News
Strong year at LVMH
A leading player in the luxury segment, LVMH Moët Hennessy Louis Vuitton recorded revenue of 42.6 billion euros in 2017, an increase of 13% over the previous year. Organic revenue growth totaled 12%
Liberty Shoes plans to open 50 stores
The India-based footwear group Liberty Shoes is preparing to open about 50 new stores over the next 12 months
Rick Ausick announces retirement
Caleres announced Rick Ausick, President of Famous Footwear, will retire in 2018 as part of a planned succession. Ausick, and his leadership team, have been integral in developing and executing Famous Footwear’s strategic plan
Nine West close to filing for bankruptcy
The deal would allow Nine West to restructure about 1.5 billion US dollars in debt and would include sale of assets. Speculation about the next move of the company has been around for months
Pou Chen proposes to privatise Pou Sheng
Shares of Pou Sheng climbed to an historical high yesterday after the company announced it would receive 6.8 billion Hong Kong dollars (860 million US dollars) from its proposed privatization. The company is Yue Yuen's retail arm
Lively atmosphere and positive balance at Pitti Uomo
The latest edition of the Italian trade fair received 36 000 visitors and closed the program with a positive balance and strong satisfaction with the atmosphere
Kering to offer Puma shares to investors
The Paris-based luxury group will offer its shareholders the option of receiving shares in sports brand Puma in place of cash dividends
Guava X Gianni Versace Retrospective
The Portuguese footwear brand will feature at the Versace Runway Retrospective event in Berlin. Guava was the only footwear and accessories brand to be invited to be part of the event
Mimi Eckel Vaughn to be Genesco's COO
Currently the company's Senior Vice President and Chief Financial Officer, Mimi Eckel Vaughn is to be named Chief Operating Officer of Genesco once her successor as CFO is appointed
European exports with positive semester
During the first half of 2017 the European Union as a whole exported 20.56 billion euros of footwear, registering a 7.0% increased from similar period last year
Carrefour to acquire 17% of Showroomprive
The French multinational retailer and the online sales player announced the signing of a strategic agreement. Carrefour will acquire 17% of the share capital of Showroomprive from Conforama, a subsidiary of the Steinhoff Group
Gardabags announced at the latest edition of Expo Riva Schuh
The latest edition of Expo Riva Schuh draw to a close with over 13 000 visitors. New show Gardabags was announced for June's edition
The Baron’s Cage - Step into the extraordinary
A new Portuguese brand, created in 2016, presenting collections aimed at men who combine eccentricity with creativity. The brand challenges the limits of conventional design, taking the classics to the extraordinary
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