Latest News Briefs – Page 237
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News briefs
Toms has hired John Whitledge as its new creative director....
Toms has hired John Whitledge as its new creative director. Whitledge is the co-founder of the Trovata fashion brand, which he launched in 2002 with three college buddies, Josia Lamberto-Egan, Sam Shipley and Jeff Halmos. Trovata won the CFDA/Vogue Fashion Fund in 2005. In his new role at Toms, he ...
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News briefs
Steve Harden has been appointed president for Supra Footwear and...
Steve Harden has been appointed president for Supra Footwear and KR3W Denim, two brands owned by K-Swiss Global Brands (KSGB). He takes over from Robert Capener and reports to Philipp Jeong, chief executive and president at KSGB. Harden has spent many years in the industry, with functions including vice president ...
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News briefs
Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce...
Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce the Havaianas brand to the local retail market. Alpargatas Argentina is looking to invest the money over a three-year period, first by introducing the brand in retail chains and then later by opening mono-brand stores. Alpargatas Argentina is the local ...
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News briefs
A well-established German internet retailing platform, Schuh24, to allow its...
A well-established German internet retailing platform, Schuh24, to allow its retail members to offer shoes for sale online. More than 1,800 shoe retailers are affiliated with GMS, including more than 1,000 in Germany. Schuh24 acts as a marketplace for about 500 shoe shops. The move follows the successful launch of ...
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News briefs
Snipes is continuing its aggressive expansion with the opening of...
Snipes is continuing its aggressive expansion with the opening of a 400-square-meter store in the fashionable shopping strip of Tauentzienstr in Berlin and another in the city's Gropius Passage. The company also opened a store in Zurich on Oct. 19 and another in Madrid the next day. Snipes is part ...
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News briefs
Shoepassion, a multichannel shoe retailer based in Berlin, has opened...
Shoepassion, a multichannel shoe retailer based in Berlin, has opened its first brick-and-mortar store in Austria. Located in one of the most historic squares in Vienna, the store strengthens the brand's local presence, which until now had only been served by an e-tail website shoepassion.a. The store occupies 65 square ...
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News briefs
Marc Shoes has opened a directly operated store of 100...
Marc Shoes has opened a directly operated store of 100 square meters in Berlin, where customers can order a shoe that is not available in their sizes for delivery the next day. The store also offers models from the 1885 styled by Berkemann collection of clogs and pumps. Meanwhile, retailers ...
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News briefs
Groupe Royer is seeking to revive the venerable Charles Jourdan...
Groupe Royer is seeking to revive the venerable Charles Jourdan brand, for which it has the rights all over the world except in the U.S., by opening a flagship store of 130 square meters on Place de la Madeleine in Paris, not far from the first store that the brand ...
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News briefs
Prada has opened a painstakingly restored Shanghai mansion, Villa Rong...
Prada has opened a painstakingly restored Shanghai mansion, Villa Rong Zhai in the Jing'an District, as a cultural center that will host an ever-changing lineup of art exhibitions, shows and events. Prada generated sales of more than €300 million in China in the first half of the current financial year ...
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News briefs
DSW is experimenting with the possible addition of a rental...
DSW is experimenting with the possible addition of a rental service at some of its stores. The service offered by the U.S. retail chain would involve shoes for special occasions such as weddings, promotions and other events.
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News briefs
JD.com, one of the largest e-tailers in China, has unveiled...
JD.com, one of the largest e-tailers in China, has unveiled a new luxury e-commerce platform for affluent Chinese consumers, called Toplife. So far, the luxury brands that have joined the platform include La Perla, Emporio Armani, Rimowa, B&O Play, and Trussardi. Others are expected to join shortly. JD.com said the ...
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News briefs
Beating analysts' estimates, LVMH reported a strong 14 percent increase...
Beating analysts' estimates, LVMH reported a strong 14 percent increase in total revenues to €30.1 billion for the first nine months of this year, with organic growth of 12 percent. In particular, its fashion and leathergoods division grew by 14 percent on an organic basis and by 21 percent including ...
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News briefs
Kering report another quarter of outstanding growth, posting a sales...
Kering report another quarter of outstanding growth, posting a sales increase of 23.2 percent for the third quarter, with a rise of 28.4 percent on a comparable basis. Gucci and other luxury goods operations enjoyed a sales increase of 26.6 percent, up by 32.3 percent on a comparable basis. Gucci ...
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News briefs
Kurt Geiger posted a 12 percent sales increase to £330...
Kurt Geiger posted a 12 percent sales increase to £330 million (€368.1m-$432.9m) for the financial year ended on Jan. 28, with same-store sale rising by 11 percent. E-commerce went up by 26 percent, representing 23 percent of the total turnover. Sales of luxury sneakers jumped by 48 percent. Ebitda advanced by ...
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News briefs
The German-based GMS buying group recorded a 2 percent increase...
The German-based GMS buying group recorded a 2 percent increase in retail sales to €273 million in the third quarter of 201. Positive business developments in France and the Netherlands and a strengthening in the home market of Germany underpinned the results. At the end of the third quarter, GMS ...
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News briefs
The growth trajectory of Yue Yuen has resumed in 2017...
The growth trajectory of Yue Yuen has resumed in 2017 with sales in the nine months to September having risen by 6.7 percent, compared with the increase of only 0.3 percent recorded in the first nine months of 2016. Yue Yuen, a subsidiary of the Pou Chen Group from Taiwan, ...
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News briefs
The figures in the casual footwear chart published in this...
The figures in the casual footwear chart published in this issue would have been different with the addition of Vans, a brand of skate and lifestyle shoes that is nearing an annual turnover of $2 billion. In its third-quarter report, VF Corporation said that Vans sales jumped by 26 percent ...
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News briefs
Another VF brand, Timberland, saw its revenues decline by 2...
Another VF brand, Timberland, saw its revenues decline by 2 percent in the third quarter, reflecting a shift in orders that reduced its global sales by an estimated 5 percent. Sales fell by 7 percent in the Americas and by 5 percent in Asia, but they went up by 3 ...
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News briefs
Santoni registered a 10 percent sales increase in the first...
Santoni registered a 10 percent sales increase in the first half of the year, driven by the positive performance of Europe and the U.S., its key markets. The company posted a 7 percent increase in 2016, with annual revenues reaching €75 million last year. The company has recently presented the ...
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News briefs
There is new evidence that the pace of growth is...
There is new evidence that the pace of growth is accelerating in China. The country's Gross Domestic Product (GDP) grew by 6.8 percent in the third quarter and was up by 6.9 percent for the first nine months of this year. That's well above the 6.5 percent growth target set ...
