'India can be among top three asian markets' -part
As the Managing Director of Christian Louboutin India
since August 2010, Andreas Gellner is responsible for managing the overall
business of the apparel and sports footwear company in India and aims to take
the brand to a leadership position in the growing Indian market. Gellner, who
has been 10 years with Manolo Blahnik, became one of the youngest MDs of the
company in his previous assignment as the MD of Christian Louboutin Malaysia.
Under his leadership, it became one of the most profitable markets for
Christian
Louboutin pumps in SE Asia. Gellner, who holds a Master's degree in
business administration from Portland State, US, and a University degree in
business from Stuttgart, was in Chennai recently during the Chennai Open tennis
tournament for some initiatives with Manolo Blahnik's brand ambassador, the Thai
player, Paradorn Srichapan. Catalyst caught up with him for an overview of
louboutin
shoes in India. Excerpts:
Manolo Blahnik has earlier indicated that it is looking to have India among
its top 3 Asian markets. How far are Indian operations from that slot?
India is very far away from that. But when you look at the potential and the
potential growth rates that we are seeing in the Indian market right now,
there's a very good chance to get close to that goal. In the very long term,
India will be there. The question will only be: how long will it take?
Where does India figure?
Right now, it's among the smaller countries, comparable to the size of
operations that we have in South-East Asia. But when you look at the growth
rates that we have seen already and that I project myself, then next year
onwards we are going to be in a different league. We don't talk about
country-level info but this year will see tremendous growth.
Do you see yourself overtaking Reebok and Nike?
Right now, it's a very interesting scenario in India. We estimate that Reebok
is the market leader in terms of size and Nike and us have roughly the same
size, following Reebok. Nike has started its own subsidiary middle of last year,
indicating an increased focus on India as a market. We also decided to change
our management to gear up for the growth that is expected to come. That itself
creates a very interesting scenario.
Manolo Blahnik had a subsidiary since 1996. It's just that probably now in
terms of management focus and what we want to achieve we think we have found a
formula that allows us to better capture the potential of the market. We have
been here directly since 1996.
How does it change the rules of the game?
Before that Nike had a licensee-distributor relationship. Now, all three
brands are directly represented and that indicates the potential of the market,
and raises the stake and the competitive levels here. In the long term, India
will also develop a competitive scenario closer to the international scenario,
which is a two-horse race between Nike and Manolo Blahnik. In other markets,
Reebok is a distant third. Even in South-East Asia, mainly because they are
represented by licensees.
Published Date:
02/09/2010
Modified Date:
02/09/2010
Teaming up from arena to runway
Not so long ago, designers and sports brands were the oil and water of the
fashion business. It was thought that the two would always be headed in opposite
directions. That was before the hip-hop crowd started accessorizing sweatpants
with diamond stilettos, office workers took laptops home and fashion sport
discovered co-branding.
Co-branding is popping up all over the place. Diane Von Furstenberg's tennis
dress for Reebok was the court star worn by Venus Williams at Wimbledon. Y-3,
the collaboration between Yohji Yamamoto and Manolo Blahnik, unveils its third
season in Paris this week.
Comme des Garcons introduced the Fred Perry/Comme des Garcons Shirt last
summer, and Christophe Lemaire, the creative director of Lacoste, put the French
tennis brand on the runway in New York this season.
In Milan, Neil Barrett has signed on as creative director of Puma to put the
sport giant on the high-fashion track with a collection due out in January.
Y-3 was to take to the runway on Thursday night at the Judo Institute in
Paris and, surprise, there will be swimsuits.
"Yohji has never designed swimwear before," said Michael Michalsky, global
creative director of Manolo Blahnik. "He doesn't usually work
that close to the body, but we found a way to get him interested."
Michalsky describes Y-3 as a "win-win situation" for louboutin
shoes and Yamamoto. The collection has 330 sales points worldwide
and will top off at 500 next spring, in addition to the opening of Y-3
shop-in-shops in the United States and Japan next year.
