All Corporate articles – Page 34
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Lenci Calzature, an Italian contract manufacturer from the region of...
Lenci Calzature, an Italian contract manufacturer from the region of Tuscany, has reportedly announced that it plans to dismiss its remaining 70 employees and cease operations. Last January, Lenci Calzature already asked government authorities to help it to pay the wages of its employees, indicating that it was planning to ...
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The German Cartel Office has endorsed the merger of the...
The German Cartel Office has endorsed the merger of the Karstadt and Kaufhof department store chains. They will be run by a joint venture being formed between the Austrian-based owner of Karstadt, Signa, and the Canadian-based Hudson's Bay Co., which took over Kaufhof three years ago. The operational management will ...
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CCC plans to launch its main online footwear store, Eobuwie.pl,...
CCC plans to launch its main online footwear store, Eobuwie.pl, on the stock exchange in Warsaw. The website generated revenues of around €58 million in the latest quarter.
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Compagnie Vosgienne de la Chaussure (CVC), the French shoe manufacturing...
Compagnie Vosgienne de la Chaussure (CVC), the French shoe manufacturing company previously owned by Vivarte, may be able to stave off its liquidation. The bankruptcy court that is handling the case announced on Nov. 6 that it had received an offer for its takeover. Prodded by a former manager of ...
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The Serafin group, the Munich-based holding company that invests in...
The Serafin group, the Munich-based holding company that invests in medium-sized businesses, has successfully acquired Bama, German manufacturer of shoe care products. The product portfolio includes polish, balm, protectors and deodorants, a variety of insoles and accessories such as laces. The products are distributed under the Bama and Woly brands in ...
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P.W. Minor has shut down operations completely after 151 years...
P.W. Minor has shut down operations completely after 151 years in business. According to a Worker Adjustment and Retraining Notification (WARN) Act, the reasons for its closure were “economic.” Oct. 5 was listed as the closing date. Based in Batavia, NY, P.W. Minor was the second-oldest footwear manufacturer in the ...
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Allbirds, the American brand of sustainable footwear launched in 2016,...
Allbirds, the American brand of sustainable footwear launched in 2016, has raised $50 million more in Series C funding from institutional investors including T. Rowe Price and Fidelity. It has collected a total of $75 million to conduct further research into sustainable materials and to expand internationally. It has just ...
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Mifitto, a German start-up specializing in 3D measurement of feet...
Mifitto, a German start-up specializing in 3D measurement of feet that filed for bankruptcy on July 5 at the local court of Duisburg, will be taken over by a consortium from Cologne and Franconia. No further details on the takeover have been revealed. Mifitto has developed a system that claims ...
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VF Corporation is making a further adjustment to its brand...
VF Corporation is making a further adjustment to its brand portfolio with a definitive agreement to sell its Reef brand of beach lifestyle products to the Rockport Group, which also holds the Aravon and Dunham brands Rockport, which is now run by Gregg Ribatt, was recently taken over by ...
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The Belgian FNG Group has taken over the Henkelman Group,...
The Belgian FNG Group has taken over the Henkelman Group, a big international Dutch-based trading company specializing in footwear, from its founder and managing director, Theo Henkelman. The fashion company, which is run by Dieter Penninckx, already has the Claudia Sträter and Miss Etam brands as part of its footwear ...
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Cesare Paciotti, one of the best known brands of women's...
Cesare Paciotti, one of the best known brands of women's shoes operating in the Marche region of Italy, has changed its brand name to Paciotti, addressing a younger customer target. The company went through a rough patch three years ago because of a major decline in its turnover and a ...
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Xero Shoes, a fast-growing company in Boulder, Colorado that produces...
Xero Shoes, a fast-growing company in Boulder, Colorado that produces minimalist sneakers and sandals, has raised $2.3 million in debt capital in a deal with JP Morgan Chase. The proceeds will help the company to support its growth and to expand the product range. Xero's sales have enjoyed a sixfold ...
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The German Cartel Office is expected to rule on the...
The German Cartel Office is expected to rule on the proposed merger of the Karstadt and Kaufhof department store operations by Nov. 9, but it may take three months longer if an anti-trust investigation is required
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Toni Pons' new distribution center in Catalonia, Spain, has storage...
Toni Pons' new distribution center in Catalonia, Spain, has storage capacity for up to 100,000 pairs of shoes, which will allow the company to expand the store franchising side of its business. Located in Girona, near the corporate headquarters of the Spanish brand of lounge shoes, the distribution center covers ...
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Rubin Ritter, joint chief executive and finance director of Zalando,...
Rubin Ritter, joint chief executive and finance director of Zalando, has sold some of his shares in the company for the third time so far this year, after a further decline in the share price
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Tod's denies speculation that the company is for sale...
Tod's denies speculation that the company is for sale
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Birkenstock will invest about €3 million in a new “social...
Birkenstock will invest about €3 million in a new “social building” with dressing rooms, sanitary facilities and showers for roughly 650 employees who work at its production site in Görlitz, Germany. The building will also include a lunch and rest room with an accompanying outdoor area. Due to its strong ...
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Gabor recently opened additional office facilities at its headquarters in...
Gabor recently opened additional office facilities at its headquarters in Rosenheim to accommodate its expanding online activities. The so-called “Digital Cube” adds 25 modern workplaces, 17 of which are already occupied by existing employees. For its marketplace as well as for advertising activities, Gabor needs much more contents than previously. ...
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Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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Globus, the Swiss department store chain that belongs to the...
Globus, the Swiss department store chain that belongs to the Migros cooperative, has agreed to take over the Navyboot brand and some of its stores in Switzerland and Germany, with effect from next Jan. 1. The terms of the transaction have not been disclosed. Five years ago, Globus acquired Schild, ...
