United Kingdom
Nike to move into new London headquarters
With the lease on its current UK headquarters set to expire in 2020, the US-based sportswear has reportedly signed a long-term lease for a new 11-storey building in the North London district of King’s Cross
The BFA appoints new CEO
The British Footwear Association announced the appointment of Lucy Reece-Raybould as its new CEO, following from the retirement of John Saunders
Dr. Martens might be on the verge of being sold
According to several news reports, Permira is hiring bankers to oversee a review of its options for Dr. Martens, just six years after it purchased it from the founding Griggs family
LK Bennett sold to franchise partner
The UK-based premium fashion chain retailing womenswear, leather footwear and accessories has been sold to its Chinese franchise partner Rebecca Feng
BFA announces new CEO
The British Footwear Association (BFA) appointed Lucy Reece-Raybould as the new CEO
Bids for LK Bennett
The UK-based premium fashion chain retailing womenswear, leather footwear and accessories collapsed into administration earlier this month. Now, bids for the business start to be known
JD Sports to buy remaining shares of Footasylum
UK-based retailer JD Sports has agreed to buy the remaining shares of Footasylum, in a cash deal, a month after it took an initial stake in the company
Fashion chain LK Bennett to file for administration
The UK-based premium fashion chain, retailing womenswear, leather footwear and accessories, has called in administrators. 500 jobs are at risk
Giorgio Presca is Clarks new CEO
This nimination takes place after Mike Shearwood stepping down last year. Giorgio Presca will be responsible for all aspects of the business after a transiction period working alongside with the interim CEO Stella David
JD Sports buys 8% stake in Footasylum
JD Sports acquired 8 676 878 shares in Footasylum plc representing 8.3% of the issued share capital of the company
Capri announces quarter results
A global fashion luxury group, Capri Holdings announced its financial results for the third quarter of fiscal 2019 (ended 29th of December 2018). Good performance marks a quarter in which the Versace acquisition was also completed
tReds falls into administration
The UK-based footwear retailer, with a chain of footwear stores across the UK and an online operation, has been placed into administration
Sri Lanka: revenue from footwear and leather tripled
According to statistics issued by the local entities revenue generated by exports of these industries have presented a very dynamic performance in over one decade, growing by 300%
Capri Holdings completes acquisition of Versace
Capri Holdings Limited, a global fashion luxury group, announced it has changed its name from Michael Kors Holdings Limited, and from today its New York Stock Exchange ticker symbol will be CPRI. The company also confirmed it has completed the acquisition of Versace
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-
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