refunds. U.S. shoppers took over the second spot after Chinese tourists, which ...
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News briefs
The Alibaba Group, the owner of Tmall, is further extending...
The Alibaba Group, the owner of Tmall, is further extending its reach with the acquisition of Kaola from NetEase for the equivalent of $2 billion. Kaola is an internet platform specialized in selling foreign luxury goods and other premium products – such as watches, electronics, beauty products and wines – ...
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Article
Fashion firms protest against Brazilian wildfires
Members of the fashion and athletic industries are adding to the wave of support that is coming from activists, celebrities and institutions to help fight the current wildfires in the Amazon rainforest.Bernard Arnault, the chief executive of LVMH, has announced that the luxury conglomerate will contribute €10 million, as part ...
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