News
Authentic Brands Group appoints Josh Perlman as Executive Vice-President to lead Greater China expansion
Authentic continues to expand its Asian Pacific portfolio with the appointment of Josh Perlman to lead its Greater China strategy. Perlman brings over 25 years of experience in brand development
Kering promotes Stefano Cantino to CEO of Gucci
The French luxury group has announced that Stefano Cantino, who joined Gucci in May 2024 as Deputy CEO, has been promoted to CEO of the brand. He will succeed Jean-François Palus
Mytheresa acquires Yoox Net-a-Porter from Richemont
Richemont will sell Yoox Net-a-Porter (YNAP) to luxury e-commerce platform Mytheresa, ending years of efforts to dispose of YNAP. The transaction is expected to create a leading global multi-brand digital luxury group
Asos to cut 200 head office jobs in major restructuring
Struggling with post-pandemic challenges, the UK-based online fashion retailer plans to cut 200 head office roles as part of a restructuring process to streamline operations and drive innovation
Axel Arigato opens New York flagship store, marking its US debut
Celebrating its 10th anniversary, the Swedish footwear brand Axel Arigato opened its first US store in New York, bringing Scandinavian minimalism and signature designs to the SoHo neighbourhood
Bolflex receives patent for its vulcanization process
After years of study, research and testing, Bolflex, the Portuguese-based company specialising in the manufacture of soles, has successfully patented its vulcanization process
ISPO Munich teams up with Copenhagen International Fashion Fair
ISPO Munich and the Copenhagen International Fashion Fair (CIFF) have joined forces. For the first time, CIFF will be present at ISPO Munich with a partner stand, allowing for a greater fusion of sport and fashion
European leather industry presents evidence against the inclusion of leather in the EUDR
A new study commissioned by COTANCE and UNIC shows that leather does not directly cause deforestation and that its inclusion in the EUDR could lead to job losses, supply chain disruptions and higher emissions
Spain Retail: the future looks brighter for retail
Fashion sales finally picked up in July and August and are back in the green, after a worrying March. The truth is that the prospect of better economic growth and recent falls in inflation and unemployment have reassured Spanish consumers and given them a sense that the future may be brighter. All in all, this has led retailers to stock up in the hope that sales will continue to rise in the coming months. If these factors remain in place, the footwear sector is likely to end the year on a positive note
The EU Commission proposes a one-year delay in the implementation of anti-deforestation law
The European Commission is proposing a one-year delay in the entry into force of the EU Deforestation Regulation (EUDR), responding to calls from several global partners
JD Sports posts first half sales growth
The UK-based sports retailer has reported an organic sales growth of 6.4% in the first half of fiscal 2025, as compared to the same period of last year. Full year outlook remains unchanged
A record-breaking 50th edition for SIMAC Tanning Tech
SIMAC Tanning Tech, the Italian exhibition of machinery and technology for the footwear, leather goods and tanning industries, attracted more than 9,000 visitors at its 50th edition
Authentic closes Champion acquisition deal
Authentic Brands Group (ABG) has announced that it has completed the acquisition of the athleticwear brand Champion, the second-largest acquisition in the company’s history
Creative leadership change at LVMH-backed Celine
After seven years as creative director of Céline, Hedi Slimane has left the brand, marking the latest high-profile departure from a fashion label. LVMH has already named Michael Rider as Slimane's successor
Nike reports weak first quarter ahead of CEO change
The US-based sportswear giant has reported a sharp fall in revenue and profits in the first quarter of its current fiscal year, ahead of the forthcoming CEO change
Puma appoints new Chief Financial Officer
The German-based sportswear company has appointed Markus Neubrand as its Chief Financial Officer (CFO) and a member of the Management Board. Most recently, he was CFO at Guess
Brazilian footwear production grows between January and July
According to the Brazilian Association of Footwear Industries (Abicalçados), footwear production grew by 3.9% between January and July of 2024, compared to the same period last year
Dune Group founder to be a keynote speaker at the launch of Global Footwear Future Coalition
The Global Footwear Future Coalition, which aims to be a forum for the exchange of knowledge between industry stakeholders, will be launched on the 9th of October. Daniel Rubin, Founder and Executive Chairman of The Dune Group, will be the keynote speaker
Portuguese footwear heads to Poland as industry looks to diversify markets
Krakow is the next stop in the international promotion of Portuguese footwear. A showcase of Portuguese brands will take place from the 9th to the 10th of October at Expo Krakow, at the same time as Polshoes
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