Skechers downsizes its board
Skechers has reduced the size of its board of directors to seven members, following the resignation of four current members and the addition of a new one, Zulema Garcia, who will serve on the company’s audit committee. Garcia spent 24 years at KPMG before joining Herbalife Nutrition as senior vice ...
Clarks CEO steps down after 10 months in role as strike drags on
The embattled British shoemaker Clarks said that its chief executive, Victor Herrero, has stepped down after only months in the job to take on “broader” responsibilities at its private equity parent firm. The announcement comes amid an ongoing strike by workers at the company’s Westway warehouse in Somerset over controversial ...
Weyco sees an improvement in supply deliveries in Q4
The U.S. group Weyco enjoyed a rebound in sales and earnings in the third quarter of 2021, but bottlenecks in the supply chain caused delays in the delivery of merchandise from suppliers and hurt the sales of its outdoor brand Bogs. In October, however, the company began to see an ...
Ferragamo hires 2 new managers
The Italian fashion company Salvatore Ferragamo has bolstered its management structure for North America and the EMEA region, with the nomination of two new managers.
Crocs seeks to block import of counterfeits into the U.S.
Crocs filed a complaint with the U.S. International Trade Commission (ITC) seeking an investigation of allegedly ”unlawfully imported shoes” into the U.S. in ”violation of its registered trademarks.”
HR Group promotes Steffen Rosenbauer CEO
The German shoe retailer HR Group has appointed a new CEO. Steffen Rosenbauer, the managing director of the group’s Reno footwear chain, took up the post on April 1 as Peter Wolf resigned after a three-year tenure to return focusing on the role of chairman of the advisory board.
Ferragamo confirms CEO staying on board
The majority shareholder in Salvatore Ferragamo has presented its slate of candidates for the Italian luxury group’s new board, with Micaela Le Divelec Lemmi confirmed as CEO despite speculation of a management shakeup. Executive deputy chairman Michele Norsa, the CEO of Ferragamo from 2006 to 2016 who rejoined the company ...
Shoe Carnival names a new CEO
Shoe Carnival’s board has unanimously elected Mark Worden as the next CEO, effective Sept. 30. Worden is the chief customer officer of the American footwear retailer and will succeed Cliff Sifford, who will step down as CEO but will continue as vice chairman of the board. Sifford joined the company ...
Victor Herrero confirmed as Clarks CEO after LionRock completes deal
LionRock Capital has completed its deal to take a majority stake in the struggling British shoe maker Clarks and confirmed senior management changes, with Victor Herrero replacing Giorgio Presca as CEO after weeks of speculation.
Shoe Zone warns on profits
Shoe Zone has warned that profits are unlikely to return to pre-Covid pandemic levels for the “foreseeable future,” after it swung to a full-year loss, citing the impact of store closures during lockdowns.