Product & Marketing – Page 53
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News briefs
Aerosoles hires Jimmy Gabriel as Chief Brand Officer
Aerosoles has hired the industry veteran Jimmy Gabriel as President and the newly created job of Chief Brand Officer. “I’m thrilled to announce the next chapter of my journey with American Exchange and Aerosoles! Excited to work with such an incredible company and a team of talented, driven, and inspiring ...
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News briefs
Hanwag expands its German sales team
The German hiking and mountaineering boot manufacturer Hanwag, part of Fenix Outdoor AB, has expanded its German sales team for the fall and winter season. Daniel Amerkamp was appointed Regional Sales Manager for southern Bavaria and will focus on strengthening partnerships with retailers and supporting local customers, Hanwag said. ...
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News briefs
Ecco hires a head of wholesale for Central Europe
Marc Martin took on the role of Head of Wholesale Central Europe at the Danish footwear and leather group Ecco. In his new position, Martin is responsible for overseeing wholesale operations in the DACH region (which comprises Germany, Austria and Switzerland) and in the Netherlands. Martin previously worked for ...
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News briefs
Esprit closes all German stores
The fashion brand Esprit will close all 56 of its stores in Germany by the end of the year, resulting in the loss of approximately 1,300 jobs in retail and at the headquarters in Ratingen, the German press agency DPA reported. Parent company Esprit Europe GmbH, along with six ...
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ArticleCoats fully derisks its pension scheme, expects higher cash generation
Coats has de-risked its benefit pension scheme by insuring future liabilities. The move is expected to boost the group’s cash generation which can be allotted to hike investments or shareholder remuneration. The British industrial thread and global footwear component manufacturer said that the trustee of the Coats UK Pension Scheme ...
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ArticleSoggy British summer hits second-half sales at Primark
Like‐for‐like sales at Primark were expected to fall by around 0.5 percent year-over-year in the six months to Sept. 14 due to wet weather in the UK and Ireland, driven by a 0.9 percent decline in the final three months compared with 0.2 percent growth in the third quarter. Overall ...
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ArticleAsos sells Topshop and partially refinances its debt
Asos is selling 75 percent of the Topshop group for £135 million (€160m) as part of a deal with the Danish fashion billionaire Anders Holch Povlsen, who owns 28 percent of the troubled British online fashion retailer. Asos, which has faced severe headwinds amid the cost-of-living crisis in the UK ...
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News briefs
German economic growth seen flat in 2024 - Ifo
Germany’s gross domestic product is expected to be flat this year, the German economic research institute Ifo said in its autumn economic forecast, down from a projection of 0.4 percent growth in its previous estimate. German GDP in 2025 is now seen rising by 0.9 percent, down from prior expectations ...
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News briefs
Uli Hauer launches his own shoe brand Uli H.
Ulrich Hauer, a veteran of the footwear industry, is launching his own men’s footwear brand, Uli H., with his company Profectus Brand Construction GmbH, a development, marketing and consultancy firm based in Bad Oeynhausen in the North Rhine-Westphalia region of Germany. The collection, which combines “modernity and coolness, coupled ...
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News briefs
Investors propose to take Nordstrom private
Nordstrom received an offer from members of the Nordstrom family and the Mexican retailer El Puerto de Liverpool (Liverpool) to take the US department store chain private. Nordstrom said that the special committee of its board of directors received a proposal from Erik and Pete Nordstrom, and other members of ...
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News briefs
Tecovas expands into wholesale
Tecovas is partnering with nine retailers to expand for the first time into wholesale. Thanks to the partnerships, the Texas-based boot brand will reach 36 stores in 10 US states. The brand expects that wholesale could represent about a quarter of its sales in the coming years. Until now, the ...
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ArticleShoepassion takes over the luxury shoe platform Mybudapester.com
The Berlin-based footwear company Shoepassion acquired the online luxury shoe retailer Mybudapester.com following the insolvency of Mybudapester.com GmbH. “The acquisition of Mybudapester.com significantly strengthens our portfolio. The platform offers our customers expanded access to exclusive shoe brands, furthering our premium private brand strategy,” said Shoepassion’s Chief Executive Officer, Björn Henning. ...
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News briefs
BASF to end adipic acid, CDon, CPon production at Ludwigshafen site
BASF will end the production of adipic acid, cyclododecanone (CDon) and cyclopentanone (CPon) at the Ludwigshafen site in Germany. The production plant for CDon and CPon will be shut down in the first half of 2025 and adipic acid production will end in the course of next year. The German ...
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News briefs
Sylvia Klemens leaves Waldläufer, goes back to Seibel Group
Sylvia Klemens left the Schwanheim-based shoe manufacturer Lugina at the end of August to rejoin the Seibel Group in Hauenstein, in the Rhineland-Palatinate region. From August 2020, the 55-year-old footwear expert was in charge of development and sales for the Waldläufer brand. Starting mid-September, Klemens will assume the ...
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News briefs
ANWR and Sabu present an education platform for the shoe industry
The German footwear buying group ANWR and the German shoe retail cooperative Sabu have launched their first joint project, the “Wissenswelt” (Knowledge World) platform. The online platform offers training resources for staff across more than 4,500 points of sale in the shoe industry, with a strong emphasis on video-based ...
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News briefs
The most popular brands on Schuhe.de: from colorful to classic with a focus on function and comfort
As the spring and summer season unfolded in Germany, the customers on ANWR Group’s online store Schuhe.de gravitated towards more neutral and classic tones. Footwear that combines functionality, comfort and style remained in high demand, with versatile and fashionable designs among the most sought-after in the second quarter of 2024, ...
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News briefs
Micam will showcase Italian cuisine
The 98th edition of Micam Milano, held from Sept. 15 to 17 at the Fieramilano Rho exhibition center at the outskirts of Milan, will be showcasing cuisines from seven Italian regions with footwear clusters. The Micam Taste Arena will be set up in hall 5 in partnership with Associazione Italiana ...
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News briefs
The founder of Oboz has passed away
Outdoor industry veteran John Connelly passed away on Aug. 22 at the age of 77 after a long battle with various cancers. Connelly dedicated 50 years to the outdoor industry, beginning his career at an outdoor shop in Richmond, Virginia, and later contributing to over 15 outdoor footwear brands. In ...
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ArticleC-Suite interview: Being listed on the stock market improved our governance - Nice Footwear
The Italian footwear company Nice Footwear was listed on the Milan stock exchange for just over a year from Nov. 18, 2021 to March 3, 2023, when it was delisted following a public tender offer (PTO) launched by the Italian private equity firm Palladio Holding to buy out the minority ...
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ArticleKurt Geiger enjoys strong sales growth in the US
Kurt Geiger, a British footwear and accessories brand, increased revenues by 9.4 percent to £360.6 million (€428.4m) in the fiscal year ended in February 2024, driven by demand for its “affordable luxury” handbags, now its biggest-selling products. The brand’s leather handbags have an average retail price of £250 (€297). Founded ...
