Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
footwear
News & Analysis
Adidas Looks to Football and Running Shoes for Growth
Adidas plans to double sales of running shoes and increase its Originals streetwear revenue by 50 percent through 2020, the company said at an investor presentation.
News & Analysis
Pedder Group, Kurt Geiger Tapping Asia Footwear Growth
Incumbents and new entrants alike are seizing the opportunity in Asia’s growing footwear market.
News & Analysis
Opening Ceremony Signs Footwear License with Aldo Product Services
Opening Ceremony has signed a global licensing agreement with Aldo Product Services to expand its footwear range.
Retail
Nike Backs Obama on Trade with Pledge to Create 10,000 US Jobs
Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.
News & Analysis
President of Ugg Business is Stepping Down
Connie Rishwain, the president of its Ugg and fashion and lifestyle brands, is leaving the company.
News & Analysis
A Chip Off the Old Croc: The Ugly Shoe Is Back
The shoes that polarized a nation are being polished up for a comeback.
News & Analysis
Charlotte Olympia Dellal Says Believe in Yourself and Your Product
BoF sits down with Charlotte Dellal and Bonnie Takhar to discuss the rise of seven-year-old footwear brand Charlotte Olympia, which blends British wit with Hollywood glamour and, last year, generated over $40 million in revenue.
Global Markets
Adidas App Lets Sneakerheads Wait in Virtual Lines for Limited Editions
Are limited-edition sneakers still special when buyers can reserve them via an app, like a pizza or a pair of movie tickets? Adidas hopes so.
News & Analysis
Adidas Sells Rockport for $280 Million to Focus on Athletics
Adidas AG said it will sell the Rockport shoe business to a new company formed jointly by competitor New Balance Athletic Shoe Inc. as it takes the first steps toward a revival.
News & Analysis
‘Made in Portugal’ is on the Rise
With a leather manufacturing heritage equal to that of luxury production powerhouses France and Italy, and offering comparable quality at a significantly lower cost, ‘Made in Portugal’ is on the rise.
News & Analysis
Coach to Buy Luxury Shoemaker Stuart Weitzman
Coach Inc. said it would buy luxury footwear company Stuart Weitzman Holdings LLC from private equity firm Sycamore Partners in a deal valued at up to $574 million.
Retail
Brown Shoe Co. Sells Web Business to Hardy’s Shoeme
SEATTLE, United States — Brown Shoe Co., owner of the Famous Footwear retail chain, sold its Shoes.com online division to a closely held Seattle
The News in Brief
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.
Oura Delays US IPO
The smart ring maker said on Tuesday it has delayed its US initial public offering, citing market uncertainty.
Maxhosa Africa Brings Pan-Africanism to Paris Fashion Week
Creative director Laduma Ngxokolo’s label is the first South African brand to stage a full runway show on the official Paris Fashion Week calendar.
Shein Shares Sink to Record Low After Profit Plunge
The ultra-fast-fashion giant’s share price fell 12 percent after it reported a steep drop in first-half operating income in its inaugural earnings as a public company.
Revolve Launches Annual Print Magazine
The annual publication, whose inaugural issue features Kendall Jenner, Alex Consani and Teyana Taylor, will be available digitally and in stores.
Scarlett Johansson’s Skincare Brand The Outset Closes
As of Monday, the premium brand’s website has been updated with a message announcing its closure.