All Shoe Intelligence articles in Volume 22, Issue 19+20
View all stories from this issue.
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PDF NewsletterShoe Intelligence Newsletter: Vol 22 - 19+20
The casual shoe market grew in 2019 | Expo Riva Schuh, APLF rescheduled | Italian makers see sales down this year | Chanel buys Ballin | Birkenstock abandons purchasing groups | Chamatex to open “smart” factory | CCC focuses on Central, Eastern Europe | Brand reshuffle in Brazil | Eram enters second-hand market | Alibaba partners with Dufry | Zalando launches pre-owned trade
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News briefs
Hoff collaborates with Moisés Nieto
The Hoff Brand has released a women’s sneaker co-branded with its designer, the Spaniard Moisés Nieto, who founded his eponymous brand in 2011. The Moisés Nieto x Hoff has an upper of white leather with grey and blue accents, a white and red outsole, and a blue and white check ...
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News briefs
Li & Fung shuffles its top management
Li & Fung, which went private in May of this year, is shifting Joseph Phi from group president to chief executive. Spencer Fung, CEO since 2014, is in turn moving to executive chairman. He will be replacing William Fung, who is taking a seat alongside his brother, Victor Fung, on ...
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News briefs
Vans names Anderson .Paak as its global music ambassador
Vans has announced the appointment of Anderson .Paak as its first-ever global music ambassador. The artist, born as Brandon Paak Anderson and also known as AP, a three-time Grammy Award winning singer, songwriter and producer. AP once worked at a Vans retail store in Topanga Canyon, California. As an artist, ...
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ArticleAktiv Schuh, bankruptcy proceedings opened
Just a little more than two months after the ailing shoe retailer Aktiv Schuh filed for bankruptcy, the district court of Berlin-Charlottenburg officially announced the start of insolvency proceedings under self-administration. According to a statement from the court, the proceedings were opened on Oct. 1 and Torsten Martini of the ...
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ArticleeBay starts sneaker authentication
eBay is expanding its Authenticity Guarantee service to sneakers sold on its online platform as it takes on its rivals StockX and Goat in the fast-growing collectible sneakers market. Through the program, all new and pre-owned collectible sneakers sold on eBay for over $100 in the U.S. will be fully ...
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Article
EU agrees on common rules for travel restrictions due to Covid-19
The European Council has adopted a recommendation on a coordinated approach to travel restrictions in response to the Covid-19 pandemic. The council comprises the heads of state or government of the countries forming the European Union, as well as the president of the council and of the European Commission. ...
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ArticleGlobal talks on digital tax prolonged to 2021
The 137 countries involved in talks on base erosion and profit shifting (BEPS) due to the digitalization of the economy have agreed to keep working towards an agreement on the taxation of digital companies by mid-2021, thus acknowledging that they will fail to strike a deal by the end of ...
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ArticleStockX sees ‘remarkable’ growth in Q3
StockX, the online resale exchange for sneakers and streetwear, counted 25 million global monthly visitors to its platform in the third quarter and “continues to grow at a remarkable rate” as the resale market expands globally. In a third-quarter snapshot looking at its international performance, StockX noted that sell-side transactions ...
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ArticleThe casual shoe market grew by 6.0% in 2019
According to a study conducted by Shoe Intelligence in collaboration with Sporting Goods Intelligence, the branded casual footwear market grew by 6.0 percent in terms of invoiced dollars to an estimated level of $20.8 billion in 2019, in spite of strong competition from the athletic footwear brands in the disputed ...
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News briefs
Paul Green reshuffles its management
Paul Green, a Austrian footwear manufacturer specializing in women’s shoes, has undergone a management restructuring with Gerald Huber remaining the sole managing director after Gerhard Feger, Thomas Seiler and Guido Strebel stepped down but remained shareholders. Huber, 55, has been with the company since 2001. The company appointed Torsten Tesche, ...
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News briefs
25 former André stores to be auctioned
Twenty-five former shops of the French footwear retailer André will be auctioned from Oct. 27 to 30 in Grenoble. In July, a Grenoble-based court had chosen François Feijoo to take over André which had filed for insolvency. But, Feijoo only kept 55 of André’s stores, out of a total fleet ...
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News briefsClarks reportedly plans to close 50 stores
The Hong Kong-based private equity firm LionRock Capital wants Clarks to reach a Company Voluntary Arrangement (CVA) with its creditors before investing into the British footwear group, according to Sky News. A CVA would enable Clarks to close up to 50 stores and renegotiate rents for the rest of the ...
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ArticleMelania files for creditor protection
Melania Italia, an Italian footwear company specializing in children’s shoes based in the footwear cluster in the Marche region, has filed for creditor protection. The company was founded in 1966 by Manfredo Gironacci, who is still at the helm. A court based in the town of Fermo approved the request ...
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ArticleChanel buys Italian luxury shoe maker Ballin
Chanel has bought a majority stake in the Italian luxury shoe maker Ballin, which has its own brand and produces for third parties, including the French fashion house. The company will continue to be managed by the Ballin family and will be allowed to continue working with all its other ...
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ArticleSioux, Puma, Adidas, Buffalo, Jenah St. take top honours at PETA Germany’s Vegan Fashion Awards 2020
Sioux, Puma, Adidas, Buffalo and Jenah St. are among the winners of PETA (People for the Ethical Treatment of Animals) Germany’s Vegan Fashion Awards 2020, announced last week. Aimed at promoting animal-friendly and environmentally conscious fashion, the animal rights organization’s awards were presented this year for the seventh time ...
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ArticleStreetTrend buys Italian sneaker brand P448
StreetTrend has acquired the sneaker brand P448 from NoThanks, an Italian company based in Forli, and will enter it into its portfolio of footwear and fashion brands. StreetTrend is a fashion footwear and street wear brand company launched in 2017 by Wayne Kulkin, the former chief executive of Stuart Wetizman ...
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News briefsZalando raises full-year guidance on strong Q3 performance
Zalando has raised its outlook for the full year after “exceptionally strong and profitable growth” in the third quarter. The German online retailer now expects gross merchandise volume (GMV) to grow by 25-27 percent, revenues to increase by 20-22 percent and adjusted Ebit to reach €375-425 million in the full ...
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News briefs
Sonra to release a sneaker with Porsche Design
Porsche Design has collaborated with the German Sonra brand and its chief executive, the designer Hikmet Sugör, on a limited-edition luxury sneaker. Planned as a “collector’s item for street style lovers,” the Sonra Porsche Design Edition takes its cues from Porsche’s 912 model car, which is associated with “many emotional ...
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News briefsRussia reportedly planning to limit shoe imports
The Russian government is mulling over measures aimed at limiting footwear imports, according to the Russian press. The local authorities plan to take advantage of the situation created by the Covid-19 pandemic, including a slump in the import of fashion goods and restrictions on international travel, to expand the domestic ...
