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Zappos CEO Built a Footwear Empire One Shoebox at a Time

Posted by footwearglobal on July 24, 2008, Thursday

Source: abcnews.com on July 08.2008

HOW ZAPPOS BUILD THE FOOTWEAR ONLINE BUSINESS

Online shopping Web site Zappos is doing for shoes what Amazon did for books: trying to revolutionize not only how business is done but how people work.

The name is an adaptation of the Spanish word for “shoe.” This year, nine years after going into business, Zappos is on track to sell $1 billion worth of shoes.

Read the complete story http://www.abcnews.go.com/Business/Story?id=5326827&page=1

See the video
http://abcnews.go.com/video/playerIndex?id=5328179

Download story: zappos-ceo-built-a-footwear-empire-one-shoebox-at-a-time

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Crocs, Inc. Launches Escalator Safety Awareness Initiative

Posted by footwearglobal on July 24, 2008, Thursday

Source:Marketwatch.com

http://www.marketwatch.com/news/story/crocs-inc-launches-escalator-safety/story.aspx?guid={B2103EC4-5541-4C66-AF76-F15C50E504BC}&dist=hppr

Jul 22, 2008 (BUSINESS WIRE) — Crocs, Inc.

CROX announced plans to launch an escalator safety awareness initiative over the course of the next year. The first steps will include the addition of consumer education messages regarding escalator safety to hang tags on Crocs(TM) shoes sold worldwide as well as supporting organizations that further the cause of safe escalator maintenance and use.

Hang tags with educational escalator safety messages will begin to appear on Crocs shoes sold through Crocs retailers and company-owned outlets, including its online store ( www.crocs.com) within the next few months. The company plans to have the educational hang tag fully implemented by the rollout of its Spring 2009 line.
Existing hang tags affixed to Crocs(TM) shoes already explain how to care for and clean Crocs(TM) footwear, and also provide information on the company’s SolesUnited(SM) shoe recycling and donation program ( www.solesunited.com). New language added to the hang tags reminds consumers to use care when riding escalators and moving walkways, while providing these specific tips:
– Stand facing forward in the center of the step
– Step on and off carefully
– Do not touch sides below handrail
– Avoid the sides of the steps where shoe entrapment can occur
– Supervise children at all times
“Consumer safety is very important to us,” said Ron Snyder, President and CEO of Crocs, Inc. “Escalator entrapments have occurred for more than 40 years, far longer than Crocs has been in business, and these accidents often are preventable. Because the Crocs brand is so visible and so popular around the world, we have an opportunity to reach millions of consumers of all ages, including parents, with educational messages that will help draw attention to this important issue.”
Although tens of millions of pairs of Crocs(TM) shoes have been sold in the United States during the past five years, an analysis of nationwide safety data from the U.S. Consumer Product Safety Commission, conducted by Crocs, shows there has been no corresponding increase in the frequency of escalator shoe entrapment injuries.
Industry experts believe many entrapments can be easily prevented by implementing safety requirements in the area of escalator design and maintenance. For instance, as has been documented in testing done by others, including the CPSC, shoe and foot entrapments can be prevented by proper routine escalator maintenance, including periodic lubrication of escalator side panels with silicone or other lubricants.
Additionally, industry experts such as Joseph Stabler, a St. Louis-based escalator inspector and consultant, believe entrapments would be greatly reduced by requiring utilization of existing safety technology. “A number of escalator entrapments occur at the side of the step,” Stabler said. “These can be dramatically reduced by requiring the installation of step safety sideplates. Some escalators already utilize step safety sideplate technology so it’s something that simply would need to be implemented as a matter of course.”
Therefore, one of the future goals of this initiative is to push for changes in elevator/escalator safety code regulations regarding the design, installation and maintenance of escalators. Crocs hopes to work with or support organizations that share this important safety objective. Any organizations fitting this description can contact Crocs at publicrelations@crocs.com for further information.
Crocs is hopeful its efforts in this area will help further the cause of escalator safety and ultimately reduce the number of escalator entrapments around the world.

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Adidas football boots among boycott list in UK

Posted by footwearglobal on July 4, 2008, Friday

Source: http://www.ethicalconsumer.org/Boycotts/currentUKboycotts.aspx

www.ethicalconsumer.org, a not-for-profit research co-operative alternative consumer organisation has placed adidas among boycott list for using kangaroo skin to make some types of football boots.

