One of fashion’s favorite ways to ring in the new year is with a fresh crop of trend forecasts. All of those crystal ball readings and the pursuit of new beginnings tap into the very nature of fashion’s trend cycle: out with the old and in with the new. While it’s impossible to know what all […]
LONDON – With the challenges of lockdown in the rear view mirror, sales and profits at the Beckham family brands roared ahead in fiscal 2022, with the momentum continuing in the current year. Victoria’s and David Beckham’s various companies had a prosperous year, according to accounts filed this week on Companies House, the British government’s business register. […]
With 2024 on the horizon, it’s a good time to take stock of what will feel fresh in the new year. While there are a few trends that are likely to be left behind in 2023, many will carry over, and a few new spring ’24 trends are sure to quickly stand out. Here, a […]
LONDON – Another division of Rene Benko’s troubled Signa property empire has filed for insolvency following the collapse of the holding company last month. Signa Prime Selection, which has stakes in retailers including Selfridges, KaDeWe and Karsdadt, has filed for bankruptcy and submitted a restructuring plan in a Vienna, Austria court, according to a statement. The filing is the latest in […]
There was no shortage of legal issues affecting the fashion and footwear industries in 2023. While trademark complaints made up the bulk of the legal dramas this year, other disputes involving nonpayment of services and alleged money laundering made headlines as well. From Adidas’ ongoing battle with Thom Browne to New Balance sparring with Golden Goose, FN rounds up 13 […]
With less than a week until Christmas, shoppers will need to head into physical stores to grab those last-minute gifts — or shell out more money for expedited shipping from online retailers. And that’s what independent footwear stores are banking on to help boost revenue as the year comes to a close. “So far, [our holiday] sales have […]
This year, the footwear and retail industries welcomed a slew of new chief executives. Many are veterans of the business with strong track records for success, such as Christopher Hufnagel at Wolverine Worldwide and Doug Howe at Designer Brands Inc., as well as Liz Rodbell, who is making a big return to Hudson’s Bay. Other […]
With less than a week until Christmas, shoppers will need to head into physical stores to grab those last-minute gifts — or shell out more money for expedited shipping from online retailers. And that’s what independent footwear stores are banking on to help boost revenue as the year comes to a close. “So far, [our holiday] sales have […]
Wolverine Worldwide announced on Thursday the departure of Jim Zwiers, a 25-year company veteran, who will leave in 2024. He most recently served as executive vice president and president of the global operations group. “Jim has dedicated his time and talent to Wolverine Worldwide for the last 25 years,” Wolverine Worldwide president and CEO Chris Hufnagel […]
With less than a week until Christmas, shoppers will need to head into physical stores to grab those last-minute gifts — or shell out more money for expedited shipping from online retailers. And that’s what independent footwear stores are banking on to help boost revenue as the year comes to a close. “So far, [our holiday] sales have […]