荐Two Ten Footwear Foundation appoints new Board Chair and Vice Chair
The US-based charitable foundation has appointed Jonathan Frankel, President of Aldo Product Services, as Board Chair, while Ed Rosenfeld, Chairman and CEO of Steve Madden, now serves as Board Vice Chair
荐Saks Global names new CEO as bankruptcy filing looms
The parent company of Saks Fifth Avenue has announced that Richard Baker will now take the helm, while retaining his role as Chairman. This statement comes after accounts of potential preparations for bankruptcy
荐LVMH acquires Les Editions Croque Futur
The France-based luxury conglomerate has announced its acquisition of the French publishing house Les ditions Croque Futur, owner of the publications Challenges, Sciences & Avenir and La Recherche
荐Kering to acquire Raselli Franco Group in staged deal
The France-based luxury group has announced a staged acquisition of jewellery maker Raselli Franco Group. The deal will begin with the purchase of a 20% stake in the first quarter
荐Inditex delivers solid growth in Q3 2025
Spanish fashion retailer Inditex reported a robust operating performance over the first nine months of 2025, underpinned by the strength of its integrated business model, creative teams and broad geographic and channel diversification.
荐Prada turns Kolhapuri controversy into artisan partnership
The Italy-based luxury group is collaborating with Indian artisans on a limited-edition sandal collection inspired by the country’s traditional footwear, aiming to turn cultural appropriation backlash into a positive partnership
荐Arklyz closes deal to acquire Gabor Shoes
The Switzerland-based sports and lifestyle group has announced the completion of its acquisition of Gabor Shoes. No financial details of the transaction have been released
荐Chinese Group HSG Takes Majority Stake in Golden Goose
Under the new ownership structure, Permira will retain a minority stake, Silvio Campara will remain Chief Executive Officer, and Marco Bizzarri is set to become non-Executive Chairman
荐Puma secures 608 million euros in new financing
The Germany-based company has secured additional financing in the form of a 500-million-euro bridge loan and confirmed credit lines totalling 108 million euros. The aim is to increase overall flexibility and headroom
荐Nike reports modest gains amid ongoing challenges
Nike has reported modest gains in the second quarter, driven by a recovery in the North American market. However, ongoing weakness in Greater China and pressure tariffs continue to weigh on its overall performance
荐Birkenstock delivers a strong fiscal year 2025
The Germany-based footwear company has delivered a strong performance in the 2025 fiscal year, achieving double-digit revenue growth across all regions and channels, as well as a sharp increase in profits
荐H&M and Stella McCartney collaborate again after 20 years
The Sweden-based fashion retailer has announced a new collaboration with designer Stella McCartney, nearly 20 years after their debut partnership, with sustainability at its core
荐Genesco lowers its full year guidance
Despite reporting a solid third quarter, the US-based footwear company has lowered its full-year guidance, having witnessed lower sales trends during regular shopping periods
荐US: Thanksgiving Weekend attracts a record 203 million shoppers
According to the National Retail Federation (NRF), 202.9 million consumers shopped over the Thanksgiving-Cyber Monday weekend, up from 197 million last year and surpassing the record of 200.4 million set in 2023
荐Prada completes Versace acquisition
The Italy-based luxury group has completed its acquisition of Versace from Capri Holdings for approximately 1.3 billion euros. The deal was announced in April