All Shoe Intelligence articles in Volume 22, Issue 21
View all stories from this issue.
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PDF NewsletterShoe Intelligence Newsletter: Vol 22 - 21
VF returns profitable in Q2 | Stella struggles in Q3 | Mario Bruni files for protection | Billionaire buys R.M. Williams | Reno’s new managing director | Footway to launch e-tail platform | New Italian firm may add footwear | El Corte Inglés offers e-commerce | Lenzing, Covestro join RCI | Sustainable financing in vogue
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Article
New concept manager for ANWR’s Quick Schuh
The Ariston-Nord-West-Ring (ANWR) group has appointed a new concept manager for its discount-oriented franchising subsidiary Quick Schuh. Johannes Schnütgen, an experienced manager with an in-depth knowledge of the franchise concept, takes over the post from David Mastrorilli, who will now be responsible for the business development of ANWR Schuh. ...
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ArticleRecord Q3 revenues for Crocs
Thanks to ”exceptional consumer demand and strong sell throughs,” Crocs saw its third-quarter revenues jump by 15.7 percent from the year-ago quarter to a record $361.7 million. In constant currencies they gained 15.9 percent. The company recorded growth in all channels and geographies. It also saw record sales in e-commerce, ...
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News briefsKlarna snaps up Woilà
Klarna, the Swedish online payments group which offers ”buy now, pay later” solutions, has acquired the technology and team of the startup Woilà, whose app allows consumers to get refunds if the price of a product falls after an online purchase is completed. Klarna said the acquisition, for which terms ...
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News briefs
French economy risks “collapse” with new lockdown
A new total or partial Covid-19-related lockdown could lead to a “collapse” of the French economy, according to the Confederation of Small and Medium-sized Enterprises (CPME). CPME warned that companies are currently “much weaker” than in March, when the government introduced a lockdown, and many, especially the smaller ones, would ...
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ArticleEl Corte Inglés offers e-commerce support to third parties
The Spanish department store El Corte Inglés is in talks with 100 brands to become their e-commerce partner, according to the Spanish daily Cinco Dias. But, no deals have been struck yet, it added, citing the company. The retailer would rely on its logistics platform to guarantee all the services ...
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News briefs
French footwear output down 31.0% in January-August
Because of the impact of the Covid-19 pandemic, French footwear production fell by 31.0 percent year-on-year in the first eight months of 2020, with revenues of shoe manufacturers down by 23.5 percent, according to the French National Leather Council (Conseil National du Cuir). Shoe exports, excluding slippers, fell by 17.0 ...
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News briefsUFG has a new DACH sales manager for license brands
Unlimited Footwear Group (UFG) has appointed Dirk Pues as sales manager covering Germany, Austria and Switzerland, the DACH business region, for its Brands-360 subsidiary which is in charge of licensed brands. Pues is scheduled to start on Dec. 1. A veteran of the footwear industry, Pues has been working as ...
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News briefs
Allbirds launches apparel line
Allbirds, the B Corporation certified Californian brand of sustainable footwear, has launched its first apparel line. It is available in the company’s 21 stores in the U.S., Europe, China and New Zealand and online. The collection comprises T-shirts made out of a fiber derived from discarded crab shells, cardigans and ...
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News briefsCaleres appoints VP of diversity, equity and inclusion
Caleres has appointed Amy Hunter as vice president of diversity, equity and inclusion. ”Hunter will help drive the company’s diversity, equity and inclusion strategy development and organization, including overseeing the company’s affirmative action plans,” the American footwear company said. Hunter will guide the company in its efforts around the focus ...
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News briefs
WhatsApp to add in-app purchases, enterprise message hosting
Facebook will soon be adding in-app purchases and enterprise message hosting to WhatsApp. Companies will be able to use Facebook Shops – the e-commerce platform that made its debut in May and feeds into all Facebook apps – to sell products through the messaging app. Companies will also be able ...
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News briefsMyShoes buys eight stores from Dielmann
Schuhhaus Dielmann, the German footwear chain currently in administration under creditor protection proceedings, will sell eight stores to MyShoes. The deal still has to be cleared by the national competition regulator, Federal Cartel Office, and landlords, but is scheduled to close on Dec. 1. Previously Dielmann said it would close ...
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News briefsHavaianas creates international division
The Brazilian footwear group Alpargatas has created an international division for its flip-flop brand Havaianas. The division is based in Spain and run by Frédéric Lévy, a seasoned senior manager. Lévy was previously chief executive and president of Coravin, an America startup manufacturing products for the wine industry and currently ...
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ArticleOwner of the Mario Bruni brand fills for creditor protection
Spring, the Italian shoe maker that owns Mario Bruni, a brand of quality dress and formal men’s shoes, has filed for bankruptcy protection in order to reach an agreement with creditors or restructure its activity. Based in the Marche region’s footwear cluster, Spring was created in 1956 under the name ...
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ArticleHR Group hires new managing director for Reno
The German shoe retailer HR Group has a new managing director for its Reno footwear chain. Starting from Nov. 1, the retail expert Steffen Rosenbauer will join the company, taking responsibility for Reno’s entire international brick-and-mortar retail as well as the chain’s e-commerce and marketing. The Reno shoe chain ...
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ArticleFootway to launch a new e-commerce platform mid-Q4
Footway, the Swedish online shoe retailer, plans to launch a new e-commerce platform around the middle of the fourth quarter. The platform is based on a common global infrastructure to which all the group’s e-stores will be connected. The company runs the stores Footway, Sportamore, Brandos and Solestory. The move ...
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ArticleAustralian billionaire buys R.M. Williams
An Australian billionaire, Andrew Forrest, has bought R.M. Williams, the producer of an iconic Australian outback boot, from L Catterton, a private-equity company backed by LVMH, and some minority shareholders including the Australian actor Hugh Jackman. No financial details were disclosed but the Australian Financial Review said that the selling ...
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News briefsRussian Post launches bonded warehouse pilot project
The Russian state mail operator Russian Post announced a pilot project to set up bonded warehouses, where goods liable to customs can be stored and handled without payment of duty. In the future, these warehouses could manage half of all sales of foreign online stores present in the country, the ...
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ArticleSustainable financing becomes fashionable
The French fashion group Chanel in September became the latest company in the business to make use of sustainable financing, an increasingly important accessory in the portfolio of companies that are looking to lower their environmental footprint. Chanel offered €600 million in “sustainability-linked” bonds to finance the achievement of carbon ...
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ArticleContrasting consumer sentiment across Europe
The second wave of the Covid-19 pandemic is beginning to stifle the previously expected recovery of the European economy, particularly for the consumption of non-essential products and services. Fortunately, it has not yet led to the retail lockdowns of the first wave in the spring – except in Wales and ...
