Companies
Wolverine Worldwide appoints its first Chief Strategy Officer
The US-based outdoor company has announced the appointment of Brett Parent as the first Chief Strategy Officer. He has been with Wolverine for nearly twenty years
Crocs ends 2024 on a positive note
The US-based footwear company has reported a strong full year performance and ended 2024 with a solid balance sheet. From a brand perspective, Heydude continues to fail to take off
Burberry names Charlotte Baldwin as Chief Information Officer
The UK-based luxury label has named Charlotte Baldwin as Chief Information Officer, effective from the end of March. She will be responsible for leading Burberry’s global technology team
Silvia Onofri appointed as the new CEO of Miu Miu
The Italy-based Prada Group has announced the appointment of Silvia Onofri as CEO of its Miu Miu brand. She was president of VF Corp-owned outerwear brand Napapijri until January
Steve Madden to take over Kurt Geiger
The US-based company has entered into a definitive agreement to acquire the Kurt Geiger brand from Cinven for approximately 289 million British pounds (about 361 million USD)
Kering reports a 12% decline in full year revenue
The French-based luxury group ended the year in the red once again, with full year revenue down by 12% on the previous year. Sabato de Sarno has since left Gucci
Mytheresa to be renamed LuxExperience
The luxury e-commerce platform Mytheresa will be rebranded as LuxExperience following the proposed acquisition of Yoox Net-a-Porter (YNAP) from Richemont
Skechers posts strong full year results
The US-based footwear company has posted a strong performance for the fiscal year 2024, culminating in a strong holiday season, underpinned by growth in all regions
Industry is confident regarding footwear retail prices
77% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The report with the results of the 11th edition of the survey is now available
Brian Costello appointed Chief Merchandising Officer of Famous Footwear
The US-based footwear company Caleres, owner of Famous Footwear, has appointed Brian Costello as the brand’s Chief Merchandising Officer. He brings nearly 30 years of experience to the role
Maison Margiela appoints Glenn Martens as creative director
The OTB-owned luxury brand has found a successor to John Galliano, who left the label in December. Glenn Martens is the new creative director at Maison Margiela
Golden Goose announces new investor
The luxury sneaker company has announced that the Hong Kong-based Blue Pool Capital, founded by Alibaba Group co-founder and chairman Joe Tsai, has acquired a 12% stake in the company
Cost of raw materials and competition in their home market worry the footwear industry
Respondents of the 11th edition of the World Footwear Business Conditions Survey elected the cost of raw materials and competition in their home market as the main difficultie sfaced by the industry
VF Corp on track with its turnaround plan
The US-based footwear company has reported progress on its turnaround plan. Vans continues to improve quarter on quarter and the Americas region has returned to positive territory
Skechers opens first performance flagship location
Located in Canada’s West Edmonton Mall, the store offers an immersive experience with half courts and the company’s extensive performance range of footwear technologies worn by athletes worldwide-
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