Companies
Dass Group closes footwear factory in Argentina, lays off 150 workers
After nearly two decades, the Brazilian footwear manufacturer has ended production at its Eldorado plant in Argentina, citing deteriorating market conditions and a loss of competitiveness
Hugo Boss advises shareholders to reject Frasers’ takeover bid
The managing and supervisory boards of Hugo Boss have asked shareholders to reject the offer from the Frasers Group because it is too low and does not reflect the brand’s current and future potential
Burberry formalises partnership with Leeds Beckett University
The British luxury group has formalised its partnership with Leeds Beckett University and its BA Fashion Design course to demonstrate its commitment to nurturing emerging talent
Former Allbirds CEO is the new President of Sorel
Sorel, the outdoor brand owned by Columbia Sportswear, has announced the appointment of Joe Vernachio as its new president. He joins the brand from Allbirds
Portuguese footwear takes centre stage at Milan Fashion Week
The London-based designer Saul Nash has joined TOWORKFOR to reinterpret the boat shoe, combining technical and luxury elements. This was presented at Milan Fashion Week
Clarks to accelerate European retail expansion
Following the opening of a new store in Italy, the UK-based footwear brand announced plans to open between 15 and 20 new stores across Europe this year
Primark reports sales growth in the third quarter despite retail headwinds
The UK-based fashion retailer has reported a 4% increase in third-quarter revenue, supported by new stores, despite weaker consumer demand across several key markets
Genesco appoints Jonathan Collins as Chief Financial Officer
Following a thorough search, the US-based footwear retailer appointed Jonathan Collins as its Chief Financial Officer. He served in the same position at America’s Car-Mart in the last year
Nike’s fourth-quarter profit surges on tariff recovery
The US-based sportswear company reported a net income increase of more than four times in the fourth quarter, following the expected recovery in US tariffs. However, revenue slipped by 1%
HSG completes acquisition of majority stake in Golden Goose
HSG has completed its acquisition of a majority stake in Golden Goose, with Temasek and True Light Capital investing as minority shareholders. Permira will also remain a strategic minority investor
Accent Group rejects Frasers' takeover bid
The independent board committee of the Australian sports footwear retailer has urged shareholders to reject a takeover offer from Frasers Group, describing the bid as highly opportunistic
H&M improves profitability in the second quarter despite flat sales
The Sweden-based fashion retailer reported that sales remained broadly unchanged in local currencies in the second quarter, while improved margins and lower costs helped to increase profitability
Dr. Martens CEO signals confidence with share purchase
Ije Nwokorie's purchase of 112,500 shares follows Dr. Martens’ return to profit growth in FY26, signalling confidence as the British footwear company prepares to move from stabilisation to scaling
Marius Wirtz named CEO of OrthoLite
The leadership change will see Glenn Barrett move to a senior advisory role at Coats, while Marius Wirtz takes charge from Hong Kong, bringing materials and speciality chemicals experience
Amir Pourirani from BASF Performance Materials: the industry is moving to a system-design mindset
In today’s interview, we spoke to Amir Pourirani, Marketing Director of TPU for Asia Pacific at BASF Performance Materials division. We talked about how early-stage collaboration between material suppliers can unlock multiple benefits, among other topics
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