All News briefs articles – Page 5
-
News briefs
Eqwal buys Reed Medical
Eqwal, a French provider of custom orthopedic prosthetics, has acquired all the shares in Reed Medical, a British provider of bespoke footwear to the National Health Service in England and private market in the UK. No financial details were released. “This acquisition marks an exciting new chapter for Reed and ...
-
News briefs
Manolo Blahnik opens a store in Milan
Manolo Blahnik opened its first store in Milan. The 300-square-meter shop is located in Via Pietro Verri 5 and is the brand’s largest in Europe. The company’s CEO, Kristina Blahnik, told FashionNetwork.com that the luxury footwear brand expects to close 2025 with a 5 percent increase in revenues from the ...
-
News briefs
Luxome enters the footwear segment with a slipper launch
Luxome, a US luxury comfort brand, announced its “first foray” into footwear with the launch of the Signature Slipper for men and women. The slipper is available in four neutral tones – chestnut, walnut, birch and ash – for $175 exclusively at luxome.com. “Over three years in the making, the ...
-
News briefs
Italian court appoints an expert for Aeffe and Pollini’s negotiated settlement procedure
The Chamber of Commerce of Romagna Forlì-Cesena and Rimini appointed on Oct. 8 Riccardo Ranalli as the expert to reach a negotiated settlement for the financial crisis affecting the Italian luxury goods company Aeffe and its footwear unit Pollini. On Oct. 10, Aeffe filed a petition with a court in ...
-
News briefs
LVMH sees improving sales in Q3
LVMH’s fashion and leather goods division posted revenues of €29.922 billion in the first nine months of 2025, down by a reported 8 percent year-over-year and down by 6 percent organically. In the sole third quarter, the division’s revenues fell by an organic 2 percent. Sales for the whole French ...
-
News briefs
Staray and Jo System join forces
Staray, a Chinese brand of 3D-printed footwear, set up with Jo System, an Italian provider of milling and lasering solutions, the Staray & Jo System Joint Design and Production Center, a research and development hub that “infuses technology into design and empowers design with the innovation of technology,” the ...
-
News briefs
Fendi hires Maria Grazia Chiuri as Chief Creative Officer
Fendi, the Rome-based fashion house owned by the French group LVMH, has appointed Maria Grazia Chiuri as Chief Creative Officer. She will present her first collection, for the fall/winter 2025-2027 season, in Milan in February. “Maria Grazia Chiuri is one of the greatest creative talents in fashion today, and I ...
-
News briefs
Geox appoints a new commercial and marketing head
Geox appointed Francesco Santachiara as Chief Commercial, Marketing and Merchandising Officer in September. He was previously Global Head of Wholesale for one year at the Italian footwear company. Prior to joining Geox, Santachiara worked for a decade at L’Oréal and for nine years at Luxottica. The appointment comes after Geox ...
-
News briefs
Ross Stores completes store openings for fiscal 2025
Ross Stores opened 36 Ross Dress for Less and four dd’s Discounts stores across 17 different states in September and October. “These new locations complete the company’s store growth plans for fiscal 2025, with the addition of 90 new locations throughout the year,” said the US off-price apparel and home ...
-
News briefs
Frasers buys a majority stake in The Webster
Frasers has acquired a majority stake in The Webster, a Miami-based luxury retailer. The move marks another step in the British group’s strategy to expand its presence in the luxury and premium retail space, complementing its Flannels division. The financial terms of the transaction were not disclosed. Laure Hériard ...
-
News briefs
Cesare Paciotti dies at 69
Cesare Paciotti, the Italian footwear designer and businessman, died on Oct. 12 at age 69 in his home in Civitanova Marche, in the Marche region. In 1980, Paciotti and his sister, Paola, who had taken over the family footwear business that had been created in 1948 by their father Giuseppe, ...
-
News briefs
Global sustainable footwear market forecast reaching $15.9bn by 2032
The Indian market intelligence firm Credence Research projects the global sustainable footwear market will expand from $10.33 billion in 2024 to $15.9 billion by 2032, representing a compound annual growth rate (CAGR) of 5.6 percent. The study spans both athletic and non-athletic footwear segments and outlines how shifting consumer behavior, ...
-
News briefs
Marc Fisher LTD celebrates it tenth anniversary
The American footwear brand Marc Fisher LTD is celebrating its 10th anniversary. “Looking back, it’s almost unbelievable what we have built with a small, dedicated team and a tightly focused marketing budget,” said the founder Marc Fisher. “We relied on the product—its quality, style, and functionality—to speak for itself. ...
-
News briefs
China to impose extra fees on US ships from Oct. 14
China will impose additional fees on US vessels using its ports from Oct. 14 in retaliation to a similar measure by the US, according to the Transport Ministry. The extra fees will apply to ships owned and operated by American companies, as well as vessels built in the US. The ...
-
News briefs
Salehe Bembury launches Spunge
After working with the likes of Cole Haan, Veezy, Versace, New Balance and Crocs, the designer Salehe Bembury has launched his sneaker brand Spunge in partnership with Violet St. He will be acting as founder, designer and co-owner of the new business. “It’s always an honor to work with brands, ...
-
News briefs
Famous Footwear Australia closes down
The Australian retailer Famous Footwear announced that it is closing down after 25 years of activity. The company’s online store will stop operating at the end of the year, while its 17 stores located in the states of New South Wales, Queensland and Victoria are scheduled to close early 2026. ...
-
News briefs
Lowa appoints a new head for its US business
Lowa announced the departure of Peter Sachs, General Manager of Lowa USA, after nearly three decades at the helm. Sachs, who established Lowa’s US subsidiary in 1996, played a pivotal role in positioning the brand as a premium name in the American outdoor footwear market. Sachs will be succeeded by ...
-
News briefs
Designer Brands’ CFO steps down
Designer Brands announced that Jared Poff has decided to resign as Executive Vice President, Chief Financial Officer and Chief Administrative Officer to pursue a new professional opportunity, effective Oct. 31. Mark Haley, the company’s Senior Vice President, Controller and Principal Accounting Officer, has been named Interim Principal Financial Officer, ...
-
News briefs
Worldly acquires GoBlu to unify environmental and chemical data management
Worldly, a sustainability intelligence platform, has acquired GoBlu, the company behind The BHive, a widely used digital solution for chemical inventory management, traceability, and compliance in apparel and textile supply chains. The acquisition marks a major step toward building the first unified system that connects verified environmental performance data ...
-
News briefs
Ochsner Shoes launches the women’s footwear brand Studio Amo
The Swiss shoe retailer Ochsner Shoes has expanded its private label portfolio with the launch of Studio Amo, a new brand dedicated to women’s shoes. The collection is manufactured in Portugal. The brand name, derived from the universal language Esperanto, translates to “place of love.” Studio Amo is available in ...
