Portwest takes over Grupo Kondor Colombia
Portwest, an Irish provider of workwear, safety footwear and personal protective equipment, has acquired a majority shareholding in Grupo Kondor Colombia, the market leader in safety footwear in Colombia. No financial details were available.
Wormland files for insolvency again
Just over a year after emerging from bankruptcy, the German men’s fashion retailer Wormland has once again filed for insolvency with the Osnabrück District Court.
ASF 4.0 launches its Portuguese 'megafactory' after raising fresh cash
Advanced Shoe Factory 4.0 (ASF 4.0), a unit of the French textile producer Chamatex Group, said that it is proceeding with the launch of a “megafactory” in Portugal with the goal of producing 1.5 million pairs of sports shoes annually from 2030.
Shoe Carnival to change name to Shoe Station
Shoe Carnival’s board unanimously voted to change the corporate name of the US footwear retailer to Shoe Station Group. The decision still has to be approved by shareholders at the annual general meeting scheduled in June 2026.
Birkenstock to open a new production facility in Germany
Birkenstock is set to open a new manufacturing plant in Wittichenau, in the Saxony region, dedicated to the production of its signature cork-latex footbeds.
Primark could be spun off by its parent company
Associated British Foods (ABF) is mulling a split of its Primark and global food businesses under a review of its group structure, as it looks to unlock value in a tough consumer environment.
Closed’s future is secured
After approximately two months of intensive investor negotiations, the German fashion label Closed has found a new owner.
Royer goes into receivership
Groupe Royer, which is struggling with its debt burden, was placed into receivership by a commercial tribunal based in Rennes, Brittany, the region where the French footwear company is based.
Advance Capital Partners and Mass to acquire Leder & Schuh
Advance Capital Partners, a Slovenian private equity firm, and Mass, a Slovenian retailer, have reached an agreement with owners of Leder & Schuh to acquire the Austrian company. With roots dating back to 1872, Leder & Schuh is one of Europe’s oldest footwear retailers. It operates 210 Humanic and Shoe4You ...
Birkenstock buys its Australian distributor
Birkenstock Holding, the UK-based parent company of the German sandal maker, signed a definitive agreement for the acquisition of its long-standing distributor Birkenstock Australia Pty. Ltd.