Product & Marketing – Page 264
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ArticleEcco joins expanding list of footwear firms boycotting Facebook
Denmark-based shoe manufacturer Ecco is continuously reviewing advertising efforts on social media platforms “to be in alignment with company values” after its U.S. arm earlier this month joined the growing list of footwear and other firms boycotting Facebook and Instagram to protest policies for handling online hate speech and misinformation. ...
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News briefsSperry names Sean McDowell VP in charge of design and product development
Sperry, a division of Wolverine Worldwide, has appointed Sean McDowell as vice president of design and product development. He will report to Joelle Grunberg, global brand president of Sperry and a member of Wolverine Worldwide’s executive leadership team . McDowell has worked for three decades in the footwear industry, of ...
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News briefsPrada appoints Christopher Bugg group communications director
Prada has appointed Christopher Bugg as communications director for the group and will report to Lorenzo Bertelli, the Italian fashion group’s head of marketing. Bugg joined the group in January 2020 as Prada’s marketing and communication director for Asia. Previously, he was the global digital communications director at Louis Vuitton ...
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News briefs
UK e-tailer Shoeaholics opens six stores
Shoeaholics, the discount footwear and accessories e-commerce site owned by the British upmarket footwear retailer Kurt Geiger, is opening its first six pop-up stores in the U.K, including one on London’s Oxford Street. The site enjoyed a surge in revenues during the coronavirus-related lockdown and wants to build on the ...
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News briefs
Oliver Sweeney closes its stores
The British footwear company Oliver Sweeney has permanently closed its five stores as its retail business, Oliver Sweeney Trading, went into administration, a local procedure for creditor protection. Three stores were located in London, one in Leeds and one in Manchester. The company’s online and wholesale businesses are not involed ...
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News briefs
Daniel Footwear buys Johnsons Shoe Company
Newjohn Limited, a unit of the retailer Daniel Footwear, has bought Johnsons Shoe Company, a British family-run retailer, which fell victim to the Covid-19 pandemic and was placed into administration, a procedure which gives it protection from creditors, on April 23. Johnsons Shoe Company has been trading since 1952. Johnsons ...
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News briefs
Falc buys Candice Cooper
The Italian footwear group Falc has bought Candice Cooper, a brand of luxury sneakers manufactured in Italy, from Swiss-based Candice Cooper AG. Despite the takeover, the autumn/winter collection will continue to be distributed by the former owner. Falc will manage the spring/summer 2021 collection, which will offer a larger women’s ...
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Article
Marc Fisher takes over Calvin Klein footwear license in North America
Marc Fisher Footwear has entered a multi-year license agreement with Calvin Klein for the design, production and distribution of both Calvin Klein and Calvin Klein Jeans women’s and men’s footwear collections in the U.S. and Canada. The move comes as the footwear license held by Jimlar, a unit of Global ...
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ArticleEuropean footwear and apparel manufacturers call for re-shoring, tariff review
The European Footwear Confederation (CEC) is calling along with three other employers and labor representatives of the textile, clothing and leather industries, for a re-shoring of production and a review of preferential trade tariffs under the European Union’s Generalised Scheme of Preferences (GSP). The Covid-19 crisis has shown that transferring ...
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ArticleBrazilian shoe production seen falling up to 29% in volume this year
Brazil’s footwear production could fall by between 21.0 and 29.2 percent this year to 643.4-717.5 million pairs due to the impact of the Covid-19 pandemic, according to a survey released by Abicalçados, the country’s association of footwear manufacturers. In value, the decline could be shallower, reaching 18.2 to 27.4 percent, ...
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News briefs
Mulberry ends footwear, ready-to-wear collections
The British luxury goods brand Mulberry has decided to end its footwear and ready-to-wear collections, produced under license by Onward Luxury Group (OLG) since 2015, to focus on leathergoods, which represent about 90 percent of its revenues. OLG is the Milan-based branch of the Japanese company Onward Holdings. Mulberry is ...
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News briefs
Armani ready to ride out pandemic after 2019 revenue growth
Italian fashion house Giorgio Armani says it is in a strong position to ride out the Covid-19 pandemic, after reporting a return to revenue growth in 2019, a year earlier than anticipated. The company, whose brand logo can be found on everything from jeans, to shoes, eyeglasses and household furnishings ...
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Article
Antares eyes distressed Italian fashion assets
Italian private equity and debt-management group Antares is launching a new fund targeting investments among the country’s small and mid-sized financially-struggling fashion companies, whose ranks have grown with the Covid-19 pandemic. Antares has already raised €50 million in fresh cash for its “luxury and lifestyle” turnaround fund, largely with Italian ...
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News briefs
Camper accelerates product development thanks to new PLM solution
Camper said that thanks to the implementation of a new Product Lifecycle Management (PLM) solution, provided by Centric Software, it has managed to reduce product development time, centralize all product data and boost quality control. The Spanish footwear company has explained that it previously struggled with outdated software, not designed ...
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Article
Zalando significantly improves its full-year guidance after Covid-19 outbreak
Zalando expects full-year gross merchandise volume (GMV) to rise by 20-25 percent and revenues by 15-20 percent, with adjusted Ebit reaching €250-300 million, as the German online fashion retailer benefited from the impact of the Covid-19 pandemic. The previous guidance, published on May 6 in an attempt to estimate the ...
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ArticleChange of ownership for Clergerie
First Heritage Brands has sold Maison Clergerie, the French maker of luxury footwear, to French Legacy Group, an investment fund of Swiss-based Mirabaud Asset Management. The financial terms of the transaction could not be obtained. In 2011, Robert Clergerie, the designer and founder had sold his company to First Heritage ...
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News briefs
Martin Krist, former head of Esprit’s shoe division, dies at 55
Martin Krist, former head of Esprit’s shoe division and an innovative leader in the shoe industry, died unexpectedly in June at the age of 55. Krist was with Esprit for over 17 years, from July 1998 until the beginning of 2016, shaping the fashion manufacturer’s shoe business strategy for many ...
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Article
Asos sees FY profits at top end of expectations after lockdown sales surge
Online fashion retailer Asos expects annual pre-tax profit to be at the top end of expectations after a sales surge driven by purchases of casual and active wear during the coronavirus lockdown. Group sales in the four months to June 30 rose to £1.01 billion (€1.1bn-$1.3bn) from £919.8 million in ...
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Article
Hotter Shoes submits debt restructuring plan to creditors
UK footwear chain Hotter Shoes has reportedly gone ahead with plans to file a company voluntary arrangement (CVA) proposal to creditors and shareholders seeking approval to close 46 stores as it deals with the impact of the coronavirus pandemic. The plan would leave the company, owned by Electra Private Equity, ...
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News briefs
Birkenstock to sell footwear designed by Central Saint Martins’ students
From February, Birkenstock will sell in selected stores worldwide and on the site 1774.com footwear designed by four students of Central Saint Martins. The German company started working with the London-based college in 2018 when it commissioned the BA Fashion History & Theory course to work on its archive. In ...
