News Briefs – Page 8
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News briefs
Fessura raises €1.8m in crowd funding
Fessura, a sneaker company based in Italy’s Marche region, raised €1.8 million in a crowdfunding that attracted 161 investors. The fund raising was carried out on the Mamacrowd platform and closed on Jan. 17. The minimum goal of the crowd funding was €800,000 and the maximum size €2.1 million. The ...
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News briefs
Ara appoints new sales manager for specialist retailers
The German footwear group Ara has appointed a new sales manager for specialist retailers in the domestic market. Christian Kühn joined the company on Jan. 1, succeeding Sven Krafft. He reports directly to the head of sales, Frank Lüttig. Kühn previously worked as sales manager for the Dielmann ...
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News briefs
Paul Green joins the Leather Working Group
The Austrian footwear label Paul Green has joined the Leather Working Group, a global, non-profit, multi-stakeholder organization that focuses on upholding and promoting environmental and social sustainability standards in the leather value chain. With the move, the shoe manufacturer wants to underline its “commitment to transparent and sustainable practices,” ...
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News briefs
Designer Brands appoints a former Deckers executive as brands president
Andrea O’Donnell has been appointed brands president and executive vice president of Designer Brands, effective Jan. 29. O’Donnell will be responsible for all of Designer Brands’ owned and licensed brands, which include Keds, Vince Camuto, Topo Athletic, Hush Puppies, Le Tigre, Lucky Brand, Jessica Simpson, Kelly & Katie, Crown Vintage, ...
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News briefs
Zalando launches a new space for designer brands
Zalando has established a new ”luxury boutique-style” space for designer brands and has teamed up with the British-Japanese musician and actor, Rina Sawayama, as the new ambassador for the designer and luxury fashion offering in 2024. For designer brand partners, the service ”offers an opportunity to narrate their story, unveil ...
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News briefs
Amazon fined in France for excessive surveillance of staff
The Amazon France Logistique arm of U.S. e-commerce giant Amazon was fined €32 million by the French data protection authority for “excessively invasive” surveillance of its employees. According to the authority, the data collected by the scanners used by employees in the parcel processing warehouses represents an “excessive” monitoring system ...
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News briefs
Some CMA CGM ships continue to use the Red Sea route
The French container carrier CMA CGM is still sending some of its ships through the Red Sea despite attacks on commercial vessels by Houthi rebels based in Yemen, according to the news agency Dow Jones. The shipping company, which is the third largest in the world in terms of capacity, ...
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News briefs
D.a.t.e. invests in Santha
D.a.t.e., a Florence-based sneaker brand launched in 2005, has invested in the sneaker startup Santha to support its development. Along with buying a stake in Santha, D.a.t.e. will be in charge of the production and distribution of the company’s collections. Santha will be distributed in 100 points of sale worldwide ...
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News briefs
The cyberattack on VF may affect about 35.5 mln clients
VF Corp. said that data from about 35.5 million of its customers was stolen in a cyberattack on the Dec. 13. The parent company of The North Face, Vans and Timberland further stated that it does not store sensitive customer data such as SSN, bank or payment card details ...
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News briefs
La Sportiva opens its first store in the U.S.
La Sportiva, an Italian maker of mountain gear, opened its first premium retail store in the U.S., in Boulder, Colorado. The store is located at 2100 Broadway, which is the crossroads of Spruce and Broadway Streets, and opened its doors to the public on January 2. It features products from ...
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News briefs
Hanwag appoints a new head of development
The German hiking and mountaineering boot manufacturer Hanwag, founded in 1921, has appointed Christoph Hühnerbein as the new head of research and development. Hühnerbein has been leading the eight-strong team since Oct. 1, 2023. With experience at leading companies in the industry such as Adidas, Lowa and Mammut, he brings ...
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News briefs
Snipes’ U.S. chief merchandising officer retires, his successor is named
The global sneaker and streetwear retailer Snipes announced the retirement of Brian Forde, group chief merchandising officer in the U.S., effective June 30, 2024. After 40 years in the sneaker industry, Forde is retiring. Forde began his career in various sales leadership roles at Nike before transitioning into retail in ...
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News briefs
Allbirds names a chief marketing officer and a chief design officer
The U.S.-based sustainable footwear company Allbirds has filled two crucial executive leadership roles. Kelly Olmstead, formerly senior vice president of brand & marketing, has been elevated to the position of chief marketing officer. With 25 years of experience in the sporting goods, footwear, and apparel industry, Olmstead brings a wealth ...
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News briefs
Vagabond donated to a foundation
The owners of the Swedish footwear brand Vagabond Shoemakers have donated the company to a newly formed foundation.“For over 30 years, the founders of Vagabond Shoemakers, Marie Nilsson Peterzén and Mats Nilsson, have dedicated themselves to building one of Europe’s strongest shoe brands. Now, the entire company is handed over, ...
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News briefsTamaris opens a flagship in Paris
Tamaris has opened a 130 square meter flagship in Paris, near the Garnier opera house. The store is managed by Stéphane Mordowicz of Groupe SMC. Mordowicz already runs several Tamaris stores in France. Tamaris is a brand of the German footwear manufacturer and distributor Wortmann Group. “At this prestigious ...
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News briefs
CMA CGM unit to buy Wincanton
The British logistics group Wincanton approved a 450 pence (€5.2) per share cash offer from CEVA Logistics UK, which is controlled by the French shipping company CMA CGM. The acquisition values Wincanton at approximately £566.9 million (€661m) on a fully diluted basis and £764.9 million (€891m) on an enterprise value ...
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News briefs
Lubrizol obtains ISCC PLUS certifications for 3 more polymer sites
Lubrizol Advanced Materials announced that three more of its polymers sites obtained the International Sustainability and Carbon Certification (ISCC) PLUS certification at the end of last year. “ISCC PLUS is an international sustainability certification for industrial applications, a standard for fully traceable sustainable supply chains that allows companies to track ...
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News briefsNew top executive at LVMH Fashion Group
Michael Burke will be taking charge of LVMH Fashion Group as chairman and CEO on Feb. 1. He will be succeeding Sidney Toledano, who is leaving the LVMH executive committee and becoming advisor to Bernard Arnault, the founder, chairman and CEO of LVMH. Arnault noted that Toledano has been at ...
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News briefs
Frasers hikes its stake in Asos to nearly 26%
Frasers Group has increased its stake in the British online fashion retailer Asos to 25.96 percent through a series of transactions in January, according to filings with the London Stock Exchange. At the end of December, the stake stood at 17.88 percent. Based on the latest filing on Jan.18, 17.11 ...
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News briefs
Frasers Group hikes stake in Boohoo to 21.49% vs 17.22%
Frasers Group has increased its stake in the online fashion retailer Boohoo to 21.49 percent from 17.22 percent, according to a stock exchange filing. The British retailer has been building up a stake in Boohoo over the past months. It previously said that it saw “potential synergies and an opportunity ...
