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Tag: Ecco

  • Ecco India opens its first store

    Ecco India opens its first store

    Ecco India has opened its first store in the country, located at Gurgaon Ambience shopping mall in New Delhi.

    Steen Borgholm, CEO of the Danish shoe and leather goods brand, says the company sees potential in the Indian retail market, despite the challenges.

    “We see strong demand from consumers who know what they want, and who appreciate the quality and consistent brand experience they get from Ecco. We continuously work to understand our customers better, and we hope to be able to convey the passion of our employees and our brand story to them,” he said.

    Ecco India has an expansion strategy which includes opening 20 concept stores in major cities over the next three years. It will also launch an online store in the first quarter of next year, allowing approximately 1.3 billion Indians to shop its products from the website.

    But first, says EVP for global sales, Michel Krol, the company will focus on positioning the brand in India, where the majority of the consumers are price sensitive.

    “We would like to take a long-term strategy to become a successful brand in India. That is why we will start with a small footprint to focus first on brand building so that the Indian consumer understands the brand’s narrative as to why the premium price we charge is justified,” says Krol.

    Founded in Denmark in 163, family-owned Ecco has more than 2250 stores worldwide, along with more than 14,000 points of sale. It owns and manages every aspect of the value chain from tanneries and shoe manufacturing to wholesale and retail activities.

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  • Ecco is heading back to the Philippines

    Ecco is heading back to the Philippines

    Danish footwear brand Ecco is returning to the Philippines through a shop-in-shop concept at SM malls.

    The brand has launched spaces at SM Store Makati, SM Store Mall of Asia, and SM Megamall’s third floor Bridgeway Building. The openings are part of the label’s strategy to continue its expansion in the territory as more shop-in-shop formats and eventually, concept stores at select SM malls are being planned.

    Ecco operates in 87 countries at 2989 shops and shop-in-shops and  15,000 sales points globally. It remains one of the only major international shoe manufacturers to own and manage every step of the shoemaking process.

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  • Ecco Store opening at Changi Airport Singapore

    Ecco Store opening at Changi Airport Singapore

    Ecco Singapore is opening its newest store in Southeast Asia at Jewel Changi this Wednesday.

    With a design different to other stores in the Ecco Singapore network, the new outlet was inspired by the brand’s philosophy of ‘natural motion’ as well as the greenery and waterfall environment unique to the Jewel Changi space.

    The shop carries a curated collection of the latest Ecco shoes and accessories for both women and men.

    “Since entering the Singapore market more than a decade ago, we have been blessed with tremendous support from our loyal customers who have come to know Ecco for our craftsmanship and premium quality footwear and leather goods,” said David To, GM for Ecco Shoes Singapore and Malaysia.

    “Ecco’s design philosophy is very much inspired by nature and thereby the natural organic features of Jewel is a perfect fit for us. That is why we have chosen this fresh expression of the Ecco brand for this new store to share a new experience with our local customers and Singapore visitors,” he added.

    Founded in 1963, Ecco now has more than 2200 owned shops and 14,000 sales points in 90 countries. The company achieved record sales of US$1.49 billion last year, and posted the highest profit in its 55-year history.

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  • 2018 Was A Record year for shoe brand Ecco

    2018 Was A Record year for shoe brand Ecco

    Shoe brand Ecco reported record sales last year and its highest profit in its 55-year history.

    Net sales reached €1.31 billion (US$1.49 billion) and profit before tax reached €201 million ($228.1 million).

    “It is very satisfactory for the employees to see all their hard work and enthusiasm rewarded with such a good result, particularly when taking into account that the retail industry is going through a disruptive period and is facing many challenges,” said Ecco CEO Steen Borgholm.

    The gains correspond with the launch of several new products last year, within both the firm’s shoe and leather divisions.

    Direct-to-Consumer sales continued the fast growth of previous years, recording a 10-per-cent growth in brick-and-mortar retail and 36 per cent online. In particular, North America and Asia recorded strong overall market growth with 13 per cent and 11 per cent respectively. More than 50 per cent of Ecco shoes were sold in concept stores – online and offline.

    “In a year Ecco connects with millions of consumers,” said Borgholm. “We still have a lot to do to take full potential of this in our marketing, sales, and operating model. Further investments in the development of new products will continue and help us generate a sustainable and healthy growth for Ecco also in the years to come.”

  • Vincom Centre Landmark 81 launched

    Vincom Centre Landmark 81 launched

    Vingroup has opened its 55th shopping centre, The Vincom Center Landmark 81 mall, in Ho Chi Minh City’s Binh Thanh district.

    The 50,000sqm shopping centre occupies six of the skyscraper’s 81 storeys, housing 100 domestic and international brands in cosmetics, fashion, F&B, and entertainment.

    Fashion brands include Versace Jeans, Calvin Klein, Adidas, Tommy Hilfiger, Lacoste, French Connection, Kimmay, Superdry, H:Connect; Cole Haan, Ecco, Dune London, Parfois, Aldo, Pandora, Longines, OWL and Nike.

    The 7000sqm food and beverage area features 30 restaurants, including China’s Peach Garden, Japan’s Dozo Sushi, Vietnamese restaurants Delights, Di Mai, and coffee shops including Starbucks’ largest Vietnam outlet and Highlands Coffee.

