All News briefs articles – Page 105
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News briefs
US footwear sales exceed $100bn in 2021
Footwear sales in the U.S. rose by 29.8 percent in 2021 to a record $100.7 billion, according to the trade association Footwear Distributers and Retailers of America (FDRA), which claims to represent 95 percent of all U.S. shoe companies. It noted that the record was helped by a 20.5 percent ...
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News briefs
Pikolinos CEO leaves
Pikolinos’ CEO, Manel Jadraque, is leaving the Spanish footwear company as the founding family takes over full control. The company explained that the three children of the founder Juan Perán Ramos, who have been with the company for more than a decade, are taking on all executive powers in ...
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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
LVMH fashion and leather goods business posts strong Q4
LVMH saw organic sales of its fashion and leatherwoods division rise by 51 percent in the fourth quarter of 2021 compared to the same quarter of 2019, as the French luxury goods conglomerate expressed confidence in “its ability to maintain its current growth momentum.” For the full year, reported revenues ...
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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
Legero and Gore-Tex expand collaboration with new product display
The Austrian-based footwear group Legero United and the fabric manufacturer Gore-Tex have decided to expand their long-standing collaboration. The two companies announced an innovative, interactive installation display for the Humanic store on Graz’s Herrengasse. Their joint shoe models will be displayed alongside projected moving images of natural landscapes ...
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News briefs
Vulcabras gets top ratings for sustainability
Vulcabras has been certified by three Brazilian industry bodies, as a most sustainable shoe manufacturer in the country. The Brazilian parent of Olympikus, which manufactures 25 million pairs of shoes a year at its own factories in the country, It is the first one in the sector to be using ...
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News briefs
Aeffe full-year footwear, leather goods sales up 30%
Aeffe, the Italian fashion house that owns the footwear brand Pollini, posted overall revenues of €324.6 million in 2021, up a reported 20.8 percent on the year earlier and 20.6 percent higher at constant exchange rates. The group highlighted an acceleration of sales in the U.S., up by 41.4 percent, ...
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News briefs
Unbound applies to be listed on the AIM
The British investment company Unbound Group has applied for the cancellation of its shares on the main market of the London Stock Exchange in order to be admitted on the AIM segment from Feb. 1. Unbound, which changed names from Electra Private Equity, owns the footwear brand Hotter.
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News briefs
Uzbek shoe imports rise in first 11 months
In the first 11 months of 2021, Uzbekistan imported 3.5 million pairs of shoes from 46 countries for a total value of $12.8 million, up by $4.8 million from the same period in 2020, according to the State Statistics Committee. The top three countries from which Uzbekistan imported footwear during ...
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News briefsTod’s looks to 2022 with optimism after sales top expectations
Tod’s is looking towards 2022 with optimism after reporting higher-than-expected sales in 2021 and receiving positive initial feedback on its new spring/summer 2022 collections. Preliminary sales figures for the Italian footwear company showed that sales increased by 38.7 percent in 2021 compared to the year earlier to €884 million and ...
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News briefs
Frankie4 opens its first store in the U.S.
Frankie4, an Australian brand of premium comfort footwear, opened its first store in the U.S., as well as its U.S. headquarters, in Capitol Hill, one of Seattle’s hippest neighborhoods. The move comes after the launch in 2021 of the brand’s American e-commerce business. The store will offer the full Frankie4 ...
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News briefs
Aquazzura picks Cegid Retail for its stores
Aquazzura has chosen Cegid’s unified commerce and point-of-sale (POS) platform Cegid Retail to offer a more personalized consumer experience and further the digital transformation of its stores. The Italian luxury footwear brand was founded in Florence in 2011 and has stores in Italy, France, the U.K., Middle East and America. ...
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News briefs
Sabu launches new business and organizational development unit
Sabu launched a new business and organizational development division that will be led, effective immediately, by Kay Wegerhoff. The new unit will allow to more closely identify the current and future needs of members and suppliers, sort them by priority and implement projects and measures as needed, in the ...
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News briefs
Yoox launches a marketplace in Europe
Yoox, which is part of the Yoox Net-a-Porter online retailing group, has launched its marketplace in almost 30 countries across Europe, with plans for further expansion across the U.S., Middle East and North Africa and Japan. The service supplements Yoox’s brand portfolio. The marketplace gives customers access to over 150,000 ...
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News briefs
Kurt Geiger plans to open 13-15 stores in 2022
Kurt Geiger plans to open a new shop every month this year as the British luxury footwear and accessories retailer gains clients, the chief executive Neil Clifford told the daily The Times. This could result in the opening of 13-15 Kurt Geiger stores this year, the highest number since 2008. ...
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News briefs
Deichmann hires new digital director from About You
The German footwear company Deichmann has hired a new digital director in a bid to further expand its online business. Alexander Bellin, 33, previously chief revenue officer at the online fashion retailer About You, will join the Essen-based shoe chain on February 1. He will take the helm of ...
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News briefs
Bally hires a new creative director
Bally has appointed Rhuigi Villaseñor as its new creative director. He will oversee the artistic direction across the brand and his first collection for the brand is scheduled for the spring-summer 2023 season. A Filipino-American, Villaseñor was born in Manila and emigrated to the U.S. aged nine. He has been ...
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News briefs
Metro Brands Q3 sales up by 59%
In the third quarter ended on Dec. 31, the Indian footwear retailer Metro Brands posted a 59.0 percent surge in consolidated sales to 4,840 million rupees (€57.3m-$65.0m) lifted by an expansion of the store network and the lifting of anti Covid-19 measures. The quarter was the first since March 2020 ...
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News briefs
Church’s has a new CEO
The Prada Group has appointed Denni Manzatto as the CEO of Church’s & Co, the luxury British footwear brand bought by the Italian fashion house in 1999. The appointment is effective from January and Manzatto replaces Anthony Romano, who was with Church’s since 2017. Manzatto has been with the ...
