All Shoe Intelligence articles in Volume 21, Issue 19-20 – Page 3
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Article
Kering commits to carbon neutrality
Kering has announced a commitment to make the entire group carbon neutral within its own operations and across the entire supply chain. The group said that it will offset its annual greenhouse-gas (GHG) emissions from 2018, while also making efforts to first avoid and then reduce these emissions.The new commitment ...
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Short stops
The Cambodian workers of the textile and footwear sectors will...
The Cambodian workers of the textile and footwear sectors will see the minimum wage rise to $190 per month in 2020, representing an increase of 4.4 percent
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Article
Caleres defines a new long-term strategy
Caleres, the American company that owns the Famous Footwear chain along with several footwear brands, has drafted a long-term strategy to increase its share in the global footwear market. The interesting business plan is based on three main pillars that the company outlined to investors in a recent meeting in ...
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Article
Zenden is under fire for not building a shoe factory in Crimea
The government of Crimea has brought a case to court against Zenden, a major Russian footwear manufacturer and retailer, for abandoning a project to build a big shoe factory on the peninsula. It wants the court to force Zenden to pay certain taxes that were due between 2016 and 2019.The ...
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Article
British shoemakers lose their footing with Brexit
British shoemakers, like much of the country's economy, are largely unsettled by the uncertainty created by the ongoing saga of the U.K.'s planned departure from the European Union, known as Brexit.A soap opera that witnessed a new twist on Saturday, when the British parliament voted an amendment that could postpone ...
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News briefs
The Brazilian subsidiary of VF Corporation has signed a contract...
The Brazilian subsidiary of VF Corporation has signed a contract that will let Arezzo & Co. take over distribution of Vans in the country for at least five years, opening mono-brand stores and handling sales to third parties. Arezzo, which is a major Brazilian shoe retailer trading on the stock ...
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News briefs
Global Brands Group, the owner of Kenneth Cole and other...
Global Brands Group, the owner of Kenneth Cole and other brands, has hired Eno Polo as its new president for Europe. He will be responsible for the leadership and strategic growth of the group's European business, including the apparel, footwear and accessories divisions. He will report directly to Global Brand's ...
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News briefs
Yoox Net-a-Porter Group (YNAP) has hired Nicola Brandolese as the...
Yoox Net-a-Porter Group (YNAP) has hired Nicola Brandolese as the new managing director of Net-a-Porter. Most recently, Brandolese served as chief executive of Giuseppe Zanotti. YNAP has also announced the arrival of Pete Marsden as chief technology officer, with a special focus on mobile, artificial intelligence (AI) and personalization. Prior ...
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News briefs
Pentland Brands is creating an entirely new brand of women's...
Pentland Brands is creating an entirely new brand of women's footwear, called 52 Degrees LDN. A team of female designers at Pentland's headquarters in London are striving to produce “beautiful shoes, made for real life.” The shoes are crafted by hand with premium leather and suede, have sneaker-like foam linings ...
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News briefs
Brax, a German brand of clothing, has granted a license...
Brax, a German brand of clothing, has granted a license for socks to Atair, a German-based manufacturer of socks, and a license for shoes to Profectus Brand Construction in Bad Oeynhausen. The first shoe collection for the 2020 autumn/winter season will include 20 models for women and 15 for men. ...
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Short stops
Tamaris, the shoe brand owned by the Wortmann group, will...
Tamaris, the shoe brand owned by the Wortmann group, will be the official partner of Miss Germany 2020 competition and is launching a big media campaign via print and social-media channels
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News briefs
Euro Brand Management (EBM) has established a partnership with Climate...
Euro Brand Management (EBM) has established a partnership with Climate Partner of Munich. Based in Grünwald, Germany, and run by Luigi Grosso, EBM is a B-Corporation (subject to B-Lab's standards of corporate social responsibility and sustainability) that analyzes and reworks the supply chains of its clients, focusing on the supply ...
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News briefs
Velasca, a fast-growing Italian brand of shoes and leathergoods, has...
Velasca, a fast-growing Italian brand of shoes and leathergoods, has closed an investment round of €4.5 million, jointly led by P101 and Milano Investments. A pool of private investors also participated in the capital increase. The company, which gets its shoes made in the Marche region of Italy, will use ...
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News briefs
Navyboot's new chief executive officer is Reto Braegger, who was...
Navyboot's new chief executive officer is Reto Braegger, who was previously the Swiss company's merchandise manager. In his new role, he will oversee both the Navyboot shoe collections and its retail operations. Navyboot is part of Globus, the Swiss department store chain, which acquired it from the Gaydol Group last ...
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News briefs
Vans has opened its first European “boutique” in Covent Garden...
Vans has opened its first European “boutique” in Covent Garden in London. Conceived in-house to reflect the skate brand's “Off The Wall” slogan, the 4,359-square-foot store carries premium footwear, apparel and accessories, including Vault by Vans and items designed by Vivienne Westwood. The basement features an activation space for installations, ...
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Article
Clarks reports lower sales and better margins
C&J Clark (Clarks) reported a further decline in its turnover for the first half of its financial year, ended on Aug. 3. Sales fell by 3.5 percent to £649.2 million (€755.7m-$842,9m), with a drop of 5.9 percent in local currencies, due to lower wholesale revenues and lower retail sales at ...
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News briefs
Muhammad Younas of Starlet has been elected as the new...
Muhammad Younas of Starlet has been elected as the new chairman of the Pakistan Footwear Manufacturers Association (PEMA) until September of next year, replacing Hassan Javed. His election comes at a time when Pakistan's exports are growing briskly. More than 60 percent of the exports are due to Servis, a ...
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News briefs
Gucci claims that it has become a completely carbon-neutral company,...
Gucci claims that it has become a completely carbon-neutral company, in its own operations as well as across its entire supply chain. In addition to ensuring that its in-house manufacturing operations are carbon neutral, the luxury house is offsetting “all greenhouse gasses produced by its third party materials suppliers and ...
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News briefs
Genesco has hired Scott E. Becker as senior vice-president, general...
Genesco has hired Scott E. Becker as senior vice-president, general counsel and corporate secretary of the company, effective Oct. 23. He takes over the role from Roger Sisson, who retired earlier this year. Genesco's retail banners include Journeys, Journeys Kidz, Schuh, Schuh Kids, Little Burgundy and Johnston & Murphy. Becker ...
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News briefs
The Rino Mastrotto Group has widened its shareholders' base, with...
The Rino Mastrotto Group has widened its shareholders' base, with an investment firm, NB Aurora, acquiring a 11.6 percent stake for €20 million. NB Renaissance Partners owns 70 percent of the group. The Mastrotto family now owns a minority share in this leading Italian leather-manufacturing group.
