All Corporate articles – Page 39
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Short stops
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 ...
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Prada is changing its financial year to align it with...
Prada is changing its financial year to align it with the calendar year, which will result in an 11-month reporting period in 2017. Until last year, Prada's financial year ran from Feb. 1 to Jan. 31. For this year, the financial year started on Feb.1 but will end on Dec. ...
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DTLR, an urban lifestyle retailer based in Hanover, in the...
DTLR, an urban lifestyle retailer based in Hanover, in the Baltimore area, is merging with Philadelphia-based Sneaker Villa, also a urban lifestyle retailer. The merged company will comprise nearly 240 stores across 19 states and the District of Columbia, spanning the East Coast from New York to Florida, the Midwest, ...
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After a strong 2016 with a turnover of €11.5 million,...
After a strong 2016 with a turnover of €11.5 million, the Swedish shoe manufacturer Kavat has invested in new, larger production facilities in Bosnia-Herzegovina. The company moved its 160 employees in July from the existing premises in Travnik into a new 5000-square-meter factory in Novi Travnik, 90 kilometers west of ...
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A French bankruptcy court has shifted to Sept. 8 the...
A French bankruptcy court has shifted to Sept. 8 the deadline for candidates to the acquisition of J.B. Martin
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Unsecured creditors of Payless Shoesource will collect €32.3 million from...
Unsecured creditors of Payless Shoesource will collect €32.3 million from Golden Gate Capital and Blum Capital to settle claims over dividends and fees of €400 million that the two private equity firms took from the bankrupt American discount shoe retail chain after its acquisition in 2012. In total, unsecured creditors ...
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After an investment of €9 million, Paraboot has officially inaugurated...
After an investment of €9 million, Paraboot has officially inaugurated its new French factory at Saint-Jean-de-Moirans, covering 11,000 square meters, with a production capacity of 120,000 pairs of Goodyear and Norwegian Goodyear welted shoes per year. It has taken the place of two older factories in the same region, which ...
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Alibaba is said to be considering the acquisition of a...
Alibaba is said to be considering the acquisition of a share in Yook Net-a-Porter (YNAP), sending up the company's share value
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Deichmann is expanding its headquarters in Essen, adding a total...
Deichmann is expanding its headquarters in Essen, adding a total of 2,200 square meters on three floors. The new office, which will allow the German-based retail group to create 150 additional jobs, shall be finished in mid-2018 for a total investment of €6 million. Currently, 800 people are working for ...
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Vans has announced it has moved its headquarters from Cypress,...
Vans has announced it has moved its headquarters from Cypress, California to a new building in Costa Mesa, California, 13 miles away. The move was first announced in June 2015. The new building is environmentally-friendly and larger than the previous headquarters. The facility features a solar panel array on the ...
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Giannico has chosen Roveda, the footwear manufacturer based in Parabiago,...
Giannico has chosen Roveda, the footwear manufacturer based in Parabiago, near Milan, to make its shoes. Roveda, owned by Chanel, will make Giannico's shoes starting with its spring/summer 2018 collection. The Giannico shoe brand was launched by Nicolò Beretta in 2013. Its first collection was presented at the fashion weeks ...
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Zalando and Bestseller United, a Danish clothing group, have entered...
Zalando and Bestseller United, a Danish clothing group, have entered into a joint venture agreement for the shared ownership of FashionTrade.com, the online fashion marketplace founded by Bestseller in 2015. Zalando enters into the joint venture with a capital increase at FashionTrade, which will boost the growth of the B2B ...
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The French Vivarte group has sold Kookaï, a big chain...
The French Vivarte group has sold Kookaï, a big chain of discount apparel shops, to an Australian company, Magi, that runs 39 Kookaï shops in its country. Vivarte's top management says it plans to examine any offers for two others of its assets – the André chain of shoe shops ...
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Marcato Capital Management has issued an ultimatum to Deckers Brand...
Marcato Capital Management has issued an ultimatum to Deckers Brand to sell itself at an attractive valuation or face a battle to oust the entire board of directors. An activist investor from San Francisco, Marcato said in a letter in June that that it was concerned about what it called ...
