Sneakers
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
Skechers starts 2024 on a positive note
The US-based footwear company has posted a better-than-expected performance in the first quarter, with sales up by 12.5% on the same period of last year to 2.25 billion US dollars
Golden Goose welcomes Bizzarri to the board at a time of strong momentum
Former Gucci president and CEO Marco Bizzarri joins the board of the Italian luxury sneaker company as sales continue to grow, driven by strong performance across all regions
Golden Goose posts double-digit growth
Ahead of its initial public offering (IPO), the Italian-based luxury brand, known for its Superstar sneakers and distressed styles, has posted an 18% year-on-year net sales growth in 2023
Hoff partners with Newmark Retail to fuel European expansion
The Spanish footwear brand has appointed the strategic retail property advisor Newmark Retail UK & EMEA to support its national and international retail growth strategy
adidas continues the release of Yeezy existing products
The German-based sportswear company has announced a further release of Yeezy inventory with a range of existing products to be made available globally in phases over the coming weeks
Lululemon strengthens creative team
The apparel performance company has appointed Jonathan Cheung as Global Creative Director. JJ Colier has also joined the design team as the first Vice President of Design for Outerwear-
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