Latest News Briefs – Page 28
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News briefs
OrthoLite hires a new Vice President of Operational Excellence
The US-based insole specialist OrthoLite hired Raj Santhana as the new Vice President of Operational Excellence. He will be responsible for OrthoLite’s manufacturing excellence and innovation, as well as automation and digital transformation. He will work closely with the company’s Global Foam Innovation Team in a new satellite office located ...
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News briefs
Alaïa’s fishnet ballet flats rated the hottest fashion product in Q3
Alaïa’s fishnet ballet flats were the hottest fashion product in the third quarter, according to The Lyst Index. “Hero Alaïa products are holding their cachet; well over a year since the mighty Alaïa flats first appeared in the Hottest Products ranking in Q2 2023, the fishnet style is this quarter’s ...
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News briefs
Hermès’ sales up over 10% in Q3
Hermès generated sales of €3.704 billion in the third quarter of 2024, up by 10.1 percent on a reported basis and 11.3 percent at constant exchange rates. All regions showed growth, despite a “particularly high” comparison base in Europe and Asia Pacific. In the first nine months of the year, ...
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News briefs
Leder & Schuh opens three new stores
The Austrian shoe retailer Leder & Schuh is continuing its expansion with the opening of three new stores. On Oct. 3, two Humanic shops were launched, one in the Eisenstadt shopping center in the Burgenland region of Austria and in the HEY! Steyr shopping center in Steyr, Upper Austria, ...
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News briefs
Ghost raises $40 million in funding
The private B2B marketplace for worldwide brands, Ghost, has raised $40 million in Series C funding. The funding was led by L Catterton, with participation from existing investors USV, Cathay Innovation, Equal Ventures, and Eniac, a private B2B marketplace for global brands to sell excess inventory to new buyers. Ghost’s ...
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News briefs
Bark and Crocs launch a shoe collection for dogs
Bark, a US omnichannel dog brand, announced on Oct. 23 the release of the “highly anticipated” Pet Crocs, a collection of shoes for dogs created in collaboration with Crocs. The shoes are available to subscribers of BarkBox, a monthly themed surprise of toys and treats, and Super Chewer, a monthly ...
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News briefs
Adidas names a new head of global sales
Adidas’ supervisory board has accepted Arthur Hoeld’s decision to step down as head of global sales. Both parties have mutually agreed on the early termination of his appointment as a member of the executive board, effective at the end of Oct. 31. The Board has appointed Mathieu Sidokpohou to succeed ...
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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 ...
