Product & Marketing – Page 206
-
News briefs
Bally signs up Johnny Huang as global ambassador
Bally has signed up Chinese actor and model Huang Jingyu, also known as Johnny Huang, as the face of its autumn/winter campaign and as its brand ambassador. It is the first time a Chinese person is the global ambassador for the brand. In China, the Swiss company has 60 stores ...
-
News briefs
Brazil supports footwear presence at Playtime NY
The footwear export promotion program Brazilian Footwear, developed by the Brazilian footwear association Abicalçados and the trade and investment promotion agency Apex-Brasil, is supporting the participation of Brazilian brands at Playtime NY, children’s and maternity trade show held biannually in New York. The next edition takes place on Aug. 1-3. ...
-
News briefs
Skechers launches kansaïyamamoto limited edition
Skechers launched a limited edition collection inspired by the late iconic Japanese designer Kansai Yamamoto. The Skechers x kansaïyamamoto collection of four fashion sneakers for men and women was launched on July 21, the one-year anniversary of the passing of the designer, in Japan, North America and Europe.
-
News briefs
Nexgen Packaging buys Ditto Sustainable Brand Solutions
Nexgen Packaging, an American supplier of packaging for the retail, apparel and footwear industry, announced the acquisition of the assets of Oakland, California, based Ditto Sustainable Brand Solutions. Nexgen said that the acquisition strengthens its position in supplying retailers and brands with environmentally conscious packaging solutions.
-
News briefs
Sequential sells DVS Footwear to Elan Polo
While exploring strategic options to keep afloat, the Sequential Brands Group sold on July 19 its 65 percent stake in DVS Footwear to Elan Polo International for $2 million in cash. DVS is a global American brand of skate shoes founded in 1995. In April, Sequential sold another footwear brand ...
-
Article
StockX's GMV up 90% thanks to new categories
In a mid-year snapshot of its “Culture Index,” which was first launched last year, StockX reported a 90 percent increase in the gross merchandise value (GMV) going through its marketplace in the first half of 2021, led by a growth of 250 percent from “emerging categories” such as gaming consoles, ...
-
ArticleSkechers’ Q2 sales rise by 127.3%, driven by comfort trends
Skechers reported a 127.3 percent increase in revenues to a record level of $1.66 billion for the second quarter ended June 30, with a growth of 117.5 percent in local currencies. Compared with the second quarter or 2019, the top line grew by 31.7 percent on a reported basis. Improving ...
-
ArticleCrocs raises guidance as Q2 revenues stride ahead
Crocs reported better-than-expected second-quarter sales and raised its full-year guidance on the back of strong global demand for its products, despite supply chain disruptions caused by the Covid-19 pandemic. Easily beating an analyst consensus forecast of $565.2 million, the company posted record revenues of $640.8 million for the three months ...
-
News briefs
Crocs makes sustainability pledge
Crocs has pledged to have net zero carbon emissions by 2030, and to this end it will be increasing the sustainability of its materials, changing its packaging and investing in “resource use” and “product afterlife solutions.” The American brand is modifying the composition of its shoes’ main ingredient, Croslite, to ...
-
ArticleC-Suite interview: Made in Italy Fund snaps up Autry, Ghoud sneakers and seeks synergies
The sneaker brands Autry and Ghoud are among the latest additions to the portfolio of the Made in Italy Fund, which is looking to capitalize on synergies from its growing stable of accessible luxury labels in fashion and footwear and tap into opportunities for international expansion. The fund could put ...
-
ArticleFerragamo’s retail sales return to pre-Covid levels in July
In the first half, Salvatore Ferragamo’s revenues grew by 44.1 percent year-on-year to €523.8 million, missing market expectations by about €20 million. At constant currency rates, the top line increased by 46.2 percent driven by the Americas. The top line was cut by the deconsolidation of the company’s fragrance business, ...
-
ArticleExpo Riva Schuh closes with 2,700 visitors
The 95th edition of Expo Riva Schuh and the 6th edition of Gardabags attracted over 2,700 visitors from 79 different countries, confirming their international reach despite the travel limitations caused by the Covid-19 pandemic. Buyers came from Europe, especially Italy, Germany, Poland, Spain, France and the Netherlands, as well as ...
-
ArticleZegna to go public and L Catterton takes over Etro
The Italian fashion group Ermenegildo Zegna will go public and list on the New York Stock Exchange later this year through a merger with Investindustrial Acquisition Corp (IIAC), a special purpose acquisition company (SPAC) sponsored by subsidiaries of Investindustrial VII, a fund managed by the private equity Investindustrial founded by ...
-
News briefs
Josef Seibel opens renovated shoe factory and visitor experience center
After extensive renovation, the German shoe company Josef Seibel has opened its newly designed shoe factory and visitor experience center in Hauenstein, in the Rhineland-Palatinate region, to mark its 135th anniversary. With its wood paneling, clear lines and state-of-the-art interiors, Josef Seibel’s new factory houses an exhibition where visitors ...
-
News briefs
Aerosoles partners with American Exchange Group
The U.S. company Aerosoles has entered a distribution partnership with American Exchange Group, under which the two companies will collaborate on the design, branding and strategy for a new Aerosoles collection targeted to the mass and off-price channels starting from spring 2022. “This partnership marks an exciting new chapter in ...
-
News briefs
U.K. scraps Tradeshow Access Programme
The U.K.’s Department for International Trade (DIT) has scrapped the Tradeshow Access Programme (TAP) which had been running for over 30 years. It provided grant funding to small and medium businesses across different industries to cover expenses associated with exhibiting at foreign trade fairs. British fashion and textile companies were ...
-
News briefs
Eddie Bauer launches gear rental service
U.S. outdoor lifestyle brand and retailer Eddie Bauer has launched a gear rental service which includes items such as hiking boots, tents and backpacks. On the company’s website a pair of men’s Guide Pro Boots is offered at $18 a pair with delivery on July 28 and return on July ...
-
News briefs
Grupo Hergar 2020 sales fall to €30m
Grupo Hergar, the Spanish footwear manufacturer that owns the Callaghan and Gorila brands, saw its 2020 sales drop to slightly over €30 million due to the Covid-19 pandemic from €45 million in 2019. The Arnedo-based company told the local press that it has started to recoup lost sales but it ...
-
News briefs
Ecco USA president retires
Dave Quel will retire at the end of the month as president of Ecco USA. Klaus Flock, the chief financial officer of Ecco USA, will take over the job on an interim basis on Aug. 1 until a permanent replacement is appointed. Quel joined the company in 1999 as territory ...
-
News briefs
Sioux takes over distribution in Benelux
The German shoe manufacturer Sioux will directly manage distribution in the Netherlands, Belgium and Luxembourg. The move, effective from Aug. 1, is aimed at being closer to customers in the growing Benelux market, the company said. The Walheim-based company was represented in the Benelux by the Dutch footwear distributor ...
