All Corporate articles – Page 60
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Adidas has decided to stop marketing SLVR, its premium fashion...
Adidas has decided to stop marketing SLVR, its premium fashion brand of clothing and footwear, after the current autumn/winter collection. It had been showing the line, introduced at the beginning of 2009, at Micam and other fairs. Starting in spring 2014, Adidas will come up with a new approach for ...
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Two candidates have been invited to present their offers for...
Two candidates have been invited to present their offers for the acquisition of Jallatte, the French work boot manufacturer owned by the JAL group
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Clariant, the Swiss maker of specialty chemicals, is in exclusive...
Clariant, the Swiss maker of specialty chemicals, is in exclusive talks to sell its leather services business to Stahl. The deal could close in 2014. Clariant announced its intention to sell the business in Nov. 2012. Under the terms of the proposal, Clariant would receive a 23 percent stake in ...
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Reckitt-Benckiser, which took over SSL International, parent company of Scholl,...
Reckitt-Benckiser, which took over SSL International, parent company of Scholl, in July 2010, has informed all the European shoe retailers that have been selling Scholl footwear that they will not be able to order them anymore, starting with the spring/summer 2014 season. According a top official of Scholl in Milan, ...
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Netrada Europe, a German company that has supplied e-commerce services...
Netrada Europe, a German company that has supplied e-commerce services to more than 80 brands, has filed for insolvency, due apparently to a cash squeeze caused by its rapid development. Sources indicate that it has the backing of the banks and that it plans to continue to operate normally, going ...
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Pittards, a major supplier of leather to the sporting goods...
Pittards, a major supplier of leather to the sporting goods sector, says it refused a cash offer for the acquisition of its shares
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Prada is getting ready to invest €10 million in Ancona,...
Prada is getting ready to invest €10 million in Ancona, in the Italian region of the Marche. The luxury firm has chosen the industrial area of Baraccola, where other brands like Bally already have their offices, to set up its creative hub for fashion collections as well as its logistics ...
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Belle International has agreed to acquire Longhao Tiandi, a Chinese...
Belle International has agreed to acquire Longhao Tiandi, a Chinese footwear company positioned in the high-end casual and luxury footwear market, that owns SKAP, Dragonsea and other brands of shoes and designer handbags. Belle will pay the equivalent of $17 million in the transaction, which is due to close in ...
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An unnamed investor is in advanced talks for a possible...
An unnamed investor is in advanced talks for a possible sale of Dr. Martens, according to an unconfirmed report in The Wall Street Journal. The British owner of the brand, R. Griggs, had mandated Rothschild Trust Holding more than a year ago to sound out potential buyers. Some investment funds ...
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Fratelli Rossetti has mandated a financial advisor, Carretti & Associati,...
Fratelli Rossetti has mandated a financial advisor, Carretti & Associati, to find a strategic or institutional investor who may be willing to put more equity into the Italian footwear company. The main goal is to enable the company to make major investments in the Chinese market and other parts of ...
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RG Barry may go private, too. The American producer of...
RG Barry may go private, too. The American producer of footwear and other accessories has received a takeover offer from a private investment firm, Mill Road Capital Management, which already owns 8.6 percent of its shares. It is proposing to pay out the remaining shareholders at a price of $20.00 a ...
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Two private investment companies, KKR & Co and Sycamore Partners,...
Two private investment companies, KKR & Co and Sycamore Partners, are considering a bid for Jones Group, according to The Wall Street Journal. Other strategic and institutional investors have reportedly shown interest in parts of the company, which could then see its footwear retail and wholesale operations split off. ...
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Lorbac, an Italian brand of women's shoes manufactured at Castelfranco...
Lorbac, an Italian brand of women's shoes manufactured at Castelfranco di Sotto near Pisa, is planning to shut down its local factory, resulting in temporary layoffs for some 80 employees. The workers have been demonstrating in front of the factory and the house of the Bachini family, which started the ...
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While relinquishing the role of chief executive of Manas, the...
While relinquishing the role of chief executive of Manas, the Italian family-owned shoe company in which he still holds shares (see the related article in this issue), Cleto Sagripanti is launching a new company together with other Italian investors to take over small Italian firms specializing in fashion and accessories. ...
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One Distribution, the producer of Supra footwear, has opened a...
One Distribution, the producer of Supra footwear, has opened a new sourcing and development facility in Dongguan, China. The new 3,000-square-foot office facility has a staff of 17 and is headed by Udi Shiloah, Supra's vice president of footwear, who has moved to China to supervise operations. ODR will oversee ...
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The Merchant House International Group is moving a footwear production...
The Merchant House International Group is moving a footwear production line from China to the U.S., in response to strong U.S. retail demand for its men's leather boots and shoes. The sourcing group will open its first U.S. footwear manufacturing facility in Jefferson County, Tennessee, replacing a footwear line from ...
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Birkenstock is reportedly planning to double its production by 2020....
Birkenstock is reportedly planning to double its production by 2020. In order to reach this ambitious objective, Birkenstock plans to move its subsidiary Alsa, manufacturer of soles for running shoes and insoles, to the German town of Görlitz, where the subsidiary has had a branch office since 2009. Birkenstock acquired ...
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Sergio Rossi is reportedly for sale. According to the Italian...
Sergio Rossi is reportedly for sale. According to the Italian daily Il Sole 24 Ore, Kering, the French luxury conglomerate formerly known as PPR, has given a mandate to Mediobanca to sell the famous shoe brand. Sergio Rossi, whose models have been worn by international stars such as Gwyneth Paltrow ...
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Church & Co has announced plans to expand its production...
Church & Co has announced plans to expand its production capacity in Northampton, where it has been based for 140 years, in order to meet growing demand from overseas. The British traditional footwear maker, which is owned by the Italian luxury group Prada, has signed a deal with local authorities ...
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Anders Holch Povlsen, owner of the Danish Bestseller Group, has...
Anders Holch Povlsen, owner of the Danish Bestseller Group, has bought a 10 percent share in Zalando, the German-based e-commerce portal. He has purchased the shares of several early-stage shareholders like the European Founders Found (EFF), Holtzbrinck and Tengelmann. The Bestseller Group, which owns brands like Jack & Jones, Vero ...