Ethical Consumer’s boycott list is widely regarded as the most comprehensive English-language list of progressive boycotts. We report on all the boycotts which have a registered headquarters. Inclusion in the list does not constitute an endorsement.

The boycotts list was last fully updated in May 2008. For the most up-to-date information on any boycott please get in touch with the listed contact.

Read further http://www.savethekangaroo.com/adidas/index.shtml

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MBT shoes: do they actually work?

Posted by footwearglobal on July 1, 2008, Tuesday

Source: July 1, 2008

MBT trainers seem like an unlikely item of footwear to catch the imagination of the young and trendy. With their thick, curved sole and sensible wide straps, they look like the sort of thing you need to wear if one of your legs is shorter than the other. Despite their distinct un-beauty, MBT trainers have, for the last eight years, been cited as the answer to modern-day solution for anything from back problems to cellulite on your bum.

A Sheffield Hallam University study concluded that wearing MBTs was better for the knees, hips and ankles than wearing conventional shoes.


However, recently there has been speculation that MBTs may not be for everyone. The claims as to assisting posture, back, hip and knee problems are not supported by evidence or any good rational explanation.

Article in The Independent discusses the issue

Read more . . .

Complete Article  mbt-shoes-do-they-actually-work.pdf

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Nike Unveils Team USA’s Most Innovative, Lightest Footwear and Apparel Designs Ever

Posted by footwearglobal on July 1, 2008, Tuesday

July 01, 2008

Source:  Company LogoNikeBiz

Read Story

EUGENE, Ore.–(BUSINESS WIRE)–Nike athletes, including Lauryn Williams, premiered Nikes USA Track and Field (USATF) uniforms, which will be worn by members of the 2008 Olympic Team for Track & Field, before a sold-out crowd of 20,000 fans at the University of Oregons historic Hayward Field during the U.S. Track and Field Olympic Trials.

Nike was born in Eugene, Ore. and first introduced its iconic Swoosh on Hayward Field at the 1972 U.S. Olympic Trials. Over 30 years and hundreds of medals later, Nike continues to innovate for the worlds top athletes.

Nikes USATF uniforms feature new Nike Swift materials, reducing weight to achieve less drag and faster times, and also include Nike Aerographics and the We the People graphic. With seven percent less drag than the Athens version, wearing the new Nike Swift Suit translates to a benefit of about .02 of a second in the 100m.

Nike Swift System of Dress

The Nike Swift System of Dress lets athletes customize what theyre wearing while increasing aerodynamic advantages on key parts of the body. Socks, gloves and arm coverings an entire system of dress were developed by Nike so sprinters could run faster. For example, the Nike Swift gloves and arm coverings have dimpled fabrics like a golf ball to cut wind resistance and allow arms to slice through the air faster. In testing, the design team found that compared with bare skin, the gloves and arm coverings reduce drag by 19 percent and the socks by 12.5 percent.

Our new innovations are truly game changing and industry defining. It is the lightest footwear and apparel weve ever created, said Sean McDowell, Nikes Footwear Design Director. The worlds top Nike athletes are wearing Flywire technology at the trials because they want gold.

The difference between making the team and not making the team comes down to mere hundredths of a second, said U.S. Olympic Committee Chief Executive Officer Jim Scherr. Nikes ability to deliver ground-breaking apparel and footwear with cutting-edge technology has been incredible. We are proud to have worked so closely with Nike to develop this amazing, innovative and eye-catching Olympic collection.

Nike Track and Field Footwear

The uniform also features footwear with Nikes industry-leading new Flywire technology. Nike athletes Kara Goucher and Bernard Lagat will perform in the Zoom Matumbo, Nikes lightest distance track spike. Lagat will also wear the Zoom Victory Spike, currently Nikes lightest middle distance track spike. Both shoes are lighter than Michael Johnsons famed gold spikes from the 1996 Olympic Games in Atlanta.

For the first time, Nike is making more athlete innovations available to consumers with footwear such as: The LunaRacer+, LunarTrainer+, Zoom Victory+, Zoom Matumbo and Zoom Victory Spike. Now, every runner can benefit from Nikes Flywire and Lunarlite technology. This footwear is available to consumers beginning in July and rolling out through October, 2008.

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Reebok on expansion spree, to open 230 stores in FY’08

Posted by footwearglobal on July 1, 2008, Tuesday

Source: PTI/ Economic Times/ Business Standard

New Delhi June 30, 2008

Link   Economic Times; Business Standard

Global sports wear brand Reebok today said it is on a major expansion in India which would see the company open one store in almost every two days, taking the total number of stores to 850 by the end of 2008-09.

