All Corporate articles – Page 68
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Rich Footwear Group will be the exclusive marketer and seller...
Rich Footwear Group will be the exclusive marketer and seller of Angry Birds footwear in the U.S. and Canada through a deal with the Cortina-Leomil Group. Gary Rich, a former president of Brown Shoe Company, He is serving as chairman, leading the new company along with Paul Shapiro as president ...
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Diego Della Valle, president and chief executive of Tod's, plans...
Diego Della Valle, president and chief executive of Tod's, plans to revive the brand of Elsa Schiaparelli, the once-famous Italian designer who is credited with inventing the wedge heel for shoes, as he has already done with the brand of Roger Vivier. Positioned very high in the market, the Schiaparelli ...
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An Asian investment company, Crescent Hyde Park, is reported to...
An Asian investment company, Crescent Hyde Park, is reported to have taken over Italy's Sixty Group
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Giorgio Armani is said to be considering the establishment of...
Giorgio Armani is said to be considering the establishment of a foundation to take over all the assets of his big fashion house
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Theresia Muck is moving its production abroad as its production...
Theresia Muck is moving its production abroad as its production site in Bruchweiler in Germany will be closed for economic reasons. About 26 employees are affected by this decision. The Naot group from Israel, to which Theresia Muck has belonged since November 2007, still plans to employ about 75 people ...
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The Turkish group Ziylan has confirmed its previously reported takeover...
The Turkish group Ziylan has confirmed its previously reported takeover of the Lumberjack brand from the Italian 3A Antonini group. Ziylan already had the rights to produce and distribute Lumberjack in Turkey starting with the 2012 fall/winter collection. The Turkish group is due to hold a press conference in Milan ...
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Outlast Technologies, the U.S.-based specialty company for so-called phase change...
Outlast Technologies, the U.S.-based specialty company for so-called phase change materials, has new owners: The investment company Golden Equity Investments based in Colorado as well. It is a relatively new private equity investor specializing in small and medium-sized companies that have their strengths in technologies for any industry and that ...
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The big French Groupe Royer is looking for a new...
The big French Groupe Royer is looking for a new investor, preferring a strategic investor to an institutional one for its long-term development, as Apax Partners is seeking to cash out of the investment it made five years ago. Jacques Royer and his brother Alain still own 77.5 percent of ...
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LVMH is set to acquire one of its major suppliers...
LVMH is set to acquire one of its major suppliers of leather, Tanneries Roux of France, which has been working for group brands such as Louis Vuitton, Loewe and Céline. Founded in 1803, it is based in the French shoe city of Romans, specializing in calf leather. Last year it ...
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The ANWR Group aims to take over 100 percent of...
The ANWR Group aims to take over 100 percent of the shares of Garant Schuh + Mode through a squeeze-out process. The German-based retail cooperative, based at Mainhausen near Frankfurt, currently holds 90.42 percent of the shares of its German subsidiary Garant Schuh + Mode, which is based in Düsseldorf. ...
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Milan's town hall is ready to study the possibility of...
Milan's town hall is ready to study the possibility of partially privatizing Galleria Vittorio Emanuele II, a covered shopping arcade built at the end of the 19th century in the heart of the city, next to the famous cathedral. Fondazione Altagamma, an association grouping luxury brands including Tod's and Salvatore ...
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Procalçado, a Portuguese manufacturer of shoe components, has broken ground...
Procalçado, a Portuguese manufacturer of shoe components, has broken ground for the construction of two new production units. The company employs 300 people and generates an annual turnover of €20 million, half of which goes into foreign markets.
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Josef Biller, a former chief operating officer of Zalando, is...
Josef Biller, a former chief operating officer of Zalando, is heading up 21Diamonds, a new online jewelry shop in Germany. One of the shareholders is Rocket Internet, the investment company of the Samwer brothers that is also a shareholder in Zalando.
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A large South Korean conglomerate, E-Land, is preparing a bid...
A large South Korean conglomerate, E-Land, is preparing a bid to acquire Collective Brands for $1.8 billion, together with institutional investors, according to the Bloomberg news agency, but it may not be the only candidate to the acquisition. Collective has been on the market since last August, and other companies ...
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A tannery in Arzignano, Northern Italy, reportedly caught fire on...
A tannery in Arzignano, Northern Italy, reportedly caught fire on the morning of April 1. It is run by Cadore, a producer of leather for footwear, furniture, automotive upholstery and other leather goods. An area used to store finished leather was the center of the blaze in the 4,000-square-meter facility. ...
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Sixty Group has reached an agreement with the labor unions...
Sixty Group has reached an agreement with the labor unions by reducing the number of planned layoffs at Its Italian headquarters from 183 to 171, of which 40 may be temporary
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Lion Capital, which recently sold its stake in Jimmy Choo...
Lion Capital, which recently sold its stake in Jimmy Choo to Labelux, has acquired an 80% stake in the American fashion house of John Varvatos from VF Corporation
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Kenneth Cole Productions has chosen BofA Merrill Lynch to be...
Kenneth Cole Productions has chosen BofA Merrill Lynch to be its adviser as it considers the possibility of going private as suggested by the company's founder. Kenneth Cole has offered to buy the 53 percent stake in the company that he doesn't already own for $15 per share. The special ...
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Heelys is closing down its European office in Belgium and...
Heelys is closing down its European office in Belgium and transferring most of the business to its French and German offices. Finance will be handled directly from the U.S. In the fourth quarter ended Dec. 31, the American brand of wheeled footwear reduced its operating losses by 41 percent and ...
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SABU and Intersport Deutschland, which own RSB Retail+Service Bank, have...
SABU and Intersport Deutschland, which own RSB Retail+Service Bank, have decided to raise its share capital by €4 million to €12 million. They say the move is intended to cope with an increased volume of centralized settlements and rising demand for credit from their affiliated shoe, sports and apparel retailers. ...
