Latest News Briefs – Page 5
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News briefs
Skechers opens its first Skechers Performance store
Skechers opened its first Skechers Performance store in the world at the West Edmonton Mall in Canada. The more than 7,500-square-foot store is “an experiential retail space, complete with half-courts and the brand’s extensive offering including its renowned basketball, running, golf, soccer and pickleball technologies,” the US brand explained. The ...
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News briefs
Munro closes down
Munro & Company, Inc, a US footwear company based in Hot Springs, Arkansas, announced that it is closing down. “With heavy hearts, we are sad to announce that after 52 years of designing, developing and manufacturing high quality size and width footwear, Munro will cease operations in early 2025,” the ...
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News briefs
French footwear imports and exports down 1%
In the first 11 months of 2024, French imports of footwear fell by 1 percent year-on-year to €7,436.0 million, while exports declined by the same percentage to €5,017.8 million, according to data released by Alliance France Cuir, which represents 21 trade associations of the French leather supply chain from breeding ...
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News briefs
OrthoLite appoints Bo Grabowski as Country Manager for Indonesia
OrthoLite, a global leader in high-performance comfort footwear solutions, has announced the appointment of Bo Grabowski as Country Manager for OrthoLite Indonesia (OID). Grabowski will oversee all operations at OID, including manufacturing, business development and strategic partnerships with brands and Tier 1 factory partners. “Bo’s expertise and leadership will be ...
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News briefs
Birkenstock names a new CFO
Birkenstock Holding has appointed Ivica Krolo as Chief Financial Officer of the group, effective Feb. 1, 2025. He will succeed Erik Massmann, who will step down from his duties as of Jan. 31. Krolo joins Birkenstock from EMH Partners, an investment firm that focuses on owner-managed technology companies, where he ...
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News briefs
French footwear sales down by 2.7% in December
In December, French footwear retail sales fell by a seasonally and working-day adjusted 2.7 percent month-on-month, according to the Bank of France. Overall, French retail sales were down 0.6 percent month-on-month after a decrease of 0.1 percent in November. Manufactured goods sales were down by 1.0 percent, after remaining stable ...
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News briefs
Mustang transfers shoe license to Supremo
The German denim brand Mustang inked a licensing deal with the German shoe company Supremo for the distribution of Mustang’s footwear, after more than 20 years of collaboration with the shoe supplier Tendenza and its distribution partner 2Go. As of July 1, Supremo will take over responsibility as the ...
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Görtz to vacate two stores in Hamburg due to rent arrears
The troubled Hamburg-based shoe retailer Görtz has to vacate two of its stores in Hamburg after it failed to pay rent, the Hamburg District Court ruled. The stores affected are located in the City Center Bergedorf and Alstertal shopping centers. Görtz Retail GmbH owes its landlords a combined total of ...
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News briefs
Baur closes logistics hub in Upper Franconia
The logistics company BFS Baur Fulfillment Solutions is closing its logistics facility in Weismain, in the Upper Franconia area of Bavaria, as one of its most important customers, s.Oliver, terminates its collaboration with BFS in April 2025. According to Baur, efforts to find an economically viable and sustainable alternative solution ...
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News briefs
2Go Shoe Company acquires the Lerros shoe license
2Go Shoe Company, the German shoe manufacturer based in Westerheim near Ulm, has entered a partnership with the Düsseldorf-based menswear retailer Lerros and is taking over the license for the production and distribution of Lerros-branded shoes. With the agreement with 2Go, Lerros is expanding its portfolio to include shoes and ...
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News briefs
Legero United expands its top management team
The Austrian shoe manufacturer Legero United, owner of the Superfit, Legero and Think! brands, is expanding its executive board. As the group prepares for a generational turnover in its management, Florian Fuchs, the nephew of the owner, Stefan Stolitzka, took over responsibility for sales, marketing, human resources and finance as ...
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News briefs
Caleres cuts its guidance after holiday sales disappoint
Caleres cut its sales and earnings guidance for fiscal year 2024 after reporting disappointing sales in the holiday season and into January, partially due to weather-related closures at some of its Famous Footwear stores. The US company is now expecting a 3.0 to 3.5 percent decline in full-year sales compared ...
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News briefs
Red Dragonfly plans to produce in Uzbekistan
China’s Zhejiang Red Dragonfly Shoes plans to invest $10 million in footwear production in Uzbekistan, according to the local trade association Uzcharmsanoat. Red Dragonfly is expected to visit the country in the coming weeks to select a location for the facility. In June 2023, Uzcharmsanoat launched a project to establish ...
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News briefs
Chapters Brand Group becomes CAT Footwear’s distributor in the UK
Chapters Brand Group will be the exclusive distributor of CAT Footwear in the UK. Wolverine Worldwide is the global footwear licensee for the Caterpillar brand. CAT is currently available at Tower London, Urban Outfitters and over 40 independent stores in the country. In 2023, the British footwear distribution firm 33 ...
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News briefs
Clarks completes the sale of its UK pension liabilities
The Pension Insurance Corp. (PIC) has completed an annuity buy-in with the C.& J. Clark Pension Fund, the benefit plan of C. & J. Clark International Ltd. The buy-in will cover £540 million pounds (€644m) of plan liabilities for 8,000 members. In 2022, PIC had a already bought £280 million ...
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News briefs
Genesco names a Chief Human Resources Officer
Genesco named Kyle Polischuk to the newly created role of Chief Human Resources Officer. The appointment was effective Jan. 6. “Kyle’s strategic leadership and exceptional track record building dynamic organizations, developing talent, and promoting strong cultures will make a tremendous impact to Genesco. Her rich knowledge of retail and digital ...
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News briefs
Dr. Martens’ Creative Director steps down
Dr. Martens’ Creative Director Darren Leon Mckoy is stepping down after three years in the job and a decade with the British footwear brand. “A heartfelt thank you to Dr. Martens for an incredible decade,” he wrote on LinkedIn. “Exactly 10 years to the week, I joined the brand at ...
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News briefs
Stella McCartney launches a sneaker with Balena
The British fashion designer Stella McCartney is launching a sneaker collection in collaboration with Balena, a Tel Aviv-based circular economy startup founded in 2020. The S-Wave Sport sneaker will use Balena’s BioCir flex, a flexible, fully compostable and recyclable thermoplastic elastomer that reduces toxic, fossil fuel-based materials commonly used in ...
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News briefs
Forty Brazilian footwear brands to attend Expo Riva Schuh
Forty Brazilian footwear brands will be attending Expo Riva Schuh & Gardabags, scheduled in the Italian town of Riva del Garda from Jan. 11 to 14, according to the Brazilian footwear association Abicalçados. Paola Pontin, a business coordinator at Abicalçados, noted that in the latest edition of Expo Riva Schuh, ...
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News briefs
Coats names a new CFO
Coats’ Chief Financial Officer, Jackie Callaway, has agreed with the board that she will step down at the conclusion of the company’s annual general meeting (AGM) on May 21 and will assist with an orderly transition through June 30. Callaway has been with the British industrial threads and footwear component ...
