All News briefs articles – Page 208
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News briefs
The tax evasion inquiry involving Gucci, part of the Kering...
The tax evasion inquiry involving Gucci, part of the Kering luxury conglomerate, is reportedly leading to a formal request for a trial. According to reports by Reuters, which quote “a judicial source,” Milan prosecutors have wrapped up their investigation into alleged tax evasion of around €1 billion, paving the way ...
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Six Italian fashion-related trade shows – Micam, Mido, Mipel, Milano...
Six Italian fashion-related trade shows – Micam, Mido, Mipel, Milano Unica, Lineapelle and The One Milano – staged a collective presentation during the China International Import Export (CHE) fair in Shanghai on Nov. 5 to 10. Called “The Garden of Lifestyle,” it was organized by their new umbrella federation, Confindustria ...
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Sabu, the German voluntary group of independent shoe retailers, has...
Sabu, the German voluntary group of independent shoe retailers, has redesigned its online presence. A new website, laufgut.de, was launched under the slogan “Wellness for the feet.” There consumers can search for retailers and obtain information on products and brands. Each retailer has its own presentation, with photos, brand names, ...
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On Dec. 9-10, for the 45th anniversary of its famous...
On Dec. 9-10, for the 45th anniversary of its famous Yellow Boot, Timberland will be hosting an exhibition at the Vinyl Factory in London. On display will be collaborative designs with Stüssy, Supreme, Off-White, Opening Ceremony, OVO and Pharrell Williams as well as a 45th-anniversary limited-edition boot, which will go ...
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Adidas and Nike were among the 237 brands that generated...
Adidas and Nike were among the 237 brands that generated sales of more than 100 million yuan renmimbi (€12.6m-$14.4m) at Alibaba's Single's Day consumption festival on Nov. 11. New Balance was also a winner with 60,000 pairs of shoes ordered during a pre-sales program. Overall, consumers placed orders for a ...
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Dominik Benner, the owner of Schuhe24, the German-based online marketplace...
Dominik Benner, the owner of Schuhe24, the German-based online marketplace for independent shoe retailers, has acquired 40 percent of We Want Shoes, the German online brand marketing and networking platform. The price paid for the acquisition was not reported. Saydou Bangoura, founder of We Want Shoes, remains chief executive of ...
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Alibaba's Single's Day festival collected orders worth $30.8 billion in...
Alibaba's Single's Day festival collected orders worth $30.8 billion in terms of merchandise value on Nov. 11, or 27 percent more than one year ago. The 24-hour event in China was much more successful than the 36-hour Amazon Prime Day in July, which racked an estimated $4.2 billion.
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Zalando booked a net loss of €41.7 million in the...
Zalando booked a net loss of €41.7 million in the third quarter, up sharply from €11.1 million in the year-ago period, while sales growth slowed down to 11.7 percent from 28.7 percent. The adjusted operating profit (Ebit) sank to a negative level of €38.9 million on total turnover of €1.2 ...
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Diego Della Valle, whose family owns 61.5 percent of Tod's,...
Diego Della Valle, whose family owns 61.5 percent of Tod's, has “categorically” ruled out selling the company or any of its assets. In an interview with the daily La Repubblica, Della Valle, who is also chairman and co-chief executive of the company, said that he would be willing to buy ...
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Stuart Weitzman's sales declined by one percent to $95 million...
Stuart Weitzman's sales declined by one percent to $95 million in the first quarter of Tapestry's financial year, ended on Sept. 29. The drop was attributed to ongoing development and delivery delays, but the management said that production levels and shipments have now stabilized. The total revenues of the group, ...
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News briefs
Michael Kors, which acquired Jimmy Choo in November of last...
Michael Kors, which acquired Jimmy Choo in November of last year, reported better than expected revenues from the brand for the second quarter of its financial year, ended on Sept. 30, with double-digit growth on a pro forma basis. A contribution of $116.7 million from Jimmy Choo helped boost the ...
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Joya and Kybun have recently signed a cooperation agreement. The...
Joya and Kybun have recently signed a cooperation agreement. The Swiss brands of comfort shoes will from now on have a common warehouse in order to serve customers faster and more efficiently. In order to meet the planned expansion outside its domestic market, Switzerland, Kybun will move to additional offices ...
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News briefs
Lowa has announced that Alexander Nicolai will join the top...
Lowa has announced that Alexander Nicolai will join the top management on Jan. 1 as joint managing director alongside Werner Riethmann, the German company's longtime chief executive, and Rudolf Limmer and Matthias Wanner, the commercial director and international sales manager. Nicolai has been heading up design and product development at ...
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Foster & Son has opened a new shoe factory in...
Foster & Son has opened a new shoe factory in Northampton, the first new shoe factory in decades in the U.K. The firm chose Oct. 25, the feast of St. Crispin, patron of industry, to inaugurate the facility. The factory currently employs eight workers, but the company plans to increase ...
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Karl-Heinz Müller, the founder of the Bread & Butter show,...
Karl-Heinz Müller, the founder of the Bread & Butter show, has canceled the L.O.C.K. trade show that was scheduled to take place on Jan. 15-17, 2019, at the former Tempelhof airport in Berlin. In a statement, Müller says that there were uncertainties surrounding the rental of the airport's Hangar 7 ...
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News briefs
The president of Assocalzaturifici, Annarita Pilotti, met with Italian Prime...
The president of Assocalzaturifici, Annarita Pilotti, met with Italian Prime Minister Giuseppe Conte at the inauguration of Obuv' Mir Koži, the international exhibition for shoes and leather products in Moscow, and discussed with him of the difficult situation that Italian shoe companies exporting to the region are still facing. This ...
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Santoni has announced that Marco Zanini, its clothing designer, will...
Santoni has announced that Marco Zanini, its clothing designer, will be leaving the brand. The two parties have decided to end their collaboration at the natural end of the contract. Zanini has been in charge of the ready-to-wear collections of the Italian shoe brand for four seasons. He accompanied Santoni ...
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Kering has announced Ginevra Elkann as a new independent member...
Kering has announced Ginevra Elkann as a new independent member of its board of directors. Her nomination will be submitted to shareholders for approval at the next Annual General Meeting, to be held on April 24, 2019. She replaces Laurence Boone, who has resigned following her appointment as chief economist ...
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News briefs
John Saunders has announced his wish to leave as chief...
John Saunders has announced his wish to leave as chief executive of the British Footwear Association (BFA) by the end of February, after the usual round of footwear trade show, triggering a search for his successor. Indicating that he is evaluating a couple of other options in the commercial field, ...
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News briefs
Schuhe.de, the ANWR Group's internet platform for shoe retailers, is...
Schuhe.de, the ANWR Group's internet platform for shoe retailers, is expanding into Austria. The German buying group has launched a new internet platform there, called Schuhe.at, where affiliated retailers will be able to sell their products as of 2019.
