All Corporate articles – Page 67
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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 ...
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News briefs
At ANWR's general meeting in Dresden, the members decided to...
At ANWR's general meeting in Dresden, the members decided to change the retail cooperative's name from Ariston-Nord-West-Ring eG to ANWR Group eG. The change will be effective when the respective amendments to the articles of association in the German Register of Cooperatives are registered. The change of the cooperative's name ...
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News briefs
Pacific Brands, the Australian apparel and footwear company, is getting...
Pacific Brands, the Australian apparel and footwear company, is getting on more solid financial footing. It has trimmed its debt by 25 million Australian dollars (€20.6m-$25.7m) thanks to a better cash flow and the sale of two surplus properties. Paying back that amount reduces the limit of Tranche 2 of ...
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News briefs
The executive board of Garant Schuh + Mode decided together...
The executive board of Garant Schuh + Mode decided together with the executive board of ANWR Garant International, AGI, on a draft of a merger agreement that would join the two companies. The merger agreement entails the exemption of Garant's remaining shareholders. The draft of the deal includes the requirement ...
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News briefs
PPR is changing the brand name Yves Saint Laurent to...
PPR is changing the brand name Yves Saint Laurent to Saint Laurent Paris, but the brand will continue to use the traditional YSL logo. The name change coincides with the relaunch of the brand for the spring/summer 2013 season under its new creative director, Hedi Slimane. Footwear has been one ...
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News briefs
A report is circulating that MBT has found a buyer,...
A report is circulating that MBT has found a buyer, but this could not be confirmed at the time of going to press. Meanwhile, following on the bankruptcy of the company in May, its Scandinavian sales organization has followed suit, while its Chinese sourcing office in Dongguan has closed down.
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News briefs
The leather industry in Guanghe County, in China's Gansu Province,...
The leather industry in Guanghe County, in China's Gansu Province, is growing fast. Gansu Hongliang Leather, a tanner there, is going to expand its production capacity by 50 percent to 3 million hides per years. Another tanner, Jihua 3512 Leather Factory, is investing $250 million in a new tannery in ...
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News briefs
Pentland Group has made a sizeable investment, for an undisclosed...
Pentland Group has made a sizeable investment, for an undisclosed amount, in a brand of folding women's ballet pumps, Butterfly Twists. The English brand is sold in 14 countries including the U.S. and France. In its leading market, Japan, it is sold in about 2,000 boutiques. The brand is set ...
