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Advance Capital Partners to acquire 60% stake in Slovenian retailer Mass
Advance Capital Partners to acquire 60% stake in Slovenian retailer Mass

Yahoo

time12 hours ago

  • Business
  • Yahoo

Advance Capital Partners to acquire 60% stake in Slovenian retailer Mass

Owners of Slovenian footwear retailer Mass have agreed to transfer a 60% equity stake in the company to Advance Capital Partners. Mass, with a workforce of 520 across Slovenia, Croatia and Austria, has charted significant growth since being founded in 1990. Mass CEO and founder Sašo Apostolovski stated that the company has chosen to align with Advance Capital Partners to capitalise on its potential: 'Our goal is to further strengthen our position in Slovenia and Croatia and expand our operations in Austria. With Advance Capital Partners' support, we also plan to soon expand our retail and online footprint to the Czech Republic, Bulgaria, and Romania, and within five years to enter additional CEE [central and east European] markets. The entire region shows promise in the footwear and fashion accessories segment, and consumer spending in this part of Europe is expected to grow at an above-average rate." Founded in 1990 with its first store in Ljubljana, Slovenia, Mass ventured into the Croatian market two decades later and expanded into Austria in 2024. The company operates under the Mass brand and the Skechers franchise, with a total of six Mass stores and one Skechers store in Austria. Mass Group has 75 Mass and Skechers stores and has been investing in its e-commerce platform for several years with a goal of double-digit revenue growth by 2025 and €110m ($127.83m) in revenue. Current forecasts indicate that Europe's footwear market is set to exceed €100bn in annual revenue for the first time, with the CEE region anticipated to experience the most robust growth. Advance Capital Partners Management Board president Aleš Škerlak stated: "Over the next five years, we aim to open approximately 100 new stores and triple annual revenue to around €300m. 'On the one hand, we want Mass to expand across its three existing markets; on the other hand, enter new countries and, by upgrading its business model, become the leading omnichannel footwear and fashion accessories retailer in CEE." The deal is subject to the fulfilment of certain conditions and the receipt of regulatory clearances from competition authorities. The investment fund managed by Advance Capital Partners anticipates finalising the transaction by autumn 2025. Apostolovski and other existing partners will retain a 40% equity stake in the company. They will remain actively involved in the operations of the Mass group after the transaction with Advance Capital Partners is concluded. "Advance Capital Partners to acquire 60% stake in Slovenian retailer Mass" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Massive Skechers sale live from $9 at Amazon — 15 deals I'd shop now on sneakers and apparel
Massive Skechers sale live from $9 at Amazon — 15 deals I'd shop now on sneakers and apparel

Tom's Guide

time12 hours ago

  • Entertainment
  • Tom's Guide

Massive Skechers sale live from $9 at Amazon — 15 deals I'd shop now on sneakers and apparel

Amazon is one of my favorite places to go for Skechers deals! Even though we're just off the back of a big sales event, you can currently still snag Skechers deals from just $9 at Amazon. But with so many to choose from, which ones should you go for? For starters, I highly recommend the Skechers Go Run Elevate 2.0 on sale from $43 at Amazon. We gave them 4 stars in our Skechers Go Run Elevate 2.0 review, praising their bouncy and comfortable feel underfoot. They're great for beginner runners, and they're even more affordable with a discount applied. Note that prices vary based on your choice of size and color, so check out the different color options in your size to score the best deals. For more savings, see our Amazon promo codes coverage, and check out the deals I'd shop from $15 in Amazon's Yeti sale. The Skechers Tantric are on sale for a super-cheap price, although the discount doesn't apply to all sizes and colors. These are super comfortable to wear thanks to their soft perforated footbed and canvas strap. Score these comfortable Skechers sneakers starting from $14. They feature a Skechers memory foam footbed and come in four stylish color options. Reviewers on Amazon say these are sturdy and fit true to size. These creatively-named Skechers wedges are on sale for a steal in certain sizes and colors! These sandals are super comfortable to wear thanks to their stretchy strap and Memory Foam footbed. I love the color option with the sparkly jewels on the strap! There isn't much better on the beach than these Skechers thong sandals. They have a very supportive design, with a Luxe Foam cushioned comfort insole and a shock-absorbing midsole that means you can wear them for hours without any discomfort. They look cool, too. These classic sneakers from Skechers are extra comfortable thanks to their Air-Cooled Memory Foam insole. They have a premium feel thanks to their suede upper, meaning you can wear them to dress up or dress down. These Skechers flip-flops are super cute thanks to their decorative crochet strap. But they're comfortable too, with Skechers Yoga Foam cushioned soles to keep you light on your feet even on long walks on the beach. These are the best Skechers slip-ins we've tested, so they're the ones to get if you want a super easy way to put your shoes on. They're lightweight, stretchy and breathable. In our Skechers Slip Ins Dazzling Haze review, we said they're perfect for low-impact activities like walking, light resistance training and dance cardio. If you prefer the classic slip-on look, the Go-Walk 5 Skechers have a soft, breathable, knitted upper that is comfortable across the top of your foot, whether you're wearing socks or not. They are machine washable, comfortable underfoot, and by design, extremely easy to slip on and off. These Skechers loafers are both smart and comfortable. They blend in well everywhere, from the office to the beach! With air-cooled memory foam underfoot and a stretch knit upper, your feet will be supported, and there's no chance of blisters. I'm a big fan of the sharp range of black and brown color options this shoe comes in, and they're super comfortable to boot, thanks to their Skechers Memory Foam cushioned comfort insole. They also have a flexible traction outsole that moves with you and keeps you steady on rough terrain. If you're hitting the road, these Skechers are an excellent choice. Our Skechers Go Run Elevate 2.0 review said that these are great for beginner runners thanks to their affordable price point, bouncy and propulsive soles and breathable design. We rank these shoes as the best Skechers for novice runners. These extremely light and breathable shoes are supportive, durable and come in at an affordable price point. However, we noted in our Skechers Go Run Lite review that you'll eventually want to upgrade to a shoe that is engineered for running longer distances if you do get serious about the sport. This Skechers Men's Polo is a total steal priced from $9 in certain sizes and colors. Made of Go Dri All Day fabric, it's lightweight, breathable and dries fast. It comes in white, black and three shades of blue. This Skechers tunic is a great choice to beat the heat. It's made of GO DRI SWIFT fabric that wicks sweat and dries fast. It also offers UPF 40+ protection and 4-way stretch. Plus, the side slits offer extra mobility without sacrificing coverage. Comfortable leggings are always welcome, whether you're at the gym or lounging around the house. We like these because they have exterior side pockets and a cotton-like feel, as well as 4-way stretch and moisture-wicking material.

