All Shoe Intelligence articles in Volume 22, Issue 17+18 – Page 4
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News briefs
Skechers launches Dr. Seuss collection
Skechers is bringing Dr. Seuss’ world into wearable designs in its shoes for women and kids through a new multi-year worldwide partnership. The new Skechers x Dr. Seuss collection is debuting with “The Cat in the Hat,” one of Dr. Seuss’ famous characters, featured in popular styles from Skechers Street, ...
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ArticleAlibaba’s core domestic business returns to pre-Covid levels
The giant Chinese e-commerce company Alibaba said that its domestic core commerce business has ”fully recovered” to pre-Covid-19 levels during the first quarter ended on June 30. Revenues rose by 34 percent year-over-year to 153.8 billion yuan renmimbi (€18.8bn-$22.2bn) during the quarter, beating market expectations of RMB 148 billion. Annual ...
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News briefs
Timberland and BASF join forces on work shoe
Timberland’s Reaxion shoe features the brand proprietary Aerocor Energy System as well as BASF’s Elastollan thermoplastic polyurethane (TPU). Timberland’s Aerocore Energy System comprises three layers that work together for energy return, comfort and grip: the Anti-Fatigue Technology footbed, a foam midsole, and a non-marking outsole. Meanwhile, the outsole of the ...
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News briefs
Garmont’s new model has a Michelin sole
Garmont of Montebelluna, Italy, has added to its Dragontail line a model designed in collaboration with Michelin. The Tech GTX is a lightweight technical-designed shoe with a non-slip sole made by the French tire manufacturer.
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News briefs
BASF opens its first global footwear innovation center in Taiwan
BASF, the German chemical group, has opened its first global Footwear Innovation Center in Taiwan. The 7,000-square-foot facility, inaugurated on Aug. 11, is located within the footwear manufacturing site of its strategic partner Longterm Concept (LTC) in Changhua, Taiwan. The Footwear Innovation Center includes three main zones. The Design Zone ...
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News briefs
Momad will take place in February 2021
Momad, the International fashion, footwear and accessories exhibition in Madrid, organized by IFEMA, was planned to be held on Sept.16-20, but the organizers have finally decided to postpone it to next year. The event is now scheduled to take place on Feb. 4-6, 2021, alongside three other trade shows: Intergift, ...
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ArticleYokono expects to slightly increase in full-year sales
Yokono, a Spanish footwear specializing in sandals, hopes to finish 2020 with a slight increase in sales despite a fall in revenues in the first half due to the impact of the coronavirus pandemic. Last year, the company, which is based in the footwear cluster of Elche, posted sales of ...
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News briefs
Wolverine adopts First Insight's consumer analytics
Wolverine Worldwide has announced a strategic partnership with First Insight under which it will deploy its Voice of the Customer predictive analytics solution across its portfolio of 12 brands, including Merrell, Sperry, Saucony, Hush Puppies and Keds. The deal follows a successful test conducted by Hush Puppies in different regions ...
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ArticleACBC raises €2.3 million in capital hike
ACBC, a Milan-based start-up company that is offering a modular footwear technology, completed a €2.3 million capital increase in which a pool of investors took part. The online investing platform Doorway put nearly €1 million into the company through the capital injection. ACBC said that it has raised all the ...
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News briefs
Geox pays July wages of bankrupt logistics provider
Geox, through its unit Xlog, paid the wages for the month of July of about 380 employees of the logistics company Venere, a unit of the Milanese group CGS currently being liquidated after being declared bankrupt. The payment was reached after Xlog reached an agreement with the Treviso chapter of ...
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ArticleYue Yuen posts a $136.7 million loss in H1
Yue Yen Industrial Holdings was hard hit by China’s measures to contain the spread of coronavirus. The world’s largest shoe manufacturer posted a net loss of $136.7 million for the first half of 2020, against net income of $165.9 million for the year-ago period. The company managed to reduce operating ...
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News briefsCamtrade rebranded The Enjoiya Group
The U.S. women’s wholesale footwear firm Camtrade has changed names to The Enjoiya Group. The company manufactures and distributes three shoe brands, Enjoiya, Secret Celebrity and Soft Comfort. They have an emphasis on comfort and fit, with price-value also a key component in the market positioning. Enjoiya is the company’s ...
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News briefs
Birkenstock’s retail head leaves
Birkenstock’s retail director, Oliver Jansen, left in August to join Bahlsen Outlets, the outlet business of the German biscuit maker Bahlsen Group. The German sandal maker has yet to announce a successor Prior to joining Birkenstock in March 2018, Jansen worked for the fashion group Esprit, between October 2015 and ...
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News briefs
Mall operator in Spain sees worrying decline in July traffic
After a significant improvement in June, the footfall in Spanish malls managed by MVGM, the Dutch property management company, dropped sharply in July, raising concern that the sector may not enjoy a rapid recovery. Data released by the company, which oversees 1.1 million square meters of shopping space in Spain, ...
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ArticleDr. Martens full-year sales up 48%
Dr. Martens posted revenues of £672.2 million (€741.7m-$880.2m) in the full year ended on March 31, up by 48 percent from a year earlier. Direct-to-consumer sales through its e-commerce platform and stores grew by 51 percent to £301.6 million (€332.8m-$394.9m) while wholesale sales increased by 45 percent to £370.6 million ...
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ArticleFarfetch’s Q2 GMV surges and beats the company guidance
The British fashion e-tailer Farfetch saw gross merchandise value (GMV) increase by 47.7 percent year-on-year in the second quarter to $721.3 million. GMV of its digital platform business rose by 34.4 percent to $651.0 million. Excluding the impact of changes in foreign exchange rates, the increase reached 39.2 percent. The ...
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ArticleGrendene’s sales tumble by 86% in Q2
The downward spiral continued in the second quarter for Grendene, whose sales tumbled by 85.8 percent to 82.1 million reais (€13.0m-$15.3m), following several quarters of declining sales. The Brazilian group, which owns brands such as Ipanema and Melissa, sold 4.3 million pairs during the period, or 25.8 million fewer than ...
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News briefsKeen and Garcia Family team up for limited edition and good cause
Much to the chagrin of all “deadheads” – the nickname for fans of the band The Grateful Dead – on this side of the Atlantic, it probably won’t be available in Europe, but it’s worth noting that Keen has teamed up with the Jerry Garcia Family to present a new ...
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ArticleOmni-channel retail specialist to become new president of Wolverine Worldwide
Brendan Hoffman will take office on Sept. 8 as the new president of Wolverine Worldwide, the company announced earlier this week. Hoffman will then also join the company’s board of directors. Source: Wolverine Worldwide Brendan Hoffman The omni-channel retail specialist brings 30 years of experience in merchandising, ...
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ArticleTheo Henkelman, Only A Shoes follow FNG Group into bankruptcy
The two Dutch shoe companies Theo Henkelman and Only A Shoes had to file for bankruptcy in the wake of the insolvency of part of the Belgian fashion firm FNG Group. The bankruptcy proceedings started on Aug. 10 for the two Dutch units. The administrator in charge of managing the ...
