Switzerland
The Athlete’s Foot reports growth in 2023
The speciality footwear and lifestyle retailer has achieved 593 million US dollars in sales in 2023, an increase of 7% as compared to the previous year, amid a challenging retail landscape
Partnership between Richemont and Farfetch receives antitrust clearance
The European Commission (EC) has “unconditionally” approved Farfetch’s acquisition of a 47.5% stake in Yoox Net-a-Porter. The EC was the last regulatory authority required to give authorisation
Richemont acquires a controlling stake in the Italian shoemaker Gianvito Rossi
The Swiss-based luxury group has announced the acquisition of a controlling stake in the Italian shoemaking Maison Gianvito Rossi. The amount of the transaction was not disclosed
VF Corp to boost EMEA region with expansion of Switzerland HQ
Following the double-digit growth recorded this year, the US-based footwear group announced the intention of expanding its Europe, Middle East and Africa headquarters in Stabio, Switzerland
Bata launches shoe collection made with recycled plastic bottles
The footwear group has introduced the latest collection from its Power brand. Dubbed Love Ocean, it highlights Bata’s concerns about plastic waste polluting the oceans
Swiss On presents first-ever carbon emission shoe
In collaboration with LanzaTech, Borealis, and Technip Energies, the sportswear brand created the Cloudprime sneaker using carbon emissions as a raw material to reduce the brand's carbon footprint
Footwear in Switzerland – a country snapshot
After focusing on the footwear business in Poland, South Africa, South Korea and Russia, today, we bring you a new country snapshot, this time analysing in detail the Swiss footwear industry
RE:GROUND: the sneaker made with recycled coffee grounds
In partnership with Nespresso, Zèta created a sneaker that uses recycled coffee grounds, inspired by the principles of zero-waste, eco-design and French style. The sneakers are made in Portugal
Changes to the Board of Directors of Richemont
In advance to its upcoming annual general meeting due to be held on the 8th of September 2021, Richemont has announced changes to its Board of Directors
Intersport sells The Athlete’s Foot to Arklyz Group
Intersport International Corporation (IIC) agreed on a deal to sell 100 percent of The Athlete’s Foot retail & e-commerce network to Arklyz Group AG, owner of Intersocks
Richemont acquires Delvaux
The Switzerland-based luxury goods holding company announced it has acquired 100% of Delvaux, the renowned Belgian luxury leather goods Maison, in a private transaction
Richemont: profits rise despite falling sales
Despite a still uncertain economic scenario, luxury giant Richemont managed to register net profit rising by almost 40% in the fiscal year ending at the end of March 2021
Bata Shoe appoints Sandeep Kataria as New CEO
The Bata Shoe Organisation announced the appointment of Sandeep Kataria as CEO, who has served as CEO of Bata India since 2017, and takes over the global CEO role from Alexis Nasard, who has stepped down to assume a professional opportunity outside the organisation
The world’s most expensive cities
Paris and Zurich re-join Hong Kong at the top of the latest ranking of the world's most expensive cities, according to the latest information by The Economist
Richemont: quarter sales down by 47%
During the quarter under review, the group’s trading and operations were strongly impacted by Covid-19 and sales contracted significantly across all regions, channels and business areas, notwithstanding a 49% increase in China-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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