Latest News Briefs

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    Vans opens a new store in Milan

    2022-05-27T08:46:00Z

    Vans has opened a three-story, 300-square-meter shop in Milan’s Via Orefici at the Orefici11 retail space, which also hosts brands like The North Face, Timberland and Napapijri. It is Vans’ 36th store in Italy and its fifth in Milan. 

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    Piquadro names Francesco Giovagnoni as general manager

    2022-05-27T06:51:00Z

    The Italian leather goods group Piquadro has appointed Francesco Giovagnoni as its new general manager. Giovagnoni comes to Piquadro with a lengthy experience in the luxury goods sector, having held management positions at Sara Lee Branded Apparel, Bulgari, DBApparel, Damiani and Campo Marzio. He said this is a ”decisive moment” ...

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    Italy fashion sector revenues up by 19.3% in Q1

    2022-05-27T06:51:00Z

    Revenues in Italy’s fashion sector in the first quarter of 2022 increased by 19.3 percent compared to the year earlier, above expectations of 14 percent growth, according to data from the research office of the trade association Confindustria Moda. In the same period, orders in the fashion sector were 15 ...

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    Timberland renews eyewear agreement with Marcolin

    2022-05-27T06:51:00Z

    Timberland, the footwear brand owned by VF Corp, has renewed until December 2026 its license agreement with the Italian eyewear manufacturer Marcolin. The companies have worked together since 2003. Under the agreement, Marcolin oversees the design, production and global distribution of sunglasses and optical frames with the Timberland name. At ...

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    Chinese economic situation worse than in 2020

    2022-05-26T12:04:00Z

    The Chinese Prime Minister Li Keqiang said that the country is facing a “critical moment” with difficulties that are worse, to a certain extent, than in 2020 when the Covid-19 pandemic emerged. China is tackling a resurgence of the pandemic and has applied a zero-Covid policy resulting in restrictions, including ...

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    Camel Active Footwear licensee HC Footwear files for bankruptcy

    2022-05-25T14:27:00Z

    HC Footwear, a unit of Hamm Market Solutions which holds the Camel Active license for footwear, has filed for bankruptcy. Supply chain disruptions, soaring freight costs and extended lockdowns drove the Osnabrück-based company into insolvency, HC Footwear said in a statement. The war in Ukraine and a decline in ...

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    Nicowa launches a footwear, accessories collection

    2022-05-25T09:24:00Z

    After opening at the end of last year an office in Verona to optimize production processes in northern Italy, Nicowa is expanding to include shoes and accessories for the autumn/winter 2022/23 season. Since April, Anna Boutachkova has been on board with the Munich womenswear label as head of design for ...

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    Pakistan footwear exports up 11.5% in 10 mths

    2022-05-23T16:00:00Z

    Pakistan exported 15.7 million pairs of shoes, up by 11.5 percent in volume, in the first ten months of the country’s fiscal year ending in June. Export revenues grew by 21 percent to $130 million over the period, according to the Pakistan Bureau of Statistics.

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    Designer Brands hires Doug Howe as head of DSW

    2022-05-23T15:25:00Z

    Designer Brands has appointed Doug Howe as president of DSW Designer Shoe Warehouse and executive vice president of Designer Brands, effective late May. ”Howe’s appointment brings continued strength and momentum to Designer Brands putting customers, brands and speed at the forefront of the retailer’s 519 U.S. store locations and ...

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    Allbirds opens two stores in the U.S.

    2022-05-23T15:25:00Z

    Allbirds, the B Corporation certified Californian brand of footwear and apparel, opened two stores in the U.S., bringing its global network to 43 units. The brand opened a new 3,975 square foot space retail store and community center in Fulton Market. It is its third store in the Chicago area. ...

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    Pimkie is up for sale

    2022-05-23T15:24:00Z

    The Mulliez family, which also owns Decathlon and Auchan, has put up the French clothing retailer Pimkie for sale only a few months after hiring a turnaround specialist, Philippe Favre, as CEO to relaunch the banner. Pimkie said in a statement that the Mulliez family is seeking an external investor ...

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    Richemont’s sale of YNAP is taking time

    2022-05-23T08:54:00Z

    Richemont said that talks involving third parties to restructure its online retailing unit Yoox Net-a-Porter (YNAP) are proceding ”well” but require time. In November 2021, Richemont announced that it was in advanced talks to enhance its partnership with Farfetch. At the time, the Swiss group unveiled that the deal under ...

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    THG rejects a takeover offer

    2022-05-23T08:54:00Z

    THG, also known as the The Hut Group, turned down a 170 pence (201 eurocents) per share takeover offer made by the private equity firms Belerion Capital Group Limited and King Street Capital Management. The British online retailer said that it had received a “third unsolicited, highly preliminary and indicative ...

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    Wendy Yang steps down from Deckers Brands’ performance lifestyle division

    2022-05-22T15:32:00Z

    Deckers Brands has announced that Wendy Yang will step down from her role as president of performance lifestyle at the end of the month after seven years of leading the Hoka and Teva brands. Stefano Caroti, president of omnichannel and a 30-year industry veteran, will assume Yang’s duties on an ...

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    Lowa’s 2021 revenues over €229m

    2022-05-22T15:24:00Z

    The German mountain, outdoor and everyday footwear manufacturer Lowa has ended 2021 with record figures for both the number of pairs of shoes sold and revenues, thanks to the ongoing boom for outdoor equipment. Sales climbed from 2.49 million pairs in 2020 to 3.17 million pairs in 2021. Meanwhile, revenues ...

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    Russell and Bromley to open a store in Dublin

    2022-05-20T08:14:00Z

    The British footwear brand Russell and Bromley plans to open a store in Dublin, its first outside its domestic market, this autumn. The 1,300 square-feet store will be located in Grafton Street and will comprise the brand’s men and womenswear collections. The chief executive, Andrew Bromley, described the opening as ...

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    Zegna targets annual revenues above €2 bn

    2022-05-18T15:36:00Z

    The Italian fashion house Ermenegildo Zegna is aiming for annual revenues of over €2 billion and an adjusted Ebit margin of at least 15 percent in the medium-term. In 2021, the company posted revenues of €1.292 billion and an adjusted Ebit margin of 11.5 percent. In the first quarter of ...

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    ​German painter Norbert Bisky designs new comfort shoe for Finn Comfort

    2022-05-17T15:33:00Z

    The German shoe manufacturer Finn Comfort has partnered up with the Berlin-based artist Norbert Bisky to design a new comfort shoe. The figurative painter designed a limited leather comfort sneaker based on his 2013 series of works entitled “Masse”. Inspired by the Berlin club scene, they were exhibited as ...

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    Eli Group 2021 revenues reach €70.5m

    2022-05-16T07:35:00Z

    Eli Group, the company that manages the footwear of the Italian apparel brand Liu Jo, posted sales of €70.5 million in 2021, up from €45 million in 2020. Sixty percent of the top line was achieved outside Italy. The company beat the €50 million target set in its business plan. ...

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    Golden Goose’s annual sales reach €386m

    2022-05-16T07:35:00Z

    The Italian footwear and apparel company Golden Goose, known for its premium sneakers, posted sales of €385.6 million in 2021, up by 45 percent from a year earlier and by 328 percent from 2019. Revenues in the Americas rose by 75 percent compared with 2020 and by 111 percent from ...