Companies
Prada and adidas head into the metaverse
The brands have joined forces on a user-generated NFT and creator-owned art project. adidas for Prada re-source brings into metaverse their latest collaboration
LVMH posts revenue above pre-pandemic levels
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros
Kurt Geiger to open 13 to 15 stores in the UK
The Chief Executive of Kurt Geiger, Neil Clifford, has told the daily The Times that the British retailer is planning to open a new shop every month of the current year
Coach partners up with Savory Institute
The subsidiary of Tapestry has teamed up with the Savory Institute’s Land to Market Programme to support the regenerative agriculture movement, reducing its impact on climate change
Burberry announces full-price sales increase
The UK-based luxury group has reported that, in the third quarter of fiscal 2022, full-price sales increased driven by a strong performance in outwear and leather goods and in the US market
La Maison des Startups LVMH chooses 23 new startups
The luxury group has selected 23 new startups to join in the accelerator programme La Maison des Startups LVMH, which fosters the development of innovative solutions for the luxury industry
Puma discloses preliminary results for the year of 2021
The German-based sportswear giant is expecting currency-adjusted sales growth of approximately 14% in the fourth quarter, despite the negative impact of the COVID-19 pandemic
New Generation: meet Teresa Bettencourt
Teresa Bettencourt launched the Portuguese handbags brand Manjerica in 2012, inspired by the memories of her homeland, the Azores. Manjerica stands out for the conscious design, the choice of raw materials and the connection with the local production
Prada confirms robust growth in 2021
In a preliminary update, the luxury group has announced that sales bounced back above pre-pandemic levels. Revenue for the full year of 2021 reached 3.36 billion euros
American Exchange Group to acquire Aerosoles
The US-based designer, manufacturer and wholesaler has announced that it will buy the assets of the luxury comfort footwear brand to drive business opportunities growth
Coats launches fibre-laying technology for footwear
The British industrial thread manufacturer has launched Lattice Lite Eco, which uses sustainable materials, to create footwear composite materials
Stella posts growth over 2021
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars
Pou Sheng strengths partnership with Nike in China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience
Burberry signs sustainability linked loan
The luxury group has refinanced its Revolving Credit Facility to a 300 million British pounds (358.9 million euros) sustainability linked loan, in coordination with Lloyds Bank
Timberland launches take-back programme
The Timberloop scheme enables customers to return any used footwear and apparel to give them a new life. It is part of the VF-Corp-owned-brand goal of reaching full circularity by 2030
Media Partners
Media Partners
-
Shoe Intelligence
La Conceria
Fotoshoe
UNIT Publishing House