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
News & Analysis
Nike Gains a Step on Adidas in Competition for Top Soccer Stars
Nike-shod players represent 57 percent of value in Europe’s top 100, while Adidas represents 33 percent.
Luxury
MyTheresa Founders Are Back With New Venture Martha Louisa
Munich’s Susanne and Christoph Botschen are betting on a new multi-brand footwear e-commerce venture. Can retail success strike twice?
Luxury
Stuart Weitzman: Refining, Not Redefining
In their first joint interview, chief executive Wendy Kahn and creative director Giovanni Morelli share their plans for evolving the American footwear stalwart.
News & Analysis
Italy's Geox to Name Top Gucci Executive as New CEO
Senior Gucci manager Matteo Mascazzini will replace Gregorio Borgo.
News & Analysis
Knitted Sneakers Are Kicking Wool Prices to Record Highs
Adidas, Nike and Puma are using wool in sneakers and clothing, as more consumers seek out natural fibres over synthetic.
Financial Markets
Inside Dr. Martens’ Billion-Dollar Ambitions
After a period of trouble, the counterculture boot-maker is thriving. How far can it go? And when will its private equity owner exit?
News & Analysis
Top Russian Shoe Retailer Prepares for Shoppers Return in 2018
The Russian footwear market is recovering and should reach pre-crisis levels by 2018.
Retail
Nicholas Kirkwood Launches In-Store Creative Residencies
The footwear brand is opening the doors of its Mount Street store for creative partnerships and pop ups over the next year.
News & Analysis
René Caovilla Wants to Be the Moncler of Luxury Footwear
The nearly 100-year-old maker of some of the most expensive shoes in the world has grown exponentially in the past decade. Can the family-run business become a global brand?
News & Analysis
How Mid Heels Became the Cash ‘Kitten’ of Footwear
Lower heels are outpacing high heels in sales, but it’s about more than the return of Nineties trends.
News & Analysis
Brazilian Shoe Moguls Entice Global Market
Brazil’s billion-dollar footwear industry bucked the recession and keeps on rising despite continued economic and political turmoil.
Retail
Payless to Emerge from Bankruptcy as Rare Survivor
The footwear company looks to expand its brick-and-mortar presence in Latin America and Asia, as it disposes of more that $400 million debt.
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.