All Corporate articles – Page 70
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Keen has bought a building in Portland, Oregon, that it...
Keen has bought a building in Portland, Oregon, that it plans to turn into its new headquarters. The new space has a total of 50,000 square feet on five floors. The ground floor comprises 6,000 square feet of retail space, and the upper four floors each offer 10,000 square feet ...
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New unnamed investors have taken over Tacco Footcare, the German...
New unnamed investors have taken over Tacco Footcare, the German shoe care company, putting an end to its financial problems. A new company, called Tacco Footcare International and employing around 100 people, is carrying on the business under the management of Wolf-Rüdiger Pietsch. It will remain based at Oerlinghausen. Tacco ...
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Some unnamed investment funds are studying the possible takeover of...
Some unnamed investment funds are studying the possible takeover of the shoe retail operations of Vivarte – trading under banners such as André, Besson, Beryl, Cosmos, La Halle aux Chaussures, Minelli and San Marina – according to a French textile magazine, Journal du Textile. The shoe retailing division of the ...
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Sixty Group, which sells jeans, shoes and other products under...
Sixty Group, which sells jeans, shoes and other products under various brand names including Miss Sixty, Killah and Energie, has a new business plan that involves the elimination of 183 jobs in Italy in order to bring the company back to a profit by 2015. The company wants to reorganize ...
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Move On, the troubled Portuguese footwear manufacturer that makes Aerosoles...
Move On, the troubled Portuguese footwear manufacturer that makes Aerosoles shoes, has announced that it will be laying off about 100 employees. It has decided to use its factory in Esmoriz, in the north of the country, for creating new designs, making samples for new collections and doing small production ...
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Li & Fung, the big Chinese sourcing company based in...
Li & Fung, the big Chinese sourcing company based in Hong Kong, has made another acquisition in the European fashion industry. After its takeover of controlling stakes in Cerruti, Robert Clergerie and Delvaux, it has bought 80 percent of the shares in a French fashion company, Sonia Rykiel, through one ...
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Paul Green, the Austrian shoe manufacturer, has decided to locate...
Paul Green, the Austrian shoe manufacturer, has decided to locate its new factory in Medjimurje County, in northern Croatia. The company said that the region has a strong shoemaking industry and that young Austrians aren't interested in joining the trade. It will invest €5 million into the new facility, which ...
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Zeis Excelsa, the Italian shoemaker that bought Dirk Bikkembergs last...
Zeis Excelsa, the Italian shoemaker that bought Dirk Bikkembergs last year, is in talks to sell a minority stake of its capital, possibly around 20 percent, to the investment fund Fondo Italiano d'Investimento, in order to finance its future development. Zeis Excelsa, which is also the licensee of Merrell in ...
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A Bloomberg report indicates that Collective Brands has narrowed down...
A Bloomberg report indicates that Collective Brands has narrowed down from 20 to 10 the list of candidates to the acquisition of the whole group or some of its components, such as its loss-making international chain of shoe stores, Payless ShoeSource, or top-performing brands such as Saucony, Stride Rite and ...
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Paquetà, the large Brazilian shoe manufacturer and retailer that owns...
Paquetà, the large Brazilian shoe manufacturer and retailer that owns Dumond, Capodarte and Lily's Closet, has taken over control of Via Uno, one of the major shoe brands in the country. A cash squeeze had already led the owners of Via Uno to sell a sizeable minority interest to Paquetà, ...
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Steve Madden is buying its Canadian licensee, SM Canada. The...
Steve Madden is buying its Canadian licensee, SM Canada. The privately owned company is the umbrella for Steve Madden Canada, Steve Madden Retail Canada, Pasa Agency and Gelati Imports. SM Canada has seven retail stores in the country and also markets the brand's products in the wholesale channel. The purchase ...
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An investment fund called DST Global has taken over a...
An investment fund called DST Global has taken over a 4 percent share in the German online retailer Zalando. The investor specializes in e-commerce and holds shares in Facebook, Zygna, Groupon, Twitter, 360Buy and Alibaba. Zalando is not searching for any new investors for the moment. The company is active ...
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Repetto has inaugurated a training center in view of the...
Repetto has inaugurated a training center in view of the recruitment of 150 more skilled workers in the next four years to respond to the growing demand for its ballerinas. The French shoemaker, which already employs 170 people at its factory in the Dordogne region, plans in fact to double ...
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Cesare Paciotti is studying the possibility of opening up its...
Cesare Paciotti is studying the possibility of opening up its capital to private equity funds to finance its international expansion. The group has annual revenues of around €150 million, of which 60 percent is achieved in Italy and 40 percent abroad. Paciotti aims to invert the percentage over the next ...
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The German shoe manufacturer Peter Kaiser is closing down a...
The German shoe manufacturer Peter Kaiser is closing down a part of its production in Pirmasens, Germany. In order to maintain the company's competitiveness, Peter Kaiser sees the need to relocate parts of its production to its own factory in Portugal. In a first step, the company will be cutting ...
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Following a similar strategy, Indian shoe companies are looking for...
Following a similar strategy, Indian shoe companies are looking for Western brands of leather, footwear or leathergoods to acquire, as well as tanneries. That's what Rafeeque Ahmed, chairman of India's Council for Leather Exports, said at a press conference during the recent India International Leather Fair in Chennai. He said ...
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Lloyd Shoes is setting up a new and modern logistic...
Lloyd Shoes is setting up a new and modern logistic center at its headquarters in Sulingen. The automated warehouse will have a capacity for 50,000 cartons. The complex is being installed by an Austrian company, TGW Logistics.
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Bakers Footwear Group has agreed to sell its 39-year-old Wild...
Bakers Footwear Group has agreed to sell its 39-year-old Wild Pair brand trademark to Steve Madden. Steve Madden will pay up to $4 million for the trademark while entering into a non-exclusive, royalty-free perpetual license, allowing Bakers to still sell the brand in eponymous stores and Wild Pair stores and ...
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Administrators have not been able to find a buyer for...
Administrators have not been able to find a buyer for Barratts Priceless, the beleaguered footwear retailer, which means that about 1,610 employees will lose their jobs. The administrator, Deloitte, is asking around other retailers in the U.K. and Ireland to see if the redundant workers can find opportunities with them, ...
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Pacific Brands is holding talks with KKR after this buyout...
Pacific Brands is holding talks with KKR after this buyout company made an unsolicited bid to buy the Australian company. Pacific Brands has the rights to the Everlast, Clarks and Bonds brands in Australia, and has been struggling of late, with sales down by 7.3 percent to US$1.65 billion in ...
