Sneakers
JD Sports appoints new Chairman
The UK-based retailer announced that Andrew Higginson has been named Chair of the group, effective today, after a thorough search process carried out by the Board
Zèta: we are always on the lookout for new waste to recycle
We spoke with Laure Babin, the CEO of the zero-waste sneakers brand Zèta. Made exclusively from recycled, vegan and recyclable materials, the shoes are designed in Bordeaux, manufactured in Portugal and sold only across Europe to reduce the carbon footprint
Wolverine Worldwide sells Champion footwear licence to HanesBrands
The company announced that its wholly-owned subsidiary Keds sold the Champion trademarks for footwear in the US and Canada to its licensee HannesBrands for 90 million USD in cash
Saye forecasts growth for 2022
The brand of sustainable footwear, which posted sales of 5 million euros in 2021, expects to reach revenue of more than 8 million euros this year, on the back of the launch of four new models
Ferragamo opens NFT booth in Soho's concept store
The space, conceived as a new retail experience and creative hub, includes a hologram sneaker customization tool and an immersive NFT boot that allows customers to create their digital artwork
Nike announces fourth quarter and full year results
The US-based company posted full year revenue growth despite the impact of COVID-19-related disruptions in China and higher freight and logistics costs in the fourth quarter performance
Fleet Feet to acquire Marathon Sports
The US franchisor of locally owned and operated running stores announced that it will acquire the New England-based running retailer Marathon Sports and its soundRunner and Runner's Alley brands
Nike to fully exit Russia
Following Russia's invasion of Ukraine, the US-based sportswear giant halted operations in the country. But now has decided to leave the Russian marketplace for good
JD Sports doubles profit
The retailer posted a record profit before tax and exceptional items in fiscal 2022, as well as revenue growth of 38%, year-over-year, reaching 8.56 billion British pounds (9.95 billion euros)
Gap and Athleta invest in the footwear and apparel start-up Saysh
The San Francisco-based apparel retailer invested 1 million USD in the footwear brand founded by the Olympic medallist Allyson Felix and her brother and business partner Wes Felix
ABL Group acquires sneaker brands Tonakai
The Italian producer of leather goods, owner of the Rebelle handbag brand, has acquired 80% of Tonakai, the fashion sneaker brand founded by Francesco Renna
Columbia Sportswear names Senior VP, Omni Planning and Fulfilment
The US-based sportswear company announced the appointment of François Guillon to the role of Senior Vice President, Omni Planning and Fulfilment. He joins the company from Tiffany & Co
The Athlete’s Foot owner acquires Shoe City
Arklyz announced it is acquiring the Baltimore-based retailer Shoe City and its associated online platform - ycmc.com. With this acquisition, Arklyz expands its portfolio with another Athletic Speciality Footwear & Streetwear Lifestyle Retail Chain-
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