All Corporate articles – Page 71
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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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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 ...
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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 ...
