company’s

J.C. Penney retail business to exit Chapter 11

Published: December 9, 2020

The U.S. footwear retailer said the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company’s Plan of Reorganization to create separate property holding companies.

Stahl increases online presence in China

Published: October 15, 2020

The Dutch specialty chemicals manufacturer has launched a Chinese website and is increasing presence on Chinese social networks, such as WeChat, Baidu and Yuku to enhance digital customer engagement in the country.

Chanel raises €600 million sustainability bond

Published: September 30, 2020

The French luxury fashion group has raised a €600 million sustainability linked- bond.

SATRA appoints new executive director

Published: July 24, 2020

Michael Bodsworth - who initially worked at SATRA in the 1990s - has returned to the independent research and testing organisation as executive director, responsible for driving the company’s growth within the footwear sector.

Adidas business in China returns to growth

Published: June 5, 2020

The global sportswear manufacturer said that, throughout May, it continued to execute its store reopening plan around the world and Greater China is the company’s first major market on the road to recovery, with all own- and partner-operated stores having been open since mid-April.

Bentley starts phased production ramp up

Published: May 12, 2020

The luxury car manufacturer resumed production at the company’s headquarters in Crewe, England, on May 11.

Mixed beef sales volume for Tyson Foods

Published: May 5, 2020

Noel White, CEO, Tyson Foods, said that during the second quarter of the company’s fiscal 2020, they witnessed an unprecedented shift in demand from foodservice to retail, temporary plant closures, reduced team member attendance, and supply chain volatility as a result of the coronavirus spread.

Natuzzi risks delisting from NYSE

Published: April 30, 2020

On April 7, the Italian premium leather furniture manufacturer received notice from the New York Stock Exchange (NYSE) that it would be delisted if it is not able to comply with the Dollar Price Standard within the applicable cure period.

Adient to reduce salaries of non-plant employees

Published: March 27, 2020

The automotive seating supplier is reported to be reducing salaries as the COVID-19 crisis impacts the company’s profitability.

Skechers posts record annual sales

Published: February 14, 2020

International sales for the U.S. sports footwear brand increased 31.2% in 2019, while sales in the U.S. were up 13%.