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Tag: shoe

Retail Asia19/01/2021
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Fashion

Li Ning ready to buy Clarks footwear

4min0
Li Ning, the gymnast-entrepreneur who lit the Olympic flame during China’s 2008 Games, has bought control of one of Britain’s oldest shoe producers, extending the global shopping spree by Chinese companies for famous international brands. Viva China Holdings, the sports talent agency founded by Li, has agreed to pay £51 million (US$69.7 million) for 51 […]
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Retail Asia22/07/2020
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Fashion

Bata Malaysia donates 60,000 pairs of shoes

3min0
As a global leader in shoes, Bata feels a special responsibility towards all its stakeholders including the communities in which it operates across countries and regions. This is why Bata commits to donate 1 million pairs of shoes to frontliners and their families globally; the front-liners fighting the Covid-19 with admirable courage and dedication every […]
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Retail Asia08/01/2020
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Fashion

Ethical shoe retailer Toms collapses

2min0
Ownership of ethical American shoe retailer Toms will be transferred to its creditors. CEO Jim Alling addressed a letter to employees informing them of the transfer from current owners Bain Capital and founder Blake Mycoskie to Jefferies Financial Group, Nexus Capital Management and Brookfield Asset Management. The move is intended to “identify the best path […]
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Retail Asia04/12/2019
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Fashion

Rumoured Dr Martens sale could fetch up to £1.2 billion

1min0
Private-equity group Carlyle is reportedly considering a more-than-£1 billion bid for British footwear brand Dr Martens. According to Bloomberg, citing internal sources, current owner Permira, a European investment company, has engaged Goldman Sachs and another firm to evaluate options for the future of the Dr Martens business. An IPO is also a possibility. Bloomberg stressed […]
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Retail Asia30/10/2019
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Fashion

Geox Singapore opens X Store concept

1min0
Italian shoe brand Geox has opened an X Store concept in Singapore with a new outlet in Paragon, Singapore. The concept fuses various design elements under one roof designed to convey Italian quality, contemporary design, sustainability and digital technology. It offers a multi-sensorial shopping experience which uses technology to engage the senses both inside and […]
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Retail Asia20/09/2019
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Fashion

Global Vans shoe design competition kicks off

3min0
Sports shoe & apparel brand Vans is launching its interactive “Vans shoe customisation competition”, designed to inspire artists around the world. The Global Custom Culture competition aims to provide the means for self-expression through digital and canvas mediums unique to Vans. This is the inaugural year of the Vans shoe customization competition, encouraging artists from […]
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Retail Asia02/09/2019
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Fashion

Allbirds launches first outlet in New-Zealand

3min0
Despite being started by New Zealand entrepreneur and former footballer Tim Brown, wool-based footwear brand Allbirds has only been available online its home country – until now. The launch comes after the business successfully raised $76.7 million at the end of 2018, aiming to help fuel the business’ expansion into Asia and the UK. The […]
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Retail Asia02/09/2019
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Fashion

S. Culture warns shareholder for loss

2min0
S. Culture International has warned shareholders it expects to post a net loss in the range of HK$3 million to $4 million for the six months to June. That would equate to as much as 10 times last year’s first-half loss of $400,000. The Hong Kong-listed retailer sells a range of international footwear brands including […]
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Retail Asia21/08/2019
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Fashion

Ecco is heading back to the Philippines

1min0
Danish footwear brand Ecco is returning to the Philippines through a shop-in-shop concept at SM malls. The brand has launched spaces at SM Store Makati, SM Store Mall of Asia, and SM Megamall’s third floor Bridgeway Building. The openings are part of the label’s strategy to continue its expansion in the territory as more shop-in-shop […]
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Retail Asia15/08/2019
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Fashion

Hush Puppies breaks out of “vicious cycle”

5min0
Iconic footwear brand Hush Puppies is undergoing a major brand transformation in Australia, backed by updated modern collections designed to appeal to younger customers, fun collaborations and an upcoming gamification campaign in September. Traditionally known as the comfort footwear choice for grandparents, the local team has “really spun this brand on its head”, according to […]
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Retail Asia10/07/2019
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Fashion

US shoes-from-plastic brand begins Outlet rollout

1min0
Online shoes-from-plastic brand Rothy’s is opening its first physical stores in four key US locations. The brand creates women’s shoes from recycled materials, including plastic bottles, and has a burgeoning following in the territory. Its new stores will open in downtown Manhattan, Los Angeles, Boston and Washington DC. A further five locations are planned to […]
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Retail Asia23/05/2019
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Fashion

Louis Vuitton sues Belle International For Copycatting

1min0
French luxury retailer says Hong Kong company’s shoe designs too similar to its own to be coincidental. Luxury fashion house Louis Vuitton is suing two Belle International subsidiaries for copyright infringement. The Chinese footwear brands are being taken to court over the design over a pair of trainers valued at HK$8950 (US$1140). A High Court […]
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Retail Asia20/05/2019
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Fashion

Xtep Takes Over Footwear brands Palladium, K-Swiss and Supra

2min0
Palladium, K-Swiss and Supra brands sold by South Korean’owned E-Land Footwear USA. Hong Kong-listed sportswear giant Xtep International has bought three US footwear brands from South Korea’s E-Land USA. The Chinese company will pay US$260 million for all the outstanding shares in E-Land Footwear USA Holdings, which owns the K-Swiss, Palladium and Supra brands. Settlement […]
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Retail Asia26/03/2019
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Fashion

2018 Was A Record year for shoe brand Ecco

2min0
Shoe brand Ecco reported record sales last year and its highest profit in its 55-year history. Net sales reached €1.31 billion (US$1.49 billion) and profit before tax reached €201 million ($228.1 million). “It is very satisfactory for the employees to see all their hard work and enthusiasm rewarded with such a good result, particularly when […]
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Retail Asia08/05/2018
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Fashion

Clarks Kids teams with Avengers

2min0
Global shoe brand Clarks has stepped out of its usual comfort zone with a range inspired by Marvel’s movie Avengers: Infinity War. The Clarks Kids range is described as “an exclusive multi-gender collection” (Yes, we are still wondering how many genders kids relate to, also) that “celebrates strength in unity”. Avengers Infinity War launched worldwide […]
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Retail Asia13/07/2016
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Fashion

Taiwan-based Shoemaker Set to Expand Factory in Indonesia

2min0
A Taiwan-based sports shoes manufacturer has expressed its interest to expand its business in Indonesia. The company, who has had a factory in Tangerang since 1996 with 1,100 workers, will expand and is expected to absorb up to 10,000 workers. The Investment Coordinating Board (BKPM) chairman Franky Sibarani has welcomed the planned expansion. “It’s very […]
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