All Corporate articles – Page 53
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Steve Madden has announced that it has acquired the intellectual...
Steve Madden has announced that it has acquired the intellectual property and related assets of Blondo from Regence Footwear and 3074153Canada. The terms of the transaction were not disclosed. Blondo, a footwear brand specializing in waterproof leather boots, was founded more than a century ago. It sells its products to ...
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Alexandria has announced that it is to close down after...
Alexandria has announced that it is to close down after 70 years in business. The Italian footwear maker, based in Alessandria, in Piedmont, said the decision has been caused by the difficulties caused by the long economic downturn. It was the last remaining large-scale shoe manufacturer in the province of ...
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After campaigning for entrepreneurship over the last few years, Diego...
After campaigning for entrepreneurship over the last few years, Diego della Valle, chairman, chief executive and a major shareholder in Tod's, is reportedly planning to form a new political party, called “Noi Italiani”
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Shoon is up for sale again. The owners of the...
Shoon is up for sale again. The owners of the English footwear chain have hired advisers at BDO to search for a buyer, less than a year after it was sold to the former bosses of Jones Bootmaker, industry veterans Ken Bartle and Peter Phillips. According to reports in The ...
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The board of directors of Shoe Carnival, the U.S. shoe...
The board of directors of Shoe Carnival, the U.S. shoe retail chain, has authorized a new $25 million share repurchase program starting on Jan. 1
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Prada Holding, which recently settled the fiscal claims of Italian...
Prada Holding, which recently settled the fiscal claims of Italian tax authorities, has moved its registered office from Luxembourg to Milan. New on the board of directors is Lorenzo Bertelli, 27, who is the eldest son of the group's main shareholders and executives, Patrizio Bertelli and Miuccia Prada.
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Lotto Sport Italia and Stonefly, which share some managers and...
Lotto Sport Italia and Stonefly, which share some managers and shareholders, are reportedly studying a possible alliance at the administrative and logistic levels (to be covered in the next regular issues)
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With a stock market capitalization of around €6.2 billion, Zalando...
With a stock market capitalization of around €6.2 billion, Zalando is set to move into the SDax index of the Frankfurt Stock Exchange on Dec. 22, joining Puma and other firms. The company, which has been listed since Oct. 1, had reportedly sought to join the higher-level MDax index, taking ...
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The Dutch shoe designer Fred de la Bretonière, 69, has...
The Dutch shoe designer Fred de la Bretonière, 69, has left the executive board of Estral BV, the Dutch shoes and accessories company, which he founded. The investor Karmijn Kapitaal acquired a majority stake in the company and its three brands Fred de la Bretonière, Shabbies Amsterdam and Fretons. De ...
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A court in Bologna has accepted Bruno Magli's insolvency and...
A court in Bologna has accepted Bruno Magli's insolvency and given its latest owner, Da Vinci Invest, time until March 3 to find new investors and to present a financial reorganization plan to its creditors. According to the Itlian press, three funds - Carlyle, Blue Star and Neuberger Berman – ...
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Sanita Footwear is expanding its activities in the growing area...
Sanita Footwear is expanding its activities in the growing area of work and safety shoes with the acquisition of the operations in this sector of another Danish company, Green Comfort. Synergies are expected in terms of product, considering the more modern and sporty look of Green Comfort's offerings, as well ...
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Brown Shoe Co., Coach and a private equity fund, Advent...
Brown Shoe Co., Coach and a private equity fund, Advent International Corp., are the last remaining candidates for the acquisition of Stuart Weitzman, according to various media, and they are all conducting a due diligence investigation of its accounts. Sycamore Partners, who bought the Jones Group earlier this year for ...
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A court in Macerata is expected to approve shortly the...
A court in Macerata is expected to approve shortly the insolvency of another Italian medium-sized shoe company, Cesare Paciotti, says the financial daily Il Sole 24 Ore. According to the newspaper, the company is proposing to pay back 35 percent of its debts of €20 million and to close down ...
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BASF Poliuretani Italia is merging into BASF Italia
BASF Poliuretani Italia is merging into BASF Italia
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The Chinese government plans to create three new free-trade zones...
The Chinese government plans to create three new free-trade zones in the provinces of Guangdong and Fujian and in the port city of Tianjin, modeled after the Shanghai free zone set up one year ago
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News briefs
We already reported about the acquisition of Harrys of London...
We already reported about the acquisition of Harrys of London by an investment fund, Palladin Consumer Retail Partners. According to Drapers magazine, the new owners are planning to develop the shoe retail chain internationally, starting with four new stores in Saudi Arabia, Bahrain, Doha and Riyadh. It also plans to ...
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Arezzo, the big Brazilian shoe retailer and brand owner, advises...
Arezzo, the big Brazilian shoe retailer and brand owner, advises suppliers to stop sending their bills between Dec. 15 and Jan. 10 because of the installation of an SAP system
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Boot Barn, the American shoe retailer specializing in Western boots,...
Boot Barn, the American shoe retailer specializing in Western boots, has completed its initial public offering on the New York Stock Exchange, trading since Oct. 30 under the symbol “BOOT.” It has collected total net proceeds of about $82.7 million from the sale of 5,750,000 shares at $16.00 apiece, including ...
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Ka & Ka, the holding company behind The Flexx, changed...
Ka & Ka, the holding company behind The Flexx, changed its name to The Flexx on Oct. 20
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Camper has bought a building in Barcelona to double the...
Camper has bought a building in Barcelona to double the space of its hotel, Casa Camper, according to reports in modaes.es. The Spanish footwear company already owns the Dos Palillos restaurant in the building. After renovations, the hotel will communicate directly with the restaurant. The first Camper hotel was opened ...
