Latest News Briefs – Page 9
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News briefs
Berkemann hires a new Brand Manager
The German comfort shoe manufacturer Berkemann Group has appointed Maximilian Krien as Brand Manager. He succeeds Michael Zoller, who had held the position since 2012 and will remain with the company in an advisory capacity. In his new role, Krien will focus on expanding brand visibility and international sales, the ...
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News briefs
Living Kitzbühel’s Managing Director resigns
Footwear professional, designer and entrepreneur Julian Hermsdorf has stepped down as Managing Director of the Austrian slipper brand Living Kitzbühel. In a statement, Hermsdorf cited ongoing structural challenges beyond his control as the reason for his decision. He is succeeded by Andreas Graf, who brings 32 years of experience ...
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News briefs
3G obtains regulatory clearance to buy Skechers
Skechers U.S.A., Inc. and 3G Capital published a statement that all necessary regulatory approvals have been received to proceed with 3G Capital’s acquisition of the California-based footwear and apparel brand. The transaction, disclosed in May, is expected to close on Sept. 12, 2025, subject to customary conditions. As part of ...
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News briefs
Crocs appoints a new CFO
Crocs has appointed Patraic Reagan as Executive Vice President and Chief Financial Officer, effective Sept. 22. He will succeed Susan Healy, who tendered her resignation on Aug. 28, effective immediately. Most recently, Reagan served as the Chief Financial Officer for SharkNinja, a global product design and technology company. Prior to ...
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News briefs
Frasers' chairman steps down
Frasers said that David Daly will be stepping down from the board at the company’s annual general meeting (AGM) on Sept. 24 after eight years in the group and will be succeeded as Chair by Jon Thompson on Sept. 1. Thompson has been a non-executive director at the British retailer ...
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News briefs
Alibaba’s revenues decline in Q1
Alibaba announced that revenues for the fiscal first quarter ended June 30, were up by 2 percent year-on-year to 247.652 billion yuan renminbi ($34.571 billion). Excluding revenues from the disposed businesses of Sun Art and Intime, like-for-like revenues for the Chinese e-commerce retailer increased by 10 percent. Diluted earnings per ...
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News briefs
DuPont sells Kevlar, Nomex businesses to Arclin in $1.8bn deal
DuPont has reached a definitive agreement to sell its Aramids business, which comprises the brands Kevlar and Nomex, to Arclin in a transaction valuing the business approximately $1.8 billion. The transaction is expected to close in the first quarter of 2026, it added. At close, DuPont will receive pre-tax cash ...
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News briefs
Baffin enters the hiking market
Baffin, a Canadian brand of high-performance footwear and apparel founded in 1979, has entered the hiking boot category with the launch of the Terrain Collection. The collection debuts with two styles, Bruce Mid for men and Elora Mid for women. “Entering the hiking category is a natural evolution for Baffin. ...
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News briefs
BasicNet’s revenues decline slightly in H1
BasicNet, which owns Kappa, Superga, Sebago and other brands, reported consolidated revenues of €172.6 million for the first half of 2025, down by 0.7 percent year-over-year. Ebitda dropped by 14.2 percent to €15.1 million. Aggregate brand sales for the Italian group grew by 4.3 percent to €567.1 million, with revenues ...
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News briefs
German consumer confidence worsens
German consumer confidence is expected to worsen for the third month in a row in September, dropping to -23.6, down 1.9 points from August, according to the GfK Consumer Climate powered by NIM, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). “The consumer climate is now ...
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News briefs
JD’s sales slip in Q2
JD Sports Fashion said that in the second quarter, or the 13 weeks to Aug. 2, sales fell by a like-for-like 3.0 percent to £3.106 billion (€3.601bn), but were up by 2.2 percent organically. In the first half, sales totaled £5.940 billion (€6.887bn), down a like-for-like 2.5 percent and up ...
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News briefs
Micam to hold a special exhibition to celebrate its 100th edition
On the occasion of its 100th edition, scheduled to take place Sept. 7 to 9 at the Fieramilano Rho exhibition center outside Milan, Micam will hold the exhibition “100 Steps into the Future.” The event will allow visitors to immerse themselves in the history of Micam and the evolution of ...
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News briefs
Hoka opens its first store in Germany
Hoka, a division of Deckers Brands, has opened its first own retail store in Germany. The new flagship location is situated on Berlin’s Kurfürstendamm, one of the capital’s most prominent boulevards, known for its mix of historic charm, luxury retail and cultural landmarks. The store is designed to reflect ...
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News briefs
Kenneth Cole launches a men’s footwear collection
Through a licensing agreement with Marc Fisher Footwear, the American fashion house Kenneth Cole has re-entered the men’s footwear segment with the launch of a fall 2025 collection. The 39-piece collection includes 17 items in the Kenneth Cole New York line and 22 in the Kenneth Cole Reaction line. The ...
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News briefs
US footwear sales down by 1% in first half
US footwear sales fell by 1 percent in value in the first half of 2025 compared with the same period in 2024, as unit sales dropped by 2 percent. The average selling price, however, was up by 2 percent year-over-year, according to a report released by the market intelligence firm ...
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News briefs
Manolo Blahnik’s 2024 sales down 19%
Manolo Blahnik reported that it posted a 19 percent drop in sales to €86.4 million in 2024, after suffering a 10 percent decline in 2023. Last year’s decrease was due to the company’s focus on direct-to-consumer (DTC) channels and macroeconomic headwinds. DTC sales grew by 13 percent to represent 32 ...
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News briefs
Debenhams obtains new £175m credit facility
Debenhams Group, the British online fashion retailer formerly known as Boohoo, said that it has completed a new three-year facility providing access to funding of up to £175 million (€202m). The new facility, which extends maturity to August 2028, replaces a previous £125 million revolving credit facility originally due to ...
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News briefs
Rudholm Group expands RFID capabilities in Los Angeles
The Rudholm Group, a global provider of labelling and packaging solutions, announced a “significant investment” in its Los Angeles facility to expand RFID (radio frequency identification) production. “This expansion reinforces the company’s commitment to providing locally produced, cutting-edge RFID solutions for the US market while driving innovation in the apparel ...
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News briefs
OrthoLite Vietnam wins a second consecutive Best Companies to Work for in Asia award
OrthoLite Vietnam (OVN), the Vietnamese arm of OrthoLite, a US manufacturer of open-cell foam insoles, has earned HR Asia’s top workplace award for the second consecutive year. Organized and presented by HR Asia, the Best Companies to Work for in Asia Awards evaluates and honors organizations with best practices in ...
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News briefs
Caleres partners with the buy now, pay later provider Afterpay
Afterpay, a provider of “buy now, pay later” payments, has entered into an extensive partnership with Caleres. Through the partnership, shoppers in the US can use Afterpay’s Pay in 4 and Pay Monthly options to purchase Caleres’ brands including Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer, Vionic, Bzees, Circus NY, ...
