All Shoe Intelligence articles in Volume 21, Issue 21-22 – Page 2
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News briefs
Selfridges has doubled its sustainable labeling scheme with the launch...
Selfridges has doubled its sustainable labeling scheme with the launch of six new categories across its fashion, beauty and interiors offers. The new labels, part of the department store's Buying Better scheme, highlight different sustainability attributes and include: Responsible Leather, Reducing Waste, Vegan, Forest-Friendly, Cruelty-Free and Supporting Communities. Selfridges first ...
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News briefs
Marco Pirani stepped down as Geox' managing director for Germany,...
Marco Pirani stepped down as Geox' managing director for Germany, Austria, Switzerland and Northern Europe at the end of October. According to a report in Schuhkurier that could not be confirmed at press time, he is going to work as EMEA director for Clarks, which is now led by a ...
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Short stops
OluKai is opening two directly owned stores in Hawaii...
OluKai is opening two directly owned stores in Hawaii
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News briefs
Vans is introducing its first pair of shoes designed by...
Vans is introducing its first pair of shoes designed by a Filipino. Nikko Pelaez, a 23-year-old artist and graduate of the archipelago's University of the East College of Fine Arts, won the Vans Asia Custom Culture shoe-design competition for 2018 with a design that borrows from myth. “Along with the ...
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Article
Deckers raises guidance on Hoka’s strength
Deckers Brands, the parent of Ugg and other footwear brands, saw its net income progress by 5.0 percent to $77.8 million in its second fiscal quarter, ended on Sept. 30. Revenues rose by 8.0 percent to $542.2 million, or by 9.5 percent constant currencies, driven by gains at Ugg and ...
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Article
Crocs posts a stellar quarter
Thanks to a strong performance in America and globally from the wholesale channel, e-commerce and comparable store sales, Crocs' revenues for the third quarter jumped by 19.8 percent to $312.8 million, or by 21.0 percent on a constant-currency basis. This came despite the negative impact of store closures, which reduced ...
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News briefs
A French court has ruled on the final shutdown of...
A French court has ruled on the final shutdown of Chaussures Noël's remaining operations in France as well as in Tunisia, which employ 84 and 700 people, respectively. Apparently, none of the 10 offers made for the company were entertained by the court, which is now waiting for candidates for ...
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Article
Steve Madden’s momentum continues
Keeping up with a really good first half, Steve Madden managed again to exceed analysts' expectations on sales and earnings in the third quarter, thanks to a robust performance from the flagship Steve Madden and Blondo brands. Growth in Europe through the SM Europe joint-venture was also a highlight. The ...
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News briefs
Ilse Jacobsen, founder of Ilse Jacobsen Hornbæk, the Danish company...
Ilse Jacobsen, founder of Ilse Jacobsen Hornbæk, the Danish company that is famous for its rubber boots, has announced that it is strengthening the organization through the appointment of a new chief executive, Trine Frausing of Denmark. He was headhunted from Los Angeles, where he had a great career with ...
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News briefs
J'hayber has eliminated single-use plastic in its Olimpo collection. The...
J’hayber has eliminated single-use plastic in its Olimpo collection. The Spanish brand of sneakers, apparel and padel equipment plans in time to eliminate such plastic from all of its products. To this end, it has forged an environmental policy around the “three R’s” – reduce, reuse and recycle – and ...
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Short stops
Veepee, the website operated by Vente-Privée Group, has closed its...
Veepee, the website operated by Vente-Privée Group, has closed its U.K. business owing to the uncertainty over Brexit
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News briefs
Clarks has teamed up with Supreme on a custom version...
Clarks has teamed up with Supreme on a custom version of its signature Wallabee lace-up shoe, made exclusively for Supreme. The collaborative collection comprises four colorways, including deep purple, black, traditional maple and camo print. The classic suede upper of the shoe is replaced with a water and stain resistant ...
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News briefs
Zalando recently opened a new logistical center in Poland. This...
Zalando recently opened a new logistical center in Poland. This will provide goods for more than 15 million customers worldwide from its “lounge web store,” the sales channel for German-based e-tailer's closeout sales. Fiege e-Com will manage the logistical center with 500 employees. It is located in Olztynek, covering 130,000 ...
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News briefs
As previously reported, Carlyle, the investment fund that controls Golden...
As previously reported, Carlyle, the investment fund that controls Golden Goose, is planning to cash out. The valuation of the deal may be boosted by a rumor according to which the brand of distressed sneakers is expanding into women's wear with the help of Frida Giannini, who left as creative ...
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Article
Weak results for Capri and Tapestry
The U.S.-based parent companies of Jimmy Choo and Stuart Weitzman have set out to become major luxury goods conglomerates like LVMH or Kering, but they have continued to disappoint investors with their latest quarterly results.Tapestry, where Victor Luis resigned as chief executive a few weeks ago, said it has decided ...
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Article
Skechers’ foreign business drives double-digit gains
Thanks to its strategy of viewing its business through a “global lens,” with many key product styles being introduced at the same time around the world, Skechers has pulled off another strong quarter.Sales for the three months ended on Sept. 30 were 15.1 percent higher than in the period year ...
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Article
Burning cash, Farfetch continues to expand
The net losses of Farfetch increased by 10.6 percent to $85.5 million in the quarter ended on Sept. 30, but they were lower than analysts had expected. The gross margin declined by five full percentage points to 50.1 percent. The adjusted Ebitda margin remained negative, but it declined to 15.6 ...
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News briefs
Hotter, the British comfort shoe manufacturer headquartered in Lancashire, has...
Hotter, the British comfort shoe manufacturer headquartered in Lancashire, has appointed Adam Griggs as its chief financial officer. Griggs most recently held the same post at Bistrot Pierre, a chain of restaurants, and before that with Splendid Hospitality Group. He has held similar posts at Thomas Cook, Premier Farnell and ...
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News briefs
The Brazilian designer Paula Cademartori, known for her colorful luxury...
The Brazilian designer Paula Cademartori, known for her colorful luxury bags and shoes, is taking full control of her eponymous brand by buying back the stake held by OTB, the holding company of the Italian businessman Renzo Rosso. OTB invested in the brand in 2016.
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Article
Good results for Wolverine’s main brands
Wolverine Worldwide's three biggest brands – Merrell, Sperry and Saucony – posted a combined 11.5 percent increase in constant currencies during the third quarter ended on Sept. 28. Revenues rose by only 2.8 percent to $574.3 million across the group's entire portfolio of 12 footwear brands, with growth of 3.6 ...
