Latest News Briefs – Page 182
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News briefs
A group of PETA (People for the Ethical Treatment of...
A group of PETA (People for the Ethical Treatment of Animals) supporters poured buckets of black “toxic slime” over their heads at London Fashion Week, to call attention to the harmful waste generated by the leather industry – represented by that “toxic slime.” Text on the buckets read “Dump Leather” ...
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News briefs
The United States Hide, Skin and Leather Association (USHSLA) has...
The United States Hide, Skin and Leather Association (USHSLA) has launched the U.S.' first traceability initiative for hides and skins, a voluntary certification program that will provide independently certified traceability back to an identifiable point of origin. The U.S. Department of Agriculture's Agricultural Market Service (USDA AMS) will conduct independent ...
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News briefs
Salvatore Ferragamo has received the SA8000 social accountability certification for...
Salvatore Ferragamo has received the SA8000 social accountability certification for all its Italian operations, which include its headquarters in Florence, its design lab in Osmannoro, near Florence, as well as its logistics hub and stores. The SA8000 standard measures social performance in eight areas of social accountability: child labor, forced ...
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News briefs
The wages and labor conditions in the leather footwear manufacturing...
The wages and labor conditions in the leather footwear manufacturing sector of the Tamil Nadu region, in India's South, are worse than those in the region's garment sector. According to a study funded by the Ethical Trading Initiative, entitled “Due diligence in Tamil Nadu leather footwear manufacture,” the sector suffers ...
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News briefs
Zalando is launching a four-week pilot project to introduce reusable...
Zalando is launching a four-week pilot project to introduce reusable packaging for its customer deliveries. The Berlin-based online retailer will ship deliveries to 10,000 customers in Finland, Norway, Sweden and Denmark in envelopes that can be used for shipments as well as returns in a bid to reduce packaging waste ...
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News briefs
Skechers is making a variety of claims on the sustainability...
Skechers is making a variety of claims on the sustainability of its packaging. Apparently, the Californian shoe brand has reduced the plastic in it by 85 percent and limited the plastic in its foot forms to 10 percent. All of this plastic is, with the right local infrastructure, recyclable. In ...
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News briefs
Euro Brand Management (EBM) has established a partnership with Climate...
Euro Brand Management (EBM) has established a partnership with Climate Partner of Munich. Based in Grünwald, Germany, and run by Luigi Grosso, EBM is a B-Corporation (subject to B-Lab's standards of corporate social responsibility and sustainability) that analyzes and reworks the supply chains of its clients, focusing on the supply ...
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News briefs
Veja has developed the “Condor,” a new running shoe that...
Veja has developed the “Condor,” a new running shoe that is said to be 53 percent bio-sourced. For the French company, known for its sustainable shoes and accessories, this is the first venture in the running market. The Condor is described as a “post-petroleum” running shoe. The shoe, which is ...
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News briefs
The Footwear Distributors and Retailers of America (FDRA) and TÜV...
The Footwear Distributors and Retailers of America (FDRA) and TÜV SÜD have updated the Global Footwear Product Safety Guide, which covers chemical and physical testing requirements as well as proposed protocols for shoes. The update is the result of the work of FDRA's Product Safety Enhancement Committee with several company ...
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News briefs
Velasca, a fast-growing Italian brand of shoes and leathergoods, has...
Velasca, a fast-growing Italian brand of shoes and leathergoods, has closed an investment round of €4.5 million, jointly led by P101 and Milano Investments. A pool of private investors also participated in the capital increase. The company, which gets its shoes made in the Marche region of Italy, will use ...
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News briefs
Patrick Puy, the president Vivarte, has indicated once again the...
Patrick Puy, the president Vivarte, has indicated once again the likelihood that its creditors will take over the embattled French retail group, whose only remaining assets are La Halle, Caroll and Minelli. The reason is that it will not be able to pay back loans of €300 million by the ...
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News briefs
Carlyle is believed to have hired Bank of America Merrill...
Carlyle is believed to have hired Bank of America Merrill Lynch to evaluate whether to sell Golden Goose, the Italian producer of upscale sneakers, or to list it on the stock exchange, according to the daily Il Sole 24 Ore. The company is expected to be worth about €1 billion ...
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News briefs
Cole Haan, the American footwear brand sold by the Nike...
Cole Haan, the American footwear brand sold by the Nike group to Apax Partners in 2013, is readying a public offering on the stock exchange, according to Bloomberg. The news agency reported that the company's revenues rose by 14 percent to €687 million in the financial year ended in June ...
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News briefs
The Alibaba Group, the owner of Tmall, is further extending...
The Alibaba Group, the owner of Tmall, is further extending its reach with the acquisition of Kaola from NetEase for the equivalent of $2 billion. Kaola is an internet platform specialized in selling foreign luxury goods and other premium products – such as watches, electronics, beauty products and wines – ...
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News briefs
Reschia Form, a Swedish brand of luxury women's shoes based...
Reschia Form, a Swedish brand of luxury women's shoes based in Stockholm, has gone into voluntary bankruptcy after a planned restructuring program failed, according to the Swedish trade magazine Habit. Andrea Reschia, who founded the brand in 2012, is hoping to find an investor.
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According to the online magazine TechCrunch, Atoms, a DTC (direct-to-consumer)...
According to the online magazine TechCrunch, Atoms, a DTC (direct-to-consumer) brand of shoes, has raised $8.1 million in Series A funding. The brand offers shoes in quarter sizes rather than full or half sizes and allows customers to purchase different sizes for each foot to ensure optimal fit. The funding ...
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News briefs
Toru, an autonomous robot that Zalando is using to pick...
Toru, an autonomous robot that Zalando is using to pick shoe boxes from the shelves of its warehouses, has completed its test phase at the German e-tailer's logistical hub in Erfurt, Germany. Next up are a pilot phase at the company's warehouse in Lahr and, if that is successful, deployment ...
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News briefs
Anbessa, an Ethiopian footwear manufacturer, has purchased at auction the...
Anbessa, an Ethiopian footwear manufacturer, has purchased at auction the defunct Habesha tannery in the Ethiopian city of Bahir Dar, some 500 kilometers north of Addis Ababa. The tannery produced crust for export from 2011 to 2019, when it ceased operation and was seized by banks. Anbessa says that it ...
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News briefs
Li & Fung has sold a 21.7 percent stake in...
Li & Fung has sold a 21.7 percent stake in its rather sophisticated LF Logistics business to a Singapore-based investment company, Tomaskek, for $300 million to help expand its operations in Asia and improve its own capital structure. The group saw its revenues decline by 8.4 percent on an organic ...
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News briefs
Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen...
Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen and Dupé, is selling its Argentinian subsidiaries for the equivalent of about €3.3 million. The deal follows an agreement that the Brazilian footwear manufacturer reached in September 2018 to sell 22.5 percent of the businesses behind its Topper brand, both ...
