All Shoe Intelligence articles in Volume 21, Issue 3-4
View all stories from this issue.
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Article
Las Vegas puts many shows under one roof
All the big American fashion-related trade shows put on by Magic in Las Vegas – including FN Platform and Project, which host footwear exhibitors – will be taking place exclusively at the Las Vegas Convention Center (LVCC) as of next August.As a result of all this, each show will now ...
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Article
Sioux and We Want Shoes initiate video orders
Sioux, the German company best known for its comfortable moccasins, has established a partnership with We Want Shoes, the German brand marketing and networking platform. For the autumn/winter 2019 order season, the two companies have launched a pilot project to allow manufacturers to present their shoes in videos.Sioux has already ...
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Article
Hermès grows nicely, too
Hermès International reported sales increases of 7.5 percent in euros and 10.4 percent in constant currencies for 2018. The French maison reached a turnover of €5,966 million for the year, slightly above analysts' estimates. The final results are scheduled to come out on March 20, but the management has already ...
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Article
Good growth for LVMH and Hermès
Apparently, the luxury segment of the market for fashion and accessories is not slowing down for the major brands, despite the increasing tensions at the geo-political and monetary levels and the growing competition from the sports sector. Two major French luxury groups, LVMH and Hermès, have published pretty good results.LVMH, ...
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News briefs
Treds, a multi-brand footwear retailer in the U.K. (not to...
Treds, a multi-brand footwear retailer in the U.K. (not to be confused with the U.S. maker of rubber footwear), has been placed in administration, a legal procedure similar to bankruptcy protection in the U.S. For now, Treds' 21 stores, e-tail site and staff of 165 will be carrying out business ...
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Article
Hogan is up, footwear is flat
By brands, the group's full-year sales were off by 3.3 percent to €498.6 million for Tod's, with currency-neutral revenues down by 1.2 percent. The brand achieved “good results” in the Americas and Asia, while Europe was affected by lower purchases by tourists and political and economic uncertainties in Italy.Sales under ...
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Article
Mixed trade figures from Italy’s footwear sector
The latest available trade statistics show that Italy's footwear exports grew by 3.9 percent in value during the first ten months of 2018, while dropping in volume by 6.4 percent. The country exported a total of 176.4 million pairs priced at nearly €8.1 billion during the period. The average export ...
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Article
Mixed figures from the Indian subcontinent
A string of export data from the Indian subcontinent have painted a mixed picture of the recent performance of local leather industries. But overall, regional players are increasingly ambitious and the Indian powerhouse is openly gearing up to lure manufacturing away from China.Bangladesh missed its exports target for footwear, leather ...
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News briefs
Giorgio Presca, a well-known figure in the Italian footwear industry,...
Giorgio Presca, a well-known figure in the Italian footwear industry, has been appointed as interim chief executive of Emilio Pucci, the Italian fashion house owned by LVMH. He replaces the outgoing CEO, Mauro Grimaldi. Described as a turnaround expert, Presca worked until last September as CEO of Golden Goose, the ...
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Article
Online sales are growing fast in Russia
The overall market for shoes and clothing remained flat in Russia last year, with a slight reduction in the offline retail segment and a strong increase in online sales, according to research conducted by the local Fashion Consulting Group.In total, sales of these products amounted to an estimated level of ...
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News briefs
Lyst, a global metasearch platform for fashion, has launched what...
Lyst, a global metasearch platform for fashion, has launched what it calls the Sneaker Intelligence Unit. The company has recruited a network of “sneaker experts” by administering an online test and, for those who score at least 80 percent, a “'mastery' stage challenge.” Lyst then solicits opinions from these experts ...
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Article
Russian retailer plans to expand into the West
A Russian retailer specializing in casual shoes and clothes, Finn Flare, has declared its intention to open its first brick-and-mortar store somewhere in the European Union by 2020. Finn Flare has already been selling its products in Europe through various online platforms, including Otto, Amazon and Zalando for an overall turnover ...
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News briefs
Sergio Rossi has signed a long-term lease with Thor Equities...
Sergio Rossi has signed a long-term lease with Thor Equities Group for some 2,000 square feet of retail space at 680 Madison Avenue in New York. The ground floor space has 25 feet of frontage on Madison Avenue.
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Article
Ferragamo’s disappointing sales raise questions
Judging from the recent financial reports of Salvatore Ferragamo and Tod's (see the subsequent article in this issue), serious questions should probably be raised about the sustainability of their business model. While opening new mono-brand stores and diversifying into leathergoods, apparel and other products, their image and their core business ...
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News briefs
In the last two weeks of January, Diego Della Valle,...
In the last two weeks of January, Diego Della Valle, chairman and co-chief executive of Tod's, bought an additional take of about 2 percent in the company after it issued disappointing full-year sales figures, prompting the share price to fall. The shares are not part of an agreement reached with ...
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Article
Ugg and Hoka send Deckers higher
Deckers Brands' management said it was essentially one year ahead of its strategic plan as the company saw its overall sales jump by 7.8 percent in the third quarter of its financial year. They reached $873.8 million in the three months ended on Dec. 31.The quarter is particularly important for ...
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Article
Production and consumption go down
After growing by 1.6 percent in 2017, Italy's shoe production contracted by around 2.6 percent to around 186 million pairs in 2018, according to the usual survey conducted by Assocalzaturifici before the Micam trade show in Milan, with a more serious decline of 4 percent in the second half of ...
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News briefs
Vivarte, the mother company of a number of French retailers...
Vivarte, the mother company of a number of French retailers including La Halle, Caroll and Minelli, is being heavily affected by the yellow vests protests. Patrick Puy, Vivarte's chief executive, said in an interview with Europe 1, a French radio channel, on Jan. 30, that the loss in turnover for ...
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News briefs
Tamaris is collaborating with Doppler, the manufacturer of umbrellas. Their...
Tamaris is collaborating with Doppler, the manufacturer of umbrellas. Their first collection, released under the Tambrella brand, consists of three models each in three colors and will hit stores this March. Doppler also collaborates with brands like Bugatti and S.Oliver.
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News briefs
The French Leather Council (Conseil National du Cuir - CNC)...
The French Leather Council (Conseil National du Cuir - CNC) has announced the first “Sustainable Leather Forum,” which will be held in Paris on Sept. 16. The event, especially focused on sustainable practices in the French leather industry, will take place at the headquarters of the French Federation of Public ...
