All Corporate articles – Page 41
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A French court has given Samson six months to recover...
A French court has given Samson six months to recover from its financial problems. The French producer of Artika Soft shoes has been in receivership since last October. It has laid off 34 workers, putting an end to all its manufacturing activities in France and leaving it with about 20 ...
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Advanced discussions have been taking place lately with potential investors...
Advanced discussions have been taking place lately with potential investors in Erich Rohde, the insolvent German shoe company, according to its receiver, Frank Schmitt. The discussions have concerned a possible takeover of the whole company or just its brand name, according to Schuhkurier. A solution should be found by the ...
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LVMH has announced the creation of LVMH Luxury Ventures, a...
LVMH has announced the creation of LVMH Luxury Ventures, a vehicle for the French conglomerate to invest in emerging companies in the fashion, cosmetics or accessories businesses. LVMH Luxury Ventures will be headed by Julie Bercovy, the group's deputy-head of mergers and acquisitions. The new venture will have a starting ...
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A court in Marburg opened insolvency proceedings on Jan. 1...
A court in Marburg opened insolvency proceedings on Jan. 1 for Erich Rohde, the venerable German shoe company, confirming Frank Schmitt as receiver. He has already started discussions with potential new investors. Under his management, about 40 of Rohde's 138 employees have already been dismissed since the company requested bankruptcy ...
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The share price of Tod's went up by nearly 13...
The share price of Tod's went up by nearly 13 percent yesterday after the reported acquisition of a 3 percent stake in the company by an Italian fund managed by Andrea Bonomi, who also has investments in Sergio Rossi, Artsana and other Italian medium-sized companies.
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Jamie Cygielman has been appointed from Jan. 3 as executive...
Jamie Cygielman has been appointed from Jan. 3 as executive vice president and chief marketing officer at Iconix Brand Group, the U.S. company that has rights to brands from Umbro to Danskin, Starter, Pony and Ocean Pacific. She joins after marketing and business development functions at companies such as The ...
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We have reported about many bankruptcies and shutdowns in the...
We have reported about many bankruptcies and shutdowns in the German shoe retail sector in the past year. Schuhhaus Wachendorf, an important, family-owned shoe store in Bremen that was affiliated with the ANWR group, closed its doors on Dec. 17 after 140 years in operation, reports Schuhkurier. The 400-square-meter store ...
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An unnamed investor has reportedly acquired a major shareholding in...
An unnamed investor has reportedly acquired a major shareholding in Budapester, a German online and offline retailer of luxury shoes and handbags, giving the company a valuation of €10 million. The business plan calls for an expansion of the offering and the launch of dedicated websites for the markets of ...
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Flojos has been acquired by The Courtney Group, a private...
Flojos has been acquired by The Courtney Group, a private equity firm based in Newport Beach, California, for an undisclosed amount. The Courtney Group has purchased the family-owned brand of rubber sandals from Nellie and Sheng Yen Lin, a married couple. John Dickinson, who is also a stakeholder in the label, ...
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Wolverine Worldwide announced a few weeks ago the sale of...
Wolverine Worldwide announced a few weeks ago the sale of Robeez, the premium brand of soft-soled footwear for babies and toddlers, which belonged to its Stride Rite subsidiary, but it did not disclose the identity of the buyer. Now it is known that Robeez' new owner is McCubbin Hosiery, an ...
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Alpargatas is reportedly planning to close two small factories in...
Alpargatas is reportedly planning to close two small factories in Argentina that employ around 70 people. The shutdown is said to be related to new import policies for footwear that make it easier for the Brazilian company to supply the Argentinian market from Brazil.
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Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike &...
Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike & Trekking, The Right Size and other Dutch trade magazines are been published by a new company, 333 Media, following the bankruptcy in November of Maruba Sports & Travel Publishers. The new company was started by Maas van Drie, former owner ...
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The ANWR Group, which is becoming more and more digitalized,...
The ANWR Group, which is becoming more and more digitalized, conducted a test with RFID chips at two affiliated retail companies up to the end of last year. At a recent conference on the future of retailing at its campus in Mainhausen, ANWR said it is also working on the ...
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People Group, a big Chinese group that makes and sells...
People Group, a big Chinese group that makes and sells shoes, handbags and accessories, has acquired Fornarina through a company based in Hong Kong, Bright Fame Holdings. Based in the Marche region of Italy, Fornarina, which was one of the first Italian shoe and apparel companies to do business in ...
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A big Brazilian manufacturer, Usaflex, is planning to open two...
A big Brazilian manufacturer, Usaflex, is planning to open two new shoe factories employing 2,000 people in the state of Rio Grande do Sul. Founded in 1998 and specializing in comfort and fashion shoes, the company already employs 2,800 people at seven other facilities in the state which have a ...
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Marc Fisher Footwear has bought Easy Spirit, the comfort shoe...
Marc Fisher Footwear has bought Easy Spirit, the comfort shoe brand of Nine West Holdings, from Sycamore Partners, which had acquired Nine West's parent company, the Jones Group, in 2014. Marc Fisher, who has been in the shoe business for more than 30 years, worked for Easy Spirit under his ...
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Together with the two other footwear brands of the recently...
Together with the two other footwear brands of the recently formed Rockport Group – Aravon and Dunham - Rockport is moving its global corporate headquarters from Canton, Massachusetts to another town in the Greater Boston Area. The new head office of the group is located in West Newton and offers ...
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Kindy, the French company that owns the Catimini and GBB...
Kindy, the French company that owns the Catimini and GBB brands of children's shoes, is in an active phase of discussions with potential investor in a bid to boost its equity and avoid bankruptcy proceedings. The company, which also produces socks under various brand names, is said to be affected ...
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Local reports indicate that an Italian entrepreneur, Enrico Rossi, is...
Local reports indicate that an Italian entrepreneur, Enrico Rossi, is planning to open a new shoe factory in Serbia in the autumn of this year, employing 600 people, through a company called East West. Enrico Rossi and his brother Romano already operate in Serbia through another firm, Progetti, that makes ...
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Strauss Innovation, a German chain of variety stores with 57...
Strauss Innovation, a German chain of variety stores with 57 locations and about 570 employees in the country, plans to gradually phase out its operations by the end of February, after failing to find an investor. It filed for insolvency in Düsseldorf for the third time on Sept. 22.
