Sneakers
Golden Goose announces new investor
The luxury sneaker company has announced that the Hong Kong-based Blue Pool Capital, founded by Alibaba Group co-founder and chairman Joe Tsai, has acquired a 12% stake in the company
361 Degrees reports e-commerce sales up by 30-35% in the fourth quarter
The China-based activewear company has reported strong fourth quarter figures in its latest trading update. E-commerce sales stand out with 30-35% year-on-year growth
Skechers settles design patent case against L.L. Bean
Skechers and L.L. Bean have settled a lawsuit alleging the latter’s "Freeport" shoes infringed patented heel cup designs, with a court order barring further sales, imports and manufacturing
JD Sports completes acquisition of Courir
The UK-based sportswear retailer has completed the acquisition of France's Groupe Courir, thus strengthening its position in the European market. The deal was first announced in May 2023
Strong first half for Golden Goose
The Italian-based luxury sneaker company has reported a strong first half performance, driven by continued growth in the DTC channel, particularly in EMEA and the Americas regions
New EMEA sales director at Veja
The French sustainable sneaker brand has appointed Anthony Bunn as sales director for Europe, the Middle East and Africa (EMEA). He replaces Artaud Frenoy, who became sales director for Asia
Skechers files patent infringement lawsuit against L.L Bean
The US-based sneaker company claims that the American retailer has illegally used its patented “heel cup” design. Skechers is seeking a jury trial and financial compensation
Asics raises its profit estimates
The Japan-based sportswear company has raised its full-year operating profit guidance by 64% year-over-year on rising demand for its sneakers in the domestic market and abroad
Foot Locker relaunches FLX Rewards programme
As part of its Lace Up Plan, the US-based sportswear retailer has launched an enhanced FLX Rewards programme to transform the shopping experience for customers. A revamped mobile app will also follow
Golden Goose postpones IPO
Permira-backed luxury sneaker company Golden Goose has postponed its IPO due to a climate of political uncertainty in Europe. The shares were due to start trading next Friday
Hoff looks to expand in India
The Spanish sneaker brand has teamed up with the e-commerce giant Myntra to enter the Indian market. This move is part of the company’s international growth strategy
Portuguese Business School and Sanjo launch exclusive sneaker edition
The Institute of Economics and Management (ISEG) and the Portuguese footwear brand Sanjo have teamed up in a groundbreak collaboration to create an exclusive edition of sneakers
Golden Goose valued at up to 1.86 billion euros for IPO
The Italian luxury sneaker company is targeting a market capitalisation of up to 1.86 billion euros in its initial public offering on the Milan stock exchange, below earlier expectations
Ambitious teams up with Michelin Soles
The Portuguese company has teamed up with JV International (Michelin Soles) to create the Venture sneaker. The aim is to set new standards in terms of comfort and performance
Golden Goose to list in Milan in June
The Italian Luxury sneaker brand Golden Goose plans to list on the Milan stock exchange in June, saying it will sell 100 million euros worth of shares to fund expansion and pay down debt-
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