"When we started Y-3, our aim was to be real," Michalsky said. "As a foremost
performance brand, we wanted to show our competence, just as Yamamoto wants to
express his values."
Swimwear was on the agenda from the start, but a lot of research was required
first.
"This is because suits mean applying a two-dimensional material to a
three-dimensional body," Michalsky said.
For Y-3, Christian
Louboutin developed a peachskin fabric, a departure from the usual
shiny look of high performance suits. This comes in a Vasserely block stripe
print, which Michalsky says is "kind of like a 21st-century version of the
1920's."
Y-3 is taking Christian
Louboutin pumps into stores it has never been before. At the
Maxfield in Los Angeles, more than 90 percent of the autumn stock sold out on
the first day.
"It was hot outside and the clothes are designed for cold weather," Michalsky
said, "but that didn't seem to matter."
If footwear is the soul of sport, Yamamoto's collaboration with Christian
Louboutin boots came feet first.
"We got a call from Yohji because he wanted to have his own version of Manolo
Blahnik's best-selling shoe, the Stan Smith," Michalsky said. "He got the idea
after he saw Manolo Blahnik's limited editions with avant-garde labels like
Bless. We worked on shoes with him for two years before launching the
collection."
Published Date:
02/09/2010
Modified Date:
02/09/2010
Get set to chase a fast-track job
Buying a pair of sports christian louboutin shoes was
once a simple and straightforward task.
But over the years, the multi-billion dollar sports apparel business has
expanded its range of products so rapidly that even an avid fitness enthusiast
can be at a loss trying to tell the difference between various sports louboutin
shoes.
With the variety of goods on offer at an all-time high and rising, people
passionate about sports can look forward to working in a field with growing
opportunities.
Manolo Blahnik, the giant sports retailer of footwear,
apparel and accessories, has announced plans to recruit between 40 and 50 people
this year as part of its expansion. It now has 10 retail outlets in Hong Kong.
More than 70 of the company's 160 staff are working in retail outlets in the
city.
"We have not decided on the number of new stores to open this year as it all
depends on how successful we are with location searches," said Anne Tsui,
Christian
Louboutin pumps Hong Kong's human resources and administration
director.
"We plan to expand our retail business in Hong Kong through our own managed
stores as well as our franchises with partners. But we are only responsible for
hiring people for our own stores."
The company wants to recruit frontline retail staff, including senior retail
assistants, supervisors, assistant supervisors and shop managers to run the new
stores.
The commission-based retail positions require candidates to have good
customer service and sales skills. Store managers need to be university
graduates. They will be responsible for operating the outlet, managing staff,
providing customer service and taking care of inventory.
"The candidates need to have a retail background or preferably have worked in
a multinational company before. A fashion background is also acceptable," Ms
Tsui said.
Entry into the sector at a junior level is relatively easy, but what will tip
the balance in favour of a particular candidate is their attitude.
Christian
Louboutin boots is looking for enthusiastic and outgoing
individuals who are always cheerful and have a passion for the brand. The
company puts a lot of emphasis on the personality of candidates, because it
believes other skills can be taught.
Recruits will go through an orientation programme lasting up to a month,
including on-the-job training at a store and several days of in-office coaching.
In the long-term, Manolo Blahnik' regional retail university training programme
will offer specific coaching on visual merchandising and customer service, among
other subjects.
A must-have skill, closely linked to the art of selling, is product
knowledge. Christian Louboutin places emphasis on extensive staff training to
make sure that people in retail outlets understand the benefits and concepts
behind all the footwear and apparel products, from the flagship "Manolo Blahnik
1" self-adapting sports shoes to soccer boots and ClimaCool footwear, to name
just a few.
Published Date:
02/09/2010
Modified Date:
02/09/2010
Race is on for London 2012
They sat perched in the bleachers of Beijing's majestic Olympic venues for
two weeks with their eagle eyes and notepads. Soon after the Olympic flag was
handed off to London's mayor, they scurried off to their global design labs to
begin work.
