Companies
Hermès buys Tanneries du Puy
Hermès Cuir Précieux announced the acquisition of one of its historical leather partners and suppliers
Zalando heading towards the 3 billion euros revenue threshold
Europe’s leading online platform for fashion, has announced third quarter results, strongly impacted by growth in its market share. The company almost reached full year 2014 revenue levels after only 9 months of 2015
Cavalinho invests half a million euros over the next two years
Company Jacinto Azevedo & Santos announced a new investment project to strengthen the internationalization process of its brand Cavalinho. The aim is to consolidate its presence in existing markets and to venture into new ones
Wolverine makes key leadership appointments
The US-based footwear giant has announced important appointments in two of the business key strategic growth areas, Consumer Direct and Apparel and Accessories
Hermès consolidates growth in sales
The France-based luxury brand continues with good performance in revenue. The group confirmed its medium-term goal for 2015 with revenue growth at constant exchange rates of 8%.
New Balance new 3D-printed running shoe
The sneakers result form a partnership between the US-based footwear giant and 3D printing specialists 3D Systems
44% stake in Alpargatas sold for over 720 million US dollars
Camargo Corrêa S.A. confirmed the business is going ahead. J&F Investimentos SA is taking over control of the Havaianas flip-flops maker. The deal involves 2.7 billion reais (roughly 720 million US dollars)
Tod’s acquires Roger Vivier trademark for 415 million euros
The seller, Gousson, an Italian company controlled by Diego and Andrea Della Valle, will reinvest 207.5 million euros in Tod’s through a reserved capital increase
Under Armour is FN’s 2015 Brand of the Year
Footwear dedicated publication Footwear News has named the Baltimore-based athletic label Brand of the Year
Wolverine appoints new President of lifestyle group
Richie Woodworth was appointed to the position of President of the Company's Lifestyle Group, which includes the Sperry, Stride Rite, Keds, and Hush Puppies brands
Louis Vuitton to close stores in China
The France-based luxury house is in the process of closing three stores in China, including an outlet in the southern city of Guangzhou. Several sources anticipate this trend will continue across the country in coming months
Revenue growth continues at CCC
The Poland-based company has announced the results for the first nine months of the year. Dynamic revenue performance continued with 8.1% increase in quarter sales and 16.7% increase in year to date sales
Footwear continues to be the main driver of Puma’s growth
Germany-based sportswear giant announced third quarter results in line with expectations. Growth occurred across all categories
Geox with 6.1% growth in turnover
The Italy-based company announced the results for the first nine months of the year. Sales and profitability up in the period
Skechers wins favorable ruling in Nike lawsuit
The Chief Administrative Law Judge of the International Trade Commission ruled that Skechers’ famous twinkle toes and bobs product lines do not infringe Converse’s Chuck Taylor design-
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