Latest News Briefs – Page 5
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News briefs
Lanvin Group names a new CFO
Lanvin Group appointed Jiyang Han as Chief Financial Officer, effective Nov. 1. In this role, Han will oversee the Chinese luxury goods’ financial affairs, including financial planning and analysis, accounting and controllership, financial management, treasury, investment and financing projects and investor relations. Han brings nearly two decades of ...
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News briefs
Ermenegildo Zegna’s sales trend improves in Q3
In the third quarter of 2025, Ermenegildo Zegna registered an improvement in its sales trend thanks to the direct-to-consumer channel. The Italian fashion house posted revenues of €398.2 million, up by 0.2 percent year-over-year, with organic growth of 3.6 percent. “Q3 2025 group revenues showed an acceleration in the direct-to-consumer ...
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News briefs
Hermès’ revenues driven higher by leather goods
Hermès reported sales of €3.881 billion euros in the third quarter of 2025, up by a reported 4.8 percent compared to the year earlier and 9.6 percent higher at constant exchange rates. Sales growth in the third quarter was led by Hermes’ leather goods and saddlery business, where sales jumped ...
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Hermès appoints Grace Wales Bonner as Creative Director of men’s ready-to-wear
Hermès has appointed Grace Wales Bonner as Creative Director of men’s ready-to-wear. She will present her first collection for the French fashion house in January 2027. The announcement comes after Hermès said that Véronique Nichanian, Artistic Director of Hermès Men’s Universe, is leaving and will present her last collection for ...
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News briefs
Sneaker and sports apparel giants lag in digital performance
Catchpoint’s 2025 Athletic Footwear & Apparel Website Performance Benchmark Report uncovers alarming gaps in digital experience across major sportswear brands. The report finds that Nike and Adidas rank among the worst in user experience metrics, bleeding up to $425 million annually due to site failures, slow page loads, and reliability ...
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News briefs
ANWR launches new sport & lifestyle trade show
The ANWR Group is introducing a new trade fair format, ANWR Order Sport & Lifestyle, designed to meet the evolving needs of retailers and suppliers in the sports and footwear sectors. The inaugural event will take place from Nov. 23 to 25, 2025, at the ANWR Campus in Mainhausen, marking ...
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News briefs
Zalando expands AI powered discovery feed to more markets
Zalando has announced that its AI-powered discovery feed, designed to make shopping more immersive and entertaining, will be expanded to 16 additional markets. The multi-brand fashion e-tailer has also simultaneously announced that it is gradually rolling out the option of a public customer profile, which will give customers the possibility ...
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News briefs
Eqwal buys Reed Medical
Eqwal, a French provider of custom orthopedic prosthetics, has acquired all the shares in Reed Medical, a British provider of bespoke footwear to the National Health Service in England and private market in the UK. No financial details were released. “This acquisition marks an exciting new chapter for Reed and ...
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News briefs
Manolo Blahnik opens a store in Milan
Manolo Blahnik opened its first store in Milan. The 300-square-meter shop is located in Via Pietro Verri 5 and is the brand’s largest in Europe. The company’s CEO, Kristina Blahnik, told FashionNetwork.com that the luxury footwear brand expects to close 2025 with a 5 percent increase in revenues from the ...
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News briefs
China’s footwear exports decline slightly in volume
China exported more than 5.1 billion pairs in the first seven months of 2025, down by 0.7 percent year-over-year, generating $25.6 billion in revenues, down by 7.3 percent, according to the China Leather Industry Association. Exports of leather footwear accounted for 300 million pairs and almost $4.4 billion in value.China ...
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News briefs
Luxome enters the footwear segment with a slipper launch
Luxome, a US luxury comfort brand, announced its “first foray” into footwear with the launch of the Signature Slipper for men and women. The slipper is available in four neutral tones – chestnut, walnut, birch and ash – for $175 exclusively at luxome.com. “Over three years in the making, the ...
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News briefs
Italian court appoints an expert for Aeffe and Pollini’s negotiated settlement procedure
The Chamber of Commerce of Romagna Forlì-Cesena and Rimini appointed on Oct. 8 Riccardo Ranalli as the expert to reach a negotiated settlement for the financial crisis affecting the Italian luxury goods company Aeffe and its footwear unit Pollini. On Oct. 10, Aeffe filed a petition with a court in ...
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News briefs
LVMH sees improving sales in Q3
LVMH’s fashion and leather goods division posted revenues of €29.922 billion in the first nine months of 2025, down by a reported 8 percent year-over-year and down by 6 percent organically. In the sole third quarter, the division’s revenues fell by an organic 2 percent. Sales for the whole French ...
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News briefs
Geox appoints a new commercial and marketing head
Geox appointed Francesco Santachiara as Chief Commercial, Marketing and Merchandising Officer in September. He was previously Global Head of Wholesale for one year at the Italian footwear company. Prior to joining Geox, Santachiara worked for a decade at L’Oréal and for nine years at Luxottica. The appointment comes after Geox ...
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News briefs
Ross Stores completes store openings for fiscal 2025
Ross Stores opened 36 Ross Dress for Less and four dd’s Discounts stores across 17 different states in September and October. “These new locations complete the company’s store growth plans for fiscal 2025, with the addition of 90 new locations throughout the year,” said the US off-price apparel and home ...
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News briefs
Staray and Jo System join forces
Staray, a Chinese brand of 3D-printed footwear, set up with Jo System, an Italian provider of milling and lasering solutions, the Staray & Jo System Joint Design and Production Center, a research and development hub that “infuses technology into design and empowers design with the innovation of technology,” the ...
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News briefs
Fendi hires Maria Grazia Chiuri as Chief Creative Officer
Fendi, the Rome-based fashion house owned by the French group LVMH, has appointed Maria Grazia Chiuri as Chief Creative Officer. She will present her first collection, for the fall/winter 2025-2027 season, in Milan in February. “Maria Grazia Chiuri is one of the greatest creative talents in fashion today, and I ...
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News briefs
Frasers buys a majority stake in The Webster
Frasers has acquired a majority stake in The Webster, a Miami-based luxury retailer. The move marks another step in the British group’s strategy to expand its presence in the luxury and premium retail space, complementing its Flannels division. The financial terms of the transaction were not disclosed. Laure Hériard ...
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News briefs
Cesare Paciotti dies at 69
Cesare Paciotti, the Italian footwear designer and businessman, died on Oct. 12 at age 69 in his home in Civitanova Marche, in the Marche region. In 1980, Paciotti and his sister, Paola, who had taken over the family footwear business that had been created in 1948 by their father Giuseppe, ...
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News briefs
Global sustainable footwear market forecast reaching $15.9bn by 2032
The Indian market intelligence firm Credence Research projects the global sustainable footwear market will expand from $10.33 billion in 2024 to $15.9 billion by 2032, representing a compound annual growth rate (CAGR) of 5.6 percent. The study spans both athletic and non-athletic footwear segments and outlines how shifting consumer behavior, ...