This Black Friday in July Sale Has So Many Travel Sneakers on Sale Up to 48% Off
This Black Friday in July Sale Has So Many Travel Sneakers on Sale Up to 48% Off

Travel + Leisure

timea day ago

  • Lifestyle
  • Travel + Leisure

This Black Friday in July Sale Has So Many Travel Sneakers on Sale Up to 48% Off

If you typically prefer to wait until November to shop for clothes, accessories, and shoes, consider this your sign to get an early start this year. QVC is running a Black Friday in July sale right now, and the savings on items like travel-ready shoes are just as good as end-of-year deals. This sneaker sale has picks from so many top brands, including Vionic, Dr. Scholl's, Dearfoams, Skechers, and more, and prices start at $31. Below, shop the 10 best deals on comfortable sneakers that reduce foot pain, offer support, and are designed for walking while they're up to 48 percent off. New York & Company Raphaela Low Top Platform Sneakers, $31 (originally $52) Skechers Sneak Peek Summits Washable Knit Slip-On Sneaker, $51 (originally $75) White Mountain Lace-Up Sneaker, $42 (originally $60) Vionic Presley Suede and Mesh Walking Sneaker, $122 (originally $133) Dr. Scholl's Be True Casual Sneakers, $64 (originally $70) Ryka Walking Sneakers, $60 (originally $73) Dearfoams Lightweight Slip-On Lace Up Sneaker, $45 (originally $57) Skechers Slip-Ins Go Walk Travel Bungee Sneakers, $78 (originally $85) Skechers Go Walk Rosa Linda Arch Fit 2.0 Knit Slip-Ons, $80 (originally $90) Skechers Bobs Sport Arc Waves 2.0 Glidestep Now In Sneakers, $54 (originally $65) For a pair of shoes that are designed for summer, snag these walking sneakers from Ryka that have a breathable mesh exterior to keep your feet cool. The sneakers feature a padded heel tab that makes them easy to slip on and off and an ActivFoam gel insert to provide cushioning and support. One shopper with arthritis had a hard time finding sneakers for their '4- to 6-mile daily treks' until they found these 'lightweight, well-cushioned, and supportive shoes.' If you find yourself always on the go, these sneakers are an ideal pick, particularly when you're exploring a new city or running errands. The casual style features a cushioned foam insole for arch support, and they have a lightweight and flexible outsole for added comfort. One person called them a 'great travel shoe for walking through Europe," adding that they are 'so comfortable.' While most sneakers have a lace-up style for stability and comfort, this Skechers pair achieves the same result with an easy slip-on design. The casual sneaker has a mesh exterior that comes in mauve, black, navy, and white, and a scalloped collar that makes them an especially stylish pick. They're the 'most comfortable shoes' one reviewer has ever worn, while another noted that they are great 'for dress-up occasions.' These sneakers offer an ideal balance of support and style that is necessary for a travel shoe. They have a sleek mesh exterior that comes in blush, navy, tan, and black, and a memory foam insole for ensured comfort. The shoes are machine washable for easy maintenance, and 'they go well with everything,' according to one review. Keep scrolling to shop more on-sale sneakers during QVC's Black Friday in July sale. Love a great deal? Sign up for our T+L Recommends newsletter and we'll send you our favorite travel products each week.

