All Corporate articles – Page 67
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News briefs
Inditex is exploring the possibility of bringing back part of...
Inditex is exploring the possibility of bringing back part of its Asian production to Spain and Morocco in order to reduce distribution costs. Reported by various press sources, the plan has never been officially referred to by the company. Rising production costs in Asia, and especially in China, would seem ...
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News briefs
Finn Comfort, the German brand for comfort shoes, is expanding...
Finn Comfort, the German brand for comfort shoes, is expanding its production facility and warehouse in Hassfurth am Main in order to improve its production capacity. The new building will be finished at the end of March next year.
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News briefs
Brown Shoe Company, which has owned Sam Edelman Shoe since...
Brown Shoe Company, which has owned Sam Edelman Shoe since 2010, has now bought Sam & Libby – the footwear brand that Sam and Libby Edelman founded in 1987. The brand will once again be among its original parent's offerings, along with Sam Edelman and Circus by Sam Edelman, after ...
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News briefs
Deichmann is planning to set up a new central distribution...
Deichmann is planning to set up a new central distribution center near Mannheim to complement the four others that it operates in Germany and four warehouses located in other European countries where it operates. This goes with the continuously strong development of the retail group, which is still planning to ...
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News briefs
Falp's facilities in Corridonia, in Italy's central region of Marche,...
Falp's facilities in Corridonia, in Italy's central region of Marche, suffered minor damage after a fire broke out that was apparently caused by a short circuit. Founded in 1920, Falp makes and sells high-end women's fashion shoes under the brand name Majora and prides itself on its craftsmanship and quality ...
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Short stops
François-Henri Pinault, chairman and CEO of PPR, has told an...
François-Henri Pinault, chairman and CEO of PPR, has told an Italian newspaper that he wants to acquire other companies in Italy, after the recent takeover of Brioni
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News briefs
Genesco is said to be one of the companies that...
Genesco is said to be one of the companies that are interested in taking over Cole Haan from Nike. Other potential bidders are Texas Pacific Group, the equity investment firm that previously controlled Bally, and another institutional investor, Apax Partners, which wants to sell its stake in France's Groupe Royer. ...
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Short stops
While working on many new initiatives under its new Turkish...
While working on many new initiatives under its new Turkish owners, Lumberjack will unveil a new corporate logo at the Micam fair starting in Milan this Sunday
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News briefs
Tod's will give a bonus of gross €1,400 to the...
Tod's will give a bonus of gross €1,400 to the employees in its manufacturing division. It will also cover the costs of health care insurance for employees and their family members if they need a specialist or major surgery, and the expenses for their children's schoolbooks. The Italian fashion conglomerate, ...
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News briefs
Tod's will go ahead with plans to finance the restoration...
Tod's will go ahead with plans to finance the restoration of the Colosseum in Rome, blackened by pollution and affected by vibrations from passing traffic. The $30 million restoration project will begin in December and is expected to last two to three years, during which the monument, one of the ...
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News briefs
Birkenstock is moving its U.S. office back to its former...
Birkenstock is moving its U.S. office back to its former 93-acre “campus” in Novato, California. The company has decided not to renew the lease on a building at the former Hamilton Air Force base not far away because it has become too small to accommodate all its staff, which has ...
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News briefs
Masai International, the Singapore-based company that has been distributing MBT...
Masai International, the Singapore-based company that has been distributing MBT in Southeast Asia, has acquired the MBT brand and its global assets, but not its debt. Owned by Andy Chaw, described as a wealthy individual, the distributor was named “best in sales and execution” at MBT's international product launch meeting ...
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News briefs
Brand Park, the company set up by the Turkish shoemaker...
Brand Park, the company set up by the Turkish shoemaker Ziylan to take over the Italian brand Lumberjack, has opened a 1,350-square-meter head office in Milan at Via Morimondo 26. The premises include a 450-square-meter showroom and 900 square meters of office space. The offices were designed by a Turkish ...
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News briefs
The new owners of Erich Rohde have finally decided to...
The new owners of Erich Rohde have finally decided to close down its German shoe factory, located in Schwalmstadt. A total of 120 employees are concerned. Rohde will be transferring its production to another European country, but the exact location has not been announced yet. Product development and final inspection ...
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News briefs
Dr. Martens is no longer for sale. R. Griggs, which...
Dr. Martens is no longer for sale. R. Griggs, which owns the brand, said that it ended talks after offers failed to reflect what was deemed to be a fair value for the operation. The company had been considering a sale since the beginning of the year, when it hired ...
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News briefs
E-Land Group said that it plans to list E-Land Fashion...
E-Land Group said that it plans to list E-Land Fashion China Holdings, its Chinese affiliate, on the Hong Kong Stock Exchange by the end of 2013. The Korean retailer, which owns such brands as Mandarina Duck, Coccinelle, Lario and Belfe, said that the listing could generate $1 billion worth of ...
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News briefs
DVS Shoe is set to to be acquired by Sequential...
DVS Shoe is set to to be acquired by Sequential Brands Group for about $8.55 million in cash. Sequential Brands issued the highest offer at the bankruptcy court auction for this American action sports footwear company. DVS, which has had an office in Ireland for the European market for many ...
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News briefs
Rangith Hettiarachchy, the chairman of the Footwear Advisory Council of...
Rangith Hettiarachchy, the chairman of the Footwear Advisory Council of Sri Lanka, is optimistic about the leather and footwear industry in his country. He council is working to build up the industry. First, it is setting up a training institute for footwear and leather producers with the help of the ...
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News briefs
Jules Schneider, chief executive of Aerogroup International, and other shareholders...
Jules Schneider, chief executive of Aerogroup International, and other shareholders in the U.S. company are exploring the possible sale of its Aerosoles brand, according to Footwear News. They bought the business from Kenneth Cole in 1987. As reported, the company recently struck a strategic agreement with the Indian-based Tata International ...
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News briefs
The Indian government has announced that it plans to set...
The Indian government has announced that it plans to set up a new Footwear Design and Development Institute (FDDI) in the city of Rupnagar, formerly known as Ropar, in India's Punjab region. The proposed institute is expected to conduct a wide range of professional programs in such areas as footwear ...
