Product & Marketing – Page 234
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ArticleScarpa introduces Green Manifesto
The Italian producer of outdoor footwear Scarpa has announced the Green Manifesto, comprehensive strategy that summarizes the company’s pledge and initiatives for sustainability. The spirit of the manifesto revolves around five principles that start with the letters that compose the name of the company: S for sustainability; C for ...
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ArticleShoe Zone’s finance director quits unexpectedly
Shoe Zone’s finance director, Peter Foot, has left the business with immediate effect after only seven months in the job and two weeks before the publication of the company’s annual results. He had joined the company on July 6, 2020. The board has started the search for a replacement. Foot’s ...
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News briefs
Italian fashion industry seen rising by 10% in 2021
Revenues of the Italian fashion industry fell by about 23 percent in 2020 due to the impact of the Covid-19 pandemic and are not expected to return to pre-crisis levels before 2023, according to the investment bank Mediobanca. This year, the sector’s sales are expected to rise by about 10 ...
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ArticlePeter Kaiser confirms sales talks with potential investor
The ailing women’s shoe manufacturer Peter Kaiser Schuhfabrik could be close to at least a partial rescue by the hands of a financially sound investor. The German company’s general representative Martin Mucha, from the law firm Grub Brugger, and trustee Günter Staab, from Staab & Kollegen, said that sales ...
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ArticleMicam to hold a digital edition from March 8 to May 8
After cancelling its physical edition, which was scheduled from March 21 to 23, because of the resurgence of the Covid-19 pandemic, the Milan-based footwear trade show Micam will hold a virtual event from March 8 to May 8 called Micam Milano Digital Show. The first edition of the digital show, ...
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News briefs
Kinnevik to spin off its stake in Zalando
Kinnevik, the Swedish investment fund that has been supporting Zalando since 2010, helping it to go public in 2014, has decided to transfer its 21 percent interest in the big German-based e-tailer to its own shareholders, provided they approve the move at Kinnevik’s annual meeting on April 29. The Swedish ...
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ArticleCortina leverages its logistics expertise
Cortina, the Belgian footwear company, is leveraging off its experience dating back to the 1950s in handling the logistics for the shoes it produces. It is now actively marketing these services to third parties under a new brand, Synogix, and with an eye on becoming a logistics partner for internationally ...
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ArticleLogistics costs lift prices of Russian footwear imports
A hike in sea transportation tariffs is expected to increase prices of Russian footwear imports in the next few months, with cheaper shoes being most affected by the additional expense. At the end of 2020, the average tariffs for sea freight from China to Russia jumped from $1,500 to $9,000 ...
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News briefsKering dragged down by Gucci
Revenues of the French luxury goods group Kering amounted to €13,100 million in 2020, down by 17.5 percent year-on-year on a reported basis and by 16.4 percent on comparable structure and exchange rates due to the impact of the Covid-19 pandemic. The decline was driven by the group’s key Gucci ...
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News briefsVans launches a digital livestream channel
Vans has launched Channel 66, a digital livestream network broadcasting weekdays from New York City, Chicago, Mexico City, and Los Angeles to a worldwide audience. Channel 66 offers a live audio and video broadcast featuring DJ sets, radio shows, talks, workshops, and musical performances across music, art, action sports and ...
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ArticleExpo Riva Schuh holds a virtual showroom Feb 18-19
Expo Riva Schuh & Gardabags is holding a virtual showroom on Feb. 18 and 19 on the Swapcard platform to discover the footwear and leathergoods collections offered by the exhibitors who took part in the Home Edition of the trade show. The so-called Home Edition was a digital version of ...
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ArticleCCC achieved over half its Q4 sales online
The Polish footwear company CCC posted sales of 2 billion Zloty (€446.0m-$541.3m), largely unchanged from the previous year, in the fourth quarter, which covered four months including January. Sales were affected by Covid-19 lockdowns, but e-commerce grew by 84 percent year-on-year and generated 55 percent of quarterly sales. In January ...
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News briefs
Pod to be relaunched by William Lamb
The Pod brand will be relaunched with the forthcoming autumn/winter season after the footwear distributors William Lamb Group acquired the international license for the brand last year. The collection will comprise women, men and children’s shoes. The Pod footwear was originally launched in 1976. William Lamb was founded in 1887 ...
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News briefs
Baldinini in apparel license deal with Add
Baldinini, the Italian producer of luxury footwear, has signed a license agreement with Add, the brand of down jackets owned by the Italian company Comei & Co, for the design and distribution of outerwear. Add will produce about 100 items of both men’s and women’s “lightweight contemporary leisurewear” under the ...
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ArticleVF to promote labor diversity
In line with its Council to Advance Racial Equity (CARE) and Inclusion, Diversity, Equity and Action (IDEA) initiative, VF Corp. is implementing a number of new measures in its labor policy. “All VF employees will participate in a foundational inclusion and diversity learning journey to ensure they share a common ...
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News briefs
Shop Pay expands to Facebook and Instagram in the U.S.
Shopify is expanding Shop Pay to all its U.S. merchants selling on Facebook and Instagram. With Shop Pay clients also get access to order tracking and carbon offsets from their deliveries. The Canadian e-commerce software company says that Shop Pay helped buyers complete more than 137 million orders in 2020, ...
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News briefs
Klarna launches bank account in Germany
Klarna, the Swedish online payments group, is launching consumer bank accounts in Germany. The launch marks a first for the company and will allow customers to track, categorize and analyze all of their everyday spending using the Klarna app. A Klarna bank account will come with a Visa debit card ...
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ArticleClarks was loss-making before the pandemic
The British footwear company Clarks was loss-making before the pandemic broke out last year, according to documents filed with the British registrar of companies, Companies House. In the full year ended Feb. 1, 2020, Clarks posted an 8 percent decline in sales to £725.3 million (€827.9m-$1.0bn) as it sold fewer ...
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ArticleFashion retail helps define future consumer behavior
As consumer behavior evolves, driven by the recent social, economic and demographic developments, a closer look at fashion retail can help pinpoint strategies to tackle new trends, needs and purchasing habits on the broader market. A talk held on Feb. 11, as part of the Expo Riva Schuh & ...
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Article
ACBC raises €3.2m through new capital hike
ACBC, a Milan-based start-up company that is offering a modular footwear technology, completed a €3.2 million capital increase which attracted a string of investors, including the venture capitalist Boost Heroes, the online investing platform Doorway and the Italian government-controlled financial group Cassa Depositi e Prestiti through its unit AccelerORA!. The ...
