All Shoe Intelligence articles in Volume 21, Issue 5-6 – Page 4
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News briefs
LK Bennett, the British shoe and apparel retailer and wholesaler,...
LK Bennett, the British shoe and apparel retailer and wholesaler, has filed for judicial administration, a British form of bankruptcy, after failing to find a new investor who is willing to take over the company as well as its debt. Ernst & Young will oversee the administration process, with five ...
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Article
ANWR expands the range of its services
The international ANWR Group, the voluntary consortium of independent retailers operating in various European countries, reported an overall increase of 9.5 percent in its total business volume to €9.5 billion for the past year. The growth was driven by a rise of 7.9 percent to €6.7 billion in the turnover of its ...
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News briefs
Rexor, the German buying group controlled by ANWR, recorded a...
Rexor, the German buying group controlled by ANWR, recorded a 3.8 percent increase in centralized settlements to €220.3 million in 2018. In Germany, Rexor managed to increase its sales by more than 10 percent last year. Follow-up orders from affiliated retailers decreased significantly in 2018, mainly because of difficulties in ...
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Short stops
The ANWR cooperative group of independent retailers in the Netherlands...
The ANWR cooperative group of independent retailers in the Netherlands gave Waldläufer, the German producer of comfort footwear, the Golden Shoe prize for strong sale figures, on-time and accurate deliveries as well as good handling of the after-sales process and creative marketing campaigns
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News briefs
The Skechers Foundation's tenth annual Pier to Pier Friendship Walk,...
The Skechers Foundation's tenth annual Pier to Pier Friendship Walk, in October 2018, raised more than $2 million. As a result, Skechers has now distributed checks totaling more than $1 million to six educational foundations and delivered a seventh check – for about $600,000, in its largest single donation to ...
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News briefs
Salvatore Ferragamo has promoted Paul Andrew to creative director. The...
Salvatore Ferragamo has promoted Paul Andrew to creative director. The English designer, who started off at the Italian company as women's footwear designer in 2016, had already taken charge of women's wear one year later. Christian Mainard will remain in charge of men's footwear and clothing, and he will also ...
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News briefs
In July, Wolfgang Neussner will assume the management of Leder & Schuh, the...
In July, Wolfgang Neussner will assume the management of Leder & Schuh, the Austrian parent company of the Humanic and Shoe4You retail chains. He will be replacing Werner Weber, who is set to leave the company in mid-2019. Neussner, who has had a seat on the company's advisory board since 2015, will be ...
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Article
Alpargatas ends the year on a high
Driven by the strong performance of Havaianas in Brazil and a 29.3 percent increase in the brand's international operations, Alpargatas' profitability surged in the fourth quarter of 2018. The Brazilian group benefited from favorable exchange rates overall, with the notable exception of Argentina, which is facing an economic crisis.Alpargatas' consolidated ...
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Article
Payless closes all its North American stores
While filing again for Chapter 11 bankruptcy protection in the U.S., Payless ShoeSource is conducting the largest liquidation sale in the country by the number of stores. It plans to close all its 2,587 North American stores before the end of May, taking advantage of the Easter selling season if ...
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News briefs
Aldo Brué has relinquished the European license for Bruno Magli,...
Aldo Brué has relinquished the European license for Bruno Magli, after deliveries of the last autumn/winter collection. The Italian company had obtained the license two years ago from Neuberger Berman, with the right to sell the products also in Asia. As previously reported (Shoe Intelligence Vol. 20 n°19+20 of Oct. 20, 2018), ...
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News briefs
Tod's has hired Carlo Alberto Beretta as general brand manager,...
Tod's has hired Carlo Alberto Beretta as general brand manager, effective Feb. 25. He will report to the group's chief executive and general manager, Umberto Macchi di Cellere. Beretta's past experiences include chief client and marketing officer for Kering from September 2016 to November 2017 and chief executive officer for ...
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News briefs
Golden Goose Deluxe, the fast-growing Italian brand of sneakers, aims...
Golden Goose Deluxe, the fast-growing Italian brand of sneakers, aims to achieve annual sales of €500 million in the next three years compared with €186 million in 2018. More than 80 percent of the turnover comes from outside Italy. The company, which has been controlled since 2017 by a U.S. ...
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News briefs
Iconix Brand Group has signed an exclusive licensing agreement with...
Iconix Brand Group has signed an exclusive licensing agreement with One Step Up for Pony, one of 30 brands in Iconix' portfolio of consumer brands. Under the three-year agreement, One Step Up and its subsidiaries – Fashion Footwear, Aggressive Apparel and Kidz Concepts – will design and manufacture Pony footwear ...
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News briefs
Tapestry is beginning to take advantage of new synergies in...
Tapestry is beginning to take advantage of new synergies in shoe production between two of its brands, Coach and Stuart Weitzman. The American company has set up a team to produce a 1941 capsule collection of Coach shoes in Petrer, with an annual capacity of around 12,000 pairs. Petrer is ...
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News briefs
Berkemann has acquired a shoe factory in Martfü, Hungary. The...
Berkemann has acquired a shoe factory in Martfü, Hungary. The German shoe company, based in Zeulenroda, will produce over 100,000 pairs of shoes per year at the new site. The takeover of the plant became necessary after Berkemann's existing Hungarian facility in Kiskunfélegyháza reached full capacity, said the company. With ...
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News briefs
Buffalo Boots, the German footwear brand acquired by Deichmann in October...
Buffalo Boots, the German footwear brand acquired by Deichmann in October 2016, has decided to close down its mono-brand stores in Düsseldorf and Cologne. The company will now be focusing on its wholesale business. Over the past 18 months, Buffalo had been striving to reposition its business and strengthen its brand. ...
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News briefs
The 96th edition of Lineapelle, which was held at Fieramilano...
The 96th edition of Lineapelle, which was held at Fieramilano Rho on Feb- 20-22, saw the number of visitors increase slightly, up by 1 percent as compared with the February 2018 edition. Visitors came from 114 countries. Russia and Japan showed the largest increases, with visitors up by 29 percent ...
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News briefs
Office Shoes has reported that its sales for the 52...
Office Shoes has reported that its sales for the 52 weeks to July 2018 totaled £285.5 million (€332.4m-$374.8m), down from £298.7 million in the previous fiscal year, which had 53 weeks. The British shoe retailer's gross margin slipped to 44.4 percent from 46.0 percent due increased markdowns. The pre-tax profit ...
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Article
Geox posts convincing Q4 results
Geox reported a net loss and declining sales for the past year, but posted convincing fourth-quarter results, especially for its directly-managed stores and e-commerce. The revenues of €827.2 million for the full year were down by a reported 6.5 percent and by 5.5 percent at constant foreign exchange rates, but ...
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News briefs
On Jan. 30, the Italian shoemaker Rucoline applied for debt...
On Jan. 30, the Italian shoemaker Rucoline applied for debt protection with a court in Perugia. The company was granted 120 days to present a reorganization plan including a debt restructuring proposal for its creditors. According to the daily Italia Oggi, Rucoline faced financial difficulties after a Chinese client, Eva ...
