All Corporate articles – Page 44
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The ANWR Group has acquired a minority stake in a...
The ANWR Group has acquired a minority stake in a Dutch online shoe retailer, Topshoe.nl, which was founded in 2011 by Han Landmann. Currently, more than 40 shoe retailers with 80 stores and over 400 shoe labels are affiliated members of Topshoe.nl, which offers a platform to market the retailers' ...
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Jones Bootmaker and Brantano UK, both owned by Alteri Investors,...
Jones Bootmaker and Brantano UK, both owned by Alteri Investors, have outsourced their warehousing and store deliveries to the DHL facility in Hams Hall, near Birmingham. Their warehouse in Coalville, Leicestershire was closed at the end of July. The two footwear firms have also moved their joint head office from ...
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Camuto Group has announced the purchase of a majority stake in...
Camuto Group has announced the purchase of a majority stake in Sole Society. The transaction, whose terms were not disclosed, marks Camuto's first digital acquisition. Nordstrom, the former majority owner of the women's shoes, bags and accessories brand, will remain a minority owner, and Nordstrom will continue to carry Sole Society ...
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Wolverine Worldwide's board of directors has authorized a new stock...
Wolverine Worldwide's board of directors has authorized a new stock repurchase program for up to $300 million, replacing the balance of a program it had approved in 2014. The company will also issue 10-year bonds with a face value of $250 million that will help redeem a series of outstanding ...
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Filling jobs in Vietnam is likely to become more difficult...
Filling jobs in Vietnam is likely to become more difficult for employers in several key industries, including footwear, according to the International Labor Organization. A recent I.L.O. report projects that the number of positions available to Vietnamese workers is likely to increase by 14.5 percent between now and 2025, giving ...
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K- Swiss Global Brands is planning to relocate its global...
K- Swiss Global Brands is planning to relocate its global headquarters from Westlake Village, California to the Pac Mutual Building in downtown Los Angeles by Jan. 1, 2017. The new facility will house global operations for K-Swiss and the sister brands Supra, Palladium and Otz Shoes, as well as operations ...
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Indonesian footwear producers are building up capacity in Central Java...
Indonesian footwear producers are building up capacity in Central Java to cut production costs and compete with their industry rivals in Vietnam, according to footwearbiz.com. The website quotes Selalu Cinta Indonesia, a subsidiary of the Karet Murni Kencana Group, as saying that it is building a production unit in the ...
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Supra has opened a multi-purpose creative space conceptualized by Chad...
Supra has opened a multi-purpose creative space conceptualized by Chad Muska in Los Angeles, called Melrose/Fairfax that includes a pop-up retail shop for its footwear and clothing
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Vans has opened a skate park in the Swedish city...
Vans has opened a skate park in the Swedish city of Malmö
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Vibram USA has opened a new footwear soling facility in...
Vibram USA has opened a new footwear soling facility in Watertown, South Dakota, in combination with Glacial Lakes Rubber & Plastics
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Keen Footwear is using robots to make its Uneek shoes...
Keen Footwear is using robots to make its Uneek shoes in half the time required with the conventional manufacturing process. The robots, which were developed by ABB, were presented at its booth at the Outdoor Retailer show in Salt Lake City at the beginning of this month. Retailers have shown ...
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A Serbian newspaper, Vecernje Novosti, picked up by the Italian...
A Serbian newspaper, Vecernje Novosti, picked up by the Italian media, said that part of the staff of Geox' new local plant in Vranje is unsatisfied with working conditions. Vecernje Novosti said that some members of the staff have complained to the local authorities, adding that the Serbian labor ministry ...
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The Benetton family has acquired a stake of 0.21 percent...
The Benetton family has acquired a stake of 0.21 percent in Hermès for €72 million through its holding company, Edizione Holding
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In Cuba, a new investment of up to $10 million...
In Cuba, a new investment of up to $10 million by a Chinese industrial partner will lead to the opening of a new factory in Havana for the production of dress shoes and footwear for men, women and children. According to reports in Footwearbiz, the new facility will have eight ...
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During ANWR's general meeting, held in Rotterdam on June 20,...
During ANWR's general meeting, held in Rotterdam on June 20, the affiliated retail members of the group decided that Schuh & Sport Mücke, the big German shoe and sporting goods retail chain that was acquired by ANWR in May 2015, will be kept as a private company under ANWR's ownership. ...
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Philippe Model Paris has been acquired by 21 Investimenti, the...
Philippe Model Paris has been acquired by 21 Investimenti, the investment fund owned by Alessandro Benetton. Paolo Gambato and Roberto Doro, the former owners, will both keep their roles as designer and managing director, respectively, and will stay on as shareholders. The investment fund has reportedly acquired 70 percent of ...
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Yves Saint Laurent is reportedly investing €5 million in a...
Yves Saint Laurent is reportedly investing €5 million in a new shoe factory in the Brenta footwear district, between Venice and Padua. According to Mff, the French fashion house started the construction work for the new factory in Vigonza, near Padua, in May. The facility will occupy a surface of ...
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Hermès International has acquired a minority stake in the shoe...
Hermès International has acquired a minority stake in the shoe brand Pierre Hardy. The financial details of the transaction were not disclosed. Pierre Hardy fully owns three stores, the last of which was opened in Tokyo's Aoyama area in April, and is sold in 200 shops worldwide. Hardy has designed ...
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Implus, the acquisitive U.S. company that owns a raft of...
Implus, the acquisitive U.S. company that owns a raft of sports, outdoor and footwear accessories brands, has snapped up the assets of MCN Solutions in Cape Town, a South African distribution partner for Implus and other sporting goods companies. The move will enable Implus to have its own organization in ...
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Backed by Berkshire Partners, Implus has taken over Spenco Medical...
Backed by Berkshire Partners, Implus has taken over Spenco Medical Corp.'s insole business and its 2nd Skin medical adhesive line. It will integrate them into its insole business, which comprises the Sof Sole and Sof Comfort brands among others. Implus will also acquire Spenco's Canadian operations. The remaining operations of ...
