Latest News Briefs – Page 109
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News briefs
Responsible Packaging Movement reaches 100 signatories
The Responsible Packaging Movement, launched last year by Columbia Sportswear’s prAna brand, has reached 100 signatories thanks to the addition of the footwear brands Sorel and Hoka. On its website, prAna explained that its goal is to completely eliminate plastic from its consumer packaging by 2021, as well as eliminate ...
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Dutch consortium develops shoelaces from old denims
Four companies from the Dutch province of Limburg have jointly developed shoelaces from recycled jeans. The companies are DenimX, which upcycles denim waste, Eurocarbon, which makes woven reinforcements, the paper company Paperwise and Emma Safety Footwear, which will be the first to use the laces. Hultafors, the Swedish group that ...
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News briefs
Bavarian footwear retailers exempted from new Covid restrictions
Shoe retailers in Bavaria will not have to apply harsher Covid-19 restrictions rolled out in the whole of Germany for stores selling non-essential goods. According to a decision by Bavaria’s regional government, footwear retailers, along with other trades such as food stores, pharmacies, medical supply stores, opticians, bookstores, gas stations, ...
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News briefs
Rockrooster diversifies into hiking, outdoor footwear
Rockrooster, an Australian safety and work boots brand founded in 1980, announced its expansion into hiking and outdoor footwear. The company had started to sell several outdoor style boots by the end of 2020 but decided to launch a new consistent line of 15 outdoor shoes in 2022 that is ...
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Centric Software takes over Armonica Retail
Silicon Valley-based Centric Software, which provides product lifecycle management solutions to various sectors, including footwear, fashion and luxury, has acquired the retail planning solution provider, Armonica Retail. No financial details were released. Armonica Retail was founded in 2018 in Milan by Simone Pozzi and Riccardo Pron. Centric Software is majority-owned ...
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News briefs
Metro Brands IPO to run Dec 10-14
The Italian footwear retailer Metro Brands is scheduled to hold an initial public offering open to subscription from Dec. 10 to 14. The transaction will comprise 2.5 billion rupees (€29.4m-$33.2m) worth of new shares and 21.9 million rupees (€2.6m-$2.9m) of existing equity sold by shareholders. The company will use the ...
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News briefs
Skechers launches Our Planet Matters collection
Skechers announced the release of a new collection of durable men’s, women’s and children’s sneakers using recycled materials and washable technologies, called Our Planet Matters. The recycled materials will be listed on hangtags and the packaging. It also announced a multi-year partnership with The Nature Conservancy, starting with a minimum ...
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News briefs
eBay buys the sneaker-authentication business of Sneaker Con Digital
eBay bought the sneaker-authentication business of Sneaker Con Digital, which operates in the U.S., the U.K., Canada, Australia and Germany. Terms of the deal, which was closed on Nov. 24, were not disclosed. The companies have been collaborating since October 2020, with Sneaker Con providing a panel of experts ...
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News briefs
Ecco picks Stratasys 3D printers for molds, shoe lasts
The Danish shoemaker Ecco has opted for Stratasys’s Origin One 3D printing technology to accelerate product development in its facilities in Portugal and Denmark. The printers are employed to produce molds and shoe lasts using a photopolymer from Henkel Loctite. “In our search to find the right partner, we tested ...
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News briefs
L.K. Bennett joins forces with Mode for new payment system
L.K. Bennett has entered a partnership with the fintech group Mode to offer customers of the U.K.-based fashion retailer a simpler way of paying for purchases. Mode’s app enables an instant and cardless payment through a QR code or a click of a button, with real-time authorization through biometric security ...
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News briefs
Global vegan footwear market forecast to reach $300bn in 2030
The vegan footwear market is expected to reach $300.19 billion by 2030 from $156.89 billion in 2020, representing a compound annual growth rate (CAGR) of 6.8 percent, according to a report published by Allied Market Research. North America contributed the highest share in terms of revenue in 2020, holding more ...
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News briefs
India hikes consumer tax on shoes
India’s Central Board of Indirect Taxes and Customs notified that the goods and services tax (GST) on products such as footwear, apparel and textile will increase to 12 percent from 5 percent from Jan. 1.
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Inditex reshuffles its top management
Inditex, the Spanish group that owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe, has appointed Oscar Garcia Maceiras as chief executive, effective immediately. Maceiras joined Inditex of March this year, and has served as general counsel and secretary of the board. He is replacing Carlos Crespo, ...
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News briefs
Skechers renews eyewear license with Marcolin
Skechers renewed its license agreement with the Italian eyewear manufacturer Marcolin for the design, production and worldwide distribution of sunglasses, optical frames and kids’ eyewear under the name of the American footwear brand. The partnership was extended to Dec. 31, 2024. Corrective eyewear sold under the Skechers brand is available ...
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News briefs
s.Oliver opens a flagship store in Moscow
s.Oliver, the footwear brand part of the portfolio of the German footwear firm Wortmann, has opened a flagship store in Moscow. It is the brand’s 11th store in Russia and the first in the country’s capital. “We had to wait a long time before we were able to open a ...
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News briefs
Belarus may face a shoe shortage
Nike, Lamoda, Sportmaster and Detsky Mir have notified the Belarusian government about a possible suspension of shoe exports to the country due to problems with a local labelling system that was introduced on Nov. 1. The companies complained, in particular, about issues arising from the Belarusian monitoring system, which generates ...
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News briefs
New Russian Covid restrictions hit retailers
Most Russian regions have made it mandatory to present Covid-19 vaccination passes using QR codes to enter shopping centers and non-food retailers. So far, less than 35 percent of the Russian population has been vaccinated and the measure has drastically limited access to stores for a large swath of the ...
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News briefs
Caprice to source shoes from Sri Lanka
Caprice, a brand of the German footwear group Wortmann, will start sourcing shoes in Sri Lanka in order to diversify its production in South Asia. The company already imports shoes from Pakistan, Bangladesh and Myanmar. From April 2022, a factory in Sri Lanka’s capital Colombo will start manufacturing leather shoes ...
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News briefs
Rudholm Group acquires Euro Brand Management for sustainable packaging
The Rudholm Group (RH), a Swedish-based supplier of garment accessories, packaging and logistical services for apparel producers, has taken over Euro Brand Management (EBM), a Munich-based company specializing in sustainable packaging and supply chain management solutions in all the segments of the footwear market. Founded in 1951 by the eponymous ...
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News briefs
Nike settles with Skechers
Nike and Skechers have reached a settlement at undisclosed conditions of their long-standing legal battle, putting an end to three intellectual property lawsuits after the mediation of a judge for the Central District of California. The dispute started in January 2016, when Nike accused Skechers of using design elements of ...
