Latest News Briefs – Page 62
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News briefs
French footwear retail sales continue to rise in June
In June, French footwear retail sales rose by a seasonally and working-day adjusted 1.1 percent month-on-month, according to the Bank of France. In May, sales of footwear increased by 2.9 percent. Overall, retail sales of manufactured goods in France grew by a seasonally and working-day adjusted 0.7 percent compared with ...
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News briefs
VF promotes Andreas Olsson to general manager EMEA for the Vans brand
VF Corp. has announced the promotion of Andreas Olsson, current vice president of sales at Vans for the Europe, Middle East and Africa (EMEA) region, to VP and general manager Vans EMEA. Olsson previously held a variety of roles at Vans and The North Face. He has also served as ...
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News briefs
Pittards in talks with investor ready to invest £1m
Pittards said that it has successfully concluded discussions with an unnamed trade investor, who has agreed to invest up to £1 million (€1.2m) via the subscription of up to 25,000,000 new ordinary shares at the price of 4 pence (4.6 euro cents) each under the current open offer to shareholders, ...
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News briefs
Marco Bizzarri quits Gucci
Marco Bizzarri, the president and CEO of Gucci since 2015, will leave the company effective Sept. 23. Bizzarri ”has masterminded the execution of Gucci’s outstanding growth strategy since 2015,” said the French luxury goods company Kering, the owner of Gucci. The manager has been a member of Kering’s executive committee ...
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News briefs
Loewe was the hottest brand in Q2
Loewe was the hottest brand in the world in the second quarter of 2023, according to the The Lyst Index. “One of the oldest luxury houses, under creative director Jonathan Anderson the Spanish brand has undergone a renaissance, climbing 13 places over the last 12 months to take the number ...
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News briefs
Zegna names Lello Gavazza to head Tom Ford Fashion
Ermenegildo Zegna has appointed Lello Gavazza to the new position of chief executive officer of the Italian fashion house’s Tom Ford Fashion label. Gavazza will take on the position on Sept. 18. He has over 20 years of experience in the global luxury sector. He joins Zegna from French luxury ...
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News briefs
Extreme heat to hit productivity of European companies
Extreme heat is likely to cause a nearly 60 percent loss in productivity for companies located in Europe by 2030, according to estimates released by Morningstar Sustainalytics. The expected decline in productivity would stem from mechanical systems breaking down under heat stress, cooling systems failing and unsafe working conditions, according ...
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News briefs
Ponto names a new brand president
Ponto, a footwear brand based in Encinitas, California, has appointed Barry McGeough as brand president. ”McGeough’s appointment marks a significant milestone in Ponto’s journey towards growth and sustainability,” the company said in a statement. He previously held leadership roles at VF, PVH, Google and Wolverine World Wide. Most recently, McGeough ...
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News briefs
Journeys sets up a second-hand resale program
Journeys, the retail chain owned by Genesco, announced the launch of Journeys Second-Hand, a resale program for apparel powered by thredUP’s Resale-as-a-Service (Raas) technology. Journeys Second-Hand allows customers to shop second-hand apparel directly from the brand’s website and resell ”gently-worn” items for Journeys shopping credit. Journeys claims that it is ...
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News briefs
An online course on AI for footwear
Footwearology, the self-described “only academy for footwear professionals” with operations in Barcelona, has introduced a course called “AI for Footwear.” Taught by Nicoline van Enter, one of the founders of Footwearology and Footwearology Lab, the course is designed for managers seeking an understanding of AI as well as for designers ...
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News briefs
Gerry Weber to close most of its stores in broad reorganization
The troubled German fashion group Gerry Weber plans a sweeping round of store closures in the coming months as it switches its focus back to wholesale retail. The company will shut down 122 of its 171 stores in Germany by the end of September this year as part of ...
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News briefs
Insolvent shoe retailer P.S. Shoes closes 8 stores out of 12
The German footwear retailer P.S. Schuhe is shutting down most of its stores after restructuring under self-administration failed to put the company back on track. P.S. Schuhe, which belongs to the Osnabrück-based company Lemax Shoe-Fashion, operated twelve stores, including an outlet in Osnabrück, before recently filing for bankruptcy. ...
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News briefs
Feine Wiener Schuhmanufaktur files for bankruptcy
The Austrian shoe company Feine Wiener Schuhmanufaktur has filed for bankruptcy. Insolvency proceedings without self-administration were opened by a commercial court in Vienna, which appointed the lawyer Günther Hödl as provisional insolvency administrator. Under Austrian law, in the case of insolvency proceedings without self-administration, the court-appointed administrator takes ...
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News briefsMicam unveils the “Walk Your Way” campaign
Micam unveiled the new campaign called Walk Your Way for the edition scheduled from Sept. 17 to 20 at the Fieramilano Rho exhibition center at the outskirts of Milan. ”This encouragement is much more than just a motto: it is a message promoting individuality, authenticity and self-expression through the shoes ...
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News briefs
Shoe Zone lifts guidance again after ‘exceptional’ trading month
Shoe Zone has lifted its full-year profit forecast for the second time in five weeks after an “exceptional” month of sales since its last update on June 9 as consumers seek value amid the U.K.’s cost-of-living crisis. “Trading has significantly exceeded management expectations due to continued strong demand with volumes ...
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News briefs
Dr. Martens trading in line with its expectations
Dr. Martens said that trading since the start of the current financial year, which kicked off on April 1, has been in line with expectations. The fiscal first quarter is the British company’s smallest period of the year as it is marked by the end of spring/summer trading. The firm ...
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News briefs
Vince Camuto launches Fly365
Vince Camuto, a division of Camuto Group which is part of Designer Brands, launched the men’s franchise Fly365. The collection currently has two models, the sneakers Talmai and Tayden, but is expected to extend its offering in the autumn and next spring. The shoes retail at $169 a pair. Fly365 ...
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News briefs
Salvatore Ferragamo CFO to leave in September
Salvatore Ferragamo’s chief financial officer Alessandro Corsi has resigned and will leave the Italian fashion house on Sept. 30 to ”take on a new professional challenge.” The company has yet to announce a replacement. Corsi has been with Ferragamo for 20 years, starting as head of business development and e-commerce. ...
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News briefs
Tod’s’ creative director leaves
After four years in the job, Walter Chiapponi is stepping down as creative director of Tod’s. He will leave the Italian luxury shoemaker after the presentation of his latest collection at the Milan Fashion Week on Sept. 22. Tod’s said that the name of the new creative director will be ...
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News briefs
Designer Brands names new head for DSW
Designer Brands has appointed Laura Denk as president of DSW Designer Shoe Warehouse and executive vice president of Designer Brands, effective as of July 24. Denk will be responsible for leading DSW’s nearly 500 U.S. store locations and e-commerce channel, DSW.com. She will report directly to Designer Brands’ chief executive ...
