All Shoe Intelligence articles in Volume 26, Issue 3+4 – Page 5
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Article
Expo Riva Schuh to host 1,300 exhibitors
Expo Riva Schuh & Gardabags, scheduled from Jan. 13 to 16 at Riva del Garda, will host 1,300 exhibitors and brands from 39 countries. To mark its 100th edition, the Italian trade show will hold a “Celebration Night” during which it will honour “historical stakeholders who have accompanied and ...
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News briefs
SQIM raises €11m to develop mycelium-based materials
SQIM, an Italian start-up created in 2015 and specialized in materials bio-produced using mycelium, said that it has successfully closed an €11 million funding round in which participated CDP Venture Capital, ECBF VC, Kering Ventures and Progress Tech Transfer. The funds will enable SQIM, formerly known as Mogu, to launch ...
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News briefs
Informa to merge its Tech digital businesses with TechTarget
Informa, a British publishing, business intelligence and exhibition organizer, has reached an agreement to combine its Tech’s digital businesses with TechTarget. “Today we significantly strengthen Informa’s position in the growing B2B Digital Services market, creating a platform to serve B2B customers at scale digitally, as we already do in Live ...
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Article
Wolverine World Wide sells the Sperry brand to ABG and the inventory to Aldo
Wolverine World Wide has sold the rights to the Sperry brand to Authentic Brands Group (ABG) and part of the brand’s inventory to the Aldo Group for a total of about $130 million to be largely cashed in the first quarter. Wolverine will use the proceeds to pay down debt ...
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News briefs
Kybun Joya expands in the Middle East
The Swiss comfort shoes manufacturer Kybun Joya is expanding in the Middle East with the opening of 10 new stores in the Gulf states in the coming months. The company’s retail franchise has already grown to over 65 locations worldwide and it recently opened a new store in the ...
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News briefs
Schuh Mücke managing director Thomas Klein steps down
Schuh Mücke, the German shoe and sporting goods retail chain within the ANWR Group, has undergone a management change. The managing director, Thomas Klein, left the company at the end of December after 13 years spent working in various roles across the group. According to the Mücke Group, Klein ...
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Article
Shoe Zone to phase out Original format stores by end 2026
Shoe Zone plans to spend a minimum of 3-4 percent of sales annually to cover 50 store projects, head office infrastructure and IT changes after growing revenues in fiscal 2023, despite trading from fewer locations. As part of a reorganization of its estate, the British budget footwear company expects to ...
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News briefs
Tod’s looks to 2022 with optimism after sales top expectations
Tod’s is looking towards 2022 with optimism after reporting higher-than-expected sales in 2021 and receiving positive initial feedback on its new spring/summer 2022 collections. Preliminary sales figures for the Italian footwear company showed that sales increased by 38.7 percent in 2021 compared to the year earlier to €884 million and ...
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