World Footwear

Brands

Caleres names Jay Schmidt President

Dec 3, 2020 / United States
The St. Louis-based footwear group announced several transformational changes to its leadership structure with the aim to align with its strategic direction, while accelerating its growth initiatives

LVMH names Chris de Lapuente new CEO of Selective Retailing

Nov 30, 2020 / France
The French-based luxury giant has named Chris de Lapuente as the new Chairman and CEO of LVMH's division of Selective Retailing, effective from January onwards

Dr. Martens could launch IPO soon

Nov 27, 2020 / United Kingdom
The British-based footwear brand known for its iconic boots has reportedly appointed Goldman Sachs and Morgan Stanley to lead its initial public offering (IPO)

By the Book: more than a backpack, a concept

Nov 27, 2020 / Portugal
An idea materialized in a piece and one clear goal: to make a difference by giving meaning to an object. And in this way, By the Book was born, a new brand of accessories that promises to make a difference in the market

J.Crew Group appoints Libby Wadle as Chief Executive Officer

Nov 26, 2020 / United States
In her new functions Libby Wadle will oversee J.Crew and J.Crew Factory in addition to her current leadership responsibilities at Madewell. Jan Singer, who was previously J.Crew Group's CEO, is pursuing other endeavours

Caleres to close 133 Naturalizer stores in US and Canada

Nov 24, 2020 / United States
More than 130 Naturalizer stores in the United States and Canada will be closed by early 2021 as Caleres announces it will adopt a digital sales strategy for the shoe chain

COVID-19 pushes luxury industry to its sharpest fall

Nov 23, 2020 / World
Global sales of luxury goods are expected to fall 23% to 217 billion euros this year, the biggest drop in its history and the first since 2009, due to the consequences of the coronavirus pandemic, consultant Bain & Company estimates

adidas talks about strong recovery despite sales plunge

Nov 19, 2020 / Germany
The Germany-based sportswear giant said the third quarter was marked by a strong recovery of the business. In the period under analysis, revenue decreased by 3% in currency-neutral terms. In euro terms, revenue decreased by 7%

Zouri produces shoes with apple waste

Nov 18, 2020 / Portugal
The brand of sneakers known for using plastic trash collected from the ocean in its productive process is now using apple waste in its products

The second life of Mariano

Nov 17, 2020 / Portugal
Not even the pandemic was an obstacle for Mariano Shoes. With 75 years of existence, the Portuguese-based footwear company wants to internationalize the brand through the online channel and with a focus on the women's segment

Eurazeo Brands buys Axel Arigato for 56 million euros

Nov 16, 2020 / Sweden
The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson

Burberry with growth in leather goods category

Nov 16, 2020 / United Kingdom
The UK-based luxury brand has announced a decline of 31% in revenue for the first semester of the current fiscal year. Despite that, Burberry is pleased with the year-on-year growth registered in the leather goods category

H&M Group names Leyla Ertur as new Head of Sustainability

Nov 13, 2020 / Sweden
From the 1st of January 2021 onwards, Leyla will take over from Anna Gedda who has led the company’s sustainability initiatives since 2014 and who will take on a new role as Head of Steering and Strategic Planning at H&M Group

Caleres names Michael Edwards President of Famous Footwear

Nov 12, 2020 / United States
Michael Edwards will replace Molly Adams, who resigned her position, effective from the 20th of November onwards to pursue an opportunity outside the organization

VF to buy Supreme

Nov 10, 2020 / United States
The branded lifestyle apparel, footwear and accessories group VF announced a definitive merger agreement has been achieved to acquire Supreme, a privately-owned global streetwear brand from current investors, The Carlyle Group and Goode Partners
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