News Briefs – Page 48
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News briefs
The Danish Bestseller Group has agreed in principle to acquire...
The Danish Bestseller Group has agreed in principle to acquire a majority stake in Bianco Footwear, a Dutch-based group that has built up a network of more than 140 corporate and franchised stores in Scandinavia, the German-speaking countries, Poland and the Middle East. The stores sell only Bianco's private label ...
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Richter raised the production capacity of its own factory in...
Richter raised the production capacity of its own factory in Partizánske, Slovenia, from a daily production of 1,150 pairs to 1,600 pairs per day in the last 4-6 months. In 2015, Richter sold a total of 850,000 pairs of shoes, 600,000 were made in the company's own factory in Slovenia. ...
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News briefs
Marc Shoes has made adjustments to the product development and...
Marc Shoes has made adjustments to the product development and sourcing process to regain the confidence of some retailers that had stopped working with the German brand because of quality and delivery problems. Its shoes were previously made for the most part in India and some other Asian countries. Now ...
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Joya, the comfort shoe brand from Switzerland, moved 10 percent...
Joya, the comfort shoe brand from Switzerland, moved 10 percent of its production to Turkey. Joya works together with a local partner in Turkey for the production of small shoe collections, more fashionable designs as well as limited editions. The plan is to increase the production in Turkey to 20-30 ...
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News briefs
Hub, the Dutch footwear brand, moved the production of its...
Hub, the Dutch footwear brand, moved the production of its shoe collection from China to Vietnam six months ago. A production partner in Vietnam now takes care of Hub's full shoe collection. The company was previously working with various production partners in China. Only shoes with leather outsoles, a small ...
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News briefs
Bullboxer will move its shoe production to Italy and Portugal,...
Bullboxer will move its shoe production to Italy and Portugal, starting with full spring/summer 2017 collection. The autumn/winter 2016/17 collection was already partly made in the two countries. Previously, Bullboxer was working together with production partners in Romania and China. The Dutch brand will also launch a B2B online platform ...
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News briefs
Bruce Katz, a co-founder of Rockport, has opened a new...
Bruce Katz, a co-founder of Rockport, has opened a new office in Costa Mesa, California for his new line of comfortable and functional men's shoes, called Samuel Hubbard, which are made in Portugal. The line, which was launched in 2014, takes its name from the Hubbard Shoe Company, a children's ...
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News briefs
Genesco is selling its Lids Team Sports business to BSN...
Genesco is selling its Lids Team Sports business to BSN Sports in a further effort to improve the profitability of its Lids Sports Group of stores. The proceeds will be mainly used to finance a new program to buy back up to $100 million of its common stock. It has ...
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Shoes.com, the growing North American online shoe retailing group set...
Shoes.com, the growing North American online shoe retailing group set up by Roger Hardy in 2014, after his sale of a Canadian-based online store for eyeglasses and contact lenses to Essilor, wants to raise between $25 million and $50 million in private funding to help finance some new acquisitions, according ...
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News briefs
Iconix Brand Group, the owner of Umbro, Candie's and several...
Iconix Brand Group, the owner of Umbro, Candie's and several other brands, has adopted a short-term shareholder rights plan after a sharp decline in its share price in recent months. Sports Direct International (SDI), the British retailer, acquired indirect economic interests amounting to 14.4 percent in Iconix in the last ...
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News briefs
The new owners of Brantano U.K. are considering a reduction...
The new owners of Brantano U.K. are considering a reduction in the number of jobs at the chain, according to The Sunday Times. The process may entail the closure of some of its 140 stores and 60 concessions in the U.K. As we have previously reported, Macintosh Retail Group sold ...
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News briefs
Deichmann is moving its U.K. office to larger premises next...
Deichmann is moving its U.K. office to larger premises next April. The move follows the continued expansion of its business in the country, where it operates 96 stores. Eight of them were opened in 2015. More are going to follow this year.
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News briefs
WWD reports that Tamara Mellon is set to reduce her...
WWD reports that Tamara Mellon is set to reduce her stake in Tamara Mellon Brands from 52 percent to just over 16 percent as part of a refinancing proposal that has received the approval by the District Court of Delaware, allowing her company to get out of Chapter 11 bankruptcy ...
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News briefs
To prepare itself for accelerated growth in Europe, Skechers is...
To prepare itself for accelerated growth in Europe, Skechers is again raising the capacity and efficiency of its European distribution center in Belgium. A new phase of expansion will take the total warehousing surface to more than 100,000 sqm. by next April. The 13-year-old facility, which gets its products through ...
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News briefs
Zalando officially opened on Dec. 15 its first logistics center...
Zalando officially opened on Dec. 15 its first logistics center outside of Germany in Stradella, northern Italy. The 20,000-square-meter structure is supposed to cover the majority of Italian orders, and to respond to the increasing demand on the emerging Italian e-commerce market. The first products are already stored in Stradella ...
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News briefs
Zalando is taking over Nugg, a German company that supplies...
Zalando is taking over Nugg, a German company that supplies targeted digital marketing solutions, from the German Post Office, in order to address specific target groups in different ways. In the U.S., meanwhile, Amazon is reportedly planning to set up its own fleet of cargo airplanes to avoid delayed deliveries ...
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R.M. Williams has announced that Hugh Jackman, the well-known Australian...
R.M. Williams has announced that Hugh Jackman, the well-known Australian actor, has become a private investor in the company, alongside majority shareholder L Capital Asia and IFM Investors. The Australian shoe firm, which was founded by Reginald Murray Williams in 1932, hopes the fame of the new shareholder will promote ...
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A Hong Kong-based financial service company registered in the Seychelles...
A Hong Kong-based financial service company registered in the Seychelles islands, Yucheng International, has agreed to acquire the 64.15 percent stake held by Pegasus Footgear Management in its shoe factory in Guangzhou, Pegasus International Holding, subject to various conditions. It would subsequently make a bid for the remaining shares of ...
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News briefs
OluKai, the California-based lifestyle footwear company, has made an unspecified...
OluKai, the California-based lifestyle footwear company, has made an unspecified investment in Kaenon, the Californian brand of sunglasses. Darren Rosenberg will continue to run Kaenon as an independent entity. Known for its proprietary SR-91 polarized lenses, Kaenon was founded in 2001 by Darren and his brother Steve, who has left ...
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News briefs
The retail members of the ANWR Group have agreed to...
The retail members of the ANWR Group have agreed to start the process for the establishment of a new company that will own and operate the Mücke chain of 13 shoe and sporting goods stores by next summer. ANWR's members will be able to acquire shares in the German retail ...
