News
adidas continues fight against marine plastic pollution
The Germany-based sportswear giant announce a global initiative to be set on World Oceans Day (8th of June) with the goal of raising 1.5 million US dollars to fight marine plastic pollution
Capri is in growth mode
The UK-based group announced double digit growth for fourth quarter's revenue. Capri Holdings is in growth mode and 2020 is expected to be an investment year for the group
Genesco's focus on footwear is succeeding
The Nashville-based company announced net sales up by 2% in the first quarter of the year, which follows the sale of Lids (Hats, Fan Gear, Sports Apparel, Jerseys, Sports Merchandise) to focus on footwear
Gallery Shoes update to the industry
As the next edition of Gallery Shoes fast approaches, the management of the trade fair issued an update with information about the event
New York will host the World Leather Congress
The fourth World Leather Congress is planned to take place the day before the Summer Lineapelle New York on Tuesday the 16th July
Tapestry appoints Tom Glaser as COO
The New-York based luxury accessories and lifestyle brands announced the appointment of Thomas A. Glaser, as Chief Operations Officer, effective from the 15th of July onwards. He will report directly to the company’s Chief Executive Officer, Victor Luis
Vapesol promotes design competition
The soles manufacturer based in Felgueiras, in the north of Portugal and at the heart of the footwear industry Cluster, is giving design students an opportunity to develop a prototype which will be at exhibition at Lineapelle
Kering to relocate Swiss logistic activities
After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy
Tapestry declares quarterly cash dividend
The New York-based luxury house announced a new cash dividend following the announcement of third quarter results marked by sales increase of 1%. A consolidating trend building up from previous sales growth now resulting in payment of dividends
Leslie Gallin from FN Platform: People will continue to shop
Beginning in August 2019, MAGIC will move to a single venue, allowing its many shows to exist as curated neighbourhoods within one single campus. We took the opportunity to discuss this issue and others with Leslie Gallin
VF Corporation completes separation of Kontoor Brands
At the end of last week, the branded lifestyle apparel, footwear and accessories group has announced it has completed the previously announced separation of VF’s Jeanswear organization into an independent, publicly traded company
Increase in shareholding at 361
Through an announcement made by 361 Degrees International Ltd on a voluntary basis it was made public that President Mr. Ding Wuhao has increased its shareholding in the company
Gallery sets the bar high for the next edition
Setting itself as an early ordering event, Gallery is expecting a 27% increase in the number of exhibitors and product groups are set to grow by 35% in terms of floor space at the coming July event
Hermès inaugurates regional training hub in France
The French-based luxury house is strengthening its territorial presence in the country with the inauguration of a seventeenth leather goods workshop in Fitilieu (Isère)
VF with revenue growth in strong momentum
Full year fiscal 2019 revenue from continuing operations increased by 12% to 13.8 billion US dollars; excluding acquisitions net of divestitures, revenue increased by 7%
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