All Corporate articles – Page 32
-
News briefs
CCC, the Polish-based chain of shoe and leathergoods stores, is...
CCC, the Polish-based chain of shoe and leathergoods stores, is entering the Swiss shoe market by taking a majority stake in Karl Vögele, the Swiss shoe retailer. As reported by both companies, NG2 Suisse, a subsidiary of CCC, has acquired 70 percent of the shares, which were previously held by ...
-
News briefs
Tamara Mellon, who founded the Jimmy Choo brand, has collected...
Tamara Mellon, who founded the Jimmy Choo brand, has collected an additional $24 million from two investors in a second round of financing for the development of her eponymous brand, which she launched in 2016. This takes the total amount raised so far up to $37 million, helping her to ...
-
News briefs
Prada's chief executive, Patrizio Bertelli, said the family who controls...
Prada's chief executive, Patrizio Bertelli, said the family who controls the luxury goods group does not intend to sell its stake. Bertelli added that his own son Lorenzo may one day head the group, if he wants to. Meanwhile, Prada has inaugurated its new factory in Valvigna, near Arezzo, in ...
-
News briefs
The Aldo Group is aiming to more intelligently fulfill online...
The Aldo Group is aiming to more intelligently fulfill online ship-from-store orders through a new partnership with Celect Fulfillment Optimization. The Canadian-based footwear and accessory retailer will use artificial intelligence to leverage store inventories in fulfilling online orders from the most profitable location across its global network. By adding an ...
-
News briefs
Künzli, the Swiss brand of sneakers, has created a subsidiary...
Künzli, the Swiss brand of sneakers, has created a subsidiary with a factory in Albania, for the production of its shoe collections. Künzli's shoes have been made in Switzerland since 1927, outsourcing the stitching in the country and assembling the products in-house. Stitching and assembly are now combined in a ...
-
News briefs
C. Banner International Holdings, a major Chinese footwear manufacturer, retailer...
C. Banner International Holdings, a major Chinese footwear manufacturer, retailer and distributor, has acquired a 51 percent controlling stake in House of Fraser, the British department store chain, from another Chinese company, Nanjing Cenbest. House of Fraser generated sales of £1.3 billion (€1.5bn-$1.8bn) last year through its 59 stores in ...
-
News briefs
Guillaume de Feydeau, who had been appointed president of J.B....
Guillaume de Feydeau, who had been appointed president of J.B. Martin last October, has resigned from his post. He has been replaced by a Portuguese manager, Avelino Machado. De Feydeau had presented a reorganization for the loss-making French shoe company that have been endorsed by the Paris bankruptcy cout last ...
-
Short stops
Zalando is running a €50 million share buyback from May...
Zalando is running a €50 million share buyback from May 11 through June 4 to cover its management stock option program
-
News briefs
The Vivarte Group has sold its Naf Naf brand of...
The Vivarte Group has sold its Naf Naf brand of affordable women's wear to a Chinese group, La Chapelle Fashion Company, for €52 million. This leaves the French group with only two subsidiaries, Besson and Chevignon, that are still looking for new investors. Vivarte has already divested many other holdings ...
-
News briefs
Kröger Shoes, a German shoe retailer, has become insolvent, but...
Kröger Shoes, a German shoe retailer, has become insolvent, but there are reportedly candidates for the acquisition of some or all of its stores. Its owner, Uwe Kröger, died in a car accident at the beginning of April. Kröger Shoes was established in 1984. It operates stores under its own ...
-
News briefs
JD.com is taking a series of action to entice European...
JD.com is taking a series of action to entice European luxury brands. The company has recently announced it can offer faster delivery and better protection against counterfeit products than the sites of its main competitor, Alibaba. At the latest World Retail Congress in Madrid on April 17-19, JD.com's international president, ...
-
News briefs
Bally's new Milan premises in viale Piave 42 are now...
Bally's new Milan premises in viale Piave 42 are now fully operational. The 2,400-square-meter facility, on four floors, is home to the merchandising, visual merchandising and communication departments. It also features an 800-square-meter showroom. Last year, Bally closed down its headquarters in London and relocated the business between Milan and ...
-
News briefs
Tanya Heath, the Paris-based developer of women's shoes with removable...
Tanya Heath, the Paris-based developer of women's shoes with removable heels, is relocating their production from France to Portugal. The move has allowed her to reduce prices on all models by between 20 and 50 percent. The mechanisms and the heels will continue to be made at the company's own ...
-
News briefs
Permactum, a new holding company formed last summer to carry...
Permactum, a new holding company formed last summer to carry out the reorganization of Schlatholst, has filed for insolvency proceedings. The Germany shoe retailer has reduced the number of its stores to 12 from 22 in 2015, when it first filed for insolvency.
-
News briefs
Vibram has announced the opening of a new office in...
Vibram has announced the opening of a new office in Portland, Oregon, to support its clients in this important area of the U.S. for the outdoor industry. It will be run by Joel Enderle, who joins the Italian sole manufacturer after spending more than three decades in product development and ...
-
News briefs
Jean-Pierre Bidegain, a fellow publisher and friend, has sold all...
Jean-Pierre Bidegain, a fellow publisher and friend, has sold all his French shoe-related publications to a company owned by the Societé International du Cuir (SIC), a private company linked to the French Leather Council (CNC) that has a joint venture with UBM Asia for the APLF and Fashion Access fairs ...
-
Short stops
Geox' board approved the merger by absorption of a wholly-owned...
Geox' board approved the merger by absorption of a wholly-owned subsidiary, G.R. MI, which owns five Geox stores in Lombardy managed by the parent company
-
News briefs
Salvatore Ferragamo will ask shareholders to approve on April 20...
Salvatore Ferragamo will ask shareholders to approve on April 20 a resolution authorizing the company to overcome the principle of one share one vote. Under Italian legislation passed in 2014, listed companies can introduce a loyalty bonus granting up to two voting rights to investors holding shares for at least ...
-
News briefs
W.L. Gore & Associates has opened an 11,000-square-foot R&D center...
W.L. Gore & Associates has opened an 11,000-square-foot R&D center in California's Silicon Valley that will connect it with companies in the aerospace, automotive, digital health, consumer electronics, fabrics, industrial and medical fields. A first project underway consists of funding a local startup, Krenzen, for the development of a digital ...
-
News briefs
Nine West is said to be close to filing for...
Nine West is said to be close to filing for Chapter 11 bankruptcy protection from its creditors. The proceedings would allow the American retail chain to restructure a total debt of almost $1.5 billion, while continuing to do business.
