World Footwear

Switzerland

Changes to the Board of Directors of Richemont

Aug 13, 2021 / Switzerland
In advance to its upcoming annual general meeting due to be held on the 8th of September 2021, Richemont has announced changes to its Board of Directors

Intersport sells The Athlete’s Foot to Arklyz Group

Jul 7, 2021 / Switzerland
Intersport International Corporation (IIC) agreed on a deal to sell 100 percent of The Athlete’s Foot retail & e-commerce network to Arklyz Group AG, owner of Intersocks

Richemont acquires Delvaux

Jul 5, 2021 / Switzerland
The Switzerland-based luxury goods holding company announced it has acquired 100% of Delvaux, the renowned Belgian luxury leather goods Maison, in a private transaction

Richemont: profits rise despite falling sales

Jun 22, 2021 / Switzerland
Despite a still uncertain economic scenario, luxury giant Richemont managed to register net profit rising by almost 40% in the fiscal year ending at the end of March 2021

Bata Shoe appoints Sandeep Kataria as New CEO

Dec 16, 2020 / Switzerland
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

Nov 18, 2020 / World
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%

Jul 16, 2020 / Switzerland
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

May 18, 2020 / Switzerland
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

May 11, 2020 / Canada
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

Jun 24, 2019 / Switzerland
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

Jun 12, 2019 / Singapore
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

May 29, 2019 / Switzerland
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

Jun 13, 2018 / Switzerland
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

Jun 6, 2018 / Switzerland
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

May 24, 2016 / Switzerland
The French luxury footwear and fashion designer lost the exclusive rights over its distinctive red sole in a lawsuit
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