Latest Headlines – Page 181
-
Article
The Bos group represents Pajar Canada in Europe
Pajar Canada has signed a multi-year distribution agreement with the Dutch-based Bos Group, covering most of the Western European countries, starting with the autumn/winter 2016/17 season. At the same time, Pajar Canada has agreed to distribute the Bos Group's Maruti line of men's and women's shoes through its own sales ...
-
Article
Spain’s export growth slows down
The Spanish shoe industry association, Fice, had reported in October increases of 17.6 percent in value and 6.6 percent in volume for shoe exports from the country during the first half of 2015. It is now reporting an increase in value of 11 percent and a decrease in volume of ...
-
Article
“Made in Italy” will have a dedicated committee
The first ever committee of the Italian fashion and accessories industry, called Comitato della moda e dell'accessorio italiano, was launched on Dec. 23. The details of the project had been previously outlined by the Italian Deputy Minister for Economic Development, Carlo Calenda, on the occasion of the 20th Pambianco-Deutsche Bank ...
-
Article
Valleverde is making a comeback
After two months of sales, the well-known Italian brand of comfort shoes has received initial orders for about 150,000 pairs for its spring/summer 2016 collection, developed very quickly after the bankruptcy court picked Silver 1 as Valleverde's new owner in May. Orders have been placed by 850 dealers, way up ...
-
Article
Primer launches in Europe
Working out of its brand-new European office in the U.K., the Primer Group of companies is busy establishing a network of distributors throughout Europe and the Middle East for a number of different brands, while managing their operations in the U.K. The newly formed Primer Europe is offering an opportunity ...
-
Article
Good prospects for European shoe imports and local production in Mongolia
A few weeks ago, Loriblu, the accessible luxury brand of shoes manufactured in the Marche region of Italy, opened its first store in Ulan Bator, the capital of Mongolia. The company's chief executive, Annarita Pilotti, who is also the new president of Italy's powerful shoe industry association, Assocalzaturifici, says she ...
-
Article
Cinven buys Kurt Geiger
Cinven, a large U.K.-based private equity company, has agreed to acquire Kurt Geiger, the leading British vendor, distributor and retailer of luxury and medium-priced women's shoes and accessories, which has recently diversified with a men's line and children's shoes. Cinven said it was making the investment with a view to ...
-
Article
Macintosh is insolvent
Macintosh Retail Group and some of its subsidiaries have filed for “suspension of payments” to banks, suppliers and other creditors, and they have been granted . It could be the prelude to a change of ownership for the largest shoe retailer in the Benelux countries.The insolvency proceedings cover the parent ...
-
Article
Karl Vögele sells its Austrian stores
The Swiss shoe retailer has decided to concentrate on its 300-odd stores in the domestic market, following an agreement to sell its 70 stores in Austria to a Berlin-based investment company, Lafayette Industrieholding, with retroactive effect from Jan. 1, 2015.The Karl Vögele group has been selling shoes in the two ...
-
Article
Nordstrom invests in Shoes of Prey
Nordstrom has participated in a $15.5 million round of investment raised by Shoes of Prey, an Australian start-up that pioneered on-demand customizable fashion footwear. The Aussie start-up has raised $24.6 million so far, with other investors including BlueSky Venture Capital, which has led the latest funding round, as well as ...
-
Article
Prada will adjust pricing, retail expansion and management
Admitting some managerial shortcomings, the Prada Group said it is planning to reinforce its senior management by appointing a general manager recruited from outside the Prada family, which controls the company through Prada Holding. The management is currently in the hands of two joint chief executives: Miuccia Prada, 66, who ...
-
Article
Brazilian shoe exports turn around
Brazil's shoe exports may be turning around, at last. During the month of November, they totaled $71.3 million, amounting to increases of 4.7 percent from the previous month and by 1.1 percent as compared to November 2014. For the first 11 months of this year, they are still down by ...
-
Article
Valleverde is making a comeback
After two months of sales, the well-known Italian brand of comfort shoes has received initial orders for about 150,000 pairs for its spring/summer 2016 collection, developed very quickly after the bankruptcy court picked Silver 1 as Valleverde's new owner in May. Orders have been placed by 850 dealers, way up ...
-
Article
Del Biondi works on a bio-magnetic shoe
Alberto Del Biondi, the Italian fashion design center named after its director, presented to the students of a master's degree course in the design of accessories in Milan a new projects that it is working on that applies medical technology to footwear design. The new concept uses wearable technology to ...
-
Article
Alpargatas’ new major shareholder looks abroad
The Batista family, whose numerous assets include JBS, the world's largest tanner and meat processing company, has become the largest shareholder of Alpargatas, the parent company of Havaianas and Dupé. The Batista family, whose holdings have an estimated net worth of $5 billion, has agreed to acquire the 44.1 percent ...
-
Article
Vivarte will further reorganize its still profitable shoe business
Vivarte, which remains a main player in the French shoe retail market along with the Eram Group, has decided to shut down or convert to other formats 16 of the 650+ mass-market stores that it operates under its low-priced Halle aux Chaussures banner. This will be on top of the ...
-
Article
South African group buys Office
It's now official. Silverfleet Capital, the private equity company that bought the Office London chain in December 2010 from Sir Tom Hunter, has announced an agreement to sell its 88.9 percent stake in the British shoe retail chain to Truworths International.The purchase price of £256 million (€354.6m-$388.2m) is four million ...
-
Article
Kering sells Sergio Rossi
Kering, the parent company of Gucci and many other luxury goods brands, had indicated for some time its intention to divest Sergio Rossi, an Italian brand of high-end women's shoes that has not been profitable for some time. Kering has finally announced an agreement to sell 100 percent of its ...
-
Article
Tod’s buys the Roger Vivier trademark
Tod's has reached an agreement in principle to acquire the rights to the Roger Vivier brand from the Della Valle family, which is the main shareholder of the Tod's group. Until, now Tod's had a license agreement with the family, which owned the brand indirectly.The transaction has been unanimously approved ...
-
Article
Fagus teams up with Ecco in Portugal
Ecco and Fagus Germany are setting up a common development and production site for shoe lasts in São João de Ver, in Portugal. The new joint venture is called “Fagus Portugal S.A.” and each company holds a 50 percent share of it. The two companies have been collaborating on the ...
