sale

Engagement with consumers

Mike Redwood Published: November 16, 2022

Mike Redwood discusses the need for the leather industry to get its messaging in front of consumers through the right channels.

Nordstrom raises outlook after strong Q2 earnings

Published: August 31, 2021

The U.S.-based multi-channel retailer reported net earnings of US$80 million in Q2-2021, with EBIT at US$151 million.

VF Corp sells the occupational portion of its work segment

Published: June 30, 2021

The U.S apparel and footwear corporation has completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments.

Potential Sergio Rossi buyers named

Published: May 17, 2021

Italian private equity firm Investindustrial is allegedly studying a possible sale of luxury footwear label Sergio Rossi to two potential buyers – one Swiss and the other from the U.S. The race for acquisition is allegedly between the Swiss luxury brand Bally International and U.S. brand management specialist Marquee Brand.

LVMH ups stake in Tod’s to 10%

Published: April 26, 2021

The French luxury conglomerate will increase its stake in Italian luxury brand Tod’s to 10% in a move which Tod’s Founder and Chairman Diego Della Valle described as one which “consolidates the friendship” between his and Chairman and Chief Executive of LVMH Bernard Arnault’s families, as well as their businesses.

Sergio Rossi could be up for sale

Published: February 1, 2021

Italian private equity firm Investindustrial is allegedly studying a possible sale of luxury footwear label Sergio Rossi.

Nike files legal action over counterfeit sneakers

Published: January 25, 2021

The international sportswear manufacturer is reportedly suing hundreds of websites and social media accounts over the sale of counterfeit versions of Nike and Converse footwear.

Adient’s sales down 8% in third quarter

Published: December 3, 2020

The U.S. headquartered automotive seating and manufacturer doesn’t expect sales volumes in Europe to return to pre-Covid levels “for a number of years”.

Adidas could sell Reebok

Published: October 26, 2020

The global sportswear manufacturing Group is reportedly exploring the sale of its Reebok brand.

Australian mining magnate acquires R.M. Williams

Published: October 19, 2020

The Australian leather footwear and apparel brand planned to make 500,000 pairs of shoes annually by 2023.