All articles by Wolfgang Greiner – Page 26
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ArticleGentle upswing for consumer sentiment in Germany
Consumer sentiment in Germany remains on the upswing at the beginning of the new year. The index is up for the third month in a row, according to the latest consumer barometer of the German Retail Association (HDE). In particular, the recently more optimistic economic outlook appears to be contributing ...
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ArticleRobby Naish has sold his company
Netherlands-based Kubus Sports, a distribution platform founded in 1970 for high-end sporting goods brands covering various niche sports, has acquired Nalu Kai Incorporated, the Maui-based operating company of the Naish brand, and its subsidiary Pacific Board Sports, Naish’s U.S. distributor. Naish is the well-known Maui-based company of ...
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ArticleRe:store acquires fashion and lifestyle marketplace Trouva
Trouva, a London-based online marketplace focused on showcasing independent boutiques and brands focused on homewares, fashion and lifestyle, has been acquired by Cambridge-based startup Re:store from its previous owner, the clothing brand Next. Terms of the deal were not disclosed. In its press release, Trouva states that Re:store’s goal with ...
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ArticleAbsolute Teamsport continues to expand
After 17 more stores joined Sport 2000’s premium concept for teamsport specialists in 2022 (bringing the current total in Europe to 23 Absolute Teamsport stores in 6 countries), the pace of expansion is set to continue in the new year: Sport 2000 says it plans to have 35 stores under ...
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ArticleSnap and Amazon Fashion collaborate on seamless AR shopping experience, starting with eyewear
Source: www.snapchat.com Venice, California-based U.S. technology and social media company Snap and Amazon Fashion are collaborating to bring new Virtual Try-On (VTO) experiences to Snapchat users and extend augmented reality (AR) to both brands and customers. The new Snapchat try-on lenses include thousands of Amazon Fashion’s Virtual ...
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ArticleSwedish e-tailer Ridestore nears SEK 1 billion in sales
According to an article on ehandel.se, Swedish e-tailer Ridestore reported sales of just over SEK 1 billion (€90.8m) in its latest financial statements for 2021/2022, including currency exchange gains. Excluding, earnings were SEK 975 million (€87.6m), solid growth from SEK 600 million (€53.9m) the previous year. The privately held company ...
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ArticleTextile Exchange evaluates COP15 cautiously positive
At the conclusion of COP15 in Montréal, Canada, world leaders adopted the Global Biodiversity Framework (GBF). Liesl Truscott, director of industry accountability and insights at Textile Exchange, assesses the agreement for the fashion, textile and apparel industries in a statement on the Textile Exchange website. Textile Exchange sees the COP15 ...
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ArticleUnder Armour appoints new president and CEO from Marriott
Source: Under Armour Stephanie Linnartz Under Armour (UA) announced that Stephanie Linnartz will join the company as president, chief executive officer and member of the board of directors, effective Feb. 27, 2023. The company said the appointment follows a “thorough and deliberate search led by a committee ...
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ArticleGaleria in distress: Union calls for investment, not insolvency
For the second time in two years, majority investor René Benko – the young Austrian entrepreneur controlling the Signa Holding, which holds 100 percent of the shares in Galeria Kaufhof since June 2019 – has filed for protective insolvency proceedings for his Galeria Karstadt Kaufhof (GKK) department store chain. ...
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ArticleSkechers opens flagship store in Ireland
Source: Business Wire Skechers opens its first flagship store on Grafton Street, expanding the company’s presence in Ireland Skechers has opened a flagship store on Dublin’s Grafton Street. In addition to the Henry Street concept store and four other retail outlets in the greater Dublin area, the ...
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ArticleCompanies call on European Commission to revise REACH regulation
22 global companies have called on the president of the European Commission to reverse the decision to postpone the revision of REACH to Q4 2023.
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ArticleDesigner Brands acquires Topo Athletic
Designer Brands Inc. announced the acquisition of Topo Athletic, expanding its reach into the performance athletic and outdoor footwear categories.
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ArticleFormer head of Yeezy-Adidas innovation lab launches FCTRY LAb with $6 million fundraising
Former Yeezy-Adidas Innovation Lab head Omar Bailey and Abhishek Som, a former Wall Street and private equity executive, have co-founded FCTRY LAb, a BIPOC-led, Los Angeles-based footwear prototyping lab and venture studio that aims “to democratize sneaker production and open-source innovation for emerging and established designers and brands of all ...
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ArticleeBay U.K. partners with ACS to make second-hand items easier to access
eBay U.K. has announced a new partnership with the textile fulfillment company Advanced Clothing Solutions (ACS). U.K.-based ACS – now B Corp-certified – is an expert in reselling, cleaning and repairing garments to expand the online marketplace’s second-hand offering and reduce waste in the fashion industry. The announcement comes on ...
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ArticleZalando reappoints Schröder as COO, Freeman to leave company
Zalando’s supervisory board has reappointed David Schröder as chief operating officer. According to the company, he will continue to expand Zalando’s European multi-channel logistics network and develop new growth opportunities, such as helping partners increase their direct-to-consumer business across various channels. Chief business and product officer Jim Freeman is leaving ...
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ArticleThe U.K. is facing a year-long economic recession
The U.K.’s gross domestic product is likely to contract by 0.4 percent in 2023. The country is estimated to have entered into an economic recession in the third quarter of 2022 that will last until the end of next year, according to the Confederation of British Industry (CBI). The CBI ...
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ArticleRendle steps down as CEO, VF revises FY23 outlook
Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...
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ArticleFoot Locker continues to restructure its management
With Mary Dillion recently having taken over as CEO, Foot Locker, Inc. has appointed a new EVP/CCO from within its ranks and hired a new COO to help grow the company and improve operational efficiencies. The New York-based sports retailer also announced, among a few other executive changes, that their ...
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ArticleWoolmark announces winners of the Performance Challenge Award 2022
At ISPO Munich 2022, The Woolmark Company and Salomon announced the winners, as well as the ten most innovative finalist concepts, for the 2022 Woolmark Performance Challenge, a well-known innovation and ideas program for the sports and performance market. This year’s theme was long-distance mountain running. Students were asked ...
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ArticleRossignol Group plans significantly more revenue, new ESG commitments, novel four-season approach
Source: Rossignol Group Vincent Wauters Under the leadership of Vincent Wauters, president and CEO, who took over the reins of the group in February 2021, the Rossignol Group has announced a new strategic plan called Ascension 2026, according to which the group aims to achieve sales of ...
