Latest News Briefs – Page 13
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News briefs
Germany’s birth rate declines massively
Germany’s birth rate has decreased “massively” to reach 1.35 children per woman, according to the research institute Ifo. “Germany is currently experiencing a massive decline in births. In eastern Germany, in particular, far fewer children are being born than in the past,” Ifo said. “The coronavirus crisis, the outbreak of ...
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News briefs
Piquadro H1 sales up slightly
The Italian bag and leather goods manufacturer Piquadro generated revenues of €87.8 million in the first half ended Sept. 30, up by 2.1 percent compared to the year earlier. All group brands saw growth, with sales at the Piquadro brand up by 0.8 percent to €39.8 million, sales at The ...
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News briefs
LVMH continues to post weak sales
LVMH’s fashion and leather goods division posted revenues of €29.922 billion in the first nine months of 2024, down by a reported 3 percent year-over-year and down by 1 percent organically. In the sole third quarter, organic sales dropped by 5 percent. Sales for the whole French luxury-goods conglomerate were ...
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News briefs
Baffin names Austin Sedlbauer as Lead Designer
Baffin has appointed Austin Sedlbauer as Lead Designer. “This strategic addition comes as Baffin continues to solidify its reputation for quality and innovation in the industry, while expanding domestic manufacturing volume,” said the Canadian producer of outdoor performance footwear and apparel. Sedlbauer was previously Lead Designer at Cougar Shoes. “With ...
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News briefs
Cole Haan picks Jesta for dropshipping management solution
Cole Haan has implemented a direct-to-consumer (DTC), endless aisle/dropshipping strategy powered by Jesta I.S.’s cloud Vision Merchandising enterprise resource planning (EPR) and Vision Endless Aisle solutions. “The new Endless Aisle/Dropshipping implementation follows Cole Haan’s decision to shift its distribution focus in North America toward a frictionless DTC model with an ...
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News briefs
Slovenian shoe retailer Mass Shoes expands to Austria
The Slovenian shoe retailer Mass Shoes is making its debut in the Austrian market with the first three stores set to open this autumn. The company plans to open 20 to 30 stores in the long term, according to Gerald Zimmermann, a former CCC manager now overseeing Mass Shoes’ ...
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News briefs
Ricosta promotes its Sales Manager to Managing Director
The German children’s shoe manufacturer Ricosta has undergone a leadership change, with the Sales Manager, Kai Moewes, stepping into the role of Managing Director as of Oct. 1. The 56-year-old, who has been with the company for 17 years, succeeds Ralph Rieker, who will join Ricosta’s advisory board after serving ...
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News briefs
Shoe4You opens new stores
The Austrian shoe retailer Shoe4You is further expanding its footprint in Upper Austria with the opening of a new store in the Tumeltsham retail park, located in the district of Ried im Innkreis. This follows the opening of four stores in August in Wels, Schlüßlberg, Rohrbach and Bad Ischl. ...
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News briefs
LaLaLand joins forces with Elastium in 3D printed footwear
LaLaLand Production & Design, a Californian leather goods and footwear manufacturer, has joined forces with Elastium, a startup producing 3D printed footwear, to accelerate mass production through the No-Minimum-and-Maximum-Order-Quantity (No-MMOQ) business model which combines 3D printing and convential manufacturing. The first product launched under the collaboration is Elastium’s 3D ...
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News briefs
ANWR Media hires new Managing Director
ANWR Group’s unit ANWR Media has appointed a new Managing Director to further the development of its digital business areas. The company announced that Michael Stolte-Dehn, an e-commerce and digitalization expert, joined the management board on Oct. 1, 2024. He will work alongside Tim Wiese, who has been in the ...
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News briefs
Schuhquadrat files for bankruptcy in Austria
Schuhquadrat GmbH, the successor of the Salamander and Delka footwear chains in Austria, has filed for bankruptcy, the creditor protection association KSV1870 announced. The insolvency proceedings were initiated following a creditor’s application, although no specific details about the company’s debt or the number of affected employees have been disclosed. ...
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News briefs
Scandic strengthens sales team in southern Germany and Austria
Scandic, a German importer of outdoor brands, has bolstered its sales department with the appointment of Gavin Paul as sales representative for the southern German regions of Bavaria, Baden-Württemberg as well as Austria and Switzerland. Paul, 47, brings a wealth of experience from his previous role at Fjällräven, where he ...
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News briefs
Austrian trade association files complaint against Temu
Austrian retailers are trying to hold their ground against the rapid rise of the Chinese low-cost online marketplace Temu. The Austrian retail association, Handelsverband Österreich, has lodged a twelve-page complaint with the Austrian federal competition authority, BWB, against Temu, citing deceptive business practices and calling on the authorities to ...
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News briefs
Eva-Maria Schaffner leaves BTE
Business administration advisor Eva-Maria Schaffner will leave BTE, the German textile, footwear and leather goods trade association, at the end of this year. Schaffner, a business administration graduate and former independent shoe retailer, joined the association in late 2022. The separation is amicable, according to BTE. During her ...
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News briefsGenesco appoints a new CFO
Genesco, after a broad search, appointed Cassandra “Sandra” Harris as Senior Vice President of Finance and Chief Financial Officer on Oct. 7. Harris succeeds Thomas George, whose planned retirement will take effect on Dec. 12, to ensure an orderly transition. “Sandra is a proven executive leader with a consistent record ...
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News briefs
JD Sports maintains guidance in challenging market
JD Sports Fashion reported a better-than-expected 2 percent rise in half-year profit and held annual guidance amid a “challenging and volatile market.” The company reported profit before tax and adjusting items of £405.6 million (€487.2m) for the six months to Aug. 3, compared with £398 million a year earlier, ...
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News briefs
Saucony unveils new Gore-Tex collection
Saucony is launching a collection of its designs featuring Gore-Tex technology. This new collection features the Triumph 22, Kinvara 15, Grid Peak, Peregrine 14, Ride TR2 and Grid Shadow 2, each enhanced to offer superior waterproof protection and breathability in any weather condition. Saucony said in a statement that the ...
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News briefs
ANWR Garant Netherlands announces leadership change
Dennis Beute, the long-serving Managing Director of ANWR Garant Netherlands, has officially stepped down from his position as of Sept. 30, 2024, after 15 successful years with the company. During his tenure, Beute was instrumental in the merger of ANWR and Garant, acquiring the Sport 2000 license and developing e-commerce ...
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News briefs
US East Coast port strike ends
A strike affecting the ports of the US East Coast and the Gulf of Mexico was suspended after the International Longshoremen’s Association (ILA) union and the United States Maritime Alliance (USMX) reached a tentative agreement. “The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have reached a tentative ...
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News briefs
Lanxess exits the polymer business
Lanxess signed a contract to sell its Urethane Systems business to Japan’s UBE Corporation. The enterprise value amounts to €460 million with expected proceeds of around €500 million. With the transaction, the German specialty chemicals company exits the polymer business. The Urethane Systems business comprises five manufacturing sites globally as ...
