All Corporate articles – Page 76
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21 Investimenti, an investment company established in 1992 by Alessandro...
21 Investimenti, an investment company established in 1992 by Alessandro Benetton, son of Luciano Benetton, is close to an agreement to take over one of the two Italian chains trading as Pittarello with the symbol of an elephant, according to the Italian daily Il Sole 24 Ore. The chain has ...
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Lanxess will invest about €30 million in a new plant...
Lanxess will invest about €30 million in a new plant for leather chemicals at the Changzhou Yangtze Riverside Industrial Park. The investment will be the largest single investment by the leather chemicals business unit of the German company in China to date. The facility will have an annual capacity of ...
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R.G. Barry is paying about $33.8 million to buy Baggallini,...
R.G. Barry is paying about $33.8 million to buy Baggallini, an Oregon company that develops and markets handbags and travel accessories. This is R.G. Barry's second step toward diversifying into bags and foot care; in January it bought Foot Petals. Baggallini is expected to be immediately accretive to earnings. Its ...
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A few months after opening a web store in the...
A few months after opening a web store in the Netherlands, Zalando, the big and growing German e-commerce retailer, has launched an Italian site, www.zalando.it. The online shop carries more than 600 brands and 40,000 products between shoes, apparel, bags and accessories. The Italian site is managed from Berlin.
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Because of limitations in distribution agreements with its partners, Zappos...
Because of limitations in distribution agreements with its partners, Zappos will no longer ship its product to Canada. A note from the chief financial officer and chief operation officer, Chris Nielsen, that was posted on the company's Canadian website also noted that it wanted to avoid hassles with shipping such ...
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Macintosh Retail Group has announced its intention to sell two...
Macintosh Retail Group has announced its intention to sell two telecommunication subsidiaries, BelCompany and telefoonkopen.nl, to Vodafone for €120 million. The net proceeds of the transaction will be between €85 million and €90 million. That will be reinvested in the group's fashion and living division, which includes Brantano, Scapino, Jones ...
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Jimmy Choo, the Malaysian shoe designer, is reported to be...
Jimmy Choo, the Malaysian shoe designer, is reported to be among the candidates for the acquisition of the eponymous brand, currently owned by Tamara Mellon and a British investment fund
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Main Group is moving from its factory in Padua to...
Main Group is moving from its factory in Padua to a modern new complex at Santa Maria di Sala, near Venice
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Salvatore Ferragamo is moving its head office in Milan to...
Salvatore Ferragamo is moving its head office in Milan to a 2,000-square-meter space on the sixth and seventh floors of the building on Corso Matteotti that hosts an Abercombie & Fitch store
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Kari Sigerson and Miranda Morrison, the founders of Sigerson Morrison,...
Kari Sigerson and Miranda Morrison, the founders of Sigerson Morrison, have left their parent company, Marc Fisher Footwear, and intend to look for new opportunities in fashion and footwear. In the meantime, Marc Fisher is planning to revamp the brand – which includes the Belle by Sigerson Morrison line – ...
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Titan Industries is going to relocate its production to Spain....
Titan Industries is going to relocate its production to Spain. At the moment, the company works together with a production partner in China. Due to increasing prices and the need to place orders earlier, Titan Industries plans to work together with a production partner in Spain from autumn 2011. The ...
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Salvatore Ferragamo has adopted the supply chain management solution of...
Salvatore Ferragamo has adopted the supply chain management solution of SAP for Retail to help run properly the growing network of its stores in China and other parts of Asia
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After buying the fashion house of Gianfranco Ferré a few...
After buying the fashion house of Gianfranco Ferré a few weeks ago, Paris Group of Dubai has acquired the fashion house of Louis Féraud, which was owned for a while by the same French real estate company that owned Stephane Kelian. The group has distribution deals with Versace, Cerruti and ...
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Gherardini expects that the footwear licensing agreement that it signed...
Gherardini expects that the footwear licensing agreement that it signed with Antichi Pellettieri (AP) will generate sales of 10,000 shoes per collection, representing €3 million in revenues a year. AP has a three-year license agreement with the Italian producer of handbags, starting with the autumn/winter collection, which was presented at ...
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ECCO now regrets the major layoffs that were announced in...
ECCO now regrets the major layoffs that were announced in 2009. The recession had at that point majorly decreased sales of ECCO shoes, and 1,350 collaborators – mainly factory workers in Eastern Europe and the Far East – were let go. But now officials at ECCO say their effort to ...
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Milano Footwear, a Swedish shoe retailer with three shoe stores...
Milano Footwear, a Swedish shoe retailer with three shoe stores in Charlottenberg, Töcksfors and the Norby Shopping Center north of Strömstad went bankrupt as of Jan. 24. The stores had mainly Norwegian clients. Milano Footwear was started in March 2009 when Erika Sund and Lotta Okkonen took over the stores ...
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The owners of Camper are reportedly going to invest €15...
The owners of Camper are reportedly going to invest €15 million in the next three years for the launch of Medwinds, a new line of clothing that will only sold over the internet. It is will be available initially only in Spain and the U.K., to be followed by the ...
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The Walking Company (TWC), which manages 210 shoe stores in...
The Walking Company (TWC), which manages 210 shoe stores in the U.S., has sold its Big Dogs stores, which sell T-shirts and other products, for $5 million in cash last week. The new owner is Big Dog Licensing, a newly formed company owned by former preferred shareholders in TWC. and ...
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Aeffe has taken full control of the shoemaker Pollini. The...
Aeffe has taken full control of the shoemaker Pollini. The Italian fashion group bought the 28 percent it did not own in Pollini from another Italian company, York, for €1.2 million. Controlling all of Pollini's capital will place Aeffe in a better position to negotiate possible partnerships for the footwear ...
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Ferragamo's holding company has agreed to sell a stake of...
Ferragamo's holding company has agreed to sell a stake of 8 percent in Salvatore Ferragamo Italia to Peter Woo, whose family has been partnering with the Italian shoe brand for many years in Greater China. As part of the deal, Ferragamo will increase its stake in its joint ventures with ...
