All Corporate articles – Page 34
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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, ...
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Clarks plans to open its first logistics center on continental...
Clarks plans to open its first logistics center on continental Europe. The company's new logistics center, covering 10,000 sqm is tentatively scheduled to be opened by the spring of 2020 in Krefeld, Germany. From there, Clarks aims to deal with orders from European wholesale clients and shoe retailers as well ...
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Following the vertical integration strategy of Hermès Louis Vuitton, Chanel...
Following the vertical integration strategy of Hermès Louis Vuitton, Chanel has taken full ownership of two tanners to better secure the supply of high-quality leather, especially for its handbags and other leathergoods. One of them is a Spanish tannery, the Colomer Leather Group. Its revenues had fallen sharply in recent ...
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The Vivarte group confirmed earlier this month the sale of...
The Vivarte group confirmed earlier this month the sale of Besson Chaussures to Weinberg Capital Partners, a French investment fund, and to the Philippe Ginestet group, which owns the low-price Tati apparel stores among other retail assets. Besson has been a wholly-owned subsidiary of Vivarte since 1998 and posted revenues ...
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Florida Group has decided to shut down the factory in...
Florida Group has decided to shut down the factory in Norwich that produced women's shoes for its Van Dal brand. All production will be moved to Italy and India. Van Dal will continue to be present in Norwich as a new office and warehouse in town are reportedly in the ...
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Velasca, a Milan-based maker of luxury shoes and accessories for...
Velasca, a Milan-based maker of luxury shoes and accessories for men, has secured €2.5 million in a new round of funding led by P101 SGR, an existing backer, with participation from Milano Investment Partners and a group of private investors. It is P101's second investment in Velasca, after the one ...
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According to a German trade magazine, Schuhkurier, Steffen Liebich, owner...
According to a German trade magazine, Schuhkurier, Steffen Liebich, owner of the German Leiser, Schuhhof and Anika Schuh retail chains, recently acquired another important German shoe retail chain, Schalthost. Permactum, the company that owned Schlatholt, was taken over on Aug. 8 by Goal, the holding company of Liebich. According to ...
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After the sale of its Nine West brand, Sycamore Partners...
After the sale of its Nine West brand, Sycamore Partners has mandated the Lazard investment bank to explore a possible sale of the remaining assets of Nine West Holdings, including Anne Klein, Kasper and its jeanswear and jewelry businesses
