Wrangler steps into footwear with Genesco
As part fo the deal, Genesco will design, source, and market men's, women's, and children's footwear under the Wrangler name. The partnership, slated for Fall 2026, will launch with an initial collection featuring a blend of classic Wrangler inspired designs and more trend-driven styles.
'We are thrilled to partner with Genesco, an industry leader with a proven track record of successfully interpreting brands and bringing compelling footwear to market,' said Steve Armus, vice president of licensing and collaborations at Wrangler.
'This licensing agreement represents a promising opportunity to introduce Wrangler footwear to a wide audience. We believe this partnership will strengthen our brand presence and allow more consumers to experience the quality and heritage of Wrangler in an exciting new product category.'
The strategic partnership marks Wrangler's continued evolution into a full-fledged lifestyle brand, expanding its footprint beyond apparel and reinforcing its position in the market across both apparel and footwear.
'Partnering with Wrangler presents a meaningful opportunity to accelerate growth in our Genesco Brands Group portfolio,' said Rick Higgins, president of Genesco Brands Group.
'We're excited to leverage our know-how to build a footwear assortment that honors Wrangler's legacy of adventure, new frontiers and craftsmanship. From everyday workwear to casual lifestyle to Western-inspired silhouettes, we see significant potential to blend rugged authenticity with unique styling, storytelling, innovation and comfort.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Euronews
6 hours ago
- Euronews
Are immigrants earning less than native workers?
Immigrants earn, on average, 17.9% less per year than natives in Europe and North America, according to a Nature study. The research analysed the salaries of 13.5 million workers across nine countries, including Denmark, France, Germany, the Netherlands, Norway, Spain, and Sweden, between 2016 and 2019. Three-quarters of this pay gap was the result of a lack of access to higher-paying jobs, while only one-quarter of the gap was attributed to pay differences between migrant and native-born workers in the same job. In Spain, the pay gap was over 29%, the highest among all seven European countries. Foreigners make up 13% of the nation's workforce, contributing to economic growth and population increase. In Norway, Germany, France and the Netherlands, immigrants earn between 15% and 20% less than natives. Meanwhile, in Sweden—a country where many employed immigrants find work in the public sector—it was just 7%. The place where immigrants were born also mattered. The highest average overall pay gaps were for immigrants from sub-Saharan Africa, at 26.1%, and the Middle East and North Africa, at 23.7%. Immigrants from Europe, North America and other Western countries experienced a much smaller average pay difference compared to natives, at just 9%. However, the children of immigrants had a substantially smaller earnings gap, earning an average of 5.7% less than workers with native-born parents. Within-job pay differences between natives and children of immigrants are uniformly very small, at less than 2% in all countries. What can be done to tackle this pay gap? In 2023, 39.4% of non-EU citizens were overqualified for the jobs they were in, according to the latest Eurostat figures. According to a McKinsey study, improving social mobility could raise the Gross Domestic Product (GDP) of European countries by 3% to 9% and close the skills gap expected by 2030 without needing new training or reskilling. A set of measures can be implemented to reduce job-level segregation effectively, the study's researchers found. This includes language training, job training, job search assistance programmes which directly connect workers to employers, improved access to domestic education, and recognition of foreign qualifications. Currently, some EU countries have implemented initiatives to tackle this issue. In 2024, Germany enforced the Skilled Immigration Act, which allowed foreign graduates to work while their degrees are being formally recognised. France this year reformed its "Carte Talent" permit - a multi-year residence permit for foreign nationals in France - to attract skilled professionals and address labour shortages, especially in healthcare. "These kinds of policies help ensure that foreign-born workers can contribute at their full capacity, and that countries can reap the full benefits of immigration in terms of productivity gains, higher tax revenue and reduced inequality," stated the paper's researchers Marta M. Elvira, Are Skeie Hermansen and Andrew Penner. "Smart immigration policy doesn't end at the border - it starts there."
Euronews
13 hours ago
- Euronews
Trade issues on the table at scaled-back EU-China summit in China
European leaders were pushing for rebalancing trade at the EU-China summit with President Xi Jinping on Thursday. Focusing their opening remarks on trade, they called for concrete progress to address Europe's yawning trade deficit with China. "As our cooperation has deepened, so have the imbalances," European Commission President Ursula von der Leyen said. "We have reached an inflection point. Rebalancing our bilateral relations is essential. Because to be sustainable, relations need to be mutually beneficial." Expectations were low for the talks, initially supposed to last two days but scaled back to one. They come amid financial uncertainty around the world, wars in the Middle East and Ukraine, and the threat of US tariffs. Neither the EU nor China is likely to budge on key issues dividing the two economic juggernauts. European Council President António Costa called on China to use its influence over Russia to bring an end to the war in Ukraine — a long-running plea from European leaders that is likely to fall on deaf ears. He signalled a possible agreement on climate, saying he looks forward to "a strong joint political message" from the summit ahead of annual UN climate talks in November in Brazil. That could follow their talks with China's Premier Li Qiang later Thursday. Xi called on China and Europe to deepen cooperation and mutual trust to provide stability in an increasingly complex international environment, China's state broadcaster CCTV reported online. They should set aside differences and seek common ground, he said, a phrase he often uses in relationships like the one with the EU. Treading carefully not to get too close Besides the trade imbalance and the Ukraine war, Von der Leyen and Costa were expected to raise concerns about Chinese cyberattacks and espionage, its restrictions on the export of rare earth minerals and its human rights record in Tibet, Hong Kong and Xinjiang. The EU, meanwhile, has concerns about a looming trade battle with the United States. "Europe is being very careful not to antagonise President Trump even further