Latest News Briefs – Page 123
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News briefs
Sequential sells DVS Footwear to Elan Polo
While exploring strategic options to keep afloat, the Sequential Brands Group sold on July 19 its 65 percent stake in DVS Footwear to Elan Polo International for $2 million in cash. DVS is a global American brand of skate shoes founded in 1995. In April, Sequential sold another footwear brand ...
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News briefs
Crocs makes sustainability pledge
Crocs has pledged to have net zero carbon emissions by 2030, and to this end it will be increasing the sustainability of its materials, changing its packaging and investing in “resource use” and “product afterlife solutions.” The American brand is modifying the composition of its shoes’ main ingredient, Croslite, to ...
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News briefs
Josef Seibel opens renovated shoe factory and visitor experience center
After extensive renovation, the German shoe company Josef Seibel has opened its newly designed shoe factory and visitor experience center in Hauenstein, in the Rhineland-Palatinate region, to mark its 135th anniversary. With its wood paneling, clear lines and state-of-the-art interiors, Josef Seibel’s new factory houses an exhibition where visitors ...
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News briefs
Aerosoles partners with American Exchange Group
The U.S. company Aerosoles has entered a distribution partnership with American Exchange Group, under which the two companies will collaborate on the design, branding and strategy for a new Aerosoles collection targeted to the mass and off-price channels starting from spring 2022. “This partnership marks an exciting new chapter in ...
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News briefs
U.K. scraps Tradeshow Access Programme
The U.K.’s Department for International Trade (DIT) has scrapped the Tradeshow Access Programme (TAP) which had been running for over 30 years. It provided grant funding to small and medium businesses across different industries to cover expenses associated with exhibiting at foreign trade fairs. British fashion and textile companies were ...
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News briefs
Eddie Bauer launches gear rental service
U.S. outdoor lifestyle brand and retailer Eddie Bauer has launched a gear rental service which includes items such as hiking boots, tents and backpacks. On the company’s website a pair of men’s Guide Pro Boots is offered at $18 a pair with delivery on July 28 and return on July ...
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News briefs
Grupo Hergar 2020 sales fall to €30m
Grupo Hergar, the Spanish footwear manufacturer that owns the Callaghan and Gorila brands, saw its 2020 sales drop to slightly over €30 million due to the Covid-19 pandemic from €45 million in 2019. The Arnedo-based company told the local press that it has started to recoup lost sales but it ...
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News briefs
Ecco USA president retires
Dave Quel will retire at the end of the month as president of Ecco USA. Klaus Flock, the chief financial officer of Ecco USA, will take over the job on an interim basis on Aug. 1 until a permanent replacement is appointed. Quel joined the company in 1999 as territory ...
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News briefs
Sioux takes over distribution in Benelux
The German shoe manufacturer Sioux will directly manage distribution in the Netherlands, Belgium and Luxembourg. The move, effective from Aug. 1, is aimed at being closer to customers in the growing Benelux market, the company said. The Walheim-based company was represented in the Benelux by the Dutch footwear distributor ...
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News briefs
Stella Q2 sales rise by 58.1%
The sales of the Hong-Kong-based footwear group Stella International rose by 58.1 percent to $392.1 million in the second quarter from $248.0 million a year earlier, when sales were negatively impacted by the outbreak of the Covid-19 pandemic. Top line growth was also underpinned by a recovery in orders in ...
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News briefs
Lenzing and Orange Fiber cooperate on new lyocell fiber made from orange pulp
Lenzing and Orange Fiber, an Italian company that has patented the pulp production process for citrus by-products, have unveiled the first Tencel brand lyocell fiber made from orange pulp and wood sources. With this new product, the companies aim to improve sustainability in the textile and fashion industry. As part ...
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News briefs
Norda launches trail running shoe using bio-based Dyneema fiber
Norda, a young Canadian brand of running shoes, introduced the first seamless trail running shoe made from bio-based Dyneema fiber, produced by Royal DSM. DSM claims that bio-based Dyneema performs exactly the same as conventional Dyneema, with a carbon footprint 90 percent lower than high-performance polyethylene, thanks to the use ...
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News briefs
EU asks for comments on 'vertical' supply chain agreements
The European Commission has launched a final public consultation on the anti-trust implications of so-called “vertical agreements” between companies operating at different levels of the supply chain in order to update and improve its Vertical Block Exemption Regulation (VBER) and the related Vertical Guidelines. The EU is asking stakeholders to ...
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News briefs
Görtz expands its e-commerce reach
German footwear chain Görtz is further expanding its online presence with an accelerated overhaul of its retail strategy. Under the “Görtz Connected” concept, a cornerstone of the Hamburg-based company’s revamped digital-driven strategy consisting in enhancing its Goertz.de website with the opening of an online store for brand partners in ...
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News briefs
Keen opens a factory in the Dominican Republic
The Portland, Oregon-based footwear brand Keen announced the opening of a sandal-focused factory in the Dominican Republic with 55,000-square-feet of manufacturing space. The plant, located in Santiago. will produce the company’s footwear, led by the Newport H2 sandal. It will have an initial annual capacity of 500,000 pairs, which will ...
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News briefs
Crocs files lawsuits against 21 companies in the U.S.
Crocs has filed lawsuits in various U.S. District Courts against 21 companies alleging infringements of its registered trademarks. The company is seeking monetary damages for alleged violations of certain intellectual property relating to Crocs’ three-dimensional trademark rights. The defendants include Cape Robbin; Bijora; Dr. Leonard’s Healthcare; Crocsky; Fujian Huayuan Well ...
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News briefs
Italy to receive €25 bn from EU by early Aug
At the end of July or early August, Italy will receive a first instalment of about €25 billion from the European Commission as part of the Next Generation EU program, according to the Italian economy minister Daniele Franco. The monies are part of a stimulus package financed by the European ...
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News briefs
EU postpones introduction of digital tax
The European Commission has postponed until October a European Union proposal to introduce a tax on digital companies to help fund a recovery plan aiming at stimulating the continent’s economy in the wake of the Covid-19 pandemic. A spokesperson for the commission said it is focusing attention on resolving open ...
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News briefs
PacSun enters the sneaker resale market
The American clothing brand Pacific Sunwear of California (PacSun) has entered the sneaker resale market with the initiative PS Reserve. The service was launched on July 5 and is accessible through PacSun’s website. It offers a mix of sneakers, clothing and accessories from leading brands including Nike, Adidas and Supreme. ...
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News briefs
Elisabet obtains Calvin Klein Jeans license for kids’ shoes
Elisabet will be manufacturing children’s shoes under the Calvin Klein Jeans brand starting with the spring/summer 2022 collection. The agreement was reached with the brand’s owner PVH Corp and covers Europe, Middle East and Africa. The Italian footwear manufacturer already has a license agreement for children’s shoes with Tommy Hilfiger, ...
