All Corporate articles
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ArticleC-Suite interview: Rohde sees sales momentum continuing in 2026, moves to improve forecasting
Rohde sees its sales momentum continuing this year, after its top line rose by 7 percent to €25.2 million in 2025, and the company is taking steps to improve order forecasting and fine-tuning a new automated packaging system to ensure it can keep up with demand. The German manufacturer of ...
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ArticleBequem-Schuh files for self-administration weeks after being taken over
The footwear retailer Bequem-Schuh GmbH has entered self-administered insolvency proceedings just weeks after being acquired in early September by Berlin-based investor Steffen Liebich through his investment firm Goal Beteiligungsgesellschaft, according to German media reports. The reason for the filing was not immediately clear. Liebich has been Bequem-Schuh’s Managing Director ...
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ArticleAndré goes into liquidation after 130 years of existence
After 130 years of existence, André is being liquidated. The downfall of the French footwear chain has accelerated since 2019, with the business going into receivership four times over the past six years. A Paris-based court decided to open on Sept. 9 a procedure to liquidate André, after the banner ...
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Bata closes its Czech footwear factory
Bata is closing its factory in the Czech town of Dolní Němčí, its last plant in Central Europe. “Unfortunately, this type of operation cannot be kept profitable under current market conditions,” said Bata’s board member Andrea Montagnoli. In 2025, the factory produced around 150,000 pairs of shoes for Bata’s ...
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ArticleBally’s German subsidiary enters insolvency proceedings
Bally’s German retail subsidiary has become insolvent as the Swiss luxury shoemaker continues to restructure its business and close stores under the ownership of Regent LP. Munich’s Local Court ordered preliminary insolvency proceedings for B. D. Retail Deutschland GmbH, which is based in the Bavarian city. Until recently, ...
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ArticleBally's crisis continues amid restructuring and takeover uncertainty
The future of the Swiss luxury shoemaker Bally remains uncertain as the crisis at the 175-year-old company deepens and its owner, Regent LP, struggles to turn the business around. Bally has been in provisional debt restructuring under the supervision of the Lugano bankruptcy office since mid-June, a move that ...
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ArticleUK trade union urges Zotefoams to reconsider transferring footwear foam production to Vietnam
The British trade union GMB urged Zotefoams to reconsider plans to transfer the production of foam for footwear to Vietnam from Croydon, south of London, where the company has been operating for over 90 years. The British company has an exclusive deal to supply high-performance foam to Nike. The production ...
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ArticleSchuhe wie barfuß to close after insolvency proceedings
The Austrian barefoot shoe retailer Schuhe wie barfuß Handels is set to shut down after its insolvency proceedings took a turn for the worse, with the Feldkirch regional court ordering the closure of two affiliated companies: Schuhe wie barfuß Handels GmbH and Bruno Kühne Großhandel mit Barfuß-Schuhen. The two ...
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Seibel Kunststofftechnik files for insolvency under self-administration
The German footwear industry supplier Seibel Kunststofftechnik has filed for insolvency proceedings under self-administration with the Pirmasens District Court. Founded in 1996 and based in Hermersberg in Rhineland-Palatinate, the company employs around 60 people and specialises in plastic injection moulding, supplying customers in industries including automotive, electrical and footwear. ...
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Schuhe wie barfuß files for insolvency
The Austrian barefoot shoe retailer Schuhe wie barfuß Handels has filed for insolvency at the Feldkirch Regional Court. Based in Feldkirch, the company currently employs five people. Six creditors are currently affected by the proceedings, with registered claims totaling approximately €156,000, according to the Credit Protection Association of ...
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Article
Genesco wins a proxy battle as shareholders re-elect all 9 board nominees
Genesco has won a proxy battle against activist investors as shareholders re-elected all nine members of the board during an annual general meeting held on July 21. Based on preliminary voting results provided by its proxy solicitor following the meeting, the US footwear group said that its shareholders voted to ...
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ArticleNice Footwear doubles the production a capacity of its Favaro unit
Nice Footwear, a footwear company based in the northeastern Italian town of Padua partly owned by the private equity firm Palladio Holding, is doubling the manufacturing capacity of its unit Favaro Manifattura Calzaturiera. Favaro, which also located inPadua, specializes in high-end footwear. The company is introducing a second assembly line ...
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ArticleBally placed under court supervision amid financial distress
Weeks after announcing a wave of store closures and the end of shoe production in Switzerland, the Swiss luxury shoemaker Bally has been placed under court supervision amid deepening financial difficulties, with the company’s liabilities standing at around CHF 20 million (€21.6 million). A Swiss court has appointed an external ...
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Vasky loses 70,000 pairs of shoes in a fire
The Czech footwear company Vasky has lost about 70,000 pairs of shoes in a fire that broke out on July 9 in its warehouse in Zlín. ”We lost almost everything and are facing the hardest test in the history of Vasek.The worst case scenario has come true,” the company’s ...
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ArticleGenesco board receives support against activist investors
Genesco’s management has received support from a leading US proxy advisory firm in its battle against the activist investors Bradley Radoff, Jumana Capital Investments and Christopher Martin, who collectively owned 9.1 percent of the US footwear’s capital on July 1. The activists, collectively referred to as the Radoff-Jumana Group, are ...
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La Sportiva plans to invest more than €20m
La Sportiva has launched an investment plan of more than €20 million focused on company infrastructure, internal services, welfare and training programs. A key project is the expansion of its headquarters in Ziano di Fiemme, designed as an addition to the existing campus, with completion scheduled for 2027. The new ...
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Fire in Chinese footwear factory kills 28 people
Twenty-eigh people died in a fire that broke out on July 9 in the Fujian Huiteng factory, which produces footwear for Chinese and foreign brands in Jinjiang, according to the news agency Xinhua. Xinhua reported than an investigation was underway into the cause of the fire. The news agency added ...
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Deltaport Footwear to build a new production site in Bangladesh
Deltaport Footwear, a company backed by Italian and Irish investors, will invest $21.6 million to launch a factory in the Bangladesh Export Processing Zones Authority (BEPZA) economic zone in Mirsharai, in the Chattogram region. ”This investment is expected to contribute significantly to the diversification of Bangladesh’s export-oriented footwear industry while ...
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DSC to expand manufacturing capacity in Indonesia
The Taiwanese performance foam manufacturer Dahsheng Chemical (DSC) plans to expand advanced foam chemistry and fabrication capabilities at its P.T. Dah Ju facility in Jawa Barat, Indonesia. The site was opened in 2023. ”The investment deepens DSC’s Global Ready strategy, bringing localized innovation and technical expertise closer to Tier 1 ...
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ArticleVan Bommel to become Swallow
The Dutch shoemaker Van Bommel will change its name to Swallow from the end of 2026 in a strategic refocusing within the long-established family business. The rebranding is aimed at avoiding confusion between the Floris van Bommel and Van Bommel brands, the company said in an interview with the Belgian ...
