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Coats Group completes acquisition of OrthoLite, restructures divisions

Coats Group has announced the completion of its acquisition of footwear materials provider OrthoLite. The UK-based company said the takeover reflected a major milestone in its long-term growth plans, strengthening its existing footwear division through the expansion. With the acquisition, which was valued at 770 million dollars and included...

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Fashion |Interview

Wilson Smith & Tate Kuerbis, and the rise of sneakers as cultural currency

Close your eyes and try to picture this scene. It’s 1986, at Nike head office in Washington County, Oregon and architect Wilson Smith III, who has been working with Nike as a showroom, store and corporate office designer has just been asked if he can come to the back room for a talk. “I went in expecting the worst,” he recalls to FashionUnited...

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