All Shoe Intelligence articles in Volume 25, Issue 3+4 – Page 5
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ArticleLee Jeans launches into footwear in Europe with Brandsplus partnership
The American denim brand Lee Jeans is expanding its product offering with a collection of casual shoes and sneakers for men, women and children. The new footwear collection, which will launch in the EMEA market in the autumn/winter 2023 season, will be produced under license by the Belgian footwear ...
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ArticleShoe Zone’s results rise as stores reopen in 2022
Shoe Zone reported a jump in annual sales and profits as its entire estate of stores reopened after the Covid-19 pandemic and trade surged in the second half during its key back-to-school period. Revenues in the 52 weeks to Oct. 1 came in at £156.2 million (€176m), up from £119.1 ...
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News briefs
Leadership changes at Dior and Louis Vuitton
The French luxury goods company LVMH announced management changes at two of its top brands. It said that Delphine Arnault has been appointed the chairwoman and CEO of the brand Christian Dior. Christine Arnault, the daughter of Bernard Arnault, who is the chairman and CEO of LVMH, replaces Pietro Beccari, ...
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News briefs
JD Sports’ H2 retail sales up by over 10%
Revenue growth for JD Sports Fashion’s organic retail businesses in the 22 weeks to Dec. 31 was more than 10 percent, compared with growth of 5 percent for the first half of the British company’s fiscal year. “The performance in these businesses through the Christmas period, both in stores and ...
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ArticleChinese brands eye the Russian market
Numerous Chinese brands plan to enter the Russian market, eyeing the empty space left by Western companies, the Russian newspaper Izvestia reported, citing sources in the Russian Union of Shopping Centers. At the end of 2022, Chinese companies already accounted for 15 to 20 percent of the shopping floor in ...
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News briefs
Copenhagen, Liebeskind founders to launch a footwear brand
The founders of Liebeskind Berlin and Copenhagen Studios, the brothers Johannes and Julian Rellecke, are about to launch a new footwear label, according to the German trade magazine TextilWirtschaft. After Copenhagen Studios - which became in 2021 part of the s.Oliver Group and is currently expanding into the French ...
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News briefs
German clothing retailers plan to increase prices
German clothing retailers plan to increase prices in the near term, bucking the general trend for German companies, according to the think tank Ifo. The general Ifo price expectations index fell to 40.3 points in December from 46.2 points in November, indicating that fewer German companies are planning to raise ...
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News briefs
Amazon to close 3 U.K. warehouses
Amazon plans to shut down three warehouses in the U.K. as part of a restructuring of its logistics business in the country. The closure of the warehouses located in Hemel Hampstead, Doncaster and Gourock will impact 1,200 jobs, but people will be given the possibility to transfer to other units. ...
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News briefs
Crocs sees 2023 revenues up 10-13%
Crocs expects record 2022 revenues of some $3.55 billion, up by 53 percent growth compared to 2021 and beating its latest guidance of a 49 to 52 percent rise. In the fourth quarter, revenues are estimated to be up by about 60 percent year-on-year. The company expects 2022 adjusted operating ...
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News briefs
Pittards sells 100,000 treasury shares
Pittards said that on Jan. 6 it sold 50,000 treasury shares at a price of 58.25 pence (€0.66) per share and on Jan. 9 it sold another 50,000 treasury shares also at a price of 58.25 pence per share, raising gross proceeds of £58,250 (€66,000). Following the sale of treasury ...
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News briefs
Piquadro’s 9-month sales rise by 15.9%
In the nine months ended Dec. 31, Piquadro generated revenues of €126.8 million, up by 15.9 percent on the same period of 2021. By brand, revenues increased by 18.3 percent to €53.2 million for Piquadro, while The Bridge saw sales rise by 23.9 percent to €23.1 million and Lancel grew ...
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