All Corporate articles – Page 51
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Pikolinos and Gioseppo are reported to have pledged to provide...
Pikolinos and Gioseppo are reported to have pledged to provide some financial support to salvage their local football club, Elche CF. The two Spanish footwear companies have apparently pledged €200,000 and €100,000, respectively, to help prevent the club's insolvency. Gioseppo is already a sponsor of the club. Elche ended the ...
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Clarks has signed a 15-year lease on a 120,000-square-foot property...
Clarks has signed a 15-year lease on a 120,000-square-foot property in Waltham, Massachusetts , previously occupied by Polaroid, that will house the new corporate headquarters of its American subsidiary. Construction work has already started. The staff is expected to move into the new, energy-efficient building in the autumn of 2016.
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Converse has inaugurated its new 10-floor headquarters on Boston's Lovejoy...
Converse has inaugurated its new 10-floor headquarters on Boston's Lovejoy Wharf, which also houses its sixth concept store in the U.S.
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Coach has closed the planned acquisition of Stuart Weitzman from...
Coach has closed the planned acquisition of Stuart Weitzman from Sycamore Partners, which had acquired the business from the former Jones Group. The leathergoods giant has made an initial cash payment of $530 million to Sycamore. It will be followed by the payment of up to $44 million, depending on ...
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Berkshire Partners, an investment firm based in Boston, has teamed...
Berkshire Partners, an investment firm based in Boston, has teamed up with the management at Implus Corporation to acquire a majority stake in the U.S. company, which owns a gaggle of accessory brands in the footwear and fitness markets. The stake was bought from Trilantic North America at an undisclosed ...
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Schuh, the British footwear retailer owned by Genesco, has decided...
Schuh, the British footwear retailer owned by Genesco, has decided to distribute a bonus of £25 million (€35.2m-$38.7m) among its 3,500-odd employees to reward its staff. When it took over the chain in 2011 for £125 million (€175.9m-$193.6m), the American parent company had agreed that it would establish a bonus ...
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Schoon, a well-known chain of 10 shoe shops in the...
Schoon, a well-known chain of 10 shoe shops in the U.K., has been taken over by a British entrepreneur previously involved in catering and recruitment, Mark Pinnock, with the support of an investment company, Tnui Asset Finance. The loss-making chain had been acquired in January 2014 by two British shoe ...
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More than 500 employees of Converse have moved to the...
More than 500 employees of Converse have moved to the company's new state-of-the-art head office in downtown Boston from its former suburban premises. It occupies more than 186,000 square feet in a renovated building on the waterfront.
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Kurt Geiger is apparently looking for a new investor. According...
Kurt Geiger is apparently looking for a new investor. According to Sky News, the new controlling shareholder of the British company, Sycamore Partners, has engaged Goldman Sachs to look at strategic alternatives, seeking a valuation of around £300 million (€410.9m-$446.1m). Sycamore bought Kurt Geiger early last year as part of ...
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Amazon has reportedly acquired Shoefitr, a company that has performed...
Amazon has reportedly acquired Shoefitr, a company that has performed 3D scans on hundreds of thousands of shoes by more than 1,000 brands to help customers to pick the right size for their feet. Based in Pittsburgh, the company was formed by a group of college athletes in 2010. Its ...
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Richard Kottler, who stopped acting as chief executive of the...
Richard Kottler, who stopped acting as chief executive of the British Footwear Association in 2014 after six successful years at its helm, has launched a new investment venture, Tailwind, to help small fashion and footwear businesses to find new sources of external financing. The consultancy will develop a business plan ...
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While selling Rockport, the Adidas Group is said to be...
While selling Rockport, the Adidas Group is said to be investing in Bucketfeet, a new and innovative American brand of canvas sneakers along with Gordon Segal, founder of Crate & Barrell, and others. Adidas, which is apparently making the investment through a fund called Hydra Ventures, declined to comment on ...
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CTC, the French-based quality certification agency for leather and leather...
CTC, the French-based quality certification agency for leather and leather products, has opened a new office and laboratory in Dhaka, the capital of Bangladesh. It will be run by Puneet Singh, who has already managed CTC India. The agency already has 11 other offices in China, India, Vietnam, Cambodia and ...
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Sequential Brands has agreed to buy from Camuto Group a...
Sequential Brands has agreed to buy from Camuto Group a majority stake in Jessica Simpson's brand. Last year, the brand's sales reached $1 billion. Simpson now designs products in more than 30 categories. Sequential has acquired the master license to the line, but Camuto will continue to produce the collection's ...
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Boxfresh, the British streetwear brand that belongs to Pentland Brands'...
Boxfresh, the British streetwear brand that belongs to Pentland Brands' portfolio, will drop its clothing line after the autumn 2015 season to focus on its core footwear business. Clothing accounted for less than 10 percent of Boxfresh's product offer and sales for autumn 2015. Boxfresh's products are sold by various ...
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Sperry Top-Sider has changed its brand name to Sperry and...
Sperry Top-Sider has changed its brand name to Sperry and launched a new logo
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Brown Shoe Company is going to change its name to...
Brown Shoe Company is going to change its name to Caleres, a Latin word that means “to glow,” after its May 28 annual meeting of shareholders. The American company says it is rebranding to position itself for “accelerated growth and global expansion.” It is also adjusting its “Star-Five-Star” logo, which ...
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A fire spread through the building hosting the European head...
A fire spread through the building hosting the European head office of Crocs in the Dutch town of Hoofddorp on April 9, but nobody was reported hurt
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Noël, the French shoe company that went into receivership last...
Noël, the French shoe company that went into receivership last December, is reportedly interested in divesting Sledgers, its brand of men's shoes, to focus on Babybotte, its brand of children's shoes
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Idana, the German private label specialist that has taken on...
Idana, the German private label specialist that has taken on a license for Bruno Banani shoes, has opened a sourcing office in Vietnam