by looking maybe too close to China, so all of that doesn't make this summit easier," said Fabian Zuleeg, chief economist of the European Policy Centre. "It will be very hard to achieve something concrete." China's stance has hardened on the EU, despite a few olive branches, like the suspension of sanctions on European lawmakers who criticised Beijing's human rights record in Xinjiang, a region in northwestern China home to the Uyghurs. China believes it has successfully weathered the US tariffs storm because of its aggressive posture, said Noah Barkin, an analyst at the Rhodium Group think tank. Barkin said that Beijing's bold tactics that worked with Washington should work with other Western powers. "China has come away emboldened from its trade confrontation with Trump. That has reduced its appetite for making concessions to the EU," he said. "Now that Trump has backed down, China sees less of a need to woo Europe." China is the EU's second-largest trading partner in goods, after the United States, with about 30% of global trade flowing between them. Both China and the EU want to use their economies ties to stabilise the global economy, and they share some climate goals. But deep disagreements run through those overlapping interests. Division on trade China and the EU have multiple trade disputes across a range of industries, but no disagreement is as sharp as their enormous trade imbalance. Like the US, the 27-nation bloc runs a massive trade deficit with China — around €300 billion last year. It relies heavily on China for critical minerals, which are also used to make magnets for cars and appliances. When China curtailed the export of those minerals in the wake of US President Donald Trump's tariffs, European automakers cried foul. The EU has tariffs on Chinese electric vehicles in order to support its own carmakers by balancing out Beijing's own heavy auto subsidies. China would like those tariffs to be revoked. The rapid growth in China's market share in Europe has sparked concern that Chinese cars will eventually threaten the EU's ability to produce its own green technology to combat climate change. Business groups and unions also fear that the jobs of 2.5 million auto industry workers could be put in jeopardy, as well as those of 10.3 million more people whose employment depends indirectly on EV production. China has also launched investigations into European pork and dairy products, and placed tariffs on French cognac and armagnac. They have criticised new EU regulations of medical equipment sales, and fear upcoming legislation that could further target Chinese industries, said Alicia García-Herrero, a China analyst at the Bruegel think tank. In June, the EU announced that Chinese medical equipment companies were to be excluded from any government purchases of more than €5 million (nearly $6 million). The measure seeks to incentivise China to cease its discrimination against EU firms, the bloc said, accusing China of erecting "significant and recurring legal and administrative barriers to its procurement market." European companies are largely seeing declining profitability in China. But the EU has leverage because China still needs to sell goods to the bloc, García-Herrero said. "The EU remains China's largest export market, so China has every intention to keep it this way, especially given the pressure coming from the U.S.," she said. It was unclear why the initial plan for the summit of two days was curtailed to just one in Beijing. War on Europe's doorstep The clear majority of Europeans favour increasing aid to Ukraine and more sanctions on Russia. The latest sanctions package on Russia also listed Chinese firms, including two large banks that the EU accused of being linked to Russia's war industry. China's commerce ministry said that it was "strongly dissatisfied with and firmly opposed to" the listing and vowed to respond with "necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises and financial institutions." Xi and Putin have had a close relationship, which is also reflected in the countries' ties. China has become a major customer for Russian oil and gas, and a source of key technologies following sweeping Western sanctions on Moscow. In May, Xi attended a Victory Day celebration alongside Putin in Moscow, but didn't attend a similar EU event in Brussels celebrating the end of World War II. Von der Leyen and Costa will press Xi and Li to slash their support of Russia, but with likely little effect. Beyond Beijing and Washington Buffeted between a combative Washington and a hard-line Beijing, the EU has more publicly sought new alliances elsewhere, inking a trade pact with Indonesia, heaping praise on Japan and drafting trade deals with South America and Mexico. "We also know that 87% of global trade is with other countries — many of them looking for stability and opportunity. That is why I am here for this visit to Japan to deepen our ties," Von der Leyen said in Tokyo during an EU-Japan summit on her way to Beijing. "Both Europe and Japan see a world around us where protectionist instincts grow, weaknesses get weaponised, and every dependency exploited. So it is normal that two like-minded partners come together to make each other stronger." Promoting ties with Europe is one third of Japan's new 2025 military doctrine, after sustaining defence links with the US and investing in capabilities at home like missiles, satellites, warships, and drones.
LeMonde
2 days ago
- LeMonde
China rebukes EU over Russia sanctions targeting its banks
China's commerce minister lodged "solemn representations" to his EU counterpart over two Chinese banks' inclusion in the bloc's sanctions on Russia over the Ukraine war, Beijing said Wednesday, July 23. EU bosses Antonio Costa and Ursula von der Leyen will be in Beijing on Thursday for talks with top Chinese leaders over tense topics like trade and the war in Ukraine, but in which few concrete outcomes are expected. The summit comes less than a week after the European Union adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow's oil exports. The 18 th round of economic measures from Europe against Russia since its 2022 invasion comes as allies hope US President Donald Trump follows through on his threat to punish Moscow for stalling peace efforts. Among other targets, sanctions will be placed on a Russian-owned oil refinery in India and two Chinese banks as the EU seeks to curb Moscow's ties with international partners. And in talks with EU trade chief Maros Sefcovic on Tuesday, the Chinese commerce ministry said Commerce Minister Wang Wentao "made solemn representations regarding the inclusion of two Chinese financial institutions in the EU's 18 th round of sanctions against Russia." Brussels says China's deepening political and economic relations with Russia since the 2022 invasion represent tacit support for Moscow that has helped its economy weather sweeping Western sanctions. China denies the claims.
