All Corporate articles – Page 30
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Zalando moved into new headquarters in Berlin on June 26....
Zalando moved into new headquarters in Berlin on June 26. More than 6,000 employees who were previously scattered throughout the city are now coming together in the online retailer's new premises, encompassing 100,000 square meters. The recently opened “Zalando Campus” offers flexible desks, a fitness studio, open office areas, a ...
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Superfeet of Ferndale, Washington, has acquired RSscan International, a maker...
Superfeet of Ferndale, Washington, has acquired RSscan International, a maker of systems to scan and analyze feet, notably for athletes. The deal's terms remain undisclosed, but it will enable the American insole and footwear brand to expand its research and manufacturing infrastructure. The combined company will have at least seven ...
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Alberto Raengo, an Italian manager who was formerly behind the...
Alberto Raengo, an Italian manager who was formerly behind the resurrection of Blauer and RefrigiWear, apparently enjoys reviving brands. Raengo was also behind the recent relaunch of Holubar, an American mountaineering brand that put together a small chain in the 1960s, was sold to Johnson Wax in about 1975 and ...
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Zalando has announced the construction of its first Dutch logistics...
Zalando has announced the construction of its first Dutch logistics center in the Bleiswijk business park, near Rotterdam. The new 140,000-square-meter facility will cater for customers in Western Europe, including the Netherlands, Belgium, Luxembourg, France, Spain and the U.K. The fulfilment center will have a total storage capacity of 16 ...
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BASF is investing to strengthen its presence in the footwear...
BASF is investing to strengthen its presence in the footwear industry. The company has recently expanded its Footwear Development Center in Italy, and has opened a new center in Thailand. Both facilities feature new machinery with direct injection molding technology. Most recently, BASF has opened a new 2,000-square-foot Footwear Development ...
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The big Chinese Huajian Group, which has been operating in...
The big Chinese Huajian Group, which has been operating in Ethiopia since 2011, is reportedly planning to invest $100 million in the construction of new shoe manufacturing and coffee processing factories in the country's Jimma Industrial Park. An agreement signed in May with the Ethiopian government will also see Huajian ...
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London Sole, the owner of the shoe brand French Sole,...
London Sole, the owner of the shoe brand French Sole, has bought the Bennetts department store Bennetts in Derby, which had been declared insolvent in February. French Sole specializes in the retailing of ballet flats and holds trademarks in every country in the world except the U.S. French Sole has stores ...
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Tamara Mellon, the New York-based co-founder of Jimmy Choo, is...
Tamara Mellon, the New York-based co-founder of Jimmy Choo, is receiving $50 million in Series C funding, led by the London-based investment firm Centricus, for the development of her own eponymous footwear brand. Previous investors, such as NEA and Quadrille Capital, also took part. The women's luxury footwear brand, which ...
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Farida has inaugurated a second factory in Scandicci, within a...
Farida has inaugurated a second factory in Scandicci, within a leather district six km southwest of Florence. Its other manufacturing facility in Chiusi, also in Tuscany, will remain operational. The new factory in Scandicci will focus on prototype development, sample items and special productions, such as those required by the ...
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The Global Fashion Group (GFG), which operates transactional websites in...
The Global Fashion Group (GFG), which operates transactional websites in emerging countries, has raised less than half of the expected proceeds from a public offering on the Frankfurt Stock Exchange. The offer period was extended due to low demand from potential investors. GFG raised €180 million with the placement of ...
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According to a German newspaper, Express, Birkenstock wants to expand...
According to a German newspaper, Express, Birkenstock wants to expand its operations in Cologne, where it will be moving some 200 employees currently working in Rahms near Neustadt-Wied. Consequently, the staff of Birkenstock's site in Rahms will be cut in half before its eventual shutdown in the future. As of ...
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The Signa Retail group is taking over all the shares...
The Signa Retail group is taking over all the shares it doesn't own in the joint venture it formed last year with Hudson's Bay Company of Canada, called Galeria Karstadt Kaufhof, including the real estate that was previously shared. It is reportedly paying about one billion euros for the assets. ...
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The battle for control of Netshoes, the Brazialian e-tailer, is...
The battle for control of Netshoes, the Brazialian e-tailer, is escalating. As reported in our last issue, Magazine Luiza initially made a bid for Netshoes at $2.00 per share, valuing the company at $62 million. Late last month, Grupo SBF, which owns the big Centauro chain of sporting goods stores, ...
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Bikkembergs has entrusted the production and worldwide distribution of children's...
Bikkembergs has entrusted the production and worldwide distribution of children's shoes to Elisabet, the shoe manufacturer based in Monte Urano, in Italy's Marche region. The contract will start with the spring/summer 2020 collection, which will be presented at Pitti Bimbo in Florence, on June 20-22, 2019.
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Desma has started to build a new factory at its...
Desma has started to build a new factory at its production site in Achim, near Bremen. The new factory building will have an area of 12,000 square meters with an additional 4,500 square meters of office space. The company plans to conclude the project by autumn 2020. The so-called “factory ...
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Kering is planning to relocate the majority of its Swiss...
Kering is planning to relocate the majority of its Swiss logistic operations to Italy between 2020 and 2022. The project will be implemented gradually over the next three years. The new Italian hub will be based at Trecate near Novara, in Italy's northwest, and the move will result in an ...
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Vibram is celebrating the 10th anniversary of the Vibram Technological...
Vibram is celebrating the 10th anniversary of the Vibram Technological Center (VTC) in Guangzhou, China. The facility is an innovation hub where the Italian brand studies innovative compounds and technologies and creates prototypes of new products prior to launching them on the market. The VTC staff operates in close synergy ...
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Schuhe24, the German-based online marketplace for independent shoe retailers, is...
Schuhe24, the German-based online marketplace for independent shoe retailers, is going to offer financial support to its members from the next month of June. Schuhe24 is working on the project with a German-based financing portal, called Compeon. Retailers affiliated with Schuhe24 and a similar portal, Outfits24, will be able to ...
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Tretorn is developing its online business with the aim of...
Tretorn is developing its online business with the aim of boosting the proportion of online transactions with consumers and through retailers and internet marketplaces. The long-term goal is for online sales to account for 40 percent of total sales. To achieve it, a new team of three employees has been ...
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BASF has opened three new “creation centers” in the Asia-Pacific...
BASF has opened three new “creation centers” in the Asia-Pacific region to help clients find creative solutions in collaboration with its own experts. The centers are located in Shanghai, Tokyo and Mumbai.