'Signed With Love': Cha Eun-Woo Drops Exclusive Skechers Collab Apparel Collection
'Signed With Love': Cha Eun-Woo Drops Exclusive Skechers Collab Apparel Collection

Hype Malaysia

time2 days ago

  • Entertainment
  • Hype Malaysia

'Signed With Love': Cha Eun-Woo Drops Exclusive Skechers Collab Apparel Collection

AROHA's have been counting down the final days before ASTRO (아스트로) member Cha Eun-woo (차은우) begins his military service on 28th July (Monday). As fans hope for one last meaningful moment with him, Skechers is stepping in to deliver just that—dropping a special apparel collection in celebration of Cha Eun-woo's three unforgettable years as the brand's Regional Ambassador. It's more than a fashion release—it's a heartfelt tribute to both his journey and the fans who have stood by him. Personally directed by Cha Eun-woo, the collection blends his clean, effortless style with deeply personal touches. From his handwritten logo to carefully chosen colourways, each detail highlights his connection to fans and offers something tangible to remember him by. More than just clothing, it's a sentimental send-off—something fans can wear and hold onto until the day he returns. The collection features two key pieces with a sleek, minimalist design that lets the details shine. Each item highlights Eun-woo's handwritten name alongside the Skechers logo—subtle yet powerful symbols of his connection to fans. First up is a Unisex Short-Sleeved T-shirt, available in two timeless colours: Sleek Black and Snow White. It's the kind of everyday essential that brings comfort and style together with ease. Designed for breathability and all-day wear, the T-shirt is perfect for fans in warm climates or those who love a laid-back look. Its soft, lightweight fabric and relaxed fit make it a go-to option for any occasion. Whether styled on its own or layered, this piece delivers comfort and meaning in equal measure. Also included in the drop is a Unisex Woven Jacket made for fans always on the move. It offers a fresh take on streetwear, with Cha Eun-woo's personal touch in every stitch. Crafted from lightweight polyester, it's easy to wear, great for layering, and ideal for transitional weather. Whether you're heading out or dressing down, it effortlessly blends fashion and function. Clean lines, subtle branding, and thoughtful construction give the jacket a modern appeal, available in the same colour options as the T-shirts. The relaxed silhouette flatters all body types, while Cha Eun-woo's signature detail adds a meaningful, personal touch. It's more than just outerwear; it's a symbol of his gratitude and connection with fans. To make this release even more special, each purchase includes an exclusive Skechers x Cha Eun-woo storage bag. The bag features a playful, doodle-style version of the Skechers logo, personally drawn by Cha Eun-woo, alongside his handwritten name. It's a charming, collectable bonus that reflects his unique personality. But that's not all! For a limited time, fans who purchase both the T-shirt and jacket will also receive a complete set of exclusive Cha Eun-woo photocards. And for those who collect the full set, a purple hardcover sleeve stamped with the Skechers x Cha Eun-woo logo awaits, adding the perfect finishing touch to this emotional, unforgettable collection. Zaima Humaria contributed to this article.

Skechers to occupy former Patek Philippe space on Hong Kong Causeway Bay's Russell Street
Skechers to occupy former Patek Philippe space on Hong Kong Causeway Bay's Russell Street

South China Morning Post

time2 days ago

  • Business
  • South China Morning Post

Skechers to occupy former Patek Philippe space on Hong Kong Causeway Bay's Russell Street

Skechers, an American footwear and apparel company, is taking advantage of a slump in Hong Kong's retail market by filling a space previously occupied by high-end Swiss watchmaker Patek Philippe on Causeway Bay's Russell Street, one of the city's most expensive shopping strips. A 1,036 sq ft shop on the ground floor of 50-52 Russell Street was leased to Skechers for three years at a monthly rent of HK$360,000 (US$45,860), or HK$347 per square foot, according to Rickey Chan, managing director of Dorbo Realty. Agents said Patek Philippe's lease had it paying HK$550,000 a month, meaning Skechers was paying 35 per cent less than the Swiss watchmaker, though the monthly rent once surged to HK$1.86 million when the market was at its zenith. In 2018, at the peak of the market, tenants along Russell Street, which stretches for 250 metres, paid as much as an average of US$2,671 per square foot in annual rent, beating global shopping strips like the Champs Elysees in Paris, Omotesando in Tokyo and Fifth Avenue in Manhattan, according to Cushman & Wakefield. The Skechers lease was the latest shake-up in the tenant mix of Causeway Bay, one of Hong Kong's four core shopping districts, as the city's retail industry grapples with challenging economic conditions and the changing spending habits of locals and tourists.

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