All Corporate articles – Page 43
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Iconix Brand Group, the owner of Umbro, Candie's and several...
Iconix Brand Group, the owner of Umbro, Candie's and several other brands, has adopted a short-term shareholder rights plan after a sharp decline in its share price in recent months. Sports Direct International (SDI), the British retailer, acquired indirect economic interests amounting to 14.4 percent in Iconix in the last ...
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Shoes.com, the growing North American online shoe retailing group set...
Shoes.com, the growing North American online shoe retailing group set up by Roger Hardy in 2014, after his sale of a Canadian-based online store for eyeglasses and contact lenses to Essilor, wants to raise between $25 million and $50 million in private funding to help finance some new acquisitions, according ...
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Marc Shoes has made adjustments to the product development and...
Marc Shoes has made adjustments to the product development and sourcing process to regain the confidence of some retailers that had stopped working with the German brand because of quality and delivery problems. Its shoes were previously made for the most part in India and some other Asian countries. Now ...
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The Danish Bestseller Group has agreed in principle to acquire...
The Danish Bestseller Group has agreed in principle to acquire a majority stake in Bianco Footwear, a Dutch-based group that has built up a network of more than 140 corporate and franchised stores in Scandinavia, the German-speaking countries, Poland and the Middle East. The stores sell only Bianco's private label ...
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Joya, the comfort shoe brand from Switzerland, moved 10 percent...
Joya, the comfort shoe brand from Switzerland, moved 10 percent of its production to Turkey. Joya works together with a local partner in Turkey for the production of small shoe collections, more fashionable designs as well as limited editions. The plan is to increase the production in Turkey to 20-30 ...
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Deichmann is moving its U.K. office to larger premises next...
Deichmann is moving its U.K. office to larger premises next April. The move follows the continued expansion of its business in the country, where it operates 96 stores. Eight of them were opened in 2015. More are going to follow this year.
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A contract for the sale of the Hamm Reno retail...
A contract for the sale of the Hamm Reno retail group is expected to be signed during the month of February, says Schuhkurier
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The new owners of Brantano U.K. are considering a reduction...
The new owners of Brantano U.K. are considering a reduction in the number of jobs at the chain, according to The Sunday Times. The process may entail the closure of some of its 140 stores and 60 concessions in the U.K. As we have previously reported, Macintosh Retail Group sold ...
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WWD reports that Tamara Mellon is set to reduce her...
WWD reports that Tamara Mellon is set to reduce her stake in Tamara Mellon Brands from 52 percent to just over 16 percent as part of a refinancing proposal that has received the approval by the District Court of Delaware, allowing her company to get out of Chapter 11 bankruptcy ...
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Zalando is taking over Nugg, a German company that supplies...
Zalando is taking over Nugg, a German company that supplies targeted digital marketing solutions, from the German Post Office, in order to address specific target groups in different ways. In the U.S., meanwhile, Amazon is reportedly planning to set up its own fleet of cargo airplanes to avoid delayed deliveries ...
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A Hong Kong-based financial service company registered in the Seychelles...
A Hong Kong-based financial service company registered in the Seychelles islands, Yucheng International, has agreed to acquire the 64.15 percent stake held by Pegasus Footgear Management in its shoe factory in Guangzhou, Pegasus International Holding, subject to various conditions. It would subsequently make a bid for the remaining shares of ...
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Evereste, the Portuguese footwear company operated by the Fernandes family,...
Evereste, the Portuguese footwear company operated by the Fernandes family, is reported to be working on a customization program
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OluKai, the California-based lifestyle footwear company, has made an unspecified...
OluKai, the California-based lifestyle footwear company, has made an unspecified investment in Kaenon, the Californian brand of sunglasses. Darren Rosenberg will continue to run Kaenon as an independent entity. Known for its proprietary SR-91 polarized lenses, Kaenon was founded in 2001 by Darren and his brother Steve, who has left ...
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R.M. Williams has announced that Hugh Jackman, the well-known Australian...
R.M. Williams has announced that Hugh Jackman, the well-known Australian actor, has become a private investor in the company, alongside majority shareholder L Capital Asia and IFM Investors. The Australian shoe firm, which was founded by Reginald Murray Williams in 1932, hopes the fame of the new shareholder will promote ...
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To prepare itself for accelerated growth in Europe, Skechers is...
To prepare itself for accelerated growth in Europe, Skechers is again raising the capacity and efficiency of its European distribution center in Belgium. A new phase of expansion will take the total warehousing surface to more than 100,000 sqm. by next April. The 13-year-old facility, which gets its products through ...
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Schlatsholt, a German shoe retail chain with 22 stores in...
Schlatsholt, a German shoe retail chain with 22 stores in the densely populated Ruhr area of Germany, has reportedly obtained a special type of bankruptcy protection from creditors, after court approval of a reorganization program
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Zalando officially opened on Dec. 15 its first logistics center...
Zalando officially opened on Dec. 15 its first logistics center outside of Germany in Stradella, northern Italy. The 20,000-square-meter structure is supposed to cover the majority of Italian orders, and to respond to the increasing demand on the emerging Italian e-commerce market. The first products are already stored in Stradella ...
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Rubin Ritter, finance director of Zalando, and the Samwer brothers,...
Rubin Ritter, finance director of Zalando, and the Samwer brothers, who help found the e-commerce giant, have cash out of some of their shares. Ritter has sold shares worth €3.26 million. Acting through their holding company, Global Founders, the brother have reduced their stake in Zalando to 9.92 percent. The ...
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Hermès has bought Tanneries du Puy, a longtime supplier of...
Hermès has bought Tanneries du Puy, a longtime supplier of the leather used in its products. Specializing in box-calf leather, Tanneries du Puy works for many important manufacturers of shoes and leathergoods around the world. To help secure its supplies and become more vertically integrated, Hermès had already spent some ...
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Osco, a discount shoe retailers based in Berlin and run...
Osco, a discount shoe retailers based in Berlin and run by Zhang Huafeng, has closed its 20 stores in Germany and its online shop following insolvency proceedings