All Corporate articles – Page 40
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News briefs
Keen Footwear is using robots to make its Uneek shoes...
Keen Footwear is using robots to make its Uneek shoes in half the time required with the conventional manufacturing process. The robots, which were developed by ABB, were presented at its booth at the Outdoor Retailer show in Salt Lake City at the beginning of this month. Retailers have shown ...
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Vibram USA has opened a new footwear soling facility in...
Vibram USA has opened a new footwear soling facility in Watertown, South Dakota, in combination with Glacial Lakes Rubber & Plastics
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Vans has opened a skate park in the Swedish city...
Vans has opened a skate park in the Swedish city of Malmö
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Supra has opened a multi-purpose creative space conceptualized by Chad...
Supra has opened a multi-purpose creative space conceptualized by Chad Muska in Los Angeles, called Melrose/Fairfax that includes a pop-up retail shop for its footwear and clothing
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Indonesian footwear producers are building up capacity in Central Java...
Indonesian footwear producers are building up capacity in Central Java to cut production costs and compete with their industry rivals in Vietnam, according to footwearbiz.com. The website quotes Selalu Cinta Indonesia, a subsidiary of the Karet Murni Kencana Group, as saying that it is building a production unit in the ...
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K- Swiss Global Brands is planning to relocate its global...
K- Swiss Global Brands is planning to relocate its global headquarters from Westlake Village, California to the Pac Mutual Building in downtown Los Angeles by Jan. 1, 2017. The new facility will house global operations for K-Swiss and the sister brands Supra, Palladium and Otz Shoes, as well as operations ...
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Filling jobs in Vietnam is likely to become more difficult...
Filling jobs in Vietnam is likely to become more difficult for employers in several key industries, including footwear, according to the International Labor Organization. A recent I.L.O. report projects that the number of positions available to Vietnamese workers is likely to increase by 14.5 percent between now and 2025, giving ...
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Wolverine Worldwide's board of directors has authorized a new stock...
Wolverine Worldwide's board of directors has authorized a new stock repurchase program for up to $300 million, replacing the balance of a program it had approved in 2014. The company will also issue 10-year bonds with a face value of $250 million that will help redeem a series of outstanding ...
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Camuto Group has announced the purchase of a majority stake in...
Camuto Group has announced the purchase of a majority stake in Sole Society. The transaction, whose terms were not disclosed, marks Camuto's first digital acquisition. Nordstrom, the former majority owner of the women's shoes, bags and accessories brand, will remain a minority owner, and Nordstrom will continue to carry Sole Society ...
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Jones Bootmaker and Brantano UK, both owned by Alteri Investors,...
Jones Bootmaker and Brantano UK, both owned by Alteri Investors, have outsourced their warehousing and store deliveries to the DHL facility in Hams Hall, near Birmingham. Their warehouse in Coalville, Leicestershire was closed at the end of July. The two footwear firms have also moved their joint head office from ...
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Hermès has acquired an unspecified minority stake in Pierre Hardy,...
Hermès has acquired an unspecified minority stake in Pierre Hardy, a French brand of luxury shoes named by a designer who had been responsible for Hermès shoes in the 1990s and for those of Balenciaga in 2001 and 2002. Hardy created his own label in 1999, making an annual turnover ...
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Sator Capital, a Rome-based private equity house, has acquired a...
Sator Capital, a Rome-based private equity house, has acquired a further 35 percent stake in L'Autre Chose from the Boccaccini family, the founders of the Italian retailer, raising its stake in the business to a total of 84 percent. The Boccaccinis will retain the remaining 16 percent. L'Autre Chose sells ...
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The ANWR Group has acquired a minority stake in a...
The ANWR Group has acquired a minority stake in a Dutch online shoe retailer, Topshoe.nl, which was founded in 2011 by Han Landmann. Currently, more than 40 shoe retailers with 80 stores and over 400 shoe labels are affiliated members of Topshoe.nl, which offers a platform to market the retailers' ...
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Wolverine Worldwide announced on Aug. 16 that it was going...
Wolverine Worldwide announced on Aug. 16 that it was going to offer $250 million worth of senior notes to fund the redemption of its outstanding senior notes due 2020, which carry annual interest of 6.125 percent. The new notes have been priced with an interest rate of 5.000 percent, due ...
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In contrast with Vivarte, which is selling off its shoe...
In contrast with Vivarte, which is selling off its shoe manufacturing subsidiary, CVC, the other major French shoe retailing group, Eram has set up a school to train skilled workers and technicians for its two remaining factories, which employ 350 people in the production of about 1.2 million pairs a ...
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Salvatore Ferragamo's outgoing chief executive, Michele Norsa, said the Italian...
Salvatore Ferragamo's outgoing chief executive, Michele Norsa, said the Italian fashion house will focus on widening the profit margins on its products this year rather than pushing sales, to combat lower growth in the luxury market as a whole. Norsa, who spoke before the brand's menswear show at the Milan ...
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Zappos is reportedly closing down its innovation center in San...
Zappos is reportedly closing down its innovation center in San Francisco and move dits R&D lab to its own head office in Las Vegas
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Tod's has celebrated the completion of the first phase of...
Tod's has celebrated the completion of the first phase of renovation of Rome's Colosseum, a restoration project which is supported by the Italian luxury group. The first phase of the works has focused on the northern and southern façades of the iconic monument, cleaning up a total of 13,300 square ...
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Shoe Carnival has launched a stock repurchase plan for up...
Shoe Carnival has launched a stock repurchase plan for up to $50 million, running until Nov. 30 at the latest
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Skechers has moved to bigger offices for its British subsidiary,...
Skechers has moved to bigger offices for its British subsidiary, as it continues to expand across Europe. It moved from Potters Bar, north of London, to a nearby facility of about 1,600 square meters in St Albans, with nine showrooms and plenty of multi-media technology. Rapid growth in the U.K. ...
