All Shoe Intelligence articles in Volume 21, Issue 3-4 – Page 3
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Article
Stuart Weitzman goes back to growth
After two consecutive quarters of declining sales, Stuart Weitzman returned to growth in the second fiscal quarter of its parent company, Tapestry, which ended on Dec. 29, 2018. The footwear brand's sales grew by 3 percent to $124 million, up by 4 percent in constant currencies.Currently, shoes represent 98 percent ...
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News briefs
Paul Green, the Austrian shoe manufacturer, has decided not to...
Paul Green, the Austrian shoe manufacturer, has decided not to exhibit at this year's Gallery Shoes trade show in Düsseldorf. The past business year, with its decreasing sales, was difficult for the brand. The company did not provide detailed figures, but retailers have retained high stock levels, as they have failed ...
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News briefs
Kering said that an audit carried out by Italian tax...
Kering said that an audit carried out by Italian tax authorities claims that the French group owns €1.4 billion in corporate taxes for activities carried out in the country by its Swiss Luxury Goods International (LGI) subsidiary between 2011 and 2017. The audit relates to an investigation on fiscal matters ...
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News briefs
Asso, an Italian producer of children's shoes, is diversifying into...
Asso, an Italian producer of children's shoes, is diversifying into the adult segment by buying Keys, an Italian footwear and apparel brand, from the Opera group. Asso said that it plans to expands Keys' distribution network, which is currently limited to Italy and Northern Europe. The autumn/winter 2019/2020 collection of ...
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News briefs
Ash Germany Distribution will be handling European distribution for the...
Ash Germany Distribution will be handling European distribution for the What For brand of casual shoes in autumn/winter 2019. The deal follows on the joint venture recently signed by the Max Group, parent company of the Italian-based Ash shoe brand, and Stella International Holdings Ltd., trademark owner of the What For ...
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News briefs
Micam Milano is organizing a new series of conferences around...
Micam Milano is organizing a new series of conferences around the new sneaker culture. Called Plug-Mi, it will start with a WGSN seminar at 11 AM on Sunday morning. It will include other events including a cocktail and a show with a DJ on Sunday and Monday.
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News briefs
Sergio Rossi has appointed for the first time a manager...
Sergio Rossi has appointed for the first time a manager in charge of omni-channel retailing, Riccardo Milani, who comes from Boggi, where he organized the e-commerce operations of the Milan-based menswear firm. He worked previously for Moleskine and an e-commerce specialist. Formerly owned by Kering, Sergio Rossi is now a ...
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Short stops
Farfetch has appointed its first chief fashion officer, Holli Rogers,...
Farfetch has appointed its first chief fashion officer, Holli Rogers, who comes from Brown
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News briefs
Italy's entire fashion industry – including apparel, footwear, leathergoods, jewelry...
Italy's entire fashion industry – including apparel, footwear, leathergoods, jewelry and eyewear – posted a 0.9 percent rise in sales to €95.7 billion last year, according to a preliminary estimate by Confindustria Moda, the new umbrella trade association for all the fashion-related sectors. Exports rose by 2.6 percent to €63.4 ...
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News briefs
APLF, the Asia-Pacific Leather Fair, will host a Sustainable Fashion Conference...
APLF, the Asia-Pacific Leather Fair, will host a Sustainable Fashion Conference tailored to businesses eager to make the shift towards transparency and sustainability. The event, to be held during the APLF show on March 14 in Hong Kong, will include workshops, networking and an exchange of ideas. Sustainability experts have been ...
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News briefs
APFL, the raw materials fair for the Asia-Pacific region based...
APFL, the raw materials fair for the Asia-Pacific region based in Hong Kong, has announced it is establishing itself as the Sustainable Sourcing Platform in the region for leather, footwear and accessories. The platform is meant to facilitate the location of sustainable products for design and manufacturing purposes in a ...
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News briefs
A veteran of the footwear industry, Anton Magnani, led the...
A veteran of the footwear industry, Anton Magnani, led the management team that has bought out a Florentine leathergoods firm, BMB Manifattura Borse, from a German private equity firm, Halder, which had acquired it in 2013. BMB produces high-end products for brands like Chanel. BMB has annual sales of about ...
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News briefs
Reef has announced the appointment of Mike Jensen as the...
Reef has announced the appointment of Mike Jensen as the new president of the beach lifestyle brand, effective from Feb. 1. Most recently, Jensen served as general manager and head of brand of DC Shoes, a division of Boardriders. He has previously worked at Asics, Spy, and Converse. Reef is ...
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News briefs
Birkenstock has announced the opening of an office in Paris....
Birkenstock has announced the opening of an office in Paris. Located in Rue Saint-Honoré, in Paris' 1st district, the office will mostly serve as an incubator to develop special projects and collaborations. Also in January, the German footwear company will reveal its new 1774 premium line, at the same time ...
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Article
Jimmy Choo’s parent tops analysts’ estimates
Capri Holdings – formerly known as Michael Kors – recorded better-than-expected profits for its third fiscal quarter ended on Dec. 29, 2018, and it raised its full-year revenue guidance. The company's share price went up by 11 percent.The group's revenues remained flat as compared to the year-ago quarter at $1,440 million, ...
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Article
The latest on CCC, HR Group and Leder & Schuh
From now on – according to Schuhkurier, the German trade magazine – the German-based Hamm-Reno Group will be running the Galeria Inno department stores in Belgium, including their shoe retail spaces. Galeria Inno is a subsidiary of Galeria Kaufhauf, with 16 stores in Belgium. As previously reported, the HR Group closed ...
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News briefs
Toms Shoes, the American brand famous for donating a pair of...
Toms Shoes, the American brand famous for donating a pair of shoes or prescription eyeglasses for every pair of shoes or eyeglasses sold, is now one of 2,700 B-Corp companies in 150 industries and 60 countries. So-called B-Corp companies are explicitly committed to sustainability and the common good. Toms Shoes manufactures ...
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Article
UFG has ambitious plans in big data analysis
Unlimited Footwear Group (UFG), the Dutch firm that sells shoes under the BullBoxer, Rehab Footwear, Gaastra and Supertrash brands and has licenses for Björn Borg, NZA New Zealand Auckland and Levi's footwear, has ambitious plans to develop big data analysis.UFG claims to have successfully developed a business-to-consumer (B2C) e-commerce platform ...
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Article
Amazon launches pop-up stores in Europe
What is happening to the big e-tailers? After the recent profit warnings of Asos and Zalando, the two biggest sharks in the pond, Alibaba and Amazon, have just put out discouraging figures. Both companies, which operate big marketplaces for sporting goods and many other products in their respective territories, have ...
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Article
China slowdown weighs on Alibaba’s sales
Alibaba Group Holding's revenues for its third fiscal quarter, ended on Dec. 31, grew at their weakest pace in four years, weighed by a slowing Chinese economy, which is being attributed to the ongoing trade war with the U.S.The Chinese e-tailer's sales increased by 41 percent from the year-ago quarter ...
