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News briefs
EU scales back corporate sustainability rules
EU lawmakers reached a political agreement on Dec 9 to significantly scale back corporate sustainability and due diligence obligations under the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). The deal was concluded during a trilogue between the European Commission, Parliament and Council. According to ...
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News briefsOrthoLite hires a Country Manager for Indonesia
OrthoLite has hired Marco Grott to serve as Country Manager for Indonesia, which COO Richard Bevan calls a “critical market” for the company. Grott will be handling overall operations and business strategy and helping OrthoLite to expand its local-for-local manufacturing. Grott began his career in the early 1990s, spending three ...
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News briefs
Sabu promotes Lisa Weinrank to Head of Marketing & Consumer Experience
The German shoe retail cooperative Sabu has appointed Lisa Weinrank as its new Head of Marketing and Consumer Experience, effective Dec. 1, according to a statement. The marketing expert succeeds Albrecht Kersten, who had been appointed to the role in December 2024. Weinrank, 34, joined the Heilbronn-based retail group in ...
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News briefs
Skechers President Michael Greenberg enters the Footwear News Hall of Fame
Skechers’s co-founder and President, Michael Greenberg, has been inducted into the Footwear News 2025 Hall of Fame. “Honoring his indelible imprint on the footwear industry, the accolade recognizes Greenberg’s many achievements, including his global retail vision which now encompasses 5,300 Skechers stores—key to the brand’s position as the world’s third-largest ...
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News briefs
Toms hires a new Chief Commercial Officer
Toms has hired Katie Wagner, a former Crocs and Heydude executive as its Chief Commercial Officer. She will oversee the brand’s global sales channels, including wholesale sales and operations, e-commerce and marketplaces. “Katie is unrivaled in building commercial relationships, laying a strong strategic foundation for sales and bringing ...
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News briefs
Alohas opens a store in Copenhagen
The Spanish footwear and clothing brand Alohas has opened a store in Copenhagen as it continues its international expansion. In 2024, the brand launched stores in Barcelona and Madrid. Alohas opened its first foreign store in Paris in September 2024, followed by openings in Milan, Amsterdam, New York and ...
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News briefs
Baffin promotes Jessica Liut to Vice President, Marketing
Baffin, a Canadian brand of high-performance footwear and apparel founded in 1979, has promoted Jessica Liut to the position of Vice President, Marketing. ”This advancement represents a deserved recognition of leadership, and a strategic reinforcement of Baffin’s ongoing focus on brand growth, market expansion, and enhanced integration across commercial teams,” ...
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News briefs
Humanoid robots seen deployed globally over the next 5 years
Humanoid robots are set to be deployed globally in commercial applications across a range of industries over the next five years, according to the Japanese investment bank Daiwa. Robots are becoming viable options in handling repetitive and simple tasks, it noted. Over the next five years, there should be a ...
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News briefs
Pantone names Cloud Dancer as 2026 color of the year
Pantone has revealed its 2026 colour of the year: Cloud Dancer, a soft white hue described as “billowy” and “balanced”. The announcement marks the first time the colour authority has selected white since it began naming annual trend-setting shades in 1999. According to the Pantone Colour Institute, Cloud Dancer represents ...
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News briefs
Decathlon to launch Kiprun in the US
Decathlon will introduce its running brand Kiprun to the US market in April 2026, with initial distribution through specialty partners such as Running Warehouse and Run Moore. Lynsey Lambert, GM of wholesale for the Americas, will oversee the rollout. The lineup will launch with three franchises: Kipride for everyday ...
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News briefs
Klarna rolls out Tap to Pay
Klarna on Dec. 3 introduced Tap to Pay, a new in-store checkout feature that allows consumers in 14 European countries to make contactless purchases directly through the Klarna app. The launch turns the app into a full NFC-enabled wallet, enabling users to pay in debit mode or set up flexible ...
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News briefs
Thirtheen brands asked to provide supply chain information to the Italian police
The Italian police visited 13 brands and asked them to provide documentation regarding their governance and the control of their supply chains as part of an investigation into alleged worker abuse at subcontractors, the Reuters news agency reported citing judicial documents. The companies concerned are Dolce & Gabbana, Versace, Prada, ...
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News briefs
HongShan Capital reportedly makes €2.5bn offer for Golden Goose
The Chinese fund HongShan Capital has made a €2.5 billion offer to buy Golden Goose, with the objective of signing a deal by Christmas, according to the Italian daily La Repubblica. If confirmed, the transaction would mark the fifth change of ownership in 12 years for the Italian sneaker ...
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News briefs
Turkish inflation falls to four-year low
In November, Turkish consumer prices rose by 31.07 percent year-over-year, against 32.87 percent in October, the lowest level in four years, according to the statistics office Tuik. Month on month, inflation stood at 0.87 percent. However, independent economists at the Inflation Research Group (ENAG) claim that official data underestimates inflation ...
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News briefs
Giseli Dias enter retail partnership with Printemps New York
Giseli Dias started an exclusive retail partnership with Printemps New York. The initiative marks a “major milestone in the brand’s international growth,” the Brazilian luxury footwear brand commented. The brand is available at Printemps New York since Dec. 2 with additional styles and seasonal activations anticipated for 2026. Founded in ...
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News briefs
Luxury goods market seen rebounding in 2026
UBS believes that the luxury goods sector could enjoy an average organic sales growth of 5 percent in 2026 thanks to creative shifts and improving demand trends. “We are entering 2026 hopeful that the worst is over,” the Swiss bank said, after a consistently cautious stance on the sector since ...
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News briefs
LVMH names a new head for its Fashion Group business
LVMH has appointed Pietro Beccari as Chair and Chief Executive Officer of LVMH Fashion Group. Beccari will replace Sidney Toledano who decided to step down after more than 30 years working with LVMH’s Chairman and CEO, Bernard Arnault. Beccari will combine his new responsibilities with those of Chair and CEO ...
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News briefs
NNormal launches a shoe take-back and recycling program
NNormal, the trail running and hiking brand founded in 2022 by Kilian Jornet and Camper, has launched Take Back Box, a free collection and recycling initiative for NNormal shoes at the end of their lifecycle. The program allows customers to return worn footwear either at selected retail locations or via ...
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News briefs
UK scraps tariff exemption for low-value goods as EU accelerates similar reforms
The UK government will abolish its £135 tariff exemption for low-value imports, a measure expected to level the playing field for domestic retailers. The EU is fast-tracking similar reforms, signaling a major shift for cross-border e-commerce and sporting goods brands. The British finance minister, Rachel Reeves, confirmed plans to scrap ...
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News briefs
Boohoo sees better FY earnings as brands return to profit
Boohoo expects an improvement in full-year earnings as its turnaround plan picked up momentum - despite a fall in sales at some of its largest brands. The British online fashion retailer forecast full-year Ebitda of £45 million (€51.38m), compared to £41.6 million last year. In fiscal 2027, Ebitda is expected ...
