Companies
Lululemon boosts footwear segment with two new appoints
Shortly after launching its first footwear line, the company announced that Simon Atkins will join in as Senior Vice President (SVP) of footwear, and Phil Dickinson as SVP, global creative director
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Capri to donate products to aid refugees of the war in Ukraine
The luxury group has announced that it will donate over 1 million euros in essential clothing from Versace, Jimmy Choo and Michael Kors to aid those displaced by the war in Ukraine
Farfetch invests up to 200 million US dollars in Neiman Marcus
The luxury e-commerce platform has announced a global strategic partnership with the US-based omnichannel luxury retailer Neiman Marcus Group (NMG)
FDRA launches Footwear Trade Show Alliance
The Footwear Distributors & Retailers of America has announced the launch of the initiative Footwear Trade Show Council to foster collaborative and aligned practices within the industry
Dr. Martens names new Global Creative Director
The position will be held by Darren McKoy, known as DMac, who served before as Global Category Product Director. He stated that he will continue honouring the brand’s legacy
Japan Retail: retail prospects are again at stake
Hope for a return to normality in March, following the lift of the quasi-emergency restrictions imposed to control the Omicron-variant outbreak at the end of 2021, appears to be off the picture. The impact of Russia’s invasion of Ukraine on households and companies, which is prompting a hike in commodities and food prices, can no longer be discarded. Most likely, the footwear retail growth momentum of the final months of last year will not be accompanied by an increase in prices to avoid scaring away consumers, whose confidence suffered yet another blow in front of the international conjuncture
H&M posts profit
The Sweden-based fashion group reported net sales growth in the first quarter of the current fiscal year, amidst concern over the impact of the Russia-Ukraine war
Asics quantifies the impact of physical inactivity on mental state
Asics Mind Race experiment revealed that the impact of a week of physical inactivity is similar to a week of broken sleep. But it takes only 15:09 minutes of physical activity to lift the mood
Foot Locker committed to achieving net-zero emissions by 2050
The US-based footwear retailer has announced that it will set a science-based target in line with the criteria established by the Science-Based Target initiative (SBTi) to fight the climate change
LWG and LN announce World Leather Day
The two-leather industry non-profits are introducing World Leather Day 2022, on the 30th of March, to encourage organizations within the industry to positively promote leather
Stella confirms growth
The Hong Kong-based footwear manufacturer and retailer has reported audited results for fiscal 2021, confirming revenue growth over 2020, and announcing a new investment in Indonesia
Nike posts third quarter results
The US-based company reported revenue growth in the third quarter of the current fiscal year, driven by a good performance of Nike’s direct business
DHL partners up with South-African footwear brand Veldskoen
The logistics giant and the footwear brand have come together to launch a handcrafted limited edition of 365 pairs, dubbed ‘Dear’ Everyone’, to celebrate everyone and every one
NOKOMENTS: the footwear brand for the Generation Z
The Portuguese company Costa, Costa & Oliveira has just launched its new insignia, supported by a global eco-friendly vision. The company also owns the woman’s footwear brand Pinto di Blu-
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