    In the entertainment area, there is a 2000sqm Vincom Ice Rink, Vietnam’s largest, and a CGV cinema complex including an Imax screen, as well as a tiNiWorld entertainment complex and an indoor games centre.

    Vingroup’s food arm VinMart operates a supermarket there.

    Go to gallery below to view the launching event :
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  • CityOn.Zhengzhou to open fully leased

    CityOn.Zhengzhou to open fully leased

    Taubman Asia, a subsidiary of US shopping centre group Taubman Centers, and China’s Wangfujing Group, have announced the line-up of retailers for its CityOn.Zhengzhou mall in Henan province, set to open on March 16.

    When it opens, the centre will be 100 per cent leased and 90 per cent occupied with nearly 200 stores and restaurants. In the heart of Zhengdong New District, the six-level, 94,000 sqm shopping and dining destination will offer domestic, international and lifestyle brands from fast fashion to accessible luxury, anchored by a four-level Wangfujing department store.

    “We are thrilled to see our second China project coming to life in Zhengzhou,” says Taubman Asia president Rene Tremblay.

    Local, regional and international cuisine at all price points and in both seated restaurants and quick-serve formats will be a feature of the centre, which will also offer family-friendly experiential, educational and entertainment offerings.

    Many international brands will be making their central China debut at the centre, says Taubman Asia group VP Paul Wright.

    Outlets at the mall include…

    Fashion: Adidas, Ajidou, Basic House, Bershka, Charles & Keith, Columbia, Converse, Ecco, Five Plus, Forever 21, H&M, Innisfree, Jack & Jones, KIKC, Kipling, La Chapelle, Lee, Levi’s, Mango, Massimo Dutti, Miniso, Mishka, Mobi Garden, Nike, Pandora, Polo, Sand & Foam, Sephora, Skechers, Stradivarius, The North Face, Uniqlo, Vans, Vero Moda, Westlink and Zara.

    F&B/entertainment/kids/lifestyle/electronics: Acasia Food Village (featuring 14 food vendors), Benfu Sushi, Boat Noodle, Chatime, Chez Choux, Chicken Container, Coco, Dollar Shop, FrozenYo, GB Kids Station, Gong Cha, Grandma’s Kitchen, Guoguo Mutton Soup Restaurant, Guxiang No. 9 Catering, Hallmark Babies, Homao, Huawei, iSpace, La Chapelle Kids, Lenovo, MagicSalad, MM by Haircode, Mr Wish, NaughtyKids, New York Fries, Oscar CityOn Cinema, PapaBubble, Pizza Zone, Rbike, Siwuke Tea, Starbucks, Strawberry Forever, Subway, Teppanyaki Xiang, Toot Science, Udon & Tempura, Uncle, Wan Quan Bu Tong, Xiang Tian Xia Huo Guo, Xiao Liu Jia, Xiao Zhu Zhu Kao Rou, Xue Mi Da, Yang Xiang Dou Pi Shuan Niu Du, YuYuTo, ZBX Fresh Fish Hot Pot, Zheng Shi Yi and Zoo Steak.

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  • Sports fashion demand drives Stella sales

    Sports fashion demand drives Stella sales

    Shoe marketer Stella International has reported increased sales in the second quarter on the back of growing demand for sports fashion footwear.

    In the three months to September 30, consolidated revenue from its China retail business and its manufacturing operations amounted to US$569 million, up 4.3 per cent year on year. For the nine months to September 30, revenues totalled US$1.366 billion, an increase of 7.9 per cent.

    “Looking forward, the group expects orders for the group’s footwear products will pick up further towards the end of this year and the beginning of 2016, as its customers continue to expand their global presence and as demand for sports fashion footwear continues to grow,” the company said in a stock exchange filing.

    “Order levels will also be supported by greater efficiency and improved utilisation at the group’s production facilities in inland China and Southeast Asia.

    “The group cautiously expects shipment volumes to reach 58 million pairs by the end of 2015.”

    Stella produces shoes for brands including Clarks, Deckers, Ecco, Rockport, Timberland, Wolverine, Cole Haan, Guess, Jones Group, Kenneth Cole and Michael Kors. It also designs, develops and manufactures footwear for high-fashion brands including Alejandro Ingelmo, Alexander Wang, Armani, Bally, Balmain, Brian Atwood, Givenchy, Kenzo, Marc by Marc Jacobs, Marciano, Miu Miu, Paul Smith, Prada, Sigerson Morrison, Via Spiga and Y3.

    And taking advantage of its manufacturing expertise, the wide acceptance of Stella’s products by brand customers, the company has successfully expanded into the Chinese and global footwear retail market through its own brands Stella Luna, What For, JKJY by Stella and joint-venture brand, Pierre Balmain.

    Stella says it will continue to implement strict cost controls and efficiency improvement measures to preserve its profitability. This includes placing a renewed focus on leveraging its competitive strengths to pursue new promising product segments, such as sports fashion footwear.

    “The group also remains committed to building the long-term competitiveness of its retail business with the opening of new standalone stores and shops-in-shops in quality locations. It will also continue to boost its branding efforts in Europe to further grow the value of its brands among Chinese consumers.”

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