News
Mytheresa closes the year with strong sales
The German-based luxury e-commerce platform reported net sales increase of 36.1% to 162.4 million euros in the fourth quarter of 2021 and a 36.2% sales jump for the full fiscal year of 2021
US: holiday retail sales likely to increase
According to Deloitte’s annual holiday retail forecast, holiday retail sales are expected to increase between 7% and 9% in 2021. E-commerce sales should grow the most
Crocs aims at 5 billion US dollars sales
The US-based brand of casual footwear has announced its long-term strategy for sustainable and profitable growth. Crocs expects its revenue to increase to more than 5 billion US dollars by 2026
Pakistan exports of footwear and leather are on the rise
According to the Pakistan Bureau of Statistics exports of leather products, tanned leather and footwear increased in the first two months of the new fiscal year
Asos announces new 2030 ESG goals
The online retailer has disclosed its Fashion with Integrity (FWI) 2030 environmental, social and governance programme. It includes a commitment to achieve net-zero carbon emissions across the full-value chain by 2030
Bangladesh: leather industry grows in the first two months of the fiscal year
Although it is too early to spot a trend, in the firts two months of the new fiscal year, the leather industry in Bangladesh has reported growing exports in its categories. Other footwear (no leather) with declining exports
Foot Locker completes acquisition of WSS
The New York-based specialty athletic retailer has completed its acquisition of Eurostar, Inc. (WSS), a US-based athletic footwear and apparel retailer that primarily operates on the West Coast
2021 Lineapelle New York cancelled
The New York edition of the Lineapelle fair has been cancelled due to continuing travel restrictions and the suspension of B1 visas by US authorities
Micam talks about a success edition exceeding expectations
Micam (footwear), Mipel (leather goods and accessories) and The One Milano Special Featured by Micam (the Haut-à-Porter Exhibition) ended after three days
French hides and skins organisation changes name
The French Hides & Skins Association (Syndicat Général des Cuirs et Peaux) has changed its denomination to French Hides & Skins Federation (Fédération Française des Cuirs et Peaux)
AAFA and Kenya Association of Manufacturers together to promote economic growth in the industry
The two entities signed a memorandum of understanding (MOU) to collaborate on policy areas of mutual interest through joint advocacy and information sharing on industry best practices
Hermès opens its 19th leather workshop
The Maroquinerie de Guyenne, located in the village of Saint-Vincent-de-Paul, in the French department of Gironde, will at length create 260 jobs. The new facility is part of Hermès strategy of strengthening its role as a socially responsible company
Lenna: new brand focused on solidarity and sustainability
Three childhood friends joined to launch a business together: a sustainable quality project without resorting to animal products and with a strong solidarity feature. Get to know Lenna
Kering and LVMH announce measures to safeguard biodiversity
The two luxury groups announced new initiatives to support biodiversity at the IUCN World Conservation Congress, held in Marseilles from the 3rd to the 11th of September, recognizing, thus, the luxury’s reliance on the natural world
UNIC, ICEC and WWF partner up for sustainability
The three entities have joined forces to increase sustainability within the leather industry by enhancing environmental, social and governance practices (EGS)
Athleta joins Zalando
The Gap-owned brand of premium women’s performance and lifestyle wear has recently joined the German e-commerce platform Zalando. Athleta’s goal is to intensify its presence in Europe
Etro nominates new CEO
The Italian-based fashion house has announced that Fabrizio Cardinali will take on the role of Chief Executive Officer, effective fourth quarter of 2021. Cardinali is the first CEO appointed under the new owners of Etro, L Catterton
Diane Randolph joins Shoe Carnival's Board of Directors
The retailer of footwear and accessories appointed Diane Randolph to its Board of Directors, effective immediately. The Board will now be composed of 7 directors (5 are independent)
JD Sports raises full-year guidance
The UK-based retail group reported record profit before taxes and exceptional items of 439.5 million British pounds (515.1 million euros) in the first half of the fiscal year ended on the 31st of July. The figure registered is above pre-pandemic levels
Sales rebound at Genesco
The Nashville-based footwear group has announced the results for the second fiscal quarter ended on 31st of July 2022.Sales at Genesco increased by 42% from similar quarter last year, which generated revenue of 555 million US dollars
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