Siddharth Nawal to succeed Dalip Sehgal as Managing Director & Chief Executive Officer, effective January 1, 2027 Mumbai, October 12, 2026: The Board of Directors of Nexus Select Trust (‘Nexus’), India’s first publicly listed retail REIT, today announced a planned leadership transition, appointing Siddharth Nawal as Managing Director & Chief Executive Officer Designate. He will […]
Chinese sportswear giant ANTA Sports Products Limited has completed the acquisition of a 29.06% stake in German sportswear major PUMA SE from Artémis SAS, the investment company of the Pinault family, for €1.5055 billion in cash. Following regulatory approvals and the completion of customary closing conditions, ANTA Sports has become PUMA’s largest shareholder. The transaction […]
German footwear brand BIRKENSTOCK has expanded beyond footwear in India with the launch of its Care Essentials range, marking the brand’s entry into the country’s personal care category. The collection, which will be available in India from October 2026, was unveiled at an exclusive showcase in Mumbai alongside BIRKENSTOCK’s Autumn/Winter 2026 footwear collection and its […]
Tariff cuts look impressive on paper, but what matters to exporters is whether the goods clear customs. That was the message Puran Chand Dawar took to Manila on 22 September. – S&A Bureau report A Footwear Voice at the Ministerial Table Puran Dawar, Chairman of Dawar Footwear Industries and Senior Member of FICCI, Lead the […]
IFCOMA’s Sanjay Gupta becomes the first Indian footwear and components sector representative invited to speak at the SIMAC Tanning Tech opening ceremony, as the show closes with strong growth in Milan. Milan, Italy — SIMAC Tanning Tech 2026, held jointly with Lineapelle 108, opened at Fiera Milano Rho on 15 September with a notable first […]
Nike has reworked its senior line-up in a single week, adding a supply chain specialist at Converse and a commercial chief at group level. Kristin Bauer joined Converse as Chief Operating Officer on 14 September, according to an internal memo signed by Converse CEO Aaron Cain and seen by Bloomberg News, and reports to Nike […]
French retail giant Carrefour has made its much anticipated return to India after a 12 year absence, marking a significant development in the country’s organised retail landscape. The comeback is being driven through a strategic franchise partnership with Dubai based Apparel Group, which is bringing Carrefour’s global retail format back to Indian consumers. The first […]
The 1979 indoor classic loses its laces in a lineup spanning Core Black to leopard print, signalling adidas’s clearest push yet into the dress-sneaker category. Adidas Originals has expanded its Handball Spezial Loafer program, moving beyond the initial black release into a six-colorway lineup that includes Magic Beige, Core Black, Dark Brown, Aurora Cocoa, Maroon, […]
UK fashion retailer Boohoo has been ordered to pay €2.3m ($2.7m) by France’s consumer watchdog after being found guilty of “deceptive business practices,” including breaches of website labelling requirements. The Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF) announced on 20 August 2026 that Boohoo had wrongly labelled synthetic items as “leather,” “faux leather,” […]
Redefining Indian sneaker culture through comfort, community and conscious design. State of Joy is building far more than a footwear brand. Rooted in anatomically informed design and an authentic Indian identity, the brand is creating a community where comfort meets culture, and sneakers become a medium for creativity, kindness and self-expression. With a rapidly expanding […]
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