Brands

Christian Louboutin sells 24% stake to Ferrari owner

Mar 9, 2021 / France

Holding company Exor and Christian Louboutin announced a partnership whereby Exor will invest 541 million euros to become a 24% shareholder in Christian Louboutin, alongside the founders and will nominate 2 of the 7 members of the Company’s Board of Directors

Acquisitions Brands Companies Fashion Footwear France Louboutin Luxury

Join the new edition of the World Footwear Business Conditions Survey

Mar 8, 2021 / Business Conditions Survey

The WorldFootwear.com is asking all experts within the footwear industry to share their views about the current business situation and assess the main impacts of COVID-19. We also want your opinions on the post-pandemic issues. Join today! We want to hear you

Brands Business Conditions Survey Companies Consumption Coronavirus - Covid19 ecommerce Fashion Footwear Management Manufacturing Organisations Shoes World Footwear Reports

Foot Locker names Melody Ehsani Creative Director of women's business

Mar 8, 2021 / United States

The sportswear retailer has announced Melody Ehsani as Creative Director of their women's business. The designer is set to debut custom women-centric capsule collections, as Foot Locker aims to be a leader in the streetwear world

Brands Companies Foot Locker, Inc. Management People United States

Kate Spade with new structure for creative organization

Mar 5, 2021 / United States

The American-based fashion design house Kate Spade, owned by the Tapestry-group, today announced a new creative organizational structure designed to sharpen its focus on the consumer, drive innovation, and increase collaboration

Brands Companies Kate Spade Management People Tapestry United States

Susie Mulder appointed Global Brand President for Timberland

Mar 5, 2021 / United States

VF Corporation, the owner of the Timberland, announced the appointment of Susie Mulder as Global Brand President of the brand. She begins in her new role on the 5th of April and will report to VF’s Chairman, President and CEO, Steve Rendle

Brands Companies Footwear Management People Timberland United States VF Corp

Yellow Wood Partners to acquire Scholl from Reckitt Benckiser

Mar 4, 2021 / United States

The Boston-based private equity firm focused on investing in consumer brands and companies announced that it has entered into an agreement to acquire the Scholl footcare brand, from UK-based consumer-goods company Reckitt Benckiser

Acquisitions Brands Companies Footwear United Kingdom United States

Aloft focus on sustainable soles for technical footwear

Mar 4, 2021 / Portugal

Portuguese-based company Aloft, specialised in the production of soles for technical footwear, is launching the first products using production waste. This results from research carried out within the FAMEST RTD project

Brands Companies Environment Footwear Footwear Components Portugal Portuguese Shoes Shoes Sustainability

Capri appoints Alejandro Martinez-Galindo as Chief Information Officer

Mar 3, 2021 / United Kingdom

The fashion luxury group announced the appointment of Alejandro Martinez-Galindo as Chief Information Officer of Capri Holdings, reporting to Thomas Edwards, EVP, Chief Financial Officer and Chief Operating Officer. His start date is the 8th of March 2021

Brands Capri Companies Footwear Management People Shoes United Kingdom

Marita Moreno is in the biggest fashion game in the world

Mar 3, 2021 / Portugal

It is one of the most famous virtual fashion games. It's called Covet Fashion and it allows users to create a dream virtual wardrobe and bring some of those pieces to real life

Brands Companies Fashion Footwear Partnerships Portugal Shoes

Kohl's expects sales to increase by two digits in 2021

Mar 3, 2021 / United States

The US-based retailer has announced they currently expect full year 2021 net sales to increase in the mid-teens percentage range as compared to the prior year. Total revenue declined by 20.1% in fiscal 2020

Brands Companies Footwear Kohls Quarter Results Results Retail Sales United States

Birkenstock sells majority stake to the company behind LVMH

Mar 2, 2021 / Germany

The Germany-based lifestyle brand has reached an agreement to sell a majority stake in Birkenstock Group to L Catterton, the private equity firm, and its affiliates including Financière Agache, the family investment company of Bernard Arnault (owner of LVMH)

Acquisitions Birkenstock Brands Companies Footwear Germany Luxury LVMH Shoes

Farfetch reaches profitability

Mar 2, 2021 / United Kingdom

The luxury e-commerce platform has announced revenue in 2020 which increased by 64% to 1.7 billion US dollars, with future sights set on China, after investments and deals made last year

Brands Companies ecommerce Fashion Footwear Quarter Results Results United Kingdom

Caleres adds Naturalizer & Sam Edelman distribution to its European business

Mar 1, 2021 / United Kingdom

The US-based footwear group is adding 2 brands through its European distribution office, based in Milton Keynes in the United Kingdom. Caleres aims to broaden the reach of its brand portfolio and strengthen connections with global consumers

Brands Caleres Companies Europe Footwear Shoes United Kingdom United States

Tonal partners with Nordstrom to expand retail footprint

Mar 1, 2021 / United States

The home gym and personal trainer company announced that it partnered with Nordstrom to bring its intelligent strength training system to new customers across the country. With the partnership Tonal's retail footprint will increase to 40 stores across the US

Brands Companies Digital Nordstrom Partnerships United States

Foot Locker: sales down by 5.7% in 2020

Feb 26, 2021 / United States

The sportswear giant has announced declining sales in 2020. Which did not come as a surprise given the COVID-19 scenario. The company’s Board of Directors approved a 33% boost in its quarterly dividend to 20 cents per share