World Footwear

Companies

Solid growth for Stella

Jul 23, 2021 / China
Unaudited consolidated revenue increased by approximately 58.1% to 392.1 million US dollars for the three months ended on the 30th of June 2021 and increased by 36.1% to 695.5 million US dollars for the six months ended on the same day

Richard Teyssier is Puma's new General Manager for Europe

Jul 23, 2021 / Germany
Sports giant Puma has appointed Richard Teyssier as General Manager Europe, effective from the 1st of September 2021 onwards. In this role, Richard succeeds Arne Freundt, who was appointed as Puma’s Chief Commercial Officer in June

Ferragamo's revenue up by 44.1%

Jul 22, 2021 / Italy
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity

Nordstrom with new Chief Human Resources Officer

Jul 22, 2021 / United States
The fashion retailer announced Farrell Redwine as its new Chief Human Resources Officer. She will join the executive team and report to Nordstrom CEO Erik Nordstrom

Crocs commits to becoming a Net Zero company by 2030

Jul 21, 2021 / United States
The US-based brand known for its casual clogs says it will address the entire value chain with a strategic focus on sustainable ingredients, packaging, product afterlife and resource use

Puma sales reach 1.6 billion euros in Q2

Jul 20, 2021 / Germany
The Germany-based sportswear giant has announced currency-adjusted sales in the second quarter of 2021 increasing by 96% to 1 589 million euros. This compares to 831 million euros in similar period in 2020

LVMH to buy majority stake in Off-White

Jul 20, 2021 / France
The international luxury group announced the acquisition of 60% of shares of Off-White LLC, owner of the Off-White brand

Zouri and O'Neill are teaming up

Jul 19, 2021 / Portugal
The North American brand joins the Portuguese brand to create a line of shoes with 12 unique models, which contain marine waste collected from Portuguese beaches

L Catterton acquires majority stake in Italian-based Etro

Jul 19, 2021 / Italy
Under the agreement, L Catterton Europe will acquire a majority stake in the company, while the Etro family will retain a significant minority. Founder Gerolamo Etro will be appointed as Chairman

Administrators appointed to liquidate Arcadia Group

Jul 16, 2021 / United Kingdom
Auditing firm Mazars has been appointed as liquidator to oversee the process. They will focus on what remains of Sir Philip Green’s collapsed Arcadia Group empire

CCC is backing out of Austria

Jul 15, 2021 / Austria
Polish-based footwear company CCC is withdrawing from the Austrian market and Pepco will take over 29 of CCC Austria’s 46 stores. Decision takes effect by the end of September

Pou Chen suspends production at Vietnam plant

Jul 15, 2021 / Vietnam
One of Nike and Adidas most well-known suppliers of footwear, suspended operations at its plant in Ho Chi Minh City on Wednesday as a strong wave of COVID-19 hits the city

New study points out the potential of the Nigerian leather industry

Jul 14, 2021 / Nigeria
The African country leather industry can generate over 1 billion US dollars in revenue by 2025, according to a study by the Nigerian Economic Summit Group (NESG)

JD Sports announces directorship change

Jul 13, 2021 / United Kingdom
The UK-based company has announced that Martin Davies, Senior Independent Non-Executive Director has informed the Board of his intention to step down from the Board and as Chair of the Audit Committee with immediate effect

Capri raises fiscal 2022 guidance

Jul 12, 2021 / United States
The global fashion luxury group is raising its guidance for Fiscal 2022 revenue and adjusted earnings per share. This information and a broader view of Capri's vision, growth strategies and long-term outlook, was shared at the Company's Virtual Investor Day
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