All News briefs articles – Page 138
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News briefs
Juyi Group builds a new facility in China
The Chinese footwear company Juyi Group is building a 550,000 square meter high-technology manufacturing unit in Wenzhou’s Lucheng district. According to media reports, the facility represents an investment of about $307 million and will integrate artificial intelligence, Internet of Things and digitized logistics. Construction started in December 2020 and is ...
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News briefs
Saucony takes charge of its Iberian distribution
Saucony is taking charge of its own distribution on the Iberian Peninsula through a new subsidiary. For the past couple of decades the Wolverine-owned brand has relied on a company called Deerfoot Sport for its business in Spain, Portugal and Andorra. The new subsidiary will be headed up by Gerónimo ...
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News briefs
Tamaris launches new campaign focusing on women’s diversity and solidarity
Eight women and their stories in a target-group specific campaign mark a new step in Tamaris’ multi-platform communication strategy. On International Women’s Day, Tamaris, the shoe brand owned by the Wortmann Group, launched a new spring/summer campaign on its steadily growing YouTube channel. The focus is on the cohesion and ...
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News briefs
Camper releases accessories made of used sails
Camper is releasing a limited-edition capsule collection of accessories made from used sails. To collect its materials the Spanish footwear brand is dealing with North Sails, a sailmaker established in Connecticut. Items include a grey and white backpack, a white duffel bag, a red shoulder bag and a blue bag ...
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News briefsFerragamo enjoys strong growth in China, South Korea
In the first nine weeks of 2021, Salvatore Ferragamo said that it enjoyed a “positive performance” in the retail channel, thanks to “solid” growth in China and South Korea and an 85.6 percent increase in online sales. The update accompanied the group’s 2020 results, that showed a net loss of ...
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News briefs
VF and Pensole offer corporate apprenticeship program for BIPOC students
As part of its ongoing commitment to racial equity, VF Corp. brands Timberland, Vans and The North Face, in partnership with Portland-based footwear design academy Pensole Academy, have launched a new educational program in the U.S. called ”DiverCity x DESIGN.” The program provides unique access to professional design experience and ...
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News briefsAsics launches running shoe made from second-hand clothes
Asics is introducing the Sunrise Reborn Pack, a new running shoe made from recycled clothing collected in Japan. The limited-edition line includes two of Asics’ pinnacle shoes, the Metaride and Gel-Quantum 360 TYO, both in a sunrise red color. The collection is part of the company’s efforts to minimize the ...
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News briefsRating agencies back Crocs’ new debt offering
Crocs is planning to make a private placement for $300 million worth of senior notes due in 2029, with $180 million used to repay outstanding loans under a revolving credit line. The rest would be used for general corporate purposes. Moody’s gave a B1 rating to the notes. Standard & ...
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News briefs
Pittarello reaches a debt restructuring deal
The Italian footwear retailer Pittarello has struck a deal with its creditor banks to restructure its debt. The agreement was reached with the banks Intesa Sanpaolo, Banca Monte dei Paschi di Siena, UniCredit, Banca Patavina, Iccrea, UniCredit Leasing, Selma BPM and Alba Leasing. No details were released but the ...
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News briefs
Amazon Fashion has a new president
Amazon Fashion has named Muge Erdirik Dogan president, replacing Christine Beauchamp, who was promoted to head the online retailing group’s consumer categories in North America. Dogan has been with Amazon for nearly 14 years, during which she managed various category, technology and operations teams.
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News briefs
Rodolfo Zengarini obtains the footwear license for the Vivetta brand
The Italian shoe maker Rodolfo Zengarini has obtained the footwear license of the Vivetta brand, which was created by the designer Vivetta Ponti and produces ready-to-wear and accessories for women and children. Zengarini, which is headquartered in Montegranaro, in the Marche region, will start producing the brand for the upcoming ...
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News briefs
L’Agence diversifies into footwear
The Californian ready-to-wear brand L’Agence is partnering with Titan Industries to launch a line of footwear produced in Europe. The collection will be available this autumn and will be initially sold online. But, the companies plans to expand distribution to department stores and specialty stores.
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News briefsNew offices for Zara Man, Zara.com
Zara will inaugurate on March 17 new eco-efficient and high-tech premises in Arteixo, in the northwestern Spanish region of Galicia, where its parent company Inditex is located. The new 67,000 square meter building will house the studios of www.zara.com and the central design department of Zara Man. It is part ...
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News briefs
OrthoLite launches thermal insole for extreme cold
OrthoLite, the American insole specialist, has launched O-Term, a new thermal insole technology using a proprietary aerogel providing high performances in extremely cold weather. Rob Falken, vice president of innovation at the company, explained that the “advanced aerogel traps micro-pockets of air without the need for loft, and it won’t ...
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News briefs
Trump sues Marc Fisher
Trump Organization, the company of the former U.S. president, Donald Trump, is suing Marc Fisher Footwear for allegedly unpaid rent. The shoe maker has a showroom on the 21st floor of the Trump Tower in New York. Trump Organization is seeking $1.47 million from Marc Fisher, which occupies the whole ...
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News briefs
Essenz and Futurmoda canceled, digital Micam starts
The German trade show for shoes and accessories, essenz, cancelled its March edition due to restrictions caused by the Covid-19 pandemic. The show was scheduled from March 28 to 30 in Munich. The organizers still expect to hold the September edition. Several shoe brands have nevertheless decided to present their ...
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News briefs
Capri names a new chief information officer
Capri Holdings, the parent company of Jimmy Choo, Versace and Michael Kors, has appointed Alejandro Martinez-Galindo as chief information officer (CIO) of the group, reporting to Thomas Edwards, the chief financial officer and chief operating officer. The appointment is effective March 8. Martinez-Galindo has held executive roles across several industries ...
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News briefs
Garmont changes ownership
Garmont International, the Vedelago, Italy-based manufacturer of outdoor and tactical footwear, has announced that Italian Strategy Private Equity (ISPE), managed by Riello lnvestimenti Partners, is acquiring a 65 percent stake in the company’s share capital. The transaction is expected to be completed by the end of March. Thereafter, Pierangelo Bressan, ...
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News briefsSusie Mulder is Timberland’s new global brand president
VF Corp. has appointed Susie Mulder as global brand president of Timberland. She will start her new role with the New Hampshire-based brand on April 5 and report to VF’s chairman, president and CEO, Steve Rendle. She will also serve on VF’s executive leadership team. Mulder joins Timberland from women’s ...
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News briefs
Steve Madden lauches an eco-friendly brand
Steve Madden has launched Cool Planet by Steve Madden, which aims to offer affordable eco-friendly footwear targeted at younger consumers. The Cool Planet’s women’s collection kicks off which 19 styles retailing from $50 to $80 a pair. The brand was initially scheduled to be launched in April 2020 but was ...
