Companies
Kering overcomes expectations despite 4.3% sales decline
The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance
Crocs and Justin Bieber in partnership
The casual footwear brand announced a collaboration with global superstar Justin Bieber. The Crocs X Justin Bieber is inspired from the signature yellow of Bieber's personal clothing brand and includes eight custom Jibbitz charms
Prada appoints Malika Savell Chief Diversity, Equity and Inclusion Officer
After Chanel, Gucci and Kering, it is Prada's turn to create a position as Director of Diversity, Equity and Inclusion Officer and Malika Savell has been appointed to the position in Prada North America
VF shows signs of recovery with higher than expected results
The owner of brands such as Vans, The North Face and Timberland, registered declining revenue in the second quarter (-18%). Notwistanding, VF's results have surpassed their internal expectations, which is being taken as a positive sign of recovery
361 provides operational update
The Board of the Hong Kong based footwear company has provided operational updates for its business segments referring to the third quarter of 2020
Savana launches new brand
For the Portuguese-based footwear company protecting the environment is as important as creating a good pair of shoes. With that thought in mind the company has launched a new brand
LVMH: fashion and leather goods division with improved revenue
The luxury group recorded revenue of 30.3 billion euros in the first nine months of 2020, down by 21%. Revenue was down by 7% in the third quarter, reflecting an improvement in trends, with a return to growth in the Fashion & Leather Goods segment
Amy Hunter is Caleres new Vice President of Diversity, Equity and Inclusion
The St. Louis-based company has announced Amy Hunter will join the company as Vice President of Diversity, Equity and Inclusion, effective from today
Ennio Fontana takes on the leadership of Roberto Cavalli
The Italy-based company confirmed the appointment of Ennio Fontana as their new General Manager. Ennio Fontana, who worked for twenty years alongside Philipp Plein, is now taking over the reins of Roberto Cavalli
Get to know Tentoes: Made in Nature
Born in the heart of the Felgueiras-based footwear group Carité, which owns the J.Reinaldo brand, Tentoes: Made in Nature was presented at the last edition of the trade fair Micam
CCC with fast sales recovery of the online channel
The Polish-based group finished the second and third quarters of 2020 with strong sales growth in the e-commerce channel, reporting revenue increase of 82% and 60% year on year, respectively
COVID-19 intensifies Mulberry's losses
The UK-based handbag and accessories retailer has been hit particularly hard by COVID-19. When announcing last year's results, Mulberry confirmed a 10% decline in revenue
Clarks to close 50 stores
Clarks is expected to go ahead with a Company Voluntary Arrangement (CVA) which can result in the closure of several of its shops in order to secure a capital injection from Hong Kong-based private equity firm LionRock, Sky News reported
12th Annual Skechers Pier to Pier Friendship Walk turns into a virtual event
Notwithstanding the COVID-19 reality the fundraising campaign for kids will continue and the aim I to raise 2 million US dollars as it transforms its popular annual beach event into a celebration of its sponsors and community
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