Fashion
Oofos appoints new co-CEOs
Published
October 22, 2025
U.S. footwear brand Oofos on Wednesday announced the appointment of co-founder Lou Panaccione and footwear expert Angel Martinez to the roles of co-chief executive officers.
As co-CEOs, Martinez will oversee brand, product creation, sales, and marketing, while Panaccione will focus on product development, operations, supply chain, finance, and culture.
The Massachusetts-based company said the leadership restructure “reflects a shared vision for the future” and a “readiness for continued expansion,” according to a press release.
Martinez first joined the Oofos board of directors in early 2025. She brings to Oofos decades of leadership experience in the footwear industry, having served as a founding executive at Reebok, CEO of The Rockport Company, CEO and vice chairman of Keen, and president, CEO, and chairman of Deckers Brands.
Panaccione co-founded Oofos, a recovery footwear brand known for its proprietary OOfoam technology, in 2011 with Paul Brown, Juan Diaz and Steve Liggett.
“Oofos started with a simple idea — to help people feel good — and I couldn’t be prouder of our team and how far we’ve come,” said Panaccione.
“Angel’s proven ability to grow brands and his deep understanding of what makes great product, business and culture align make him the ideal partner for this next chapter. Together, we’ll continue to build on OOFOS’ momentum, strengthening our foundation and expanding our reach.”
Coinciding with the leadership restructure, Liz White has been promoted to chief commercial officer, expanding her role beyond chief marketing officer to oversee all commercial functions, including North American sales, e-commerce, and merchandising. White joined the company in January.
Earlier this year, Oofos announced the launch of its first brick-and-mortar retail locations across the United States, with one locations opening in Pentagon City in Arlington, VA, the Mall of Georgia in Buford, GA, and the Florida Mall in Orlando, FL.
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US swimwear imports dipped slightly to $420.1 million in January–July 2025 despite higher volumes, as average prices softened to $55.66 per dozen.
Demand shifted towards basic, value-driven swimwear amid cautious consumer spending.
Vietnam overtook China as the top supplier with a 31.8 per cent share, reflecting ongoing sourcing diversification and cost advantages.
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Published
October 23, 2025
On Wednesday, the European Parliament rejected the mandate requested by the Legal Affairs Committee regarding the Omnibus 1 directive, which sought to negotiate a further simplification of the rules on sustainability and due diligence.
The vote was 309 in favour and 318 against the Committee’s approach, with 34 abstentions. On November 13, MEPs will now vote on the simplification of the rules on sustainability and due diligence.
Following this vote, discussions will be held with the various European governments. The aim is to finalise the legislation by the end of 2025.
MEPs rejected the latest amendments proposed by the Legal Affairs Committee in part because they further weakened the text. The Committee proposed applying the duty of vigilance only to companies with more than 5,000 employees and an annual turnover of at least €1.5 billion, compared with 1,000 employees and €450 million in the initial version.
In addition, the Committee argued that companies breaching these rules should not be subject to civil liability at EU level.
The duty of vigilance voted in April 2024 was already a much-diluted version of the original draft, now limiting its application to very large companies. The companies concerned are required to prevent, identify and remedy human and social rights violations (child labour, forced labour, and safety) and environmental damage (deforestation and pollution) across their value chains worldwide, including among their suppliers, subcontractors and subsidiaries.
A step backwards had begun at the start of the year. France, which regularly boasts of having been a pioneer in this field with its own national duty of vigilance, had itself begun to slow progress on the European text. In May, the French President himself called for the European duty of vigilance proposal to be scrapped.
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Published
October 22, 2025
French sportswear brand Salomon is planting roots on the West Coast with the opening of its first California retail store in West Hollywood.
Located at 8620 Melrose Avenue, the new space will serve as a hub for the brand’s rapidly growing Sportstyle category, blending function and style in the heart of Los Angeles.
Salomon previewed the opening with a public pop-up at Skylight Row DTLA earlier this month, spotlighting its iconic XT-6 silhouette. The installation, part of Salomon’s Invented/Reinvented campaign, took the form of a multisensory gallery experience celebrating how the XT-6 has been reimagined by global audiences.
“Opening our first California store in West Hollywood marks a significant moment for Salomon—not only as a milestone in our growth within the U.S., but as a deeper commitment to a city that thrives on culture, creativity, and constant reinvention,” said Jenny Taylor, Salomon’s vice president of marketing, North America.
“Los Angeles has always been a global hub for movement and expression—values that are core to who we are. We envision this new space as more than a store; it’s a gathering point for the LA community, and a place to connect, create, and explore together.”
The West Hollywood boutique is Salomon’s fourth retail location in the region and its first on the West Coast. The opening is part of a broader growth strategy that includes five U.S. store launches planned through 2025.
Most recently, in August, it opened a new retail location in Chicago’s Bucktown neighborhood.
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