All Corporate articles – Page 25
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Cole Haan, the American footwear brand sold by Nike to...
Cole Haan, the American footwear brand sold by Nike to Apax Partners in 2013, announced that it has filed a draft registration statement with the U.S. Securities and Exchange Commission in preparation for an initial public offering (IPO). The pricing and the number of shares on offer have not yet ...
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Zeis Excelsa has signed a five-year licensing agreement to use...
Zeis Excelsa has signed a five-year licensing agreement to use a well-known Italian footwear brand, Alberto Guardiani, for a line of sneakers that will come into the market in spring/summer 2020. Made in Portugal, Morocco and China, it is priced at €130-160 per pair at retail. The eponymous designer took ...
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Looking for foreign agents, Stephane Kélian came back to the...
Looking for foreign agents, Stephane Kélian came back to the Micam show in Milan last month after many years of absence with a new corporate identity, new management and a more accessible collection made for the most part in Spain. The line also features some stylish sneakers made in China. ...
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Truworth of South Africa has announced an agreement to refinance...
Truworth of South Africa has announced an agreement to refinance Office, the British shoe retail chain that it bought four years ago for £256 million (€297.6m-$332.3m). Standard Bank will provide a debt facility of £32.5 million (€37.8m-$42.2m) that replaces a former line of credit. The closure of some loss-making stores ...
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Two offers have reportedly been submitted for the acquisition of...
Two offers have reportedly been submitted for the acquisition of La Manufacture Charentaise, the company set up last year to put together the operations of four manufacturers of slippers in the Charente region of France: Rondinaud, Ferrant, Degorce and Laubuge (Shoe Intelligence Vol. 20, N° 13+14 of July 20, 2018). ...
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FeetMe has raised €9.4 million in new funding. The French...
FeetMe has raised €9.4 million in new funding. The French footwear technology start-up uses smart materials in insoles to analyze the wearers' health in real time. The company plans to use the money to fund a program of clinical trials of its technology in rehabilitation centers and hospitals around the ...
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Reschia Form, a Swedish brand of luxury women's shoes based...
Reschia Form, a Swedish brand of luxury women's shoes based in Stockholm, has gone into voluntary bankruptcy after a planned restructuring program failed, according to the Swedish trade magazine Habit. Andrea Reschia, who founded the brand in 2012, is hoping to find an investor.
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Toru, an autonomous robot that Zalando is using to pick...
Toru, an autonomous robot that Zalando is using to pick shoe boxes from the shelves of its warehouses, has completed its test phase at the German e-tailer's logistical hub in Erfurt, Germany. Next up are a pilot phase at the company's warehouse in Lahr and, if that is successful, deployment ...
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Anbessa, an Ethiopian footwear manufacturer, has purchased at auction the...
Anbessa, an Ethiopian footwear manufacturer, has purchased at auction the defunct Habesha tannery in the Ethiopian city of Bahir Dar, some 500 kilometers north of Addis Ababa. The tannery produced crust for export from 2011 to 2019, when it ceased operation and was seized by banks. Anbessa says that it ...
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Cole Haan, the American footwear brand sold by the Nike...
Cole Haan, the American footwear brand sold by the Nike group to Apax Partners in 2013, is readying a public offering on the stock exchange, according to Bloomberg. The news agency reported that the company's revenues rose by 14 percent to €687 million in the financial year ended in June ...
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Carlyle is believed to have hired Bank of America Merrill...
Carlyle is believed to have hired Bank of America Merrill Lynch to evaluate whether to sell Golden Goose, the Italian producer of upscale sneakers, or to list it on the stock exchange, according to the daily Il Sole 24 Ore. The company is expected to be worth about €1 billion ...
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Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen...
Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen and Dupé, is selling its Argentinian subsidiaries for the equivalent of about €3.3 million. The deal follows an agreement that the Brazilian footwear manufacturer reached in September 2018 to sell 22.5 percent of the businesses behind its Topper brand, both ...
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The Alibaba Group, the owner of Tmall, is further extending...
The Alibaba Group, the owner of Tmall, is further extending its reach with the acquisition of Kaola from NetEase for the equivalent of $2 billion. Kaola is an internet platform specialized in selling foreign luxury goods and other premium products – such as watches, electronics, beauty products and wines – ...
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Patrick Puy, the president Vivarte, has indicated once again the...
Patrick Puy, the president Vivarte, has indicated once again the likelihood that its creditors will take over the embattled French retail group, whose only remaining assets are La Halle, Caroll and Minelli. The reason is that it will not be able to pay back loans of €300 million by the ...
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According to the online magazine TechCrunch, Atoms, a DTC (direct-to-consumer)...
According to the online magazine TechCrunch, Atoms, a DTC (direct-to-consumer) brand of shoes, has raised $8.1 million in Series A funding. The brand offers shoes in quarter sizes rather than full or half sizes and allows customers to purchase different sizes for each foot to ensure optimal fit. The funding ...
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Li & Fung has sold a 21.7 percent stake in...
Li & Fung has sold a 21.7 percent stake in its rather sophisticated LF Logistics business to a Singapore-based investment company, Tomaskek, for $300 million to help expand its operations in Asia and improve its own capital structure. The group saw its revenues decline by 8.4 percent on an organic ...
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RNF, the Dutch fashion group that owns the Mexx, Fred...
RNF, the Dutch fashion group that owns the Mexx, Fred de la Bretoniere, Shabbies Amsterdam and Umbro brands, will take over Palpa Trading on Sept. 1. The price of the acquisition has not been disclosed. The Dutch shoe manufacturer will continue to operate but under a different name: Palpa B.V. ...
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Vivarte is slimming down further through the sale of Cosmoparis,...
Vivarte is slimming down further through the sale of Cosmoparis, the former premium footwear brand of San Marina, to Stéphane Collaert and Thierry Le Guénic. The financial terms of the deal were not disclosed. The two French entrepreneurs had previously acquired Chevignon, a similarly positioned brand of apparel from the ...
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LIR, the family holding company that controls Geox and Diadora...
LIR, the family holding company that controls Geox and Diadora as well real estate assets through Domicapital, has confirmed a report that it is now open to targeted acquisitions. In an interview with the Italian daily Il Gazzettino, Mario Moretti Polegato, chairman and founder of Geox, said that LIR, which ...
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Lanxess, the specialty chemicals manufacturer, is selling its chrome chemicals...
Lanxess, the specialty chemicals manufacturer, is selling its chrome chemicals business to Brother Enterprises, a Chinese leather chemicals manufacturer. The companies have signed an agreement, but the transaction still requires the approval of the relevant antitrust authorities. Lanxess expects to complete the transaction by the end of 2019. According to ...
