All Corporate articles – Page 37
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Pascal Poulain, general manager of André, is looking for an...
Pascal Poulain, general manager of André, is looking for an investor to help him finance a management buyout of the French shoe retail chain, according to Le Figaro. André, which is one of the assets due to be divested by the Vivarte group, had a turnover of €124 million last ...
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The board of the Leiser Group decided to restructure all...
The board of the Leiser Group decided to restructure all its operating companies in the framework of bankruptcy protection proceedings, which the local court of Augsburg granted on March 24. Three trustees from the Schneider Geiwitz law firm, Arndt Geiwitz, Patrick Wahren and Christian Plail, are guiding the group's new ...
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ShoeBuy has purchased the domain name Shoes.com, reportedly for $9...
ShoeBuy has purchased the domain name Shoes.com, reportedly for $9 million. ShoeBuy was acquired by Jet.com, a subsidiary of Walmart, three months ago. Another former domain name of Shoes.com, SHOEme.ca, has been reportedly acquired by DSW, at an undisclosed price. These two domain names and OnlineShoes.com were owned by a ...
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21 Investimenti, the private equity firm of Alessandro Benetton that...
21 Investimenti, the private equity firm of Alessandro Benetton that took over Philippe Model last July, wants the brand to develop an omni-channel strategy under its new chief executive, Andrea Pesaresi, who comes from Zegna. While consolidating the wholesale segment, where the French-Italian brand of sneakers is sold in about ...
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A French court has given Samson six months to recover...
A French court has given Samson six months to recover from its financial problems. The French producer of Artika Soft shoes has been in receivership since last October. It has laid off 34 workers, putting an end to all its manufacturing activities in France and leaving it with about 20 ...
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Short stops
Zalando has inaugurated its new distribution center for the French...
Zalando has inaugurated its new distribution center for the French market, covering 20,000 square meters at a location near Paris
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Jones Bootmaker has reportedly been put on the market by...
Jones Bootmaker has reportedly been put on the market by its owner, Alteri Investors, which has engaged KPMG to explore options for the 160-year-old British shoe retailer, including a sale or a potential bankruptcy protection process. Jones Bootmaker has 170 stores, and it recently revamped its web shop and launched ...
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Pentland Brands has announced an unspecified investment in SeeVees, a...
Pentland Brands has announced an unspecified investment in SeeVees, a Californian brand of casual lifestyle sneakers. Pentland says the company pioneered the transformation of the original sneaker from a gym shoe to a casual shoe after its establishment in 1964. It was “rediscovered” and “resurrected” in 2010 by Steven Tiller, ...
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After the numerous divestitures announced by Vivarte, its main competitor...
After the numerous divestitures announced by Vivarte, its main competitor in shoe retailing, Eram has announced its decision to put up for sale again Agora Distribution, a French company whose holdings include Tati, a pioneer in discount apparel retailing that has suffered from the development in France of more modern ...
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According to various reports, Payless ShoeSource, the international low-priced shoe...
According to various reports, Payless ShoeSource, the international low-priced shoe retail chain based in the U.S., is planning to shut down between 300 and 1,000 stores while renegotiating its debts of $665 million, of which $520 million consists of loans maturing in 2021. Some Chinese suppliers are suffering because they ...
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LVMH has announced the creation of LVMH Luxury Ventures, a...
LVMH has announced the creation of LVMH Luxury Ventures, a vehicle for the French conglomerate to invest in emerging companies in the fashion, cosmetics or accessories businesses. LVMH Luxury Ventures will be headed by Julie Bercovy, the group's deputy-head of mergers and acquisitions. The new venture will have a starting ...
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Advanced discussions have been taking place lately with potential investors...
Advanced discussions have been taking place lately with potential investors in Erich Rohde, the insolvent German shoe company, according to its receiver, Frank Schmitt. The discussions have concerned a possible takeover of the whole company or just its brand name, according to Schuhkurier. A solution should be found by the ...
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Local reports indicate that an Italian entrepreneur, Enrico Rossi, is...
Local reports indicate that an Italian entrepreneur, Enrico Rossi, is planning to open a new shoe factory in Serbia in the autumn of this year, employing 600 people, through a company called East West. Enrico Rossi and his brother Romano already operate in Serbia through another firm, Progetti, that makes ...
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Kindy, the French company that owns the Catimini and GBB...
Kindy, the French company that owns the Catimini and GBB brands of children's shoes, is in an active phase of discussions with potential investor in a bid to boost its equity and avoid bankruptcy proceedings. The company, which also produces socks under various brand names, is said to be affected ...
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Together with the two other footwear brands of the recently...
Together with the two other footwear brands of the recently formed Rockport Group – Aravon and Dunham - Rockport is moving its global corporate headquarters from Canton, Massachusetts to another town in the Greater Boston Area. The new head office of the group is located in West Newton and offers ...
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Marc Fisher Footwear has bought Easy Spirit, the comfort shoe...
Marc Fisher Footwear has bought Easy Spirit, the comfort shoe brand of Nine West Holdings, from Sycamore Partners, which had acquired Nine West's parent company, the Jones Group, in 2014. Marc Fisher, who has been in the shoe business for more than 30 years, worked for Easy Spirit under his ...
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People Group, a big Chinese group that makes and sells...
People Group, a big Chinese group that makes and sells shoes, handbags and accessories, has acquired Fornarina through a company based in Hong Kong, Bright Fame Holdings. Based in the Marche region of Italy, Fornarina, which was one of the first Italian shoe and apparel companies to do business in ...
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A big Brazilian manufacturer, Usaflex, is planning to open two...
A big Brazilian manufacturer, Usaflex, is planning to open two new shoe factories employing 2,000 people in the state of Rio Grande do Sul. Founded in 1998 and specializing in comfort and fashion shoes, the company already employs 2,800 people at seven other facilities in the state which have a ...
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The ANWR Group, which is becoming more and more digitalized,...
The ANWR Group, which is becoming more and more digitalized, conducted a test with RFID chips at two affiliated retail companies up to the end of last year. At a recent conference on the future of retailing at its campus in Mainhausen, ANWR said it is also working on the ...
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Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike &...
Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike & Trekking, The Right Size and other Dutch trade magazines are been published by a new company, 333 Media, following the bankruptcy in November of Maruba Sports & Travel Publishers. The new company was started by Maas van Drie, former owner ...