News
Albania’s exports double digit growth
The country's exports enjoyed double-digit growth in the first five months of this year despite the euro's depreciation (against Albania’s national currency), which negatively impacted the country’s exports, two-thirds of which are destined for Eurozone countries
China to lead growth of luxury goods market
CLIA, the China Leather Industry Association, is quoting a new report from specialist consultancy firm Bain & Company, which is forecasting the personal luxury goods market to grow by 6-8% in 2018
Gucci unveils artlab for leather goods and footwear
Gucci has officially unveiled the Gucci ArtLab, a 37 000-square-meter hub for excellence and innovation. This “laboratory of creativity” is located in Scandicci, near Florence and the historical HQ of the brand in Casellina
Finish Line and JD Sports Fashion complete merger
As a result of the merger, Finish Line has become an indirect wholly-owned subsidiary of JD Sports, a leading European retailer of sports, fashion and outdoor brands, thereby creating a market-leading multi-channel, multi-branded retailer of sports fashion and footwear with expanded global scope
Sónia Patrício, fashion leader
The brand was born within company António de Almeida Lda., originally founded in the seventies in the north of Portugal
Nike refuses to supply Iran for World Cup
Nike won’t be providing cleats for Iran’s national team to abide by US reinstated sanctions on Iran. Seeing footballers compete barefoot for a world title would be a first
Masayuki Ino wins the LVMH prize
The Japanese designer, creator of the streetwear brand Doublet, has been awarded the fifth annual prize for young designers by LVMH
Richemont sells Lancel to Piquadro
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA
Nine West sells footwear and handbag business
Nine West concluded an auction of its Nine West and Bandolino footwear and handbag business. The deal amounting to 340 million US dollars was sealed with Authentic Brands Group
Genesco reports loss in the first quarter
The Nashville-based company has announced results for the first three months of the new fiscal year. Notwithstanding the reported loss in the period, Genesco confirms this is in line with previous expectations
The world’s smallest shoe factory
The UNEEKBOT is not yet in a future where a robot scans the foot and builds a bespoke pair of shoes, but it allows made-to-order sandals in six minutes
Flip Flop Shops sold to Bearpaw
Cherokee Global Brands, a global brand marketing platform that manages a portfolio of fashion and lifestyle brands, announced the sale of Flip Flop Shops, its franchise retail chain, to Bearpaw Holdings, LLC for an undisclosed amount
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