Corporate and M&A

  • Nike-Logo-220px

    Nike, Zara, Adidas are the most valuable fashion brands


    Nike takes the top spot among fashion brands in the top 100 of the BrandZ ranking of the world’s most valuable brands, released by WPP and Kantar. It is followed by two European brands, Zara and Adidas . Nike managed to improve its valuation by 5 percent ...

  • Nice Footwear logo

    Nice Footwear issues €3 million in bonds to finance its development


    Nice Footwear is launching a €3 million bond with an annual interest rate of 4.375 percent and a six-year maturity. The bonds, which have a face value of €100,000 each, will be traded on the Milan stock exchange. Under the terms of the transaction, the Italian company has the ...

  • Article

    André’s former head makes partial takeover offer


    A Grenoble-based commercial court is expected to decide on July 24 on the future of the footwear chain André , which is currently in receivership. It filed for bankruptcy on March 23 after its owner Spartoo was unable to obtain sufficient financing to continue the business. André was ...

  • Article

    Italian components group Margot looks to grow


    Margot, an Italian group that makes metallic components for luxury leather goods, shoes and eyewear that is controlled by the private equity Mandarin Capital Partners , is looking to expand with an acquisition in the third or fourth quarter of this year, says Andrea Tuccio , a partner with Mandarin. ...

  • jb martin

    JB Martin closes its doors


    JB Martin , a well-known French shoe company, has ceased all activities. The shoe brand was liquidated by the Paris Commercial Court on June 2. After several years of difficulties, Covid-19 was the last straw. Two weeks after the announcement of the receivership, the 125 employees of JB Martin ...

  • logo-sioux

    Sioux’s wholesale division files for insolvency as coronavirus lockdowns hit sales


    Plummeting department store sales amid business-wrecking coronavirus lockdowns and market uncertainty have driven Sioux Group ’s wholesale division off the rails.

  • Article

    Boohoo buys two brands, Oasis and Warehouse


    In the wake of its capital increase, that raised £197.7 million (€220.8m-$248.0m) in gross proceeds on May 15, the U.K. online fashion retailer Boohoo has bought two brands, Oasis and Warehouse , for £5.25 million (€5.9m-$6.6m) from Hilco Capital . The two brands will be integrated onto Boohoo’s platform, ...

  • la halle

    La Halle receives 25 bids for its assets


    After having been placed into receivership, La Halle received 25 bids for its assets, which represent a significant part of its activity and would allow it to save more stores than in a previous bidding round.

  • hunter_logo_standalone

    Hunter goes under review as CEO quits


    Vincent Wauters , the former president of Arc’teryx who became the chief executive of Hunter Boot Ltd in 2016, will be stepping down “by mutual agreement” at the end of July to pursue new opportunities, said the Edinburgh-based company, adding that it is launching a “strategic review” of ...

  • Footway

    Footway wants to buy a streetwear specialist


    The Footway Group , the increasingly international Swedish online shoe retailer that recently agreed to merge with Sportamore , wants to create a leading platform for e-commerce in sports and fashion by also acquiring an online retailer of streetwear and sneakers, Californian Roots , or Caliroots for short. Caliroots ...

  • Article

    ANWR Group grants KfW loans


    The ANWR Group ’s credit institutions, the DZB Bank and the Aktivbank , have received accreditation for the granting loans in behalf of KfW (Kreditanstalt für Wiederaufbau or Credit Institute for Reconstruction) a bank of the German government that provides low-interest loans to support German companies, generally ...

  • WGSN Future Consumer 2022

    ​WGSN sees three major consumer groups emerging from the crisis


    The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years.

  • Salvatore Ferragamo

    Ferragamo calls back Michele Norsa as deputy chairman


    Salvatore Ferragamo  reformed its corporate governance and appointed its former chief executive Michele Norsa , 71, as executive deputy chairman, rekindling speculation of a possible change of ownership.

  • Article

    La Halle receives 7 offers for 60% of its business


    La Halle , the big French low-cost clothing, footwear and accessories retailer owned by Vivarte , will have to be sold piecemeal, while more time is being granted by a court to find a buyer for André , the more high-end shoe retailer, which is currently in bankruptcy proceedings.

  • Article

    Clarks reshuffles its staff


    Clarks has decided to eliminate a further 900-odd jobs around the world as part of a strategy to build a more “sustainable and successful” future for the company, placing its focus on the changing consumer needs. The new wave of layoffs follows 170 cuts already implemented at the end ...

  • Article

    J.C. Penney files for bankruptcy protection


    Founded in 1902, J.C. Penney has filed for bankruptcy protection in the wake of the Covid-19 pandemic, following Neiman Marcus and J.Crew .

  • Article

    Aldo Group files for bankruptcy protection to restructure


    Montreal-based Aldo Group  has filed for bankruptcy protection in Canada and in the U.S. as it prepares to restructure and stabilize its business after turnaround plans for its already loss-making business were derailed by the Covid-19 pandemic. 

  • Article

    Rohde plans e-commerce platform this year


    The German shoemaker Rohde intends to launch a business-to-business (B2B) online platform this summer, followed by a business-to-consumer (B2C) site.

  • Article

    Prada resumes production in Italy


    Prada has launched a gradual reopening in Italy of its prototyping and sample-making departments, which are essential for developing its forthcoming footwear, leathergoods and apparel collections. It is also introducing serological testing of all employees.

  • Article

    Boohoo hikes cash pile while Farfetch continues to burn cash


    boohoo is building up its cash pile thanks to its highly cash-generative business model and is ready to go on an acquisition campaign. Meanwhile, Farfetch continues to burn cash.