All News briefs articles – Page 3
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News briefs
ThredUp appoints Kelly Bodnar Battles to board
The US-based online resale platform ThredUp announced that Kelly Bodnar Battles will join its board of directors, effective Dec. 1 and serve as Chair of the Audit Committee. The move supports the company’s financial oversight as it expands and evolves into an AI-first resale platform. “Kelly’s experience in financial ...
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News briefs
US to cut Swiss trade tariffs to 15%
The United States and Switzerland reached trade agreement under which the US will cut import tariffs on Swiss products to 15 percent from 39 percent, while Switzerland will remove a range of tariffs across agriculture and industrial sectors and Swiss companies pledged to invest $200 billion in the US ...
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News briefs
Eurozone faces subdued growth in the coming years
The eurozone’s real domestic gross product (GDP) is expected to rise by 1.3 percent this year, 1.2 percent in 2026 and 1.4 percent in 2027, according to the European Commission’s autumn forecasts. In its previous forecasts in May, the European Commission expected 0.9 percent growth this year and 1.4 ...
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News briefs
Vivobarefoot's FY revenues up 5%
UK-based footwear brand Vivobarefoot reported a 5 percent increase in revenue to £91.4 million for the 2024/25 financial year, driven by a 12 percent rise in units sold to 1.2 million pairs. The company published its annual impact report titled Unfinished Business, highlighting both achievements and operational setbacks. More in ...
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News briefs
Hwaseung Footwear to build a plant in India
Hwaseung Footwear, a leading South Korean footwear manufacturer with producers for global brands such as Adidas, plans to invest 898 crore rupee (€87.1m) in a manufacturing facility in Kuppam, in the Indian state of Andhra Pradesh, to produce non-leather footwear. In the Indian numeral system, a crore corresponds to 10 ...
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News briefs
MySize's revenues up by 26% quarter-on-quarter
MySize, an Israel-based producer of AI-driven sizing solutions, footwear fit-tech and retail innovation, has reported results for the third quarter of 2025 that show revenues rose by 26 percent quarter-on-quarter to $2.6 million. Year-over-year, the gross profit jumped by 27 percent $1.0 million, the operating loss was cut by 9 ...
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News briefs
French footwear exports down 3% in the first nine months of 2025
French exports of footwear totaled €3.957 billion in the first nine months of 2025, down by 3 percent year-over-year, while imports were up by 2 percent at €6.298 billion, according to data released by Alliance France Cuir, the trade association representing the country’s leather and leather goods industry. It added ...
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News briefs
BFShow attracts over 10,000 visitors
BFShow, the trade show promoted by the Brazilian footwear association Abicalçados in partnership with NürnbergMesse Brasil, attracted more than 10,000 visitors to its fitth edition, held in São Paulo from Nov. 10 to 12. Foreign visitors totalled 1,300, coming from 46 countries. BFShow, through its Programa Comprador scheme, brought ...
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News briefs
Columbia appoints two co-Presidents as part of its succession plan
Columbia Sportswear has appointed Peter Bragdon and Joseph Boyle as co-Presidents, effective Nov. 12, as part of the US group’s ”ongoing process to advance its succession plans” at the helm. Bragdon has been promoted President of the company and will now oversee all the company’s international operations, the Mountain Hardwear, ...
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News briefs
Asos refinances its debt
Asos says that it has refinanced its asset backed loan facility into a secured term loan and delayed draw term loan (DDTL) with a new syndicate of private lenders. The new financing facilities comprise a £150 million (€170m) term loan and an £87.5 million (€99.1m) DDTL maturing in November ...
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News briefs
Footasylum hires Mad Agency as its exclusive distributor for Germany and Austria
Footasylum has selected Mad Agency to serve as its distributor in the DACH region, which comprises Germany, Austria and Switzerland. Under the new agreement, Mad Agency will represent Footasylum’s full brand stable as its exclusive sales agency for Germany and Austria. The partnership officially launches in November 2025 and ...
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News briefs
Permira reportedly in talks to sell Golden Goose to HongShan Capital
The private equity firm Permira is in talks to sell Golden Goose to the Chinese fund HongShan Capital based on a valutation of more than €2.5 billion, according to the Italian daily Il Sole 24 Ore. If confirmed, the transaction will mark the fifth change of ownership in 12 years ...
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News briefs
Italy’s GDP growth is expected to be subdued in Q4
Italy’s gross domestic product (GDP) in the fourth quarter of 2025 is not expected to be “particularly strong” although data available to date does not indicate an economic contraction either, said Claudio Vicarelli, an executive with the statistics institute Istat, in a parliamentary hearing on the budget. Preliminary figures ...
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News briefs
EU countries reach an agreement to reduce CO2 emissions 90% by 2040
European Union ministers with responsibility for climate have reached an agreement to cut net carbon dioxide emissions 90% by 2040, said the Danish Climate Minister, Lars Aagard. Denmark currently holds the rotating presidency of the European Council. The agreement provides for some flexibility in reaching that goal. For example, the ...
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News briefs
Paul Green ends production at its Austrian HQ
The Austrian footwear brand Paul Green has announced it will cease production at its headquarters in Mattsee, near Salzburg, citing a persistently difficult economic environment, declining consumer spending and recently introduced US tariffs on shoe imports. The company said that despite extensive efficiency measures, the high costs of local ...
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News briefs
Wolverine appoints a new head for its Work Group division
Wolverine Worldwide has appointed Justin Cupps as President of its Work Group. Cupps will oversee the brands Wolverine, Bates, CAT Footwear, Harley-Davidson Footwear, HyTest and Merrell Work. He will report directly to Chris Hufnagel, the President and Chief Executive Officer of Wolverine Worldwide, and join the company’s executive team. Cupps ...
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ABG names SVP for Reebok
Authentic Brands Group (ABG) has appointed of Daniel Schachne as Senior Vice President in charge of Reebok. In his new role, Schachne will lead ”Reebok’s global growth strategy, working closely with licensing partners, retailers and brand ambassadors to sharpen its focus on sport and culture on a global scale. Alongside ...
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News briefs
Havaianas tops The Lyst Index in Q3
Havaianas’ Top flip-flips were the hottest fashion item in the third quater, and Nike placed two shoe models among the world’s top ten most appealing products, according to The Lyst Index. Saint Laurent’s Le Loafer ranked as the second-hottest fashion item, while The Row’s Eel loafer ranked fourth. The Nike ...
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News briefs
Scarpa adds three new managers
Scarpa, the Italian brand specializing in the production of technical footwear for mountain and outdoor activities, has strengthened its organizational structure with three new managers. Enrico Bucciol takes on the role of Chief Product Officer, acting as a point of reference for product development and innovation. Carlo Maria Ferrero takes ...
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News briefs
Haglöfs reorganizes sales team in Southern Germany, Austria
The Swedish outdoor specialist Haglöfs has reshuffled its sales team in Southern Germany and Austria as part of ongoing efforts to strengthen its Central European sales structure. Bavarian-born sales expert Max Hagl has taken over sales responsibilities in Bavaria, succeeding Lisa Wendl, who will leave the company in December. ...
