All Shoe Intelligence articles in Volume 23, Issue 42+43 – Page 2
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ArticleHotter Shoes increases outdoor, active models in autumn/winter collection
The British footwear brand Hotter Shoes has decided to take advantage of the surge in people taking more exercise during the Covid pandemic by focusing on outdoor and active additions to its autumn/winter range. The omnichannel firm has added 18 styles to its active range out of 34 new designs ...
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ArticleMicam sets dates for 2022
Micam, the footwear trade show which is held at the Fieramilano Rho exhibition center at the outskirts of Milan, has released the dates of its two editions scheduled in 2022. For the first edition scheduled from Feb. 20 to 22 and focusing on the fall/winter 2022-2023 season, the organizers unveiled ...
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ArticleClarks distribution center strike continues over fire and rehire threat
Workers at the British shoe maker Clarks are continuing their strike action over threats to fire them if they reject new contracts on lower pay, with the company claiming it had made “significant concessions” in recent days. The strike started on Oct. 4 when more than 100 staff walked out ...
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News briefs
Sales of premium fashion tripled in Russia
Sales of premium apparel, footwear and accessories in Russia tripled value in the first three quarters of 2021 compared to the same period of the previous year, according to the Russian data provider ODF. “April to June [2020] was the period of the toughest lockdown in Russia. Therefore, it was ...
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News briefs
Wildberries enters the Baltic states
Russia’s largest online retailer Wildberries is expanding in Latvia, Lithuania and Estonia, but the marketplaces are only available in English and Russian. The company also announced that iOS and Android mobile applications would soon be available in the three Baltic countries. Wildberries indicated that orders in the countries are delivered ...
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News briefs
Burberry appoints a new CEO
The British luxury fashion company Burberry has appointed Jonathan Akeroyd as chief executive and executive director, effective April 1, 2022. He will replace Marco Gobbetti, who is stepping down on Dec. 31 to join Salvatore Ferragamo as CEO and general manager. Burberry’s chairman Gerry Murphy will chair the company’s executive ...
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ArticleSpanish shoemakers expect to emerge from Covid-19 crisis by 2022
The Spanish footwear industry suffered severely from the outbreak of the Covid-19 pandemic in 2020 but has since enjoyed a 35 percent rebound in production during the first half of 2021. In an interview with Shoe Intelligence, Imanol Martínez, the marketing & international business development director of the Spanish footwear ...
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News briefs
Caleres hires a new head of customer marketing
Suzy Cirulis has joined Caleres as senior vice president in charge of customer marketing. In this role, she will lead the company’s customer marketing efforts across the entire Caleres portfolio including customer relationship marketing, customer insights and customer analytics. She was most recently chief marketing officer at Crate and Barrel. ...
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News briefs
H&M considering sourcing in Russia
The Swedish retailer Hennes & Mauritz (H&M) is considering the possibility of buying goods from Russian producers, Saed El-Ashkar, the company’s general director in Russia, told the news agency Interfax. “H&M does not have its own factories and places orders with independent suppliers worldwide, from India, Bangladesh, China to Turkey ...
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News briefs
Softstar launches a hiking boot
Renowned since the late 1980s for its in-house designed and hand-made, minimal, leather footwear featuring the “barefoot” feel, and zero-drop soles, Softstar is now launching a hiking boot. Privileging high-quality, flexible, responsibly sourced materials that allow for free and natural movement and comfort, the Switchback boot is due to be ...
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News briefs
Allbirds opens 2 stores in the U.S.
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has opened two new stores in the U.S. It opened a 2,892-square-foot retail store and community center in Cambridge on Oct. 15. It is the brand’s second store in the Boston area. On Oct. 12, the brand opened a ...
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News briefs
Sheme to consolidate its position in China and Germany
Sheme, a Chinese brand of luxury women’s shoes which attracted the spotlight by being the first Chinese footwear brand to have attended the fashion weeks in London, Paris and New York, aims to consolidate its positions in its existing markets of China, which represents about 90 percent of sales, and ...
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News briefs
China to increase coal production by nearly 6%
China is due to increase coal production by nearly 6 percent to address power shortages affecting the country, the news agency AFP reported citing the country’s National Development and Reform Commission (NDRC). China is the world’s main coal producer and polluter, as well as the largest manufacturer of footwear, and ...
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ArticleC-Suite interview: UFG plans to continue expanding its brand portfolio
The Dutch company Unlimited Footwear Group (UFG) is in talks regarding the possible acquisition of two brands and of a license agreement. Any deal is expected to be struck by the end of the year, Bart van Helvoirt, co-founder and CEO of UFG, explains in an interview with Shoe Intelligence. ...
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News briefs
Saks Fifth Avenue plans to float e-commerce business
The e-commerce business of the American luxury department store chain Saks Fifth Avenue is aiming to go public soon at a valuation that is roughly triple what it was pegged at earlier this year, The Wall Street Journal reported. Saks is interviewing underwriters this week for a possible initial public ...
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ArticleEmerging designer: Arnaud Barboteau puts old tires back on the road
O.T.A. Paris, the brainchild of Arnaud Barboteau, was one of the 12 international up-and-coming footwear brands showcased on the Emerging Designers stand at the Micam footwear show at the Rho Fiera Milan fairgrounds from Sept. 19-21. Featuring soles made from redundant vehicle tires, O.T.A. Paris sneakers are distributed in 14 ...
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ArticleEobuwie issues convertible bonds for SoftBank
Eobuwie, the online retailer owned by the Polish group CCC, has sold 500 million zloty (€109.4m-$129.1m) worth of bonds to SoftBank Vision Fund 2. The proceeds of the bonds will help finance Eobuwie’s international expansion. The online retailer plans to more than double its annual sales to PLN 5 billion ...
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ArticleNice Footwear improves profitability despite revenue decline
In the full year that ended April 30, 2021, Nice Footwear increased earnings before interest, tax, depreciation and amortization (Ebitda) to €2.364 million from €1.781 million a year earlier despite a decline in revenues to €21.144 million from €24.270 million over the period due to the impact of the Covid-19 ...
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News briefs
Poshmark buys a sneaker authentication platform
Poshmark, a California-based social marketplace for the purchase and selling of new and secondhand clothing, shoes and accessories has acquired the sneaker authentication platform Suede One. The deal marks Poshmark’s first acquisition and no financial details were released. ”Suede One has built impressive capabilities in virtual authentication that will allow ...
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News briefs
SBTi approves eBay’s ambitious climate action goal
eBay’s ambitious greenhouse gas (GHG) reduction targets were approved by the Science Based Targets initiative (SBTi). The U.S. e-commerce company commits to cut its own (scope 1 and scope 2) emissions by 90 percent by 2030 from a 2019 base year, in line with limiting global temperature warming to 1.5°C ...
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