“The company, which currently has 620 stores across the country, is going for a substantial increase in its distribution, which will see its sales going up by 30 per cent per annum,” Reebok India Managing Director Suvhinder Singh said.

“Besides consolidating our existing position in metros and tier I cities, we are also going for a major expansion in tier-II and tier-III and lower-tier cities, he added.

However, he refused to divulge any investment details.

“It is not the company’s policy to reveal investment and sales figures,” he said on the sidelines of the Pure & Play Retail Summit here today.

The company has grown six-time in the last five years and controls 53 per cent of Indian footwear market, Singh said, adding that they would be also bringing in new products.

“We want to maintain the current position and bring new innovation and formats in various segments. We are bringing out 20 new footwear models every quarter, besides a new apparel in every 45 days,” he said.

Reebok is also planning to open specialised junior stores for its young customers. As many as seven such stores will come up in Hyderabad, Mumbai and Delhi among other cities.

The company would be aggressive on its marketing strategy as it plans to expand its business in the country.

“As part of our marketing strategy we have roped in Bollywood stars and cricketers as means of communication platform as Indian customers have a tendency to associate with them,” he said, adding that the company wants to utilise this for expanding into smaller cities.

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Koutons scouts for partners in Middle East to form JV

Posted by footwearglobal on June 30, 2008, Monday

Posted 30 Jun, 2008,

Source :

Article in ET on 29 Jun, 2008,

NEW DELHI: Apparel chain Koutons Retail is scouting for partners to form a joint venture as it looks to expand in the Middle East with about 25 outlets in the region by 2009.

The company has earmarked Rs 40 crore for rolling out the stores, the first of which would come in Dubai this year. Koutons Retail is also gearing up to diversify its business with plans to launch a range of footwear collections for men and kids by October this year, besides increasing number of outlets in the domestic market.

“We are in discussion with three companies in the Middle East for rolling out our stores there. We are looking forward to establish joint ventures in the region, where we will keep the majority stake,” Koutons Retail India Ltd Chairman DSP Kohli said.

The designing, branding and production would be done by Koutons, while the local partner would be responsible for supply chain management and logistics, he added.

Without divulging the possible partners’ name, Kohli said: “We are planning to set up about 25 outlets by the end of next year in the region and it can entail an investment up to Rs 40 crore. The first store will be opened in Dubai this year.”

The stores would target the requirements of Indians living in the Middle East countries, he said. Besides Dubai, the company is also looking at other cities with considerable Indian population, like Abu Dhabi, Sharjah and Doha. It would also expand its footprint to Qatar and Iran, Kohli said.

The company would enter the Chinese market by the end of this year, besides plans to enter in the European market, he added.

The Gurgaon-based firm has also planned to launch its footwear range for men and kids by October in the current year. “We will come out with our footwear range for men and kids by October this year as part of our strategy to offer complete range of wardrobe and accessories to the customers under one roof,” Kohli said.

The apparel manufacturing company would source footwears from China as well as from the domestic market, he added. The company is planning to increase the number of its retail outlets to 1,800 by the end of current fiscal from the present 1,280.

“Our growth this year will mainly be driven by our expansion in the ladies and kids wear segment under Le Femme and Junior brand names,” he added.

Out of the current 1,280 stores, over 691 stores are exclusive shops, while the balance are Charlie Outlaw stores. Koutons Retail is targeting an over 50 per cent jump in its revenue in the current fiscal to Rs 1,250 crore from Rs 793 crore in 2007-08.

When asked if the spiralling inflation and the surge in cotton prices would lead to any hike in the prices of its products, Kohli said, “Right now we have enough stock, but if the rising prices do not cool down by next year, we might think of raising the prices of our various products then.”

The company had raised about Rs 100 crore through initial public offering (IPO) last year.

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When the shoe fits the pocket

Posted by footwearglobal on June 29, 2008, Sunday

No woman who buys Jimmy Choo or Prada is buying comfort or taking care of the arches of her feet. Often, she is actually buying discomfort, given how high the heels can be. Admittedly, there are shoemakers-Manolo Blahnik and Christian Louboutin, for instance? Read

read more | digg story

When the shoe fits the pocket

Wear shoes that are even slightly tight, and you will be unable to stand. Try running in shoes that are not meant for that purpose, and your feet will hurt for weeks

Pursuits | Vir Sanghvi Posted: Fri, Jun 27 2008

After all my sneering about women and handbags in previous editions of this column, I now have to try and defend the male of the species. I’ve always found it extraordinary that women are prepared to pay as much for a handbag as the rest of us would pay for a small car. It isn’t that the bag itself is particularly expensive to make. Markups of 800% or more are routine. But clever marketers have persuaded women that an ‘it’ bag or a limited edition handbag are so desirable that the prices should bear no relation to the cost of manufacture.

