All Corporate articles – Page 62
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Huajian, a big Chinese footwear manufacturer, has committed to spending...
Huajian, a big Chinese footwear manufacturer, has committed to spending $2 billion to set up a “shoe city” on the outskirts of Addis Ababa within a decade. According to the British daily The Guardian, Huajian's ambition is to turn Ethiopia into a global hub for the shoe industry, supplying the ...
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New investors have refinanced the sales operations of Blenzo, a...
New investors have refinanced the sales operations of Blenzo, a Dutch company specializing in the sale of indoor slippers, mules and outdoor shoes that had been has been declared bankrupt by a local court last February. The new owners have made a non-exclusive agreement with Intermedium Shoes to help the ...
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Veja will launch its ecological footwear collection in Brazil under...
Veja will launch its ecological footwear collection in Brazil under the name “Vert,” the French word for green. The French company produces its shoes in Brazil, using wild Amazonian rubber and eco-tanned leather created with vegetable extracts such as acacia. However, it cannot use the Veja brand name in Brazil ...
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Monge has chosen to open its first showroom ever in...
Monge has chosen to open its first showroom ever in Palma de Mallorca . The Spanish brand of men's shoes was founded in 2012 by Pedro Monge, a former executive at Camper, one of Mallorca's most famous footwear brands, but the designer waited until April 2013 before opening his own ...
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Kavat has decided to stop manufacturing shoes in Sweden. Its...
Kavat has decided to stop manufacturing shoes in Sweden. Its local factory, which employs ten people for the manufacture of prototypes and special orders, is being closed down, and operations will be concentrated on the company's plant in Bosnia-Herzegovina. Meanwhile, Kavat is entering the Chinese and Japanese markets, from which ...
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Responding to increased demand for its products, Gabor is extending...
Responding to increased demand for its products, Gabor is extending its production capacities in Slovakia and Portugal, where 90 percent of its shoes are still manufactured. It is investing a seven-digit amount to amplify its production and logistic facilities at Banovce in Slovakia by the end of this year. Gabor manufactures shoes ...
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Gant and Hamm Market Solutions have signed an international licensing...
Gant and Hamm Market Solutions have signed an international licensing agreement, to be effective from January 2014. Hamm will develop and design men's, women's and children's shoes under the Gant brand name, taking care of their production and international distribution. The first collection will be for spring/summer 2014. It will be ...
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As affiliated retailers have been struggling to keep sales up...
As affiliated retailers have been struggling to keep sales up in February and March, Sabu has decided to postpone the deadline for their payments on centralized settlements which were due on April 10. The German buying group has extended the deadline for a period of 30 days free of charge ...
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Italy's Sixty Group has signed an agreement that allows employees...
Italy's Sixty Group has signed an agreement that allows employees to continue to receive unemployment benefits until May 25, 2013, when new extraordinary funds from the state's “cassa integrazione” redundancy scheme will then become available for one more year. Without this new agreement, signed by the company with the Italian ...
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Shareholders of Tod's have approved a proposal by their president, Diego...
Shareholders of Tod's have approved a proposal by their president, Diego Della Valle, to donate one percent of its annual net profits to support activities in the Marche region, where the company is based, in an attempt to concretely help the Italian economy, severely affected by the financial crisis. The annual meeting ...
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RM Williams, an Australian leathergoods, footwear and fashion brand, has...
RM Williams, an Australian leathergoods, footwear and fashion brand, has announced that L Capital Asia, a Singapore-based private equity fund backed by LVMH, has acquired a 49.9 percent share in the company. The transaction, which is expected to be completed by mid-May, was reportedly valued at around 52 million Australian ...
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R.G. Barry has integrated the operations of its former China-based...
R.G. Barry has integrated the operations of its former China-based sourcing agent into its Baggallini business unit. The integration is due to bring to R.G. Barry the expertise of this privately-owned sourcing entity in all phases of development, sourcing and supply for its handbags. As part of the transaction, R.G. ...
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Meisi/Fritz Keyl, a German company that has been manufacturing comfort...
Meisi/Fritz Keyl, a German company that has been manufacturing comfort shoes for women at a factory in Rinteln, has gone into insolvency. Its president, Kurt G. Hermann, was quoted by Shoez magazine as saying that it sales increases in the Russian and Japanese markets were not compensating a drop in ...
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Birkenstock has signed a centralized settlement contract with the German...
Birkenstock has signed a centralized settlement contract with the German buying group Sabu. At the beginning of March, Birkenstock already signed a centralized settlement contract with a larger buying group, ANWR.
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Dosenbach-Ochsner, the large Swiss sporting goods and shoe retailer owned...
Dosenbach-Ochsner, the large Swiss sporting goods and shoe retailer owned by Deichmann that holds a European license for the Fila brand, has signed a distribution contract with Footwear International Distribution, a subsidiary of the Dutch Unlimited Sports Group (USG) group, for the sale of Fila branded lifestyle footwear in the same territory ...
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Gabor Footwear has decided to stop the distribution of Snipe,...
Gabor Footwear has decided to stop the distribution of Snipe, starting with the autumn/winter 2013 season, because it does not see any growth potential for this Spanish label, which it took over in March 2009, with the exception of its rights on the Spanish market. Sales of the brand increased ...
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Fly London introduced a new production line at the end...
Fly London introduced a new production line at the end of the last year that should help the company reduce the time of handling orders and reorders. Fly London owns two factories in Portugal. One of the production lines was rebuilt in order handle reorders much more quickly than before. ...
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Wanda Milletti Ferragamo, wife of the late Salvatore Ferragamo, who...
Wanda Milletti Ferragamo, wife of the late Salvatore Ferragamo, who died in 1960, is the president of the new Ferragamo Foundation, which officially started its activities on March 15 in Florence, after a long time spent working on the project by the Ferragamo family. The foundation has been created to ...
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PPR, the French luxury and sports group whose name is...
PPR, the French luxury and sports group whose name is switching is to Kering, has acquired France Croco, a leading French supplier of crocodile skins. The takeover will help to secure a stable supply of high-quality crocodile leather for its brands. It follows similar moves by Hermès and Louis Vuitton ...
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The Wolverine 1883 shoe collection is the first collection of...
The Wolverine 1883 shoe collection is the first collection of Wolverine Worldwide to be produced in Portugal. Last autumn, the company added Portugal as new sourcing country. The 1883 collection will be available from autumn this year. The company aims to expand the production in Portugal if it proves to ...
