Product & Marketing – Page 13
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News briefs
Frasers' chairman steps down
Frasers said that David Daly will be stepping down from the board at the company’s annual general meeting (AGM) on Sept. 24 after eight years in the group and will be succeeded as Chair by Jon Thompson on Sept. 1. Thompson has been a non-executive director at the British retailer ...
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News briefs
Alibaba’s revenues decline in Q1
Alibaba announced that revenues for the fiscal first quarter ended June 30, were up by 2 percent year-on-year to 247.652 billion yuan renminbi ($34.571 billion). Excluding revenues from the disposed businesses of Sun Art and Intime, like-for-like revenues for the Chinese e-commerce retailer increased by 10 percent. Diluted earnings per ...
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News briefs
DuPont sells Kevlar, Nomex businesses to Arclin in $1.8bn deal
DuPont has reached a definitive agreement to sell its Aramids business, which comprises the brands Kevlar and Nomex, to Arclin in a transaction valuing the business approximately $1.8 billion. The transaction is expected to close in the first quarter of 2026, it added. At close, DuPont will receive pre-tax cash ...
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ArticleId.Eight plans to double its sales and is open to new investors
Id.Eight, an Italian sneaker startup that uses waste materials, is aiming to double its revenues this year and continue expanding internationally. In 2024, A/Impact, a venture capital firm, backed by Avanzi - Sostenibilità per Azioni and the asset manager Etica SGR, decided to invest €350,000 in the company for its ...
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News briefs
Baffin enters the hiking market
Baffin, a Canadian brand of high-performance footwear and apparel founded in 1979, has entered the hiking boot category with the launch of the Terrain Collection. The collection debuts with two styles, Bruce Mid for men and Elora Mid for women. “Entering the hiking category is a natural evolution for Baffin. ...
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News briefs
BasicNet’s revenues decline slightly in H1
BasicNet, which owns Kappa, Superga, Sebago and other brands, reported consolidated revenues of €172.6 million for the first half of 2025, down by 0.7 percent year-over-year. Ebitda dropped by 14.2 percent to €15.1 million. Aggregate brand sales for the Italian group grew by 4.3 percent to €567.1 million, with revenues ...
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News briefs
German consumer confidence worsens
German consumer confidence is expected to worsen for the third month in a row in September, dropping to -23.6, down 1.9 points from August, according to the GfK Consumer Climate powered by NIM, published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions (NIM). “The consumer climate is now ...
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News briefs
JD’s sales slip in Q2
JD Sports Fashion said that in the second quarter, or the 13 weeks to Aug. 2, sales fell by a like-for-like 3.0 percent to £3.106 billion (€3.601bn), but were up by 2.2 percent organically. In the first half, sales totaled £5.940 billion (€6.887bn), down a like-for-like 2.5 percent and up ...
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ArticleHow Stanbee uses innovation to cut component costs, improve athletic shoe performance
The US shoe component manufacturer Stanbee uses a patented foaming process to infuse nitrogen gas into the polymer core of its Nitro line of heel counters and toe boxes, replacing part of the core with gas to bring down costs and turn out a product that is lighter in weight ...
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News briefs
Micam to hold a special exhibition to celebrate its 100th edition
On the occasion of its 100th edition, scheduled to take place Sept. 7 to 9 at the Fieramilano Rho exhibition center outside Milan, Micam will hold the exhibition “100 Steps into the Future.” The event will allow visitors to immerse themselves in the history of Micam and the evolution of ...
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ArticleGlobal footwear production rose by 6.9% in 2024
In 2024, global footwear production increased by 6.9 percent to 23.9 billion pairs, recovering from the 6 percent decline posted in 2023, according to the World Footwear Yearbook 2025 released by the Portuguese footwear association Apiccaps. The recovery was driven by stronger consumption in key markets, such as China, where ...
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News briefs
Hoka opens its first store in Germany
Hoka, a division of Deckers Brands, has opened its first own retail store in Germany. The new flagship location is situated on Berlin’s Kurfürstendamm, one of the capital’s most prominent boulevards, known for its mix of historic charm, luxury retail and cultural landmarks. The store is designed to reflect ...
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News briefs
Kenneth Cole launches a men’s footwear collection
Through a licensing agreement with Marc Fisher Footwear, the American fashion house Kenneth Cole has re-entered the men’s footwear segment with the launch of a fall 2025 collection. The 39-piece collection includes 17 items in the Kenneth Cole New York line and 22 in the Kenneth Cole Reaction line. The ...
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News briefs
US footwear sales down by 1% in first half
US footwear sales fell by 1 percent in value in the first half of 2025 compared with the same period in 2024, as unit sales dropped by 2 percent. The average selling price, however, was up by 2 percent year-over-year, according to a report released by the market intelligence firm ...
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News briefs
Manolo Blahnik’s 2024 sales down 19%
Manolo Blahnik reported that it posted a 19 percent drop in sales to €86.4 million in 2024, after suffering a 10 percent decline in 2023. Last year’s decrease was due to the company’s focus on direct-to-consumer (DTC) channels and macroeconomic headwinds. DTC sales grew by 13 percent to represent 32 ...
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News briefs
Debenhams obtains new £175m credit facility
Debenhams Group, the British online fashion retailer formerly known as Boohoo, said that it has completed a new three-year facility providing access to funding of up to £175 million (€202m). The new facility, which extends maturity to August 2028, replaces a previous £125 million revolving credit facility originally due to ...
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News briefs
Rudholm Group expands RFID capabilities in Los Angeles
The Rudholm Group, a global provider of labelling and packaging solutions, announced a “significant investment” in its Los Angeles facility to expand RFID (radio frequency identification) production. “This expansion reinforces the company’s commitment to providing locally produced, cutting-edge RFID solutions for the US market while driving innovation in the apparel ...
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News briefs
OrthoLite Vietnam wins a second consecutive Best Companies to Work for in Asia award
OrthoLite Vietnam (OVN), the Vietnamese arm of OrthoLite, a US manufacturer of open-cell foam insoles, has earned HR Asia’s top workplace award for the second consecutive year. Organized and presented by HR Asia, the Best Companies to Work for in Asia Awards evaluates and honors organizations with best practices in ...
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ArticleGerman online retail rebound continues, footwear sales accelerate
Online sales in Germany continued to pick up through the first half of 2025 after a steady rise in the first quarter. Footwear sales, in particular, continued to outperform, according to a survey released by the federal association of e-commerce and mail order trade, BEVH. Total online sales ...
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News briefs
Caleres partners with the buy now, pay later provider Afterpay
Afterpay, a provider of “buy now, pay later” payments, has entered into an extensive partnership with Caleres. Through the partnership, shoppers in the US can use Afterpay’s Pay in 4 and Pay Monthly options to purchase Caleres’ brands including Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer, Vionic, Bzees, Circus NY, ...
