All Shoe Intelligence articles in Volume 25, Issue 3+4
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Shoe Intelligence Executive Edition: Vol. 25 - 3+4
Emerging designers: An overview of innovative footwear design at Micam | Micam attracts 64 Brazilian brands | Expo Riva Schuh attracts 8,610 visitors | Geox eyes operating profit as 2022 sales jump 21% | Ferragamo posts weak Q4 sales due to China | Tod’s breaks through €1bn sales threshold, sees ‘excellent’ start to 2023 | C-Suite interview: NeroGiardini aims to double in three years its sales from the Covid-19 trough | Zegna’s Q4 revenues dip 0.5% but shoes post ‘exceptional performance’ | Dr. Martens stumbles again due to supply bottlenecks in the U.S. | Shoe Zone’s results rise as stores reopen in 2022 | Hotter Shoes’ parent issues profits warning after ‘disappointing’ H2 | Dune London is enjoying strong international growth | Lloyd reports strong sales increase, expects to return to pre-Covid sales in 2023 | Lee Jeans launches into footwear in Europe with Brandsplus partnership | C-Suite interview: Producers and retailers have to work together to prosper | Zenden plans to expand its Russian retail network in 2023 | Shoe retailer Schuh-Oase files for bankruptcy | Chinese brands eye the Russian market | Skechers looks to produce in India as Q4 sales jump 14% | Deckers raises sales and earnings guidance after better-than-expected Q3 | Genesco lowers FY earnings guidance | Wolverine Worldwide’s profitability will be impacted by inventory reductions | Boot Barn continues with openings as new stores drive 6% Q3 sales growth | American Exchange Group buys White Mountain Footwear | Designer Brands appoints a new CEO
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News briefs
Scarpa and Politecnico di Torino collaborate on foot insulation
The Italian outdoor footwear specialist Scarpa and Politecnico di Torino are collaborating on a new project to develop a thermal insulation analysis model for mountaineering boots. To improve footwear performance, the project is defining a scale of thermal comfort for foot insulation in severe cold. To aid development, Scarpa and ...
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JD Sports unveils plans for sales growth, rapid store expansion
JD Sports Fashion has revealed plans to grow revenues and margins by double digits over the next five years alongside a rapid store expansion, The plan also includes capital expenditure of £500-600 million (€560-673m) a year, with 50-60 percent of the spend focused on store expansion in underpenetrated markets. This ...
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Amazon Q4 revenues top forecasts while profit decreases
Amazon posted net sales of $149 billion for its fourth quarter ended Dec. 31, 2022, for a 9 percent increase compared with the fourth quarter of 2021. Revenues topped forecasts and were driven by “a record-breaking holiday season,” the company said. The company expected fourth-quarter net sales of $140.0 to ...
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Turkish inflation slows down in January
Turkey’s annual inflation slowed down in January to 57.7 percent from 64.3 percent in December, according to the statistics office Tuik. It is the third month in a row that annual inflation declines. In January, clothing and footwear was the segment with the lowest annual increase, rising by 24.24 percent. ...
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ArticleDeckers raises sales and earnings guidance after better-than-expected Q3
Deckers Brands raised its sales and earnings guidance for the full financial year after revenues in the third quarter ended Dec. 31 rose by 13.3 percent to $1,346 million, beating analysts’ expectations for a top line of about $1,250 million and supported by a near doubling in sales of the ...
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News briefs
Sosandar’s chairman passes away
The British fashion brand Sosandar said that its non-executive chairman, Bill Murray, has passed away. “It is with great sadness that we learned of the passing of Bill over the weekend. He will be deeply missed by all who had the privilege of working with him. Bill has left a ...
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ArticleSkechers looks to produce in India as Q4 sales jump 14%
Skechers said it is planning to begin production in India, one of its fastest growing markets in the Asia Pacific region. Sales in the country displayed “particular strength” in the fourth quarter of 2022, as the company’s overall top line jumped by 13.5 percent to $1,878.8 million billion to reach ...
