Latest News Briefs – Page 214
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News briefs
Clarks plans to open its first logistics center on continental...
Clarks plans to open its first logistics center on continental Europe. The company's new logistics center, covering 10,000 sqm is tentatively scheduled to be opened by the spring of 2020 in Krefeld, Germany. From there, Clarks aims to deal with orders from European wholesale clients and shoe retailers as well ...
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News briefs
Globus, the Swiss department store chain that belongs to the...
Globus, the Swiss department store chain that belongs to the Migros cooperative, has agreed to take over the Navyboot brand and some of its stores in Switzerland and Germany, with effect from next Jan. 1. The terms of the transaction have not been disclosed. Five years ago, Globus acquired Schild, ...
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News briefs
The Vivarte group confirmed earlier this month the sale of...
The Vivarte group confirmed earlier this month the sale of Besson Chaussures to Weinberg Capital Partners, a French investment fund, and to the Philippe Ginestet group, which owns the low-price Tati apparel stores among other retail assets. Besson has been a wholly-owned subsidiary of Vivarte since 1998 and posted revenues ...
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News briefs
Following the vertical integration strategy of Hermès Louis Vuitton, Chanel...
Following the vertical integration strategy of Hermès Louis Vuitton, Chanel has taken full ownership of two tanners to better secure the supply of high-quality leather, especially for its handbags and other leathergoods. One of them is a Spanish tannery, the Colomer Leather Group. Its revenues had fallen sharply in recent ...
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News briefs
Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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News briefs
Moritz Hamm assumed on Aug. 1 the position of chief...
Moritz Hamm assumed on Aug. 1 the position of chief executive of Hamm Market Solutions, the German-based footwear licensee for Gant and previously also for Napapijri. He has been a member of the executive board for four years. In his new position as CEO, he succeeds his father, Hans-Peter Hamm, ...
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News briefs
Benjamin Krümel, 38, assumed this week the position of international...
Benjamin Krümel, 38, assumed this week the position of international chief procurement officer at Deichmann. He will also be a member of Deichmann's executive board, and he will be supporting the company's internationalization. Krümel worked previously as vice president of Zalando in charge of men's products. He joined Zalando as ...
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Vivarte has announced the appointments of Benoît de Roux and...
Vivarte has announced the appointments of Benoît de Roux and Noël Moussali as the group's financial director and real estate director, respectively. De Roux, 58, started his career at Arthur Andersen, where he spent 15 years, three of which as associate director of the Corporate Finance branch. He then joined ...
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News briefs
Görtz, the big German shoe retailer that recently changed ownership...
Görtz, the big German shoe retailer that recently changed ownership and management, is expanding its omnichannel activities by launching a so-called “ship-from-store” service. The inventories of its physical stores are integrated with Görtz' online store. In that way, the stores are also used as warehouses for online orders. Görtz already ...
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News briefs
Peter Kaiser, the German manufacturer of women's shoes, opened a...
Peter Kaiser, the German manufacturer of women's shoes, opened a new outlet store and adventure center, called “Werk 1,” at its headquarters in Pirmasens on Sept. 6. The new outlet store offers women's shoes, men's shoes, the Lurchi brand of children's shoes, and Falke socks as well as handbags on ...
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News briefs
Dogo, the Turkish shoe brand, is expanding its presence in...
Dogo, the Turkish shoe brand, is expanding its presence in Germany by opening its second mono-brand store in the country in Cologne, after an opening in Berlin. Reportedly, Dogo plans to open additional mono-brand stores in Germany, at locations like Hamburg, Frankfurt and Munich. It already has stores in Turkey, ...
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News briefs
Allbirds has opened its first New York flagship. The 4,800-square-foot...
Allbirds has opened its first New York flagship. The 4,800-square-foot store of the eco-friendly footwear firm, headquartered in San Francisco, is located at 73 Spring Street, in NYC's SoHo area. The store reflects the new retail strategy that the company is planning to roll out in a number of new ...
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News briefs
Eytis has opened a store with a minimalistic decor of...
Eytis has opened a store with a minimalistic decor of about 100 square meters on Brewer Street in London, close to iconic streetwear brands like Supreme and Stüssy. Founded five years ago, the Swedish footwear brand reportedly became famous for its “Mother” sneaker, made with suede and rubber. It launched ...
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News briefs
The growth of the footwear market is expected to drop...
The growth of the footwear market is expected to drop to 5 percent this year from 8 percent in 2017, according to Mintel. Peaking at 12.1 percent in 2014, the market’s growth has been mainly fueled by sneakers, according to the market research company, which sees it rising further to ...
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News briefs
Skechers USA and three of its top executives including the...
Skechers USA and three of its top executives including the company's founder, Robert Greenberg, are the targets of a class action suit by shareholders who claim that they were not told the whole story about certain foreseeable logistic costs in China. They also allege that Greenberg sold a considerable number ...
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News briefs
Argentina has issued new labeling requirements for footwear sold in...
Argentina has issued new labeling requirements for footwear sold in the country that update existing legislation. The new requirements will enter into effect on Feb. 6, 2019. Among these, all footwear must be labelled with the importer's or producer's name and tax identification, or alternatively with a duly registered commercial ...
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News briefs
Schuhe24, the online marketplace for independent shoe retailers, will launch...
Schuhe24, the online marketplace for independent shoe retailers, will launch its first private label for women, called Franz Ferdinand, in time for the spring/summer 2019 season. Consumer prices for the collection, which is made up of 50 shoe models, including fashion and comfort shoes, range from €40 to €90. In ...
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Prada has revived its Linea Rossa collection of sports clothing...
Prada has revived its Linea Rossa collection of sports clothing and footwear, first launched in 1997, putting its thin red line on more competitively priced and more contemporary garments with high-tech features for a younger clientele. Some of the items are meant for skiing and or snowboarding. The collection is ...
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News briefs
Vans is partnering with Wrangler for a pair of denim...
Vans is partnering with Wrangler for a pair of denim jeans, a jacket, a skirt and a backpack, which is now available on Wrangler's e-commerce site. Both brands belong to VF Corporation, which recently announced its decision to create a separate structure for its denim brands.
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News briefs
Puma has teamed up with Karl Lagerfeld to create an...
Puma has teamed up with Karl Lagerfeld to create an exclusive capsule collection featuring items for both men and women. The focus of the collection is Puma's Suede 50 sneaker, which celebrates its 50th anniversary this year. The collaboration on the shoe has resulted in two different unisex styles inspired ...
