Latest News Briefs – Page 176
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News briefs
The Authentic Brands Group has won the battle for the...
The Authentic Brands Group has won the battle for the intellectual property of Barneys New York in a reported cash deal of $271.4 million. ABG, which wants to develop the famous American retail brand internationally, especially in Asia, has appointed Saks Fifth Avenue as its retail licensee for the U.S. ...
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Marypaz, a low-priced Spanish footwear retailer, has filed for insolvency...
Marypaz, a low-priced Spanish footwear retailer, has filed for insolvency proceedings after a local private equity firm, Black Toro, which rescued the company in 2016, failed to find €15 million in working capital to pay suppliers, according to the daily Cinco Dias. In 2016, after a debt restructuring procedure, Black ...
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Prada has agreed to buy Fratelli Prada, a company that...
Prada has agreed to buy Fratelli Prada, a company that manages four Prada stores in Milan under a franchise agreement, for €66 million. The stores include the one located in Galleria Vittorio Emanuele, where Prada was founded in 1931, two shops in Via Montenapoleone and one in Via della Spiga. ...
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The Brazilian designer Paula Cademartori, known for her colorful luxury...
The Brazilian designer Paula Cademartori, known for her colorful luxury bags and shoes, is taking full control of her eponymous brand by buying back the stake held by OTB, the holding company of the Italian businessman Renzo Rosso. OTB invested in the brand in 2016.
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News briefs
Caprice, the shoe brand owned by Wortmann, has opened a...
Caprice, the shoe brand owned by Wortmann, has opened a new factory together with Mountain Top Global, its Taiwanese partner. The project cost about $6 million and took two years. Before the construction of this factory in Yangon, in northwestern Myanmar, Caprice had produced about one million pairs of shoes ...
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News briefs
Pittarosso is shutting down all its French stores. The Italian...
Pittarosso is shutting down all its French stores. The Italian shoe retailer opened its first shops in France in 2014, with a focus on shopping centers, and had 15 stores in the country. Meanwhile, the chain keeps expanding in Italy with the opening of new stores. Pittarosso has more than ...
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News briefs
Zutano has acquired Morgan & Milo, an American producer of...
Zutano has acquired Morgan & Milo, an American producer of toddler footwear. The acquisition enables Zutano to expand its children's footwear offering, from the newborn stage up to around six and seven years of age. Zutano, headquartered in New Bedford, Massachusetts, has been creating clothing, footwear and accessories for babies ...
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News briefs
After a 10-year stint, Günter Althaus, 51, will be stepping...
After a 10-year stint, Günter Althaus, 51, will be stepping down as chief executive of the ANWR Group, earlier than planned on Nov. 30 for personal reasons. He had informed the German buying group's board of directors in August that he would not renew his contract after it expires at ...
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News briefs
At the start of its next fiscal year, on Feb....
At the start of its next fiscal year, on Feb. 2, 2020, Genesco will be promoting Mimi Eckel Vaughn from senior vice president and chief operating officer to president and chief executive. She will be succeeding Robert J. Dennis, who has spent nine years as chairman and 11 as president ...
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News briefs
Ilse Jacobsen, founder of Ilse Jacobsen Hornbæk, the Danish company...
Ilse Jacobsen, founder of Ilse Jacobsen Hornbæk, the Danish company that is famous for its rubber boots, has announced that it is strengthening the organization through the appointment of a new chief executive, Trine Frausing of Denmark. He was headhunted from Los Angeles, where he had a great career with ...
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News briefs
Marco Pirani stepped down as Geox' managing director for Germany,...
Marco Pirani stepped down as Geox' managing director for Germany, Austria, Switzerland and Northern Europe at the end of October. According to a report in Schuhkurier that could not be confirmed at press time, he is going to work as EMEA director for Clarks, which is now led by a ...
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News briefs
Hotter, the British comfort shoe manufacturer headquartered in Lancashire, has...
Hotter, the British comfort shoe manufacturer headquartered in Lancashire, has appointed Adam Griggs as its chief financial officer. Griggs most recently held the same post at Bistrot Pierre, a chain of restaurants, and before that with Splendid Hospitality Group. He has held similar posts at Thomas Cook, Premier Farnell and ...
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News briefs
Gerd Koschik – member of Ara Shoes' executive board and...
Gerd Koschik – member of Ara Shoes' executive board and its chief operating officer, responsible for production/technology, human resources and logistics – is retiring at the end of this year. He has also been president of the German shoe and leather goods industry association, HDS/L, since 2009. Jens Christian Meier, ...
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News briefs
Achim Tischer will be leaving as one of the managing...
Achim Tischer will be leaving as one of the managing directors of the Wortmann Group at the end of April. The 48-year-old, who started his career at Wortmann in 1990, is resigning by mutual agreement and for personal reasons. Tischer was most recently responsible for international sales of Wortmann's Tamaris ...
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News briefs
For strategic reasons, Birkenstock has decided to handle its own...
For strategic reasons, Birkenstock has decided to handle its own distribution in Switzerland from December. Until now, the German shoe manufacturer's sales in the country have been handled by a local distributor, Frey Orthopädie-Bedarf. In keeping with the change, Birkenstock has appointed Raphael Grimm to the new position of country ...
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News briefs
Zalando recently opened a new logistical center in Poland. This...
Zalando recently opened a new logistical center in Poland. This will provide goods for more than 15 million customers worldwide from its “lounge web store,” the sales channel for German-based e-tailer's closeout sales. Fiege e-Com will manage the logistical center with 500 employees. It is located in Olztynek, covering 130,000 ...
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News briefs
Gucci is opening themed pop-up stores in various parts of...
Gucci is opening themed pop-up stores in various parts of the world, with an emphasis on big cities – Chengdu, São Paulo, Taipei, Mexico City, Dubai and Bangkok – that have relatively few brick-and-mortar points of sale. The “Gucci Pin” pop-ups will come in three waves, each with a separate ...
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News briefs
Dielmann, the German shoe retailer based in Darmstadt, has restructured...
Dielmann, the German shoe retailer based in Darmstadt, has restructured its purchasing and the positioning of its private brands. Daniela Ritter, responsible for purchasing in women's shoes since 2016, left the company in October. She previously worked at SPM Shoetrade and Modepark Röther. Sonja Bolten, who has been managing Dielmann's ...
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News briefs
Veja, the French-based brand of sustainable sneakers, has opened its...
Veja, the French-based brand of sustainable sneakers, has opened its first mono-brand store. Located in the Marais district of Paris, the store covers 80 square meters and was developed by Ciguë, a local architectural firm. Veja sells its shoes through about 1,200 points of sale worldwide, its own online store ...
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News briefs
Collaborating with three emerging designers – Helen Kirkum, Alex Nash...
Collaborating with three emerging designers – Helen Kirkum, Alex Nash and Shun Hirose – to reimagine its Campus 80 sneaker as part of its MakerLab program, Adidas launched a limited edition of the products through an interesting and engaging auction, where the consumer rather than the brand set the price. ...
