All Shoe Intelligence articles in Volume 25, Issue 21+22 – Page 5
-
ArticleBrazilian shoemakers are relying on domestic demand to grow
Brazilian footwear manufacturing are having to rely on domestic consumption, which is supported by growing purchasing power, to bolster production this year as exports drop due to weaker demand in key markets such as the U.S. and the return of Chinese companies on international markets after having been constrained by ...
-
ArticleA weak ruble pushes up footwear prices in Russia
Russian footwear retailers anticipate prices to soar in the next few months following the weakening of the national currency. The Russian ruble has dropped by nearly 30 percent this year against the U.S. dollar as a result of a collapse in export revenues and growing budget spending, making it one ...
-
ArticleDeichmann names a new head of brand & licensing and ends the Onygo brand
The German shoe retailer Deichmann has appointed Dražen Pehar as its new head of brand & licensing, succeeding Jürgen Achenbach, who left the company in May to pursue a new role. Pehar, who has been working for the company since September, will be responsible for marketing activities for the ...
-
News briefs
Taiwanese insole maker DSC expanding in Indonesia, India
Dahsheng Chemical (DSC), a Taiwanese maker of closed-cell and open-cell foam products founded in 1945, is expanding its global manufacturing footprint in Indonesia and India. The new locations, estimated to generate more than 1,500 jobs, will increase DSC’s global capacity by 24 million pairs of insoles per month and accelerate ...
-
News briefsSkechers launch a capsule collection with Ricardo Cavolo
Skechers has entered a collaboration with one of Spain’s most influential artists, Ricardo Cavolo. The Skechers x Ricardo Cavolo footwear capsule for women features the illustrator’s renowned flaming heart and eye imagery on a selection of three styles. The Skechers x Ricardo Cavolo limited-edition capsule is now available at skechers.com, ...
-
ArticleWorld Shoe opens a shoe factory in Ghana
On Oct. 10, World Shoe announced the opening of its inaugural factory in Ghana to produce the first antimicrobial, eco-friendly footwear brand manufactured in Africa. ”The production launch represents a collaborative effort among public, private, and civil service sectors to provide high-quality, low-cost products for retail consumers throughout African and ...
-
ArticleC-Suite interview: Italy shoe making is attracting investments but faces labor constraints
The Italian footwear industry is attracting investment from luxury goods brands and financial investors, which is bolstering its competitiveness. However, the industry’s development remains hamstrung by a lack of skilled labor, explains Giovanna Ceolini, the president of Assocalzaturifici, the Italian footwear association, in an exclusive interview with Shoe Intelligence. ...
-
ArticleSkechers wins EU-wide injuction against Dockers by Gerli
Skechers has obtained a European Union-wide preliminary injunction against Dockers by Gerli for selling a shoe style that the U.S. footwear company claims infringes on its proprietary Skechers Hands Free Slip-ins designs. Skechers sued Dockers for design infringement in the Düsseldorf Regional Court, Germany. In an October 5, 2023 opinion, ...
-
News briefs
Vagabond expands in Asia with a Tmall concept store
The Swedish footwear brand Vagabond Shoemakers further expands in the Asian market with its own concept store on the Chinese e-commerce platform Tmall, part of the Alibaba Group and one of the world’s biggest marketplaces. The store launches with the brand’s autumn/winter 2023 collection. “We are excited to start ...
-
News briefs
Birkenstock disappoints on market debut
Birkenstock’s share price fell by 12.61 percent to $40.20 on Oct.11, its first trading day on the New York Stock Exchange, representing a market capitalization just above $7.5 billion. The sandal maker had priced its initial public offering at $46 per share, valuing the company $8.6 billion. The price was ...
-
ArticleLVMH’s sales growth slows down in Q3
LVMH’s fashion and leather goods division posted revenues of €30.912 billion in the first nine months of 2023, up by a reported 11 percent and by 16 percent organically. However, third-quarter sales only rose by an organic 9 percent year-over-year compared with a 20 percent growth in the first half ...
-
News briefs
Birkenstock prices its IPO at $46 a share
Birkenstock has priced its initial public offering at $46 per share, valuing the company $8.6 billion. The price is just slightly below the midpoint of the $44.00 to $49.00 price range previously announced by the sandal maker. Birkenstock Holding Limited, which is registered in Jersey and has its headquarters in ...
-
News briefs
New Birkenstock plant in Pasewalk begins operations
Production at Birkenstock’s new shoe factory has started according to schedule. After 17 months of construction, the footwear manufacturer began operations at its new manufacturing facility in the Berlin-Szczecin industrial park near Pasewalk, in the Mecklenburg-Vorpommern region of Germany. The new €110-million, 36,000-square meter facility is the single largest ...
-
ArticleFitFlop picks Bleckmann as its logistics partner
The London-based footwear company FitFlop selected Bleckmann as its partner to provide omnichannel logistics for its clients in the U.K. and in the European Union. The five-year agreement is designed to support FitFlop’s “rapid growth in its home market while providing scope for streamline expansion across the EU,” according ...
-
News briefs
Steve Madden choses January Digital as its digital agency in North America
Steve Madden has named January Digital as its digital agency of record in North America. The media agency will be responsible for developing and executing Steve Madden’s digital media strategy and investment. In October 2022, Steve Madden hired January Consulting, the consulting arm of January Digital, to transform the brand’s ...
-
News briefs
Massimo Bonini invests in Giorgio Fabiani
Massimo Bonini, the Milan-based showroom operator, has bought a minority stake in the Italian shoemaker Giorgio Fabiani. The partnership aims to bolster Giorgio Fabiani’s manufacturing base and distribution network. The brands Missoni and Mugler, which both work with Massimo Bonini, are also expected to start working with the shoemaker. The ...
-
News briefs
Crocs introduces cowboy boots
Crocs has kicked off “Croctober” with month-long festivities dedicated to the passionate, universal fan base proudly known as “Croc Nation.” This Croctober will feature one of the most requested Crocs footwear designs in the brand’s history – the Crocs Classic Cowboy Boot. “For years, the buzz around a Crocs-inspired cowboy ...
-
News briefs
Goldstar wins another patent lawsuit against Birkenstock
The Italian brand Goldstar said that it has won another patent claim filed by Birkenstock in Germany. “After the positive rulings of various courts in Italy, France, Benelux and Germany, as well as the European Court of Justice, another favorable ruling from a German Federal Court comes in favor of ...
-
ArticleANWR and Sabu maintain their trade fair pattern “for the time being”
After announcing in August plans to redesign the domestic trade fair landscape, the German footwear buying group ANWR and the German shoe retail cooperative Sabu now intend to maintain the existing model for the ”time being.” In their initial announcement, ANWR and Sabu said that they wanted to focus on ...
-
News briefs
Hoka opens a store in London
Hoka, which is owned by Deckers Brands, has opened a store in London, its first in Europe. Located at 2-3 James Street, near Covent Garden, the 1,750 square-foot store showcases the brand’s full line of footwear, apparel and accessories on two floors. In a statement, Stefano Caroti, the chief commercial ...
