No Ordinary Designer Label Limited (NODL), the company managing Ted Baker’s UK stores, went into administration in March. Following this, 15 stores were closed, and 245 positions at the store and head office were made redundant. Administrators from Teneo have now announced plans to shut all remaining UK stores within the next three weeks. Employees […]
By Amit Chopra In 2023, global footwear production decreased by 6% to 22.4 billion pairs, marking the lowest point in a decade, excluding the pandemic years of 2020 and 2021. The industry remains heavily concentrated in Asia, where nearly 9 out of every 10 pairs of shoes are manufactured, accounting for 87.1% of global production. China […]
Metro Brands Ltd. (MBL), will unveil India’s first Foot Locker store this October. The store, located in an upscale Delhi mall, will follow Foot Locker’s ‘Store of the Future’ concept, featuring a bold storefront, unique in-store atmosphere, expanded selection of footwear and accessories, a focus on sustainability, dynamic digital features, and other technological innovations. This […]
BUILT TO PROVIDE THE MOST ENERGY RETURN YET Herzogenaurach, 11th July, 2024 – Today, adidas unveils the Ultraboost 5. Redesigned from the ground up, it gives runners the highest energy return yet* thanks to a new midsole construction that offers 9mm more Boost. The shoe is built for those looking to get more out of their run, […]
Ahmedabad: “Canvas, but not as you know it.” With this promise, Ludic, the footwear-first lifestyle brand, launches an exclusively designed, manufactured, all-home-grown, enhanced canvas sneakers collection. These sneakers are designed to fit the style and comfort needs of men and women – with shades that will complement every outfit, a style that will add to yours, and comfort […]
PUMA India has joined forces with the Indian Olympic Association (IOA) to become the official footwear partner for the Indian contingent at the Paris Olympics 2024. To celebrate this collaboration, PUMA has launched the “See the Game Like We Do” campaign, showcasing the achievements of Indian athletes through impressive outdoor displays. As part of this […]
Adidas, the German sportswear giant, is projected to report strong second-quarter sales and its highest profit margin in three years, driven by the popularity of its low-rise, multicolored Samba and Gazelle sneakers, and weaker sales from rival Nike. Concerns among investors about Adidas trailing behind both established and emerging competitors were heightened when Nike unexpectedly […]
Chupps, a direct-to-consumer footwear brand has strengthened its leadership team with the appointment of Khairav Duggal as its chief executive officer (CEO). In his new role, Duggal will oversee all aspects of Chupps’ operations, including product development, sourcing, sales, strategic planning, and e-commerce. Commenting on his new role, Khairav Duggal stated, “I look forward to […]
PUMA India has signed cricketers Riyan Parag and Nitish Kumar Reddy to strengthen its connection with Gen Z consumers. Riyan Parag, a 22-year-old right-hand batsman from Guwahati, stands out as the highest run-scorer among uncapped players in a recent cricket league and was part of the victorious Indian Under-19 team at the 2018 Under-19 Cricket […]
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