Hints and tips:
...Sales slid at the apparel and shoemakers it owns, which includes Fruit of the Loom, and its real estate-related businesses which continued to struggle with lower demand given high mortgage rates....
...In addition to Instacart’s Nasdaq debut, digital marketing group Klaviyo is due to price its NYSE IPO this week, raising about $500mn, while German shoemaker Birkenstock is expected to float up to $1bn of...
...German shoemaker Birkenstock’s IPO, meanwhile, could be valued above $8bn — unlocking a big return for its owner L Catterton, the private equity firm backed by French luxury fashion house LVMH....
...Allbirds, the self-styled ethical shoemaker that recently announced plans to launch the first “sustainable initial public offering”, has walked back some of the ESG commitments it made ahead of its planned...
...When Michigan-based cousins Edward Knabusch and Edwin Shoemaker founded The Floral City Furniture Company in 1927, relaxation didn’t have such a bad rep....
...Most of these — including eco-friendly shoemaker Allbirds and Warby Parker, purveyor of hipster eyewear — remain lossmaking....
...Sustainable shoemaker Allbirds said on Tuesday that it had filed for a public listing in the US as it seeks to capitalise on demand for fashion brands with environmental credentials....
...By comparison, the Global Explorer promises to be able to assess the effects and risks of the same material, such as wool, across different regions, says Hana Kajimura, sustainability manager at shoemaker...
...New chapters at Burberry, Ferragamo and Bottega Veneta The pandemic has been challenging for independent brands, and 2022 will see the installation of former Burberry chief executive Marco Gobbetti at shoemaker...
...It ploughed funds into shoemaker to the stars Christian Louboutin earlier this year and also took a controlling stake in Shang Xia, a label set up by a Chinese designer and France’s Hermes....
...Atmos, which began as a retailer of vintage shoes before becoming directly involved in collaboration with shoemakers, has outsized sway with sports shoe aficionados around the world....
...Additional reporting by Cheng Ting-Fang A version of this article was first published by Nikkei Asia on August 19 2021. ©2021 Nikkei Inc. All rights reserved....
...The Tod’s group had already been battling declining sales for four years prior to Covid-19, and president and chief executive Diego Della Valle said he would be open to selling the Italian luxury shoemaker...
...Should the Vaporfly Next% be deemed illegal, it would provide some relief for Asics and fellow Japanese shoemaker Mizuno, which have come under growing pressure from the US sportswear giant....
...Sales at its luxury shoemaker Stuart Weitzman rose 2 per cent to $85m....
...Stuart Weitzman, the luxury shoemaker that Tapestry bought for more than half a billion dollars in 2015, saw modest improvements....
...The recent passing of Wanda Ferragamo, matriarch of Italian luxury shoemaker Salvatore Ferragamo, sent shares of the company higher as investors saw a chance for her descendants to sell....
...Tapestry — which also counts Coach, known for its handbags and leatherwoods, and shoemaker Stuart Weitzman in its stable of brands — completed the $2.4bn acquisition of Kate Spade in July 2017....
...At the same time, JAB has also unwound its luxury investments by selling shoemaker Jimmy Choo, clothing brand Belstaff, and Swiss brand Bally, in which it retains a minority stake....
...Stuart Weitzman, the luxury shoemaker that Tapestry bought for more than half a billion dollars in 2015, also struggled....
...Shares in the Colorado-based shoemaker surged more than 17 per cent to hit a more than 2-year high of $12.61 on Friday after analyst Jim Duffy upgraded his rating on the stock from a hold to a buy, citing...
...He struck his first major deal in 2015 when Coach beat competition from rival retailers to acquire women’s luxury shoemaker Stuart Weitzman for $574m to bolster its footwear offering....
...And although Kate is four times the size of shoemaker Stuart Weitzman, which Coach acquired in 2015, it should be digestible for a company whose equity market value is $12bn....
...Since these voting positions were adopted, a number of UK-listed companies, including Glencore, the mining company, Jimmy Choo, the luxury shoemaker, and JD Sports, the retailer, have appointed female board...
International Edition