Brands
Brazil: e-commerce represents 30% of the sales of the footwear industry
The statement comes from the Brazilian Footwear Industries Association (Abicalçados) and is the reflection of an increase in online sales, which was fuelled by the pandemic and the subsequent lockdowns
Burberry appoints Daniel Lee as new Chief Creative Officer
Daniel will join Burberry on the 3rd of October 2022. He will be based at Burberry’s headquarters in London and report to Chief Executive Officer, Jonathan Akeroyd
Swiss On presents first-ever carbon emission shoe
In collaboration with LanzaTech, Borealis, and Technip Energies, the sportswear brand created the Cloudprime sneaker using carbon emissions as a raw material to reduce the brand's carbon footprint
Havaianas and MARKET team up on thermos-reactive flip-flops
The Brazilian brand, known for its flip-flops, and the Los Angeles-based streetwear label co-created an exclusive capsule collection that features the very first thermos-reactive sandals
Tod's exceeds pre-pandemic levels
The Italian-based luxury group, whose revenue in the first half of 2022 grew by 17.4% year-over-year to 467.5 million euros, reported having "returned to values higher than those of 2019"
Birkenstock invests 110 million euros in new shoe factory
The German brand revealed that the investment of around 110 million euros in the new site in Pasewalk, Northeast Germany, is "by far" the largest individual one in the company's history
EuroShoes@CPM closes with record attendance
The leading event of the Russian fashion industry, held from the 30th of August to the 2nd of September at the Expocentre Fairgrounds in Moscow, received about 18 500 people
Todd Krinsky is Reebok's new CEO
Authentic Brands Group, the owner of Reebok, has named Todd Krinsky to the role of CEO. He succeeds Matt O'Toole, who led the sportswear brand for over 15 years and will join ABG in January 2023
Louis Vuitton launches sustainable sneaker
The French luxury Maison, owned by LVMH, released a new unisex version of the LV trainer made from 90% recycled and organic materials, designed by its late creative director Virgil Abloh
Tod's founding family launches bid to delist the company
The Della Valle family said their holding company would pay 40 euros per share to delist the company from the Milan-based stock exchange. The goal is to strengthen the underperforming luxury group
Capri off to a good start
The fashion luxury group, owner of Versace, Jimmy Choo and Michael Kors, reported a 1.36 billion US dollars revenue in the first quarter of fiscal 2023, driven by strong momentum across its brands
Owner of Havaianas posts a profit decline in the second quarter
The Brazilian Alpargatas announced its second quarter results for 2022. While Havaianas performed well at home, it posted difficulties internationally, especially in the US and China
Timberland unveils first sustainable collaboration with CLOT
The US-based casualwear brand and the Hong Kongese streetwear label have joined forces to create an Eastern culture-inspired capsule that uses only eco-innovative materials
Columbia Sportswear lowers full year outlook
Despite a revenue growth in the first half of the year, the US-based sportswear company has decided to cut its full year outlook based on a growing economic uncertainty environment-
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