All News briefs articles – Page 153
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News briefs
BASF opens its first global footwear innovation center in Taiwan
BASF, the German chemical group, has opened its first global Footwear Innovation Center in Taiwan. The 7,000-square-foot facility, inaugurated on Aug. 11, is located within the footwear manufacturing site of its strategic partner Longterm Concept (LTC) in Changhua, Taiwan. The Footwear Innovation Center includes three main zones. The Design Zone ...
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News briefs
Momad will take place in February 2021
Momad, the International fashion, footwear and accessories exhibition in Madrid, organized by IFEMA, was planned to be held on Sept.16-20, but the organizers have finally decided to postpone it to next year. The event is now scheduled to take place on Feb. 4-6, 2021, alongside three other trade shows: Intergift, ...
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News briefs
Wolverine adopts First Insight's consumer analytics
Wolverine Worldwide has announced a strategic partnership with First Insight under which it will deploy its Voice of the Customer predictive analytics solution across its portfolio of 12 brands, including Merrell, Sperry, Saucony, Hush Puppies and Keds. The deal follows a successful test conducted by Hush Puppies in different regions ...
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News briefs
Geox pays July wages of bankrupt logistics provider
Geox, through its unit Xlog, paid the wages for the month of July of about 380 employees of the logistics company Venere, a unit of the Milanese group CGS currently being liquidated after being declared bankrupt. The payment was reached after Xlog reached an agreement with the Treviso chapter of ...
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News briefsCamtrade rebranded The Enjoiya Group
The U.S. women’s wholesale footwear firm Camtrade has changed names to The Enjoiya Group. The company manufactures and distributes three shoe brands, Enjoiya, Secret Celebrity and Soft Comfort. They have an emphasis on comfort and fit, with price-value also a key component in the market positioning. Enjoiya is the company’s ...
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News briefs
Birkenstock’s retail head leaves
Birkenstock’s retail director, Oliver Jansen, left in August to join Bahlsen Outlets, the outlet business of the German biscuit maker Bahlsen Group. The German sandal maker has yet to announce a successor Prior to joining Birkenstock in March 2018, Jansen worked for the fashion group Esprit, between October 2015 and ...
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News briefs
Mall operator in Spain sees worrying decline in July traffic
After a significant improvement in June, the footfall in Spanish malls managed by MVGM, the Dutch property management company, dropped sharply in July, raising concern that the sector may not enjoy a rapid recovery. Data released by the company, which oversees 1.1 million square meters of shopping space in Spain, ...
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News briefsKeen and Garcia Family team up for limited edition and good cause
Much to the chagrin of all “deadheads” – the nickname for fans of the band The Grateful Dead – on this side of the Atlantic, it probably won’t be available in Europe, but it’s worth noting that Keen has teamed up with the Jerry Garcia Family to present a new ...
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News briefs
EU introduces tariffs on Cambodian shoes
As of August 12, Cambodian footwear and other products such as garments and travel goods are subject to the European Union’s customs duties. The move comes after the EU decided to partially withdraw Cambodia’s duty-free quota-free access to the single market because of a lack of respect of human and ...
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News briefs
ABG, SPARC picked to buy Brooks Brothers for $325 million
The iconic American apparel group Brooks Brothers has selected Authentic Brands Group (ABG) and its partially owned retail unit SPARC as the winning bidders of a competitive sale process after they increased their offer to $325 million for the vast majority of the company’s global business operations as a going ...
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News briefs
Asos to post higher-than-expected FY results thanks to demand, lower returns
The British online fashion retailer Asos said that its sales and profits for the full year ending in August are expected to be significantly ahead of market expectations, thanks to stronger-than-anticipated underlying demand and lower-than-forecast returns. Revenue growth is expected to reach 17-19 percent, with pretax profit in the region ...
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News briefs
Golden Goose opens a store on Tmall Luxury Pavilion
The Italian luxury sneaker brand Golden Goose has opened a flagship store on Tmall Luxury Pavilion, the B2C marketplace of the Chinese group Alibaba. The store will carry some of the brand’s most iconic products such as the sneakers Superstar, Stardan, Pure and Yeah, along with a new collection of ...
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News briefs
Samuel Deichmann joins operational management team
Samuel Deichmann, 27, has joined the six-member operational management team of the family-owned Deichmann group. Since Aug. 1, he is in charge of digital innovation, investments and corporate development, including parts of the physical retailing activity. Samuel Deichmann is the fourth generation of the family involved in the German footwear ...
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News briefs
Chanel buys Italian tannery Conceria Gaiera
The French fashion house Chanel has further tightened the control of its supply chain by buying the Italian tannery Conceria Gaiera that supplies leather for footwear and leathergoods, according to the website La Conceria. The tanner was founded in 1946 and is based in Robecchetto con Induno, Lombardy. It will ...
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News briefs
Russian customs wants to check parcels for counterfeit shoes
The Russian Federal Customs Service is seeking to obtain authorization from the government to inspect parcels entering the country for the presence of counterfeit products purchased through foreign online stores, according to Sergey Shklyaev, director of the trade restrictions department of the Customs Service. Shoes and clothes are the biggest ...
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News briefs
Roccamore donates profits to needy women
Roccamore has completed its pledge to donate all profits over a 30-day period to single mothers, female refugees and other women. The Danish footwear company, which uses scrap leather in its women’s shoes, ended up raising £15,000 for 75 women. It ran the campaign in collaboration with Dress for Success, ...
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News briefsKavat closing down some showrooms in digitalization move
Kavat, the Swedish family-owned company based in the shoe-making town of Kumla, is closing down its traditional showrooms in Düsseldorf, Oslo and Gothenburg as it intends to rely on a new B2B platform, scheduled to come on stream in August, and using flagship stores as showrooms and meeting places with ...
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News briefsHurley family takes over Simple
Kandui Holdings, founded by the Hurley family, has acquired the assets and intellectual property of the American brand Simple from KTSimple. Financial details were not disclosed. The acquisition is being carried through Simple Shoes, that will continue all ongoing operations with plans to enhance and evolve the Simple brand over ...
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News briefs
Louboutin moves Parisian store
The French luxury footwear brand Christian Louboutin has moved its Parisian store, previously 68 rue du Faubourg Saint-Honoré, nearer to the city center. The shop is now close to Place Vendôme, that hosts the Ritz. Situated at 400 rue Saint-Honoré, it covers 260 square meters over three levels, offering the ...
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News briefs
The shoe chains Sacha and Manfield go bankrupt in Belgium
The footwear chains Sacha and Manfield, representing a total of 17 stores and 140 employees, filed for bankruptcy in Belgium. But Termeer, the Dutch company that owns the banners, expects to restart the businesses. The chains’ stores in the Netherlands and their online activity are not affected by the filing. ...
