All Corporate articles – Page 61
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Short stops
Texas Pacific Group and Warburg Pincus, which acquired Neiman...
Texas Pacific Group and Warburg Pincus, which acquired Neiman Marcus eight years ago, are planning to put the department store on the stock exchange to raise up to $100 million
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Implus has announced the acquisition of the shoe care, insole,...
Implus has announced the acquisition of the shoe care, insole, and shoe lace assets of the Pennsylvania-based Penguin Brands, one of Implus' major competitors in the shoe care category. Implus' family of brands also includes Sof Sole, Yaktrax, Apara, Airplus, Sneaker Balls, Sof Comfort, Little Hotties, Perfect Fitness and ICETrekkers. For ...
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The shareholders of Allen Edmonds Shoe Corporation have hired an...
The shareholders of Allen Edmonds Shoe Corporation have hired an adviser, Robert W. Baird & Co., to look for new investors. According to Reuters, they would like to sell the company for between $150 million and $200 million. A private equity firm, Goldner Hawn Johnson & Morrison, had acquired a ...
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GMS, the German buying group, which has already expanded to...
GMS, the German buying group, which has already expanded to the Netherlands, Belgium and Austria, recently entered the Italian market. On July 18, centralized settlements were assumed for the first Italian retailer, based in the town of Meran near the Austrian border.
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Jones Group has reportedly asked Citiground to explore a possible...
Jones Group has reportedly asked Citiground to explore a possible sale of the company, which controls Nine West and Stuart Weitzman, among various other properties in the shoe segment. According to Reuters, the company may also disinvest some of its brands.
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Native Shoes, the Vancouver-based brand known for its lightweight EVA...
Native Shoes, the Vancouver-based brand known for its lightweight EVA footwear, has been acquired by Scott Hawthorn, one of its original founders, along with a small group of private investors. Hawthorn, who was already the acting chief executive, has moved to the position of full-time chief executive as a result ...
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Footwear manufacturers in the Chinese city of Wenzhou have seen...
Footwear manufacturers in the Chinese city of Wenzhou have seen a general decline in profit, according to reports in The China Daily. Zheng Shili, general manager of Wenzhou Golden Emperor Shoes in the Zhejiang province, told the newspaper that overseas orders have continued to diminish as a consequence of lower ...
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Masai International reports that Switzerland's highest court has fully rejected...
Masai International reports that Switzerland's highest court has fully rejected any further challenges to its purchase of MBT. Two lower courts had already ruled in favor of the company's new owner, the Singapore-based Andy Chaw, and against plaintiffs such as the founder of the brand, Karl Müller senior. Chaw has ...
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Wolverine Worldwide has declared a two-for-one stock split, with effect...
Wolverine Worldwide has declared a two-for-one stock split, with effect from Nov. 1. The directors of Wolverine also declared a quarterly cash dividend of 6 cents per share.
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Italy's Fratelli Rossetti is said to be looking for an...
Italy's Fratelli Rossetti is said to be looking for an external investor to help develop its foreign expansion faster
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Paco Gil, the Spanish shoe brand from Alicante, has filed...
Paco Gil, the Spanish shoe brand from Alicante, has filed for bankruptcy protection from creditors. The 31-year-old family-owned company, which has about 20 employees and designs and subcontracts the production of its shoes in Spain, is looking for ways to reorganize its business. Company officials are blaming the economic and ...
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Gimmi Baldinini, founder of the shoe company that bears his...
Gimmi Baldinini, founder of the shoe company that bears his name, is said to be interested in acquiring a majority stake in the Rimini airport on the Adriatic coast because it has helped his company and others in the Marche region to build up a strong business in Russia. Baldinini's ...
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Berluti celebrated earlier this week the start of construction work...
Berluti celebrated earlier this week the start of construction work on a new factory of 20,000 square meters in the Italian city of Ferrara to make its high-end shoes. It will employ 290 persons compared with 150 at the present factory. It should become operational in mid-2014 and it may ...
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A small Italian brand of women's shoes, Paolo Simonini, suffered...
A small Italian brand of women's shoes, Paolo Simonini, suffered the destruction of its factory near Viareggio in Tuscany by a fire during the night of June 4. Nobody was injured. A report in leatherbiz.com says that a fire destroyed also the leather chemicals factory of Veco at Monticello Conte ...
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PPR, the French-based parent company of Puma and Volcom, is...
PPR, the French-based parent company of Puma and Volcom, is now listed on the Euronext stock exchange as KER. The company's annual shareholders meeting on June 18 is set to change the company's name to Kering.
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Ruco Line has moved its Milan showroom to 27, via...
Ruco Line has moved its Milan showroom to 27, via Montenapoleone. The Italian shoe company has also established a Japanese sales subsidiary in the Namikidori section of Tokyo. The same building houses the third Japanese store of Ruco Line.
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Amazonas, the big Brazilian supplier of soles, adhesives and other...
Amazonas, the big Brazilian supplier of soles, adhesives and other components and chemicals for rubber sandals and other products, has decided to build a factory in Argentina, with an investment of US$8.5 million. Located at Las Flores near Buenos Aires, it is planned to generate a monthly turnover at full ...
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Aldo confirms that its wholesale division, Aldo Product Services, has...
Aldo confirms that its wholesale division, Aldo Product Services, has signed a global licensing agreement for Shellys, the iconic British label of young fashion footwear, as reported in Drapers. An official of the company points out that it will not use the brand for sales in its Aldo and Call ...
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Brown Shoe Company, the big American shoe retailer that owns...
Brown Shoe Company, the big American shoe retailer that owns the Famous Footwear chain of shoe shops, had bought a brand of hiking shoes, Nevados, Avia and some other brands in February 2011 through the acquisition of American Sports Goods for $145 million. Eight months later, it sold one of ...
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CMH Consulting, Management and Handel, a company based in Kufstein,...
CMH Consulting, Management and Handel, a company based in Kufstein, Austria, has become the licensee for Superga in Germany and Austria, where the brand has been sold lately directly by its parent company in Turin, Basicnet. CMH has hired two new agents to represent the brand – Adventure Modeagentur for ...
