Product & Marketing – Page 258
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ArticleTimberland announces ambitious sustainability goals
Timberland has not only announced that it wants to plant 50 million trees around the world over the next 5 years, but also to create a net positive impact on the environment by 2030. The latter, most ambitious goal includes that the VF Corp.-owned brand wants all of its products ...
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ArticleGallery Fashion & Shoes attracts more visitors than expected
Gallery Fashion & Shoes had an attendance at a ”much higher frequency than expected,” according to Ulrike Kähler, project director and managing director of the organiser, the Igedo Company. No figures were disclosed. The show ran from August 30 to Sept.1 but also included Showroom Concept, that was held ...
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News briefs
L.K. Bennett introduces cluster managers
The British premium womenswear retailer L.K. Bennett has introduced cluster managers who will be responsible for more than one location. The move will result in 19 redundancies. The company said that the reorganization stems from a decline in trade in stores, while the retailer has seen a significant increase in ...
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ArticleDesigner Brands sees challenging H2 as Q2 sales fall by 42.8%
The American shoe retailer Designer Brands, formerly known as DSW, expects the Covid-19 pandemic will continue to have a significant impact on its business in the second half of 2020, with a double-digit decline in sales likely and a return to profitability seen as “challenging.” As consumer preference shifts from ...
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News briefs
ILM canceled due to Covid-19 situation in Offenbach
ILM, the German international leather goods fair, was canceled in Offenbach, where the event was to be held from Sept. 5 to 7. The city of Offenbach withdrew the authorization to hold the show and the evolution of the Covid-19 pandemic in the town “was decisive” in the local authority’s ...
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News briefsClarks celebrates its Somerset roots in new campaign
Clarks is celebrating its origins in the campaign of its autumn/winter 2020 collection called “Then. Now. Always.” The company was founded in 1825 in Street, in the English county of Somerset, where it is still based. The campaign was shot in Somerset with the contribution of 12 artists and ...
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ArticleOffice obtains rescue package ahead of store closures
The South African retailer Truworths will provide a £6.5 million (€7.3m-$8.6m) secured revolving credit facility to its British footwear unit Office as part of a rescue package. It noted that the funds will come from existing group cash reserves and will be distributed in a phased manner over the next ...
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ArticleGenesco sees back-to-school selling season prolonged, holiday season to start early
Genesco experienced a slowdown in its recovery in July because of an uptick in Covid-19 cases in the U.S. But it expects the back-to-school period to last until late September, or even later, and the holiday season, generally considered to run from late November to early January, to start earlier.
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News briefs
Converse in partnership with Moncler and Hiroshi Fujiwara
Converse has entered a collaboration with 7 Moncler Fragment, a partnership between Moncler, the Italian producer of luxury down jackets, and the Japanese streetwear designer Hiroshi Fujiwara. Under the collaboration, known as 7 Moncler Fragment + Converse Chuck 70, Fujiwara has designed two Chuck 70 low sneakers as part of ...
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News briefs
Polygiene and Dr. Scholl’s to team up for antibacterial and odor-free insoles
Polygiene has announced that, moving forward, Dr. Scholl’s insoles will combine two Polygiene technologies, including the antibacterial Stays Fresh Technology and the Odor Crunch treatment. The Dr. Scholl’s Massaging Gel Work Insole, designed for people who stay on their feet all day long, will be the first product to incorporate ...
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ArticleMicam to attract over 500 exhibitors, 5,000 buyers
The organizers of Micam Milano said that more than 500 exhibitors will be present at the trade show being held at the Fiera Milano Rho exhibition hall from Sept. 20 to 23, and that over 5,000 buyers, primarily from Italy and Europe, have confirmed their participation. The 90th edition of ...
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News briefsHannah Colman confirmed as Jimmy Choo’s CEO
Hannah Colman has been appointed chief executive officer of the luxury shoe maker Jimmy Choo, reporting to John Idol, the chairman and CEO of the parent company, Capri Holdings. She has been holding the job on an interim basis since May. Colman was one of the brand’s earliest employees when ...
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ArticleShoe Carnival’s sales soar to record highs in Q2
After a difficult first quarter, Shoe Carnival recorded a strong rebound in sales in the second fiscal quarter ended Aug. 1, led by e-commerce. The American footwear retailer reported record revenues that were up by 12.1 percent year-on-year to $300.8 million, exceeding the previous record set in the third quarter ...
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News briefsWalmart launches Walmart+ membership program
Walmart is launching the membership program Walmart+, its much anticipated response to Amazon Prime. Membership will be available to all U.S. customers on Sept. 15. It will cost $98 a year or $12.95 a month and includes a 15-day free trial period. Members will receive unlimited free delivery from stores, ...
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ArticlePayPal to launch buy now, pay later solution in Q4
PayPal, the American online payment provider, announced that it will launch early in the fourth quarter “Pay in 4”, a short-term installment payment scheme for customers in the U.S. The service will permit merchants to be paid upfront while customers can pay for purchases between $30 and $600 over a ...
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Article
Profectus appoints new sales managers for Brax license
In the wake of a management shake-up at the German casual fashion brand Brax, the footwear licensee Profectus Brand Construction has appointed new area sales heads after Ralf Düsterdiek, the brand’s sales manager, stepped down in July this year, after just seven months in the job to join Ara Shoes. ...
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ArticleMK Gruppe and Merkur Shoe Group join forces
The German purchasing groups MK Gruppe and Merkur Shoe Group have struck a deal to work together in a bid to tackle and respond to the changes in the footwear market through a shared strategy. The collaboration is set to start with the orders for the autumn/winter 2021 season ...
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ArticleANWR expands sales channels by partnering with Gaxsys
ANWR, the German purchasing association, has created an interface to Gaxsys’ order fulfilment system, providing its affililiates with another important sales channel. ANWR’s members can sell via the association’s own platforms shoes.de, Sport2000 and Bagmondo. But, ANWR’s software solution Qualibet also enables them to offer their products to online marketplaces ...
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ArticleWalmart eyes TikTok’s U.S. business as it reviews it e-commerce business
The U.S. retailer Walmart is interested in bidding jointly with the software group Microsoft for the U.S. business of the Chinese videosharing app TikTok as it continues to review its e-commerce activity. In a statement, Walmart noted that that the way TikTok has integrated e-commerce and advertising capabilities has been ...
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News briefs
Russian shoe market may recover from mid-2021
The most optimistic forecast envisages that the sales on the Russian fashion market will recover only around mid-2021, Anna Lebsac-Kleimans, director of the Russian analytical agency Fashion Consulting Group said. In 2020, sales are likely to contract by 25 to 40 percent compared to the previous year, she said. The ...
