Latest News Briefs – Page 157
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News briefsEarth Shoes appoints Jocelyn Thornton VP of product and merchandising
Earth Shoes has appointed Jocelyn Thornton to the new post of executive vice president of product and merchandising and Fred Allard as creative director of product. Before joining Earth Jones, Thornton was senior vice president of creative and merchandising strategy at the fashion and retail consultancy Doneger Group for over ...
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News briefs
La Halle will know its buyer(s) on July 8
La Halle, currently in receivership, will know who are its buyer or buyers on July 8, according to its current owner Vivarte. La Halle received 25 bids for its assets, which represent a significant part of its activity. A Paris-based commercial tribunal will decide to whom the assets will be ...
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News briefs
Marypaz to lay off staff, close stores in Spain
Marypaz, the Spanish maker and retailer of women’s shoes and accessories, is planning to lay off 170 employees, out of a total workforce of 600 as of Dec. 31, 2019, in an effort to limit the damages of the coronavirus crisis. According to reports in modaes.es, the company is also ...
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News briefs
Deckers appoints Victor Luis to its board
Deckers Brands has appointed Victor Luis to its board of directors to replace James Quinn, who has yielded the seat he gained in 2011. Luis was chief executive and a board member of the former Coach from 2014 to 2019, during its transition to a new name: Tapestry. The company ...
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News briefs
LVMH saw ‘rather vigorous’ signs of recovery in June
The French luxury goods group LVMH says that it does not have a timeframe for when its business will return to normal but it noted “rather vigorous” signs of recovery in June. Speaking at the group’s annual general meeting, its chairman and chief executive Bernard Arnault warns that second-quarter results ...
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News briefs
Kering to create testing laboratory in Tuscany
The French fashion group Kering is setting up a Test & Innovation Laboratory (TIL) in Prato, Tuscany. It will provide chemical and other tests on products and raw materials for apparel, leathergoods, footwear, eyewear, watches and jewelry. It is scheduled to start operating in the first half of 2021. TIL ...
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News briefs
Farfetch sees Q2 GMW up 25-30% to $605-630 million
The British fashion e-tailer Farfetch expects gross merchandise value (GMV) on its digital platform to increase by 25-30 percent year-over-year in the second quarter and reach $605 million to $630 million. It noted that the acceleration in growth highlights the increase in adoption of “online luxury” by consumers, brands and ...
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News briefs
Golden Goose names Maureen Chiquet chair
Golden Goose has appointed Chanel’s former chief executive Maureen Chiquet as non-executive chairwoman, replacing Patrizio Di Marco. The announcement was made as the British private equity group Permira completed its previously announced acquisition of a majority stake in the Italian producer of upscale sneakers from its U.S. peer Carlyle, which ...
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News briefs
Amazon, Valentino file joint shoe counterfeiting suit
E-commerce giant Amazon and the Italian fashion group Valentino filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting the Valentino Garavani Rockstud shoes and selling them online. The lawsuit was Amazon’s first joint litigation with a luxury fashion brand and Valentino’s first with an online retailer. ...
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Amazon launches $2 billion fund to invest in decarbonization
Amazon has launched The Climate Pledge Fund to support the development of sustainable technologies and services that will enable the U.S. e-commerce retailer and other companies to meet a commitment to be carbon free, on a net basis, by 2040. The fund will have an initial $2 billion endowment and ...
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News briefsBreuer returns to Lorenz Shoe as global sales director for Högl
Högl Shoe Fashion, the Austrian shoe brand that is part of the Lorenz Shoe Group, has appointed Walter Breuer to the position of global sales director. As a new member of the company’s executive board, Breuer will support Gerhard Bachmaier and Patrick Lorenz, managing partners at Högl, from July 1. ...
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News briefs
Global children’s footwear market seen up annual 4% to 2024
The global market for children’s footwear is expected to grow by $8.65 billion between 2020 and 2024, representing an average annual increase of almost 4 percent, with the launch of exclusive designer footwear being instrumental in driving the market higher, according to the research and advisory firm Technavio. In a ...
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Riccardo Sciutto to head Cercal footwear school
Riccardo Sciutto, the chief executive of the Italian company Sergio Rossi, has been appointed president of the footwear school Cercal located in San Mauro Pascoli, in the Emilia Romagna region. He replaces Cesare Casadei, who oversaw the school for seven years. Massimo Pazzaglia, project manager of the company Giglioli Production, ...
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News briefs
Christian Prazzoli is the new CEO of Baldinini
The Italian high-end shoemaker Baldinini has appointed Christian Prazzoli as its chief executive, while the company’s previous helmsman, Gimmi Baldinini, will continue as chairman. The appointment comes after the Bologna-based company Finross, owned by the Rossetti family, earlier this year bought a 60 percent stake in Baldinini for €13 million ...
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News briefs
Obuv Rossii starts selling bicycles
As in many other countries, bicycles have become a hot commodity in Russia as an ecological alternative to public transport, in order to avoid contamination from the novel coronavirus, while keeping fit. Even a leading Russian footwear retailer, Obuv Rossii, has begun selling bicycles, handling after-sale servicing in its own ...
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News briefs
Spanish footwear employers, unions call for more help
The Spanish employers association Fice and the trade unions CCOO and UGT met on June 16 to analyze the impact of the Covid-19 pandemic on the footwear industry and have called on the authorities to help by extending the temporary lay-off mechanism ERTES at least until the end of the ...
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News briefs
Who’s Next confirms Sept show, adds digital platform
Although many summer and autumn trade shows have already been cancelled, the organizers of Who’s Next announced their intention to continue with the next edition of the French fashion show. They said that 80 percent of the buyers surveyed three weeks ago declared that they were still planning to ...
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News briefs
Crocs starts building a new European distribution center in Holland
Crocs has started building a 35,000 square meter distribution center in Dordrecht, in the province of South Holland in the Netherlands, which will become its main logistics hub in Europe. The new center is expected to open in April 2021 and create 200 to 350 jobs. The Amercian company known ...
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News briefsWortmann’s virtual Garda Days were a success
The Wortmann Group, one of Europe’s largest shoe companies, said that its first virtual trade show, called Garda Days, was very susscessful. Exceeding expectations, it attracted over 2,000 online visitors from 46 countries on June 17 and 18. More than 150 requests for appointments were made before the event for ...
