Latest News Briefs – Page 2
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News briefs
Pantone names Cloud Dancer as 2026 color of the year
Pantone has revealed its 2026 colour of the year: Cloud Dancer, a soft white hue described as “billowy” and “balanced”. The announcement marks the first time the colour authority has selected white since it began naming annual trend-setting shades in 1999. According to the Pantone Colour Institute, Cloud Dancer represents ...
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Decathlon to launch Kiprun in the US
Decathlon will introduce its running brand Kiprun to the US market in April 2026, with initial distribution through specialty partners such as Running Warehouse and Run Moore. Lynsey Lambert, GM of wholesale for the Americas, will oversee the rollout. The lineup will launch with three franchises: Kipride for everyday ...
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News briefs
Klarna rolls out Tap to Pay
Klarna on Dec. 3 introduced Tap to Pay, a new in-store checkout feature that allows consumers in 14 European countries to make contactless purchases directly through the Klarna app. The launch turns the app into a full NFC-enabled wallet, enabling users to pay in debit mode or set up flexible ...
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HongShan Capital reportedly makes €2.5bn offer for Golden Goose
The Chinese fund HongShan Capital has made a €2.5 billion offer to buy Golden Goose, with the objective of signing a deal by Christmas, according to the Italian daily La Repubblica. If confirmed, the transaction would mark the fifth change of ownership in 12 years for the Italian sneaker ...
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News briefs
Thirtheen brands asked to provide supply chain information to the Italian police
The Italian police visited 13 brands and asked them to provide documentation regarding their governance and the control of their supply chains as part of an investigation into alleged worker abuse at subcontractors, the Reuters news agency reported citing judicial documents. The companies concerned are Dolce & Gabbana, Versace, Prada, ...
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News briefs
Giseli Dias enter retail partnership with Printemps New York
Giseli Dias started an exclusive retail partnership with Printemps New York. The initiative marks a “major milestone in the brand’s international growth,” the Brazilian luxury footwear brand commented. The brand is available at Printemps New York since Dec. 2 with additional styles and seasonal activations anticipated for 2026. Founded in ...
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News briefs
Turkish inflation falls to four-year low
In November, Turkish consumer prices rose by 31.07 percent year-over-year, against 32.87 percent in October, the lowest level in four years, according to the statistics office Tuik. Month on month, inflation stood at 0.87 percent. However, independent economists at the Inflation Research Group (ENAG) claim that official data underestimates inflation ...
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News briefs
Luxury goods market seen rebounding in 2026
UBS believes that the luxury goods sector could enjoy an average organic sales growth of 5 percent in 2026 thanks to creative shifts and improving demand trends. “We are entering 2026 hopeful that the worst is over,” the Swiss bank said, after a consistently cautious stance on the sector since ...
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News briefs
LVMH names a new head for its Fashion Group business
LVMH has appointed Pietro Beccari as Chair and Chief Executive Officer of LVMH Fashion Group. Beccari will replace Sidney Toledano who decided to step down after more than 30 years working with LVMH’s Chairman and CEO, Bernard Arnault. Beccari will combine his new responsibilities with those of Chair and CEO ...
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News briefs
NNormal launches a shoe take-back and recycling program
NNormal, the trail running and hiking brand founded in 2022 by Kilian Jornet and Camper, has launched Take Back Box, a free collection and recycling initiative for NNormal shoes at the end of their lifecycle. The program allows customers to return worn footwear either at selected retail locations or via ...
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News briefs
UK scraps tariff exemption for low-value goods as EU accelerates similar reforms
The UK government will abolish its £135 tariff exemption for low-value imports, a measure expected to level the playing field for domestic retailers. The EU is fast-tracking similar reforms, signaling a major shift for cross-border e-commerce and sporting goods brands. The British finance minister, Rachel Reeves, confirmed plans to scrap ...
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News briefs
Boohoo sees better FY earnings as brands return to profit
Boohoo expects an improvement in full-year earnings as its turnaround plan picked up momentum - despite a fall in sales at some of its largest brands. The British online fashion retailer forecast full-year Ebitda of £45 million (€51.38m), compared to £41.6 million last year. In fiscal 2027, Ebitda is expected ...
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News briefs
German consumer confidence improves ahead of Christmas
German consumer confidence is estimated to have improved in December rising to -23.2 from -24.1 in November, according to the GfK Consumer Climate, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). The November reading was not revised. “With the stabilization, the consumer climate is currently almost ...
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News briefs
German GDP growth flat in Q3
In the third quarter, German gross domestic product (GDP) was flat compared with the previous quarter on a price, seasonally and calendar adjusted basis, according to the statistics office Destatis. Year on year, GDP rose by 0.3 percent both on a price-adjusted basis and on a price- and calendar-adjusted basis. ...
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News briefs
Next to increase its special dividend after a land sale
Next plans to increase its previously mentioned special dividend of about £3.10 (€3.5) per share by 45 pence (€0.51) after generating net cash proceeds of £54.1 million (€62m) from the sale of land near Waltham Abbey, England. In 2021, Next purchased land near Waltham Abbey with the intention of ...
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Zegna reshuffles is top management
Ermenegildo Zegna has tapped Gianluca Tagliabue, currently group Chief Financial Officer and Chief Operating Officer, as CEO following a succession planning process carried out by the board of the Italian fashion house. The appointment and other elements of a new leadership structure will go into effect on January 1. Among ...
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News briefs
Boot Barn's store network exceeds 500 locations
Thanks to several store openings in November, Boot Barn’s network has exceeded 500 locations. The US footwear chain passed the 500 threshold following openings in Killeen, Texas; East Peoria, Illinois; Phoenix, Arizona; Deptford, New Jersey; Indio, California; Chandler, Arizona; and the return to Huntington Beach, California, where the very ...
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News briefs
Mexican government to support the local textile and footwear industry
The Mexican government has presented a stimulus plan for the textile and footwear industry in order to recover about half of the 100,000 job the sector has lost to foreign competition. Through an agreement with the Spanish bank BBVA and Mexico’s development bank Nacional Financiera (Nafin), the government aims ...
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News briefs
French footwear sales rebound in October
In October, French footwear retail sales rose by a seasonally and working-day adjusted 2.2 percent month-on-month, rebounding from a 2.4 percent decline in September, according to the Bank of France. Overall retail sales in France rose a seasonally and work-day adjusted 0.3 percent from September, when there was a slight ...
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News briefs
Haglöfs appoints a new CEO
The Swedish outdoor specialist Haglöfs has made further changes to its leadership team, appointing a new Chief Executive Officer shortly after reorganizing its sales structure in Southern Germany and Austria. Andreas Lorenz, previously Chief Commercial Officer, has been named CEO, succeeding Martin Daniels, who had taken up the role ...
