All News briefs articles – Page 9
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News briefs
Sport 2000 Austria joins forces with ANWR Group
At an extraordinary general meeting on Jan. 11, 2024, the Zentrasport Österreich e. Gen. cooperative, which is part of the international retail network Sport 2000, decided to become part of ANWR Group eG and the Sport 2000 country network led by Sport 2000 Germany. In July 2023, the Austrian cooperative ...
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News briefs
Yue Yuen's manufacturing sales decline again in December
Manufacturing sales of Hong Kong-based Yue Yuen Industrial fell by 2.4 percent to $420.4 million in December. It was the slowest decline in manufacturing sales last year. For the whole of 2023, sales were down by 18.4 percent. However, sales at Yue Yuen’s retail business Pou Sheng grew by 15.9 ...
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News briefs
SQIM raises €11m to develop mycelium-based materials
SQIM, an Italian start-up created in 2015 and specialized in materials bio-produced using mycelium, said that it has successfully closed an €11 million funding round in which participated CDP Venture Capital, ECBF VC, Kering Ventures and Progress Tech Transfer. The funds will enable SQIM, formerly known as Mogu, to launch ...
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News briefs
Informa to merge its Tech digital businesses with TechTarget
Informa, a British publishing, business intelligence and exhibition organizer, has reached an agreement to combine its Tech’s digital businesses with TechTarget. “Today we significantly strengthen Informa’s position in the growing B2B Digital Services market, creating a platform to serve B2B customers at scale digitally, as we already do in Live ...
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News briefs
Kybun Joya expands in the Middle East
The Swiss comfort shoes manufacturer Kybun Joya is expanding in the Middle East with the opening of 10 new stores in the Gulf states in the coming months. The company’s retail franchise has already grown to over 65 locations worldwide and it recently opened a new store in the ...
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News briefs
Schuh Mücke managing director Thomas Klein steps down
Schuh Mücke, the German shoe and sporting goods retail chain within the ANWR Group, has undergone a management change. The managing director, Thomas Klein, left the company at the end of December after 13 years spent working in various roles across the group. According to the Mücke Group, Klein ...
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News briefs
U.K. retail sales hit by weak consumer confidence in December
In December, total retail sales in the U.K. rose by 1.7 percent compared with 6.9 percent growth in the same period of 2022 and below the three-month average increase of 2.3 percent and the 12-month average rise of 3.6 percent, according to the latest survey released by the British Retail ...
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News briefs
Caleres reiterates its full-year guidance
Caleres reaffirmed its financial outlook for consolidated sales and earnings per share (EPS) for the fiscal year 2023. The U.S. footwear company expects net sales to be down by 4.5 percent to 5.5 percent compared to fiscal 2022, diluted EPS of $3.96 to $4.06 and adjusted diluted EPS of $4.10 ...
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News briefs
Christmas shopping fails to boost online sales in Germany
Online Christmas sales again failed to bring a holiday cheer to German retailers, despite strong sales during the ‘Black Week’. Total online retail sales in the country in the run-up to Christmas, from the beginning of October to the end of November, were down by 7.7 percent, unadjusted for inflation, ...
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News briefs
Piquadro’s revenues up by 3.7% in first 9 months
The Italian leather goods company Piquadro generated revenues of €131.5 million in the nine months ended Dec. 31, up by 3.7 percent compared to the previous year. At constant exchange rates, revenues rose by 4.8 percent. Revenues at the Piquadro brand increased by a reported 9.8 percent, and by 11.7 ...
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News briefs
Gabor appoints Sascha Negele as board member for customer and brand
The German shoe manufacturer Gabor Shoes has hired a new customer, brand and sales director. The Rosenheim-based company appointed sales expert Sascha Negele as board member for customer and brand. After the CEO, Achim Gabor, stepped down in mid July 2023 for health reasons, these departments were co-managed by ...
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News briefs
Emilio Zamberlan has passed away
Emilio Zamberlan has passed away at the age of 80. His father, Giuseppe, was the founder of the Italian footwear company Calzaturificio Zamberlan, which specializes in handmade outdoor and hunting footwear, in 1929. The company is now led by the third generation with Marco and Maria. Emilio Zamberlan projected Calzaturificio ...
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News briefs
LuisaViaRoma buys Holding IT
The Florence-based online multibrand retailer LuisaViaRoma has acquired Holding IT, the owner of Playground, a retailer of luxury sportswear stores operating under the banner Soft, and of FFW, a creator and manager of e-commerce sites for fashion brands. The combined group had sales of nearly €400 million in 2023 and ...
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News briefs
Boot Barn reports a sharp drop in same-store sales
In the fiscal third quarter ended Dec. 30, Boot Barn estimated that net sales grew by 1.1 percent year-over-year to $520.4 million thanks to new store openings. The company opened 11 new stores in the third quarter, or 37 stores year-to-date, bringing the total store count to 382. Same-store sales ...
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News briefs
K-Swiss appoints a new head of lifestyle
K-Swiss has appointed Andrew Richard, most recently vice president and general manager for North America at FootBalance System, as its new vice president of lifestyle. He will report to Barney Waters, who rejoined K-Swiss in November as its international brand president. Richard will be tasked with leading lifestyle sales for ...
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News briefs
Amer Sports files registration form for planned U.S. IPO
Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The number ...
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News briefs
Maersk to divert shipping from Red Sea for “foreseeable future”
Maersk said that it will divert all vessels from the Red Sea and the Suez Canal south around the Cape of Good Hope for the “foreseeable future”. The decision was taken by the Danish shipping company because of the volatile situation in the Red Sea as Yemen’s Houthi rebels ...
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News briefs
ABG partners with BBC International for DC Shoes in U.S., Canada
Authentic Brands Group (ABG) has partnered with Florida-based BBC International for its skateboarding, snowboarding and street lifestyle brand DC Shoes. Under this agreement, BBC will handle the global design, wholesale distribution and sourcing of DC Shoes footwear and snowboard boots in the U.S. and Canada. BBC is a full-service footwear ...
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News briefs
U.K. store footfall declined in December
Retail store visits for the five weeks ended Dec. 30 fell by 5.0 percent year-over-year in the U.K. due to poor weather and weak consumer confidence, according to the British Retail Consortium and Sensormatic Solutions IQ’s Footfall Monitor report. The footfall was down by 0.7 percent year-over-year in November after ...
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News briefs
Footway to hold an EGM on Jan. 25
The e-commerce company Footway Group AB has convened an extraordinary general meeting for its shareholders on Jan. 25, 2024, at the company’s premises in Kista, Sweden. The company stated in a press release that it “will shortly apply for plan negotiations to complete the reconstruction formally,” and it is expected ...
