All News briefs articles – Page 14
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News briefs
Shoe Carnival names a manager for new business development
Shoe Carnival rehired Kerry Jackson, its former Chief Financial Officer, to the newly created position of Senior Vice President, New Business Development, effective June 9. Jackson will report directly to the President and Chief Executive Officer, Mark Worden, and “spearhead the company’s merger and acquisition activities, integration of acquired businesses ...
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News briefs
Bata India's revenues, earnings slip
In the fourth quarter ended on March 31, Bata India’s revenues slipped by 1 percent year-on-year to 7.888 billion rupees (€80.4m) and net profit dropped 28 percent to INR 459 million (€4.7m). The operating profit dropped to INR 374 million (€3.8m) in the fourth quarter from INR 583 million the ...
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VF names a new Chief Accounting Officer
VF Corp. appointed Michael Phillips as Vice President, Chief Accounting Officer, succeeding Bryan McNeill, who is retiring after 30 years with the company, according to a regulatory filing. Phillips has served as the VP Enterprise Financial Reporting Controller of the company since September 2022. He joined the US group ...
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Zalando joins Fair Wear
Zalando is now a member of Fair Wear, the multistakeholder initiative founded in 1999 with the mission to improve labor conditions in the garment industry. As part of this membership, Zalando will focus on improving labor standards within its private label production.
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Naf Naf goes into receivership
Naf Naf was placed into receivership on May 30 by a commercial tribunal based in Bobigny, in the outskirts of Paris. The French fashion retailer is facing cash “difficulties”, according to the court. It is the third time in its history that it faces a judicial redress. The retailer ...
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News briefs
Trump accuses China of violating trade deal
US President Donald Trump has accused China of violating the preliminary trade agreement the two countries reached on May 12. In a post on his Truth Social platform, Trump said China had been in big trouble two weeks ago due to the high tariffs set by the US and so ...
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News briefs
French footwear exports down 4% in Q1
French exports of footwear totaled €1.318 billion in the first quarter of 2025, down by 4 percent year-over-year, while imports were flat at €2.086 billion, but Asian producers increased their market share, according to data released by Alliance France Cuir, the trade association representing the country’s leather and leather goods ...
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News briefs
L Catterton sells down its stake in Birkenstock
Birkenstock Holding said that the private equity firm L Catterton is selling a 9.5 percent stake in the parent of the German sandal maker Birkenstock. Through an underwritten secondary public offering, BK LC Lux MidCo (MidCo), an entity affiliated with L Catterton, is selling 17,927,344 Birkenstock shares at $52.50 each, ...
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News briefs
Golden Goose posts a double-digit growth rate in Q1
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first quarter of 2025 net revenues rose by 12 percent year-over-year at constant exchange rates to €164.5 million, driven by the direct-to-consumer (DTC) channel. Overall DTC sales were up by 19 percent, ...
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News briefs
Trump expects US Supreme Court to reverse court ruling on trade tariffs
The US President Donald Trump said that “hopefully” the Supreme Court will overturn a ruling by the United States Court of International Trade blocking most of the trade tariffs imposed by his administration. “The ruling by the U.S. Court of International Trade is so wrong, and so political! Hopefully, the ...
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News briefs
Dr. Martens hires a head for the Americas
Dr. Martens has appointed Paul Zadoff as President of the Americas, starting in June. ”We have a new member of the Dr. Martens team!! We are so pleased to announce that Paul Zadoff will be joining us in June as President of the Americas to lead the next phase of ...
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News briefs
German consumer confidence improves slightly
In June, consumer confidence in Germany is expected to rise slightly to -19.9 points from a revised -20.8 points in May, according to the GfK Consumer Climate powered by NIM, which has been published jointly by NIQ and the Nuremberg Institute for Market Decisions (NIM). The preliminary reading for ...
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EU urges Shein to respect laws, warns of fines
European Union authorities urged Shein to respect EU consumer protection laws, saying that the Singapore-based fashion online retailer could face fines if it failed to comply. Following a coordinated investigation at European level, the Consumer Protection Cooperation Network of national consumer authorities and the European Commission said that they had ...
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Crocs names a Chief Brand Officer for the Crocs and Heydude brands
Crocs has promoted Terence Reilly to the newly appointed position of Executive Vice President, Chief Brand Officer, with oversight over the marketing and communications functions for both the Crocs and Heydude brands. Reilly was previously in charge of Heydude. “As a veteran brand expert, Terence has a proven track record ...
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Pakistani footwear exports up nearly 12% in first 10 months of fiscal year
Between July 2024 and April 2025, which corresponds to the first 10 months of the Pakistan’s fiscal year, the Asian country increased footwear exports by 11.79 percent year-over-year to $148.4 million, according to the Pakistan Bureau of Statistics (PSB). The export of leather footwear grew by 14.14 percent to $115.3 ...
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News briefs
Trump threatens 50% tariff for EU goods
The US President Donald Trump is recommending a 50 percent import tariff on goods from the European Union after claiming that trade talks with the bloc had stalled. ”The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very ...
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News briefs
French footwear sales up by 0.7% in April
In April, French footwear retail sales rose by a seasonally and working-day adjusted 0.7 percent month-on-month, according to the Bank of France. Overall, retail sales in France grew a seasonally and working-day adjusted 0.5 percent from March, when they were stable.
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Timberland names Darren Leon Mckoy as Creative Director
Darren Leon Mckoy, Dr. Martens’ former Creative Director, announced on that he was appointed Global Vice President of Product Design and Creative Direction at Timberland, which is owned by VF Corp.. ”Today, I’m proud and excited to share that I’ve joined VF Corp as Global Vice President of ...
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News briefs
Levi Strauss to sell Dockers to Authentic Brands
Levi Strauss & Co has agreed to sell Dockers to Authentic Brands Group for $311 million. The transaction could reach as much as $391 million through an $80 million earnout opportunity. The San Francisco-based jeans maker said last year it was considering a sale of Dockers, renowned for its khakis ...
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News briefs
Canadian Tire acquires Hudson’s Bay’s brands
On May 15, Canadian Tire Corporation (CTC) announced it has signed a definitive agreement to acquire the intellectual property portfolio of Hudson’s Bay Company (HBC), one of Canada’s oldest retailers. The $30 million comprises HBC’s intellectual property portfolio, including brand labels and designs for the HBC Stripes, Hudson’s Bay Company, ...
