Latest News Briefs – Page 59
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News briefs
Coats Footwear to exhibit at Lineapelle
The newly constituted Coats Footwear will be exhibiting at the Lineapelle trade show held at the FieraMilano Rho exhitition hall from Sept. 19 to 21. Coats, a British manufacturer of industrial yarns and structural components for apparel and footwear, created the new footwear division this year following the acquisition of ...
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News briefs
Abicalçados brings 76 Brazilian brands to Micam
Abicalçados said that 76 Brazilian brands benefitting from a trade support scheme will be attending the Micam trade show, scheduled to run from Sept. 17 to 20 at the Fieramilano Rho exhibition center at the outskirts of Milan. The tally is the highest since the Covid-19 pandemic. The brands are ...
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News briefs
Autry could be valued €400m
The fast-growing Italian sneakers brand Autry could fetch a valuation of €400 million as its sale goes underway, according to the Italian business daily Il Sole 24 Ore. The valuation would represent about 10 times the company’s expected Ebitda of about €40 million this year on sales of €120 million. ...
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News briefs
Bata picks Blue Yonder’s merchandising and replenishment planning software
Swiss-based Bata has chosen to digitally transform its merchandising and replenishment planning with Blue Yonder’s SaaS-based Allocation & Replenishment solution. With Blue Yonder, a U.S. supply chain solutions provider, Bata will be able to improve the distribution of products according to customer need, optimize its processes, streamline operations, and deliver ...
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HanesBrands and G-III announce licensing agreement for Champion, C9 Champion outerwear
HanesBrands and G-III Apparel Group have entered into a strategic, multi-year licensing agreement for the design, production and distribution of outerwear for the Champion and C9 Champion brands in North America, which includes exploring opportunities in Champion’s global network as a key partner. More in Sporting Goods Intelligence Europe.
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In-Sport Fashions signs distribution deal with Allbirds for Canada
Québec-based In-Sport Fashions, a Canadian distributor of specialized lifestyle, sports and outdoor products, entered an exclusive partnership with the sustainable footwear brand Allbirds. Effective Sept. 15, 2023, In-Sport Fashions assumes distribution of Allbirds products across all Canadian distribution channels: retail, allbirds.ca and wholesale partner openings.
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News briefs
Zalando's co-CEOs confirmed until end 2023
Zalando’s founders Robert Gentz and David Schneider will continue to lead the company as co-CEOs. The supervisory board made the decision at its regular third-quarter meeting and extended both contracts by another four years until December 2027. Gentz and Schneider will drive the strategy to establish Zalando as the first ...
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News briefs
Naf Naf files for receivership
The French fashion brand Naf Naf has asked to be placed into receivership as it faces arrears in rent payments that it accumulated during the Covid-19 lockdowns, a company spokesperson told the news agency AFP. The request was made with a commercial court located in Bobigny in the outskirts ...
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Church’s launches a capsule collection for Miu Miu
Miu Miu has entered into a collaboration with Church’s. Both brands are part of the Prada Group. The collaboration infuses “the formality of the heritage brand with the free spirit the Miu Miu name represents,” the group said in a statement. The capsule collection Church’s X Miu Miu includes two ...
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News briefs
Coats completes the sale of its European Zips business
Coats said that it has completed the sale of its low margin European Zips business. On July 4, the British industrial thread and global footwear component manufacturer, announced that it had entered into an agreement to sell its European Zips business to Aequita, a German family office, for an expected ...
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News briefs
Designer Brands president William Jordan to leave
Designer Brands announced that William (Bill) Jordan, the president of the company and president of Camuto LLC, will step down from his positions on a date that is expected to be on or before Dec. 1, 2023. The announcement was made in 8-K filing with the U.S. Securities and Exchange ...
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News briefs
Crocs hires a new head of investor relations
Crocs has hired Erinn Murphy as senior vice president, investor relations and corporate strategy. She will join the company’s leadership team on Sept. 5, reporting directly to the group’s executive vice president and chief financial officer, Anne Mehlman. Murphy joins the company from the investment bank Piper Sandler. She built ...
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News briefs
Unity Brands buys Casca Footwear
Unity Brands has bought Vancouver-based Casca Footwear, which was founded in 2017 by Braden Parker and Kevin Reid. No financial details were available. “I am incredibly proud of what we have built over the last seven years, and I’m looking forward to seeing Casca achieve new levels of growth with ...
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News briefs
Shakira becomes global brand ambassador for Ipanema
Shakira, the Colombian singer, is the new global brand ambassador for Ipanema’s Sempre Nova collection, starting with next year’s spring/summer collection. Ipanema, a brand of women flip flops, sandals and slides, is owned by the Brazilian footwear manufacturer Grendene. “This collection, recently launched worldwide, resonates with people from diverse ...
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News briefs
Pou Chen to axe more jobs in Vietnam
Pou Chen Corp, the world’s largest athletic footwear manufacturer, has told authorities that it will lay off 1,221 people on permanent contracts at its Ho Chi Minh City factory in Vietnam. Since the beginning of the year, Pou Chen has reduced the number of employees at the factory, which was ...
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News briefs
German consumer confidence continues to decline
German consumer sentiment is estimated to have fallen to -25.5 points in September from a revised -24.6 points in August, according to the research group GfK. The preliminary reading for August was -24.4. “The consumer sentiment is currently not showing a clear trend, neither downward nor upward – and that ...
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Deichmann releases podcast following the journey of a shoe
The German shoe retailer Deichmann is releasing a podcast following the journey of the shoe, from idea to sale. The podcast title “From Head to Shoe” was chosen by Deichmann employees. In a German-language interview format, host Donya Farahani will take listeners chronologically through the individual areas of the ...
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News briefs
OrthoLite strengthens its sales team in China
OrthoLite, a U.S.manufacturer and provider of insoles and material solutions for footwear, is bolstering its Chinese sales management team with the hiring of Chuck Yu as director of sales strategy and John Liu as sales manager. Yu and Liu will be responsible for supporting OrthoLite China’s domestic brand partners as ...
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News briefs
Skechers sues Laforst Shoes for allegedly copying its slip-in shoe design
Skechers has filed a patent infringement lawsuit accusing California-based Laforst Shoes of copying its slip-in shoe design. Skechers is accusing Laforst of infringing on five patents related to its slip-in, hands-free sneakers. The lawsuit was filed on Aug. 17 in the central district of California. In June, Skechers filed a ...
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News briefs
New Balance files lawsuit against Golden Goose for allegedly copying its Dad sneakers
New Balance has filed a lawsuit against luxury Italian label Golden Goose, claiming that the brand copied New Balance’s signature Dad sneakers, notably its Model 990 line. The lawsuit was filed on Aug. 18 in the US District Court for the District of Massachusetts. According to the complaint, Golden Goose’s ...
