All Shoe Intelligence articles in Volume 25, Issue 1+2 – Page 2
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News briefs
Vivienne Westwood dies aged 81
Vivienne Westwood died on Dec. 29 at the age of 81, her namesake fashion house announced on Twitter. The British fashion designer died “peacefully and surrounded by her family, in Clapham, South London,” it said. Born Vivieen Swire on April 8, 1941, she kept the name of her first husband, ...
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ArticleU.S., Italy introduce Covid tests for travelers from China
The U.S. and Italy are introducing Covid-19 tests for travelers coming from China. The U.S. Centers for Disease Control and Prevention (CDC) said that from Jan. 5 all air passengers two years and older will be required to get a test no more than two days before their departure from ...
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News briefs
China drops Covid quarantine for in-coming travelers
Chinese health authorities announced that the countrywill abolish mandatory Covid-19 quarantine for travelers coming into the country from Jan. 8. The decision was made despite a jump in Covid cases in the country, which are estimated to have reached 250 million over the last three weeks. Meanwhile, countries including Japan ...
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News briefs
U.S. retail sales up 7.6% during holiday period
In the period running from Nov. 1 to Dec. 24, U.S. retail sales rose by 7.6 percent year-on-year, according to the Mastercard SpendingPulse survey that measures in-store and online retail sales across all form of payment, not adjusted for inflation. Spending on apparel grew by 4.4 percent. “This holiday retail ...
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ArticleEU court rules that Amazon may be liable for sale of counterfeit Louboutin shoes
Amazon has been dealt a blow after the Court of Justice of the European Union (CJEU) ruled that the U.S. online retailer may be liable for alleged intellectual property breaches by advertising counterfeit Louboutin shoes on its store. Two lower courts in Luxembourg and Belgium had referred a case ...
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News briefsInditex agrees on 3-year engagement with WWF for biodiversity projects
Spanish fast fashion group Inditex, owner of Zara, Bershka and Pull&Bear, among other retail brands, has entered a partnership with the World Wide Fund for Nature (WWF) to support several of the conservation association’s projects. The collaboration will start with nine initiatives across four regions focused on forest conservation, water ...
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News briefs
Skechers opens a flagship store in Ireland
Skechers has opened a flagship store on Dublin’s Grafton Street. In addition to the Henry Street concept store and four other retail outlets in the greater Dublin area, the new 929 sqm location is designed to showcase Skechers’ extensive range and technologies in one of Ireland’s busiest neighborhoods and expand ...
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News briefs
Spartoo’s TooPost gains nearly 50 clients in 2022
Spartoo said that its TooPost service has gained nearly 50 clients in 2022. The service now has more than 165 e-merchants as customers. TooPost, which offers an end-to-end transport service, delivers more than 4 million packages every year, at least 98 percent of which are delivered within the specified time, ...
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News briefs
Nice Footwear delisting process to start Jan. 9
The public tender launched by the Italian private equity firm Palladio Holding for the Italian footwear group Nice Footwear will start on Jan. 9 and last until Feb. 10. The move to delist the footwear company comes just over a year of its flotation on the Milan stock exchange on ...
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News briefs
Shoe Carnival launches a new $50m share buyback
Shoe Carnival’s board has authorized a new share repurchase program for up to $50 million of its common stock, starting Jan. 1, 2023. The program replaces an existing $50 million share repurchase program that was authorized on Dec. 16, 2021 and expires on Dec. 31, 2022. The board also ...
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News briefs
Asos names a new board member
The British online fashion retailer Asos has appointed Marie Gulin-Merle as non-executive director. Gulin-Merle has more than 20 years of experience in marketing and digital transformation, working in technology, beauty and fashion. She is currently Google’s global vice president of ads marketing, based in New York, leading all marketing activities ...
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News briefs
Florence issues €500 bonus to staff
Gruppo Florence, an Italian conglomerate of luxury goods firms, will grant all its staff a €500 bonus that will be paid in shopping vouchers in December. The bonus will be distributed to the group’s 2,200 staff and aims to help employees face the cost of higher energy prices. The group ...
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News briefs
German consumer confidence improves
In January 2023, consumer confidence in Germany is expected to rise to -37.8 from -40.1 in December 2022 and -41.9 in November 2022, as measures taken by the federal government to mitigate skyrocketing energy costs are apparently having an effect, according to data released by market research group GfK. ...
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News briefs
Musk to step down as Twitter CEO when successor found
Elon Musk said he would step down as chief executive of the social media platform Twitter once he has found a replacement. The announcement follows a poll Musk launched on the platform that showed that users wanted him to resign. Musk has owned Twitter since Oct. 27 and has been ...
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ArticleAmazon, EU reach deal to end antitrust investigation
The European Commission said it has made commitments offered by Amazon legally binding under European Union antitrust rules, allowing to resolve competition concerns over the U.S. online retailer’s use of non-public marketplace seller data and possible bias in granting sellers access to its Buy Box and Prime program. In July ...
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Article
Bos Group obtains the Scotch & Soda footwear license
Bos Group International is taking over the footwear license of Scotch & Soda, following the termination of the Dutch brand’s previous agreement with HS Footwear GmbH, which is part of Osnabrück-based Hamm Group. Peter Frericks will become the head of global sales and brand manager for Scotch & Soda at ...
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News briefs
3M to stop producing PFAS by 2025
3M will end the manufacturing of perfluoroalkyl and polyfluoroalkyl substances (PFAS) and work to discontinue the use of PFAS across its product portfolio by the end of 2025. “This is a moment that demands the kind of innovation 3M is known for,” said Mike Roman, 3M’s chairman and chief ...
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News briefs
Shein looks at becoming an online marketplace
Shein, one of the world’s largest online fashion retailers, is looking at becoming an online marketplace, according to The Wall Street Journal citing a memo to investors. The move would likely mean Shein becomes a direct competitor for existing e-commerce sites such as Alibaba, AliExpress and Amazon Marketplace, expanding beyond ...
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News briefs
German businesses enter holiday season with a ‘sense of hope’
The business climate index in Germany rose to 88.6 in December from 86.4 the previous month, according to data released by the think tank Ifo. The data was better than economists’ expectations for a reading of 87.4. The index on current conditions rose to 94.4 in December from 93.2 ...
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ArticleHow a fast-growing footwear brand is further boosting growth with apparel
Velasca, a fast-growing Milan-based footwear company, has launched an apparel collection in an effort to diversify its business. In the near future, the company aims to have its own factory for the production of shoe uppers. The first weeks since the launch of the apparel line in November have already ...
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