Product & Marketing – Page 136
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ArticleRussian shoe retailers diversify their offer to replace Western brands
Following a mass exodus of Western brands from Russia, caused by the country’s invasion of Ukraine on Feb. 24, 2022, several shoe retailers plan to add apparel and accessories to their product range to fill a gap in the market, according to the Russian think tank NF Group. Rendez-Vous, Ralf ...
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News briefs
Florence buys an Italian embroidery manufacturer
Gruppo Florence, an Italian holding company that owns suppliers to the luxury goods industry, has acquired the Italian embroidery firm Ricamificio GS located in Sant’Egidio alla Vibrata in the Abruzzo region. The company was bought from the Galiffa family. No financial details were released. Ricamificio GS is the 22nd company ...
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ArticleOpportunities and challenges arise for fashion brands as consumers embrace sustainability
A consumer shift towards sustainable products and production practices is creating key opportunities and new challenges for global fashion brands, a Bain & Company and WWF Italy report found. The study examines consumer behaviors related to sustainability and fashion, surveying 5,900 consumers across six countries (China, France, Germany, Italy, Japan, ...
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News briefs
Spain introduces Covid controls for passengers from China
Spain is introducing Covid-19 controls in its airports for passengers coming from China, announced the health minister Carolina Darias. Passengers will have to prove that they have been tested negative or are fully vaccinated, she said. Other countries including, Italy, have also introduced mandatory tests on travelers coming from China, ...
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News briefs
Vivienne Westwood dies aged 81
Vivienne Westwood died on Dec. 29 at the age of 81, her namesake fashion house announced on Twitter. The British fashion designer died “peacefully and surrounded by her family, in Clapham, South London,” it said. Born Vivieen Swire on April 8, 1941, she kept the name of her first husband, ...
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ArticleU.S., Italy introduce Covid tests for travelers from China
The U.S. and Italy are introducing Covid-19 tests for travelers coming from China. The U.S. Centers for Disease Control and Prevention (CDC) said that from Jan. 5 all air passengers two years and older will be required to get a test no more than two days before their departure from ...
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News briefs
U.S. retail sales up 7.6% during holiday period
In the period running from Nov. 1 to Dec. 24, U.S. retail sales rose by 7.6 percent year-on-year, according to the Mastercard SpendingPulse survey that measures in-store and online retail sales across all form of payment, not adjusted for inflation. Spending on apparel grew by 4.4 percent. “This holiday retail ...
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News briefs
China drops Covid quarantine for in-coming travelers
Chinese health authorities announced that the countrywill abolish mandatory Covid-19 quarantine for travelers coming into the country from Jan. 8. The decision was made despite a jump in Covid cases in the country, which are estimated to have reached 250 million over the last three weeks. Meanwhile, countries including Japan ...
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ArticleEU court rules that Amazon may be liable for sale of counterfeit Louboutin shoes
Amazon has been dealt a blow after the Court of Justice of the European Union (CJEU) ruled that the U.S. online retailer may be liable for alleged intellectual property breaches by advertising counterfeit Louboutin shoes on its store. Two lower courts in Luxembourg and Belgium had referred a case ...
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News briefsInditex agrees on 3-year engagement with WWF for biodiversity projects
Spanish fast fashion group Inditex, owner of Zara, Bershka and Pull&Bear, among other retail brands, has entered a partnership with the World Wide Fund for Nature (WWF) to support several of the conservation association’s projects. The collaboration will start with nine initiatives across four regions focused on forest conservation, water ...
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News briefs
Skechers opens a flagship store in Ireland
Skechers has opened a flagship store on Dublin’s Grafton Street. In addition to the Henry Street concept store and four other retail outlets in the greater Dublin area, the new 929 sqm location is designed to showcase Skechers’ extensive range and technologies in one of Ireland’s busiest neighborhoods and expand ...
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News briefs
Spartoo’s TooPost gains nearly 50 clients in 2022
Spartoo said that its TooPost service has gained nearly 50 clients in 2022. The service now has more than 165 e-merchants as customers. TooPost, which offers an end-to-end transport service, delivers more than 4 million packages every year, at least 98 percent of which are delivered within the specified time, ...
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News briefs
Nice Footwear delisting process to start Jan. 9
The public tender launched by the Italian private equity firm Palladio Holding for the Italian footwear group Nice Footwear will start on Jan. 9 and last until Feb. 10. The move to delist the footwear company comes just over a year of its flotation on the Milan stock exchange on ...
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News briefs
Shoe Carnival launches a new $50m share buyback
Shoe Carnival’s board has authorized a new share repurchase program for up to $50 million of its common stock, starting Jan. 1, 2023. The program replaces an existing $50 million share repurchase program that was authorized on Dec. 16, 2021 and expires on Dec. 31, 2022. The board also ...
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News briefs
Asos names a new board member
The British online fashion retailer Asos has appointed Marie Gulin-Merle as non-executive director. Gulin-Merle has more than 20 years of experience in marketing and digital transformation, working in technology, beauty and fashion. She is currently Google’s global vice president of ads marketing, based in New York, leading all marketing activities ...
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News briefs
Florence issues €500 bonus to staff
Gruppo Florence, an Italian conglomerate of luxury goods firms, will grant all its staff a €500 bonus that will be paid in shopping vouchers in December. The bonus will be distributed to the group’s 2,200 staff and aims to help employees face the cost of higher energy prices. The group ...
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News briefs
Musk to step down as Twitter CEO when successor found
Elon Musk said he would step down as chief executive of the social media platform Twitter once he has found a replacement. The announcement follows a poll Musk launched on the platform that showed that users wanted him to resign. Musk has owned Twitter since Oct. 27 and has been ...
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News briefs
German consumer confidence improves
In January 2023, consumer confidence in Germany is expected to rise to -37.8 from -40.1 in December 2022 and -41.9 in November 2022, as measures taken by the federal government to mitigate skyrocketing energy costs are apparently having an effect, according to data released by market research group GfK. ...
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ArticleAmazon, EU reach deal to end antitrust investigation
The European Commission said it has made commitments offered by Amazon legally binding under European Union antitrust rules, allowing to resolve competition concerns over the U.S. online retailer’s use of non-public marketplace seller data and possible bias in granting sellers access to its Buy Box and Prime program. In July ...
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Article
Bos Group obtains the Scotch & Soda footwear license
Bos Group International is taking over the footwear license of Scotch & Soda, following the termination of the Dutch brand’s previous agreement with HS Footwear GmbH, which is part of Osnabrück-based Hamm Group. Peter Frericks will become the head of global sales and brand manager for Scotch & Soda at ...
