All Shoe Intelligence articles in Volume 24, Issue 7+8
View all stories from this issue.
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News briefs
Nice Footwear inaugurates its Paris showroom
On April 5, Nice Footwear inaugurated its showroom in Paris. The 220-square-meter office is located at 42 rue Etienne Marcel, in the center of the French capital. During the opening, the Italian company presented the forthcoming autumn/winter collections of the brands Kronos, Avirex and Conte of Florence. France is Nice ...
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News briefs
Dr. Martens names a new global creative director
Dr. Martens has appointed Darren McKoy as its new global creative director. McKoy has been in the job since December 2021. He joined Dr. Martens in January 2015 as global category manager for footwear and in October 2017 become global category product director. Prior to the British footwear company, ...
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PDF NewsletterShoe Intelligence Executive Edition: Vol. 24 - 7+8
Italian shoemakers ask for aid | German shoemakers write off Russia | Clarks hires a new CEO | ACBC plans an IPO within two years | How UFG created a new structure for Gap | Hotter to increase its European suppliers | Shoe Carnival plans expansion | Brazilian exports at their highest since 2011 | Yue Yuen turns around | Scarpe & Scarpe debt restructuring approved | Spartoo 2021 GMV up by 10.3% | Italian self-assessment ESG program starts trials | Brazilian, Indian footwear stocks outperform
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ArticleSpartoo 2021 GMV up by 10.3%
In 2021, Spartoo’s gross merchandise volume (GMV) rose by 10.3 percent year-over-year to €213.7 million. The increase of GMV was in line with the company’s target for growth exceeding 10 percent. GMV achieved through B2C services increased by 9.5 percent to €192.8 million and that related to third-party services grew ...
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News briefs
U-Power 2021 sales up by 33%
U-Power, an Italian producer of premium work shoes and apparel, posted a net profit of €35 million in 2021, up by 6 percent from a year earlier, on revenues of €230 million, up by 33 percent. The company’s footwear sales rose by 29 percent to €204.9 million, while apparel ...
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ArticleBrazilian, Indian footwear stocks outperform in a weak environment
In the first quarter of 2022, the share prices of footwear companies fell sharply, tracking global equity markets lower. But, the Indian and Brazilian companies that we monitor for our stock performance survey outperformed their peers over the period.
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News briefs
German manufacturing material shortage worsens in March
The shortage of intermediate materials in German manufacturing has become more severe, according to the German research institute ifo. In March, 80.2 percent of companies complained about bottlenecks and problems procuring intermediate products and raw materials. In February, the figure was 74.6 percent. “The attack on Ukraine has made the ...
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News briefs
Skechers signs a collaboration with Martha Stewart
Skechers is partnering with Martha Stewart for a multiplatform commercial and marketing campaign across the U.S. and Canada. She will promote the U.S. footwear company’s Memory Foam and Arch Fit collections. Stewart, an American self-made billionaire, joins a team of Skechers ambassadors including the singer Willie Nelson, fitness gurus and ...
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News briefs
Lloyd wins Red Dot Design Award for newly launched cycling sneaker
Lloyd Shoes is this year’s recipient of the coveted Red Dot Design Award in the “Fashion and Lifestyle Accessories” category. The honor was bestowed on the German shoemaker for its newly launched LL/CYC cycling sneaker, which was announced in September last year. The sneaker is available in five ...
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News briefs
ANWR sets trade show dates until 2023
The German footwear buying group ANWR has announced the dates for its trade shows for 2022 and 2023. For its upcoming trade shows, it confirmed the previously introduced extension to three days. The group also decided to forego its Fashion Days format for the time being. This year’s summer ...
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News briefs
Native Shoes partners with Braskem for bio-based EVA polymer
Native Shoes, a Canadian footwear brand founded in 2009, has started a collaboration with Braskem, a Brazilian petrochemical company, on the new line of The Robbie footwear. Through the partnership, Native Shoes is using Braskem’s I’m green, which it claims is a sustainably sourced carbon negative ethylene-vinyl acetate (EVA) sugarcane-based ...
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News briefs
Katy Perry relaunches her footwear brand
The American singer Katy Perry has relaunched her namesake footwear brand with a new collection for spring/summer 2022. The collection comprises 19 pairs of shoes divided into two themes: floral and beach. It includes a variety of styles including platforms, kitten heels, loafers, sandals, sneakers, and wedges. The shoes are ...
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ArticleC-Suite interview: Bulgarian shoemaker VES profits from reshoring to Europe
In a recent article, we spoke to Turkish footwear manufacturers who benefited from the reshoring to Europe and the Mediterranean basin of production previously located in the Far East and other Asian countries. The move is motivated by the proximity of European markets, the need for brands to rapidly respond ...
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ArticleACBC plans an IPO within two years
ACBC, a fast-growing Italian B Corporation which focuses on sustainable footwear, aims to be listed on the New York Stock Exchange within the next two years. In an exclusive interview with Shoe Intelligence, Gio Giacobbe, who founded the company in 2017 with Edoardo Iannuzzi, explained that the company has preferred ...
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ArticleEU proposes new consumer rights on sustainability and a ban on greenwashing
The European Commission is proposing to amend the European Union Consumer Rights Directive to oblige traders to provide consumers with information on products’ durability and reparability with the aim of empowering consumers for the green transition. The measure is one of many included in a wider package called the European ...
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News briefsOrthoLite appoints a sales manager for Portugal
OrthoLite has appointed Marisa Costa sales manager for Portugal as the U.S. producer of insoles expands its sales team in Europe. Costa has an extensive background in footwear development and design, working with both brands and factories, according to OrthoLite. Most recently, she was an account manager and product developer ...
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News briefs
FDRA launches a footwear trade show alliance
The Footwear Distributors & Retailers of America (FDRA) announced the launch of the Footwear Trade Show Council (FTSC) designed to ”align all the industry trade shows in a collaborative alliance to increase information sharing, explore best practices, and align critical dates for the industry.” Joining FDRA and the Fashion ...
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ArticleHow UFG created a new structure for the Gap brand and to expand its license portfolio
Unlimited Footwear Group (UFG), the Dutch group managing an extensive portfolio of proprietary and licensed brands, has created a new wholly-owned unit to manage the Gap license that it has obtained for the European Union, the U.K., Switzerland and Scandinavia. The first Gap footwear collection produced by UFG for men, ...
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ArticleItalian self-assessment ESG program to start beta trials
A software package allowing the self-assessment of companies’ environmental, social and governance (ESG) performances is scheduled to be rolled out for beta tests at several Italian companies over the coming weeks. The indicative number of companies involved in the trials could be four to six, according to the developers of ...
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Article
UFG enters a licensing partnership with Gap
Unlimited Footwear Group (UFG) has entered into a strategic licensing partnership with the American retailer Gap Inc. to design, produce and distribute Gap footwear throughout the entire European Union, the U.K., Switzerland and Scandinavia, in a deal brokered by IMG. In a statement, UFG said that the “upcoming footwear collections ...
