Shareholders controlling 73.5 percent of the combined voting power of Timberland Company have approved the company's merger with VF Corporation
The German footwear chain Görtz received a €28 million loan from the German federal government’s Economic Stabilization Fund (WSF) to weather the impact of the coronavirus crisis. The company’s funding request was approved in April, according to the ministry of economics. The ailing Hamburg-based firm was granted the ...
Birkenstock is investing an additional €1.8 million in the modernization of its German site in Bernstadt which employs about 800 people and produces uppers and buckles for the sandal maker. It indicated the funds will be used for the renovation of social areas as well as the creation ...
The rating agency S P Global assigned a ‘B’ rating with a stable outlook to BK LC Lux Finco 1 Sàrl , the parent company of Birkenstock . The rating comes after the private equity firm L Catterton and its affiliates, including Financière Agache , the investment ...
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