All News briefs articles – Page 164
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News briefs
CCC plans to sell Vögele Shoes
CCC, the Polish-based retail giant, plans to sell Vögele Shoes, the Swiss shoe retail chain, or to restructure the company. CCC acquired a 70 percent stake in the company in 2018. Vögele Shoes has 170 stores in Switzerland. CCC is currently looking for a new investor for Vögele Shoes. ...
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News briefs
Steffen Liebich acquires the Schuhkay retail chain
Steffen Liebich has acquired Schuhkay, a Hamburg-based shoe retailer that is also known as Schuhkay 1882, via its Goal investment company. Schuhkay has currently 30 stores, most of them are located in northern Germany. In the course of the takeover, Thomas and Joachim Kay, who are the fifth generation of ...
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News briefs
Prada scraps dividend payment
Like many other companies, Prada has decided to drop its full-year dividend to retain financial resources in the light of the crisis caused by the Covid-19 pandemic. It said that the decision will give it access to ”further resources to rapidly go back to its previous activity levels in the ...
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News briefs
Jimmy Choo owner Capri aims for carbon neutrality
Capri Holdings, owner of Jimmy Choo, Michael Kors and Versace, announced targets to be 100% carbon neutral in its direct operations and to source 100% of its energy for its owned and operated facilities from renewable sources by 2025. Unveiling its first group-wide corporate sustainability strategy, Capri also set 2025 ...
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News briefs
Burberry labels sustainability achievements
Burberry is rolling out new labeling globally to show how products meet sustainability criteria. The new, pistachio-colored labels provide information on how products meet so-called “positive attributes,” including the amount of recycled nature fibers in materials, delivery against carbon emissions standards and social policies such as paying workers a living ...
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News briefs
New Balance settles lawsuit against Nautica
The trademark-infringement lawsuit that New Balance filed in Massachusetts in August 2019 against Authentic Brands Group over use of the letter “N” on footwear and apparel by the brand Nautica has been settled. All claims against Nautica have been dismissed without prejudice, and each party will be covering its own ...
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News briefs
Belgium postpones its summer sales
Belgium is postponing the start of its summer sales by one month, to August 1, to cushion the blow of the Covid-19 pandemic. About 90 percent of the country’s fashion retailers signed an open letter to the government requesting postponement to generate full-price revenues from their unsold stock. Shoe and ...
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News briefs
Loro Piana opens concept store in Hong Kong
According to the Hong Kong Tatler, Loro Piana has opened its first Rare Walk concept store in Asia at the K11 Musea mall in Hong Kong. The store is dedicated not to ready-to-wear fashion but to the brand’s shoes, notably the White Sole and Open Walk collections, as well as ...
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News briefs
Keen to donate shoes for Covid-19 relief
Keen Footwear has pledged to donate up to 100,000 pairs of shoes, worth about $10 million, to the workers on the front lines and the families at home fighting through the coronavirus crisis. The program is called “Together We Can Help.” As reported on snewsnet.com, within 24 hours of the ...
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News briefs
Ecco restructuring its European sales
In an effort to get closer to consumers, Ecco has decided to restructure its European sales organization, decentralizing the management of its wholesale operations. They will be led by a dedicated general manager in each of the three European regions. In the framework of this reorganization, Erik Heldoorn, sales director ...
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News briefs
Skechers makes donation to Petco
Skechers has donated more than $509,000 to the Petco Foundation, bringing its total contributions toward animal welfare agencies to more than $5.45 million. The latest donation stems from the proceeds of the Bobs from Skechers collection. Petco is helping pet shelters and other such agencies in the U.S. handle some ...
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News briefs
Footway’s bid for Sportamore has succeeded
The tender offer launched by Footway for Sportamore has been accepted by 95.9 percent of the Swedish sports e-tailer’s shareholders. Footway, a more international-oriented online shoe retailer, is paying a total of 439 million Swedish kronor (€40.4m-$43.9m) for Sportamore. Because of its de-listing from the Nasdaq Stockholm exchange, the publication ...
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News briefs
Assocalzaturifici helps Italian companies sell online
Assocalzaturifici has launched BDroppy, a new multichannel platform to help its member companies sell online all over the world by reaching thousands of dropshippers. The project is a ”strategic partnership” between the Italian footwear manufacturers association and Branddistribution. BDroppy will enable Italian footwear companies to sell their products online to ...
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News briefs
Crocs offering free shoes to medical personnel
Crocs is offering medical personnel in the U.S. battling the Covid-19 pandemic a free pair of Crocs, shipping included. The American company began gearing up in late March to dispatch up to 10,000 pairs a day in response to online requests. In addition, Crocs plans to donate up to 100,000 ...
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News briefs
Wolverine changes its brand structure
By May 30 at the latest, Todd Spaletto will be stepping down as president of Wolverine Worldwide’s Michigan Brands group, which consists of the Merrell, Chaco, CAT Footwear, Hush Puppies and Sebago brands. Rather than replace him in the post, Wolverine is promoting three executives and dividing responsibility for its ...
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News briefs
Allbirds to label carbon footprint
Allbirds will be labeling all of its products with a carbon footprint. The ambition of the company is to get consumers to think about carbon while they shop, in the same way as they do when they look at nutritional labels with calories in grocery stores, the company said. Moving ...
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News briefs
Schuh Trust makes Covid-19 donations
The British Schuh Trust is donating £2 million (€2.3m-$2.5m) to the National Emergencies Trust and £1 million (€1.1m-$1.2m) to the NHS Charities Together Covid-19 Appeal. In total this is about a 12-fold increase from the trust’s average yearly charitable donations since 2011, when it was founded by its namesake British ...
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News briefs
Wolverine Worldwide launches several support initiatives in Covid-19 fight
Wolverine Worldwide, based in Rockford, Michigan, has launched a series of initiatives to support health services and people under financial stress due to the Covid-19 pandemic. The group has donated more than 35,000 face masks to Spectrum Health in Grand Rapids, Michigan. The protective equipment will be used by healthcare ...
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News briefs
Legero United receives Austrian Ecolabel
Legero United, the Austrian-based footwear group that markets brands such as Legero, Superfit, Vios and Think, received the Austrian Ecolabel at the annual energy saving’s trade show in Wels in early March. The five-day event focused on ecology, renewable energy and energy efficiency. Legero’s women’s shoe brand and the Superfit ...
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News briefs
eBay appoints new CEO
eBay has appointed Jamie Iannone, most recently chief operating officer of Walmart’s e-commerce division, as its new chief executive officer, effective Apr. 27. He succeeds Devin Wenig, who left eBay in September 2019. Scott Schenkel has acted as interim CEO. He was previously the group’s chief financial officer.