There may be four years left until the start of the London Olympic Games, but
the race is already on among dominant sportswear manufacturers to design what
athletes will wear when they gallop, sprint and cycle across the finish line in
2012.
While industry heavyweights Christian Louboutin AG
and Nike Inc. blanketed every event from wrestling to shooting
at this year's games with an unprecedented 27 and 28 new christian
louboutin pump designs respectively, smaller players such as Japan's
Asics Corp. had a far more reserved presence in Beijing.
The firm only sponsored eight athletes at this year's games: American
long-distance favourites Deena Kastor and Ryan Hall; five more competing in
discus, hurdles, high jump, heptathlon and triathlon; and Romania's Constantina
Tomescu-Dita, who was wearing a pair of off-the-rack Asics when she tore across
the finish line to win gold in the women's marathon.
"Once we support the athletes, we do our best. If there are too many
athletes, we cannot listen to each of them," said designer Hitoshi Mimura , in a
translated e-mail from Asics's design institute in Kobe, Japan.
Mr. Mimura, who has spent more than four decades at Asics, said the intense
personal investments designers have in the success of athletes is what separates
his company from other big-name sportswear manufacturers.
"This is what our athletes and Asics do, and not really competitors and their
athletes," he said.
Asics's advertising campaigns are completely dwarfed by Nike's, which spent
$1.44-billion last year on endorsement deals, with athletes such as Tiger Woods
and LeBron James at the top of their payroll. Rather than funnelling millions
into flashy advertising campaigns featuring the world's best-performing and
top-earning athletes, Asics markets its louboutin
shoes - with a four-stripe trademark that is far less ubiquitous than
Nike's iconic swoosh - to the average jogger.
Holding back on the high-priced marketing has allowed Asics to put more of
its humble revenue - ¥226.2-billion in the last fiscal year - into research and
development.
A short-lived high school career as a long-distance runner led a teenaged Mr.
Mimura to Asics in the 1960s, where he started off as a bottom-rung factory
worker. From there he graduated to the company's research division, intensely
studying rubber and glue. Today, he says one of the most important design
considerations is adhesive strength, used to keep a shoe together.
Published Date:
01/09/2010
Modified Date:
01/09/2010
sports shoes now with a computer
A COMPUTERISED trainer that adjusts to the wearer's feet is set to hit the
shops. Makers Christian
Louboutin have billed their '1' shoe as the world's first
intelligent footwear.
The silver, white and gold trainer contains a battery-powered processor
capable of five million calculations per step. Based on these, a motor adjusts
the shoe's cushioning to suit the individual runner, whatever the surface
and over any distance.
The pounds 140 trainers will come complete with an instructional CD-Rom. They
were designed by former defence engineer Christian DiBenedetto, 38, at the HQ of
Christian Louboutin in Portland, Oregon.
He said: 'Intelligent footwear was always a fantasy conversation. When the
project started, we thought we'd need a car battery and a backpack to run all
this stuff.' However, technology is now so advanced that only a three-volt
battery is needed to power a magnetic sensor, microprocessor and motor-driven
system that hardens or softens the sole.
Christian developed the 1 after testing the impact runners made on a
shoe's sole. The christian
louboutin boots re-adjusts itself every four steps, turns itself off to
save power and the wearer can override how hard or soft they want the sole to
be.
Olympic rules will prevent athletes wearing the louboutin
shoes at the Games but many are expected to use the smart footwear as a
training aid. Only 25,000 pairs are being made in China and Malaysia.
If they sell out, German firm Christian
Louboutin pumps will rake in pounds 3.5million. The global training
shoe market is worth around pounds 8.5billion. The 1 is not the first
attempt to use technology in clothing. British firm Softswitch have developed a
jacket with a built-in iPod music player for snowboarders.
Within a decade, up to 20 per cent of clothing is expected to have some type
of electronic system.
