Preview

Marche shoe district

Good Essays
Open Document
Open Document
976 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marche shoe district
Supply chain internationalisation in the Marche shoe district

The national Association of Italian Footwear Manufacturers (ANCI) explains ”The success of the footwear sector in Italy is linked to an enterprising spirit and to the structure of the sector. The structure is a ”web” of raw material suppliers, tanneries, components, accessories, machinery manufacturers, model makers and designers. This has resulted in a territorial concentration of firms and the formation of shoe manufacturing districts such as Marche, Tuscany, Venetia and Lombardy. The leading position of the Italian shoe industry is due to superior product quality and high levels of innovation”. The Marche shoe district is the largest concentration of producers of shoes and accessories in Europe. There are more than 3000 shoe firms, almost 500 shoe components firms and more than 100 leather firms employing almost 50 000 workers, with combined sales of over €3 billion. The district is export-oriented, with more than 75 % of production going abroad – mainly to Germany, the USA, Russia and increasingly to Asia, including China. District firms are mostly small family business with fewer than 20 employees, but there are also a few larger firms with internationally recognised brands. The district leader, Della Valle Group, produces high-quality shoes and bags, matching a classic style design with comfort and a sporty look. Traded on the Milan Stock Exchange, it has sales of €570 million, and has developed strong international brands – such as Tod’s, Hogan and Fay, plus a growing network of directly owned stores. Leading positions in specific market niches are occupied by Fornari (focused on trendy female teenager shoes with its brand Fornarina) by Falc (specialising in children’s top-quality handmade shoes with prices up to €1500). Top fashion firms such as Prada, Dolce & Gabanna and Hugo Boss have signed licensing agreements with Macerata district firms for the production of their shoe collections.

You May Also Find These Documents Helpful

  • Powerful Essays

    Adidas Industry Analysis

    • 964 Words
    • 4 Pages

    The global footwear market is a growing market with an increase in consumer demand based on globally increasing consumer incomes. The sports footwear market is significantly characterized by the high speed of innovation, which forces the companies to invest more in development initiatives. At the same time the companies are trying to reduce costs through decreasing supplier prices in order to stay competitive. Looking forward, the footwear market is expected to steadily keep growing.…

    • 964 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Vertical Value Chain

    • 412 Words
    • 2 Pages

    Unlike many other shoe companies, ECCO had a vertical value chain, in that they controlled the product from the cow hide to the completed shoe. As noted in the text, ECCO would buy raw materials for use in their various tanneries and production sites. As the one of the world’s five top producers, ECCO also sold leather to the auto and furniture industries (Bartlett & Beamish, 2014).…

    • 412 Words
    • 2 Pages
    Good Essays
  • Better Essays

    JGT2 ALL

    • 10845 Words
    • 44 Pages

    production of footwear as it allows for the relationship between our best personnel and machine utilization for…

    • 10845 Words
    • 44 Pages
    Better Essays
  • Good Essays

    Shoe Zoo

    • 1126 Words
    • 3 Pages

    1. A roll forward is an important test in relation to year-end balance of gross PPE. It is necessary for the auditor to have assurance about the amount on the year-end 2011 balance sheet. However, a majority of the dollar amounts on the balance sheet should have been tested in the previous year. Roll forward allows the auditor to asses any activity since the last recording on the balance sheet. The mathematical accuracy is crucial because if the numbers are off, the auditor could be tested additions and/or disposals information that is not right. The beginning balance after the roll forward must equal the amount from the audited balance from the previous year, and these must also agree to the lead sheet. This is because these are the amounts that will be reported on the financial statements and must be correct.…

    • 1126 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The current manufacturing practices of the sneaker industry, in particular companies such as Nike, Reebok, Adidas, Converse, and New Balance, takes place throughout the globe. With the industry experiencing severe competition, and the product requiring intensive labour, firms are facing extreme pressure to increase their profit margins through their sourcing practices. The following paper will analyse the sneaker industry, while examining the multitude of viable manufacturing options, and critiquing their current manufacturing structure.…

    • 1737 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Sneaker Palace

    • 638 Words
    • 3 Pages

    My store will give the community a chance to get all the sneakers they may want and need. Here at the Sneaker Palace, we will provide all types of brand name shoes, such as; Nikes, Adidas, Jordan’s, Puma’s, Reebok, and Timberland boots, with a couple other brands as well. We will also have other items as well, like hats and some athletic gear, t-shirts, and hoodies. We want to provide the community with a good place to shop and as well give the great service, in which they will feel comfortable with our working crew and enjoy our presence and service.…

    • 638 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    To properly review the manufacturing in the footwear industry, it is necessary to first gain an understanding of the dominant leaders in the marketplace. The industry is currently experiencing hypercompetition, led by six main firms – Nike, Reebok, Adidas, Fila, Converse, and New Balance (see exhibit 1), with nearly $7 billion in revenues domestically. Nike is the industry leader, with a 47% market share, followed by Reebok, a distant second at 16%, and Adidas at 6% (see exhibit 2). This category is facing decreasing demand and the rising popularity of alternative footwear, resulting in more pressure than ever before to achieve high gross margins through effective global sourcing practices.…

