Switzerland
Bata Shoe appoints Sandeep Kataria as New CEO
The Bata Shoe Organisation announced the appointment of Sandeep Kataria as CEO, who has served as CEO of Bata India since 2017, and takes over the global CEO role from Alexis Nasard, who has stepped down to assume a professional opportunity outside the organisation
The world’s most expensive cities
Paris and Zurich re-join Hong Kong at the top of the latest ranking of the world's most expensive cities, according to the latest information by The Economist
Richemont: quarter sales down by 47%
During the quarter under review, the group’s trading and operations were strongly impacted by Covid-19 and sales contracted significantly across all regions, channels and business areas, notwithstanding a 49% increase in China
Richemont with two-digit sales drop
The luxury group closed the financial year with a 2% growth in sales, but the last quarter (ended 31st March 2020) was heavily impacted by Covid-19
Aldo asks for creditors' protection
The Canada-based group, created in 1972, requested a creditors' agreement at the Quebec Superior Court. The same procedure was initiated in the United States and Switzerland might follow
You have to get the priorities right
Watch the interview to learn a bit more about the current trends of the footwear industry according to the views of Thomas G Bata, from the Bata Group
Singapore: most competitive economy
Singapore has ranked as the world’s most competitive economy for the first time since 2010, according to the IMD World Competitiveness Rankings, as the United States slipped from the top spot and economic uncertainty took its toll on conditions in Europe
Kering to relocate Swiss logistic activities
After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy
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
Richemont appoints Eric Vallat as Head of Fashion & Accessories
The Swiss-based luxury goods group announced the appointment of Mr Eric Vallat to the newly created role of Head of Fashion & Accessories Maisons. He has joined the Group’s Senior Executive Committee, effective since the 1st of June 2018
Louboutin loses battle for red protection in Switzerland
The French luxury footwear and fashion designer lost the exclusive rights over its distinctive red sole in a lawsuit
Bata repositions business in Switzerland
Bata’s Switzerland unit is closing the remaining 29 stores in the country as part of its ongoing restructuring strategy
Karl Vögele sells Austrian stores
The Swiss-based shoe retailer is refocusing its business model by concentrating in its 300 stores in the domestic market. An agreement to sell its 70 stores in Austria to Germany-based investment company, Lafayette Industrieholding was reached
Timberland consolidates expansion in Europe
US-based lifestyle brand Timberland consolidates its expansion in Germany, Austria and Switzerland with a total of five new franchise stores
Shoe exhibition reveals three thousand years of footwear history
The Spielzeug Welten Museum Basel in Switzerland has gathered more than 220 pairs of shoes to highlight footwear fashion over 3 000 years- 1
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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