All News briefs articles – Page 113
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News briefs
Pajar opens its first store in the U.S.
Pajar, a Canadian family-owned fashion brand born in Montreal in 1963 and known for its footwear and outerwear, opened its first brick-and-mortar retail store in the U.S. The 2,500-square-foot shop is located in the heart of New York City at 114 Wooster Street in SoHo. It features roughly 300 footwear, ...
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News briefs
Moscow introduces a new lockdown
Due to the rapid increase in Covid-19 cases in Russia, Moscow’s mayor, Sergei Sobyanin, decided to introduce an 11-day lockdown from Oct. 28. Restriction includes all non-essential stores, schools and businesses. Non-vaccinated people over the age of 60 will not be allowed to leave their homes. The country’s president, Vladimir ...
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News briefs
Kering sales up 12.6% in Q3
Kering’s revenues rose by 12.6 percent year-over-year in the third quarter to €4,188 million, with comparable sales up by 12.2 percent. Comparable revenues grew by 10.0 percent against the third quarter of 2019. Comparable revenues generated by the group’s directly-operated stores climbed by 12.0 percent from the third quarter of ...
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News briefs
Lumberjack targets sales of €32 mn in 2021
Lumberjack, the Italian brand of casual footwear owned by the Turkish firm FLO, expects to finish 2021 with sales of €32 million, up by 28 percent from a year earlier. Next year, the target is to achieve sales of more than €40 million by expanding the client base to over ...
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News briefs
Gallery Fashion & Shoes and Gallery Shoes & Fashion change names
The trade fair organizer Igedo Company is changing the name of Gallery Fashion & Shoes to Fashn Rooms from the edition scheduled from Jan. 27 to 31, 2022. Meanwhile, Gallery Shoes & Fashion will become Shoes Düsseldorf from the edition to be held from March 6 to 8. The events ...
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News briefs
Keen reorganizes German sales team
Ralph Hermann, so far Keen’s representative in Baden-Württemberg with his agency “Die Berg Agenten”, will be Keen’s new country manager for Germany. Baden-Württemberg as well as Bavaria will be taken over from fall/winter 2022 by the agency Frotscher, which also looks after brands such as Havaianas, CMP, Inuovo and Hoff ...
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News briefs
U.K. retailers call for human rights law to protect supply factory workers
More than 35 retailers, manufacturers and investors including Primark and Asos have demanded the British government make human rights and environmental checks on their global supply chains mandatory by law. In a letter, the group said the Covid-19 crisis highlighted the “fragility of global supply chains” and the vulnerabilities faced ...
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News briefs
Crocs has two new SVPs
Crocs has hired Lori Foglia as senior vice president and chief product and merchandising officer. Foglia brings nearly 25 years of product, merchandising and retail experience to the company. She previously worked at Victoria’s Secret, where she spent nearly five years overseeing product merchandising for more than 1,000 stores, as ...
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News briefs
JD Sports buys Greek firm Cosmos Sport
JD Sports Fashion, the UK retailer of sports, fashion and outdoor brands, has acquired 80 percent of Cosmos Sport. No financial details were released. Based in Crete, Greece, Cosmos was founded in 1982 by Fragiskos Tsiknakis. Prior to the purchase, Cosmos was 70 percent owned by the Tsiknakis family with ...
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News briefs
Wildberries enters the Baltic states
Russia’s largest online retailer Wildberries is expanding in Latvia, Lithuania and Estonia, but the marketplaces are only available in English and Russian. The company also announced that iOS and Android mobile applications would soon be available in the three Baltic countries. Wildberries indicated that orders in the countries are delivered ...
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News briefs
Sales of premium fashion tripled in Russia
Sales of premium apparel, footwear and accessories in Russia tripled value in the first three quarters of 2021 compared to the same period of the previous year, according to the Russian data provider ODF. “April to June [2020] was the period of the toughest lockdown in Russia. Therefore, it was ...
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News briefs
Burberry appoints a new CEO
The British luxury fashion company Burberry has appointed Jonathan Akeroyd as chief executive and executive director, effective April 1, 2022. He will replace Marco Gobbetti, who is stepping down on Dec. 31 to join Salvatore Ferragamo as CEO and general manager. Burberry’s chairman Gerry Murphy will chair the company’s executive ...
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News briefs
Caleres hires a new head of customer marketing
Suzy Cirulis has joined Caleres as senior vice president in charge of customer marketing. In this role, she will lead the company’s customer marketing efforts across the entire Caleres portfolio including customer relationship marketing, customer insights and customer analytics. She was most recently chief marketing officer at Crate and Barrel. ...
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News briefs
Allbirds opens 2 stores in the U.S.
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has opened two new stores in the U.S. It opened a 2,892-square-foot retail store and community center in Cambridge on Oct. 15. It is the brand’s second store in the Boston area. On Oct. 12, the brand opened a ...
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News briefs
Softstar launches a hiking boot
Renowned since the late 1980s for its in-house designed and hand-made, minimal, leather footwear featuring the “barefoot” feel, and zero-drop soles, Softstar is now launching a hiking boot. Privileging high-quality, flexible, responsibly sourced materials that allow for free and natural movement and comfort, the Switchback boot is due to be ...
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News briefs
H&M considering sourcing in Russia
The Swedish retailer Hennes & Mauritz (H&M) is considering the possibility of buying goods from Russian producers, Saed El-Ashkar, the company’s general director in Russia, told the news agency Interfax. “H&M does not have its own factories and places orders with independent suppliers worldwide, from India, Bangladesh, China to Turkey ...
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News briefs
Sheme to consolidate its position in China and Germany
Sheme, a Chinese brand of luxury women’s shoes which attracted the spotlight by being the first Chinese footwear brand to have attended the fashion weeks in London, Paris and New York, aims to consolidate its positions in its existing markets of China, which represents about 90 percent of sales, and ...
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News briefs
China to increase coal production by nearly 6%
China is due to increase coal production by nearly 6 percent to address power shortages affecting the country, the news agency AFP reported citing the country’s National Development and Reform Commission (NDRC). China is the world’s main coal producer and polluter, as well as the largest manufacturer of footwear, and ...
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News briefs
Saks Fifth Avenue plans to float e-commerce business
The e-commerce business of the American luxury department store chain Saks Fifth Avenue is aiming to go public soon at a valuation that is roughly triple what it was pegged at earlier this year, The Wall Street Journal reported. Saks is interviewing underwriters this week for a possible initial public ...
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News briefs
Poshmark buys a sneaker authentication platform
Poshmark, a California-based social marketplace for the purchase and selling of new and secondhand clothing, shoes and accessories has acquired the sneaker authentication platform Suede One. The deal marks Poshmark’s first acquisition and no financial details were released. ”Suede One has built impressive capabilities in virtual authentication that will allow ...