    • 1744 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Farris Footwear Inc. established in 1980 in Los Angeles, CA is a vast import-send out footwear company. Their Warehoue and Headquarters office are located in California with travel distribution centers in Houston, TX and New Jersey. The organization is hoping to expand their market into a premium business sector with trusts this movement will increase the company's revenues. Most the Farris' products are briught from the People's Republic of China, Indonesia, Vietnam, Italy and Brazil. As a rule the imports are limb under free-on-board (FOB) terms of exchange, Giving Farris full rensponsibility of insuring the goods, rather than the venders and shipped overseas. During top seasons between October to February imports can reach up to $1 million.…

    • 823 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Mercury Athletic Case

    • 1442 Words
    • 6 Pages

    The footwear industry is highly competitive industry with fairly stable profit margins. Active Gear is a profitable firm in the industry; however Active Gear is a smaller firm than many other competitors and its small size is becoming a competitive disadvantage. The rise of large retailers has also endangered Active Gear’s growth.…

    • 1442 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Mercury Athletic Footwear

    • 3569 Words
    • 15 Pages

    Active Gear, Inc. (AGI) is a privately held footwear company and is contemplating the possibility of acquiring Mercury Athletic Footwear. West Coast Fashions Inc., a large designer and marketer of men’s and women’s branded apparel recently announced that it plans to shed its Mercury Athletic Footwear subsidiary. AGI’s head of business development, John Liedtke, believes acquiring Mercury Athletic Footwear is a good option for the company. Although AGI is currently among the most profitable firms in the footwear industry, it is also much smaller than most of its competitors, which the company’s management views as a competitive disadvantage. During the past three years AGI’s revenue has grown at an average annual rate of only 2.2% while the industry average is about 9.7%. Liedtke believes that acquiring Mercury Athletic Footwear would double AGI’s revenue, increase its leverage with contract manufactures, and expand AGI’s presence in relators and distributers. Before acquiring Mercury Athletic Footwear, Liedtke wants a complete evaluation of the opportunity.…

    • 3569 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Italian Shoe Company

    • 2633 Words
    • 11 Pages

    The Italian Shoe Company is a New York, family owned company now in its sixth generation. The company started in 1823 making shoes for men and women based on designs that were popular in the growing Italian community of New York. In the early years, it struggled to survive. But over the years, particularly from the start of the twentieth century, it has prospered. The sixth generation owner -Adamo Pedone- is a very wealthy person. Currently, the company produces over 30 different types of men and women shoes, mostly in the upper market segments (i.e. starting at $ 400 a pair). Rising sales revenues have brought in a lot of money to the company, which is steadily being invested into increasing numbers of specialized line personnel and managerial staff. Adamo, who is known as "Shoe Lord " by his employees, has finally added an HR specialist (you) to help with personnel and organizational behavior issues. He has asked you to help with what he feels is a problem of worker morale in the operations division. Mark Whitehall, VP of operations, has complained to Adamo that most of his workers have bad attitudes and don't seem to want to work. He says he's prepared to fire them all if they don't shape up. Mark has informed Adamo of his intentions, and believes he (Adamo) needs to "clean house" to show them who's boss. Besides, he thinks a lot of them have become complacent and don't care about quality. Mark also pays little attention to the mid-level managers' opinions stating that, "I'm ultimately responsible, so I'll make the decisions." Adamo knows that Mark can be heavy-handed in his management style and that he believes workers come to work either motivated or not. Mark has told him "there's nothing you can do to make them work if they don't want to." Knowing everything about shoes, but little about people, Adamo isn't sure whether it's the workers or Mark that's creating the problem. He wants to know that if it is Mark, can he be…

    • 2633 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The footwear industry is mature, highly competitive with low growth but stable profit margins. Active Gear Inc. was among the most profitable firms in the footwear industry. Currently, pressure from suppliers and competitors caused some deterioration of basic performance for AGI during 2004–2006. There are two main problems. One is that AGI is smaller than other competitors, which is becoming a competitive disadvantage. Another is that the rise of “big box” retailers threatened AGI’s growth. One of…

    • 1280 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Athletic Shoes Industry

    • 4598 Words
    • 19 Pages

    This report is an analysis of the athletic shoes industry on both a global and U.S. market. This report is to analyze the external and internal issues facing this athletic shoes industry, and the companies that operate within it. This analysis includes a comparison of Nike, Inc. and Adidas AG who are footwear manufacturers in the world. However, Nike spent thirty years developing from the challenger position change to the challenged from Adidas. Rivalry among business firms grew more intense as the economy develops. This report will compare competitive advantages and distinctive competencies between two companies, and conclude with some challenges for future research. Understanding the key in athletic shoes industry will help them to find the right capabilities and strategies useful to overcome economic challenges, take advantage of opportunities, and become great successful in the future.…

    • 4598 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Marikina Shoe Industry

    • 1122 Words
    • 6 Pages

    The famous collection of shoes of many famous artist, celebrities, persons, world leaders, past presidents and the former first Lady Imelda Marcos were there. The City of Marikina was also known for the most disciplined in the Philippines. The city of Marikina is one of the most progressive cities in the Philippines because of their industry and etc.…

    • 1122 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Mercury Case

    • 522 Words
    • 3 Pages

    Footwear was a mature, highly competitive industry marked by low growth, but fairly stable margins. However, the individual firms could be quite volatile.…

    • 522 Words
    • 3 Pages
    Good Essays