All Corporate articles – Page 69
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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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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 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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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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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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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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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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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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News briefs
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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Hermès is negotiating the acquisition of a Swiss watchmaker, Natéber...
Hermès is negotiating the acquisition of a Swiss watchmaker, Natéber
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Qatar Holding, whose assets include the Harrods department store in...
Qatar Holding, whose assets include the Harrods department store in London, has acquired 1.03% of the shares in LVMH
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E-Land has taken over the balance of the shares...
E-Land has taken over the balance of the shares that it did not own yet in Coccinelle, the Italian producer of handbags that recently licensed Manas for shoes
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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. ...
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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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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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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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Roberto Botticelli has opened a new showroom of 500 m²...
Roberto Botticelli has opened a new showroom of 500 m² at Via Senato 47 in Milan
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The Jones Group is serious about becoming a global fashion...
The Jones Group is serious about becoming a global fashion company, setting up its own fashion office with its own leadership. Wendy Hirschberg Clurman is the vice president and fashion director for Jones New York; Amanda Ross is the consulting fashion director of Anne Klein; and Danielle de Marne is ...
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Alberta Investment Management Corporation has partnered with Callisto Capital to...
Alberta Investment Management Corporation has partnered with Callisto Capital to acquire a controlling interest in Town Shoes Limited, Canada's leading branded specialty footwear retailer. Town Shoes' founding Simpson family will retain a significant continuing interest in the company, and Alan Simpson and the current management team will continue to run Town. ...
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Shoon Limited, the family-owned British shoe and apparel retailer, has...
Shoon Limited, the family-owned British shoe and apparel retailer, has gone into administration, close on the heels of the previously reported bankruptcy of Barratts Priceless. Schoon, which had the distribution of Ecco shoes in the U.K. for a while many years ago, was reportedly unable to dispose of some of ...
