All Shoe Intelligence articles in Volume 26, Issue 3+4
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PDF NewsletterShoe Intelligence Executive Edition: Vol. 26 - 3+4
Expo Riva Schuh attracts 9,000 visitors | How Expo Riva Schuh continues to modernize and expand its international reach | Brazilian footwear exports collapse in December | C-Suite interview: Rohde enters the U.S. market and expands its European online business | Birkenstock’s earnings and guidance disappoint | ANWR Group’s FY sales down 5% | Arklyz to buy Lloyd Shoes from Ara | Revenues fall at Dr. Martens as U.S. business remains out of step | Shoe Zone to phase out Original format stores by end 2026 | NeroGiardini is expanding in South Korea, Japan and the U.S. | Alviero Martini under court administration amid supply chain labor exploitation charges | Sanctions weigh on Turkish plans to expand exports to Russia | Wolverine World Wide sells the Sperry brand to ABG and the inventory to Aldo | Skechers cautiously optimistic on wholesale sales turnaround, DTC growth seen continuing | Deckers announces CEO change as record-breaking streak continues | Genesco targets rents, moving non-selling activities out of stores to cut costs, boost profits | Boot Barn sees Q4 sales drop as same-store sale headwinds continue, bad weather hurts business | Stella’s Q4 sales rise on inventory replenishment by some customers | Primark does not expect severe disruption due to Red Sea tension | How French retailers can save up to a year’s rent on their lease
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News briefs
New Balance launches a resale program
New Balance has initiated a new resale program, allowing customers to browse and purchase pre-owned goods from the brand online. Dubbed “Reconsidered,” the program aims to enable customers to trade in their gently worn shoes via mail or in-store drop-offs in exchange for a voucher to use toward their next ...
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News briefsChristian Louboutin enters eyewear with Marcolin
The Italian eyewear company Marcolin and Christian Louboutin have signed an exclusive global licensing agreement for the design, manufacture and distribution of sunglasses and optical frames under the name of the French brand of luxury footwear. The deal, which runs until 2029, marks Christian Louboutin’s debut in eyewear. ”Christian Louboutin ...
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News briefs
Ugg creates new styles with old fabrics
California-based lifestyle brand Ugg has unveiled their latest innovation, dubbed ReImagined by Ugg. The offering includes new shoes crafted from leftover leather and suede. The collection introduces a fresh twist on the company’s classic models while also addressing the surplus materials accumulated from previous seasons. With this new iteration of ...
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ArticleParallel imports rise in Russia
Parallel imports of fashion goods in Russia are increasing despite calls by Russian footwear manufacturers for a clampdown. A surge in Russian shoe imports at the end of 2023 was primarily attributed to the parallel imports, disclosed Igor Ulyanov, vice president of the Russian union of light industry, Soyuzlegprom. In ...
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News briefsLululemon launches its first men’s collection
Lululemon has revealed its footwear offering for spring/summer 2024 with new casual and performance models, including the brand’s first men’s collection. The Canadian producer of performance apparel for yoga, running and training entered the footwear market in March 2022 with the launch of its first running shoe, Blissfeel, for women. ...
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ArticleDeckers announces CEO change as record-breaking streak continues
After another record-breaking quarter, Deckers has announced that Dave Powers will retire as president and chief executive officer on Aug. 1 and will be replaced by the current chief commercial officer, Stefano Caroti. Powers retires after 13 years at the helm, during which Deckers grew explosively, although he will continue ...
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News briefs
Copardo launches capsule shoe collection with Gitta Banko
Sustainable high-end footwear brand Copardo has launched a first joint capsule collection with the influencer, creative director and entrepreneur Gitta Banko for the fall/winter 2024/25 season. The collection consists of five shoe styles: sandals, pumps, lace-ups, loafers and flat boots. The designs are based on Copardo’s flagship products in ...
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News briefsLong-standing Lowa managing director Werner Riethmann retires
An era comes to an end for the German mountain, outdoor and everyday footwear manufacturer Lowa as its long-standing managing director Werner Riethmann stepped down after more than 30 years in the role, retiring from active management. Riethmann, 75, will continue as a shareholder in the company with a ...
