Latest News Briefs – Page 127
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News briefs
New international brand president for K-Swiss
K-Swiss has promoted Dave Grange to the position of international brand president, replacing Barney Waters who is leaving the company after 12 years to lead an unnamed brand of eyewear. Grange was most recently vice president of sales in charge of the Americas for K-Swiss and Palladium, which became the ...
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News briefs
Xtep issues bonds to relaunch K-Swiss and Palladium
Xtep International of China is selling two tranches of convertible bonds to entities controlled by Hillhouse Capital to finance an international relaunch of the K-Swiss and Palladium brands, which it took over from E-Land Footwear in 2019. Hillhouse, which is controlled by the Chinese billionaire Zhang Lei, knows the industry ...
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News briefs
U-Power plans IPO by end July
U-Power Group, an Italian company specialized in workwear and safety footwear, plans to list its shares on the main market of the Milan exchange in an initial public offering expected to take place by the end of July. Shares will be sold by Fin Reporter, the investment vehicle wholly owned ...
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News briefsGucci launches eco material Demetra
Italian fashion house Gucci, part of the French luxury goods group Kering, announced the launch of a new sustainable animal-free, plant-based material known as Demetra, which it plans to make open to competitors next year. Demetra, named for the Greek goddess of harvest and agriculture, is the result of two ...
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News briefsTeva’s summer capsule is designed by Christian Cowan
The Deckers brand Teva has released a two-item limited-edition summer capsule collection designed by Christian Cowan. The Hurricane Gladiator has straps of Repreve-recycled plastic and Unifi polyester yarn and come in a favorite color of Cowan’s, fluorescent pink. The silver and pink Hurricane XLT2 sandal has iridescent webbing, connector straps ...
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News briefs
LVMH enters a partnership with Google Cloud
LVMH and Google Cloud have entered a strategic partnership to accelerate innovation and develop new cloud-based artificial intelligence (AI) solutions “to create new, personalized customer experiences that foster long-term growth” for the brands of the French luxury goods group. The partners will provide new AI and machine learning (ML) technologies ...
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News briefs
Camel Active hires new head of e-commerce
Camel Active has expanded its e-commerce team in a bid to bolster its online business and strengthen its international omnichannel strategy. Digital expert Christina Skoeries joined the brand as head of e-commerce at the beginning of May and will oversee the further development of Camel Active’s digital channels and ...
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News briefs
Tamaris wins a brand management award
Tamaris, the shoe brand owned by the Wortmann Group, obtained the gold German Brand Award in the “Excellent Brands: Fashion” category. The award was granted by the German Design Council (Rat für Formgebung) and the German Brand Institute. It honors companies which stand out for their brand management, campaigns and ...
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News briefs
Manolo Blahnik reopens a flagship store in New York
The Spanish shoe designer Manolo Blahnik has opened a flagshp store in New York City on Madison Avenue, on the Upper East Side. The store was designed by interior designer David Thomas, along with Manolo and Kristina Blahnik. The brand closed its previous New York flagship store, located on West ...
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News briefs
Amnesty accuses China of crimes against humanity in Xinjiang
Amnesty International has released a 160-page report titled Like We Were Enemies in a War: China’s Mass Internment, Torture and Persecution of Muslims in Xinjiang. Since 2017, Amnesty argues, Chinese authorities have been using “one of the world’s most sophisticated surveillance systems and a vast network of hundreds of grim ...
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News briefs
Deerfoot stops working for Saucony in Iberia, takes on Diadora
According to the Spanish trade publication Tradesport, Deerfoot Sport’s contract to handle the distribution for Saucony on the Iberian Peninsula came to term on Dec. 31 and was extended to June 1 but no further. Saucony’s parent company, Wolverine Worldwid, began establishing operations of its own in Spain in 2014 ...
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News briefs
Pitti Studios: a new creative service for exhibitors
Pitti Immagine, the organizer of various fashion-related trade shows in Florence, is adding a new service, Pitti Studios, providing a new communication platform for exhibitors. They can have their new product releases photographed or filmed by the Pitti team. The customized images and film recordings can be integrated into a ...
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News briefs
Deichmann names a new chief marketing officer
Deichmann has appointed Sabine Zantis as chief marketing officer, replacing Christian Hackel. Zantis will report directly to Heinrich Deichmann, the chairman of the board of directors. Zantis, 39, joins Deichmann from the general retailer Aldi Nord, where she was managing director in charge of marketing and communication. She previously worked ...
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News briefs
Tapestry releases 2020 corporate responsibility report
Tapestry, the New York-based owner of Coach, Kate Spade and Stuart Weitzman, released its 2020 Corporate Responsibility Report, which highlights social and environmental progress made in the fiscal year ending June 27, 2020. It marks the eighth year of reporting for the group, but the first time it is done ...
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News briefs
Netflix opens an online store
Netflix has launched an online store, Netflix.shop, to offer limited edition apparel and lifestyle products tied to its shows and brand. Since June 10, Netflix.shop has been available in the U.S. but the streaming giant intends to expand it to other countries in the coming months. Debuting this month on ...
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News briefs
Colis Privé moves towards a bourse listing
The French delivery service Colis Privé said that the French financial market regulator AMF has approved its registration document in view of a possible initial public offering (IPO) on the Paris stock exchange. In 2020, Colis Privé posted sales of €233.8 million while current Ebitda stood at €21.5 million. Last ...
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News briefsAetrex is launching a new foot scanner
Aetrex is releasing a 3D foot scanner with two selling points: size and cost. Using a proprietary computer system called FitGenius, the Albert 3DFit will complete a foot scan in “less than 10 seconds” and is accurate to within one millimeter. The system then compares the scanned foot profile to ...
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News briefs
Iconix is being taken over by Lancer Capital
Iconix Brand Group, an American manufacturer and retailer of apparel and footwear, has entered into a definitive agreement to be bought by the private equity Lancer Capital, though its affiliate Iconix Acquisition Corp., in an all-cash transaction that values Iconix at about $585 million, including net debt. The decision “represents ...
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News briefs
Beaumanoir is in talks to buy the Caroll brand
Beaumanoir, a French fashion group which bought a large part of the assets of La Halle, a French apparel and shoe retailer, is in exclusive talks to buy the women’s apparel brand Caroll from Vivarte. If the deal obtains regulatory clearance, it is scheduled to close in the third quarter ...
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News briefs
Cole Haan hires a chief digital officer
The American lifestyle brand and retailer Cole Haan has hired Stephen Henderson as chief digital officer. He joins the company from Caleres, where he was senior vice president of marketing and e-commerce. In the last year, Cole Haan has rolled out 26 localized sites across international markets with continued growth ...
