All Shoe Intelligence articles in Volume 25, Issue 19+20 – Page 3
-
ArticleCoats Footwear joins forces with Lenzing
Coats Footwear has entered a collaboration with the Austrian-based Lenzing Group to create the footwear industry’s first synthetic-free engineered uppers and fabrics. The companies have combined Coats Footwear’s ProWeave technology with Lenzing’s Tencel Lyocell Filament to create a “dynamic re-imagined footwear uppers and fabrics, which combine sustainability and performance ...
-
News briefs
Footasylum adopts new retail concept in larger store
Footasylum, leading British retailer of branded fashion and footwear, has moved to a new and improved retail space at the Lakeside Shopping Centre in England, where it previously occupied a space of around 300 square meters. The new 900-sqm space features a refreshed store concept that seeks to create a ...
-
ArticleBirkenstock’s 9-month sales up 21%
Birkenstock’s sales in the nine-month period ended June 30, 2023, rose by 21 percent to €1,117 million as the number of units sold grew by 5 percent and the average selling price increased by 15 percent. Direct-to-consumer penetration grew to 37 percent of revenues over the period from 34 percent ...
-
News briefs
Garmont posts 16% sales growth in H1
Italian outdoor footwear manufacturer Garmont saw its sales increase by 16 percent in the first half of 2023 as compared to the same period of 2022, with Ebitda up by 38 percent. The company attributed the growth in the first half to the outdoor segment and its new products for ...
-
News briefs
Peugeot Invest buys a stake in Gruppo Florence
Peugeot Invest, the holding company of the Peugeot family, has invested €20 million in Gruppo Florence, an Italian holding company that owns 26 suppliers to the luxury goods industry, including three footwear manufacturers, according to the daily Corriere della Sera. Peugeot Invest, which has a 7 percent stake in the ...
-
News briefs
Designer Brands unveils first shoe produced by JEMS by Pensole
On Sept. 15, Designer Brands, the parent of the shoe retailer DSW Designer Shoe Warehouse (DSW), unveiled the FIRST JEM, the inaugural shoe from the JEMS by Pensole brand. It is the first shoe to roll off the assembly line at one of the first Black-owned footwear factories in the ...
-
ArticleItalian shoemakers suffer a sharp slowdown in Q2
Italian shoemakers increased their revenues by an estimated 1.2 percent year-over-year in the second quarter of 2023 compared with a 13.6 percent rise in the first quarter of the year, according to a survey carried out by Confindustria Moda’s research center among members of the Italian footwear association Assocalzaturifici “The ...
-
ArticleZalando tops the ranking of European fashion e-tailers
In 2022, Zalando topped the ranking of online fashion retailers operating in the European Union, according to the second edition of “Top 250 Fashion & Beauty Retail Europe” released by Cross-Border Commerce Europe. Zalando controlled 9.8 percent of the EU online fashion market largely thanks to its strong presence in ...
-
News briefs
H&M’s Q3 sales disappoint
H&M’s net sales in the third quarter that ended Aug. 31 reached SEK 60.897 billion (€5.1bn), up by 6 percent from a year ago but were “flattish” in local currency terms. Excluding Russia, Belarus and Ukraine, sales rose 8 percent in Swedish krona. H&M wound up its operations in Russia ...
-
News briefs
Elisabet obtains Elisabetta Franchi license for girls’ shoes
Elisabet will be supplying shoes for girls aged between 0 and 14 under the Elisabetta Franchi brand starting with the spring/summer 2024 collection. The license covers Europe, the Middle East and Africa. The shoes will be available in third-party stores and through the retail network of the Elisabetta Franchi ...
-
News briefsBASF presents process to recycle PU to produce new soles
At Simac Tanning Tech 2023, the international trade fair for machinery and technology for the footwear and leather industry, which takes place from Sept. 19 to 21 in Milan, the German chemical group BASF will be presenting a new process that makes it possible to use granulated polyurethane (PU) waste ...
-
News briefs
Golden Goose’s H1 sales up 21% to €276.4m
Golden Goose’s first-half revenues totaled €276.4 million, up by 21 percent year-on-year and by 65 percent compared with the same period in 2021. The Italian sneaker brand said that growth was underpinned by its internationalization, the focus on direct-to-consumer (DTC) sales and the expansion of its product range. DTC sales ...
-
News briefs
Saucony launches its 'most sustainable' sneaker to date
Saucony has launched the Triumph RFG (Running For Good), described by the performance running lifestyle brand as “its most sustainable shoe to date.” The new shoe features plant-based, petroleum-free CovationBio PDO Susterra propanediol. The Triumph RFG is the first athletic shoe to utilize 55 percent of Susterra propanediol in a ...
-
News briefs
Italy on the edge of a recession
Italy’s gross domestic product (GDP) is now expected to rise by 0.8 percent in 2023 and by 1.0 percent in 2024, said Mariano Bella, director of the research office of Italian retailers’ association Confcommercio. That compares with Confcommercio’s previous estimates of 1.2 percent and 1.3 percent growth for the two ...
-
News briefs
Inditex’s H1 sales up 13.5%
Inditex, the Spanish group that owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, said that in the first half ended July 31 net sales rose by 13.5 percent to €16.9 billion. At constant currency rates, the top line grew by 16.6 percent. Gross profit increased by 14.1 ...
-
News briefs
Zegna’s H1 net profit rises nearly 148%
The Italian fashion house Ermenegildo Zegna posted a net profit of €52.1 million in the first half of 2023, up by 147.9 percent compared to the year earlier. Revenues for the period, which was already reported in July, increased by 23.9 percent to €903.1 million. The group’s adjusted Ebit was ...
-
ArticleBirkenstock applies for NYSE listing
Birkenstock Holding, which is registered in Jersey and has its headquarters in London, filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company plans to list ordinary shares on the New York Stock Exchange under the ticker BIRK. No details were released regarding ...
-
ArticlePrimark recovery to boost annual profit at parent, but stock theft rising
A strong recovery at the retail chain Primark has helped its parent company Associated British Foods (ABF) to lift annual guidance again, although it warned about a sharp increase in stock theft and abuse against staff in its stores around the world. ABF said it now expected adjusted operating profit ...
-
News briefs
Rocky Brands’ CFO leaves after a six months in the job
On Sept. 12, Rocky Brands said that its senior vice president, chief financial officer and treasurer, Sarah O’Connor, has resigned from her position, effective immediately. O’Connor had joined the company in mid-March to replace Tom Robertson, who had been promoted to the newly created role of chief operating officer. The ...
-
ArticleMicam hosts 1,204 brands including 504 foreign ones
Micam, which is scheduled to run from Sept. 17 to 20 at the Fieramilano Rho exhibition center at the outskirts of Milan, will host 1,024 brands, 520 of which are Italian and 504 foreign, representing over 30 countries. Spain will have the largest foreign delegation, comprising over 100 companies. Abicalçados, ...
- Previous Page
- Page1
- Page2
- Page3
- Page4
- Next Page
