Latest News Briefs – Page 17
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News briefs
33 Joints changes name to Chapters Brand Group
The British footwear distribution firm 33 Joints is changing name to Chapters Brand Group due to its integration with Blue Sole. “This transformation signifies an important milestone for the company and its directors, Antony Nathan and Graeme Nichol. As we set our sights on expanding into larger markets, we introduce ...
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News briefs
EU clears Farfetch acquistion of YNAP stake from Richemont
The European Commission has unconditionally cleared the acquisition by the British online fashion retailer Farfetch of a 47.5 percent stake in Yoox Net-a-Porter (YNAP) from the Swiss luxury goods group Richemont in exchange of Farfetch shares. The commission was the last regulatory hurdle required to obtain clearance for the deal, ...
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News briefs
Zalando introduces ZEOS Fulfillment
Zalando is launching the ZEOS brand (short for Zalando E-commerce Operating System), which aims at enabling brands and retailers to manage their multi-channel business across Europe within one unified platform. In October 2022, Zalando piloted a multi-channel fulfillment solution with selected partners, which is now moving under a new dedicated ...
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News briefs
Cinven may put Kurt Geiger up for sale
The private equity Cinven is working with its adviser Bank of America on a potential auction for Kurt Geiger, according to Sky News, adding that the sale process could start in the coming months. Cinven could be seeking to raise £400 million (€460m) in the sale. Cinven bought the British ...
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News briefs
Jimmy Choo creates a capsule collection with Jean Paul Gaultier
Jimmy Choo, the luxury shoe maker owned by Capri Holdings, has collaborated with the French fashion house Jean Paul Gaultier on an exclusive capsule footwear collection. The collaboration fuses two creative identities founded on a shared vision of powerful, confident, and glamourous femininity co-designed by the houses’ creative directors Sandra ...
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News briefs
Sioux launches new vegan sneakers in second collaboration with artist Tim Bengel
The German shoe manufacturer Sioux has teamed up again with Stuttgart artist Tim Bengel with the launch of a new limited edition of vegan sneakers. The new “SuperKrautOne” model, made entirely of vegan components with a high proportion of renewable and recycled raw materials, will be limited to 999 ...
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News briefs
Reorganization of ANWR’s executive board is completed
ANWR Group has completed the reorganization of its board, which it announced in June of this year. On Sept. 30, Matthias Grevener left the the executive board of the buying group, where he sat for 17 years, becoming the longest-serving member. Grevener also stepped down from all his posts ...
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News briefs
PVH’s head of sales footwear for Germany leaves company
PVH’s director of sales for footwear in Germany, Carsten Richter, has left the company after 15 years. Richter announced his departure in a post on the social network LinkedIn. “The time has come to say “farewell“ after an incredible 15 years at PVH. Now, I’m excited to announce a ...
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News briefs
Coats expands its relationship with Brillio
Brillio, a digital transformation services and solutions provider, said that it has been selected by Coats as its technology services partner. Coats is a British manufacturer of industrial thread and footwear components. The five-year, multi-million-pound, outcome-based managed services agreement expands Brillio’s relationship with Coats dating back to 2015, it said. ...
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News briefs
H&M issues a maiden €500m green bond
H&M has issued an inaugural €500 million euro green bond with a maturity of eight years under its Euro Medium Term Note (EMTN) programme. According to the Swedish fashion retailer, the bond “generated great interest among a broad international base” of institutional investors and was more than 3.5 times oversubscribed. ...
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News briefs
AstorMueller names Achim Tischer head of women’s footwear
The Swiss shoe manufacturer AstorMueller has bolstered the management of its women’s footwear division with the appointment of the shoe veteran Achim Tischer to the newly created role of vice president Product Women. Tischer is now responsible for women’s footwear for all the company’s brands, including Bugatti and Salamander, ...
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News briefs
Online retailers enjoy a surge in footwear sales in Russia
During the first half of 2023, Ozon registered a threefold rise in turnover in the fashion segment. Ozon, Russia’s second largest marketplace, said that footwear and clothing remain one of the fastest-growing categories. In general, the company estimated that half the shoes or other fashion items in the country this ...
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News briefs
Metro Brands opens its 800th store in India
On Oct. 17, the Indian footwear retailer Metro Brands Limited opened its 800th store in its home country. Located in the Banjara Hills area of Hyderabad, the store, which operates under the FitFlop banner, has a total retail space of 716 square feet and is part of the group’s plans ...
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News briefs
Timberland appoints new CMO
Timberland has hired Maisie Willoughby as the brand’s new vice president and chief marketing officer, effective Oct. 16. In her new role, Willoughby will drive the global brand strategy and vision for Timberland, which is owned by VF Corp. The company said she will lead the global marketing team in ...
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News briefs
Footway’s sales fall, losses widen in Q3
Footway Group AB, the Swedish operator of specialized online stores, which has been undergoing restructuring since July 25 this year, has presented its latest figures for the third quarter of the current fiscal year. Sales amounted to 136 million Swedish kroner (€11.77m) compared to SEK 261.6 million (€22.63m) in the ...
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News briefs
Caleres rolls out Bluecore’s platform across its brands
Bluecore, a retail shopper identification and customer movement technology, announced that Caleres is implementing the platform across its portfolio of brands. It was selected by the U.S. footwear group to help identify, personalize, and orchestrate automated marketing across the customer lifecycle and will become a key component of Caleres’ marketing ...
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News briefs
BTE elects Mark Rauschen as its president
Germany’s textile, shoes and leather goods trade association BTE has a new president. Mark Rauschen, 49, managing partner of the Osnabrück-based fashion house L&T Lengermann & Trieschmann, was unanimously elected by BTE’s delegate assembly, the trade association announced. The outgoing president, Steffen Jost of the Jost fashion house, ...
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News briefs
Frasers increases its stake in Boohoo again
Frasers Group has increased its stake in the online fashion retailer Boohoo to 13.44% from 10.42%, according to a stock exchange filing. The British retailing group has been building up a stake in Boohoo. It previously said that it saw “potential synergies and an opportunity to strengthen our own brand ...
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News briefs
Taiwanese insole maker DSC expanding in Indonesia, India
Dahsheng Chemical (DSC), a Taiwanese maker of closed-cell and open-cell foam products founded in 1945, is expanding its global manufacturing footprint in Indonesia and India. The new locations, estimated to generate more than 1,500 jobs, will increase DSC’s global capacity by 24 million pairs of insoles per month and accelerate ...
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News briefsSkechers launch a capsule collection with Ricardo Cavolo
Skechers has entered a collaboration with one of Spain’s most influential artists, Ricardo Cavolo. The Skechers x Ricardo Cavolo footwear capsule for women features the illustrator’s renowned flaming heart and eye imagery on a selection of three styles. The Skechers x Ricardo Cavolo limited-edition capsule is now available at skechers.com, ...
