KNS International announced on Tuesday its acquisition of women’s footwear brand Birdies.
KNS International acquires footwear brand Birdies. – Birdies
Birdies joins KNS’s expanding brand portfolio, which includes Journee, Taft, and Vance, reinforcing the company’s commitment to delivering high-quality, stylish footwear to a global audience.
“I have long admired the Birdies brand and the creative vision that founders Bianca Gates and Marisa Sharkey brought to life,” said Greg Tunney, chief executive officer of KNS.
“Their direct-to-consumer approach has resonated with women across the globe, enabling the brand to punch above its weight in the footwear category. Birdies will be a flagship brand within the KNS portfolio, bringing a combination of fashion and comfort for its expanding base of consumers.”
Birdies launched in 2015 as a direct-to-consumer brand. In 2019, it raised $8 million in a round of series A funding, led by Norwest Venture Partners, as well as the brand’s existing institutional investors Forerunner Ventures and Slow Ventures.
Today, it still primarily sells through its website, with additional distribution through marketplace and limited wholesale partnerships. The brand has a devoted following that includes Meghan Markle, The Duchess of Sussex; Olivia Palermo; and Erin Andrews.
“We are thrilled to join the KNS family, a company that shares our passion for innovation, quality, and the consumer,” added Bianca Gates, co-founder of Birdies, who will join KNS as brand president.
“This partnership marks an exciting new chapter, enabling us to scale our mission of delivering both comfort and style in a way that resonates with our loyal customers. With KNS’ extensive expertise and resources, Birdies will quickly have the opportunity to expand our reach while staying true to the products and community that define Birdies. The future for Birdies’ team, customers and partners alike will continue to soar as we enter into this exciting partnership with KNS.”
Arena is making waves in the executive world. The Italian swimwear giant, renowned for its high-performance swimwear, goggles, and accessories, has announced a major leadership change. Deputy CEO Giuseppe Musciacchio is stepping down, marking a new chapter for the brand. As of March 11, he has officially left all positions within Arena’s Board of Directors and its affiliated companies.
Giuseppe Musciacchio is now the former Deputy CEO of Arena – Arena
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Musciacchio has been with the Tolentino-based brand for the past 18 years, gradually expanding his responsibilities since mid-2016 as Co-CEO and from mid-2021 as Deputy CEO. “Musciacchio has played a significant role in the development of Arena’s brand and business on a global scale, positioning the three-diamond brand as a key reference in the international swimming and aquatic sports community,” the company stated.
As of March 10, 2025, the group’s Executive Leadership team consists of Peter Graschi (CEO), Damiano Cafiero (CFO), Giorgio Farinelli (COO), Luca Belogi (CSO), Mark Pinger (General Manager North America), and Florian Übleis (CDSO).
“The Board of Directors is actively working to identify a successor and will announce further plans soon. In the meantime, Peter Graschi will take over Giuseppe Musciacchio’s responsibilities,” concluded the company, founded in 1973 by Horst Dassler, the German entrepreneur and son of Adolf (Adi) Dassler, the creator of Adidas. Dassler revived the Arena name—originally used a year prior for canvas shoes—capitalizing on the success of Mark Spitz at the 1972 Munich Olympics, where he won seven gold medals and set seven world records.
He secured Spitz under contract and acquired the Arena brand name from a company in Nîmes, near the city’s Roman amphitheater, registering it internationally. Arena made its official debut at the 1974 European Swimming Championships in Vienna. The Swiss investment firm Capvis acquired Arena in 2014.
Luxury fashion powerhouse Prada is making bold moves. CEO Andrea Guerra has reportedly flown to New York, a source told Reuters, as the group engages in talks to acquire Versace from Capri Holdings—a deal that could bring together two of Italy’s most iconic fashion names.
A source revealed that on his visit to the U.S. financial hub, Prada CEO Andrea Guerra is joined by Lorenzo Bertelli, the son of the group’s key shareholders, Miuccia Prada and Patrizio Bertelli, who also serves as chief marketing officer.
Meanwhile, Capri Holdings, based in New York, announced on Thursday that Donatella Versace is stepping down as the brand’s main designer after nearly three decades.
Starting April 1, Dario Vitale, a designer from Miu Miu, a smaller brand within the Prada Group, will step into Donatella Versace’s role as chief creative officer of the Medusa-head brand. According to Morningstar analysts, this strategic move could pave the way for a potential Prada-Versace acquisition.
Prada declined to comment, and Reuters could not confirm whether Guerra’s trip was directly linked to discussions with Capri Holdings regarding a possible Versace deal.
Earlier this month, reports surfaced that Prada was nearing a €1.5 billion ($1.64 billion) agreement to acquire Versace. On February 20, a source told Reuters that Prada had been granted four weeks to review the financials of its smaller rival.
Beyond Versace, Prada is also rumored to be eyeing Jimmy Choo, another Capri Holdings brand, further signaling its ambitious expansion plans.
British sportswear brand Umbro heads back to its Northern roots for the release of its collection and campaign for Spring/Summer 2025.
The new ‘Northern Quarter’ collection and supporting promo gains inspiration from “the authenticity and creativity of the brand’s home city Manchester, with the line “bringing Umbro’s sports heritage up to date with a casual street-savvy swagger”.
Umbro says it continues to shape the global landscape of sportswear, “defining style both on and off the pitch”.
Recent partnerships, including with Palace, Supreme, and Aries, “have helped cement Umbro’s pioneering reputation within the sports fashion space”, it said.
So this season, the brand refocuses on the place where it all started, “acknowledging its roots and archive, while incorporating a renewed and forward-thinking design code inspired by Manchester’s relentlessly vibrant and creative Northern Quarter”.
The football heritage-inspired collection “reinterprets archive classics through a contemporary lens”.
Key hero pieces include the Zip-Off Sleeve Wind Jacket (£90), which takes inspiration from the track jacket Umbro produced for the England team in 1998; the Washed Drill Top (£67) and Washed Diamond Drill Sweat (£80), which directly reference the drill tops of the 1990s “embraced by players and fans alike”. They come reimagined in washed cotton with additional details including integrated pockets,
The campaign supporting the collection launch was shot by Jay Johnson and spotlights Northern Quarter’s new generation including Jefe, a socially conscious barber and former basketball player; street artist Tomas Gittins; and ‘Gone Fishing’ vintage store owner Seb Dixon.
“Each embodies the creative, entrepreneurial, and inclusive spirit of Manchester’s Northern Quarter”, notes Umbro.
The just-launched collection is available at umbro.co.uk as well as selected stockists including END, Size, Urban Outfitters and ASOS.