Companies
Hermès: Asia continues to drive sales growth
The Paris-based luxury group confirmed its strong sales momentum over the first half of 2019 reporting 12% growth at constant exchange rates and 15 % at current exchange rates
Manolo Blahnik buys footwear manufacturer
Luxury footwear designer Manolo Blahnik bought Calzaturificio Re Marcello, founded in 1938 and located in Vigevano (province of Pavia). The company has been manufacturing shoes for Manolo Blahnik since 1990
Uniqlo to switch from plastic to paper bags
Japanese-based retailer announced it will be using paper shopping bags instead of the plastic bags from September onwards. With this move, the company is joining the global initiatives to address one of the most important environmental issues: plastic pollution
Stella McCartney and LVMH in partnership
Both parties have reached an agreement to further develop the Stella McCartney House. Stella McCartney and LVMH will detail the full scope of the deal later in September
Skechers achieves record net sales
The US-based footwear giant announced financial results for the second quarter ended on the 30th of June 2019. Skechers announced another record on sales
New Generation: meet Catarina Teixeira Pinto
Lawyer and journalist with expertise in politics, Catarina Teixeira Pinto has a long curriculum. She recently created footwear brand Haggua, combining elegance and comfort
Chanel appoints first Senior Executive for Diversity
Fiona Pargeter is joining Chanel from Swiss Bank UBS where she was head of Diversity and Inclusion for Europe, the Middle East and Africa
Belle to spin off sportswear business
Chinese footwear manufacturer and retailer Belle International has filed papers for a public listing of its sportswear business Topsports International. The deal could amount to 1 billion US dollars
Dubai-based property developer acquires Roberto Cavalli
Investment company Vision Investment Co. LCC, owned by Hussain Sajwani, founder of Damac Properties Group, has signed a binding agreement to obtain 100% of Roberto Cavalli S.p.A
Chanel acquires stake in Italian tannery
The French luxury brand took another step in its strategy to reinforce its production process by acquiring a stake in Conceria Samanta, an Italian tannery company specialized in printed leathers, which has been its supplier for several years
Pou Chen with growing sales
By the end of June consolidated sales by Taiwanese-based footwear manufacturer giant reached 0.8 billion US dollars
BASF with major investment in footwear
The Germany-based company announced new investments to strengthen its global footwear presence: new Footwear Development Centers in the US and Thailand, new Footwear Innovation Center in Taiwan and expansion of the Footwear Development Center in Italy
Caleres' joint venture to expand distribution in China
The US-based footwear giant will begin to distribute footwear in greater China, including Hong Kong, Macau and Taiwan, through a joint venture with Brand Investment Holding, a member of the Gemkell Group
Saydo, the art of comfort shoe making
Get to know a Portuguese footwear brand that creates modern, timeless shoes for women always focusing on high quality and comfort. Saydo shoes are lightweight, flexible and soft
The latest movements in the industry
Several movements continue to mark the industry's headlines. Cougar Shoes has a new Marketing VP, Schutz US a new head and Two Ten is looking for a new President
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