All Corporate articles – Page 38

  • Short stops

    Tapestry, the American fashion group previously called Coach, has applied...

    2017-11-30T00:00:00Z

    Tapestry, the American fashion group previously called Coach, has applied to withdraw its shares from the Hong Kong stock exchange

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    Clarks has announced that it will be working with the...

    2017-11-30T00:00:00Z

    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...

    2017-11-30T00:00:00Z

    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...

    2017-11-30T00:00:00Z

    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 ...

  • News briefs

    Footasylum, the British chain of sports and lifestyle stores created...

    2017-11-30T00:00:00Z

    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 ...

  • News briefs

    Shoescribe and The Corner, the two e-shops previously owned by...

    2017-11-30T00:00:00Z

    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,...

    2017-11-30T00:00:00Z

    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 ...

  • News briefs

    Eram, one of the two leading shoe retailing groups in...

    2017-11-30T00:00:00Z

    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...

    2017-11-30T00:00:00Z

    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...

    2017-10-24T00:00:00Z

    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 ...

  • Short stops

    The Nordstrom family, which owns 30 percent of the shares...

    2017-10-24T00:00:00Z

    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

  • News briefs

    Stahl has completed the planned acquisition of BASF's Singapore-based leather...

    2017-10-24T00:00:00Z

    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...

    2017-10-24T00:00:00Z

    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,...

    2017-10-24T00:00:00Z

    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...

    2017-10-24T00:00:00Z

    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.

  • News briefs

    Anika Schuhhandels GmbH has applied for pre-insolvency court protection. Under...

    2017-10-24T00:00:00Z

    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...

    2017-10-24T00:00:00Z

    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...

    2017-10-24T00:00:00Z

    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 ...

  • Short stops

    Vivarte is considering the possible divestiture of Besson, one of...

    2017-10-24T00:00:00Z

    Vivarte is considering the possible divestiture of Besson, one of its two low-priced shoe retail chains

  • News briefs

    Groupe Royer, which owns the brand rights for Kickers and...

    2017-10-24T00:00:00Z

    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 ...