All Corporate articles – Page 37
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News briefs
According to reports that could not be confirmed, the owners...
According to reports that could not be confirmed, the owners of the Rockport Group are considering its possible sale with the help of an investment bank, Houlihan Lockey. In the meantime, several managers have left the company including Wouter Hagen, who was running its European sales out of an office ...
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Shoon, the British shoe retailer, went into administration, a form...
Shoon, the British shoe retailer, went into administration, a form of bankruptcy, on Nov. 24. According to Drapers, the company has sold two stores and two concessions to The Shoot Shoe Company and closed five other stores and one concession. The company made a small profit in the year ended ...
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Tod's has inaugurated a new factory in Arquata del Tronto,...
Tod's has inaugurated a new factory in Arquata del Tronto, one of the towns in central Italy devastated by the earthquake of Aug. 24, 2016. The facility, which represents a €10 million investment, was officially unveiled on Dec. 19, in the presence of Italy's Prime Minister, Paolo Gentiloni, and Tod's ...
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Bata is investing in Zimbabwe. The global footwear group has...
Bata is investing in Zimbabwe. The global footwear group has announced it is upgrading a plant in Gweru in order to improve its efficiency while diversifying its portfolio of products into more women's and men's styles. Bata has already made significant investments in the Gweru unit, including the replacement of ...
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Fretz Men, the Swiss footwear brand, will change its name...
Fretz Men, the Swiss footwear brand, will change its name to just Fretz next spring, sporting a more modern logo
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News briefs
Wayne Kulkin, a former chief executive of Stuart Weitzman, has...
Wayne Kulkin, a former chief executive of Stuart Weitzman, has launched his own lines of luxury sneakers. Kulkin, a self-confessed “sneakerhead” since he was a teenager, set up a company for this purpose, called StreetTrend, earlier this year with the backing of an investor, Hilco Global. The sneakers will be ...
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Pense Media Corp., the owner of Footwear News, Women's Wear...
Pense Media Corp., the owner of Footwear News, Women's Wear Daily and Vanity Fair, has announced a strategic investment in Wenner Media, which controls Rolling Stones, the iconic publication for the American pop and music culture founded in 1967
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News briefs
Tati, the French cut-price shop, will be sold to Gifi....
Tati, the French cut-price shop, will be sold to Gifi. The French competition authority has conditionally authorized the takeover of Tati Group's shops by GPG Group (Gifi) as long as Tati sells some shops located in limited catchment areas, in order to avoid harm to competition. Tati has therefore agreed ...
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Salvatore Ferragamo has opened a new design and prototyping lab...
Salvatore Ferragamo has opened a new design and prototyping lab for men's and women's leather goods in Osmannoro, near Florence. The center is to celebrate the leather crafting know-how of the Italian luxury label, which the company wants to pass down to future generations. The lab also uses new machines ...
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Flex plans to inaugurate a new manufacturing plant in Zapopan-Jalisco,...
Flex plans to inaugurate a new manufacturing plant in Zapopan-Jalisco, about 20 kilometers northwest of downtown Guadalajara, where it will make sports shoes for Nike. The new 57,000-square-meter facility will initially employ 5,000 workers but Flex anticipates the number will grow by the end of 2019, with the full implementation ...
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Hamm Market Solutions, the German-based footwear licensee for the Gant and...
Hamm Market Solutions, the German-based footwear licensee for the Gant and Napapijri brands, created a new subsidiary, Selected Footwear Concepts, managed by Claus Gese, that will start next month distributing Mahony, a newly created brand of women's shoes. The products are priced between €89-120 a pair for end consumers. Gese, who ...
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Joya has set a subsidiary in Konstanz, Germany, Joya Schuhe,...
Joya has set a subsidiary in Konstanz, Germany, Joya Schuhe, to take care of the distribution of the Swiss brand of comfort shoes in Germany and the Benelux countries, which were previously serviced by Joya International. From January 2018, Joya Schuhe, the German subsidiary, will assume Joya's distribution in these markets. Its ...
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LVMH is set to operate 24 manufacturing sites in Italy...
LVMH is set to operate 24 manufacturing sites in Italy by next year with the opening of a new jewelry plant for Bulgari and an eyewear factory for Céline and other brands in partnership with Marcolin. It already operates the Rossimoda shoe factory and a shoe factory in Italy for ...
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Tapestry, the American fashion group previously called Coach, has applied...
Tapestry, the American fashion group previously called Coach, has applied to withdraw its shares from the Hong Kong stock exchange
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News briefs
Clarks has announced that it will be working with the...
Clarks has announced that it will be working with the JDA Software Group to create a global planning process, as part of its global business transformation initiative. The British footwear maker will be using JDA's Intelligent Fulfillment solution, which helps anticipate the omnichannel demand and secure the availability of stock ...
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Guillaume de Feydeau, who was appointed as the new chief...
Guillaume de Feydeau, who was appointed as the new chief executive of the bankrupt J.B. Martin on Oct. 30, has presented a plan to eliminate the French company's losses. It would involve the layoff of up to 100 of its 260 employees and the shutdown of five to ten of ...
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Deckers Brands, the parent company of Teva and Hoka One...
Deckers Brands, the parent company of Teva and Hoka One One, announced that it will make room for two new independent directors, replacing two who are retiring from its board. Marcato Capital Management, the activist investor that has been criticizing the company's management, asking to sell all the group's brands ...
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Footasylum, the British chain of sports and lifestyle stores created...
Footasylum, the British chain of sports and lifestyle stores created by the founders of JD Sports, went public on the Alternative Investment Market (AIM) London Stock Exchange on Nov. 2 at a price of £1.64 per share, giving it an initial valuation of £171 million (€194.3m-$226.0m). On Friday in advance ...
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News briefs
Shoescribe and The Corner, the two e-shops previously owned by...
Shoescribe and The Corner, the two e-shops previously owned by Yoox, have been acquired by an Italian entrepreneur, Vittorio Chalon, and they will be back online soon. The two e-shops had been shut down in 2015 following the creation of the Yoox-Net-à-Porter group. According to reports on fashionmagazine.it, the two ...
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Penske Media Corporation (PMC) and its subsidiary Fairchild Fashion Media,...
Penske Media Corporation (PMC) and its subsidiary Fairchild Fashion Media, which runs Women's Wear Daily and Footwear News, have announced the acquisition of FashInvest. Described as a media platform where entrepreneurs, investors and fashion industry executives exchange information and raise new capital, FashInvest will continue to be run as an ...
