All Shoe Intelligence articles in Volume 21, Issue 9-10 – Page 6
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News briefs
24 Sèvres, the e-commerce site owned by LVMH, has shortened...
24 Sèvres, the e-commerce site owned by LVMH, has shortened its name into “24S.” The site was previously named after Paris' rue de Sèvres, where Le Bon Marché, LVMH's high-end department store, is located. The website was launched two years ago. It sells around 150 brands of clothing, accessories and ...
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News briefs
Birkenstock Mexico closed 2018 with sales up by 30 percent...
Birkenstock Mexico closed 2018 with sales up by 30 percent from the previous year and expects a further increase of 40 percent by the end of the current year. Pablo Rozada, the division's head of sales, revealed the figures recently in an interview with FashionNetwork.com. Established 15 years ago, the ...
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News briefs
The German shoe retailing market is increasingly consolidating. Between 2010...
The German shoe retailing market is increasingly consolidating. Between 2010 and 2017, the number of retail companies operating in the sector shrank from 7,250 to around 3,800, according to data published by the Federal Statistical Office. However, the decline did not have a significant impact on the number of individual ...
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Article
Grendene sees lowest sales volumes in 15 years
After a difficult 2018, there has been no sign of respite for Grendene, which posted disappointing results for the first quarter. Its overall shipments out of Brazil declined by 37.0 percent from the year-ago quarter in terms volume to 6.9 million pairs, while 21.6 million pairs were sold in Brazil, ...
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News briefs
In its latest RepTrak survey of 100 Danish companies, the...
In its latest RepTrak survey of 100 Danish companies, the Reputation Institute ranked Ecco second, behind Lego. This was an improvement of seven slots from last year for the big Danish footwear company. RepTrak, short for reputation-tracking, ranks Denmark's companies by seven criteria: products & services, innovation, workplace, governance, citizenship, ...
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News briefs
Vibram is celebrating the 10th anniversary of the Vibram Technological...
Vibram is celebrating the 10th anniversary of the Vibram Technological Center (VTC) in Guangzhou, China. The facility is an innovation hub where the Italian brand studies innovative compounds and technologies and creates prototypes of new products prior to launching them on the market. The VTC staff operates in close synergy ...
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News briefs
The second and last Chinese replica of 10 Corso Como,...
The second and last Chinese replica of 10 Corso Como, the Milanese luxury concept store, opened by the Trendy Group in Shanghai in 2013, will close its doors next month. A more recent replica in Beijing was shut down in 2017.
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Article
Ferragamo posts encouraging Q1 results
After its previous weakness, Salvatore Ferragamo posted more convincing first-quarter results as its sales rose by 4.3 percent, both a current and constant exchange rates, to €317.1 million, beating market expectations by over €2 million.The gross margin rose to 63.3 percent in the first quarter from 62.3 percent a year ...
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News briefs
Deckers Brands has been awarded damages of $450,000 by a...
Deckers Brands has been awarded damages of $450,000 by a Chicago District Court in a three-year-old lawsuit against an Australian company, called Australian Leather, which has been using the Ugg trade name, claiming that it is a generic reference to a certain type of Australian boots. The court found that ...