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ArticleLenzing, Recyc Leather launch Pélinova with Ganni’s Slouchy Boots
Lenzing, an Austrian producer of wood-based specialty fibers, has partnered with Recyc Leather, a leather alternative expert, to introduce Pélinova, an innovative material that fuses Lenzing’s Tencel Lyocell fibers and recycled leather fibers for high-end fashion applications. The duo joined forces with the Danish brand Ganni to bring the material ...
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ArticleSkechers cautiously optimistic on wholesale sales turnaround, DTC growth seen continuing
Skechers is cautiously optimistic about prospects for a turnaround in its wholesale business in 2024. Its direct-to-consumer (DTC) business is expected to continue growing, although likely at a slower pace than last year, as it reports that sales in the last quarter of 2023 inched up by 4.4 percent to ...
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ArticleNRW-Forum in Düsseldorf showcases sneakers in upcoming exhibition
From popular street shoes worn by billions of people throughout the world to cult objects that epitomize a lifestyle, reflect socio-cultural changes over the years, and even enter the realm of high fashion: sneakers take center stage at a new exhibition opening on Feb. 17 at the NRW-Forum in Düsseldorf, ...
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ArticleBoot Barn sees Q4 sales drop as same-store sale headwinds continue, bad weather hurts business
Boot Barn now expects sales for fiscal year 2024 to stagnate, once again cutting its top-line guidance as revenues from new stores are offset by a continued decline in same-store sales and after poor weather in January led to a “significant disruption” in business and contributed to a sharp decline ...
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News briefsZegna’s FY sales reach €1.9bn
Ermenegildo Zegna, the owner of the Zegna and Thom Browne brands and exclusive licensee for the Tom Ford Fashion business, says that full-year revenues for 2023 have come in at €1.9 billion, up by 27.6 percent year-over-year and by 29.7 percent on a constant currency basis, with an organic growth ...
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News briefs
Crocs brand head retires
Crocs, Inc. announced today the retirement of Michelle Poole, the executive vice president and president of the Crocs brand. She will remain in her role until early May, after which she will join the company’s advisory board until the beginning of 2025. Anne Mehlman, the current EVP and chief financial ...
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ArticleH&M appoints a new CEO
The board of H&M Hennes & Mauritz has appointed Daniel Ervér, responsible for the H&M brand, as the new president and CEO of the Swedish fashion retailer, with immediate effect. He succeeds Helena Helmersson, who has decided to step down as CEO and leave the group. Ervér, born in 1981, ...
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ArticleHow Expo Riva Schuh continues to modernize and expand its international reach
Expo Riva Schuh & Gardabags and its stakeholders are investing to modernize the trade show and expand its pool of exhibitors and buyers. In an exclusive interview with Shoe Intelligence, Alessandra Albarelli, the general manager of Riva del Garda Fierecongressi, outlines the strategy enacted to enable the event to continue ...
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News briefsCooper Standard expands deal with Nike for use of Fortrex elastomer
Cooper Standard has expanded its agreement with Nike regarding the licensing of the low-density elastomer Fortrex. Based on an initial long-term agreement reached in 2021 to license Cooper Standard’s Fortrex for footwear applications, the new agreement provides NIke with limited exclusivity to use the material for footwear and allows the ...
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News briefs
KaDeWe Group files for insolvency
Berlin’s department store KaDeWe, which opened in 1907, has filed for insolvency. The KaDeWe Group also includes the luxury department stores Alsterhaus in Hamburg and Oberpollinger in Munich, which would, therefore, also be affected by the proceedings. The company announced that the stores would, however, continue to operate. “Exorbitantly high ...
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ArticleSanctions weigh on Turkish plans to expand exports to Russia
A fresh round of U.S. sanctions is reportedly jeopardizing the planned growth of Turkish footwear exports to Russia and other post-Soviet countries. Turkish footwear companies are looking to expand exports to Russia, Central Asia and the Middle East to compensate for the losses suffered in Europe, according to the Turkish ...
