Latest Headlines
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ArticleEmerging designer: CB Made in Italy seeks slow and steady growth
While their store in Via Santo Spirito in Florence may just be a mere 40 square metres (430 square feet), CB Made in Italy is brimming with ideas and plans for the future. The brainchild of Cecilia Bringheli and Sibilla De Vuono, CB Made in Italy offers a limited number ...
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ArticleEU and Mercosur conclude free trade agreement talks
After 25 years of negotiations, the European Union and Mercosur countries have concluded talks on a free trade agreement, according to Ursula von der Leyen, the President of the European Commission. ”We have concluded the negotiations for the EU-Mercosur agreement. It marks the beginning of a new story. I now ...
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ArticleFuture Fashion winds down DIS
The Italian footwear brand DIS will stop operating on Dec. 31, 2024 after its parent company Future Fashion decided to close down the loss-making business. Created in June 2015, DIS, which stands for Design Italian Shoes, offered customized footwear through online sales or dedicated corners in third party stores. DIS ...
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Cirql unveils a new biodegradable midsole technology
At ISPO Munich 2024, held from Dec. 3 to 5, Cirql, the subsidiary of OrthoLite, unveiled its latest material innovation: Cirql Zero, an industrially compostable and biodegradable foam designed for midsole components. Alongside its recyclable Cirql rTPU30 midsole, Cirql is providing footwear brands with comprehensive solutions that address the entire ...
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ArticleOtto Group changes legal status
The German mail order company Otto, owner of the Freemans, About You, Bonprix and Evri businesses, among others, is preparing to change its legal form and streamline its corporate structure as a generational handover gets underway. “In the course of the forthcoming generational change at the helm of the Otto ...
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ArticleGerman companies face unprecedented supply chain challenges
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China. These were the findings of a survey conducted from Sept. 18 to Oct. 25 by four ...
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ArticleC-Suite interview: BFShow to grow with the Brazilian footwear industry
Haroldo Ferreira, the president of Brazilian footwear association Abicalçados, expects BFShow to grow in lockstep with the Brazilian footwear industry and believes that a free trade agreement between the European Union and Mercosur will also be beneficial to European shoemakers. BFShow is the trade show promoted by Abicalçados in partnership ...
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ArticleDr. Martens sees early signs of recovery in US as new products sell well
Dr. Martens reported signs of “encouraging” trading since the start of the autumn/winter season, with new products selling well in the US, despite the troubled footwear maker swinging to a loss for the half year on weak demand across all regions. The outgoing Chief Executive, Kenny Wilson, said the company ...
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ArticleFrench parliament opposes EU-Mercosur deal
The French senate and the lower house of Parliament, the Chamber of Deputies, have rejected a tentative free trade agreement negotiated by the European Commission and Mercosur. On Nov. 27, 338 senators out of 348 voted against the draft agreement. The day before, 484 members of the lower house approved ...
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ArticleMount to Coast and BASF collaborate to produce a midsole
Mount to Coast, a Hong Kong brand specializing in ultrarunning and long-distance shoes, entered a partnership with BASF to explore high-performance, sustainable solutions for runners. CircleCELL, a midsole, is the first footwear technology produced by the collaboration. Based on BASF’s new biopolymer ecoflex BMB, the midsole is 90 percent more ...
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ArticleShoe Carnival accelerates store rebranding as hurricanes, warm weather hurt Q3 sales
Shoe Carnival is accelerating with plans to rebrand some of its Shoe Carnival stores into the higher-priced Shoe Station banner, after the success of an initial 10 stores that have made the switch. The company said it is expanding its store rebranding strategy to an additional 25 stores in the ...
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ArticleC-Suite interview: Floredeasoka targets the US bridal market
Floredeasoka, a fast growing Spanish startup that produces bridal shoes, is considering raising funds to finance its internationalization with a focus on the US market. Flordeasoka was created in 2018 by Tita Guerrero and two of her four daughters, Elena and Inés Bonet, and currently produces 20,000 pairs of shoes ...
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ArticleBoohoo appoints a new chairman
Boohoo’s Co-Founder Mahmud Kamani has been shifted from his role as Chairman to become Executive Vice Chair, with a board member, Tim Morris, appointed as independent Chairman amid ongoing calls from Frasers Group, a major shareholder in the British online fast fashion retailer, to have Kamani removed completely. In his ...
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ArticleGolden Goose’s adjusted Ebit rises 8%
In the first nine months of 2024, Golden Goose’s adjusted Ebitda rose by 11 percent to €163 million, resulting in an Ebitda margin of 35.0 percent against 34.9 percent a year earlier. Meanwhile, adjusted Ebit was up by 8 percent to €118.5 million. The premium Italian sneaker brand reiterated that ...
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ArticleFast growth in footwear operations helps drive sales at Coats
Coats expects full-year results to be in line with expectations and forecasts an operating margin of around 18 percent, driven by strong sales growth in its footwear and apparel operations. Sales growth for the British group, which produces industrial threads and components for footwear, improved to 11 percent at constant ...
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ArticleRussia’s footwear imports are declining
During the first nine months of 2024, Russia imported 261.6 million pairs of shoes, 11.2 percent less than the previous year, according to the Russian Center for Prospective Technologies, a government agency monitoring the retail industry. In the third quarter of 2024, the agency stated that imports were 9.7 percent ...
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ArticleAndreas Wortmann becomes AstorMueller's CEO
The Swiss shoe manufacturer AstorMueller has appointed Andreas Wortmann as its new Chief Executive Officer. He takes the job over from the company’s owner, Tim T. Müller, who will continue to “guide” the company as Chairman. Wortmann joins the company from Ara AG, where he served as CEO from 2018 ...
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ArticleCEC and Abicalçados call for a swift conclusion of EU-Mercosur free trade talks
CEC, the European footwear confederation, and Abicalçados, which represents Brazilian shoemakers, are among the 78 business associations representing a diverse array of industries from the European Union (EU) and Mercosur asking their governments to rapidly conclude negotiations for a free trade agreement between the two economic blocks. Mercosur was established ...
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ArticleAzzas 2154 sees modest growth in footwear sales in Q3
Azzas 2154, the Brazilian company formed earlier this year from the merger of Arezzo & Co and the apparel company Grupo Soma, reported modest growth in its footwear and accessories business in the third quarter of 2024, as solid growth in its direct-to-consumer (DTC) business was largely offset by lower ...
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ArticleBFShow doubles its attendance in a year
BFShow, the trade show promoted by the Brazilian footwear association Abicalçados in partnership with NürnbergMesse Brasil, attracted more than 10,400 visitors during its third edition, held in São Paulo from Nov. 11 to 13. The attendance was double that of its inaugural edition held in November 2023. The organizers had ...
