Companies
Trading update from JD Sports
The UK-based sports retailer has issued a trading update for the 22 weeks to the end of December that is “slightly behind” prior expectations due to weaker consumer demand
Pikolinos posts record full year sales
The Elche-based group posted a record turnover of 138 million euros in the 2023 fiscal year, up by 29% year-over-year, a significant recovery from the COVID-19 pandemic-related decline
Futureverse teams up with Reebok
The AI and metaverse technology and content company has partnered up with Reebok to help the footwear brand expand the ways consumers can interact with its products
Latest Authentic Brands partnerships in Asia
The New York-based brand management company has expanded its partnership with Liberated for Australia, New Zealand, Thailand, and Indonesia and signed another with BRJ Group for Japan and Taiwan
Wolverine Worldwide appoints first-ever Chief Supply Chain Officer
The US-based company has appointed Bishu Jayaram to the newly created role of Chief Supply Chain Officer, making him responsible for global sourcing, distribution, logistics, and integrated planning
Deborah Taylor from SLF: leather has a sustainable future
We continued our conversation with Deborah Taylor, Managing Director of the Sustainable Leather Foundation (SLF), around the misconceptions that surround the leather industry and how education, communication, innovation and responsibility can help us move forward
More on acquisitions in the European footwear sector
The past two months have seen a number of transactions. The Italian shoemakers Dema and Asso have new owners. The Austrian retailer Leder & Schuh has acquired the brand rights of Delka
Nike cautions against soft demand for the second half of fiscal 2024
The US-based sportswear giant posted a solid performance in the second quarter of fiscal 2024, with profits up by 21% year-over-year, but warned of soft demand for the rest of the year
adidas appoints new Global Human Resources Head
The German-based company has appointed Michelle Robertson as Executive Board member, responsible for Global Human Resources, People and Culture, effective from the 1st of January
Wolverine Worldwide sells Asian assets for 70 million USD
As part of its ongoing transformation strategy, the US-based footwear company announced the sale of some assets in Asia, which will generate a total of 70 million US dollars in proceeds
Portuguese footwear arrives in Versailles
The emblematic Château de Versailles has chosen the footwear of the Portuguese brand Uniform Shoes to equip its reception and management teams
South Korean Coupang acquires Farfetch
The South Korean e-commerce giant has agreed to buy Farfetch in a bailout deal, providing the online luxury platform with 500 million USD in emergency funding. Deal to acquire a 47.5% stake in Yoox Net-a-Porter is off
Deborah Taylor from SLF: traceability is the number one challenge facing the leather industry
We spoke to Deborah Taylor, Managing Director of the Sustainable Leather Foundation (SLF), to find out more about the tools the organisation provides to help the leather industry move towards more sustainable practices and the biggest challenges it currently faces
Under Armour to scale up its fibre-shed test method
The company has teamed up with James Heal, a precision testing solutions supplier, to make its fibre-shed test method available to the industry and to address the growing threat of microfibres and microplastics
Kiton invests in new production cluster
The Italian luxury ready-to-wear and bespoke clothing company will invest 30 million euros in a new facility in Arzano (Naples) to strengthen its production, including that of accessories and shoes-
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