United Kingdom
Michael Kors results surpass expectations
Second quarter results for the Michael Kors Group exceed expectations. While the Michael Kors brand performed flat compared to the prior year, Jimmy Choo results were better than anticipated
Farfetch acquires Stadium Goods
With this acquisition of the sneaker and streetwear marketplace, Stadium Goods, Farfetch will expand its offering in the premier sneaker and streetwear category, which is part of the fast-growing premium sportswear market
Pentland secures Karen Millen global footwear license
Pentland Brands will make footwear for fashion brand Karen Millen. The first collection resulting from this new partnership should be ready for the autumn-winter 2019-2020 season
Robust year for Dr. Martens
The iconic British brand announced double digit revenue and EBITDA growth across all regions, with the EMEA region performing very strongly. Dr. Martens has made significant progress against all strategic priorities, particularly in growing its Direct to Consumer channels
Van Dal Shoes factory closes in the UK
For many this is the end of an era in Norwich, traditionally one of the main regions for footwear production in the UK. Following changes that have taken place since the hay-days of the mid 1980’s, this is just the symbolic end of the current chapter of the local footwear manufacturing scene
Allbirds to open first UK store
US–based footwear brand Allbirds, focusing on sustainable footwear, has signed for its first UK store in London’s Covent Garden, which will open later this month
Michael Kors acquires Versace
The London-based fashion luxury group announced a definitive agreement to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace for a total value of 1.83 billion euros. Holdings Limited will be renamed to Capri Holdings Limited
New President of Michael Kors Men's
The London-based fashion luxury group announced Andrea Pesaresi as the new President of Michael Kors Men’s. Mr. Pesaresi’s appointment will be effective from the 15th of October onwards
Lacoste Footwear with new Product Director
The joint venture between French sports brand Lacoste and London-based group Pentland, Lacoste Footwear, has appointed Marc Hare as its new Product Director
Michael Kors performs above expectations
The London-based global fashion luxury group announced its financial results for the first quarter. Growth marked the period. Jimmy Choo results were stronger than initialy anticipated
Burberry confirms boost in sales
The London-based global luxury brand Burberry announced a 3% increase in sales in the first quarter of the financial year
inov-8 launches world’s first graphene shoes
The sports shoes, developed in collaboration with the University of Manchester, are reportedly 50% more resistant to wear than the corresponding industry standard
Pentland with 25% growth in revenue
For the year ended on the 31st of December of 2017 Pentland recorded total group revenue of 3.6 billion British pounds (4.7 billion US dollars), a 25% increase from last year. Performance was much driven by JD Sports Fashion
Brazilian Footwear elects seven target markets
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the members of the Brazilian Footwear program (maintained by those entities) promoted a meeting to select target markets for the next two years
Michael Kors exceeds expectations for revenue
The UK-based luxury group announced its financial results for 2018 fourth quarter and fiscal year, ended on the 31st March 2018. Expectations for revenue in the period were surpassed-
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