Companies
By the Book: more than a backpack, a concept
An idea materialized in a piece and one clear goal: to make a difference by giving meaning to an object. And in this way, By the Book was born, a new brand of accessories that promises to make a difference in the market
Dr. Martens could launch IPO soon
The British-based footwear brand known for its iconic boots has reportedly appointed Goldman Sachs and Morgan Stanley to lead its initial public offering (IPO)
J.Crew Group appoints Libby Wadle as Chief Executive Officer
In her new functions Libby Wadle will oversee J.Crew and J.Crew Factory in addition to her current leadership responsibilities at Madewell. Jan Singer, who was previously J.Crew Group's CEO, is pursuing other endeavours
Dick's Sporting Goods announces planned leadership succession
The Pittsburgh-headquartered sporting goods retailer announced that Edward W. Stack, Chairman and Chief Executive Officer, will assume the role of Executive Chairman and continue as Chief Merchant, from the 1st of February onwards
Nordstrom: digital sales account for 54% of total business
The company has announced third quarter results marked by declining net sales from last year. The expansion of some online services might have driven digital business, which now accounts for 54% of total
Foot Locker: third quarter marked by sales growth
Third quarter comparable-store sales increased by 7.7% and total sales were up by 9.0% in the same period. Notwithstanding the good performance in the last quarter, year-to-date total sales and comparable-store sales are still down
Most profitable quarter reported by Shoe Carnival
Shoe Carnival reported net sales of 274.6 million US dollars for the third quarter. Net income was 14.7 million US dollars, 7% up from similar period in 2019. These resulted in the most profitable quarter in Shoe Carnival’s history
adidas talks about strong recovery despite sales plunge
The Germany-based sportswear giant said the third quarter was marked by a strong recovery of the business. In the period under analysis, revenue decreased by 3% in currency-neutral terms. In euro terms, revenue decreased by 7%
Zouri produces shoes with apple waste
The brand of sneakers known for using plastic trash collected from the ocean in its productive process is now using apple waste in its products
The second life of Mariano
Not even the pandemic was an obstacle for Mariano Shoes. With 75 years of existence, the Portuguese-based footwear company wants to internationalize the brand through the online channel and with a focus on the women's segment
Eurazeo Brands buys Axel Arigato for 56 million euros
The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson
Burberry with growth in leather goods category
The UK-based luxury brand has announced a decline of 31% in revenue for the first semester of the current fiscal year. Despite that, Burberry is pleased with the year-on-year growth registered in the leather goods category
H&M Group names Leyla Ertur as new Head of Sustainability
From the 1st of January 2021 onwards, Leyla will take over from Anna Gedda who has led the company’s sustainability initiatives since 2014 and who will take on a new role as Head of Steering and Strategic Planning at H&M Group
Deckers targets 100% LWG leather by 2022
The US-based footwear group has announced its commitment to source all of its leather from Leather Working Group-rated tanneries by 2022. Deckers currently sources roughly 97% of its leather from there
China’s Singles Day: Nike reaches record sales in just 60 seconds
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) markMedia Partners
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