Anta Sports Products Ltd has signed a definitive agreement to acquire a 29.06 percent stake in Puma SE from Groupe Artemis, marking one of the most significant cross-border moves in the global sportswear industry in recent years. Valued at €1.5 billion ($1.78 billion), the transaction positions Anta as Puma’s largest shareholder and underscores its ambition […]
Sportswear giant Puma has tapped Ramprasad Sridharan as its new managing director for India, effective December. He will report to Puma’s chief commercial officer, Matthias Bäumer. Sridharan brings over 25 years of brand-building experience across the Asia-Pacific region, with a career spanning leadership roles at United Colors of Benetton India, Reebok India and Clarks. Known […]
Renowned European footwear brand bugatti has officially entered Mumbai with the opening of its first-ever store in the city at Sky City Mall, Borivali on 5th September. Spanning over 1,000 square feet, the new outlet marks a significant step in bugatti’s retail expansion across India, bringing its signature blend of style, comfort, and European craftsmanship to Mumbai’s fashion-conscious shoppers. The […]
It’s been seven years since Superkicks first disrupted the retail landscape in Mumbai with the launch of their first store in Khar, marking a pivotal moment in India’s streetwear story. Now, Superkicks Mumbai has moved to a bigger space, starting an exciting new chapter. This new Mumbai flagship store is all set to be a dynamic cultural […]
Zoom Shoes kicked off its Autumn-Winter 2025 journey in style at its Annual Brand Summit in the scenic hills of Panchkula, uniting India’s top retailers, distributors and partners for a day of networking, insights and first looks at its latest collection. The new line reaffirmed Zoom’s belief that comfort drives sales. From padded slip-ons and […]
The Journey from School Shoes to Premium Footwear Mastery For over 25 years, HITZ has been a symbol of luxury, style, and affordability in the men’s fashion footwear market. From humble beginnings in 1998, the brand has evolved into a leader in premium fashion footwear. What started as a modest vision to make quality school […]
New Delhi | June 25, 2025 — In a landmark move to bolster India’s textile and apparel manufacturing ecosystem, India Exposition Mart Limited (IEML) has entered into a dynamic partnership with Garment Technology Expo Pvt. Ltd. to co-host and scale up India’s leading garment machinery and innovation trade show the Garment Technology Expo (GTE). This collaboration brings together two powerhouses: GTE’s […]
Company to Remain Founder-Led and Focused on Growth, Innovation, and Comfort-Driven Footwear LOS ANGELES & NEW YORK – [May 5, 2025] – Skechers U.S.A., Inc. (NYSE: SKX), a Fortune 500 company and the world’s third-largest footwear brand, today announced it has entered into a definitive agreement to be acquired by global investment firm 3G Capital in an all-cash […]
AstorMueller AG, the Switzerland based renowned European footwear major that manages brands like bugatti, TT.BAGATT and Salamander has announced the formation of its Indian joint venture, nuvora. This strategic restructuring comes as part of AstorMueller’s broader push to make India one of its largest markets. Designed to accelerate market penetration and strengthen brand presence, it […]
Global sportswear giants like Nike and Adidas could face a major setback as the U.S. government considers imposing tariffs on Vietnamese imports, potentially shaking up their supply chains and pricing strategies. Vietnam has become a key manufacturing hub for sports apparel, with Nike producing half of its footwear and over a quarter of its apparel […]
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