All Shoe Intelligence articles in Volume 26, Issue 1+2 – Page 4
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ArticleCharles & Keith choses Bleckmann as its logistics partner in Europe
Charles & Keith, a Singapore-based fashion brand known for its premium women’s footwear and accessories, selected Bleckmann, an Eindhoven-based provider of supply management solutions for fashion and lifestyle brands, as its exclusive third-party logistics (3PL) fulfilment partner in the U.K. and Europe. Charles & Keith required “a 3PL solution that ...
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News briefs
Threads starts in the EU
Threads, the messaging app owned by Meta, was launched in the European Union on Dec. 14. Meta launched the service, which is a direct competitor of X, formerly known as Twitter, in July outside of the EU. The introduction in the EU was delayed to ensure that the platform complied ...
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News briefs
Ecco opens its first store in New York
Ecco opened its first store in New York. The 3,250 square-foot shop is situated at 110 Grand Street in SoHo and features the Danish company’s full range of footwear and accessories, as well as some special-edition pieces that will be exclusive to the Manhattan flagship. On Dec. 1, Deniz Erda ...
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News briefs
Caleres wins CSR acclaims
Caleres was awarded on Newsweek’s list of America’s Most Responsible Companies 2024 for the third consecutive year. This award is presented by the magazine Newsweek and Statista, a leading statistics portal and industry ranking provider. The awards list was announced on Dec. 6. Caleres ranked 151 overall, 18 in the ...
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News briefs
Inditex 9-month sales up by 14.9% at constant exchange rates
In the nine months to October 31, Inditex’s sales grew by 11.1 percent to €25.6 billion, showing “very satisfactory” development both in stores and online, the Spanish fashion fast group said in a statement. Sales at constant currency rates rose by 14.9 percent. Gross profit increased by 12.3 percent to ...
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ArticleCaprice takes over Peter Kaiser
Caprice, which is owned by the German group Wortmann Schuh-Holding KG, has acquired the women’s footwear brand Peter Kaiser. The Pirmasens-based shoe manufacturer said that it plans to retain ”the brand core, which is based on an excellent fit and high-quality materials” but intends to update the collections and to ...
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SponsoredA showcase for the best of this Italian champion industry
The leather industry in Italy generates an annual turnover of more than €30 bn. One event in Milan is perfectly placed to showcase this champion.
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News briefs
German consumers prefer to shop in the city center, HDE survey shows
Consumers in Germany prefer high street shopping, a report from the German trade association HDE showed, with over half of those surveyed putting the brick-and-mortar shopping experience above online shopping. Despite growing online sales, people between 16 and 29 years old in particular view high street shopping opportunities as ...
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News briefs
Leder & Schuh secures the Delka brand
The Austrian shoe retailer Leder & Schuh, owner of Humanic and Shoe4you, has taken over the trademark rights of the Austrian footwear retail banner Delka from Ara. The parties have agreed not to disclose the details of the transaction. Established in 1907, Delka filed for bankruptcy in the summer ...
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News briefs
Asso buys the Janet&Janet brand
The Italian shoe maker Asso has acquired Janet&Janet, a women’s footwear brand, from Sthart. Founded in 1987 by Silvano Donati and Sauro Silenzi in the Fermo footwear manufacturing district, in the Italian Marche region, Asso specializes in children’s shoes. In 2019, the company diversified into the adult segment by buying ...
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News briefs
Lululemon plans to launch men’s footwear in Q1
Lululemon is “gearing up” to launch men’s footwear in the first quarter of 2024 as part of the brand’s effort to attract more male clients, said the CEO, Calvin McDonald, during a conference call with financial analysts. The Canadian producer of performance apparel for yoga, running and training entered the ...
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ArticleClarks set to axe UK 103 jobs and announces Benelux tie-up with GAB
Clarks is cutting more than 100 jobs in response to economic headwinds and the cost-of-living crisis that has seen British consumers tighten their belts in response to soaring inflation. The U.K. footwear company said it expected tougher trading conditions to continue into next year and would need to manage overheads ...
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ArticleMoody’s upgrades Golden Goose’s credit rating outlook to positive
Moody’s Investors Service has changed Golden Goose’s credit rating outlook to positive from stable thanks to the company’s significantly deleverage. The U.S. credit rating agency also affirmed the Italian sneaker company’s B2 corporate family rating, its B2-PD probability of default rating, and the B2 instrument rating on the company’s €480 ...
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ArticleEuropean footwear brands returning to the Russian market
Nearly 15 percent of European footwear companies that pulled out from the Russian market last year have returned to the country, the Russian footwear union estimated. Germany’s Ara and Italy’s Igi&Co are examples of the Western shoe businesses resuming operations in Russia, the organization reported. Following Russia’s invasion of Ukraine ...
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ArticleLanvin Group appoints a new CEO
Lanvin Group said that Joann Cheng, the founding chairman and chief executive officer of the Chinese luxury goods firm, informed the board that she has decided to step down from her roles to pursue new endeavours outside the group. Consequently, the board has appointed Huang Zhen as the new chairman ...
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ArticleCCC Group starts Q4 with 10% sales boost led by HalfPrice
CCC Group said that in November it posted its highest monthly sales figure ever, with sales at its off-price banner HalfPrice surging as consumers continue to seek bargains in the uncertain economic backdrop and new store openings bear fruit. In the period from Nov. 1 to Nov. 25, at the ...
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News briefs
Birkenstock opens a store in Miami
Birkenstock has opened its fifth store in the U.S. in Miami. “Deepening our retail footprint is an important pillar of our long-term growth strategy. We currently have 47 shops around the world. In the U.S., for example, we have some 6,600 doors, but run only five own stores. So there’s ...
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News briefs
Ponto brand president leaves after six months
About six months after being appointed brand president, Barry McGeough has left Ponto, a footwear brand based in Encinitas, California, to join AmeriCo Group, a U.S. manufacturer, merchandiser and marketer of men’s and women’s branded and private label sportswear, activewear, underwear, loungewear and hosiery. McGeough previously held leadership roles ...
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News briefs
Louboutin sets up a joint venture in India with ABFRL
Christian Louboutin is joining forces with the Indian company Aditya Birla Fashion and Retail Limited (ABFRL). Under the deal, the French brand of luxury footwear will transfer its Indian business into a newly incorporated subsidiary of ABFRL, in which the partners will have equal stakes. Alexis Mourot, Christian Louboutin’s group ...
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News briefs
Kering buys 30% of Valentino
On Nov. 30, Kering completed the acquisition of a 30 percent shareholding in Valentino following clearance from the antitrust authorities. The french conglomerate had announced the purchase of the stake in the Italian fashion house on July 27, 2023. Kering bought the stake from the Qatari group Mayhoola for €1.7 ...