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ArticleMicam attracts 64 Brazilian brands
Sixty-four Brazilian footwear brands will be present at Micam, the trade show held from Feb.19 to 22 at the Fieramilano Rho exhibition center at the outskirts of Milan. The brands’ presence is supported by Brazilian Footwear, a program to promote footwear exports established by the Brazilian footwear association, Abicalçados, in ...
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ArticleEmerging designers: An overview of innovative footwear design at Micam
In the run-up to the 95th edition of the Micam footwear show in Milan, here is a brief overview of the twelve emerging designers who will be doing their second go-round on their dedicated stand in the new MicamX area between Feb. 19 and Feb 22. Now in its fourth ...
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News briefs
Prada was the hottest brand in Q4
For the first time, Prada was the hottest brand in the world the fourth quarter of 2022, overtaking Gucci that slipped into second position, according to The Lyst Index. Moncler surged to third position from 17th in the fourth quarter and Miu Miu, which is part of the Prada Group, ...
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ArticleLloyd reports strong sales increase, expects to return to pre-Covid sales in 2023
Lloyd Shoes posted a strong sales growth in 2022 and anticipates a bright year ahead. The German shoe maker recorded a 47 percent increase in sales in 2022 to €114.95 million, driven by improvements across all business areas, and expects to return to pre-pandemic sales levels in the current ...
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ArticleGeox eyes operating profit as 2022 sales jump 21%
Geox said it expects to post an operating profit in 2022 after three years in the red, as it benefits from higher-than-expected sales and a restructuring that has allowed it to cut costs and channel investments to more strategic areas of its business. According to preliminary figures from the Italian ...
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Dee Ocleppo teams up with Titan Industries
Dee Ocleppo Hilfiger, the U.S. American fashion designer and entrepreneur married to Tommy Hilfiger, has joined forces with Titan Industries to expand her Dee Ocleppo collection. The partnership will start with footwear and expand into other categories, including handbags. Titan will oversee sourcing, manufacturing and logistics to expand the brand ...
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Ara Shoes creates a new sales position to serve retail partners
Ara Shoes reshuffled its sales team, appointing Sven Krafft to the newly created position of “sales manager for specialist retailers Germany” effective from Jan. 1, 2023. With the organizational overhaul, the German shoe company aims to strengthen the specialist trade division in the country following the introduction of the ...
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News briefs
Castañer’s FY sales rise 25%
Castañer posted a 25 percent increase in revenues to €24 million in 2022, lifting the top line of the Spanish footwear company back to pre-Covid-19 levels. The company noted that online sales grew by more than 20 percent year-over-year.
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LVMH’s FY fashion and leather goods organic sales up 20%
LVMH saw organic sales of its fashion and leather goods division rise by 20 percent in 2022. On a reported basis, the division of the French luxury goods conglomerate posted increased sales by 25 percent to €38.648 billion. The division’s full-year profit from recurring operations grew by 22 percent to ...
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News briefs
Paco Rabanne dies at 88
The Spanish designer Paco Rabanne passed away on Feb. 3, 2023, at the age of 88, announced Puig, the Spanish group that owns the brand’s fashion and fragrance businesses. Rabanne died in the village of Portsall, in the French region of Brittany, where he lived. Born in Spain on Feb. ...
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News briefs
Nike launches a sneaker with Tiffany
Nike and Tiffany & Co. are releasing a Nike x Tiffany & Co Air Force 1 1837 sneaker, with a limited-edition sterling silver accessories range. The collaborative sneaker, made of black suede, features a Tiffany Blue-colored swoosh and sterling silver badges over each heel. The accessories include a shoe horn, ...
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Adidas launches a new label
Adidas has launched a new label, Adidas Sportswear, “curated to serve the next generation.” The spring/summer release includes a reimagined tracksuit, a silk-like striped dress and a shoe made in part with recycled materials. Designed for everyday wear but described as “sporty in essence” the pieces come with added performance ...
