Latest News Briefs – Page 36
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News briefs
OrthoLife expands its European hub
The US-based insole specialist OrthoLite announced the expansion of its European hub, OrthoLite Europa (OEU), focusing on its facility in Almansa, Spain. “Our commitment to invest in our global manufacturing footprint brings agility and reliability for OrthoLite’s brand partners and our T1 factory partners,” said Richard Bevan, Vice President of ...
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News briefs
Hogan offers the best customer service in Italy among footwear firms
Hogan was voted the footwear company offering the best customer service in Italy, according to Statista’s survey Italy’s Best Customer Service 2024/2025. With a score of 9.06 points, the brand, which is part of the Tod’s group, is among a cohort of 20 companies from different categories to have a ...
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News briefs
Revolve buys Alexandre Vauthier
Revolve, a Los-Angeles based fashion group, has acquired a majority stake in Alexandre Vauthier, a French designer brand. “The strategic move further differentiates Revolve Group, Inc. in the premium and high-end fashion market, taking a significant step forward in its mission to redefine the fashion landscape,” the US company said ...
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News briefs
Crocs releases its Comfort Report
Crocs has released its third annual Comfort Report, highlighting the company’s progress in corporate responsibility, including initiatives in social responsibility and sustainability. In the report, the company claims to have reached a “milestone” in material innovation by exceeding a monthly average of 20 percent bio-circular content in its proprietary Croslite ...
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News briefs
Golden Goose introduces summer retail concept
Italian luxury sneaker brand Golden Goose is unveiling Bar Golden, a new retail experience inspired by the Italian culture and design of the 1960s. The new concept is launching in the seaside resorts of Forte dei Marmi, Italy, and Bodrum, Turkey. The stores showcase a selection of vintage objects such ...
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News briefs
Caprice reorganizes the sales team of newly acquired Peter Kaiser brand
Caprice, a brand of the German footwear group Wortmann Schuh-Holding KG, is revamping the sales team of the newly acquired women’s footwear brand Peter Kaiser in a bid to further expand the market presence of both brands in Germany. Caprice acquired Peter Kaiser in December last year. The Pirmasens-based ...
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News briefs
Deichmann’s subsidiary Supremo to distribute Kappa in Germany and Austria
The German footwear company Supremo is taking over distribution of the Italian sports lifestyle brand Kappa in Germany and Austria as it further expands its portfolio of licensed brands, which already includes Tom Tailor, Lurchi and Romika. The retail prices for the new Kappa collection from Supremo are expected ...
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News briefs
Birkenstock’s controlling shareholder sells down its stake
BK LC Lux MidCo S.à r.l. (MidCo), an entity affiliated with the US private equity L Catterton, is proposing 14 million ordinary shares in Birkenstock in an underwritten secondary public offering. MidCo is selling 9,880,814 of the shares it owns, while 4,119,186 are sold by executive officers and certain other ...
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News briefs
Shein’s London IPO seen at risk due to forced labor allegations
Shein’s attempt to be listed on the London Stock Exchange (LSE) could be undermined by allegations that part of the supply chain of the Singapore-based online fashion retailer uses forced labor, according to Interactive Investor’s head of markets, Richard Hunter. Hunter believes that the British financial market regulator, Financial Conduct ...
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News briefs
World Shoe donates 500,000 shoes to PAYU’s Health and Hygiene Impact Project
World Shoe, which manufactures antimicrobial shoes in Africa, has signed a new partnership with the Pan African Youth Union (PAYU) Health and Hygiene Impact Project, including the donation of 500,000 shoes. In addition to World Shoe’s donation, CouldYou? will provide 50,000 menstrual cups for girls, with distribution across 15 African ...
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News briefs
Self-administration proceedings opened for Sør
The Mönchengladbach District Court has opened self-administration proceedings for Bonavest GmbH, the owner of German fashion retailer Sør. Bonavest filed for bankruptcy in March this year as falling sales, high rents, as well as increasing energy, logistics and personnel costs took a heavy toll on the company. The ...
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News briefs
Otto satisfied with its results despite a drop in sales
The German mail order company Otto posted a widening loss for the 2023/2024 financial year, but said it is satisfied with the results despite the drop in sales as it made “noticeable progress in its operating result” in an “enormously challenging market environment.” Losses increased to €426 million in ...
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News briefs
Saucony hires new global chief marketing officer
Saucony has named Joy Allen-Altimare as its new global chief marketing officer, effective immediately. According to the Wolverine Worldwide-owned footwear brand, she will be responsible for developing and executing Saucony’s global branding initiatives, including brand positioning, direct-to-consumer strategies, advertising, digital strategies, international growth initiatives and expansion of the brand’s global ...
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News briefs
French footwear sales slip in May
In May, French footwear retail sales fell by a seasonally and working-day adjusted 0.8 percent month-on-month, according to the Bank of France. Overall French retail sales dropped by 0.4 percent month-on-month in May, after falling 0.5 percent in April, and sales of manufactured goods also fell by 0.4 percent, after ...
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News briefs
Allbirds enters distribution deals covering Scandinavia, Baltic states and Benelux
Allbirds announced agreements with two distributors to cover Scandinavia, the Baltic states and Benelux. With these agreements, Allbirds has penned deals with eight international distributors, following Canada and South Korea in 2023, and Japan, Australasia, Gulf Countries and Southeast Asia earlier this year. Authentic Brands will be Allbirds’ first appointed ...
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News briefs
Micam releases its Trend Guide for spring/summer 2025
Micam, the international footwear fair whose next edition will be held from Sept. 15 to 17 at the Fieramilano Rho exhibition center at the outskirts of Milan, presented its new Trend Guide dedicated to next year’s spring/summer season. The guide, developed in collaboration with Livetrend, offers an overview of the ...
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News briefs
Viking Footwear strengthens its sales team
The Norwegian footwear label Viking Footwear has appointed Andreas Spangenberger as its new Sales Representative for the Northern and Eastern Germany regions. Spangenberger has 25 years of experience in the industry and brings extensive knowledge and skills that will support the further expansion of the brand in the outdoor, sports ...
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News briefs
Authentic Brands Group hires a general manager for Africa
Warren Bowers, a 25-year veteran in the fashion, outdoor and sports sectors, has joined Authentic Brands Group (ABG) as general manager of the US company’s Africa region. In the newly created position, Bowers will oversee ABG’s expansion across the continent by cultivating strategic partnerships to drive growth for the brands ...
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News briefs
Hooijer to distribute Keen in Germany
Hooijer Footwear Group continues to expand by taking over the distribution of the Oregon-based footwear brand Keen in Germany, starting from the spring/summer 2025 season. The deal includes the distribution of Keen footwear in the sports, outdoor, lifestyle and kids’ segments. The Dutch distribution and wholesale company is already ...
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News briefs
Broker sees ‘green shots’ for H&M’s sales growth
H&M Hennes & Mauritz’s sales are showing signs of a recovery which could lead to higher profit margins this year and next, according to the broker UBS. “We share investor concern on lack of a clear top line recovery but gain confidence from a raft of measures leading to green ...
