Companies
Tamara Mellon raises funding for brand's expansion
The co-founder of the Jimmy Choo brand has managed to secure funding to expand her namesake brand. Tamara Mellon raised 50 million US dollars for the expansion of the brand
Tapestry appoints new CFO
Joanne C. Crevoiserat was appointed as Chief Financial Officer of Tapestry, the New-York based luxury house
5 offers for Roberto Cavalli
Five potential investors presented proposals for the Italian fashion brand Roberto Cavalli. The identity of the candidates was not revealed
Walmart has a new Chief Technology Officer
Suresh Kumar is a 25-year Tech Executive, who will bring deep experience in retail and e-commerce, advertising, cloud and machine learning
BASF invests in Longwater Advanced Materials Fund
The Chinese fund focuses on advanced materials and chemistry-related technologies. The partnership will facilitate a synergetic collaboration between BASF Venture Capital and Longwater Investment
Bata to invest in Colombia
The total investment should amount to 5 million US dollars. Bata is aiming to open new stores and renew the e-commerce platform
New Global Chief Digital Information Officer at Nike
Effective from today, Ratnakar Lavu will become the company’s first Global Chief Digital Information Officer. He will report to Eric Sprunk, Nike's Chief Operating Officer
Shoe Carnival declares quarterly dividend
The company to pay quarterly cash dividend of 0.085 Us dollars per share, a 6% increase over the prior quarterly cash dividend
Puma to invest 40 million US dollars in Indiana
Puma North America intends to invest 40 million US dollars in a new distribution center in Indiana. A 635 000-square-foot building and the hiring of 90 people should be the key elements of the new facility
Huajian group to invest in Ethiopia
According to the website of the Ethiopian Embassy Brussels, the Chinese-based group will invest 100 million US dollars in shoe manufacturing and coffee processing
Chanel invests in company focused on sustainable materials
The French-based luxury brand has invested in a chemistry firm that's exploring ways silk could replace chemicals used in clothing manufacturing
Genesco names new CFO
The Tennessee-based company appointed Mel Tucker, Senior Vice President of Finance and Chief Financial Officer, effective from the 24th June 2019. Tucker succeeds Mimi E. Vaughn, who recently was promoted to Chief Operating Officer
ABG acquires Sports Illustrated
The New-York based group acquired a media icon as part of its strategy to build a global platform converging sports, culture and entertainment
Neiman Marcus with significant loss
The Texas-headquartered department store group reported falling third quarter revenue. Net loss reached 31.2 million US dollars, a worse result than the 19.9 million US dollars net loss from the previous year
Dick's Sporting Goods consolidates sales
The Pittsburgh-based sporting goods retailer announced results for the first quarter ended on the 4th of May. Net sales for the first quarter of 2019 increased by roughly 1%
Media Partners
Media Partners
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Schuhkurier
SERMA
UNIT Publishing House
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