Executive Changes
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Golden Goose’s revenues rise 11% in Q1
Golden Goose said that in the first quarter of 2024 revenues rose by 11 percent year-over-year on a reported basis and by 12 percent at constant exchange rates, while “maintaining strong margins.” Revenues of the direct-to-consumer channel grew by a reported 18 percent and 20 percent at constant exchange rates, ...
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Crocs names a new head for Heydude
Crocs has appointed Terence Reilly as the executive vice president and president for Heydude, as the brand expands its retail business and its European presence. Reilly will join the group’s executive leadership team on April 29 and will report directly to Andrew Rees, the chief executive officer of Crocs, Inc. ...
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Dr. Martens shares get a kicking as CEO quits after fifth profits warning
Dr. Martens’ shares slumped by more than a third to record lows and trading in the stock was briefly suspended in London as the UK bootmaker said that its chief executive, Kenny Wilson, would step down after issuing a fifth profit warning in three years amid continuing woes in its ...
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Gabor’s sales are steady
The German shoe manufacturer Gabor Shoes reported steady sales in the fiscal year 2023 after a sharp rebound in 2022 and announced a management reorganization. The company, based in Rosenheim, in Upper Bavaria, said that total sales of all brands including licenses reached €322 million last year, less than 1 ...
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Allbirds names a new CEO as losses continue to grow
Allbirds appointed its chief operating officer, Joe Vernachio, as its new CEO and member of the board of directors, effective March 15. He succeeds Joey Zwillinger, the co-founder and CEO, who will continue to serve as a member of the board and as a special advisor to the company. With ...
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Giovanna Ceolini confirmed president of Assocalzaturifici
On March 7, the general assembly of Assocalzaturifici confirmed Giovanna Ceolini as the president of the Italian association of footwear manufacturers until June 2027. Her mandate will focus on sustainability, digitalization, innovation, the promotion of local production, the so-called Made in Italy, enhancing the role of subcontractors and developing training, ...
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VF to extend its board in agreement with Engaged Capital
VF Corporation has appointed Caroline Brown to its board in agreement with its shareholder Engaged Capital. The activist investor has been pushing for an aggressive turnaround for the US apparel and footwear company. ”This appointment follows constructive engagement with VF’s shareholders, including Engaged Capital, LLC. VF also intends to ...
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H&M appoints a new CEO
The board of H&M Hennes & Mauritz has appointed Daniel Ervér, responsible for the H&M brand, as the new president and CEO of the Swedish fashion retailer, with immediate effect. He succeeds Helena Helmersson, who has decided to step down as CEO and leave the group. Ervér, born in 1981, ...
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Boohoo’s CFO quits with immediate effect
Boohoo’s chief financial officer Shaun McCabe has left the British fast-fashion online retailer with immediate effect and has been replaced by Stephen Morana, a former non-executive director of the company. The Manchester-based business, which owns the brands Karen Millen, PrettyLittleThing and Dorothy Perkins, said that McCabe had left the firm ...
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Luís Onofre re-elected at the helm of Apiccaps
Luís Onofre was re-elected president of Apiccaps, the Portuguese association of footwear, components and leather goods manufacturers, for a new three-year term. Joaquim Moreira will chair the association’s general meeting and Domingos Ferreira the supervisory board. In a statement, Onofre said that “it should be recognized that in recent years, ...
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Genesco appoints a new chief merchandising officer for Journeys
Genesco appointed Chris Santaella as executive vice president and chief merchandising officer of the Journeys Group, effective Feb. 5. He replaces Pete Hicks, who retired in October 2023, and will report to Andy Gray, Journeys’ president. “An accomplished and diversified global merchant, Santaella will lead Journeys’ buying, merchandising, planning and ...
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Lanvin Group appoints a new CEO
Lanvin Group said that Joann Cheng, the founding chairman and chief executive officer of the Chinese luxury goods firm, informed the board that she has decided to step down from her roles to pursue new endeavours outside the group. Consequently, the board has appointed Huang Zhen as the new chairman ...
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CEC elects Rosana Perán as president
The general assembly of the European Footwear Confederation (CEC) held on Dec. 1 in Elche, Spain, elected Rosana Perán, as its president for the next two years. She is the first woman to head CEC and succeeds Luis Onofre, president of the Portuguese footwear association, Apiccaps. Perán is president of ...
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Genesco appoints a new head for Journeys
Genesco has appointed Andy Gray as the new president of the Journeys Group, effective Jan. 3, 2024. He succeeds Mario Gallione, whose planned retirement was announced in August. Source: Business Wire Andy Gray “In this role, Gray will drive strategic growth for the company’s largest business, building ...
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Dr. Martens names a chief brand officer and a CFO
Dr. Martens has appointed Ije Nwokorie for the new role of chief brand officer from Feb. 1. The company also announced that Giles Wilson will be its new chief financial officer, also scheduled to start in 2024. The actual date still has to be confirmed. Nwokorie will cease to ...
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Manitobah appoints a new CEO
Manitobah, an Indigenous-rooted footwear brand known for its Manitobah mukluks and founded in Winnipeg in 1997 by Sean McCormick, has appointed a new senior management. Carolyn MacNaughton will assume the role of chief executive officer, Tom Hildrum will step into the position of chief financial officer and Mike Wodtke has ...
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Birkenstock appoints a managing director for Greater China
Birkenstock has appointed Tiffany Wu to the newly created position of managing director for Greater China, effective Nov. 1. She reports to Klaus Baumann, the group’s chief sales officer. The German footwear manufacturer said that it currently operates “a rapidly growing e-commerce business in China, which will be supplemented by ...
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VF drops guidance, launches turnaround plan
Admitting its U.S. business “isn’t working well” and its cost structure is too high, VF Corp. reported its second-quarter results with a comprehensive plan to turn around its flagging businesses under CEO Bracken Darrell, who joined the group in late July. Key elements of the strategy focus on fixing its ...
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Deichmann names a new head of brand & licensing and ends the Onygo brand
The German shoe retailer Deichmann has appointed Dražen Pehar as its new head of brand & licensing, succeeding Jürgen Achenbach, who left the company in May to pursue a new role. Pehar, who has been working for the company since September, will be responsible for marketing activities for the ...
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Authentic Brands Group takes over Rockport
Authentic Brands Group (ABG) is taking over the troubled U.S. footwear firm The Rockport Company, following a decision by the United States Bankruptcy Court for the District of Delaware, and will rely on Marc Fisher Footwear to develop the brand in the United States. Further partnerships for Rockport are expected ...