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The insolvent women’s shoe manufacturer Peter Kaiser is being partially taken over. The managing director, Stefan Frank, and the investors Hans-Joachim and Gisela Sander, from the founding family of the Darmstadt-based hair care giant Wella Group, have agreed to buy the brand and other assets of Peter Kaiser Schuhfabrik GmbH ...
The Spanish footwear association Fice and the local trade agency, Icex, have launched the second edition of the program Global Through Innovation, aimed at promoting innovation and the digitalization of the footwear industry. The initiative is scheduled to start in April and candidates must send their applications by March 12.
Farfetch posted its first quarterly positive adjusted operating profit, but its net losses increased dramatically due to some $2.1 billion in non-cash adjustments. The company expects to finish 2021 with an adjusted operating profit.
The British fast-fashion retailer Boohoo has been again forced to defend supplier practices after a report said it faces a potential U.S. import ban due to slave labor allegations.
Steve Madden returned to a profit in the fourth quarter as its results improve after the slump caused by the Covid-19 pandemic.
The German retail cooperatives ANWR and Sabu are continuing to support their members by engaging in initiatives to underpin their liquidity as the coronavirus crisis drags on.
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