All Corporate articles – Page 30
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News briefs
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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News briefs
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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News briefs
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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News briefs
Leonardo Ferragamo, a member of both Salvatore Ferragamo's board of...
Leonardo Ferragamo, a member of both Salvatore Ferragamo's board of directors and the family that controls the firm, has created a new holding company, called Sawa, to manage part of his personal interests. Sawa is the contraction of the first names of his parents, Salvatore Ferragamo and Wanda Miletti. The ...
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News briefs
LuisaViaRoma, the big omni-channel retailer based in Florence, has formed...
LuisaViaRoma, the big omni-channel retailer based in Florence, has formed a partnership with Secoo, the Chinese internet platform for luxury goods. Chinese customers will be able to order the products of about 500 brands hosted on LuisaViaRoma's website via Secoo's web store. The deal follows the establishment by Secoo of ...
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Short stops
Britain's competition authority said it is planning to review the...
Britain's competition authority said it is planning to review the recent takeover of Footasylum by JD Sports Fashion
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News briefs
R.M. Williams, the Iconic Australian bootmaker, has reportedly been put...
R.M. Williams, the Iconic Australian bootmaker, has reportedly been put up for sale. R.M. Williams is majority-owned by L Catterton Asia, a private equity firm based in Singapore and backed by LVMH. Hugh Jackman, the Australian-born Hollywood actor who most recently starred in The Greatest Showman, has a 5 percent ...
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News briefs
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.
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News briefs
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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News briefs
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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News briefs
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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News briefs
Permira, the investment fund that took over Dr. Martens and...
Permira, the investment fund that took over Dr. Martens and its parent company Airwear International from the Griggs family six years ago, is planning to cash out with a fat return on the investment, according to Sky News. It is reportedly seeking a valuation that would be more than double ...
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Short stops
Galeria Kaufhof Karstadt is the new name of the company...
Galeria Kaufhof Karstadt is the new name of the company coming out of the merger of the Karstadt and Kaufhof department store chains in Germany
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News briefs
Prada has entered a collaboration with Oracle under which it...
Prada has entered a collaboration with Oracle under which it will adopt a series of technological solutions from the American data management firm to boost the efficiency of its retail network. Oracle will help analyze historical data and current market demand across the Italian group's 634 mono-brand stores to improve ...
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News briefs
Vivarte has sold its Chevignon chain of clothing shops to...
Vivarte has sold its Chevignon chain of clothing shops to Financière Royer, parent company of the Royer Group, and to two other investors specialized in fashion and retailing, Stéphane Collaert and Thierry Le Guénic. The banner made a turnover of around €24 million last year through its web store and ...
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News briefs
The brand rights and other assets of the bankrupt Bretoniere...
The brand rights and other assets of the bankrupt Bretoniere Group have been taken over by the RNF Group. Owned by Ron Janssen and Ferry Helmer, the Dutch group already owns a major trading company, Ferro Footwear, and Mexx, whose shoes are developed and sold by Ferro. As reported in our last ...
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News briefs
Manebì has announced that Milano Investment Partners, an Italian investment...
Manebì has announced that Milano Investment Partners, an Italian investment firm focusing on consumer/lifestyle businesses, has acquired a stake in the company. The investment is expected to support the expansion of the brand's international retail network and of its product offering. The products of the Spanish shoe brand, specializing in ...
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News briefs
The three wealthiest families in France have announced major donations...
The three wealthiest families in France have announced major donations to help rebuild Notre-Dame de Paris after the iconic cathedral was partially destroyed by fire on April 15. François-Henri Pinault, president of Kering, has announced that the Pinault family, via Artémis, its holding company, will donate €100 million. LVMH and ...
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Short stops
JD Sports Fashion has announced the non-conditional takeover of Footasylum,...
JD Sports Fashion has announced the non-conditional takeover of Footasylum, the British shoe and apparel retailer, after receiving pledges for 91.82 percent of its shares
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News briefs
Kaps acquired Tacco Footcare, the German family-owned shoe-care producer, at...
Kaps acquired Tacco Footcare, the German family-owned shoe-care producer, at the end of February. Through the acquisition, the Polish-based producer of shoe-care products expands its portfolio of brands. Tacco will add a wide range of products to Kaps' existing range, which includes insoles, cotton laces, boot-trees, shoehorns and brushes, among ...
