Nike has announced reorganisation of its senior leadership team, aiming to accelerate its "Win Now" strategy and position the company for sustained growth. The restructuring includes the promotion of key executives and the retirement of longtime leader, Heidi O’Neill, president of consumer, product, and brand. She has announced her retirement...
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Apparel and footwear retailer Boot Barn has officially appointed John Hazen as its chief executive officer, effective May 5, 2025. Hazen had been serving as the company's interim CEO since November 2024. Peter Starrett, executive chairman of Boot Barn, expressed confidence in Hazen's leadership, stating, "After a comprehensive search process,...
1 hour ago
In a significant development in the footwear industry, Skechers U.S.A., Inc. has announced its agreement to be acquired by global investment firm 3G Capital for approximately 9.4 billion dollars. The transaction, unanimously approved by Skechers' board of directors, will transition the company from a public to a privately held entity. Commenting...
Kering, the luxury conglomerate, and the Festival de Cannes will bestow the 2025 Women In Motion Award upon Nicole Kidman, recognizing her significant contributions to cinema and her advocacy for female representation, the festival announced. Kidman, whose career spans over three decades, will receive the accolade at the official Women In Motion...
16 hours ago
A coalition of major U.S. footwear companies is sounding the alarm over the potential devastation of new tariffs, warning that the levies could trigger widespread business closures, job losses, and price hikes for consumers. In a letter to the Trump administration, the Footwear Distributors and Retailers of America (FDRA), representing industry...
18 hours ago
British consumer goods giant Unilever said Friday that it would invest 1.5 billion dollars in Mexico, which is wooing foreign companies in the face of US President Donald Trump's trade war. "This investment will create 1,200 new direct and indirect jobs in Mexico," Unilever's chief supply chain and operations officer Willem Uijen said at...
May 2, 2025
Miami Swim Week is swiftly rolling round, with the Magic City once again deep in preparations for the annual event. Set to take place from May 28 to June 1, 2025, the swim week is preparing for what is to be another scorching pre-summer party, this time with some new additions to the sun soaked agenda. Paraiso Miami Swim Week, one of the leading...
Footwear brand Toms has launched a new, limited-edition capsule collection with stylist Jamie Mizrahi. The capsule collection reimagines Toms' iconic Alpargata slip-on style in a new, elevated design. The Toms x Jamie Mizrahi collection includes styles for men, women, and kids in an array of premium materials and rich colors. The Toms x Jamie...
Jo Jenkins is stepping down from White Stuff. The British retailer announced today that its chief executive officer, who has been with the company since 2018, will be exiting her role “to pursue new opportunities”. During her time at White Stuff, Jenkins was credited with steering the brand through “a period of significant growth and...
British footwear and accessories brand Kurt Geiger London has opened its first-ever store in Miami, Florida, as it continues to expand across North America. Located at Aventura Mall, a popular shopping destination, the new 2,102 square foot store reflects the brand's colorful aesthetic and offers Kur Gegier's full range of women's shoes,...
“When will Hermès ban wild animal skins and embrace ethical luxury by launching vegan Birkin and Kelly bags?” This was the question that PETA, which owns shares in the French company, put to chief executive officer Axel Dumas on April 30, during Hermès’s general meeting. “The action follows PETA's new DIY video on YouTube, which has garnered...
Data, retail tools, automation of logistics processes, and decision-making support are the main areas in which Hermès uses artificial intelligence (AI). The Parisian group, questioned by a shareholder ahead of the general meeting held in the French capital on Wednesday, April 30, discussed its relationship with AI and future developments. “AI is...