All Corporate articles – Page 54
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JAB Holdings (former Labelux) is shutting down Zagliani, the Italian...
JAB Holdings (former Labelux) is shutting down Zagliani, the Italian brand of high-end handbags that it bought in 2009, and folding it into Bally. It will continue to use Zagliani's worshop in Milan to make handbags for Bally, including customized products. The integration is being conducted by Giovanni Torchiani, a ...
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Groupe Royer has finally reached an agreement for the acquisition...
Groupe Royer has finally reached an agreement for the acquisition of Noël Soccer, the subsidiary of the Noël group that holds the Umbro license for France. Noël is known in the shoe market primarily for its Sledgers and Babybotte brands. As previously reported, a French court pronounced the insolvency of ...
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Aiming for greater efficiencies, Leder & Schuh, the Austrian shoe...
Aiming for greater efficiencies, Leder & Schuh, the Austrian shoe retailing group that owns Humanic, Stiefelkönig and other chains, is laying of 65 of the 300-odd employees at its head office in Graz
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Tata International has announced that it will establish a new...
Tata International has announced that it will establish a new factory near Chennai. The facility will involve an initial investment of around $4 million and will have an annual production capacity of two million pairs, bringing the group's total shoe production capacity to around 8.5 million pairs a year. The ...
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G-Star Raw will take back fully the development and sale...
G-Star Raw will take back fully the development and sale of its footwear lines from its licensee, Overland Shoes, starting in November. Based in the U.K. and run by a seasoned industry official, Stephen Palmer, Overland has been the licensee of the denim brand for nine years. Overland has been ...
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Simple has been reintroduced through a partnership between Harbor Footwear...
Simple has been reintroduced through a partnership between Harbor Footwear and Denis Ryan, the footwear veteran who acquired the Simple trademark and intellectual property rights from Deckers in late 2014. The ethical footwear firm closed in 2011 and is scheduled to relaunch this autumn. The full collection of men's and ...
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Intertek has inaugurated a new, energy-efficient and environmentally clean leather...
Intertek has inaugurated a new, energy-efficient and environmentally clean leather and footwear testing facility at Dhaka in Bangladesh. The testing group will also offer environmental auditing, testing, safety assessments and technical training services to the growing leather, leathergoods and footwear industry in the country.
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A new partner is expected to help Fornari, the parent...
A new partner is expected to help Fornari, the parent company of Fornarina, to expand online and in Asian markets, and to get out of insolvency proceedings. Its name should be revealed in the next few weeks, according to the Italian press. Led by Lino Fornari, the company is said ...
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Ecco is dismissing about 260 of its 1,000-plus employees at...
Ecco is dismissing about 260 of its 1,000-plus employees at its manufacturing facilities in Slovakia because of the tough conditions it is encountering in the Russian market
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Sycamore Partners, which acquired The Jones Group in April 2014...
Sycamore Partners, which acquired The Jones Group in April 2014 for $2.2 billion, appears to be interested in keeping only Nine West, Easy Spirit, Anne Klein and a few other operations. It announced that is studying strategic alternatives for the divestiture of the fashion brands Jones New York, Jones New ...
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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 – ...