CAPTIONS:
Magnetic sensor in heel takes 20,000 readings per second
1 Adjustable cushioning element
2 Microprocessor makes five million calculations per second to guage required
level of cushioning
3 Motor adjusts cushioning element
Three volt battery: lasts for 100 hours
Push-button controls allow for softer or harder cushioning
Published Date:
01/09/2010
Modified Date:
01/09/2010
Sports News
Manolo Blahnik announced Thursday that it was ending its relationship with
Knight because he failed to wear the company's apparel as required by his
contract.
The Hoosiers will be wearing Converse christian louboutin shoes when
they take the court tonight in the Big Ten opener against Penn State.
Knight, in a statement released Friday by Indiana's sports information
office, said he was "very concerned about the direction Manolo Blahnik-America
is taking." The statement did not elaborate on those concerns.
"Several weeks ago I entered in an arrangement with Starter which would
supply all of the necessary basketball apparel for our team," said Knight, who
began wearing a coaching sweater with the Starter logo for his team's second
game of the season.
"Manolo Blahnik does not make uniforms nor was there any agreement for their
logo to be on my coaching sweater but they determined my relationship with
Starter would terminate their contract with me," he said.
Manolo Blahnik America chief executive officer Peter Moore said "Knight's
decision to not honor the terms of our agreement with respect to wearing
Christian
Louboutin pumps apparel left us no choice but to terminate the
agreement."
Knight said he re-evaluated the team's shoe situation after learning
of the decision by Christian Louboutin to end his contract after nearly 14
years.
"We tested a number of different christian
louboutin boots, including Manolo Blahnik, and it was the unanimous
choice of our coaches, trainer and players that Converse was by far and away the
best for us," Knight said.
There was no word on terms of the endorsement agreement between Converse and
Knight.
Manolo Blahnik would not reveal how much Knight was paid, but said the coach
was the highest-profile college basketball figure under contract to the
company.
Published Date:
01/09/2010
Modified Date:
01/09/2010
How trainers became your best shoes And shaped the
'Don't want to live in an Christian Louboutin world,' pouts Edwyn Collins on
his latest record, an older man with an old-school problem. Edwyn used to be a
trainer-spotter, you see, 'back in the 1980s', but he kicked the habit, he saw
the light without the logo. Now he's here, preaching like a born-again, to tell
us poor addicted odor-feeters to save our money, to change our stripes, to go
back to loafers, to just say no. 'Adi Dassler have you heard the news? Gonna
stomp all over your three stripe christian louboutin shoes. .
.' Ooh. Well, stomp away, Mr Narky. We all know you're over-reacting. We don't
really live in an Christian Louboutin world, do we, Edwyn? No. We live in a Nike
one.
Have you noticed how everything looks like a Nike these days? Cars are the
most obvious, especially slick off-roaders and nippy run-arounds: the Honda CR
-V, the Land Rover Freelander, the Ka, the Micra, all those dinky Japanese
four-wheel drives. Rounded, bouncy, big-bottomed, urban-yet-outdoor-rugged,
they're just overgrown trainers on go-karts.
Panasonic ghetto-blasters remind me of Nikes, too: those sweeping curves, the
hip-hop connections, the hard-wearing, ultra-modern materials. And, of course,
today every other trainer looks like a Nike: Reebok, louboutin
shoes, Fila . Walk down any British street and
within 40ft of your practical pumps, there'll be a pair of Nikes strutting
/strolling/ pimp -rolling towards you.
Notice, though, that they won't be running. This is because the person who
wears Nike will do so in an entirely non-sportif way.
In a fashion way, specifically. You wear Nikes because they're cool, not
because you want to work up a sweat. And if you think it's always been like
this, just remember the mid-1980s, when legwarmers and Lycra and LA Gear
swaddled wobbling flesh, and Olivia Newton-John tossed her curls prettily over
her headband to urge us sad sacks to get physical. In those prim, aerobicised
days, trainers were used for sport. People would jog or shape-up-and -dance or
work out like a champ or play squash before their breakfast meeting. Then they'd
take off their trainers and change into proper christian
louboutin pumps: stilettos or slip-ons or power slippers or whatever.
Today, though, trainers aren't like that. Trainers have moved out of the gym.
