Product & Marketing – Page 213
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News briefs
Colis Privé moves towards a bourse listing
The French delivery service Colis Privé said that the French financial market regulator AMF has approved its registration document in view of a possible initial public offering (IPO) on the Paris stock exchange. In 2020, Colis Privé posted sales of €233.8 million while current Ebitda stood at €21.5 million. Last ...
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ArticleBirkenstock to directly manage sales in France
Birkenstock has taken over the direct management of sales in France under the leadership of the country manager Laurent Hollander, who will oversee a local team covering sales, trade marketing and digital activities. Hollander was previously based in Germany as regional manager for the footwear company. Prior to joining Birkenstock, ...
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ArticleC-Suite interview: Saye enjoys strong growth with its focus on sustainable shoes
In 2017, three friends from university decided to finance their first model of a sustainable shoe through a crowdfunding campaign. The venture has led them to sell more than 52,000 pairs in three years. This is the story of Saye, a Barcelona-based footwear company which booked €5.4 million in cumulated ...
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News briefsAetrex is launching a new foot scanner
Aetrex is releasing a 3D foot scanner with two selling points: size and cost. Using a proprietary computer system called FitGenius, the Albert 3DFit will complete a foot scan in “less than 10 seconds” and is accurate to within one millimeter. The system then compares the scanned foot profile to ...
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News briefs
Iconix is being taken over by Lancer Capital
Iconix Brand Group, an American manufacturer and retailer of apparel and footwear, has entered into a definitive agreement to be bought by the private equity Lancer Capital, though its affiliate Iconix Acquisition Corp., in an all-cash transaction that values Iconix at about $585 million, including net debt. The decision “represents ...
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News briefs
Beaumanoir is in talks to buy the Caroll brand
Beaumanoir, a French fashion group which bought a large part of the assets of La Halle, a French apparel and shoe retailer, is in exclusive talks to buy the women’s apparel brand Caroll from Vivarte. If the deal obtains regulatory clearance, it is scheduled to close in the third quarter ...
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News briefs
Cole Haan hires a chief digital officer
The American lifestyle brand and retailer Cole Haan has hired Stephen Henderson as chief digital officer. He joins the company from Caleres, where he was senior vice president of marketing and e-commerce. In the last year, Cole Haan has rolled out 26 localized sites across international markets with continued growth ...
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News briefs
Russian shoes gain in popularity according to Wildberries
In the first four months of 2021, sales of Russian-made goods jumped by 130 percent to 114 billion rubles (€1.3bn-$1.6bn), with shoes and clothes being the most popular product categories, according to Russia’s biggest online retailer Wildberries. Ivanovo Oblast region was the biggest supplier of adult shoes and clothes, while ...
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News briefs
Deichmann to use Targomo’s technology to select stores
Deichmann has chosen Targomo’s technology to support it in its site selection in Germany, where it operates more than 1,400 stores. The German footwear retailer will use the company’s location intelligence platform to predict the potential of new sites and further improve the performance of existing shops. Deichmann, which operates ...
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News briefs
Yandex enters the Russian fashion market
Yandex, a Russian provider of internet services, has completed the acquisition of Private Trade, which operates the online stores KupiVIP and Mamsy. Both sites focus on selling shoes and clothes online, with KupiVIP also managing five brick-and-mortar stores. With the acquisition, Yandex, which runs the aggregator of online stores Yandex.Market, ...
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ArticleRocky Brands confident to grow 20% in 2021
The American footwear company Rocky Brands is “pretty confident” to increase sales by 20 percent this year after the top line rose by 57.3 percent to $87.7 million in the first quarter. During the Baird 2021 Global Consumer, Technology & Services conference, the company’s CEO Jason Brooks said that the ...
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ArticleEnda enters the Italian and Spanish markets
Enda, a brand of running shoes assembled in Kenya, is entering the European market and is currently available in Italy and Spain. Weldon Kennedy, a British-American entrepreneur, founded Enda together with Navalayo Osembo-Ombati, a Kenyan lawyer and accountant who is the company’s CEO. She graduated in London and also worked ...
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ArticleCrocs seeks to block import of counterfeits into the U.S.
Crocs filed a complaint with the U.S. International Trade Commission (ITC) seeking an investigation of allegedly ”unlawfully imported shoes” into the U.S. in ”violation of its registered trademarks.” With the complaint, Crocs is seeking to block the importation and subsequent sale of products into the U.S. that infringe on its ...
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ArticleVögele Shoes has a new owner, 36 stores to be closed
The Swiss footwear retailer Vögele Shoes has changed hands and is closing 36 stores in a strategic overhaul. On June 3, the company, based in Uznach, in the canton of St. Gallen, was sold by Polish shoes and accessories group CCC to German peer Cm.shoes GmbH with the support ...
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ArticleFosun Fashion Group buys Sergio Rossi
Fosun Fashion Group (FFG) has signed an agreement to acquire a 100 percent stake in the Italian luxury footwear brand Sergio Rossi from Absolute Luxury Holding, a subsidiary of the Italian investment firm Investindustrial. No financial details were released, but the deal is expected to close during the summer. FFG ...
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News briefs
Weyco buys outdoor footwear brand Forsake
Weyco has acquired substantially all of the operating assets and certain liabilities of Forsake, an American distributor of outdoor footwear. The principal assets acquired were inventory, accounts receivable and intellectual property, including the Forsake brand name. The purchase price was about $2.50 million, plus contingent payments paid annually over a ...
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News briefs
Garmont announces new distributor for U.K. and Ireland
Garmont, the Italian outdoor footwear brand founded in 1964, has announced the appointment of Ultra Sport EU as its exclusive distributor for the U.K. and Ireland. Ultra Sport EU has been distributing well-known action sports brands for over 40 years and is now adding outdoor footwear to its portfolio with ...
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News briefs
Jack Wolfskin hires Selim Say as VP footwear
As part of the strategic realignment under new CEO Richard Collier, Jack Wolfskin is strengthening its footwear division and making it a key focus with the hiring of footwear expert Selim Say as vice president footwear, a newly created position. Say will be responsible for the brand’s entire footwear segment ...
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News briefs
Bata India names a new CEO
Bata India, which is India’s largest footwear retailer and the largest business of Switzerland-based Bata, has appointed Gunjan Shah as chief executive, effective June 21. He joins the company from the Indian food and beverage group Britannia and replaces Sandeep Kataria, who was promoted global chief executive of Bata at ...
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News briefs
Burberry pledges to be climate positive by 2040
The British luxury goods group Burberry has pledged to become climate positive by 2040, 10 years ahead of targets set out in the Paris Agreement, thanks to a series of commitments including cutting emissions across its extended supply chain by 46 percent by 2030, compared with a previous target of ...
