Key Takeaways BASF signed an MoU with San Fang and Nichetech to develop sustainable, circular materials for footwear.BASFY and partners launched GRS-certified TPU films with verified recycled content.BASF, San Fang and Nichetech combine expertise to cut carbon emissions and scale recycled materials by 2050.BASF SE (BASFY) partnered with San Fang Chemical Industrial Co., and Nichetech Advanced Materials Co. by signing a Memorandum of Understanding (MoU) to collaborate in the development of sustainable, circu ...

Riverwater Partners, an investment management company, released its “Small Cap Strategy” Q3 2025 investor letter. A copy of the letter can be downloaded here. The Small Cap Core Strategy reported solid results for the quarter but did not keep pace with the sharp rally, thus lagging the benchmark. The market’s preference for lower-quality companies persisted in the quarter and contributed significantly to the benchmark’s outperformance. On the other hand, the strategy remains focused on higher-quality compa ...

Joining me now, Brian Jacobson, chief economist, Annex Wealth Management. Brian, great to have you back. Thanks for joining us.>> Yeah, thank you for having me. >> Brian, you say there's quite a bit to like about the outlook for 2026. Kick things off and tell us what you like.>> Sure. Well, I think maybe part of it is that it's not 2025. that uh was a little bit of a low bar there in terms of the policy uncertainty that we knew that we were going to be facing in terms of, you know, tariffs, taxes, all sorts ...

RENO, Nev., Dec. 15, 2025 (GLOBE NEWSWIRE) -- GlobalTech Corporation (OTC:GLTK) (“GlobalTech”), a U.S. - headquartered technology holding company focused on artificial intelligence (AI), big data, and emerging technologies, today announced that D. Boral Capital LLC (“D. Boral”) is its strategic advisor in connection with the recently announced planned acquisition of 123 Investments Limited d/b/a Moda in Pelle (MIP) and to provide general financial advisory services to the Company related to the acquisition. ...

The Ermenegildo Zegna Group has come back for more Norda. A second round of investment has been announced by the five-year-old trail-running brand. The Ermenegildo Zegna Group initially approached Norda in 2021 — when the brand had just launched its first shoe, the 001 — and made its first investment in 2023. Norda now has five shoes on the market, as well as several offshoots of its 001, as well as a range of apparel and accessories. More from WWD “We’ve seen continued, unprecedented growth since we fi ...

天眼查App显示，近日，新余市渴望鞋业有限公司成立，法定代表人为华冬娥，注册资本1万人民币， 经营范围为一般项目：鞋帽批发，制鞋原辅材料销售，鞋帽零售，皮革销售，服装服饰批发，互联网销 售（除销售需要许可的商品），日用百货销售，服装辅料销售，箱包销售，工艺美术品及收藏品零售 （象牙及其制品除外），家居用品销售，电子产品销售，办公用品销售，体育用品及器材零售，家用电 器销售，珠宝首饰零售，钟表销售，眼镜销售（不含隐形眼镜），化妆品零售，通讯设备销售，照相机 及器材销售，橡胶制品销售，建筑材料销售，卫生陶瓷制品销售，针纺织品销售，灯具销售，家具销 售，汽车装饰用品销售，玩具销售，户外用品销售（除依法须经批准的项目外，凭营业执照依法自主开 展经营活动）。 ...

Footwear specialist stock Birkenstock Holding (BIRK) has been moving steadily higher since its Nov. 6 two-year low of $38.16, last seen up 0.8% to trade at $45.02. The equity has broken past several moving averages during its climb, most recently closing above the 80-day moving average for the first time in 21 trading days. Per Schaeffer’s Senior Quantitative Analyst Rocky White, this “crossover” event has occurred three times over the past three years, after which BIRK was higher one month later 100% of th ...

Key Takeaways SPB boosts brand equity through marketing, product development and expanded digital channels.SPB delivers more than $50M in fiscal 2025 savings via workforce cuts and space rightsizing.SPB offsets tariff pressures with price hikes and supplier concessions, aiding sales and profitability.Spectrum Brands Holdings Inc. (SPB) is strategically investing in brand equity, digital channels and innovations. The company has made significant investments in marketing, product development and e-commerce, e ...

核心观点 - 公司Caleres在2025年第三季度实现净销售额增长，但盈利能力因收购整合、成本上升及毛利率压力而显著下滑，并对2025财年剩余时间及新收购品牌Stuart Weitzman的业绩持谨慎预期 [1][2][4][6] 财务表现 - 截至2025年11月1日的13周内，公司净销售额达7.901亿美元，较去年同期的7.409亿美元增长6.6% [1] - 品牌组合部门销售额增长18.8%，部分抵消了Famous Footwear部门2.2%的销售额下滑 [1] - 直接面向消费者的销售额约占当季总净销售额的71% [1] - 第三季度毛利润增至3.299亿美元（去年同期为3.269亿美元），但毛利率下降230个基点至41.8% [2] - 当季Famous Footwear和品牌组合部门的毛利率分别下降130个基点和350个基点 [3] - 销售及行政管理费用攀升至3.113亿美元，占净销售额的39.4%，较去年上升310个基点，其中新收购的Stuart Weitzman品牌带来3220万美元相关费用 [3] - 剔除Stuart Weitzman的影响后，销售及行政管理费用仍增加1000万美元，主要因去年同期释放了激励薪酬导致对比基数不利 [4] - 根据美国通用会计准则，第三季度净利润大幅降至240万美元（摊薄后每股收益0.07美元），去年同期为4140万美元（摊薄后每股收益1.19美元） [4] - 季度末库存为6.782亿美元，较去年增加9200万美元，其中Stuart Weitzman贡献了7700万美元 [5] 管理层评论与业务动态 - 公司总裁兼首席执行官指出，第三季度销售额超出内部预期，品牌组合部门实现有机增长，核心品牌表现强劲，Famous Footwear趋势逐季改善，且两大业务部门的电商势头加速 [2] - 公司于2025年8月以1.202亿美元完成了对Tapestry旗下品牌Stuart Weitzman的收购 [1] - 管理层表示，在本财年剩余时间里，将致力于将Stuart Weitzman业务整合至公司系统，并清理过时和过剩库存，同时制定品牌的长期增长和盈利战略，预计在2026财年开始释放协同成本节约 [7] 业绩展望 - 公司预计在2025财年剩余时间内，持续的关税逆风将继续对毛利率构成压力 [6] - Stuart Weitzman预计将继续成为稀释盈利的重要因素 [6] - 公司预计2025财年全年，按美国通用会计准则计算的摊薄后每股亏损将在0.13美元至0.18美元之间 [6] - 调整后摊薄每股收益预计在0.55美元至0.60美元之间，其中包含了Stuart Weitzman带来的约0.60美元至0.65美元的稀释影响 [6]

After finalizing its acquisition of Stuart Weitzman from Tapestry in August, Caleres management is focused on turning around the business in 2026. On the company’s third quarter conference call on Tuesday, Caleres president and chief executive officer Jay Schmidt walked analysts through what’s working and what’s not as Caleres moves toward bringing Stuart Weitzman to breakeven in 2026 and profitability thereafter. More from WWD “As many of you know, the brand under Tapestry ownership has been underperfor ...