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Mossop Western Leather MD to retire

Alan Fleetwood, Managing Director of Mossop Western Leather, CEO and Managing Director of Bolton Footwear and Managing Director of BBF Safety Group will retire at the end of February 2022.

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Western European new car sales up +27% in August

New passenger car registrations in Western Europe are reported to have risen +27% in August as manufacturers sought to clear their stocks ahead of the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP), effective from September 1.

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Nike’s Q3 earnings climb 16%

Nike Inc. reported earnings rose 16.0% in its third quarter ended February 28, to $791 million, or 89 cents a share, ahead of Wall Street’s consensus target. Sales rose 7.0% to $7.46 billion. Sales on a currency-neutral basis grew 11% for the Nike brand and 33% for Converse.

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