News Briefs Distribution – Page 5
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News briefs
Russia authorizes parallel imports
The Russian Industry and Trade Ministry on May 6 published a list of goods allowed for import without permission from the brand’s owner, which involved a broad range of fashion and sporting goods companies, including Zara, H&M, Decathlon and Uniqlo. The system, commonly known as parallel imports, has been designed ...
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News briefs
Castañer 2021 sales rise to over €19m
Castañer said that it posted a signficiant increase in sales last year to €19.3 million, however without giving an exact figure for the rise. The Spanish producer of espadrilles indicated that retail sales rose by 45 percent, with the gross margin improving by 2 percentage points, and digital revenues grew ...
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News briefs
Fratelli Rossetti 2021 sales rise by 40%
Fratelli Rossetti posted sales of €40 million in 2021, up by 40 percent year-over-year. In an interview with the daily Corriere della Sera, Diego Rossetti, the chairman of the Italian luxury footwear producer, indicated that the company does not rule out opening its capital to investment funds to finance ...
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News briefs
Nice Footwear inaugurates its Paris showroom
On April 5, Nice Footwear inaugurated its showroom in Paris. The 220-square-meter office is located at 42 rue Etienne Marcel, in the center of the French capital. During the opening, the Italian company presented the forthcoming autumn/winter collections of the brands Kronos, Avirex and Conte of Florence. France is Nice ...
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News briefs
ABG partners with New Guards for Reebok in Europe
Authentic Brands Group (ABG) has appointed Milan-based luxury fashion manufacturing and distribution holding company New Guards Group as its operating partner for the Reebok brand in Europe. Under the agreement, New Guards, which is owned by U.K.-based international e-commerce company Farfetch Limited, will operate retail stores and e-commerce for the ...
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News briefs
Rexor posts positive results in 2021
Rexor, the German buying group controlled by ANWR, posted positive results in 2021. Despite months-long lockdowns and delivery bottlenecks rippling through the supply chain, the Düsseldorf-based company reported a sales increase of 0.4 percent to €177.1 million. In Belgium, where lockdowns had a smaller impact on retail, the company outperformed ...
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News briefs
Nexgen Packaging invests in Mexico, Guatemala
Nexgen Packaging, an American supplier of packaging for the retail, apparel and footwear industry, is expanding its manufacturing capacity in Latin America with two new strategic investments. The expansion will allow it to meet the increasing demand from retailers and manufacturers, as required by the fast-growing omnichannel retail market, ...
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News briefs
EU probes Pierre Cardin, Ahlers for alleged breach of competition rules
The European Commission has launched a formal antitrust investigation to assess whether Pierre Cardin and Ahlers have breached European Union competition rules by restricting cross-border and online sales of Pierre Cardin-licensed products. The French fashion house licenses its trademark for the manufacture and distribution of products. The German clothing manufacturer ...
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News briefs
Global sports shoe market to grow strongly this decade
Global sales of athletic footwear are expected to grow strongly this decade according to two separate reports. The surveys have different estimates but both highlight the robust upward trend of the industry. The market is expected to reach $165 billion in 2030, representing a 50.4 percent increase from the $109.7 ...
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News briefs
Bisgaard to launch a women’s collection in Germany
Bisgaard is launching a women’s collection in Germany, collaborating with Düsseldorf-based agency Muth. The Danish brand already sells children’s shoes in about 700 doors in Germany. Under the partnership deal, Muth will manage the distribution of Bisgaard’s women’s collection in the new market starting from the next autumn/winter season. The ...
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News briefs
Sada Dostluk makes a debut on the Russian market
The Turkmenistan footwear company Sada Dostluk has reached an agreement to export shoes under the Sada brand to Russia, with deliveries slated to begin this year. Founded in 2018, Sada Dostluk is one of the largest shoe companies in Central Asia, manufacturing 140,000 pairs of shoes a month. The company ...
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News briefs
Skechers takes over its distribution in the Philippines
Skechers has taken charge of its distribution in the Philippines through a subsidiary, Skechers USA Philippines. The current distributor, Trendworks International, will continue to sell Skechers products until the end of this year. According to David Weinberg, chief operating officer of Skechers USA, a “dedicated team focused on growth and ...
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News briefs
Belarus may face a shoe shortage
Nike, Lamoda, Sportmaster and Detsky Mir have notified the Belarusian government about a possible suspension of shoe exports to the country due to problems with a local labelling system that was introduced on Nov. 1. The companies complained, in particular, about issues arising from the Belarusian monitoring system, which generates ...
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News briefs
Adidas strikes a cautious note after a 3.4% sales hike in Q3
Adidas toned down its expectations for full-year sales and earnings as the company’s growth slowed in the third quarter due to supply chain disruptions, Covid-related lockdowns in Asia-Pacific and a “challenging” market environment in Greater China. In the quarter, Adidas saw its sales edge up by just 3.4 percent to ...
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News briefs
Pakerson sees 2021 sales up 25%
Pakerson, the Italian manufacturer of high-end men’s shoes, expects 2021 sales to rise by 25 percent after falling about 30 percent last year because of the impact of the outbreak of the Covid-19 pandemic. At the end of August, sales were up by 19 percent. The company generates 90 percent ...
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News briefs
Sugi is licensing Sergio Tacchini footwear for Europe
Sergio Tacchini Europe has signed a long-term licensing deal with Sugi International for the development, production and distribution of a new line of Sergio Tacchini footwear that will “significantly upgrade the quality and breadth” of the line, while expanding its distribution. The deal covers many countries in Europe, including Russia, ...
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News briefs
Global supply chain disruptions to continue in 2022
The American parcel delivery company UPS expects supply chain problems to continue in 2022 after this year’s disruptions caused by the Covid-19 pandemic, but does not expect the situation to cause further significant increases in transport costs. “The logistics industry does not see 2022 as having any less disruption in ...
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News briefs
Lotus picks A.P. Hallqvist as distributor for Scandinavia
The British brand Lotus, which was founded in 1759, has appointed A.P. Hallqvist as the official distributor of its footwear and bag collections in Sweden, Denmark, Norway and Finland. ”With roots in footwear manufacturing since 1874, A.P. Hallqvist is a well-suited partner to represent the oldest British footwear brand in ...
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News briefs
Russian shoe firms intend to hike prices on rising costs
Russian footwear companies said that they plan to raise prices in the coming few months due to higher costs. Andrey Pavlov, the owner of the Russian footwear producer and retailer Zenden Group, explained that prices are being driven up by logistics costs and raw materials. Pavlov claimed that disruptions in ...
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News briefs
Kenneth Cole in licensing deals with Eastman Footwear, Vida Shoes
The American fashion house Kenneth Cole has entered into licensing partnerships with Eastman Footwear Group and Vida Shoes International for men’s and women’s footwear. Beginning with spring 2022, Eastman will be responsible for the development, sourcing, production and sales of men’s shoes under the Kenneth Cole New York, Kenneth Cole ...
