All Lifestyle products articles – Page 7
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ArticleWolverine sells Hush Puppies IP in China, divests US leather business
Wolverine World Wide, Inc. announced additional steps in the ongoing streamlining of its brand portfolio, including the sale of Hush Puppies intellectual property in China, Hong Kong and Macau, and the sale of its US Wolverine Leathers business. The portfolio transformation is expected to help the company become more efficient, ...
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News briefsHugo Boss enters the equestrian apparel market
Source: Hugo Boss Fashion brand Hugo Boss is expanding its portfolio with Boss Equestrian, an apparel line that will launch in autumn/winter 2023. The collection will be designed, produced, and distributed by Bold Equestrian, a Switzerland-based company with product development facilities in Stuttgart (Germany). Initially available in ...
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News briefsLacoste to open pop-up in London on its 90th birthday
French brand Lacoste is opening a vintage pop-up space in Shoreditch, London, as part of its 90th anniversary celebrations. The space, open on Sept. 14-26 at the Truman Brewery, will showcase more than 400 vintage pieces. The offering is sourced and curated in partnership with vintage resale expert Wavey Garms ...
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ArticleLululemon raises FY outlook; will aim to accelerate its unaided brand awareness
Lululemon, with so many aspects of its balanced approach moving ahead positively, wants to grow its unaided consumer brand awareness around the globe. The company, while keeping its marketing spend “relatively stable,” intends to make further brand investments in H2 that will focus on digital media, in-store and targeted television ...
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News briefsCrocs hires senior research analyst to oversee strategic growth initiatives
Source: Crocs Erinn Murphy Crocs has hired Erinn Murphy as Senior Vice President, Investor Relations and Corporate Strategy. She will join the company’s leadership team effective Sept. 5, reporting directly to Crocs, Inc. Executive Vice President and Chief Financial Officer Anne Mehlman. Murphy joins the company from ...
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News briefsFormer Nike exec to head Fanatics’ Mitchell & Ness
Source: Fanatics Eli Kumekpor Mitchell & Ness, the vintage and lifestyle sportswear brand acquired by Fanatics in 2022 along with a strategic ownership group comprised of some of the most prominent names in sports, entertainment and business, including Jay-Z, Maverick Carter, the D’Amelio family and others, has ...
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News briefsNikwax partners with 686
California-based outdoor, leisure and snowsports brand 686, founded in 1992 by skateboarder, snowboarder and visionary Michael Akira, and Nikwax, the Washington-based manufacturer of technical cleaners and waterproofers for outdoor gear and apparel founded in 1977, have teamed up to reduce waste and keep 686’s gear performing at its best over ...
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ArticleBaozun acquires intellectual property rights to Hunter for China, Southeast Asia distribution
Authentic Brands Group (Authentic) has announced a partnership with Baozun Inc. for the British heritage brand Hunter, famous for its iconic Wellington boots. Through Authentic’s newly formed subsidiary ABG Hunter LLC, Baozun and Authentic are entering into a joint venture for the brand in Greater China and Southeast Asia, under ...
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News briefsLacoste launches first line of women’s underwear
French brand Lacoste has introduced its first line of women’s underwear at the intersection of fashion and sport. The brand launched its first underwear for men back in 1966. The new women’s line comprises four capsules in four styles, dubbed Heritage, Branding, Essential, and Signature. All the 50 pieces in ...
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News briefsSkechers is suing Laforst Shoes for allegedly copying its slip-in shoe design
Skechers has filed a patent infringement lawsuit accusing California-based Laforst Shoes of copying its slip-in shoe design. Specifically, Skechers is accusing Laforst of infringing on five patents related to its slip-in, hands-free sneakers. The lawsuit was filed on Aug. 17 in the central district of California. In June, Skechers filed ...
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News briefsIn-Sport Fashions signs distribution agreement with Allbirds for the Canadian market
Québec-based In-Sport Fashions, a Canadian distributor of specialized lifestyle, sports and outdoor products, entered an exclusive partnership with the sustainable footwear brand Allbirds. Effective Sept. 15, 2023, In-Sport Fashions assumes distribution of Allbirds products across all Canadian distribution channels: retail, allbirds.ca and wholesale partner openings. Under this new distribution agreement, ...
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ArticleAnta Sports gets H1 sales lift from all segments, brands
Anta Sports Products Ltd. achieved a 32 percent increase in H1 operating profit to 7,623 million yuan renminbi (€1.02bn) for the six months ended June 30. Gross margin improved by 130 basis points to 63.3 percent from 62.0 percent, while profit attributable to shareholders increased by 40 percent to RMB ...
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News briefsVF appoints Chief People Officer
Source: VF Corp Brent Hyder, Chief People Officer VF Corp. has named Brent Hyder Chief People Officer (CPO), effective Sept. 5. Hyder will report to President and CEO Bracken Darrell and will be a member of the company’s leadership team. He succeeds Anita Graham, who departed to ...
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ArticleCosmetics company Coty renews long-term licensing partnership with Adidas
Coty Inc. announced that it has renewed its long-term licensing agreement with Adidas. Founded in Paris in 1904 and now headquartered in the Big Apple and traded on the New York Stock Exchange, Coty is one of the world’s largest cosmetics companies with a portfolio of iconic brands in fragrance, ...
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ArticleBjörn Borg reports strong growth in e-commerce
While Björn Borg’s consolidated net sales were 165.6 million Swedish kronor (€13.9m) in Q2 2023 compared to SEK 161.5 million (€13.5m) in the same period last year (+3 percent), net sales decreased by 2 percent in constant currency, which can be explained by lower sales in stores due to store ...
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ArticleKYX is back – as a platform for secondhand sneakers
Rising from the ashes of the sneaker subscription platform KYX World, which disappeared at the end of 2022, KYX Sneakers has reinvented itself as a platform for the resale of secondhand sneakers. The platform is launching with over 2,000 used sneakers priced between $50 and $2,000 a pair. KYX Sneakers ...
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News briefsCrocs refinances $1.18 billion debt and lowers borrowing rate
Crocs repriced $1.18 billion in debt under its Term Loan B facility through a refinancing amendment. The move has lowered the facility’s borrowing rate by 0.50 percent. “I am very pleased with the outcome of this refinancing transaction. We successfully achieved a 0.50 percent reduction in our Term Loan B ...
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News briefsSkechers Partners launches Visual Artist Series with first artist collab
Source: Skechers Skechers x Jen Stark To kick off its new Visual Artist Series, Skechers has teamed up with Los Angeles-based artist, muralist and designer Jen Stark to reinterpret some of its most popular styles. Through 2024, the series will spotlight the different designs of various artists ...
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ArticleFarfetch reports Q2 loss, small revenue drop
Farfetch Limited reported an adjusted Ebitda loss of $30.6 million and a 1.3 percent drop in revenues to $572.1 million for Q2 ended June 30. The net loss at the internet platform for luxury goods was $281.3 million against a profit of $67.7 million. Gross merchandise value (GMV) inched 1.2 ...
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ArticleAlpargatas still plagued by inefficiencies, high inventory levels
The Brazilian parent of flip-flop sandal brand Havaianas and the Rothy footwear brand continues to be challenged by high inventory levels in the South American market and inefficiencies in its overall operation that are impacting sales, margins, and profitability. Alpargatas reported a 53.1 million Brazilian reais (€9.9m) consolidated net ...
