All Corporate articles – Page 60
-
News briefs
A Japanese manufacturer of shoes and leathergoods, Hiroki, is also...
A Japanese manufacturer of shoes and leathergoods, Hiroki, is also starting up a factory in Ethiopia this month. Called Hiroki Addis, it will make leather shoes, garments and handbags with local leathers that will be exported to Japan.
-
News briefs
The big Chinese Huajian Group in Dongguan plans to open...
The big Chinese Huajian Group in Dongguan plans to open a factory in Ethiopia, near Addis Ababa, that is supposed to manufacture about five million pairs of shoes a year with some 10,000 workers. Jean-Pierre Bidegain, the French journalist who is reporting the project, saw some of the Ethiopian workers ...
-
News briefs
The Merkur Shoe Group (MSG), a German buying group for...
The Merkur Shoe Group (MSG), a German buying group for shoe retailers, is taking over 23 of the 56 shoe shops of Fink Schue + Sport, the insolvent German retailer. They are not touching any of the eight sporting goods stores that have been operated by Fink. Members of MSG will be ...
-
Short stops
A Rockport Design Studio was opened in the Veneto region...
A Rockport Design Studio was opened in the Veneto region of Italy last year to get access to know-how in women's design, technical shoe development and the fashion industry in general
-
Short stops
Tod's will open a new factory for leathergoods at Pontassieve,...
Tod's will open a new factory for leathergoods at Pontassieve, near Florence
-
News briefs
Genesco has amended and restate its revolving credit facility for...
Genesco has amended and restate its revolving credit facility for an aggregate principal amount of $400 million, including a $70 million sublimit for the issuance of letters of credit and other clauses. A sub-facility for the U.K. limits the total amount to a maximum credit of $50 million, one-fifth of ...
-
News briefs
CTC has announced the acquisition of 100 percent of the...
CTC has announced the acquisition of 100 percent of the capital of STR France, of which it has been a shareholder alongside U.S.-based STR since 2001. CTC is a big French consultancy firm specializing in quality assurance, testing and training for the shoe and leathergoods businesses. STR France offers the ...
-
Short stops
Shoe Carnival has announced an extension of its $25 million...
Shoe Carnival has announced an extension of its $25 million share repurchase program to Dec. 31, 2014
-
News briefs
Adelchi has broken up with its former manufacturing partner in...
Adelchi has broken up with its former manufacturing partner in Bangladesh, Apex Adelchi, which has set up its own independent operation, and formed a partnership with another shoe manufacturer, Bengal Shoe Industries Ltd. (BSIL), that has a three-year-old, state-of-the-art factory employing 1,000 people at Rakhala. It is a subsidiary of ...
-
News briefs
Birkenstock plans to move its marketing, communication and administrative department...
Birkenstock plans to move its marketing, communication and administrative department to new offices in Neustadt in March to join the group's sales team, which moved there from its former headquarters in Vettelschoss at the beginning of this year. Birkenstock has rented three buildings in the business park of Neustadt, covering ...
-
Short stops
Clarks is beginning to manufacture some shoes again in the...
Clarks is beginning to manufacture some shoes again in the northern part of Portugal
-
News briefs
Dr. Martens has announced that, further to a statement made...
Dr. Martens has announced that, further to a statement made on Oct. 24, 2013, an investment vehicle backed by the Permira Funds has completed the acquisition of R. Griggs Group, the parent company and licensee-in-perpetuity of the Dr. Martens brand, for £300 million (€364.2m-$493.5m). In addition, the iconic British brand ...
-
News briefs
Arvato, a subsidiary of the Bertelsmann publishing group, is taking...
Arvato, a subsidiary of the Bertelsmann publishing group, is taking over Netrada, a German e-commerce platform that recently filed for bankruptcy. Netrada operates more than 80 online stores in the fashion sector including those of Görtz, Esprit, C&A, Lacoste and Puma. Most of the 2,200 employees of Netrada should keep ...
-
News briefs
Chinese authorities are reportedly conducting an investigation into the causes...
Chinese authorities are reportedly conducting an investigation into the causes of a fire that took the lives of at least 16 workers at the Dadong Shoe factory in the town of Wenling, in Zhejiang province, on Jan. 14. Firefighters rescued more than 20 employees, and five of them were taken ...
-
Short stops
The Samwer brothers, who participated in the launch of Zalando...
The Samwer brothers, who participated in the launch of Zalando and other shoe and fashion e-commerce platforms through Rocket Internet, are reportedly contemplating the start-up of an online bank and a virtual furniture store called Home24
-
News briefs
Robert Polet, the former chief executive of the Gucci Group,...
Robert Polet, the former chief executive of the Gucci Group, is investing an unspecified amount in Scarosso, a fast-growing German online shoe shop founded three years ago by two young managers, Moritz Offeney and Marco Reiter. It specializes in the sale of high-quality men's and women's shoes from the Marche ...
-
News briefs
Skomagazinet has changed ownership. As of Jan. 1, Agneta Trägårdh...
Skomagazinet has changed ownership. As of Jan. 1, Agneta Trägårdh will take over as owner and chief editor, replacing Mariette Baecklund, founder of the Swedish footwear industry magazine, who ran it for the past 16 years. The 53-year-old has a lengthy background in journalism and in the footwear sector. Five ...
-
News briefs
Sympatex Holding has completed the sale of bonds worth €13...
Sympatex Holding has completed the sale of bonds worth €13 million, with a coupon of 8 percent and maturing in five years' time. They are trading on the Open Market of the Deutsche Börse. The management says that 30 percent of the proceeds will be invested in product development and ...
-
News briefs
Giuseppe Zanotti has agreed to sell a 30 percent stake...
Giuseppe Zanotti has agreed to sell a 30 percent stake in Giuseppe Zanotti Design to L Capital, the investment fund sponsored by LVMH and Groupe Arnault, according to a press report that could not be verified by the time of going to press. Zanotti has his eponymous shoe collection and ...
-
News briefs
Lohemann's, an American chain of 39 low-priced shoe stores, has...
Lohemann's, an American chain of 39 low-priced shoe stores, has filed for Chapter 11 bankruptcy protection for the third time since 1999, reportedly because it was late in moving into e-commerce at the end of 2011. Liquidation sales are due to begin in January. Meanwhile, three strategic financial buyers are ...
