Articles by Regina Henkel
Puma sets stricter climate targets
loading... - Business
As Puma continues to make progress in its climate protection efforts, the sportswear giant has now set a number of new climate goals. At the beginning of the year, the company announced that it had reduced its greenhouse gas emissions by 24 percent (market-based) in 2023 compared to 2022, seven years earlier than planned. Now the sports company...
Frasers Group increases shares in Mulberry following offer rejection
loading... - Business
Just a few days after the British luxury leather goods brand Mulberry rejected a takeover attempt by the British retail group Frasers Group Plc, Frasers has now increased its stake in the traditional British brand. As revealed in a statement, Frasers subscribed to 3.96 million shares at a price of 100 pence per share. Mulberry, which is listed...
Cascale Meeting: Sustainable transformation requires patience
loading... - Business
Around 600 corporate social responsibility (CSR) executives from the global textile industry gathered in Munich for Cascale’s annual member meeting. Representatives from major brands and retailers - from LVMH to Zalando, Marks & Spencer and Walmart - took to the stage and filled the audience to exchange progress and challenges on the path to...
Puma takes legal action against Shein for 'unauthorised distribution'
loading... - Business
Since the Chinese online marketplace Shein opened up to third-party sellers, an increasing number of branded products have recently appeared there whose distribution via the platform has not been authorised by the brands. This also includes the sports goods manufacturers Puma and Adidas. According to research by WirtschaftsWoche, Adidas Samba...
Three stripes or four? Thom Browne wins German trademark dispute against Adidas
loading... - Business
US fashion brand Thom Browne has won a trademark dispute with the sportswear giant Adidas in Germany. In its ruling of September 6, the Nuremberg-Fürth Regional Court ruled that the accusations of trademark infringement and unfair competition made by Adidas against Thom Browne are unfounded. The decision is not yet final and can still be...
Government overthrow in Bangladesh: “All factories are expected to be fully operational again from today”
loading... - Business | Interview
Bangladesh is the world's largest garment supplier after China. What does the political unrest of recent weeks mean for the fashion industry and what will happen now that the government has collapsed? After weeks of violent unrest in Bangladesh, in which around three hundred people have died and curfews have been imposed, there is growing hope...
Conversion up – Returns down: Sizekick wants to make webshops more profitable using AI sizing advice
loading... - Retail | Interview
Munich-based startup Sizekick wants to help fashion and sports retailers reduce returns in online commerce through precise sizing advice. Deep learning models and the Hohenstein Institute's huge body database ensure accuracy. The topic of returns is as old as online retail itself. Clothing brands in particular have to (learn to) live with the...
GAB Group takes over nine Scotch & Soda stores in Belgium
loading... - Business
Bluestar Alliance, owner of Scotch & Soda, has announced that the Alain Broekaert Group (GAB) has taken over nine Belgian Scotch & Soda stores, including those in Antwerp, Ghent and Bruges. They will continue as Scotch & Soda stores and reopen as early as autumn 2024. "We are delighted with this acquisition," said Alain Broekaert, CEO of GAB....
Mister Spex appoints Tobias Krauss as new chairman of the supervisory board
loading... - People
Eyewear retailer Mister Spex has announced the departure of Claus-Dietrich Lahrs as chairman of the company's supervisory board. This position is now being taken over by Tobias Krauss, who was unanimously elected by the board. Krauss has been a member of the supervisory board since 2020 and is CEO of Abacon Capital, the family office of the...
Decathlon develops recyclable swimwear with Resortecs
loading... - Business
French sporting goods chain Decathlon has teamed up with the Belgian textile recycling company Resortecs to develop a recyclable swimwear collection. The collection addresses the main problem with recycling swimwear to date, which has been that swimwear fabrics usually have high elastane content, but elastane cannot yet be separated from the...