All Shoe Intelligence articles in Volume 27, Issue 5+6 – Page 3
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News briefs
Hermès’ Q4 sales rise nearly 18%
Hermès generated sales of €3.962 billion in the fourth quarter of 2024, up by 17.7 percent on a reported basis and 17.6 percent at constant exchange rates. In the full year, revenues amounted to €15.170 billion, up by 13.0 percent on a reported basis and 14.7 percent at constant ...
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ArticleEmerging designer: Moroccan babouches get a Milan fashion twist
Established in Milan in 2022 and launched during Milan Fashion Week in June of that year, the Babú brand of fashionable flats are designed for comfort, as well as functionality. Inspired by the traditional Moroccan babouches, these edgy, pointed-toe loafers with a Milan fashion twist are perfect for daytime as ...
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News briefs
BasicNet reports record revenue growth for 2024
BasicNet, the Italian parent company of K-Way, Kappa, Robe di Kappa, Superga and Sebago, reported record consolidated revenues of €409.2 million for 2024, a 3.1 percent increase from €396.8 million in 2023. The group also posted an all-time high Ebitda of €61.1 million, reflecting a 5.1 percent year-over-year growth. ...
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News briefs
Deichmann picks Ivalua to digitalize source-to-pay
Ivalua announced that Deichmann has selected its platform to digitalize source-to-pay (S2P) processes. Based in Essen, Germany, Deichmann is Europe’s largest shoe retailer. With over 49,000 employees and about 4,700 shops, it operates in 34 countries. In 2023, it generated gross revenues of €8.7 billion. According to Ivalua, Deichmann ...
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News briefs
Capri names a Chief Brand and Product Officer
Capri Holdings promoted Philippa Newman to Chief Brand and Product Officer, effective immediately. In the expanded role, Newman will oversee all product and marketing functions. She will continue reporting directly to John Idol, the Chairman and CEO of Capri Holdings and the brand Michael Kors. Newman has been with Michael ...
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News briefs
DSW has donated 11 million pairs of shoes to Soles4Souls
Soles4Souls, the US organization committed to turning shoes and clothing into new opportunities around the world, has reached a donation milestone of 11 million pairs of shoes through its partnership with Designer Brands, the parent company of DSW Designer Shoe Warehouse. DSW began its partnership with Soles4Souls in 2006. The ...
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News briefs
Merrell names a new Chief Marketing Officer
The hiking and outdoor footwear brand Merrell, part of Wolverine Worldwide, has appointed Richard McLeod as its new Chief Marketing Officer. McLeod will report directly to Janice Tennant, Merrell’s Global Brand President, and oversee the company’s global marketing efforts, focusing on integrated strategies to strengthen Merrell’s presence in the outdoor ...
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ArticleCaleres enters a footwear license deal with Favorite Daughter
Caleres has entered into an exclusive license agreement to launch Favorite Daughter’s first shoe line. Caleres will produce the US brand’s women’s shoes starting with the fall 2025 season. The partnership follows a collaboration between Caleres’ portfolio brand, Dr. Scholl’s, and Favorite Daughter dropping in May 2025. Favorite Daughter is ...
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ArticleCrocs looks to international business to drive sales growth in 2025 and beyond
Crocs is looking to its international business to drive sales growth once again in 2025, as it also lays the groundwork for a new wave of expansion in its home market through diversification efforts away from its core clogs. In 2025, enterprise revenues for Crocs are expected to increase by ...
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ArticleSteve Madden buys Kurt Geiger for £289m
Steve Madden has entered into a definitive agreement to acquire Kurt Geiger from a group led by the private equity firm Cinven for an enterprise value of approximately £289 million (€347m) in cash. The US footwear group intends to fund the transaction with a combination of debt and cash on ...
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ArticleOutDoor 2025 trade show paused
OutDoor 2025 has been paused by Messe München (MMG) and the European Outdoor Group (EOG).
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News briefs
Wolverine Worldwide names a Chief Strategy Officer
Wolverine World Wide, Inc. announced the appointment of Brett Parent as Chief Strategy Officer, effective Feb. 3, 2025. In this newly created role, Parent will oversee the company’s enterprise strategy and identify growth opportunities across its global brand portfolio, which spans 170 countries and territories. Additionally, he will lead the ...
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News briefs
Dr. Martens names two Non-Executive Directors
Dr. Martens appointed Robert Hanson and Benoit Vauchy as Non-Executive Directors with effect from March 26. Hanson is an “experienced executive with a strong track record of delivering growth at consumer brands,” according to the British footwear company. He was CEO of John Hardy and American Eagle Outfitters and also ...
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News briefs
Yue Yuen sees 2024 net profit up 55-60%
Yue Yuen is projecting a 55 to 60 percent increase in profits attributable to shareholders in 2024 from a profit of $274.7 million the previous year due to a “substantial rise” in branded customers demand for manufactured footwear. The group said that factor coupled with strong order fulfillment and a ...
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News briefs
Brazil will have a delegation of 76 brands at Micam
Brazil will be represented by 76 brands at Micam’s 99th edition, held from Feb. 23 to 25 at the Fieramilano Rho exhibition center on the outskirts of Milan. The brands are supported by Brazilian Footwear, an export promotion program maintained by the Brazilian footwear association Abicalçados in partnership with ApexBrasil, ...
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ArticleC-Suite interview: Zhejiang Huanqiu seeks European distributors and an outdoor brand
Zhejiang Huanqiu Shoes Co. Ltd, a Chinese footwear group that owns the Huanqiu and Babaya brands, is seeking distributors in Western Europe, with a focus on France, Italy and Germany as well as an interest in Spain and the UK. The group is also keen on acquiring an outdoor brand ...
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News briefs
Ecco opens a flagship store in Mumbai
The Danish footwear brand Ecco has launched its first signature store in Mumbai, marking a significant milestone in its expansion across India. The 1,200 square-foot store, located in the upscale Phoenix Palladium Mall in Lower Parel, was opened in partnership with Jaipuria Brandz, a company specializing in managing and distributing ...
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News briefs
Komet und Helden new distribution partner for Sebago and Superga
The Munich-based fashion wholesale agency Komet und Helden is the new distribution partner for shoe brands Sebago and Superga in the DACH region, which comprises Germany, Austria and Switzerland. The partnership aims to strengthen the quality, visibility and local support of the two traditional brands in the region, the Italian ...
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ArticleZalando recruits five key persons, two SVP and one CFO
Zalando is strengthening its management team to drive its expansion into a leading pan-European e-commerce ecosystem for fashion and lifestyle. The German online fashion retailer is strengthening its leadership to drive its strategy of building the leading pan-European e-commerce ecosystem for fashion and lifestyle. This will help the company capitalize ...
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News briefs
Tamaris enters partnership with Kilian Kerner, replacing NEWD.
Tamaris, a brand of the German footwear manufacturer and distributor Wortmann Group, took over the partnership with the designer Kilian Kerner, who had been working with Tamaris’s premium brand NEWD.. Kerner’s footwear designs for Tamaris feature “stylish heels and feminine accents” that “emphasize the elegance and strength of every woman,” ...
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