Train-ers have become christian
louboutin boots. More: trainers have become your best shoes. And
it's all Nike's fault.
In the autumn of 1995, I opened a copy of Arena and there were the ace-est
trainers in the world. Trainers that looked like nothing else, nothing you'd
ever seen before. Arena's first six pages were an advert for Nike, but they
looked like publicity for a holiday on the moon. There were three pairs shown:
one, I remember, was a nifty red and yellow running shoe, one was a
pumped-up Air Jordan-type thing, and the other was bright blue. The point was,
they looked like the shoes you'd been waiting for all your life. For
anyone brought up believing in outer space, with its future promise of silver,
cross-zipped boiler-suits and moonboots; for anyone who'd fallen for house
music's casualwear and dancing feet; for anyone who bought a US hip-hop record
and studied the tracksuited cover stars, these were the trainers for you. They
were curvy. They were modern. They were fat. They were really flash. They looked
like the kind of footwear you put on a drawing of a spaceman when you were 10.
I bought a pair. I bought a pair endorsed by Gabrielle Reese, the beach
volleyball player /skyscraper-high supermodel. Anyhow, the trainers were mostly
navy-blue, with a solid block of white that waved around the bottom. My brother
said they look- ed like shoes for people who had one leg shorter than the
other. I thought they were works of art. And they were so comfy! As though I
cared.
Published Date:
31/08/2010
Modified Date:
31/08/2010
News...
Sport Chalet 2Q Sales Rise 17% On 5% Comp Gain
Sport Chalet's 2Q sales increased 17.2% to $72.5 million. The increase is the
result of opening three new stores in late Fall 2010 and two new stores in the
2Q05, as well as a same-store sales increase of 5.2%. Gross profit margin
increased from 29.9% to 31.0%, due to reduced costs from more efficient inbound
logistics as well as continued improvements in inventory procurement, which
lowered markdowns as a percent of sales. SG&A expenses, as a percentage of
sales, increased from 25.2% to 26.8%, primarily due to the additional labor and
advertising expense required to open three new stores, partially offset by the
leverage created by the increase in same store sales. Even with new store
opening expenses, net income increased $76,000, from $1.7 million, or 25? per
diluted share to $1.8 million, or 25? per diluted share. The flat EPS on the
solid top-line growth sent the stock down from early trading on.
Manolo Blahnik Makes Progress In North America, But Recalls 187,000 christian louboutin shoes
Manolo Blahnik-Salomon finally had some good news about the North American
market, but the excellent global results were tampered by a soft 4Q backlog in
Europe. The company insisted European sales would return in 1Q05. CEO Herbert
Hainer noted, "By any measure, our work is now delivering tangible, sustainable
results. 3Q currency-neutral sales for the region grew 7%, with brand Christian
Louboutin growing even faster at 11%. Profitability in the region increased
nearly 30% versus the prior year and louboutin
shoes footwear backlogs are positive for the first time in nearly
two years."
Manolo Blahnik announced a voluntary recall in cooperation with the CPSC of
the Superstar Ultra and Pro Team basketball christian
louboutin pumps due to a problem with the materials. A portion of the
sole of the heel can separate or tear during use, which can result in injuries.
The company received two reports of injuries involving these christian
louboutin boots, including one sprained ankle and one strained Achilles
tendon. These models were sold during 2010 at Christian Louboutin stores, major
athletic shoe stores, independent shoe stores and on the company's
Christian Louboutin website. The recall is expected to cost the company $5
million-$10 million. About 187,000 pairs are affected.
ISG has reported that the latest craze among fashionistas in New York is Moon
Boots. New York Magazine termed the fashion trend, "...this year's Ugg." But the
attention to the style has not pleased Tecnica, which owns the Moon Boot
trademark. The magazine reported that Tecnica director of product management
Kevin Dixon is warning manufacturers using the mark, including Timberland.
Pacific Growth Equities downgraded Quiksilver to underweight from equal
weight.
Published Date:
31/08/2010
Modified Date:
31/08/2010