Edward Buchanan Opens New Creative Hub in Milan
A new space called The Situation will host exhibitions and residencies and provide resources to Black, queer and other under-represented creatives.
footwear
China
The ‘Alpha Female' Look is Big in China. Brands Take Note.
Dr. Martens shoes have become the ultimate empowerment symbol for a generation of women rebelling against demure feminine aesthetics. Now other brands want in on the action.
China
China and the US Signed a Trade Truce. Who Now Benefits?
Yesterday's deal doesn’t signal an end to the trade conflict. While some fashion players will get a reprieve from tariffs, others will not be so lucky.
Retail
Lessons From the Rise and Fall of Toms Shoes
The once-hot footwear brand's story is a cautionary tale for companies reliant on a hero product and narrow brand messaging.
Financial Markets
Carlyle Is Said to Weigh Bid for Dr. Martens
The British bootmaker is owned by Permira, which is targeting an exit in 2020 via sale or IPO, according to reports.
Retail
Nike Invests in Adaptive Footwear
The sportswear giant is set to purchase an undisclosed stake in the laceless shoe company Handsfree Labs Inc, in bid to create apparel that's easier for people with disabilities to wear.
Marketing
How the Company Behind Uggs, Teva and Hoka Makes Ugly Brands Cool
Ugg was once the hottest boot around, before overexposure tarnished its image. Owner Deckers Brands is determined not to make the same mistake with its new hot shoe, Hoka One One sneakers.
Retail
The Big Business of White Sneakers
Despite a highly saturated market, startup labels are breaking through thanks to the enduring popularity of the minimalist trainer. So, how does a new brand sell such a simple shoe?
News & Analysis
Carlyle Weighs Sale of Shoe Brand Golden Goose
The private equity firm acquired Golden Goose in 2017 in a deal that reportedly valued the business at about €400 million.
Retail
Shoe Retailer Office in Debt Restructuring Talks
The struggling British shoe store, which was acquired by South African retailer Truworths in 2015, aims to settle a significant portion of its £45 million debt.
Retail
Foot Locker Plunges Most Since 2017 as Sales Miss Estimates
The dip comes at a time of uncertainty for shoe sellers, given the potential of increased import tariffs on goods coming from China that could take effect next month.
News & Analysis
Everlane Jumps Into the $20 Billion US Sneaker Market
The new shoe comes with a sole largely free of unrecycled plastic, and leather made at a factory the company says has less environmental impact than your typical footwear manufacturer.
Retail
Ancient Greek Sandals Finally Plants a Flag in Athens
The footwear brand is opening its first flagship store in the Greek capital, while also launching new products such as handbags, anklets and candles.
The News in Brief
L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
Private Equity Firm Inflexion Invests in Manucurist
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.