All Corporate articles – Page 44
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Cinven is said to be in pole position to acquire...
Cinven is said to be in pole position to acquire Kurt Geiger
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News briefs
Tamara Mellon has reportedly become insolvent. According to the U.S....
Tamara Mellon has reportedly become insolvent. According to the U.S. media, the British shoe designer has filed a voluntary Chapter 11 bankruptcy petition in a U.S. court for her eponymous brand, which she had launched in November 2013, two year after leaving Jimmy Choo. She had co-founded the brand and ...
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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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William Lamb Footwear has changed its name to William Lamb...
William Lamb Footwear has changed its name to William Lamb Group. According to an official of the British company, the change is related to its possible diversification into the supply of handbags.
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Bondholders of Sympatex Holding have rejected a proposal to get...
Bondholders of Sympatex Holding have rejected a proposal to get their bonds redeemed ahead of their maturity for 101 percent of their value, and this should make it more difficult for shareholders to sell parts of the group to interested parties. Only creditors representing 21.6 percent of the €13 million ...
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Bench, which is now run by Bruno Salzer out of...
Bench, which is now run by Bruno Salzer out of its Munich office, has cut by half the team at its head office in Manchester, previously made up of 120 people, and expanded operations in Germany. Roles across various areas, among which are “design and communication” and other important functions, ...
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Cherokee Global Brands, a marketer of lifestyle brands based in...
Cherokee Global Brands, a marketer of lifestyle brands based in California, has acquired Flip Flop Shops, a chain of more than 90 franchised stores in the U.S., Canada, Caribbean, Middle East and South Africa that sell hot brands of thongs, casual shoes and accessories like Havaianas, Olukai, Quiksilver and Reef. ...
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An Austrian chain of six shoe shops, Mannequin Shoes, is...
An Austrian chain of six shoe shops, Mannequin Shoes, is reported to have filed for insolvency. The creditors have been asked to file their claims by Dec. 30. They will be examined on Jan. 13 by a receiver in Vienna, Günther Hödl. The two owners of the chain, Zhishi Chen ...
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Rautureau Apples Shoes (RAS), the parent company of Free Lance...
Rautureau Apples Shoes (RAS), the parent company of Free Lance and other footwear brands, has created a new company, RAS Kids, for its fast-growing brand of children's shoes, Pom d'Api. The new company, which is still controlled by RAS, has been placed under the management of Alexandra Bois-Auboin, a former ...
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Zalando has announced plans to build a new “campus” for...
Zalando has announced plans to build a new “campus” for its headquarters in Berlin that should go into operation in 2018. With 42,000 square meters of office space in two buildings and a total of nearly 100,000 m² at its disposal in the immediate neighborhood, the move would give Zalando ...
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Genesco has announced that its Canadian subsidiary has entered into...
Genesco has announced that its Canadian subsidiary has entered into an agreement with the Aldo Group to acquire Little Burgundy, a retail footwear chain in Canada that is similar to its own Journeys chain of 800-plus stores in the U.S. The terms of the transaction were not disclosed and are ...
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Ka & Ka, the parent company of The Flexx, has...
Ka & Ka, the parent company of The Flexx, has changed its name to The Flexx. Axel Kaiser, who remains as the chief executive of the Italian supplier of fashionable comfort shoes, has raised his stake in the company from 20 to 30 percent.
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CCMP Capital Advisors has completed the acquisition of a controlling...
CCMP Capital Advisors has completed the acquisition of a controlling interest in Shoes For Crews, a specialist in slip-resistant footwear. The Smith family, the company's founders, will rollover a portion of their equity as part of the transaction. Founded in 1984, Shoes For Crews produces footwear which is supposed to ...
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Shoes.com has acquired Richer Poorer, the Los Angeles-based brand of...
Shoes.com has acquired Richer Poorer, the Los Angeles-based brand of lifestyle socks. The footwear and apparel e-tailer said the acquisition is part of its plan to expand its offering into the accessories and apparel categories. Richard Poorer was founded in 2010 in Southern California. Since then the men's sock category ...
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Wortmann has opened a special new head office in Detmold,...
Wortmann has opened a special new head office in Detmold, called “The Loft,” created out of an old warehouse with an investment of more than €5 million. It has a total area of 2,800 square meters, divided into three sections and including a 600-square-meter showroom. The space and the interior ...
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Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports...
Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports retailing, will take over Sport Sperk, a German chain of 13 sporting goods stores (more in SGI Europe)
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Yoox and Net-a-Porter have completed their merger into the Yoox...
Yoox and Net-a-Porter have completed their merger into the Yoox Net-a-Porter Group, creating a new online luxury fashion group with an annual turnover of €1.3 billion. Synergies will be obtained in logistics and other operations, but the two sites will continue to be managed independently. Alison Loehnis, former president of ...
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Lotto Sport Italia and Stonefly, which share some common ownership,...
Lotto Sport Italia and Stonefly, which share some common ownership, have been studying a possible integration of some of their operations, ranging from the supply chain to the retail network. It seems that the plan could come to fruition in terms of back-office operations during the first half of 2016. ...
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Global Fashion Group, the extra-European clone of Zalando controlled by...
Global Fashion Group, the extra-European clone of Zalando controlled by some of the same shareholders, is reportedly negotiating the sale of its Indian e-commerce website, Jabong
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News briefs
Marc Shoes, which was taken over by Thomas Bauerfeind's Berkemann...
Marc Shoes, which was taken over by Thomas Bauerfeind's Berkemann Group five years ago, plans to shut down Marc's office at Hessisch-Oldendorf, which employs 27 people in administration and logistic. Out of them, 20 have received offers for relocation to another site.
