Product & Marketing – Page 82
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ArticlePrimark does not expect severe disruption due to Red Sea tension
Primark’s sales grew by 2.1 percent on a like-for-like basis over the Christmas quarter despite a warm autumn, however they were down from an 8 percent rise in the previous three months. The British fast-fashion retailer added it did not expect severe supply disruptions from attacks on commercial shipping in ...
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News briefs
Fessura raises €1.8m in crowd funding
Fessura, a sneaker company based in Italy’s Marche region, raised €1.8 million in a crowdfunding that attracted 161 investors. The fund raising was carried out on the Mamacrowd platform and closed on Jan. 17. The minimum goal of the crowd funding was €800,000 and the maximum size €2.1 million. The ...
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ArticleHow French retailers can save up to a year’s rent on their lease
In a comprehensive interview, Tanguy Pissembon, a Paris-based legal counsel in real estate, explains how commercial tenants in France can significantly save on their rents when renewing their leases by properly using the country’s legislation.
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ArticleBoohoo’s CFO quits with immediate effect
Boohoo’s chief financial officer Shaun McCabe has left the British fast-fashion online retailer with immediate effect and has been replaced by Stephen Morana, a former non-executive director of the company. The Manchester-based business, which owns the brands Karen Millen, PrettyLittleThing and Dorothy Perkins, said that McCabe had left the firm ...
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News briefs
Ara appoints new sales manager for specialist retailers
The German footwear group Ara has appointed a new sales manager for specialist retailers in the domestic market. Christian Kühn joined the company on Jan. 1, succeeding Sven Krafft. He reports directly to the head of sales, Frank Lüttig. Kühn previously worked as sales manager for the Dielmann ...
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ArticleANWR Group's FY sales down 5%
ANWR Group reported a 5.0 percent decrease in business volumes to €20.7 billion in 2023, with all divisions suffering a decline. “2023 was a particularly challenging year,” said Frank Schuffelen, the CEO of the ANWR Group. “Inflation rates, high cost pressure and the depressed consumer sentiment caused by the geopolitical ...
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News briefs
Zalando launches a new space for designer brands
Zalando has established a new ”luxury boutique-style” space for designer brands and has teamed up with the British-Japanese musician and actor, Rina Sawayama, as the new ambassador for the designer and luxury fashion offering in 2024. For designer brand partners, the service ”offers an opportunity to narrate their story, unveil ...
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News briefs
Paul Green joins the Leather Working Group
The Austrian footwear label Paul Green has joined the Leather Working Group, a global, non-profit, multi-stakeholder organization that focuses on upholding and promoting environmental and social sustainability standards in the leather value chain. With the move, the shoe manufacturer wants to underline its “commitment to transparent and sustainable practices,” ...
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Designer Brands appoints a former Deckers executive as brands president
Andrea O’Donnell has been appointed brands president and executive vice president of Designer Brands, effective Jan. 29. O’Donnell will be responsible for all of Designer Brands’ owned and licensed brands, which include Keds, Vince Camuto, Topo Athletic, Hush Puppies, Le Tigre, Lucky Brand, Jessica Simpson, Kelly & Katie, Crown Vintage, ...
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Amazon fined in France for excessive surveillance of staff
The Amazon France Logistique arm of U.S. e-commerce giant Amazon was fined €32 million by the French data protection authority for “excessively invasive” surveillance of its employees. According to the authority, the data collected by the scanners used by employees in the parcel processing warehouses represents an “excessive” monitoring system ...
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News briefs
Some CMA CGM ships continue to use the Red Sea route
The French container carrier CMA CGM is still sending some of its ships through the Red Sea despite attacks on commercial vessels by Houthi rebels based in Yemen, according to the news agency Dow Jones. The shipping company, which is the third largest in the world in terms of capacity, ...
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News briefs
D.a.t.e. invests in Santha
D.a.t.e., a Florence-based sneaker brand launched in 2005, has invested in the sneaker startup Santha to support its development. Along with buying a stake in Santha, D.a.t.e. will be in charge of the production and distribution of the company’s collections. Santha will be distributed in 100 points of sale worldwide ...
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News briefs
The cyberattack on VF may affect about 35.5 mln clients
VF Corp. said that data from about 35.5 million of its customers was stolen in a cyberattack on the Dec. 13. The parent company of The North Face, Vans and Timberland further stated that it does not store sensitive customer data such as SSN, bank or payment card details ...
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La Sportiva opens its first store in the U.S.
La Sportiva, an Italian maker of mountain gear, opened its first premium retail store in the U.S., in Boulder, Colorado. The store is located at 2100 Broadway, which is the crossroads of Spruce and Broadway Streets, and opened its doors to the public on January 2. It features products from ...
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ArticleBirkenstock targets running specialty shops with its footbed
In the U.S., Birkenstock is targeting running specialty stores by offering its signature sandals with an orthopaedic footbed as recovery footwear for athletes after their workout. The move is part of the German brand’s diversification strategy in a key market. “In Q4, we took advantage of the macroeconomic situation to ...
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ArticleStella’s Q4 sales rise on inventory replenishment by some customers
In the fourth quarter of 2023, Stella International Holdings posted a rise in manufacturing revenues to $380.3 million from $335.1 million a year earlier as footwear shipment grew by 10.9 percent to 13.2 million pairs from 11.9 million and the average selling price (ASP) inched up to $28.8 a pair ...
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Hanwag appoints a new head of development
The German hiking and mountaineering boot manufacturer Hanwag, founded in 1921, has appointed Christoph Hühnerbein as the new head of research and development. Hühnerbein has been leading the eight-strong team since Oct. 1, 2023. With experience at leading companies in the industry such as Adidas, Lowa and Mammut, he brings ...
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Snipes’ U.S. chief merchandising officer retires, his successor is named
The global sneaker and streetwear retailer Snipes announced the retirement of Brian Forde, group chief merchandising officer in the U.S., effective June 30, 2024. After 40 years in the sneaker industry, Forde is retiring. Forde began his career in various sales leadership roles at Nike before transitioning into retail in ...
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Allbirds names a chief marketing officer and a chief design officer
The U.S.-based sustainable footwear company Allbirds has filled two crucial executive leadership roles. Kelly Olmstead, formerly senior vice president of brand & marketing, has been elevated to the position of chief marketing officer. With 25 years of experience in the sporting goods, footwear, and apparel industry, Olmstead brings a wealth ...
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News briefsTamaris opens a flagship in Paris
Tamaris has opened a 130 square meter flagship in Paris, near the Garnier opera house. The store is managed by Stéphane Mordowicz of Groupe SMC. Mordowicz already runs several Tamaris stores in France. Tamaris is a brand of the German footwear manufacturer and distributor Wortmann Group. “At this prestigious ...
