All Shoe Intelligence articles in Volume 21, Issue 7-8 – Page 2
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News briefs
M.Moustache is enabling its customers to help save the planet....
M.Moustache is enabling its customers to help save the planet. The French shoe firm has launched a recycling program called Encore, in partnership with I:CO. Two collection points have been installed in its Parisian shops to allow customers to bring back their used shoes. The items can be of other ...
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Article
Ferragamo may be turning the corner
Salvatore Ferragamo reported a 25.5 percent drop in its 2018 net profit excluding minority interests to €88.4 million and also cut its annual dividend to €0.34 per share from €0.38 a year earlier. As already reported (Shoe Intelligence Vol. 21 N° 3+4 of Feb. 9), the company's revenues for the ...
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News briefs
Le Coq Sportif and Opium, a dedicated sneaker shop in...
Le Coq Sportif and Opium, a dedicated sneaker shop in the dead center of Paris, have collaborated on a limited-edition sneaker. Based on the Freestyle, a mountain-bike shoe from Le Coq's back catalogue, the LCS R1000 was designed in part by – and exists in tribute to – the three ...
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News briefs
The distinctive sole of Converse shoes cannot be patented in...
The distinctive sole of Converse shoes cannot be patented in the European Union. The General Court of the EU has endorsed an earlier verdict by the EU's Intellectual Property Office that invalidated a 3D trademark for the sole requested by the brand. Carrefour opposed its registration in 2010. Three other ...
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News briefs
Deichmann placed third in this year's contest for the German...
Deichmann placed third in this year's contest for the German Online Award in the Fashion & Accessories category. Bonprix, a retailer of clothing, shoes and other accessories owned by the Otto Group, won the first prize, followed by Ernsting's Family, a retailer of clothes and accessories for children and women ...
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Article
DIS completes funding round, diversifies its range
DIS, an Italian startup that offers high-end customized shoes, raised €330,000 in a capital increase achieved through a crowdfunding campaign launched last September (see Shoe Intelligence Vol.20 n°19+20 of Oct. 20, 2018) and direct investments by two business incubators, B Heroes and The Hive.The new shareholders control 7.35 percent of ...
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Short stops
Galeria Kaufhof Karstadt is the new name of the company...
Galeria Kaufhof Karstadt is the new name of the company coming out of the merger of the Karstadt and Kaufhof department store chains in Germany
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News briefs
Red Wing Shoe Company is opening its first flagship in...
Red Wing Shoe Company is opening its first flagship in Manhattan, specifically at 11 Penn Plaza in Midtown. The store's 3,300 square feet will contain a New York City Wall of Honor, for famous locals who like the brand's boots, and a boot repair and care bar, with customer service ...
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Article
Foreign-owned luxury companies outperform Italian locals
Italian luxury goods firms controlled by large foreign groups, such as Kering and LVMH, have been performing significantly better than their peers regardless of the type of shareholder structure. The worst performing category were companies controlled by private equity firms, according to a survey carried out by PricewaterhouseCoopers.According to PwC, ...
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Article
Lower foreign sales by German shoe companies
The growth of the German footwear industry weakened considerably in 2018, weighed down by lower sales abroad, according to an annual report by the Federal Association of the German Footwear and Leathergoods Industry (HDS/L), presented at last month's Gallery Shoes fair in Düsseldorf.In 2018, the total sales of German shoe ...
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News briefs
Prada has entered a collaboration with Oracle under which it...
Prada has entered a collaboration with Oracle under which it will adopt a series of technological solutions from the American data management firm to boost the efficiency of its retail network. Oracle will help analyze historical data and current market demand across the Italian group's 634 mono-brand stores to improve ...
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News briefs
Raymond Massaro, the legendary French cobbler, has died in Paris...
Raymond Massaro, the legendary French cobbler, has died in Paris at the age of 90. He was the grandson of Sébastien Massaro, who founded his workshop in 1894 at 2, rue de la Paix in Paris. Raymond Massaro took over the business in 1957. Also in the 1950s, he designed ...
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News briefs
Stahl, the Dutch specialist in leather and performance coatings and...
Stahl, the Dutch specialist in leather and performance coatings and dyes, and Applied DNA Sciences have signed a non-binding Memorandum of Understanding (MOU) to accelerate the use of molecular tagging in leather supply chains. Under the terms of the deal, the two parties will evaluate the molecular tagging of process ...
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News briefs
Victor Herrero, a former chief executive of Guess, and Stephen...
Victor Herrero, a former chief executive of Guess, and Stephen Bolton, a former top executive of Unilever and Diageo, joined the board of directors of Clarks earlier this month as non-executive directors. Another new manager with experience in real estate and equity investment, Peter Clark, joined the board last November. ...
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Article
DSW unveils new strategy, changes name
The American shoe retailer reported strong sales for its fourth fiscal quarter, but its shares tumbled by almost 25 percent as it posted a surprising loss and issued a weak outlook. The management unveiled a new strategy to support the company in the long term, and decided to change its ...
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Article
Manufacturing challenges impact Yue Yuen’s results
Yue Yuen Industrial said that its manufacturing business continues to face a number of uncertainties, including intense competition and the changing demands of its clients, such as the shortening of lead times and increased seasonality.Revenues from manufacturing activities declined by 1.5 percent to $5,390 million in 2018 for the world's ...
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News briefs
Vivarte has sold its Chevignon chain of clothing shops to...
Vivarte has sold its Chevignon chain of clothing shops to Financière Royer, parent company of the Royer Group, and to two other investors specialized in fashion and retailing, Stéphane Collaert and Thierry Le Guénic. The banner made a turnover of around €24 million last year through its web store and ...
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News briefs
The Portuguese Footwear Technological Centre (CTCP) has established two testing...
The Portuguese Footwear Technological Centre (CTCP) has established two testing laboratories – one at its headquarters in São João da Madeira, south of Porto, and another in the town of Felgueiras, northeast of Porto – to help designers develop and test prototypes and sample collections. The labs are intended primarily ...
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Article
Obuv Rossii considers Central-Asian expansion
The big Russian footwear manufacturer and retailer participated for the first time in a fair in Almaty, the capital of Kazakhstan, to find ways to enter the country. Obuv Rossii said it is evaluating prospects in the broader Central Asian shoe market.In Kazakhstan, Obuv Rossii exhibited both its casual and outdoor ...
