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UK-based sportswear retailer Castore has recently announced its acquisition of the longstanding footwear brand Grenson Shoes. This strategic move is aimed at bolstering Castore’s financial stability and expanding its product portfolio. Embracing Heritage…
South Korean fashion and lifestyle company, Musinsa, is said to be currently in discussions to obtain the local distribution rights for Hoka, a well-known performance footwear brand. The talks are reportedly taking place with Deckers Outdoor Corporation, the…
South Korean female-oriented shoe brand, Sappun, has drawn out plans to broaden its global presence, beginning with Southeast Asia, Indonesia specifically. Expanding Footprints in Indonesia The footwear brand, which operates under the management of FNS Retail…
In a recent operation, Hong Kong officials intercepted an estimated HK$10 million worth of suspected counterfeit clothing and footwear, featuring labels from major brands such as Louis Vuitton, Gucci, and Nike. The operation, held between October 6 and 17,…
Luxury fashion house Maison Valentino and popular footwear brand Vans have joined forces to launch an innovative campaign that leverages artificial intelligence (AI) for a new capsule collection. This ingenious blend of physical and digital storytelling is a…
Nike’s Converse division is set to undergo a change in leadership as Aaron Cain steps into the role of CEO, succeeding Jared Carver who has served in the position for the past two years. A veteran of Nike for over two decades, Cain has contributed to the…
Sandeep Kataria, the Chief Executive Officer of Bata, has announced that he will be resigning from his role in September to seek fresh prospects. The departure will coincide with the appointment of Panos Mytaros as the corporation’s new Global CEO. Transition…
Emall Vietnam, the distributor for the prestigious Pierre Cardin shoe line, has taken a bold step by acquiring the franchise rights for the brand in Thailand. This strategic move marks a significant milestone in the company’s journey, as it welcomes a Thai…
Footwear retailer Hoka has launched a store in Vietnam, marking its first physical presence in the market. Located at Ho Chi Minh City’s Saigon Centre, the store is in partnership with distributor Central Brand & Specialty Group (CBS) and offers a full range…
Puma on Wednesday announced job cuts and warned of uncertain US consumer demand. The German sportswear group’s shares slumped 23 percent in the wake of disappointing quarterly and annual forecasts issued a day earlier. The grim outlook, which follows weak…
German shoe manufacturer Birkenstock has launched its House of Birkenstock in Singapore, marking the first of its kind in Asia. The store, located in one of the Duxton shophouses, combines the local design elements with its traditional German heritage. It is…
Sportswear company Puma has successfully produced compost from an experimental version of its classic suede sneaker, according to the results of its two-year-long Re:suede experiment. The experiment was the first program to launch as part of the company’s…
German-founded British footwear and apparel brand, Dr Martens, has closed all of its physical stores in the Philippines. The brand announced on social media that it closed all of its remaining four stores in Glorietta 4, SM Mall of Asia, SM Megamall, and…
A Taiwanese shoemaker in HCMC’s Binh Tan District has laid off 1,185 workers and blamed it on a drying up of orders. In an announcement, Monday Ty Hung Co. Ltd, said its customers face financial issues and have not placed new orders. Despite trying everything…
LVMH-owned Parisian shoemaker Berluti has expanded its footprint into Vietnam, opening its first store in Hanoi in partnership with local partner S&S Group. Located in the heart of Hoan Kiem district across from the famous Metropole Hotel, the Berluti Vietnam…
Alpargatas, the parent of Havaianas, is reaping the benefits of a three-year-old international expansion strategy, despite the impact of Covid on cross-border travel. In the year to December, Alpargatas recorded sales of US$739 million, a 25.7-per-cent…
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