All Corporate articles – Page 46
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News briefs
The Bata chain in France is going once more through...
The Bata chain in France is going once more through bankruptcy proceedings. A court in Nanterre set March 9 as the deadline to receive bids for the acquisition of its remaining 72 stores. The chain was already downsized in connection with the previous insolvency of Bata France in November 2014, ...
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News briefs
Philippe Model, the French brand of high-end sneakers and various...
Philippe Model, the French brand of high-end sneakers and various accessories, is likely to be sold by an English fund, WFM, to 21 Investimenti, the private equity firm run by Alessandro Benetton, according to Pambianconews. The price of the transaction should be higher than €90 million, nine times last year's ...
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News briefs
Joya, the comfort shoe brand from Switzerland, moved 10 percent...
Joya, the comfort shoe brand from Switzerland, moved 10 percent of its production to Turkey. Joya works together with a local partner in Turkey for the production of small shoe collections, more fashionable designs as well as limited editions. The plan is to increase the production in Turkey to 20-30 ...
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News briefs
The Danish Bestseller Group has agreed in principle to acquire...
The Danish Bestseller Group has agreed in principle to acquire a majority stake in Bianco Footwear, a Dutch-based group that has built up a network of more than 140 corporate and franchised stores in Scandinavia, the German-speaking countries, Poland and the Middle East. The stores sell only Bianco's private label ...
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News briefs
Marc Shoes has made adjustments to the product development and...
Marc Shoes has made adjustments to the product development and sourcing process to regain the confidence of some retailers that had stopped working with the German brand because of quality and delivery problems. Its shoes were previously made for the most part in India and some other Asian countries. Now ...
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News briefs
Shoes.com, the growing North American online shoe retailing group set...
Shoes.com, the growing North American online shoe retailing group set up by Roger Hardy in 2014, after his sale of a Canadian-based online store for eyeglasses and contact lenses to Essilor, wants to raise between $25 million and $50 million in private funding to help finance some new acquisitions, according ...
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News briefs
Hub, the Dutch footwear brand, moved the production of its...
Hub, the Dutch footwear brand, moved the production of its shoe collection from China to Vietnam six months ago. A production partner in Vietnam now takes care of Hub's full shoe collection. The company was previously working with various production partners in China. Only shoes with leather outsoles, a small ...
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News briefs
Iconix Brand Group, the owner of Umbro, Candie's and several...
Iconix Brand Group, the owner of Umbro, Candie's and several other brands, has adopted a short-term shareholder rights plan after a sharp decline in its share price in recent months. Sports Direct International (SDI), the British retailer, acquired indirect economic interests amounting to 14.4 percent in Iconix in the last ...
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News briefs
Bruce Katz, a co-founder of Rockport, has opened a new...
Bruce Katz, a co-founder of Rockport, has opened a new office in Costa Mesa, California for his new line of comfortable and functional men's shoes, called Samuel Hubbard, which are made in Portugal. The line, which was launched in 2014, takes its name from the Hubbard Shoe Company, a children's ...
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News briefs
Genesco is selling its Lids Team Sports business to BSN...
Genesco is selling its Lids Team Sports business to BSN Sports in a further effort to improve the profitability of its Lids Sports Group of stores. The proceeds will be mainly used to finance a new program to buy back up to $100 million of its common stock. It has ...
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News briefs
Bullboxer will move its shoe production to Italy and Portugal,...
Bullboxer will move its shoe production to Italy and Portugal, starting with full spring/summer 2017 collection. The autumn/winter 2016/17 collection was already partly made in the two countries. Previously, Bullboxer was working together with production partners in Romania and China. The Dutch brand will also launch a B2B online platform ...
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News briefs
Richter raised the production capacity of its own factory in...
Richter raised the production capacity of its own factory in Partizánske, Slovenia, from a daily production of 1,150 pairs to 1,600 pairs per day in the last 4-6 months. In 2015, Richter sold a total of 850,000 pairs of shoes, 600,000 were made in the company's own factory in Slovenia. ...
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News briefs
The new owners of Brantano U.K. are considering a reduction...
The new owners of Brantano U.K. are considering a reduction in the number of jobs at the chain, according to The Sunday Times. The process may entail the closure of some of its 140 stores and 60 concessions in the U.K. As we have previously reported, Macintosh Retail Group sold ...
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Short stops
A contract for the sale of the Hamm Reno retail...
A contract for the sale of the Hamm Reno retail group is expected to be signed during the month of February, says Schuhkurier
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News briefs
Deichmann is moving its U.K. office to larger premises next...
Deichmann is moving its U.K. office to larger premises next April. The move follows the continued expansion of its business in the country, where it operates 96 stores. Eight of them were opened in 2015. More are going to follow this year.
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News briefs
Zalando officially opened on Dec. 15 its first logistics center...
Zalando officially opened on Dec. 15 its first logistics center outside of Germany in Stradella, northern Italy. The 20,000-square-meter structure is supposed to cover the majority of Italian orders, and to respond to the increasing demand on the emerging Italian e-commerce market. The first products are already stored in Stradella ...
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Short stops
Schlatsholt, a German shoe retail chain with 22 stores in...
Schlatsholt, a German shoe retail chain with 22 stores in the densely populated Ruhr area of Germany, has reportedly obtained a special type of bankruptcy protection from creditors, after court approval of a reorganization program
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News briefs
To prepare itself for accelerated growth in Europe, Skechers is...
To prepare itself for accelerated growth in Europe, Skechers is again raising the capacity and efficiency of its European distribution center in Belgium. A new phase of expansion will take the total warehousing surface to more than 100,000 sqm. by next April. The 13-year-old facility, which gets its products through ...
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News briefs
R.M. Williams has announced that Hugh Jackman, the well-known Australian...
R.M. Williams has announced that Hugh Jackman, the well-known Australian actor, has become a private investor in the company, alongside majority shareholder L Capital Asia and IFM Investors. The Australian shoe firm, which was founded by Reginald Murray Williams in 1932, hopes the fame of the new shareholder will promote ...
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News briefs
OluKai, the California-based lifestyle footwear company, has made an unspecified...
OluKai, the California-based lifestyle footwear company, has made an unspecified investment in Kaenon, the Californian brand of sunglasses. Darren Rosenberg will continue to run Kaenon as an independent entity. Known for its proprietary SR-91 polarized lenses, Kaenon was founded in 2001 by Darren and his brother Steve, who has left ...
