Latest News Briefs

  • News briefs

    Shoe Carnival appoints a new board director

    2021-09-18T15:10:00Z

    Shoe Carnival has appointed Diane Randolph to its board of directors. With her appointment, the board of the U.S. footwear retailer is composed of seven directors, of which five are independent. From 2014 to 2020, Randolph held the position of chief information officer of U.S. beauty retailer, Ulta Beauty. Prior ...

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    ​Kick Game raises £3.5m in new funding round

    2021-09-18T15:10:00Z

    The British retailer of luxury sneakers Kick Game has obtained £3.5 million (€4.1m-$4.8m) in funds from the investment company VGC Partner, which had already made an initial investment of £2.5 million in May 2020. The funds will be used to boost the company’s online business and expand the store network ...

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    Spanish government and unions agree on minimum wage hike

    2021-09-17T15:07:00Z

    The Spanish government and trade unions have reached an agreement on a slight increase in the minimum monthly salary, which will increase by 15 euros a month to a gross 1,125 euros a month over a 12-month period. The increase is retroactive, going into effect as of Sept. 1, 2021. ...

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    ASF 4.0 shoe factory starts production in France

    2021-09-17T15:01:00Z

    One year after laying the foundation stone and despite the pandemic, the Advanced Shoe Factory 4.0 (ASF 4.0) in Ardoix, in the heart of the Auvergne-Rhône-Alpes region of France, started up its automated production facility for sports footwear on Sept. 16. ASF 4.0 is a subsidiary of textile specialist Chamatex ...

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    Adidas sneaker ties in with the newest Bond film

    2021-09-17T14:33:00Z

    Adidas will be introducing four Ultraboost sneakers for its 007 collection for the debut of the new James Bond movie, No Time to Die, which will have its global premiere in the U.K. on Sept. 30. To promote them, the German sportswear giant is organizing an augmented reality contest featuring ...

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    Some footwear factories closed in Putian due to Covid-19

    2021-09-16T15:21:00Z

    Some shoe factories have been temporarily closed in China’s footwear cluster of Putian, in the Fujian province, because of an outbreak of Covid-19, according to Footwearbiz.com. According to Business of Fashion, some of Putian’s cases could be traced back to employees of a shoe factory, of which there are believed ...

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    Wildberries workers hold a go-slow

    2021-09-16T12:06:00Z

    Some members of the staff of the Russian online retailer Wildberries have announced a go-slow against wage cuts. In a petition which reached nearly 2,500 signatories, the employees announced the start of the protest in several Russian regions. In a statement, the workers said that they work the minimum required ...

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    ASOS aims to be fully carbon neutral by 2030

    2021-09-16T12:06:00Z

    The British online fashion retailer Asos aims to be carbon neutral in its direct operations by 2025 and achieve “net zero” across its value chain by 2030. The company also plans to shift towards more circular systems, ensuring 100 percent of own-brand products and packaging are made from more sustainable ...

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    On runs to New York Stock Exchange to go public

    2021-09-16T11:56:00Z

    A hundred runners, along with the founders of On, David Allemann, Caspar Coppetti and Oliver Bernhard, and co-CEOs Martin Hoffmann and Marc Maurer ran alongside the Hudson River and over to Wall Street on the morning of Sept. 15 to ring the opening bell on the New York Stock Exchange. ...

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    Courir buys Naked Copenhagen

    2021-09-16T11:51:00Z

    Courir, the international French-based athletic footwear chain sold by Groupe Go Sport to Equistone Partners Europe at the end of 2018, is taking over Naked Copenhagen, an international online and offline retailer specializing in top-tier releases of sneakers and streetwear for young women. The price of the transaction has not ...

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    H&M Q3 sales rise 14% in local currencies

    2021-09-15T11:28:00Z

    In the third quarter ended Aug. 31, Hennes & Mauritz (H&M) posted a 9 percent increase in net sales to a provisional SEK 55.585 billion (€5.470bn-$6.470bn). In local currencies, the rise reached 14 percent, lifted by more full-price sales. Covid-19-related lockdowns and restrictions continued to hamper development, particularly in Asia, ...

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    On Holding raises IPO price to $20-22

    2021-09-15T09:54:00Z

    The parent company of On Running has informed the U.S. Securities & Exchange Commission that it has decided to raise the price of its initial public offering from a range of $18 to $20 to a range of $20 to $22. The company has also indicated that the full overallotment ...

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    Astor Mueller’s founder dies at 85

    2021-09-15T07:03:00Z

    The Swiss footwear company Astor Mueller, which holds the Bugatti and Daniel Hechter licenses for footwear, announced the passing of its founder Hans Müller. “With deep sadness, but at the same time with great gratitude for his work, Astor Mueller AG announces the death of company founder Hans Müller. He ...

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    Kennel & Schmenger’s former head passes away

    2021-09-15T07:02:00Z

    Klaus Kennel, the long-time managing director of the Pirmasens shoe manufacturer Kennel & Schmenger, died after a long illness on Sept. 12 at the age of 83. In 1961, Kennel joined the company, which had been founded by his grandfather, Fritz Kennel, in 1918. He was on the management board ...

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    Amazon hires 125,000 people in the U.S.

    2021-09-14T15:24:00Z

    The US online retailer Amazon plans 125,000 local hires throughout the U.S., on top of the 40,000 corporate and technology jobs announced earlier this month. The roles in fulfillment and transportation offer an average starting wage of more than $18 per hour, reaching up to $22.50 per hour in some ...

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    Sam Edelman debuts in kids’ footwear

    2021-09-14T15:24:00Z

    The U.S. brand Sam Edelman, which is part of the Caleres group, debuted kids footwear with a collection designed exclusively in-house for the fall 2021 season. The designer Sam Edelman explained that “designing a kids collection in-house was a no-brainer. I saw a space in the market for amazing quality ...

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    Dune London technology and digital product director leaves

    2021-09-14T15:23:00Z

    Cécile Delforge has left the U.K. retailer Dune London, where she was technology and digital product director, to join the tennis organization Wimbledon as head of system development and integration. “After just over six years at Dune London, it is time for me to say goodbye and open a new ...

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    Dr. Martens, Suicoke in new collaboration

    2021-09-14T15:23:00Z

    The British brand Dr. Martens and the Japanese shoemaker Suicoke have reunited to create a new sandal called DM Mura, which incorporates the Lorsan outsole from Dr. Martens and the slip-on “Mura” silhouette from Suicoke. The shoes come in Black Smooth Leather or Black New Vibrance Croco, which includes crocodile ...

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    Eurofins names new head for BLC Leather Technology Centre

    2021-09-14T11:30:00Z

    The Luxembourg testing firm Eurofins appointed Andrew Hudson as managing director of its BLC Leather Technology Centre business unit located in the U.K.BLC provides testing, consulting and auditing services to the leather industry. Hudson joins BLC from the U.S. chemical group Buckman, where he was global market development manager for ...

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    Holding Industriale buys the Italian leather goods firm Gab

    2021-09-14T11:30:00Z

    Holding Industriale, an Italian investment firm which focuses on small and medium-sized companies, has bought a majority stake in the Florentine company Gab through its unit Holding Moda. No financial details were released regarding the transaction. Gab specializes in the production of bags and accessories for high-end Italian and French ...