All Corporate articles – Page 70
-
News briefs
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 ...
-
News briefs
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 ...
-
Short stops
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
-
Short stops
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
-
News briefs
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 ...
-
News briefs
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. ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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, ...
-
News briefs
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 ...
-
News briefs
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 ...
-
News briefs
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 ...
