Latest News Briefs – Page 125
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News briefs
Timberland in global product take-back program in partnership with ReCircled
Timberland is kicking off a product take-back concept. After launching in the U.S. in August 2021, the program will expand to EMEA this fall and to the APAC region in spring 2022. Developed in partnership with ReCircled, founded in 2019 to provide process and infrastructure for the reuse of footwear ...
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News briefs
U.S. reportedly asked European countries to delay digital tax
The U.S. has asked several European countries to delay the implementation of the digital services tax, which will serve to fund part of the European Union’s multi-billion dollar recovery plan, the news agency AFP reported citing a U.S. document. In the document, the U.S. noted that approval of the tax ...
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News briefs
Sole Fashion August edition canceled
The footwear show Sole Fashion, scheduled for Aug. 8-9, has been canceled over a delay in the lifting of the remaining Covid-19 related restrictions in the U.K. The next edition is due on Feb. 27-28, 2022. The event, which is held in the Coventry Building Society Arena (formerly Ricoh Arena) ...
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News briefs
VF sells its Work segment, except Dickies and Timberland Pro
After announcing in April that it had reached a definitive agreement to sell this business unit, VF Corp. announced that it has completed the divestiture of the workwear portion of its Work segment to an affiliate of Baltimore-based Redwood Capital Investments, LLC, a diversified holding company. The transaction includes the ...
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News briefs
Saucony unveils Run It Local campaign to support running retailers
Saucony is launching a new initiative, Run It Local, to support specialty running retailers. The €335,000 campaign will run from July to September with various activities across Saucony’s EMEA territories. Beginning with a drive to access runner-reach, a geo-targeted social media burst and digital ads will highlight the benefits of ...
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News briefs
Capri raises FY guidance
Capri Holdings, the luxury goods conglomerate that owns Versace, Jimmy Choo and Michael Kors, has raised its fiscal 2022 revenues and adjusted earnings per share guidance. The company now expects full-year revenues to be about $5.15 billion compared to a previous guidance of $5.10 billion, primarily reflecting better-than-anticipated fiscal first-quarter ...
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News briefs
EU maintains personal data transfer to the U.K.
The European Union is maintaining the transfer of personal data to the U.K. despite the fact that the country left the union, thanks to the adoption of two adequacy decisions for the U.K. The European Commission said that the U.K. has fully incorporated the principles, rights and obligations of the ...
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News briefs
Colosseum’s inside restored thanks to Tod’s
The underground tunnels of Rome’s Colosseum, known as the hypogeum, have been restored thanks to funds provided by the Italian footwear company Tod’s. “This startling new view of the hypogeum is testimony to all that happened under the amphitheatre’s great arena from its inauguration in 80 AD up to the ...
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News briefs
Allbirds reportedly files for IPO
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has filed for a confidential initial public offering (IPO), according to WWD. A confidential IPO filing allows a company to keep details of its business performance and of the terms of the transaction secret until 15 days before the ...
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News briefs
Dune London opens a store at Edinburgh’s St James Quarter
Dune London has opened a 1,689 square foot store in St James Quarter, Edinburgh’s new lifestyle district. The shop will showcase the brand’s women’s, men’s and accessories collections and include new “unique premium features.” “Edinburgh is a top location for Dune London. The impressive St James Quarter I’m sure will ...
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News briefs
Superga picks Lena Gercke as brand ambassador in Germany
Superga, the Italian brand known for its cotton canvas sneaker, said that the German top model and TV presenter Lena Gercke will be its brand ambassador in Germany for the summer 2021 collection. As the face of the campaign, she selected four styles in light and natural tones, also personally ...
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News briefs
Safety Jogger signs 3-year sponsorship with cycling team
Safety Jogger, a brand of safety shoes and equipment owned by the Belgian footwear trading company Cortina, has signed a three-year sponsorship deal with the Deceuninck-Quick Step cycling team. The partnership will run from 2022 to 2024 and the brand’s logo will be one of the official shirt sponsors of ...
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News briefs
French National Leather Council re-elects Frank Boehly as president
The French National Leather Council (Conseil National du Cuir or CNC) has re-elected Frank Boehly as its president, a position he has held since 2014. CNC is an umbrella organization for the French leather industry, grouping 21 federations or professional unions ranging from livestock farming to the distribution of finished ...
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News briefs
Rohde Shoes appoints new key account manager
German shoemaker Rohde has expanded its sales team by appointing Timo Schmermund as key account manager, a position that had long been vacant. He will take up his new post on July 1. Boasting nearly 25 years of experience in the footwear industry, the 46-year-old previously worked for the ...
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News briefs
La Sportiva opens store in Cortina
La Sportiva has opened a new store in Cortina d’Ampezzo, in the heart of the Dolomites. It is the 11th brand store La Sportiva in Europe. The store, located at Corso Italia 198, sells products for both winter and summer sports, including climbing, trail running, mountaineering and trekking. In addition ...
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News briefs
Lectra buys Neteven to boost e-commerce solutions
Lectra, a French company that produces laser cutting machinery used by shoemakers, has agreed to buy the entire capital and voting rights of Neteven, a French firm which enables brands to automate and facilitate distribution on online marketplaces. Under the deal, Lectra will initially buy 80 percent of Neteven’s capital ...
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News briefs
Pioneering footwear designer Armando Pollini dies at 85
Armando Pollini, a veteran footwear designer and entrepreneur, the founder of Armando Pollini Design and an avid experimenter who created many iconic shoe models, died of a heart attack on June 18 at the age of 85. Born in the Italian town of Vigevano, near Milan, in 1935, Pollini ...
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News briefs
Goat Group more than doubles in value
The sneaker market is red hot, particularly online. The Goat Group more than doubled its valuation to $3.7 billion in its latest round of financing from $1.8 billion in the previous one last September. The proceedings from the $195 million financing round will be used to add new hubs in ...
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News briefs
Skechers opens a flagship in Berlin
Skechers USA is building up its own network of mono-brand stores in Europe strongly. After setting up a flagship store in Munich last year, it is opening another flagship of 1,000 square meters in a very central area of Berlin. Located on the Tauentzienstrasse in front of the Kaiser-Wilhlem-Gedächtnis Church ...
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News briefs
Mariano Shoes opens a store in Lisbon
The Portuguese shoemaker Mariano Shoes has opened its first store. The 60-square-meter shop is located in Lisbon and the company plans to open at least two more stores. Fátima Oliveira, the executive director of the company founded in 1945 in São João da Madeira, explained that the brand aims to ...
