Latest News Briefs – Page 242
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News briefs
Endless, which acquired Jones Bootmaker in March, has closed nine...
Endless, which acquired Jones Bootmaker in March, has closed nine of its stores and is considering up to ten more closures, according to Drapers. Endless had bought only 72 of the British shoe retailer's stores. The remaining 25 stores, plus six concessions, were closed down.
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News briefs
Customers can sample a local craft beer while shopping at...
Customers can sample a local craft beer while shopping at the new Timberland specialty concept store. Called The Timberland Tree Lab, the store recently opened in the King of Prussia Mall in Pennsylvania, the second-largest shopping mall in the U.S. The experimental store features carefully curated collections and brand stories ...
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News briefs
Lloyd has given a more modern look to its store...
Lloyd has given a more modern look to its store in Düsseldorf's Kö Galerie, as it is doing with six other stores and various showrooms this year. Meanwhile, the expansion of Lloyd in China is continuing with the opening of two new concept stores in Beijing. As reported in Shoe ...
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News briefs
Replay has ambitious plans to expand internationally and will reportedly...
Replay has ambitious plans to expand internationally and will reportedly open 150 mono-brand stores in China over the next five years. According to reports in Drapers, the premium denim brand will initially focus on Tier 1 cities, before widening its focus into China's Tier 2 cities. The brand entered the ...
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News briefs
As predicted, Zalando's growth softened in the second quarter, rising...
As predicted, Zalando's growth softened in the second quarter, rising by 20.1 percent to €1.1 billion, but the company is hoping to hit the upper range of the forecast of 20 to 25 percent for the full financial year. The operating margin (Ebit) declined by 1.4 percentage points to 7.4 ...
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News briefs
Leder & Schuh reports a 3.6 percent decline in its...
Leder & Schuh reports a 3.6 percent decline in its net sales to €298.6 million for 2016, including revenues of €213.4 million from its domestic Austrian market. However, a major reduction in wages, marketing expenses and other operating costs allowed the parent company of the Humanic and Shoe4You retail chains ...
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News briefs
The net profit of Italy's Aeffe Group surged by 214...
The net profit of Italy's Aeffe Group surged by 214 percent to €4.6 million in the first half while its total sales grew by 8.8 percent to €150 million, with an 8.6 percent rise in constant currencies. The growth in turnover was driven by an increase of more than 18 ...
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News briefs
Luxury companies can block online sales. This is emerging in...
Luxury companies can block online sales. This is emerging in the unfolding of the dispute between the German unit of Coty, the U.S. maker of beauty products, and Parfümerie Akzente, Coty's distributing partner in Germany, which sells Coty's products on e-commerce sites including Amazon against Coty's wishes. Coty had asked ...
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News briefs
A district court judge in Oregon has let a lawsuit...
A district court judge in Oregon has let a lawsuit by Adidas against Skechers over its Stan Smith shoe go to trial, denying a request by Skechers to overrule the claims. He has accepted most of the claims, though not all of them. In the case, Adidas sued Skechers in ...
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News briefs
Vietnam's National Wage Council has decided to raise the minimum...
Vietnam's National Wage Council has decided to raise the minimum wage in the country by 6.5 percent in 2018, representing the smallest increase in 11 years. It will grow to the equivalent of between US$121 and US$175 depending on the region. Vietnam's Labor Confederation had requested an increase of 13.3 ...
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News briefs
The Footwear Distributors & Retailers of America (FDRA), in partnership...
The Footwear Distributors & Retailers of America (FDRA), in partnership with Elevate Global, has developed a new factory wage map to help footwear firms track in real time Chinese wage rates by city and province. The tool is meant to help footwear companies get better insights on matters related to ...
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News briefs
Cleto Sagripanti was unanimously re-elected to a second two-year term...
Cleto Sagripanti was unanimously re-elected to a second two-year term as president of the European Confederation of the Footwear Industry (CEC) at its general assembly in Venice on June 29. The Italian entrepreneur, who previously headed up the Italian shoe industry association, Assocalzaturifici, wants to continue to promote the digitalization ...
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News briefs
Politecnico Calzaturiero in Padua, Italy, has recently hosted a group...
Politecnico Calzaturiero in Padua, Italy, has recently hosted a group of 14 designers and footwear technicians from five European countries for a two-week pilot training in luxury footwear manufacturing. The program was made possible by the High End Shoe (HES) project, funded by EU's Erasmus+. Participants from Italy, France, Spain, ...
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News briefs
Assomac, the Italian association of manufacturers of footwear, leather goods...
Assomac, the Italian association of manufacturers of footwear, leather goods and tanning technologies, has opened the first Italian-Vietnamese Technology Center in Vietnam. The primary objective of the center is to further develop the local footwear industry. Meanwhile, the center features a complete line of Italian machinery and equipment for footwear ...
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News briefs
Florsheim has gone retro as part of its 125th anniversary...
Florsheim has gone retro as part of its 125th anniversary celebrations this year. Founded in Chicago by Milton Florsheim in 1892, the company is reviving its Ascot styles from 1907 with a series of limited-edition collections. The shoes have been updated with a modernized toe, but all original details have ...
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Have we hit the peak for Birkenstock? The traditional sandal...
Have we hit the peak for Birkenstock? The traditional sandal just received another boost after Kirna Zabeta had its way with the footwear. Inviting celebrities and journalists to an organic dinner, Birkenstock has just announced a collaboration with the luxury boutique in New York. The result: a pink and red ...
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News briefs
Lelli Kelly is looking to make a comeback in the...
Lelli Kelly is looking to make a comeback in the North American market after being essentially dormant there for a number of years. The Italian children's shoe brand has announced a licensing agreement with North American Shoe, based in North Providence, Rhode Island, to relaunch the brand within the U.S. ...
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News briefs
Crocs is partnering again with Christopher Kane, the Scottish fashion...
Crocs is partnering again with Christopher Kane, the Scottish fashion designer, for the creation of a second limited-edition range of Classic Clogs. The Christopher Kane x Crocs collection comes in four color options: avocado, honey, ochre and black. The clogs feature a tiger print, an ostrich feather, floral Jibbitz adornments ...
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News briefs
More and more men are making a fashion statement all...
More and more men are making a fashion statement all over Europe by wearing colorful sneakers under formal suits, and even tuxedos. Henry Poole, a highly reputed men's tailor on London's Savile Row, has teamed up with Adidas Originals to create two styles of sneakers. The limited edition will be ...
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News briefs
Skechers has announced a partnership with Camila Cabello on a...
Skechers has announced a partnership with Camila Cabello on a new global marketing campaign. The Cuban-born American singer and songwriter will be the face of Skechers' women's footwear category. The campaign, which will appear in Spanish and English, is scheduled for launch later this month. Cabello, who is 20, started ...
