It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
The American brand founded by Ronnie Fieg is opening a store in the French capital. Spread over three floors, the 16,000-square-foot location not only offers the label's latest collections, but also a restaurant.
H&M is launching a new product concept called Innovation Stories with the first of a range of collections that will drop this year debuting March 18. Each drop will celebrate "forward-thinking sustainability processes”.
The Broomfield, Colorado-based footwear maker reported record annual revenues of $1.4 billion on Tuesday, with progress driven by booming digital sales and solid growth in the company’s Americas region.
Clarks’ CEO Giorgio Presca has exited the historic shoe firm. The move comes only a few months after it brought a new majority owner on board as the founding family relinquished control for the first time in centuries.
ASOS launches a new campaign for the UK, US and Germany from Monday to mark a wider range of Topshop/Topman products available on site following its purchase of the two brands after the Arcadia failure.
South Africa’s Truworths is betting on the launch of new clothing brands as well as entry into the budget-clothing market to support its medium-term growth after reporting a 7% decline in half-year profit on Thursday.
The Denver, Colorado-based owner of brands including Vans, The North Face and Timberland, has announced that it has allocated all of the net proceeds from its inaugural green bond to 13 of its sustainability projects.
The American footwear and athletic apparel retailer announced its capital allocation program for 2021 on Wednesday, revealing plans to invest $275 million over the course of the year, with an emphasis on digital growth.