Companies
LVMH announces first quarter results
The luxury group has reported a revenue growth of 17% (also organically) in the first quarter of 2023 to 21.04 billion euros, year-over-year, highlighting the rebound experienced in China
Golden Goose reaches record annual revenue of 500 million euros
The Italian-based luxury sneakers brand posted a revenue growth of 30% in 2022 over the prior year, reaching 500.9 million euros, driven by a strong performance in the Americas region
PVH Corp reports better-than-expected fourth quarter results
The US-based group has reported a fourth quarter revenue growth of 2% in 2022, year-over-year, driven by the performances of its Tommy Hilfiger and Calvin Klein brands
Crocs announces two-year partnership with designer Salehe Bembury
The US-based company has appointed Bembury as Creative Director of the Crocs x Pollex Pod collection, which he will continue developing in different silhouettes and colours for another two years
Inditex signs deal to support the expansion of regenerative agricultural systems
The Spanish-based fashion group has signed a 15 million euros agreement with Conservation International to support the expansion of its Regenerative Fund for Nature, launched jointly with Kering in 2021
Nike names new Chief Communications Officer
The US-based company has announced that KeJuan Wilkins will become its new Executive Vice President, Chief Communications Officer (CCO), succeeding Nigel Powell, who will retire this summer
Prada Group plans to hire over 400 workers
The Italian-based luxury group has announced that it plans to hire more than 400 people by the end of 2023 to increase its production capacity and craftsmanship expertise in Italy
Capri Holdings appoints Mahesh Madhavan to the Board of Directors
The owner of Versace, Michael Kors and Jimmy Choo has appointed the Chief Executive Officer (CEO) of Bacardi to its Board of Directors, effective from the past 30th of March
H&M reports a sales increase
The Sweden-based group reported a net sales growth of 12% in the three months to the 28th of February, as compared to the same period of last year, but March sales were below expectations
Footwear in Canada – a country snapshot
Today, we bring you our new country snapshot, this time focusing on Canada, the 16th largest importer of footwear in 2021 (value terms). In that year, consumption of footwear reached 128 million pairs, in a market of 38 million people whose GDP per capita ranks amongst the highest in the world
Tempe reports full year sales growth
The footwear manufacturer Tempe, which is part of the Spanish fashion group Inditex, reported an all-year-round revenue growth of 7.9% in 2022 to 1.41 billion euros from 1.30 billion euros in 2021
Bluestar Alliance rescues Scotch & Soda
The US-based brand management company has announced the acquisition of the Amsterdam-based brand, just days after Scotch & Soda declared bankruptcy for its Dutch operations due to “severe cash flow problems”
Gucci launches new deadstock and resale programmes
The luxury House has launched the initiatives Gucci Preloved with Vestiaire Collective and Gucci Continuum, featuring redesigned deadstock materials, as part of its ongoing circularity efforts
Dr. Martens appoints non-executive director
The iconic British footwear brand has announced that Andrew Harrison will join the board of the company as an independent non-executive director, effective as of the 1st of May
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Footwear Consumer 2030
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