Product & Marketing – Page 42
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ArticleCirql unveils a new biodegradable midsole technology
At ISPO Munich 2024, held from Dec. 3 to 5, Cirql, the subsidiary of OrthoLite, unveiled its latest material innovation: Cirql Zero, an industrially compostable and biodegradable foam designed for midsole components. Alongside its recyclable Cirql rTPU30 midsole, Cirql is providing footwear brands with comprehensive solutions that address the entire ...
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News briefs
Cole Haan enters a distribution deal with HiMaxx in China
Cole Haan entered an exclusive distribution agreement in China with HiMaxx. In conjunction, the Chinese retailer announced a new premium branded division, focused on Cole Haan, under the leadership of co-founder and board member Jason Hou. Established in 1928, Cole Haan is an American lifestyle brand distributed in about 100 ...
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Bureau Veritas buys LBS Luxury Brands Services
Bureau Veritas, a French provider of testing, inspection and certification services, bought LBS Luxury Brands Services, which specializes in quality assurance and quality control in the luxury industry. Bureau Veritas noted that the acquisition is in line with its strategy of strengthening its positioning and offering in the luxury and ...
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ArticleOtto Group changes legal status
The German mail order company Otto, owner of the Freemans, About You, Bonprix and Evri businesses, among others, is preparing to change its legal form and streamline its corporate structure as a generational handover gets underway. “In the course of the forthcoming generational change at the helm of the Otto ...
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ArticleGerman companies face unprecedented supply chain challenges
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China. These were the findings of a survey conducted from Sept. 18 to Oct. 25 by four ...
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ArticleC-Suite interview: BFShow to grow with the Brazilian footwear industry
Haroldo Ferreira, the president of Brazilian footwear association Abicalçados, expects BFShow to grow in lockstep with the Brazilian footwear industry and believes that a free trade agreement between the European Union and Mercosur will also be beneficial to European shoemakers. BFShow is the trade show promoted by Abicalçados in partnership ...
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News briefs
Jack Schwartz Shoes obtains the Lee footwear license
Jack Schwartz Shoes has obtained the footwear license for Lee, the denim and casual lifestyle apparel label owned by Kontoor Brands. The men’s collection is expected to retail at below $100 a pair and will be presented to buyers during the FFANY market week in New York next month. Headquartered ...
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ArticleDr. Martens sees early signs of recovery in US as new products sell well
Dr. Martens reported signs of “encouraging” trading since the start of the autumn/winter season, with new products selling well in the US, despite the troubled footwear maker swinging to a loss for the half year on weak demand across all regions. The outgoing Chief Executive, Kenny Wilson, said the company ...
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News briefs
Michael Kors reorganizes its management
Capri Holdings reorganized the management of its leading brand, Michael Kors. John Idol, the Chairman and Chief Executive Officer of Capri, will assume the role of CEO of the brand, effective Dec. 2. Cedric Wilmotte, who had been CEO of Michael Kors since April 2023, will leave the company after ...
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News briefs
Cambodia sees apparel, footwear, travel products orders up 20-30% in 2025
Orders received by Cambodian manufacturers of apparel, footwear and travel products are expected to increase by 20 to 30 percent in 2025 compared to 2024, according to the Cambodia Confederation of Investors Association (CCIA). “This increase in orders will provide more job opportunities for workers, contributing to improved employment prospects,” ...
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News briefs
VF to close a distribution center
VF Corp. will close a 46,500-square-meter distribution center in Martinsville, Virginia, in March 2025. The move will impact 242 employees, who will face layoffs by Jan. 19, 2025, according to Worker Adjustment and Retraining Notification (WARN) filings. The decision, part of the group‘s broader “Reinvent” turnaround strategy, aims to ...
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ArticleFrench parliament opposes EU-Mercosur deal
The French senate and the lower house of Parliament, the Chamber of Deputies, have rejected a tentative free trade agreement negotiated by the European Commission and Mercosur. On Nov. 27, 338 senators out of 348 voted against the draft agreement. The day before, 484 members of the lower house approved ...
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News briefs
Wolverine Worldwide appoints a Chief Product Officer for its Work Group
Wolverine Worldwide’s Work Group has named Mike Maloney as its new Chief Product Officer, effective immediately. Maloney, a footwear industry veteran with nearly two decades of experience at top brands including Adidas, Under Armour and Columbia Sportswear, will oversee product development, merchandising strategy and market expansion for the Work Group’s ...
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News briefs
OrthoLite expands its Indian business
OrthoLite has significantly expanded its operations in India with a larger manufacturing facility in Ambur, Tamil Nadu, and a new sales office in Chennai. This growth comes as part of the company’s strategy to meet increased demand under new leadership and to support its growing brand partnerships in the region. ...
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News briefs
JD completes the acquisition of Courir
JD Sports Fashion completed the acquisition of Groupe Courir for €520 million, following receipt of conditional clearance from the European Commission on October 22. “Courir is a market leader in sneakers in France, which is the largest sneaker market in Europe, and this acquisition reinforces our position within Europe,” according ...
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News briefs
Le Coq Sportif placed into receivership
A Paris-based commercial court has placed Le Coq Sportif into receivership. The Swiss group Airesis, which owns 75 percent of the French sportswear firm, indicated that Le Coq Sportif had applied to open a judicial restructuring procedure. The court confirmed the procedure. Le Coq Sportif will continue operating but has ...
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ArticleMount to Coast and BASF collaborate to produce a midsole
Mount to Coast, a Hong Kong brand specializing in ultrarunning and long-distance shoes, entered a partnership with BASF to explore high-performance, sustainable solutions for runners. CircleCELL, a midsole, is the first footwear technology produced by the collaboration. Based on BASF’s new biopolymer ecoflex BMB, the midsole is 90 percent more ...
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News briefsDow launches low-carbon material solutions for the footwear industry
Dow launched a portfolio of low-carbon material solutions which it claims can help the footwear industry “develop more sustainable products which offer the same high-performance results.” The upgraded portfolio consists of bio-circular* materials attributed under a mass balance approach, reversible cross-linking resins, post-consumer recycled resins and polyolefin elastomers for artificial ...
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News briefs
Dean Shoes lays foundation stone of new Indian factory
On Nov. 15, MK Stalin, the Chief Minister of the Indian state of Tamil Nadu, laid the foundation stone for a manufacturing unit of the Taiwanese footwear firm Dean Shoes at SIPCOT Park in Jayankondam, in the Ariyalur district. Dean Shoes is investing about $118.5 million in the facility which ...
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News briefs
Castañer opens its first store in Italy
After experimenting with a pop-up store in Milan last year, Castañer opened its first permanent store in Italy. The 33-square-meter store is located in Via del Babuino, one of Rome’s most exclusive shopping streets. The Spanish footwear brand is present in 20 countries through seven directly-operated stores, four in ...
