News
24 new companies join the Fashion Pact
Signatory companies of the Fashion Pact have met in Paris for a first working meeting and 24 more companies joined the group
Best quarter ever for Puma
Best set of results posted in a quarter, both in terms of revenue and EBIT, was announced by Germany-based Puma. Footwear with 17% growth
ABG to acquire Barneys New York
With the aquisition of the legendary luxury retail brand ABG will enhance its luxury footprint and consolidate its position in the contemporary fashion segment
Kevin Plank steps aside as Under Armour CEO
Patrik Frisk to become Chief Executive Officer of Under Armour on the 1st of January 2020. Founder Kevin Plank to become Executive Chairman and Brand Chief
Eric Liedtke to leave adidas by the end of 2019
After 25 years at adidas the Executive Board Member of adidas AG has informed the Supervisory Board that he will not be available for the entire next strategic cycle starting in 2021
Arezzo sets a deal to distribute Vans in Brazil
VF entered in a deal with Arezzo & Co. to handle Vans' suppliers, logistics, distribution, franchising, e-commerce and store expansion in Brazil
JackRabbit to acquire Olympia Sports Stores
A portfolio company of CriticalPoint Capital, JackRabbit, announced the cquisition of Olympia Sports Stores. This deal represents the Fourth Investment by JackRabbit over previous 2 years
Mexico: tariffs on imports to remain
The decision follows a previous announcement indicating tariffs on imports from countries with whom Mexico has no free trade agreement could be eased
Kids just wanna have fun
Watch the video and get a view of the Portuguese industry children's shoes
Bill McCann as RPFMA's new Executive Director
The management and advocacy operations of the Rubber and Plastics Footwear Manufacturers Association are now performed by SMI and COO Bill McCann is the new Executive Director of the association
Elisa Lanciotti elected new Chair of Assocalzaturifici Young Entrepreneurs
During the 34th national convention of Confindustria Young Entrepreneurs in Capri, the Assocalzaturifici youth group elected Elisa Lanciottias Chair for the years 2019-2023
Skechers wins in Converse lawsuit
The judge of the case found no violation of the Chuck Taylor trademark by any of the Skechers styles in case and Skechers issued a release on the matter
Counterfeit Nike shoes seized in the US
The US Authorities recently seized 14 806 pairs of counterfeit Nike shoes. If genuine the shoes would have an estimated manufacturer’s suggested retail price of over 2 million US dollars
Turkish international trade in detail
According to Turkish Statistical Institute the share of large enterprises in exports was 44.6%. Exports were mostly aimed to the EU 28. More details were revealed
Mark Parker to step down as Nike's CEO
The sportswear giant announced Board Member John Donahoe will succeed Mark Parker as President & CEO in 2020. Parker will become Executive Chairman of Nike
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