Companies
Wolverine Worldwide opens innovation hub in Boston
The US-based company, which owns brands such as Merrell and Saucony, has opened an innovation hub in Boston to accelerate product design and development, as part of its wider transformation strategy
Caleres appoints SVP of New York brands
The US-based footwear company has appointed Nancy Bitetto as Senior Vice President of New York Brands to accelerate growth and expand profitability across its brand portfolio
Burberry launches new strategic plan amid profit losses
The British luxury company announced first-half results for fiscal 2025. Declined revenue and profitability prompted a strategic reformulation to revitalise the brand and return to sustainable growth
Skechers to accelerate growth in Europe with new expanded distribution centre
The US-based footwear company has announced that it is moving its European distribution centre to a larger, single facility in Liège, Belgium. The aim is to support growth in Europe
Wholesale continues to weigh on Geox’s performance
In line with the first half, the footwear company has reported a decline in sales for the first nine months of the year, as the wholesale channel continues to weigh on overall performance
Alpargatas reports continued growth in 2024
Havaianas' performance in Brazil, with increased volumes and improved margins, and Rothy's revenue growth of 29% in the third quarter of 2024, compared to last year, anchors Alpargatas' growth
Grendene posts strong nine-month performance
Despite a challenging macroeconomic environment, the Brazilian footwear company, owner of the Melissa and Ipanema brands, has posted a strong performance in the first nine months of the year
Yue Yuen reports revenue growth in the first nine months of 2024
Despite challenges in retail sales and market uncertainties, the Hong Kong-based group reported revenue growth and improved profitability, driven by manufacturing demand and operational improvements
Ross Stores announces Jim Conroy as its new Chief Executive Officer
James Conroy, a seasoned retail executive, will assume the CEO role at Ross Stores on the 2nd of February 2025. The current CEO, Barbara Rentler, will transition to an advisory role until March 2027
OrthoLite strengthens global operations with new hires
The US-based insole manufacturer has appointed Raj Santhana as its new vice president of operational excellence and promoted Shaw Kiat Phua to vice president of global foaming
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Steve Madden to cut on sourcing goods from China for fear of Trump’s tariffs
The US company is accelerating its plans to move production out of China after Trump’s victory in the country's presidential election increased the likelihood of higher tariffs on imported goods
Steve Madden posts revenue growth
The US-based footwear, accessories and apparel designer has posted 13.0% year-over-year revenue growth in the third quarter, with a strong contribution from the newly acquired Almost Famous business
Allbirds reports third quarter sales drop and adjusts full year outlook
The US company has lowered its full year sales guidance due to a sharp decline in revenue in the third quarter. This also reflects the expected impact of store closures and international distribution transitions
Tapestry raises full year outlook
The US-based luxury group, which owns Coach, Kate Spade and Stuart Weitzman, has raised its guidance for the full year 2025, after reporting a better-than-expected first quarter performance-
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