All Corporate articles – Page 30
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The German Cartel Office has endorsed the merger of the...
The German Cartel Office has endorsed the merger of the Karstadt and Kaufhof department store chains. They will be run by a joint venture being formed between the Austrian-based owner of Karstadt, Signa, and the Canadian-based Hudson's Bay Co., which took over Kaufhof three years ago. The operational management will ...
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Lenci Calzature, an Italian contract manufacturer from the region of...
Lenci Calzature, an Italian contract manufacturer from the region of Tuscany, has reportedly announced that it plans to dismiss its remaining 70 employees and cease operations. Last January, Lenci Calzature already asked government authorities to help it to pay the wages of its employees, indicating that it was planning to ...
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Foster & Son has opened a new shoe factory in...
Foster & Son has opened a new shoe factory in Northampton, the first new shoe factory in decades in the U.K. The firm chose Oct. 25, the feast of St. Crispin, patron of industry, to inaugurate the facility. The factory currently employs eight workers, but the company plans to increase ...
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Joya and Kybun have recently signed a cooperation agreement. The...
Joya and Kybun have recently signed a cooperation agreement. The Swiss brands of comfort shoes will from now on have a common warehouse in order to serve customers faster and more efficiently. In order to meet the planned expansion outside its domestic market, Switzerland, Kybun will move to additional offices ...
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Diego Della Valle, whose family owns 61.5 percent of Tod's,...
Diego Della Valle, whose family owns 61.5 percent of Tod's, has “categorically” ruled out selling the company or any of its assets. In an interview with the daily La Repubblica, Della Valle, who is also chairman and co-chief executive of the company, said that he would be willing to buy ...
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Dominik Benner, the owner of Schuhe24, the German-based online marketplace...
Dominik Benner, the owner of Schuhe24, the German-based online marketplace for independent shoe retailers, has acquired 40 percent of We Want Shoes, the German online brand marketing and networking platform. The price paid for the acquisition was not reported. Saydou Bangoura, founder of We Want Shoes, remains chief executive of ...
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Short stops
Tod's denies speculation that the company is for sale...
Tod's denies speculation that the company is for sale
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Rubin Ritter, joint chief executive and finance director of Zalando,...
Rubin Ritter, joint chief executive and finance director of Zalando, has sold some of his shares in the company for the third time so far this year, after a further decline in the share price
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Toni Pons' new distribution center in Catalonia, Spain, has storage...
Toni Pons' new distribution center in Catalonia, Spain, has storage capacity for up to 100,000 pairs of shoes, which will allow the company to expand the store franchising side of its business. Located in Girona, near the corporate headquarters of the Spanish brand of lounge shoes, the distribution center covers ...
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The German Cartel Office is expected to rule on the...
The German Cartel Office is expected to rule on the proposed merger of the Karstadt and Kaufhof department store operations by Nov. 9, but it may take three months longer if an anti-trust investigation is required
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Xero Shoes, a fast-growing company in Boulder, Colorado that produces...
Xero Shoes, a fast-growing company in Boulder, Colorado that produces minimalist sneakers and sandals, has raised $2.3 million in debt capital in a deal with JP Morgan Chase. The proceeds will help the company to support its growth and to expand the product range. Xero's sales have enjoyed a sixfold ...
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Cesare Paciotti, one of the best known brands of women's...
Cesare Paciotti, one of the best known brands of women's shoes operating in the Marche region of Italy, has changed its brand name to Paciotti, addressing a younger customer target. The company went through a rough patch three years ago because of a major decline in its turnover and a ...
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The Belgian FNG Group has taken over the Henkelman Group,...
The Belgian FNG Group has taken over the Henkelman Group, a big international Dutch-based trading company specializing in footwear, from its founder and managing director, Theo Henkelman. The fashion company, which is run by Dieter Penninckx, already has the Claudia Sträter and Miss Etam brands as part of its footwear ...
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VF Corporation is making a further adjustment to its brand...
VF Corporation is making a further adjustment to its brand portfolio with a definitive agreement to sell its Reef brand of beach lifestyle products to the Rockport Group, which also holds the Aravon and Dunham brands Rockport, which is now run by Gregg Ribatt, was recently taken over by ...
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Mifitto, a German start-up specializing in 3D measurement of feet...
Mifitto, a German start-up specializing in 3D measurement of feet that filed for bankruptcy on July 5 at the local court of Duisburg, will be taken over by a consortium from Cologne and Franconia. No further details on the takeover have been revealed. Mifitto has developed a system that claims ...
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Allbirds, the American brand of sustainable footwear launched in 2016,...
Allbirds, the American brand of sustainable footwear launched in 2016, has raised $50 million more in Series C funding from institutional investors including T. Rowe Price and Fidelity. It has collected a total of $75 million to conduct further research into sustainable materials and to expand internationally. It has just ...
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P.W. Minor has shut down operations completely after 151 years...
P.W. Minor has shut down operations completely after 151 years in business. According to a Worker Adjustment and Retraining Notification (WARN) Act, the reasons for its closure were “economic.” Oct. 5 was listed as the closing date. Based in Batavia, NY, P.W. Minor was the second-oldest footwear manufacturer in the ...
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Florida Group has decided to shut down the factory in...
Florida Group has decided to shut down the factory in Norwich that produced women's shoes for its Van Dal brand. All production will be moved to Italy and India. Van Dal will continue to be present in Norwich as a new office and warehouse in town are reportedly in the ...
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The Vivarte group confirmed earlier this month the sale of...
The Vivarte group confirmed earlier this month the sale of Besson Chaussures to Weinberg Capital Partners, a French investment fund, and to the Philippe Ginestet group, which owns the low-price Tati apparel stores among other retail assets. Besson has been a wholly-owned subsidiary of Vivarte since 1998 and posted revenues ...
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Following the vertical integration strategy of Hermès Louis Vuitton, Chanel...
Following the vertical integration strategy of Hermès Louis Vuitton, Chanel has taken full ownership of two tanners to better secure the supply of high-quality leather, especially for its handbags and other leathergoods. One of them is a Spanish tannery, the Colomer Leather Group. Its revenues had fallen sharply in recent ...
