All Products & Services articles – Page 3
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News briefs
Lululemon plans to launch men’s footwear in Q1
Lululemon is “gearing up” to launch men’s footwear in the first quarter of 2024 as part of the brand’s effort to attract more male clients, said the CEO, Calvin McDonald, during a conference call with financial analysts. The Canadian producer of performance apparel for yoga, running and training entered the ...
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ArticleMoody’s upgrades Golden Goose’s credit rating outlook to positive
Moody’s Investors Service has changed Golden Goose’s credit rating outlook to positive from stable thanks to the company’s significantly deleverage. The U.S. credit rating agency also affirmed the Italian sneaker company’s B2 corporate family rating, its B2-PD probability of default rating, and the B2 instrument rating on the company’s €480 ...
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News briefsAerosoles signs licensing agreement with Maze for women's pants
Aerosoles signed a new licensing agreement with Maze Collections for the distribution of women’s pants. The partnership follows Aerosoles’ expansion into sleepwear earlier this year and “marks a strategic move into the apparel industry, introducing a line of work-appropriate career pants designed to redefine workplace comfort,” it said. Aerosoles, which ...
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News briefs
Tod’s joins the Aura Blockchain Consortium
Tod’s has joined the Aura Blockchain Consortium, securing digital product passports for the handbag Di Bag.“Using Aura Blockchain technology and the NFC tag that guarantees its authenticity and traceability, you are able to access all the information about the bag and its supply chain directly through your smartphone. This unique ...
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ArticleGruppo Florence plans a Milan-based ‘hub’ in 2024
Gruppo Florence, an Italian holding company that owns 28 suppliers to the luxury goods industry, including three footwear manufacturers, is planning to create a “hub” in Milan to exhibit the know-how of its various businesses. The hub dubbed “villaggio delle meraviglie” (the village of wonders) by Gruppo Florence’s CEO, Attila ...
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News briefs
Inditex in a 3-year deal to buy a significant portion of cycora
Inditex has formed a strategic partnership with Ambercycle, a Los Angeles based material science company, to help scale textile-to-textile recycled polyester. As part of this collaboration, the Spanish company, which owns Zara, among other banners, has signed a three-year agreement to buy a significant portion of the annual production of ...
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News briefs
Caleres launches One Planet Standard designation
Caleres introduced the One Planet Standard designation for products that meet or exceed 51 percent on its Sustainable Footwear Index. The One Planet Standard considers the sustainability of a product across its entire lifecycle, including six key pillars: sample reduction, materials, packaging, supplier environmental social governance (ESG) initiatives, brand philanthropy ...
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News briefs
New Zealand sneaker brand has a new plant-based alternative to leather
New Zealand-based sustainable shoe brand YY Nation has released a new collection of court sneakers made using cactus. The release of the Fractus Cactus and the Status Cactus coincided with World Vegan Day on Nov.1. According to YY Nation, the cactus court sneaker range is “Crafted using natural materials ...
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ArticleAldo in licensing agreement with ABG’s Roxy brand
Aldo Group has entered into another licensing agreement with Authentic Brands Broup (ABG), Jonathan Frankel, the president of Aldo Product Services told Footwear News. The new agreement involves the design, production and distribution of footwear for ABG’s newly acquired Roxy brand. The first collection of Roxy footwear for women’s ...
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News briefs
U.S. bioPU producer Algenesis raises $5m in funding round
Algenesis Corporation, an American plant-based material science company, has raised $5 million in a funding round. Algenesis claims that its Soleic technology is the world’s first renewable, high performance, fully biodegradable and backyard compostable biopolyurethane (bioPU) made from plants and algae. Unlike petroleum-based polyurethane (PU), Soleic PU can biodegrade in ...
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Skechers launches technical basketball shoes
Just in time for the start of the new NBA season, Skechers has unveiled its first line of technical basketball shoes to be sold in North America, the Philippines and China. The first wave of Skechers basketball shoes includes two different mid-top models, SKX Resagrip and SKX Float. Skechers has ...
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Steve Madden buys Almost Famous to expand its apparel business
In a move to expand its apparel business, Steve Madden has bought Almost Famous, a designer and marketer of women’s apparel, for $52 million in cash, plus an earn-out provision based on future financial performance. Almost Famous markets products under its own brands, primarily Almost Famous, as well as private ...
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Zalando introduces ZEOS Fulfillment
Zalando is launching the ZEOS brand (short for Zalando E-commerce Operating System), which aims at enabling brands and retailers to manage their multi-channel business across Europe within one unified platform. In October 2022, Zalando piloted a multi-channel fulfillment solution with selected partners, which is now moving under a new dedicated ...
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Jimmy Choo creates a capsule collection with Jean Paul Gaultier
Jimmy Choo, the luxury shoe maker owned by Capri Holdings, has collaborated with the French fashion house Jean Paul Gaultier on an exclusive capsule footwear collection. The collaboration fuses two creative identities founded on a shared vision of powerful, confident, and glamourous femininity co-designed by the houses’ creative directors Sandra ...
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Sioux launches new vegan sneakers in second collaboration with artist Tim Bengel
The German shoe manufacturer Sioux has teamed up again with Stuttgart artist Tim Bengel with the launch of a new limited edition of vegan sneakers. The new “SuperKrautOne” model, made entirely of vegan components with a high proportion of renewable and recycled raw materials, will be limited to 999 ...
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Coats expands its relationship with Brillio
Brillio, a digital transformation services and solutions provider, said that it has been selected by Coats as its technology services partner. Coats is a British manufacturer of industrial thread and footwear components. The five-year, multi-million-pound, outcome-based managed services agreement expands Brillio’s relationship with Coats dating back to 2015, it said. ...
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Caleres rolls out Bluecore’s platform across its brands
Bluecore, a retail shopper identification and customer movement technology, announced that Caleres is implementing the platform across its portfolio of brands. It was selected by the U.S. footwear group to help identify, personalize, and orchestrate automated marketing across the customer lifecycle and will become a key component of Caleres’ marketing ...
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News briefs
Taiwanese insole maker DSC expanding in Indonesia, India
Dahsheng Chemical (DSC), a Taiwanese maker of closed-cell and open-cell foam products founded in 1945, is expanding its global manufacturing footprint in Indonesia and India. The new locations, estimated to generate more than 1,500 jobs, will increase DSC’s global capacity by 24 million pairs of insoles per month and accelerate ...
