Researchers at Jewellerybox.com sifted through the 2,600-plus people on the Forbes billionaires list to find the richest in the fashion industry. The jewelry site also crunched Google data to find out which brands were the most searched in 2022. On the rich list, and perhaps of no surprise, was Bernard Arnault coming in at number...Read More
Billionaire Bernard Arnault’s LVMH lost the latest round in its court battle against French tax officials who raided the luxury-goods firm’s Paris headquarters to gather evidence for a case. France’s top court on Wednesday overturned a prior ruling that had deemed the 2019 inspections to be unjustified. The Cour de Cassation ordered the Paris court...Read More
If you purchase an independently reviewed product or service through a link on our website, Footwear News may receive an affiliate commission. A special iteration of the Nike Kobe 4 is coming soon. Sneaker leak social media account @knowing_kicks shared images on Instagram of the Nike Kobe 4 Protro “Gigi,” a new iteration of the...Read More
Luxury’s much-needed China recovery is finally on the horizon, as the country moves away from its strict zero-Covid stance. Last year, in a significant policy shift prompted by widespread protests, the government announced a major roll-back on quarantine restrictions, mass testing and lockdowns in the country. Restrictions on domestic travel were relaxed too, with virus...Read More
Three days into 2023, three of the most decorated American ski athletes — Bode Miller, Chris Davenport and Michelle Parker — gather under the sunrise glow at Holloway’s Pretty Good Horse Barn, a ranch in Bozeman, Mont. It’s an odd location for the group — flat prairie land, the Bridger Mountains far off in the...Read More
LONDON – Mark Weston has exited as chief creative officer of Dunhill, following more than five years at the brand and the arrival last year of a new chief executive officer, Laurent Malecaze. Weston joined Dunhill in April 2017 and stopped working with the company last October, according to his profile on Linkedin. Dunhill could...Read More
A gender discrimination lawsuit filed against Nike by a group of female employees will not be eligible as a class action suit, an Oregon judge ruled last week. The suit, initially filed in August 2018 by two former female Nike employees, alleged that the company “intentionally and willfully” discriminated against women with regard to pay...Read More
OXFORDSHIRE, United Kingdom — In the second session of BoF VOICES 2022, speakers addressed a broad range of themes that are increasingly urgent for the fashion system, from the need to regulate corporate greenwashing to what comes after the post-pandemic rebound. The Business Of Fashion Presents VOICES 2022 – Day 2 Achim Berg during BoF...Read More
MILAN — Sneakers continue to be hot tickets, and Italian footwear manufacturer MGM, specializing in sports and technical shoes, on Wednesday said it inked an agreement to acquire Gruppo Rekord Srl, a producer of high-end sneakers and outdoors shoes. For the deal, MGM was flanked by Clessidra Capital Credit SGR SpA, through the Clessidra Private...Read More
StockX has added a new role created with verification and protecting the brand in mind, and has hired an industry veteran with more than 30 years of experience for the job. The marketplace has hired Paul Foley as its head of brand protection at StockX. In the role, StockX said Foley will work alongside its...Read More