For happy feet: Gucci shoes for men can cost as much as a Louis Vuitton purse. Photograph: Harikrishna Katragadda / Mint / Gucci Showroom, The Oberoi, New Delhi

Many women have pointed out to me that such sneers could easily be directed at men as well. Sure, we don’t use handbags. But we do wear shoes. And unscrupulous marketers are able to extract such high premiums from vain men that we seem almost as foolish as the women who pay thousands of dollars for bags.
I have usually retorted, in defence of men, that shoes are a complicated business. A handbag started out as a convenience but soon became an adornment. Shoes, on the other hand, are essentials. You can’t really leave the house barefoot. And because we wear shoes for most of the day, it is important that they fit perfectly. Wear shoes that are even slightly tight, and you will be unable to stand. Try running in shoes that are not meant for that purpose, and your feet will hurt for weeks.
So, I have argued, there is no parallel between bags and shoes. When a woman pays $5,000 (around Rs210,000) for a designer handbag, she is buying a status symbol. When a man splashes out on a $500 pair of shoes, he is buying a lifetime of comfort and investing in the future of his feet.
Well, yes and no.
Take the arguments that I offer on behalf of men and their shoes and turn them around to defend women and their Jimmy Choos. Suddenly, you begin to realize quite how hollow they are. No woman who buys Jimmy Choo or Prada is buying comfort or taking care of the arches of her feet. Often, she is actually buying discomfort, given how high the heels can be. Admittedly, there are shoemakers — Manolo Blahnik and Christian Louboutin, for instance — who do pay attention to the balance of a ballet pump and ensure that their shoes remain light on the feet. But rarely do women buy their shoes for comfort alone. Even with Blahnik and Louboutin fans, the primary motivation is fashion and, perhaps, snob value.
Sadly, the same is true of men. I am as willing as the next guy to admire a nice pair of Gucci loafers or to marvel at Prada’s ability to set fashion trends in footwear. But even I do not believe that somebody who shells out hundreds of dollars for Prada or Gucci is terribly concerned about comfort. We buy the shoes because they look nice.
And when we have to explain to ourselves how we can justify buying shoes that are three or four times more expensive than ordinary high-street brands, we swallow deeply and argue that, of course, for Prada, Gucci and the like, one has to pay a little bit more.
So, are we so very different from the women who crowd the Louis Vuitton boutiques looking for the latest limited edition bags of each season?
Regrettably: No, we’re not.
Are we being duped? Should we refuse to buy into the great fashion footwear scam?
Well, that’s an individual decision. And I don’t think that any absolute rules apply. Nobody is going to rot in hell for eternity because they bought a pair of Prada shoes on impulse. We’re all entitled to our luxuries.
Speaking for myself, however, I find that I spend less and less money on shoes these days. This is not because shoes are unimportant. Quite the opposite in fact. It’s because they are too important a matter to be left to fashion.
A few years ago, I worked out that when it came to shoes, only three things mattered: the quality (leather and workmanship), the fit and the look. I found that with designer shoes, the look was always right but neither the quality nor the fit were necessarily what I was looking for. Often, the trendy brands would sacrifice a comfortable fit in the pursuit of a fashionable look. The leather was never bad. But rarely was it particularly special. And as for the workmanship, shorn of the marketing hype, designer shoes were essentially industrial goods, manufactured in huge factories in vast numbers.
So, I decided to work backwards. If I was looking for quality workmanship, where should I go? The obvious answer was to avoid the global labels with their mass production. I found a small Thai label called Ragazze which made fashionable shoes of high quality and still managed to sell them at one-fourth the price of the high-fashion labels.
Then, couple of years ago, I thought more about it. If the Thais could do it, then surely Indians could do it as well. Why didn’t I find somebody who would make my shoes for me by hand?
Fortunately, I rediscovered Joy, a label I remembered from my Bombay days. I’ve known Munna Jhaveri, its owner, for decades. Somehow, it never occurred to me to get him to make my shoes. But once I made that jump, it seemed entirely logical to put my feet in his hands.
So now, Munna makes all my shoes and sandals. They are made to my exact size (my feet are broader than average), I choose the leather, Munna and I work out the styles together, and Joy’s workmen produce world-class shoes in a fortnight to three weeks.
The best part? I wish I could say it came from the pleasure of encouraging traditional craftsmanship or of wearing shoes that fit as only custom-made footwear can.
Actually, the best part is the price. At a time when all the foreign labels are setting up shop in Mumbai and selling very ordinary, industrially manufactured shoes at upwards of Rs20,000 a pair, Munna makes me bespoke shoes at a fourth of their price.
That is one of the pleasures of living in India. You get world-class quality, without the hype and handmade to your requirements — at a very Indian price.
Write to Vir at pursuits@livemint.com

