All Shoe Intelligence articles in Volume 21, Issue 5-6 – Page 3
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Article
Crocs posts better-than-expected results
Led by the U.S. market and driven by its wholesale business, Crocs posted record revenues for the fourth quarter. Reaching a level of $216.0 million, they were up by 8.5 percent from the year-ago quarter, or by 11.3 percent on a constant-currency basis. This was well above the top end ...
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News briefs
At its own stores and online, Deichmann is beginning to...
At its own stores and online, Deichmann is beginning to sell 23 spring styles of affordable shoes named after the famous sisters Kendall and Kylie Jenner. Priced at between €12.90 and €39.99 per pair, they have been developed by Pajar Canada, which took over the related license from Marc Fisher ...
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Short stops
VF Corp. has been recognized for the third consecutive year...
VF Corp. has been recognized for the third consecutive year as one of the world's most “ethical” companies by the Ethisphere Institute
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Article
Giogio Presca becomes Clarks’ CEO
Clarks has appointed Giorgio Presca, an experienced Italian manager who ran Geox between 2012 and 2016, as its new chief executive. Presca is taking over from Stella David, who had been named interim CEO to replace temporarily Mike Shearwood, the previous chief executive, who resigned in June 2018 amid an ...
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Article
Micam becomes more selective
The Milan trade show, which ran from Feb 10 to 13, closed with over 43,000 visitors, in terms of daily entrances, compared with 44,227 in the February edition of 2018. However in terms of individual entries, this edition registered a 2.5 percent increase as a higher number of Italians more ...
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News briefs
Birkenstock is expanding its beauty business. This month, the German company...
Birkenstock is expanding its beauty business. This month, the German company will launch its first comprehensive facial care collection. It will be part of the Birkenstock Natural Skin Care category, a line of natural cosmetics that, according to Birkenstock's chief executive, Oliver Reichert, may represent half of the company's total turnover in ten ...
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News briefs
Mike Jensen has been made president of Reef, the beach...
Mike Jensen has been made president of Reef, the beach lifestyle brand recently divested by VF Corp. He was most recently the general manager and brand manager of DC Shoes at Boardriders. He previously worked for Asics, Spy and Converse. Jensen will report directly to Gregg Ribatt, the new chief ...
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Article
New top managers at Bata
Claudio Alessi, an Italian manager who has spent 17 years with the Bata Shoe Organization in several countries, is returning to Italy to serve as president of Bata Europe at its office in Padua, overseeing the company's retail subsidiaries in Italy, Spain, the Czech Republic, Slovakia and Switzerland. In this ...
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Article
A new generation and record results for BasicNet
A new generation is taking over at BasicNet, the parent company of brands like Kappa, Superga and Sebago, after the company reported the best financial results in its history. Its consolidated sales grew in 2018 by 14.7 percent to €210.4 million, with a growth of 15.2 percent in local currencies. ...
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Article
Steve Madden posts a strong quarter, overshadowed by Payless’ bankruptcy
Continuing on its strong performance in the previous months, Steve Madden once again posted upbeat results in the fourth quarter of 2018, driven by strong growth in both wholesale footwear and accessories. The flagship Steve Madden brand stood out, in both footwear and handbags. The group also saw outstanding growth for ...
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Article
Baldinini quits the U.S., boosts e-commerce
Baldinini has decided to stop its costly investments in the U.S. market, which it had attacked a few years ago in an effort to diversify geographically from the volatile Russian market, which still represents around 80 percent of its annual turnover of around €100 million. The Italian company will close ...
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Article
Harrys comes back to New York
Harrys of London, the purveyor of high end lace-ups, loafers, sneakers and slippers, has opened a flagship store at one of New York City's most exclusive junctions, Park Avenue and East 57th Street, just a few blocks from Bloomingdale's and the Plaza Hotel.The brand's profile has risen as celebrities, like ...
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Short stops
Högl, which regards itself as “the Austrian quality shoe brand,”...
Högl, which regards itself as “the Austrian quality shoe brand,” is offering a new collection for the next autumn/winter season inspired by Gustav Klimt and other artists from the Viennese Art Nouveau movement that lasted from 1890 to 1910
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News briefs
Belle International, the largest Chinese operator of athletic footwear stores...
Belle International, the largest Chinese operator of athletic footwear stores for international brands, is planning to go public again with a valuation of $2.87 billion, according to Reuters. The company was taken private in 2017 with a valuation of $6.8 billion by a group of investors led by its management, ...
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News briefs
The French shoe retailers' association (FDCF) has a new president,...
The French shoe retailers' association (FDCF) has a new president, Sandrine Lacotte Garcin. She replaces Philippe Daquai, who served as FDCF's president for six years. Daquai will become honorary president of the association. Lacotte Garcin is the owner of three shoe shops in Marseille, Avignon and Aix-en-Provence, in southern France. ...
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Article
Asian manufacturers flock to Milan
A new trade show for Asian shoe producers will take place in Milan at the same time as Expo Riva Schuh in Riva del Garda on June 15-18, more or less coinciding with the menswear shows in Milan, which will run from June 15 to 18. Called Misaf for Milan ...
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News briefs
Bernard Arnault, the controlling shareholder of LVMH, ranked briefly a...
Bernard Arnault, the controlling shareholder of LVMH, ranked briefly a few days ago as the third wealthiest man in the world, according to the Bloomberg Billionnaires index, overtaking Warren Buffet before the recent release of the results of his company, Berkshire Hathaway. The current ranking sees Arnault back in the ...
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News briefs
In February Ian Niblock was appointed general manager of Fagus,...
In February Ian Niblock was appointed general manager of Fagus, the German brand of lasts. Niblock replaces Kai Greten, managing partner of Fagus-GreCon Greten. Fagus has production sites in Germany, the Czech Republic, Portugal, Thailand and Belarus. Niblock has been working for the company since 2017 – first as innovations ...
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News briefs
Eram has appointed Julien Bianchi as the new managing director...
Eram has appointed Julien Bianchi as the new managing director of TBS. He succeeds Jean-Marc Taillieu, who left TBS in September 2018. Bianchi has 15 years of experience in the sports and footwear sectors. He has previously worked at Kappa Europe (formerly Sport Finance), La Halle and venteprivée.com. TBS will ...
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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 was lately with Brown
