All Distribution articles – Page 8
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ArticleGerman industry association fears new wave of insolvencies due to Covid aid repayments
Germany’s textile, shoes and leather goods trade association BTE warned of a new wave of insolvencies and closures, as fashion and footwear retailers continue to struggle with the fallout from the coronavirus pandemic while possible repayments of pandemic state aid loom, adding to the already challenging conditions. According to ...
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ArticleA weak ruble pushes up footwear prices in Russia
Russian footwear retailers anticipate prices to soar in the next few months following the weakening of the national currency. The Russian ruble has dropped by nearly 30 percent this year against the U.S. dollar as a result of a collapse in export revenues and growing budget spending, making it one ...
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ArticleFitFlop picks Bleckmann as its logistics partner
The London-based footwear company FitFlop selected Bleckmann as its partner to provide omnichannel logistics for its clients in the U.K. and in the European Union. The five-year agreement is designed to support FitFlop’s “rapid growth in its home market while providing scope for streamline expansion across the EU,” according ...
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News briefs
ACI International extends its licensing agreement with Perry Ellis International
ACI International, a manufacturer and marketer of footwear in the U.S. and Canada, has extended its license agreement with Perry Ellis International (PEI) to include a men and boys’ footwear line under the Original Penguin brand. The agreement marks the continuation of PEI’s 16-year relationship with ACI, which currently produces ...
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ArticleBirkenstock valued up to $9.2bn in IPO
Birkenstock has set a value of up to $9.2 billion at the top end of the price range for its initial public offering (IPO), or more than seven times its annual sales. Birkenstock Holding Limited, which is registered in Jersey and has its headquarters in London, has filed for an ...
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ArticleHow a Malaysian shoemaker is hedging the China risk and trying to expand in the U.S. and Europe
Sweetkiss Shoes Footwear Co., a Malaysian incorporated footwear group known for its Dr Shooz brand, launched a new factory in Ho Chi Minh City, Vietnam, in July 2023 to supplement its Chinese facility, which is located in Guangzhou and has been operational since November 2012. Source: Sweetkiss Shoes ...
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ArticleBirkenstock applies for NYSE listing
Birkenstock Holding, which is registered in Jersey and has its headquarters in London, filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company plans to list ordinary shares on the New York Stock Exchange under the ticker BIRK. No details were released regarding ...
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News briefs
HanesBrands and G-III announce licensing agreement for Champion, C9 Champion outerwear
HanesBrands and G-III Apparel Group have entered into a strategic, multi-year licensing agreement for the design, production and distribution of outerwear for the Champion and C9 Champion brands in North America, which includes exploring opportunities in Champion’s global network as a key partner. More in Sporting Goods Intelligence Europe.
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News briefs
In-Sport Fashions signs distribution deal with Allbirds for Canada
Québec-based In-Sport Fashions, a Canadian distributor of specialized lifestyle, sports and outdoor products, entered an exclusive partnership with the sustainable footwear brand Allbirds. Effective Sept. 15, 2023, In-Sport Fashions assumes distribution of Allbirds products across all Canadian distribution channels: retail, allbirds.ca and wholesale partner openings.
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ArticleRussian footwear retailer Kotofey speeds up expansion program
Kotofey, one of the leaders in Russia’s children and teenager footwear market, has unveiled plans to add 50 doors to its retail network in 2024, on top of 40 planned openings this year. The need to replace foreign brands, which exited the Russian market after the country invaded Ukraine on ...
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News briefs
Psudo launches a new style in partnership with Blumaka
The Los Angeles-based sneaker brand Psudo said that it is launching its latest style, Psudo blu in partnership with Blumaka, a shoe and insole manufacturer allowing brands to develop foam parts that have up to 85 percent recycled content. Psudo blu sneakers will be produced at Blumaka’s solar-powered factory in ...
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News briefs
Frankie4 expands its presence in North America
Two years after launching its U.S. e-commerce platform, Frankie4, is expanding its presence in North America thanks to wholesale partnerships and the opening of a flagship store. The Australian women’s footwear brand rolled out in August wholesale partnerships with Nordstrom and J.Jill. In September, it will be opening a 1,300-square-foot ...
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ArticleC-Suite interview: Pablosky ready to leave the beaten track to explore new markets
Even though Spain remains its main market, Pablosky, a Spanish company specialized in children’s shoes, has been very active over the past decades at developing its international reach. And in doing so, it often abandoned the beaten track to explore new geographies. The company, which was founded in 1969, first ...
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ArticleU.S. footwear imports to plunge in 2023 due to bloated inventories
U.S. footwear imports are likely to plummet to below 2.0 billion pairs this year after a nearly 30 percent growth in 2022 to nearly 2.75 billion pairs, according to data from the U.S. International Trade Commission and a forecast from the The Footwear Distributors & Retailers of America (FDRA). Correspondingly, ...
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News briefs
Vince Camuto launches Fly365
Vince Camuto, a division of Camuto Group which is part of Designer Brands, launched the men’s franchise Fly365. The collection currently has two models, the sneakers Talmai and Tayden, but is expected to extend its offering in the autumn and next spring. The shoes retail at $169 a pair. Fly365 ...
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ArticleC-Suite interview: Autry’s owner looks to cash in on success as it puts the brand up for sale
The owner of the fast-growing sneakers brand Autry is looking to cash in on its success with a sale to a new investor. The private equity Made in Italy Fund, managed by the Italian asset management company Quadrivio and the fashion consultancy Pambianco, acquired a controlling stake in Autry along ...
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ArticleWhite Mountain expands into footwear for girls
The U.S. footwear brand White Mountain is expanding into footwear for girls. The brand noted that following its acquisition by American Exchange Group in January 2023, it “has quickly ventured into several exciting and diverse product categories, marking a significant departure from their exclusive focus on women’s footwear for the ...
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ArticleIndia to introduce new quality standards for footwear from July 1
The Indian government has decided to go ahead with plans to introduce from July 1 new mandatory quality standards for footwear. However, companies with annual revenues of less than 500 million rupee will only have to adapt from Jan. 1, 2024, while shoemakers with annual sales of less than INR ...
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ArticleRockport files for bankruptcy again
Forty years after introducing DresSports, considered the first classic dress shoe with a rubber sole, The Rockport Company filed for Chapter 11 bankruptcy protection on June 15 for the second time in five years. The petition lists some $99.71 million in funded debt obligations and more than $63.1 million ...
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News briefsAldo in partnership with Brooks Brothers
Authentic Brands Group (ABG) and the Aldo Group entered into a partnership to launch an expanded assortment of men’s footwear and small leather goods for Brooks Brothers, which is part of ABG’s portfolio. Brooks Brothers’ new men’s collections will launch in stores in February 2024 and will be distributed ...
