All Shoe Intelligence articles in Volume 22, Issue 5+6 – Page 3
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News briefs
Wolverine appoints global brand presidents
Wolverine World Wide has appointed Joelle Grunberg as global president of its Sperry division and Tom Kennedy as global president of the Wolverine brand, with oversight for the Licensing Group and membership on the acquisitions team. Grunberg has spent the past seven years as president and chief executive for North ...
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News briefs
Bama modifies executive board
Bama , the German producer of shoe care products that is part of the Serafin group, has strengthened its executive board. It appointed Dr. Stefan Rassau as chief executive officer in February. The 47-year-old has 15 years of leadership experience in retail, sales and marketing. He started out at Roland ...
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News briefs
Earcth Inc. has new executive VP of sales
Earth Inc. has made Mark Parsley executive vice president of sales and Alain Gervais executive vice president of supply chain and operations. Parsley was formerly an executive at Marc Fisher Footwear and Timberland and a salesman at Timberland and Bostonian . Gervais, currently chief executive of Al Gervais Consulting , ...
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Article
Germany withstands the disease in better ways
Italy, the largest shoe manufacturing country on the continent, has suffered the highest number of deaths, followed by Spain, the second-largest producer. The official number of deaths related to the epidemic is now higher in Italy than in China, where it started last December. After Italy, Spain became the second ...
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News briefs
CEO and president of Coach steps down
Tapestry , the parent company of Stuart Weitzman , previously called Coach , has announced the departure of Joshua Schulman , chief executive and president of the Coach brand, after a transition period. During the search for Schulman’s successor, Tapestry’s chairman and CEO, Jide Zeitlin , will have direct oversight ...
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News briefs
Jimmy Choo's CEO stepping down
Pierre Denis , the chief executive of Jimmy Choo for the past eight years, will leave the company in May to become CEO of the American cosmetics group Coty . Jimmy Choo, which is owned by the U.S. group Capri Holding , is seeking a replacement.
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News briefs
Designer Brands appoints chief growth officer
Designer Brands has appointed William Jordan as its chief growth officer, a new position within the American footwear retail group. Jordan is a 14-year veteran at DSW and was made its president in February 2019. In the past he has served as chief administrative officer, executive vice president and chief ...
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Article
Italy’s 2019 shoe production fell by 3.1% in volume
Italian footwear production fell by 3.1 percent to 178.6 million pairs in 2019 as the industry continued to suffer from a weak domestic market and a decline in export volumes, according to an estimate released by the Italian shoe industry association Assocalzaturifici . The value of the production rose by ...
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Article
Lower foreign and domestic sales by German shoe companies
The growth of the German footwear industry weakened in 2019, weighed down once again by lower sales abroad, according to an annual report by the Federal Association of the German Footwear and Leathergoods Industry (HDS/L) and presented at the Gallery Shoes fair in Düsseldorf earlier this month. In 2019, ...
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News briefs
New GM for southern Europe at Alpargatas
Vittorio Fiorio has been promoted general manager for southern Europe at Alpargatas , the Brazilian shoemaker that owns Havaianas , Osklen and Dupé . He replaces Michele Pittureri , who became vice president in charge of Southern Europe at Global Brands Group . Fiorio served previously as business development director ...
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Article
German shoe retailers post record growth in a difficult market
According to the German Federal Association of Shoe Retailers (BDSE) , German shoe retailers recorded an increase of year-on-year 3 percent in their sales in 2019, expanding the total market to around €11.8 billion. The situation for German shoe retailers was positive last year except for a difficult winter, ...
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News briefs
CEO of Yoox Net-a-Porter stepping down
Federico Marchetti , the founder, chairman and chief executive of Yoox Net-a-Porter , the Italian-based online fashion retailer owned by the Swiss Richemont group, plans to step down as chief executive in 2021. In an interview with WWD , Marchetti said that he intends to remain as chairman to “ensure ...
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Article
ANWR Germany reports lower centralized settlements
At its Campus Second trade show held on March 3-5 in Mainhausen, near Frankfurt, ANWR looked at its 2019 business year. ANWR’s two main German retail cooperatives, ANWR Schuh and Garant , recorded a decrease in centralized settlements from €885 million in 2018 to €865 million in 2019. At ...
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News briefs
ANWR appoints board spokesman
The ANWR Group , the big international cooperative of independent retailers based in Mainhausen near Frankfurt, appointed Frank Schuffelen as the new spokesman for its board last week. The 51-year-old has been a member of the executive board since 2011 and is currently responsible for corporate development and corporate communications, ...
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Article
With higher sales and visits, Zalando pushes its marketplace
Zalando ’s momentum keeps going, and the e-tailer is looking at new ways to grow after posting strong results for the fourth quarter of the year. One of the highlights was a jump in the number of site visits, which progressed by 31.9 percent to 960.7 million. The company’s ...
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News briefs
Fiscatech acquires Sisa
Fiscatech has acquired Sisa , which specializes in the production of artificial leather, from Akea . The companies are all based in Italy, and Fiscatech and Akea had already collaborated prior to the acquisition. The announcement of the transaction was made by Fiscatech during the latest edition of Lineapelle , ...
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Article
Footway bids for Sportamore
The Footway Group , a Swedish online shoe retailer that is expanding internationally, announced on Feb. 17 that it wants to buy Sportamore , a leading Swedish online retailer of sports products. Footway has offered to pay 439 million kronor (€41.5m-$44.9m) in cash and shares for Sportamore, or a premium ...
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News briefs
Zapaterias TG Factory Espana goes into liquidation
Zapaterias TG Factory Espana , a Spanish company that owns the footwear retailer Tino González , went into liquidation on Feb. 12 after having failed to find an acquirer. The company, which was founded in the 1980s, had already gone into administration in December 2013 and managed to come out ...
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Article
Change of control for Baldinini
An Italian investment company, Finross , is taking over the control of Baldinini , the well-known Italian shoe company. According to a local newspaper, Il Resto del Carlino , Finross, which is owned by the Rossetti family and based in Bologna, is acquiring a 60 percent stake in the 110-year-old ...
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News briefs
Cole Haan delaying IPO
Cole Haan is reportedly delaying the launch of its initial public offering (IPO) because of the coronavirus outbreak, which has led to major market declines on stock exchanges worldwide. The American shoe company was planning to be listed on the Nasdaq stock exchange in New York, according to documents filed ...
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