All News briefs articles – Page 99
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News briefs
Woolybubs launches a dissolving baby shoe
Woolybubs, a U.S. maker of kids shoes, has launched Newbie, a baby shoe which is entirely made of biodegradable materials that dissolve in boiling water. “The Newbie is our first step to empowering more parents with ways to leave a smaller footprint,” said Megan Millikan, Woolybubs’ co-founder, in a statement. ...
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News briefs
Evoco partners with leading footwear brands to develop sustainable products
Evoco, a Canadian cleantech company based in Toronto, has partnered with global leaders in active footwear such as Timberland, Kodiak and Vans with the purpose of reinventing the materials used in their product line-ups. Evoco is a privately-owned company that develops plant-based sustainable products. It has launched a new type ...
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News briefs
Spartoo voted best online retailer by French magazine
Spartoo ranked number one in the 2022 list of the best online retailers by Capital, a French business magazine. It is the second time that the French online retailer of footwear and apparel topped the ranking. The company obtained a score of 8.6/10 in the “Multi-brand shoes” category, within the ...
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News briefs
Allbirds and Adidas expand their collaboration
Adidas and Allbirds have expanded their collaboration for low-carbon running shoes. Four new colorways of the Adizero x Allbirds 2.94 KG CO2E have been launched on adidas.com, allbirds.com, the Adidas and Allbirds apps and select Adidas and Allbirds stores globally. The new footwear drop is an evolution of the ”Futurecraft.Footprint” ...
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News briefs
Veja cooperates with luxury brand Mansur Gavriel
French shoe brand Veja has collaborated with Mansur Gavriel, the New York-based luxury shoe and bag brand, on a fresh take on Veja’s Campo sneaker. The classic Campo has been re-imagined in an array of Mansur Gavriel’s signature bright colors. Mansur Gavriel explained that each Veja x MG sneaker was ...
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News briefs
Digital CSR training program helps companies build a more meaningful business
The Swedish business development consultancy Helping You Grow International Business AB (Huginbiz) is offering a new digital training program starting this September to help brands transition to a more sustainable and responsible business. “Better Every Day” is a 6-month introductory program that introduces sustainability and CSR and how to effectively ...
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News briefs
LVMH enjoys a strong start to the year
LVMH saw organic sales of its fashion and leatherwoods division rise by 30 percent in the first quarter of 2022 compared to the same quarter of 2021, as the French luxury goods conglomerate said that it has enjoyed a “good start to the year.” On a reported basis, the division ...
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News briefs
Silvateam launches Ecotan Shoes
Silvateam has launched Ecotan Shoes, which it claims is the first shoe that can be “easily and completely” turned into an organic fertilizer. The sneaker is made from an ecofriendly leather, called Ecotan, naturally tanned with chestnut and quebracho wood tannins, which are PEFC (Programme for Endorsement of Forest Certification) ...
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News briefs
Zappos confirms Scott Schaefer as CEO
Zappos.com has confirmed Scott Schaefer as chief executive officer. He had been acting CEO since December 2021. Prior to becoming CEO, Schaefer served as vice president of finance which was preceded by multiple positions with financial, operational, and strategic scopes at the company. Before joining the U.S. online retailer of ...
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News briefs
Aquafil and Itochu to expand nylon circular business
Aquafil, the creator of the branded Econyl regenerated nylon, and Tokyo-based Itochu Corporation signed a non-exclusive business alliance agreement to expand and accelerate the nylon circular business. The two companies announced a strategic partnership in February last year. Aquafil created its Econyl Regeneration System in 2011. Econyl nylon is made ...
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News briefs
Zegna posts higher-than-expected Ebit margin
The Italian fashion group Ermenegildo Zegna posted an adjusted Ebit of €149 million in 2021, resulting in an adjusted Ebit margin of 11.5 percent, above guidance for a margin of about 10 percent provided in February. Zegna, whose shares are listed on the New York stock exchange, attributed its better-than-expected ...
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News briefs
Sosandar lifts earnings guidance after strong second half
The British online women’s fashion brand Sosandar lifted annual earnings and revenues guidance again after recording profits in successive quarters. The company, founded by two fashion journalists in 2016, expects at least £29 million (€34.7m) in revenues, up by 138 percent year-on-year, and for underlying losses to be cut by ...
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News briefs
50 Italian brands take part in trade fair held in Kazakhstan
Fifty Italian brands are taking part in La Moda Italiana@Almaty, an event organized by the Italian footwear association, Assocalzaturifici, in partnership with the Italian fashion industry association, Ente Moda Italia, and with the collaboration with the Italian furriers’ association, AIP, and the Italian leather goods association, Assopellettieri. The event also ...
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News briefsFootwear start-up Hylo raises €2.9 million for low-CO2 vegan shoes
The U.K.-based brand Hylo Athletics, co-founded by ex-football professional Michael Doughty in 2020, has secured €2.9 million in a Series A funding round for its vegan-friendly sneakers that are made with natural rubber, cotton, algae and corn fiber. The company claims the “corn runners” have a 52 percent lower carbon ...
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News briefsFrank Schuffelen appointed CEO of ANWR Group
Source: ANWR Frank Schuffelen, ANWR The ANWR Group, headquartered in Mainhausen, Germany, has appointed Frank Schuffelen as CEO, effective April 1. Schuffelen was previously spokesman of the board and responsible, among other things, for corporate development, human resources, finance, controlling and corporate communications. He will now head ...
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News briefsNew U.S. brand introduces recovery footwear
Velous Footwear, founded in early 2022, has launched its first line of sandals designed to promote and optimize active recovery for athletes of all levels. Velous’ sandals are designed to help feet, ankles, knees and legs recover quickly from athletic or strenuous activities. The sandals incorporate the company’s patent-pending TriMotion ...
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News briefs
Lululemon hires two executives for its new footwear business
Just days after announcing its first own footwear line, Lululemon is bolstering its executive team with the hiring of Simon Atkins as SVP of footwear and Phil Dickinson as SVP, global creative director. Atkins most recently led basketball and U.S. sports at Adidas and has held several senior management and ...
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News briefsTod’s wants to enhance the value of its brands
Tod’s wants to enchance the value of its four brands this year and has stopped trading with Russia following the country’s invasion of Ukraine on Feb. 24, according to the company’s chairman and chief executive Diego Della Valle. The group owns the brands Tod’s, Hogan, Roger Vivier and Fay. Speaking ...
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News briefsKlarna acquires PriceRunner
Klarna, the fintech company that intermediates between retailers and customers, handling direct payments, payments after delivery and installment plans, has acquired all of PriceRunner, a comparison-shopping service operating in Sweden, Denmark, Norway and the U.K. Klarna will be adding PriceRunner’s product discovery, price comparisons and product reviews to its own ...
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News briefsHunter introduces slippers and sandals with algae
Hunter, one of the bigger players in the rubber boots market, has introduced a capsule of summer slippers and sandals made from blown EVA and a share of a new material made with algae that are harvested by cleaning up waterways. The colorful “Bloom” line consists of a sandal and ...
