Product & Marketing – Page 216
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News briefs
Ara merges its retail divisions, reshuffles management
Ara is merging its retail divisions and reshuffling its management team. The Rhineland-based group has announced it is bringing together under the new umbrella brand Salamander & friends the retail activities of subsidiaries Salamander Germany, Schuhhaus Klauser and of Salamander International. In the latest management reshuffle, Thomas Kresse ...
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ArticleSwiss reject new trade deal with EU
The Swiss cabinet has rejected a comprehensive trade agreement with the EU, known as the EU-Swiss Institutional Framework Agreement. On May 26, the government said that there remain “substantial” differences between Switzerland and the EU and that the conditions for signing the agreement were not met. It added that it ...
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ArticleWolverine Worldwide appoints new executives for the group and Sperry
Isabel Soriano has been named president of international for Wolverine World Wide, Inc. Soriano joined the group in 2018 as vice president and managing director of EMEA, responsible for leading all of the company’s brands in the region, including Merrell, Saucony, Sperry, Cat Footwear, Hush Puppies and Keds. With her ...
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News briefs
Chaco moves to new Michigan factory
Chaco, an outdoor lifestyle footwear brand owned by Wolverine World Wide, Inc., has moved to a larger and upgraded U.S. manufacturing facility in Rockford, Michigan, “to meet growing demands for increased footwear production, customization program, and reweb and resole requests from consumers,” the company said. The new factory provides 25 ...
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News briefs
VF pledges to eliminate child labor
VF Corp. has created a new Child Rights Action Pledge to strengthen children’s rights and eliminate child labor throughout the global apparel supply chain by 2025. As part of its pledge, VF commits to integrate the Children’s Rights and Business Principles developed by UNICEF, the United Nations Global Compact and ...
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News briefs
Gabor wins two sustainability awards
The German shoe manufacturer Gabor has won two awards for its sustainability commitment. The Rosenheim-based company received the top rating “particularly sustainable” in the ÖkoKönig survey conducted by Bild magazine, which is based on 285,000 consumer reviews. The award attested Gabor’s considerate use of natural resources, for example through ...
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News briefs
Oliver Reichert becomes sole CEO at Birkenstock
Markus Bensberg has stepped down as co-CEO at Birkenstock, leaving Oliver Reichert as sole CEO. Bensberg joined Birkenstock in February 1991. He held various positions before becoming co-CEO jointly with Reichert in 2012. Bensberg will focus on his role as CEO of the family office of Alex Birkenstock, who remains ...
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ArticleGenesco names former Deckers CEO to its board, rebuffs Legion’s candidates
Genesco has decided not to nominate any of the seven board candidates presented by Legion Partners Asset Management, but did appoint Angel Martinez, who was chief executive officer of Deckers Brands from 2005 until his retirement in 2016, to its board. It added that its nominating and governance committee noted ...
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Article
VF is positive about 2022 as growth accelerates
VF Corp ended its fiscal year on a high note, prolonging a recovery that started in the second quarter. For the fourth quarter ended March 31, the company confirmed that its momentum is accelerating, delivering revenues that increased by 23 percent to $2,582 million, or by 19 percent in constant ...
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News briefs
Joya accepts Bitcoin payments
The Swiss comfort shoes manufacturer Joya is now accepting Bitcoin payments in a move to further boost its digital business and better respond to consumer needs, after the Covid-19 crisis accelerated the digital transformation in the sector and pushed cryptocurrencies into the mainstream. Other digital currency units such as Bitcoin ...
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News briefs
Snipes launches co-branded collection with Starter
International sneaker and streetwear retail chain Snipes has struck a deal with the U.S. textile manufacturer Starter to launch a co-branded capsule collection based on the latter’s Black Label line. For the spring/summer season, the collection will focus on Starter Black Label’s ‘90s-inspired style. With the partnership, Starter aims to ...
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ArticleShoe Carnival continues to break records
After posting its best ever fiscal fourth quarter, Shoe Carnival booked record quarterly net sales of $328.5 million in the first quarter ended May 1, a 122.7 percent increase from a year earlier, despite substantially all of its stores being closed for about half of the quarter due to the ...
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News briefs
StockX probed by Italian competition authority
Italy’s competition regulator, AGCM, is investigating StockX – the U.S.-based online market for sneakers, streetwear, collectibles and other items – over various aspects of its service, among them allegedly misleading pricing. AGCM said that it is concerned by the “total absence” during the purchasing process of the identity of the ...
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News briefs
Desma cancels its house fair
Desma Schuhmaschinen, one of the world’s leading manufacturers of machines and systems for shoe manufacturing, has canceled the 2021 edition of its house fair exhibition scheduled in September because of the Covid-19 pandemic. The Desma house fair is held every two years in autumn in the German company’s headquarters in ...
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News briefs
New Balance partners with Returnity on waste-free sampling solution
New Balance is providing schools and clubs across the U.S. with team uniforms, which require a robust sample shipment process. Returnity, a specialist in reusable packaging integration for brands and retailers, has developed reusable shipping packaging for the Team Sports initiative at New Balance, with the objective of creating an ...
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News briefs
Superga grants a kidswear license
The Tuscan company Miniconf has obtained a three-year license, renewable for another three years, to produce kidswear under the Superga brand name. The license will start with the 2022 spring/summer collection and cater for 3-14 year old girls and boys. Superga, a 110-year brand known for its canvas sneakers, is ...
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News briefs
Tod’s chairman would sell to LVMH if he sells
Diego Della Valle, the chairman and main shareholder of Tod’s, said that if he ever decided to sell the company it would be to the French businessman Bernard Arnault. However, he added that he and his family currently have no plans to sell Tod’s. Arnault is the main shareholder of ...
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News briefs
Besson to open 3 new stores on May 19
The French footwear retailer Besson Chaussures is opening on May 19 three new stores, including its first in Paris. Besson’s stores are typically located in the outskirts of urban areas. The retailer currently has a network of 164 stores. The Parisian store will occupy 940 square meters and will be ...
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ArticleUBC signs a license agreement with Head
The Italian company United Brands Company (UBC) has signed a license agreement with Head to produce sneaker collections for men, women and children under its name. The first collection is scheduled for the spring/summer 2022 season. Under the multi-year agreement, UBC will also be in charge of distributing the shoes, ...
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ArticleSpinnova and KT Trading develop a fiber made from leather waste
Spinnova, a Finnish manufacturer of textile fibers deriving from wood or waste, and KT Trading, a Swiss firm specialized in the sourcing and trading of materials for the leather industry, have developed a fiber made from leather waste. “Following thorough research and testing, Spinnova and KT Trading have succeeded in ...
