Armani Open to More Than One Investor for Sale of 15% stake, CEO Says
The comments by chief executive Giuseppe Marsocci come as the brand reportedly considers the possibility of LVMH, L’Oreal and EssilorLuxottica sharing the stake.
footwear
News & Analysis
Made in Ethiopia: Fashion's Next Sourcing Hub?
Ethiopian manufacturers are becoming increasingly competitive and ambitious, but can East Africa really provide an affordable sourcing alternative to Asia?
News & Analysis
Jimmy Choo Co-Founder’s New Brand Is Making Luxury Shoes Affordable
"The Jimmy Choo co-founder relaunched her namesake luxury footwear brand as direct to consumer."
News & Analysis
In the Studio With Christian Louboutin
" Christian Louboutin, shoe maestro, reveals why he can’t throw anything away, hates going out at night and loves small spaces."
News & Analysis
Chuck Taylor Sequel Flops, Dealing Blow to Nike’s Converse Brand
With a lot of fanfare last July, Converse released a more expensive version of the classic Chuck Taylor, the first major overhaul of the world’s most iconic and best-selling sneaker, though like many sequels it was a letdown.
News & Analysis
Jimmy Choo Co-Founder Sues Shoe Company Alleging Boycott
Jimmy Choo was sued by the co-founder of its eponymous shoe line who alleged the company launched a campaign to punish her as she prepared to start a new venture.
News & Analysis
Adidas Looks to Harness Instagram Fans to Maintain Its Momentum
Adidas seeks to make it easier for Instagram and Snapchat followers to buy popular sneaker styles.
News & Analysis
Foot Locker Looks to Play Up the Store Experience
Footlocker is reorganising its stores to further highlight top brands, designating areas to showcase trends, and adding more displays of full sports gear to encourage broader shopping.
Luxury
How Aquazzura Built a Business By Making Sensible Shoes Sexy
BoF’s Entrepreneurship Week continues with Florence-based footwear brand Aquazzura, which has tripled its business over the past two years to become one of the most promising labels in the luxury market.
News & Analysis
Adidas Sues Skechers, Claiming 'Springblade' Shoe Knockoff
Adidas escalated its legal battle against Skechers over athletic sneaker designs, filing a lawsuit accusing Skechers of stealing its "Springblade" concept for its similar "Mega Flex" shoe.
News & Analysis
Adidas Remixes '90s Kate Moss for Gazelle Reboot
Adidas has partnered with Kate Moss and bessnyc4 to launch its re-issued Gazelle sneakers, which some have called 'the new Stan Smiths.'
News & Analysis
Women Workers Exploited in India's High End Shoe Industry, Say Campaigners
India's growing shoe industry relies on women who work from home, earn less than the minimum wage and lack any legal rights.
News & Analysis
Remix My Sneakers
Modification ‘artists’ with names like The Shoe Surgeon are selling hand-crafted, remixed sneakers, sometimes for thousands of dollars.
The News in Brief
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.
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.’