All Corporate articles – Page 56
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Moody's has upgraded the corporate rating of Wolverine Worldwide from...
Moody's has upgraded the corporate rating of Wolverine Worldwide from Ba3 to Ba2. The rating agency has indicated that Wolverine is running fewer credit risks as its net debt has fallen below $900 million, the lowest level since its acquisition of the Sperry Top-sider, Keds, Stride Rite and Saucony from ...
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Hardy Capital Partners and some prominent Canadian investors have acquired...
Hardy Capital Partners and some prominent Canadian investors have acquired a couple of online stores for footwear. They have bought OnlineShoes.com, a relatively old and profitable virtual shoe shop based in Seattle, and ShoeMe.ca, a virtual shoe retailer across the U.S.-Canadian border in Vancouver. Together, the two online retailers are ...
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LaCrosse Footwear has acquired White's Boots, another American company that...
LaCrosse Footwear has acquired White's Boots, another American company that makes custom-made boots for logging and other commercial applications at its own factory in Spokane, Washington. The new owner will keep the factory and the store of the brand, where consumers can watch the manufacturing process. It will also retain ...
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Eurazeo, the biggest institutional shareholder in Moncler, has reported acquired...
Eurazeo, the biggest institutional shareholder in Moncler, has reported acquired a 10% stake in Desigual for €285 million
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China's Aokang has adopted the Lectra Fashion PLM system to...
China's Aokang has adopted the Lectra Fashion PLM system to step up its in-house design and development activities and to increase control of its supply chain
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Steve Madden is adopting the omni-channel personalization system of Certona...
Steve Madden is adopting the omni-channel personalization system of Certona to boost its online sales
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Birkenstock has informed customers that there could be delays in...
Birkenstock has informed customers that there could be delays in deliveries because of a sudden sales boom, particularly in the U.S. and other countries. As a result, Birkenstock's Alsa subsidiary will not transfer the production of footbeds and soles from Steinau-Uerzell to another site in Görlitz, as it had originally ...
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ISA TanTec, a German-owned tannery supplying top footwear brands globally,...
ISA TanTec, a German-owned tannery supplying top footwear brands globally, is setting up its first leather manufacturing facility in the U.S. The site will be located in Vicksburg, Mississippi and the project will be known as Mississippi TanTec Leather. ISA TanTec currently has operations in Saigon, Vietnam and Heshan City, ...
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Start-rite Shoes, the British children's shoe company, is said to...
Start-rite Shoes, the British children's shoe company, is said to be trying to raise additional capital to help fund its foreign expansion. Spayne Lindsay has been hired to look for an investor. According to Footwear Today, the company improved its sales to more than £24 million (€30.35m-$41.05m) last year and its ...
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Italia Holding Moda (IHM), the company recently set up by...
Italia Holding Moda (IHM), the company recently set up by Cleto Sagripanti with a partner to acquire and develop small and promising brands of Italian-made footwear and accessories, is about to take over another shoe company, says his sister Lara, confirming a report. IHM is already owns two other footwear ...
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The Louis Vuitton Foundation, located inside the Jardin d'Acclimatation on...
The Louis Vuitton Foundation, located inside the Jardin d'Acclimatation on the western side of Paris, is set to open its doors on Oct. 17
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Sarenza, the profitable French e-tailer specializing in high-margin shoes, has...
Sarenza, the profitable French e-tailer specializing in high-margin shoes, has reportedly obtained a new round of financing worth €74 million, largely reserved to two investment funds, LHD and BPI France, and a couple of private investors. Stéphane Treppoz and Hélène Boulet-Supau, who together hold 72 percent of the equity, would ...
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Members of the Migliorati and Modali families have secured ownership...
Members of the Migliorati and Modali families have secured ownership of the Fly Flot brand name at an auction of the assets of the former parent company that they controlled, Lones. They have not taken over the debt of the bankrupt Italian company, but they have bought its machinery and ...
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Kodiak is relocating its manufacturing operations to a site in...
Kodiak is relocating its manufacturing operations to a site in Cambridge, Ontario, and says it remains committed to making shoes in Canada
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Blake Mycoskie, who founded Toms Shoes in 2006, is looking...
Blake Mycoskie, who founded Toms Shoes in 2006, is looking for investors to take over his company, which may be worth as much as $600 million in spite of its generous “one for one” donations of shoes and eyewear, according to the Financial Times. The goal is to make the ...
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We have already reported that Zalando may go public on...
We have already reported that Zalando may go public on the stock exchange. Rocket Internet, one of the major shareholders of Zalando and other fashion websites around the world, has now mandated three investment consultants - Berenberg, JP Morgan Chase and Morgan Stanley - to study the possibility of launching ...
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Confirming the expansion plans already mentioned by the management of...
Confirming the expansion plans already mentioned by the management of its parent company, Prada, Church & Co. has bought two pieces of land near its factory in Northampton to raise its manufacturing capacity from 250,000 to 300,000 pairs this year, creating 150 new jobs. The construction work is set to ...
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Huntsman Polyurethanes is involved in Ara's already reported establishment of...
Huntsman Polyurethanes is involved in Ara's already reported establishment of a production line of directly injected polyurethane shoes at its Portuguese factory
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R.G. Barry, the company behind Dearfoams slippers, has announced that...
R.G. Barry, the company behind Dearfoams slippers, has announced that it is evaluating an alternative to its planned merger with affiliates of Mill Road Capital, a private equity firm. The Ohio-based footwear and accessories company said a party it did not identify has made an offer to acquire all of ...
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ANWR Group, the biggest German and European cooperative of independent...
ANWR Group, the biggest German and European cooperative of independent shoe retailers, has taken over Tom Holding, the holding company of Schuh and Sport Mücke Group, a Bavarian discount shoe and sporting goods retail chain, and its eleven stores in Bavaria. Schuh and Sport Mücke recorded sales of about €100 ...
