All Corporate articles – Page 38
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Eram, one of the two leading shoe retailing groups in...
Eram, one of the two leading shoe retailing groups in France, has raised to 49 percent its stake in Faguo, a French brand of casual footwear and clothing, to help finance its further development. The balance is shared between its two managers, Nicolas Rohr and Frédéric Mugnier, who founded Faguo ...
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Pittards, a major supplier of leather to the sporting goods...
Pittards, a major supplier of leather to the sporting goods industry, has expanded its operations in Ethiopia by adding a new shoe factory to its existing tannery and glove-making facilities. The new facility employs 70 people to hand-stitch shoes for an interesting footwear brand, Soul of Africa. Founded in 2003 ...
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In 2014, Schuhaus Shatholt was celebrating its 125th anniversary, but...
In 2014, Schuhaus Shatholt was celebrating its 125th anniversary, but one year later, the company faced bankruptcy. The firm filed for protection in 2015 and has now been restructured into a new business, Permacutum GmbH. Largely freed from legal entanglements it has obtained a new investor, rumored to be from ...
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The Nordstrom family, which owns 30 percent of the shares...
The Nordstrom family, which owns 30 percent of the shares in the department store chain that bears its name, has decided to postpone until after the holidays a plan to take the company private
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Stahl has completed the planned acquisition of BASF's Singapore-based leather...
Stahl has completed the planned acquisition of BASF's Singapore-based leather chemicals business, including its production site at L'Hospitalet in Spain. BASF will also become Stahl's exclusive supplier of leather chemicals for a long period. The transaction involves the transfer of around 210 jobs to Stahl, 110 of them in Asia. ...
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Amazon is adding a new distribution center equipped with advanced...
Amazon is adding a new distribution center equipped with advanced robotic technology in the Bolton region that will employ 1,200 new people. In Germany, meanwhile, Amazon reportedly suffered delivery problems after strikes crippled six of its German logistics centers in early October. Verdi, a German trade union based in Berlin, ...
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Four years after entering administration, the British form of insolvency,...
Four years after entering administration, the British form of insolvency, Barratts is selling the rights to the brand and its international trademark portfolio. Established in 1903, the British heritage footwear retailer was heavily impacted by tough market conditions after the global financial crisis and fell into receivership in 2013. This ...
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The Montreal-based Aldo Group and the U.S.-based Camuto Group announced...
The Montreal-based Aldo Group and the U.S.-based Camuto Group announced that they have mutually decided not to pursue a proposed merger under which the Canadian company would have acquired control of the American one. They have nevertheless agreed that Camuto will become a strategic partner of the international shoe retailer.
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Anika Schuhhandels GmbH has applied for pre-insolvency court protection. Under...
Anika Schuhhandels GmbH has applied for pre-insolvency court protection. Under the German process, similar to Chapter 11 bankuptcy in the U.S., the German shoe retailer will propose a reorganization plan to keep the business alive. Headquartered in Neustrelitz near Berlin, Anika operates 60 stores under the names of Anika Schuh, ...
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Roots, the Canadian-based chain of lifestyle apparel stores, is planning...
Roots, the Canadian-based chain of lifestyle apparel stores, is planning to go public on the Toronto Stock Exchange. The public offering comes two years after a private equity firm, Searchlight Capital, acquired a majority stake in the company and appointed a few months later a new chief executive, Jim Gabel, ...
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Mexx, the Dutch brand of clothing and footwear, has been...
Mexx, the Dutch brand of clothing and footwear, has been taken over by the Dutch RNF Group, which has bought the brand rights from the Turkish Eroglu Holding group. Owned by Ron Janssen and Ferry Helmer, RNF controls among others Ferro Footwear, a Dutch trading company that they founded and that has ...
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Vivarte is considering the possible divestiture of Besson, one of...
Vivarte is considering the possible divestiture of Besson, one of its two low-priced shoe retail chains
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Groupe Royer, which owns the brand rights for Kickers and...
Groupe Royer, which owns the brand rights for Kickers and many other shoe brands, has added Hungaria to its brand portfolio. Based in Gonesse, France and formerly known as Hunga, Hungaria is a sports brand that was created in 1931. In 1976, Hungaria was acquired by Adidas, but was then ...
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Coach is changing its name to Tapestry as part of...
Coach is changing its name to Tapestry as part of its transformation into a multi-brand luxury group
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Robert Clergerie is changing its name to Clergerie Paris, starting...
Robert Clergerie is changing its name to Clergerie Paris, starting with a new store on Paris' rue Saint-Honoré
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Compagnie Vosgienne de la Chaussure (CVC), the French manufacturing company...
Compagnie Vosgienne de la Chaussure (CVC), the French manufacturing company recently sold by Vivarte to a German investment group, is one of the candidates to the acquisition of J.B. Martin, but court authorities have been postponing a decision on the buyer
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Clariant has reaffirmed its commitment to the planned merger with...
Clariant has reaffirmed its commitment to the planned merger with Huntsman, after a shareholder built up a 15 percent stake in the company to fight the merger. White Tale Holdings now owns 15.1 percent of Clariant, making it the biggest shareholder in the Swiss chemicals group. White Tale had submitted ...
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Salvatore Ferragamo will resume reporting its results on a quarterly...
Salvatore Ferragamo will resume reporting its results on a quarterly basis, starting with third quarter figures scheduled for release on Nov. 14. Under Italian stock market rules, companies are no longer compelled to release reports for the first and third quarters. Ferragamo has nevertheless decided to resume the publication of ...
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N°21, a brand founded by Alessandro Dell'Acqua, saw revenues increase...
N°21, a brand founded by Alessandro Dell'Acqua, saw revenues increase by 117 percent in 2016 to €52 million. Around 45 percent of the turnover was generated in Asia. The brand has a flagship store in Milan's centre of fashion, on via Santo Spirito, and 14 franchised stores, mainly in Asia. ...
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Marcato Capital Management, the activist investor that has been criticizing...
Marcato Capital Management, the activist investor that has been criticizing the management of Deckers Brands and wants it to sell its assets, has come up with a list of ten new executives that it has nominated for seats on the company's board of directors. The board is up for renewal ...
