Product & Marketing – Page 241
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News briefsNative Shoes appoints Kyle Housman CEO
Native Shoes, the Canadian footwear company, has promoted Kyle Housman to the position of CEO with immediate effect. He replaces Scott Hawthorne, who becomes executive chairman. Housman was previously president and has been credited by the company for having contributed to “significant revenue growth” by bolstering its direct-to-consumer business. Housman ...
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News briefs
Onward Luxury Group taken over by its management, changes names
The Japanese group Onward Holdings has sold its Italian unit Onward Luxury Group (OLG) to the latter’s management. With the management buyout completed in December, the company has changed names to High Italian Manufacturing (HIM). OLG was bought through the holding company Nemo which is owned by OLG’s chairman Fabio ...
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News briefsAsos to create 2,000 jobs for new £90m U.K. fulfilment center
The fashion online retailer Asos has unveiled plans to invest £90 million (€99.7m - $122.4m) in a new U.K. fulfilment center where it hopes to employ 2,000 people over the next three years. Asos said the 437,000 square foot warehouse in Staffordshire, West Midlands, which is being developed by AEW ...
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News briefs
Wolverine makes two big executive appointments
Wolverine Worldwide has made a couple of executive appointments to ring in the new year. It has expanded the duties of Jim Zwiers, the current president of its international group. Zwiers is now also president of Wolverine’s global operations group, overseeing portfolio-wide sourcing, logistics, distribution, customer service and information technology. ...
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News briefs
FLA members cannot use products from the Xinjiang region
In an unprecedented move, the Fair Labor Association (FLA) has prohibited its member companies from sourcing from or producing in the Xinjiang region, in northwest China, because of growing concerns over violations of human and labor rights. The region is home to several ethnic minority groups, including the Uyghur people. ...
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ArticleCopenhagen International Fashion Fair cancels February edition
Copenhagen International Fashion Fair (CIFF) will not hold its regular February edition after the Danish government prolonged restrictions to combat the propagation of the Covid-19 pandemic. It noted that following the government’s decision, no trade show activity is possible until Feb. 28. But, CIFF plans to return with a “strong ...
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ArticlePrada’s December retail sales return to 2019 levels
Prada Group’s retail sales returned to last year’s levels in December and the Italian luxury goods firm is generating operating profits again. The company noted that despite ongoing store closures caused by Covid-19 related lockdowns, which averaged 9 percent of its network during the second half of 2020, it has ...
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News briefsBeaumanoir sells a majority stake in its Chinese business
Beaumanoir, the French clothing and footwear retailer, has sold a majority stake in its Chinese business to Zhongke, which recently bought C&A’s activities in the country. No financial details were released. Beaumanoir decided to set up a “strategic partnership” with Zhongke because the Chinese market is evolving and the support ...
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ArticleClarks descendant says management failed to ‘move into 21st century’
Shoe maker Clarks failed to keep up with retail trends while shareholders prioritized dividends over investment, according to one of the family members. Galahad Clark, a descendant of founders Cyrus and James Clark, said the company failed to “move fast enough into the 21st century”, ultimately leading to a £100 ...
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ArticleNext sees full price sales returning to 2019/2020 levels this year
Next, the British retailer of clothing, footwear and home products, anticipates a strong rebound in profits in the financial year ending in January 2022, as full price sales return to the levels posted in the financial year that finished in January 2020. The company reported that full price sales in ...
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ArticleItalian shoe makers hit by Christmas shopping restrictions
The Italian footwear association Assocalzaturifici warned that restrictive measures introduced over the Christmas shopping period in various countries to combat the propagation of the Covid-19 virus will have “serious repercussions” on an already weakened industry. In Italy, the government had to reintroduce restrictions with the resurgence of cases and even ...
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News briefsANWR to hold hybrid trade fairs in 2021
The German footwear buying group ANWR is planning its 2021 trade fairs in hybrid form, with physical shows in Mainhausen, near Frankfurt, and virtual events. The events in Mainhausen will only take place if the coronavirus situation allows. Regardless of possible ongoing coronavirus-related restrictions, ANWR is planning to rely ...
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ArticleEU, China reach in principle an agreement on investments
After seven years of talks, the European Union and China have agreed in principle on an investment agreement after their leaders met on a conference call on Dec. 30. The parties had set the end of 2020 as the deadline to strike a deal. The European Commission said that the ...
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ArticleU.K. signs free trade agreements with Turkey, EU
The U.K. and Turkey have signed tariff-free trading arrangements and are committed to reach a ”more ambitious” agreement in the future, according to the British Department for International Trade . The free trade agreement was signed by the U.K.’s International Trade Secretary, Liz Truss and Turkey’s Minister for Trade, Ruhsar ...
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ArticleInterview: Diversity equals innovation - D’Wayne Edwards
As part of our survey on diversity and inclusion, the first part of which was published on Dec. 23, we had an email interview with D’Wayne Edwards who was the lead designer of Nike’s iconic Air Jordan brand for a decade from 2001, making him one of the most prominent ...
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ArticleANWR takes resellers to the Netherlands through Amazon.nl
The German footwear buying group ANWR is making it easier for its partners to sell on Amazon in the Netherlands. Since the beginning of December, all resellers operating on the German Amazon marketplace through the e-commerce control tool Qualibet, which is run by ANWR Group’s unit ANWR Media, can ...
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News briefs
Pierre Cardin dies at 98
The French designer Pierre Cardin died at the age of 98 at the American hospital in Neuilly-sur-Seine, near Paris. He was born in Italy, but to escape fascism his family moved to France when he was two. Cardin “never forgot his origins while having an unconditional love for France,” his ...
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News briefs
China launches an anti-trust probe against Alibaba
The Chinese government’s State Administration for Market Regulation (SAMR) has launched an anti-trust investigation against the Alibaba Group to verify charges that its marketplaces require merchants to sign exclusive agreements that prevent them from offering products on other internet platforms. Separately, the People’s Bank of China said that Ant, Alibaba’s ...
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News briefs
Zalando hires a “circularity director” away from H&M
Laura Coppen, who has been a major contributor to H&M’s sustainability efforts for almost five years, is joining Zalando to serve as “circularity director,” charged with implementing a program to promote greater transparency among its partner brands in the area of environmental protection. Her appointment follows a number of initiatives ...
