Product & Marketing – Page 199
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ArticleFor the first time an official Chinese delegation is present at Micam
For the first time an official Chinese delegation will be present at Micam, which is being held from Sept. 19 to 21 at the Fieramilano Rho exhibition center at the outskirts of Milan. The German footwear and leather association HDS/L will also be debuting at the show. Despite China being ...
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News briefs
Hermès opens 19th leather goods workshop in France
The French luxury goods firm Hermès has inaugurated its latest leather goods production site in Saint-Vincent-de-Paul, near Bordeaux. It is the company’s 19th leather goods workshop in France. Hermès said that it has been expanding its manufacturing capacity to respond to a strong rise demand. The 5,800-square-meter facility was designed ...
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ArticleTod’s sees full-year sales reaching €800m
Tod’s believes that its sales could rebound to about €800 million this year, compared with €637.1 million in 2020 when business was severely affected by the Covid-19 pandemic. The top line would still be significantly below the €916.0 million posted in 2019. In a conference call, Emilio Macellari, the chief ...
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News briefs
PayPal acquires Japanese buy-now-pay-later venture
U.S.-based payment platform PayPal Holdings has announced the acquisition of Paidy, a digital payment platform based in Japan. Paidy develops a two-sided payment platform and is also a provider of buy-now-pay-later solutions in Japan, a strategically important market for PayPal. According to the American company, almost three-quarters of all purchases ...
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News briefs
VF board member steps down, reportedly over her views on Black Lives Matter
VF Corp. announced that Veronica Wuu has decided to step down as one of the 12 members of the group’s board of directors, pointing out that this was not the result of any disagreement on any matter relating to VF’s operations, policies or practices. Wuu had joined the board in ...
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ArticleItalian footwear output rises 12.9% in H1
Italian footwear production rose by 12.9 percent in the first half of 2021 against the same period in 2020, when the industry was affected by the outbreak of the Covid-19 pandemic. But, output remained 26.3 percent below the level seen in the first half of 2019, according to data from ...
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News briefs
Ara Shoes launches premium partnership program
The German shoe company Ara Shoes has rolled out a premium partnership program in a bid to strengthen its relationship with brick-and-mortar retailers. It is offering select retailers additional perks and special services, including discounts, POS and VM support, access to exclusive product releases and participation in events. Ara ...
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News briefs
Golden Goose celebrates 20 years with a skate bowl in Venice
According to FashionNetwork.com, Golden Goose recently celebrated its 20th anniversary in Venice. For the occasion the Italian brand of distressed sneakers and streetwear brand took a 13-year-old wooden skate bowl – kept until then inside a former cinema in Milan – and had it floated to the Venetian lagoon, where ...
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ArticleFerragamo’s strong retail showing continues after profitable H1
Salvatore Ferragamo continued to enjoy strong revenue growth in directly-operated stores (DOS) in the U.S., China, South Korea and Latin America in August compared both with the year earlier and 2019, as it unveiled a better-than-expected Ebit target for the full year on the back of a sharp improvement in ...
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News briefs
Higg Index adds new analytics tool to identify risks and opportunities
After identifying a rising demand for environmental data from companies worldwide, the sustainability insights platform Higg (spun out of the Sustainable Apparel Coalition in 2019 as a public-benefit technology company) has introduced a new analytics tool to make it easier for brands and buyers to understand and act to improve ...
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News briefs
Zalando to join the DAX index
The German online retailer Zalando will join the DAX blue-chip index of the Frankfurt stock exchange on Sept. 20. The stock started trading on Oct. 1, 2014, and has been a constituent of the MDAX index since 2015. Zalando co-founder and co-CEO Robert Gentz said “we are proud to see ...
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News briefs
Amazon to open 8 extra warehouses in Germany
By mid 2022, Amazon plans to open additional eight warehouses in Germany that will lead to the creation of 3,000 jobs. The sites will be located in Dummerstorf, Erding, Friedrichsdorf, Helmstedt, Hof/Gattendorf, Neu-Ulm, Weiterstadt and Wenden. This year, the company expects to complete the distribution centers of Friedrichsdorf, Neu-Ulm and ...
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News briefs
Tesco’s F&F to stop selling footwear next year - sources
The British supermarket chain Tesco will stop selling footwear and accessories from spring next year, according to industry sources. The retailer is understood to have been carrying out a review of its F&F clothing business and has decided to gradually withdraw footwear from the range, with completion expected by next ...
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News briefs
Puma unveils latest collaboration with Animal Crossing
Puma has announced the launch of the new Puma x Animal Crossing: New Horizons Collection. The collaborative collection comprises apparel and footwear for adults and children. The collection’s streetwear silhouettes have been reimagined with natural colors and authentic graphics from the video game developed by Nintendo. The collection features some ...
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News briefs
Covestro proposes to use digital printing to glue shoes
Covestro, a German manufacturer of polymer materials is proposing hot-melt adhesives based on its Desmomelt U thermoplastic powder to glue the upper and outsole of shoes by using digital printing. “Polyurethane dispersions have proven their worth in adhesives for manual shoe production. But attempts to automate manual application with robot-assisted ...
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News briefs
German shoe makers H1 sales up by 12.5%
German shoe manufacturers with 50 or more employees enjoyed a 12.5 percent increase in revenues in the first half to €1.44 billion from €1.28 billion a year earlier but have not yet returned to pre-Covid-19 levels. Domestic revenues rose by 12.7 percent to €1.2 billion and foreign sales increased ...
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News briefs
NEWD.Tamaris launches online store
The German brand Tamaris has launched an international online store for its NEWD.Tamaris sub-brand in a move to increase its presence in the premium segment. The store, which is available in 25 countries, will not focus on “fast-moving trends, but on pure value,” it pointed out. The launch is supported ...
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News briefs
True Motion enters the U.K. market
Hamish Stewart, who has been working with Brooks Running for more than 20 years, has become U.K. country manager for True Motion, a German running shoe start-up. He will be assisted by another former running shoe veteran, Richard Outterside, as account manager. The brand, which was founded in 2018, ...
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News briefs
Lotus picks A.P. Hallqvist as distributor for Scandinavia
The British brand Lotus, which was founded in 1759, has appointed A.P. Hallqvist as the official distributor of its footwear and bag collections in Sweden, Denmark, Norway and Finland. ”With roots in footwear manufacturing since 1874, A.P. Hallqvist is a well-suited partner to represent the oldest British footwear brand in ...
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ArticleCaleres benefits from full-price selling and plans price increases from Q4
In the second quarter ended July 31, Caleres posted record quarterly earnings driven by more full-price selling and lower promotional activity as a result of tighter inventories due to disruptions and delays across the supply chain caused by the Covid-19 pandemic. The group’s inventories were about 28 percent below the ...
