Switzerland
Intersport appoints new CEO
The Switzerland-based sporting goods retailer announced that it has appointed Tom Foley as the new Chief Executive Officer, effective from the 1st of July 2025
On moves to single CEO structure
Co-CEO and CFO Martin Hoffmann will assume the sole role of CEO. After 12 years of leadership, the current Co-CEO Marc Maurer has decided to leave On to pursue another opportunity
Swiss sportswear company On delivers strong 2024 results
The Swiss-based sportswear company delivered a strong 2024 performance, with double-digit net sales growth across channels, regions and product segments
Strong third quarter for Richemont
The Swiss-based luxury group has reported a strong third quarter, underpinned by double-digit growth in all regions except Asia, where Mainland China remains the weak spot
Lloyd unveils new brand identity
After changing its name from Lloyd Shoes to Lloyd Lifestyle following its acquisition by Swiss company Arklyz last year, the German footwear company has unveiled its new brand identity
Bata appoints Chief Design Officer
The Swiss-based footwear company has appointed Miguel Esquide as Chief Design Officer. The move signals its commitment to innovation and creativity as it seeks to connect with a modern audience
New CEO appointed to head up AstorMueller
Andreas Wortmann has been appointed as Chief Executive Officer (CEO) of the Swiss shoe manufacturer AstorMueller, the licensee of Bugatti shoes worldwide
Swiss brand On reports better-than-expected third quarter results
The sportswear company has reported record third quarter results, driven by a net sales increase of 33.2% on a constant currency basis year-over-year. On has now adjusted its full year guidance
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
On reports strong first quarter
The sportswear company has reported a strong start to 2024, with a first quarter revenue and net income growth of 20.9% and 106.6%, respectively, as compared to the same period of last year
The Athlete’s Foot reports growth in 2023
The speciality footwear and lifestyle retailer has achieved 593 million US dollars in sales in 2023, an increase of 7% as compared to the previous year, amid a challenging retail landscape
Partnership between Richemont and Farfetch receives antitrust clearance
The European Commission (EC) has “unconditionally” approved Farfetch’s acquisition of a 47.5% stake in Yoox Net-a-Porter. The EC was the last regulatory authority required to give authorisation
Richemont acquires a controlling stake in the Italian shoemaker Gianvito Rossi
The Swiss-based luxury group has announced the acquisition of a controlling stake in the Italian shoemaking Maison Gianvito Rossi. The amount of the transaction was not disclosed
VF Corp to boost EMEA region with expansion of Switzerland HQ
Following the double-digit growth recorded this year, the US-based footwear group announced the intention of expanding its Europe, Middle East and Africa headquarters in Stabio, Switzerland
Bata launches shoe collection made with recycled plastic bottles
The footwear group has introduced the latest collection from its Power brand. Dubbed Love Ocean, it highlights Bata’s concerns about plastic waste polluting the oceans-
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