All Shoe Intelligence articles in Volume 22, Issue 19+20 – Page 2
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ArticleEram bets on cheaper French-made shoes
The French shoe retailer Eram has expanded its range of French-made shoes to include best-selling, easy-to-wear models, at an affordable price. Until now, the pairs produced in its Montjean-sur-Loire factory were higher-priced trendy and original fashion models. The new cheaper, locally-produced pairs are part of the Eram Flex range, which ...
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ArticleFive major fashion trade fairs regrouped under one single event in Paris
In France, due to the coronavirus crisis, the organization of trade fairs has been completely reshuffled this fall, with several constraints. As a result, five fashion events where cancelled and regrouped as one event that was held from October 2 to 4 in the Tuileries garden in Paris, offering an ...
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ArticleCCC focuses on Central and Eastern Europe
Online sales were the main driver of growth in the latest quarter for CCC, the international Polish-based shoe manufacturer and retailer, and the company continues to invest heavily to develop its e-commerce infrastructure. Meanwhile, the company is letting go of unprofitable parts of the business in Western Europe, and has ...
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ArticleExpo Riva Schuh, APLF fairs rescheduled
Expo Riva Schuh and APLF have decided to reschedule their forthcoming shows as the Covid-19 pandemic continues to impact global travel and is even expanding again in some regions such as Europe. Expo Riva Schuh, the leading international shoe fair for the low and medium segments of the footwear market, ...
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News briefsZalando launches Brand Homes for more customer engagement
Zalando has launched a new offer, called Brand Homes, that allows brands to supply high-quality and directly curated content to lead customers to engage with them on its website longer and more frequently, or to discover them for the first time. The service is also meant to enrich the customer ...
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ArticleCCC Germany files for insolvency under self-administration after pandemic hits sales
The coronavirus pandemic throws yet another footwear chain into disarray, after extended lockdowns last spring and a sluggish summer sent sales plummeting. German footwear retailer CCC Germany GmbH filed for self-administration proceedings under the German insolvency legislation at the Osnabrück District Court. The company, a subsidiary of HR ...
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ArticleAlibaba in partnership with the duty free retailer Dufry in omnichannel drive
The Chinese e-commerce group Alibaba has entered into a partnership with the Swiss duty free retailer Dufry that will further integrate online and offline shopping. The parties will form a strategic joint venture in China, and Alibaba will become a minority shareholder in Dufry.
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ArticleTexon unveils new 100% recyclable insole tech
Texon, the producer of materials for the footwear industry, has unveiled a new insole technology that is based on 85 percent recycled polyester (rPET) and is 100 percent recyclable. Texon Ecoline is produced with a special fusion-bonded process that enhances the internal bond structure of the material’s fibers, which are ...
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ArticlePittards sees more opportunity than risk in the “new normal”
Despite losing nearly half its sales and posting a net loss in the first half six months of the year, Pittards sees “more opportunity than risk in the new normal that is emerging.” The British leather and leathergoods manufacturer, which owns the brand Daines & Hathaway, suffered a 45 percent ...
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News briefs
Dielmann to close 13 stores
Schuhhaus Dielmann, the German footwear chain currently placed into administration after the launch of creditor protection proceedings, will close 13 stores by the end of the year. The shops operate under the names Dielmann, Dstep and Sommerkind. In a statement, the company added that clearance sales will start in the ...
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News briefs
Clarks reportedly enters exclusive talks with LionRock Capital
Clarks has decided to enter exclusive talks with LionRock Capital in order to sell a majority stake to the Hong Kong-based investment firm, the news agency Reuters reported citing a source familiar with the matter. It added that LionRock prevailed in an auction process and that the British footwear company ...
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ArticleCovid-19 is forcing fashion and retail to rethink their business models
The Covid-19 pandemic has accelerated changes in consumer attitudes towards fashion and retail, and calls are getting louder for “something to be done,” namely fewer collections, less fast fashion and more attention to sustainability.
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News briefsConverse changes eyewear licensee
Converse has changed its eyewear licensee and entered an exclusive, long-term global agreement with the American company Marchon, which replaces the Italian company De Rigo. The sun and optical collections designed under the new partnership will roll out globally at the beginning of January 2021. Taking cues from the brand’s ...
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News briefs
Wolverine releases a bourbon-themed boot
Wolverine has collaborated with Old Rip Van Winkle Distillery of Kentucky on a limited-edition boot, timing its release on Oct. 1 to coincide with that of the distillery’s bourbons. Made in the U.S., the boot is a cap-toe 1000 Mile silhouette with Horween Cavalier Squash leather, gold hardware and a ...
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News briefsNew Tencel fibers receive CarbonNeutral certification
Under the Tencel brand, the Austrian firm Lenzing is releasing Lyocell and Modal fibers that have received CarbonNeutral certification. In other words, they comply with the carbon-neutral protocol set up – originally in 2002 – by Natural Capital Partners. In Lenzing’s summation, “the emissions associated with the fibers’ production, manufacturing ...
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News briefs
Wildberries faces sanctions in Ukraine
Ukraine may impose sanctions against Russia’s largest online retailer, Wildberries, according to a proposal by the Ukrainian Minister of Culture and Information Policy, Oleksandr Tkachenko. The recommendation was made after Wildberries announced plans to begin sales in Ukraine. The minister called on the government to consider the possibility of applying ...
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News briefsTamaris launches an online store in Russia
Tamaris, the shoe brand owned by the Wortmann Group, has launched an online store in Russia to support growing sales in the country. The opening of a digital store comes after a successful marketing campaign for the spring-summer season and a rapid development of offline sales, the company said. As ...
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ArticleH&M expects 250 net store closures in 2021
Hennes & Mauritz (H&M) expects a net decrease of about 250 stores in 2021, as the Swedish retailer faces growing pressure to sell online. It highlighted that rapid changes in customer behavior have been further accelerated by the Covid-19 pandemic. Therefore, it is stepping up the pace of its transformation ...
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News briefs
Dainese buys motorcycle boot producer TCX
The Italian motorcycle gear and sportswear group Dainese has acquired TCX, an Italian producer of motorcycle boots. Financial details for the acquisition of TCX, which is based in Montebelluna in the province of Treviso, were not disclosed. “TCX possesses in-depth technical and development expertise in the world of motorcycle footwear ...
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ArticleAdidas issues maiden sustainability bond
Adidas has announced the successful placement of its first sustainability bond, whose offer was more than five times oversubscribed. The €500 million bond carries a 0.00 percent coupon and has a duration of eight years. It is divided into five equal tranches and will be listed on the Luxembourg Stock ...
