All G-Star RAW articles
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News briefs
Lotto in a license agreement for Germany and Poland with Fashioncenter
WHP Global, a U.S. brand management company and owner of the Lotto label, has signed a long-term license agreement for the brand with Norderstedt-based Fashioncenter. A subsidiary of the Schmidt Group, Fashioncenter was recently entrusted with the license for the Kappa brand for 25 years and is now taking over ...
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ArticleNice Footwear FY sales up 43.1%
In the full year ended on April 30, 2023, Nice Footwear posted sales of €46.9 million, up by 43.1 percent from a year earlier, while net profits surged by 122.7 percent to €2.8 million, beating the company’s own expectations. The Ebitda of the Italian footwear company rose by 75.0 percent ...
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News briefs
WHP buys majority stake in G-Star RAW
WHP Global, an American brand management firm, will acquire a majority interest in the denim brand G-Star RAW. No financial details were released. Under the terms of the agreement, the existing G-Star shareholders, including founder Jos van Tilburg, will retain a stake in the brand. The current management team of ...
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ArticleNice Footwear improves profitability despite revenue decline
In the full year that ended April 30, 2021, Nice Footwear increased earnings before interest, tax, depreciation and amortization (Ebitda) to €2.364 million from €1.781 million a year earlier despite a decline in revenues to €21.144 million from €24.270 million over the period due to the impact of the Covid-19 ...
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News briefs
UFG obtains G-Star RAW license
The Dutch company Unlimited Footwear Group (UFG), through its Brands-360 subsidiary, has obtained the license to produce adult footwear under the name of the jeans manufacturer G-Star RAW . Brands-360, which is responsible for licenses, will oversee the design, production, sales and marketing of the brand from the ...
