News
New CEO appointed to head up AstorMueller
Andreas Wortmann has been appointed as Chief Executive Officer (CEO) of the Swiss shoe manufacturer AstorMueller, the licensee of Bugatti shoes worldwide
Katrin Ley from Fashion for Good: shifting the fashion industry towards circularity by championing innovations
We spoke to Katrin Ley, Managing Director at Fashion for Good, a global platform for innovation. Among other topics, we talked about how Fashion for Good is driving circularity in the fashion and footwear industries through a collaborative approach
EU and Mercosur conclude free trade negotiations
Last Friday, the European Union and the Mercosur bloc agreed on the much-delayed free trade agreement. The deal is now subject to approval by the Council and Parliament
Gucci fully acquires Colonna Group tannery
Gucci Logistica, a subsidiary of Kering, has increased its stake in the Colonna Group to 100% for an undisclosed sum, thus strengthening its investment in the leather industry
Wolverine Worldwide's Work Group appoints new Chief Product Officer
Mike Maloney, with two decades in the footwear industry, will lead product innovation, merchandising and marketing strategy for the Work Group's diverse brand portfolio, including Wolverine Worldwide
Skechers' BOBS initiative reaches major charitable milestone
The US-based company surpassed 12 million US dollars in donations through the sales of BOBS products, which has helped over 2.2 million shelter pets across the US, Canada, the UK and Japan
ThredUp divests its European business
The US-based online platform has sold European business Remix in a management buyout, enabling both companies to prioritise market strengths and drive targeted growth under separate leadership
OrthoLite significantly expands its operations in India
Thanks to solid leadership in the region, OrthoLite has increased its Indian footprint by adding leather insole production and strengthening local manufacturing to support 61 brand partners
Foot Locker stumbles in the third quarter
The US-based sports retailer has stumbled again in the third quarter of its fiscal year, as total sales fell after the peak of the back-to-school season amid a heightened promotional environment
Mauro Bergozza takes the helm of Assomac at a challenging time for the industry
Mauro Bergozza, CEO of Bergi, has been chosen to succeed Maria Vitoria Brustia at the helm of Assomac at a time when exports of footwear and leather machinery are in decline
Kering leads the fashion industry with science-based targets for nature
The French group became the first fashion company to set measurable science-based goals for reducing water use and land footprint, including both its direct operations and supply chain
Mango reaches US expansion goals ahead of schedule
The Spanish fashion group has reached its goal of having 40 of its stores in the US by the end of 2024 ahead of schedule and even plans to surpass it with 42 stores open by the end of the year
E-commerce led the way on US Black Friday
US retail sales were up by 3.4% on Black Friday compared to the same day last year, according to Mastercard SpendingPulse, driven by a significant 14.6% increase in online sales
Portuguese footwear returns to school to showcase the industry of the future
Last school year, several initiatives were carried out in 78 schools, involving 1,900 young students, to demystify stereotypes and showcase the industry of the future This number will be increased this year
Stuart Weitzman and Swarovski unite for new holiday collection
Stuart Weitzman partnered with Swarovski Creators Lab to release crystal-adorned Stuart Power Shine pumps, a limited-edition collection combining craftsmanship and luxury fashion
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