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NEWS
Heading
Kickers & the Lego group collaborate for a second
season spring summer 2010 is twice as nice
Kickers and LEGO team up for improve for 2010. I’ve never
a killer second season with seen our designers have so
summery silhouettes, playful much fun and this shines
prints and a brand new girls’ through in a stunning second
collection in pinks and purples. collection! We introduced the
The range seamlessly debut collection to LEGO fans
incorporates instantly at this summer’s LEGOLAND
recognisable LEGO® design LIVE! Festival and managed to
features on the eyelets and build in customers’ feedback
straps, as well as the LEGO into our new collection.”
brand’s iconic prints. All of this The much-anticipated
is delivered in the signature second season of footwear,
bright up-tempo LEGO colours, designed to bring a smile to
which complement the playful each and every boy and girl
Kickers spirit perfectly. aged 4 to 10, will have an RRP
Ian Blackman, Managing between £50.00 and £55.00.
Director for Kickers UK Be sure you bag a pair when
comments: the collection brightens up
“The Kickers and the LEGO high street shoe shops across
Group collaboration was so well the country and goes online
received last season, we knew from spring 2010.
we had to strive even harder to
www.Kickers.co.uk
What’s in the cards for Portugal’s investvar?
Investvar, Portugal’s biggest new MoveOn brand, which was sole manufacturing and Duarte, founder and major
footwear company, has a presented at the GDS and stitching operations in Portugal shareholder of Investvar,
general meeting on Feb. 8 Micam shows last September. At whose production costs are keeping the industrial segment,
where shareholders and issue were the heavy conditions 30% higher than in India. with a contract to manufacture
creditors will decide its future, imposed by the North American We understand that Ilpe, the about 80 % of the MoveOn line
but it seems that its new group for Investvar to keep the Italian manufacturer of soles, for the first two and a half
MoveOn project will not go license, which would have has decided in principle to take years. But the sale of some of
ahead. They will have two or meant losses for the full ownership of Investvar’s the three Investvar plants in
three different options, but Portuguese manufacturer. As it sole manufacturing unit, in Portugal – one in Esmoriz and
Jorge Pereira da Costa, turns out, the MoveOn brand which it had a shareholding. The two in Castelo de Paiva – is now
Investvar’s new president, did name is the property of Artur reorganization plan will almost more likely.
not provide details, saying the Duarte and several former certainly involve splitting the The new plan will probably
projects are confidential and agents and distributors of the company into two distinct mean that the group will
have to be voted on first. Portuguese Aerosoles line in business areas - commercial concentrate on manufacturing
The previous chief executive Europe, like those in Italy, and industrial – as previously for other big clients such as
of Investvar, Pedro Ribeiro da Greece, Israel, the Netherlands planned. The banks, which Marks & Spencer. The new set-
Cunha, who was designated by and Scandinavia, have decided already support a debt of more up should help avoid
Portuguese Economics Minister to switch over to the American than currency140 million, will play a bankruptcy proceedings, with
Manuel Pinho last March, had Aerosoles line, partly main role in Investvar’s the banks taking up also the
said that the new MoveOn becausethe brand name is recovery, and the five bigger group’s outstanding financial
banner, created to replace better known. Pereira da Costa, Portuguese banks – CGD, obligations to Aerogroup (currency11.5
Aerosoles, would have allowed who previously ran A.T. Kearny’s Santander/Totta, BES, million) and to an Italian shoe
the company to be profitable in Portuguese office, is also a Millennium and BPI – have manufacturer, Ka&Ka
2011 and have record sales in partner at Roland Berger, the already indicated that they are (currency1500,000). Investvar
2012. German consulting firm that willing to convert debt into currently has 120 stores in the
Investvar decided to stop has been working with Investvar equity. The Aerosoles stores Europe and about 650
licensing the Aerosoles brand recently. It has spurred the owned by the Portuguese employees, 420 of whom
from the American Aerogroup outsourcing of 90 % of the company in Europe and its entered a six-month period of
for Europe, Africa and the company’s production to India Pallio retail chain in France may layoffs on Jan. 4, though it
Middle East, starting in April and the lay-off of 200 workers, be sold. The previous could end next month.
2010, and to launch instead the and advised Investvar to sell reorganization would have had
www.shoeintelligence.com
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FOOTWEAR TODAY
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FEBRUARY 2010
www.footweartoday.co.uk
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