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Footwear chain ties up with Europe brand

Posted by footwearglobal on June 29, 2008, Sunday

In Published: Saturday, 28 June, 2008

SHOE Mart, a leading chain of footwear stores from the Landmark Gulf Group, has announced a joint venture with Kurt Geiger, Europe’s largest luxury shoe specialist.

read complete story

Published: Saturday, 28 June, 2008, 01:00 AM Doha Time

SHOE Mart, a leading chain of footwear stores from the Landmark Gulf Group, has announced a joint venture with Kurt Geiger, Europe’s largest luxury shoe specialist.
The deal is expected to open 30 Kurt Geiger stores across the Gulf region within the next five years, with the first store in Qatar already open in Landmark Mall.
Shoe Mart’s alliance with Kurt Geiger will add a new dimension to its current portfolio by bringing the latest designer shoes to the region. This is the first time Kurt Geiger has ventured into franchising.
The Kurt Geiger stores will offer a range of own label collections for men and women reflecting the design and identity of Kurt Geiger’s UK freestanding stores.
“From our perspective, Kurt Geiger’s entry in the Middle East represents a significant shift in the region’s market dynamics as customers of luxury shoes now have the option of choosing one of their favourites,” Shoe Mart CEO Manu Jeswani said.
Kurt Geiger’s director of change, Andrew Lee, stated that the company sees the Gulf Region as a natural progression in the international growth of its business.

Posted in Brands, Middle East, News, Retail | Tagged: , , | Leave a Comment »

Payless Shoesource Parent Settles Trademark Lawsuit

Posted by footwearglobal on June 29, 2008, Sunday

Source: 

Published: June 28, 2008

Collective Brands, which operates the Payless ShoeSource and Stride-Rite shoe store chains, has agreed to pay a footwear rival, K-Swiss, $30 million to settle litigation claiming trademark infringement.

clix for Complete Story

Collective Brands agrees to settlement

K-Swiss to receive $30 million over trademark claims

Printed in The Capital-Journal By Michael Hooper
Published Saturday, June 28, 2008

Collective Brands, Inc., owner of Payless ShoeSource and Stride Rite, has agreed to pay $30 million to K-Swiss to resolve claims K-Swiss had against Payless regarding trademark issues, Collective Brands announced Friday.

Under the parties’ settlement agreement neither company admits liability to the other, however, Payless has agreed to pay K-Swiss $30 million on account of K-Swiss’ claims for compensatory damages.

Collective Brands anticipates that some portion of the $30 million settlement payment will be covered by insurance, but the precise amount isn’t determinable at this time.

K-Swiss has given Payless and its affiliates a full release of all known or unknown claims with respect to any shoe advertised, marketed, or sold by Payless or its affiliates up to June 24, including claims that were or could have been brought in the pending action. As a result of this settlement, Collective Brands will record a charge in the quarter ending Aug. 2 in the amount of $30 million not including consideration of any related insurance recovery or additional legal and other expenses.

Under the settlement agreement, Payless has agreed to refrain from making, advertising, promoting or selling footwear confusingly similar to that sold by K-Swiss, including footwear that bears K-Swiss’ trademark or trade dress. K-Swiss, a shoe retailer based in Westlake Village, Calif., uses a five-stripe logo on its athletic footwear. The company’s Web site says it has been making leather tennis shoes since 1966.

Under the settlement agreement, Payless will have until Dec. 31 to sell any existing inventory of shoes whose sale would be precluded under the terms of the settlement agreement.

The announcement follows a May 5 jury verdict of $304 million against Payless for trademark infringement of Adidas’ three-stripe logo. Collective Brands is fighting the judgment, but earlier this month set aside $30 million for the lawsuit.

Michael Hooper can be reached at michael.hooper@cjonline.com

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