All Corporate articles – Page 48
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Short stops
A fire spread through the building hosting the European head...
A fire spread through the building hosting the European head office of Crocs in the Dutch town of Hoofddorp on April 9, but nobody was reported hurt
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News briefs
Brown Shoe Company is going to change its name to...
Brown Shoe Company is going to change its name to Caleres, a Latin word that means “to glow,” after its May 28 annual meeting of shareholders. The American company says it is rebranding to position itself for “accelerated growth and global expansion.” It is also adjusting its “Star-Five-Star” logo, which ...
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Sperry Top-Sider has changed its brand name to Sperry and...
Sperry Top-Sider has changed its brand name to Sperry and launched a new logo
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Boxfresh, the British streetwear brand that belongs to Pentland Brands'...
Boxfresh, the British streetwear brand that belongs to Pentland Brands' portfolio, will drop its clothing line after the autumn 2015 season to focus on its core footwear business. Clothing accounted for less than 10 percent of Boxfresh's product offer and sales for autumn 2015. Boxfresh's products are sold by various ...
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Sequential Brands has agreed to buy from Camuto Group a...
Sequential Brands has agreed to buy from Camuto Group a majority stake in Jessica Simpson's brand. Last year, the brand's sales reached $1 billion. Simpson now designs products in more than 30 categories. Sequential has acquired the master license to the line, but Camuto will continue to produce the collection's ...
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CTC, the French-based quality certification agency for leather and leather...
CTC, the French-based quality certification agency for leather and leather products, has opened a new office and laboratory in Dhaka, the capital of Bangladesh. It will be run by Puneet Singh, who has already managed CTC India. The agency already has 11 other offices in China, India, Vietnam, Cambodia and ...
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While selling Rockport, the Adidas Group is said to be...
While selling Rockport, the Adidas Group is said to be investing in Bucketfeet, a new and innovative American brand of canvas sneakers along with Gordon Segal, founder of Crate & Barrell, and others. Adidas, which is apparently making the investment through a fund called Hydra Ventures, declined to comment on ...
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Richard Kottler, who stopped acting as chief executive of the...
Richard Kottler, who stopped acting as chief executive of the British Footwear Association in 2014 after six successful years at its helm, has launched a new investment venture, Tailwind, to help small fashion and footwear businesses to find new sources of external financing. The consultancy will develop a business plan ...
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Amazon has reportedly acquired Shoefitr, a company that has performed...
Amazon has reportedly acquired Shoefitr, a company that has performed 3D scans on hundreds of thousands of shoes by more than 1,000 brands to help customers to pick the right size for their feet. Based in Pittsburgh, the company was formed by a group of college athletes in 2010. Its ...
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Kurt Geiger is apparently looking for a new investor. According...
Kurt Geiger is apparently looking for a new investor. According to Sky News, the new controlling shareholder of the British company, Sycamore Partners, has engaged Goldman Sachs to look at strategic alternatives, seeking a valuation of around £300 million (€410.9m-$446.1m). Sycamore bought Kurt Geiger early last year as part of ...
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More than 500 employees of Converse have moved to the...
More than 500 employees of Converse have moved to the company's new state-of-the-art head office in downtown Boston from its former suburban premises. It occupies more than 186,000 square feet in a renovated building on the waterfront.
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Schoon, a well-known chain of 10 shoe shops in the...
Schoon, a well-known chain of 10 shoe shops in the U.K., has been taken over by a British entrepreneur previously involved in catering and recruitment, Mark Pinnock, with the support of an investment company, Tnui Asset Finance. The loss-making chain had been acquired in January 2014 by two British shoe ...
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JAB Holdings (former Labelux) is shutting down Zagliani, the Italian...
JAB Holdings (former Labelux) is shutting down Zagliani, the Italian brand of high-end handbags that it bought in 2009, and folding it into Bally. It will continue to use Zagliani's worshop in Milan to make handbags for Bally, including customized products. The integration is being conducted by Giovanni Torchiani, a ...
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Four big shareholders of Zalando have sold a total of...
Four big shareholders of Zalando have sold a total of 17.9 million shares, representing 7.3 percent of the equity, through Morgan Stanley. They were sold at an average price of €23.75 to institutional investors through an accelerated private placement process. The sellers are Global Founders, Holtzbrinck Ventures, AI European Holdings ...
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The union representatives of Vivarte have asked its new shareholders...
The union representatives of Vivarte have asked its new shareholders to take an attitude of social responsibility in the possible reorganization of the group, which manages 16 shoe and fashion retail chains including André, Minelli, San Marina, La Halle, etc. They complain about a lack of information and consultation on ...
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ANWR Group is putting together a working group to help...
ANWR Group is putting together a working group to help define future strategies. It will be made up of retail members of different sizes from various regions of Germany including Ingo Hänel of Schuh-Beck in Römerstein, Claus Heinrich of Schuh-Heinrich Johann Heinrich from Kiel, Thomas Huber of Schuhhaus Raab in ...
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SGS, the global inspection and certification company, has announced the...
SGS, the global inspection and certification company, has announced the opening of a new footwear testing laboratory at SGS Gunesli, Istanbul. The lab is located in a geographically strategic spot where it can serve the growing needs of the consumer goods industry in Turkey, Western Asia and Eastern Europe. The ...
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Named after a city in the Piedmont region of Italy,...
Named after a city in the Piedmont region of Italy, Alessandria has taken the place of Alexandria. Calzaturificio Torlasco, an Italian shoemaker in the region, has taken over selected assets of Alexandria Calzaturificio, which went into liquidation a few weeks ago after 70 years in business, reportedly because of ...
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Feetz, the U.S.-based company that makes customizable shoes with 3D...
Feetz, the U.S.-based company that makes customizable shoes with 3D printing (Shoe Intelligence no. 17-2+3 of Feb. 3), has closed a round of financing worth $1.25 million, allowing it to start commercial operations later this year. Aside from Uli Becker, a former chief executive of Reebok, the investors are Khosla ...
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Carlo Pazolini has decided to close down all the 14...
Carlo Pazolini has decided to close down all the 14 stores it has opened in North America since 2011, according to Rbc. Founded by Ilya Reznik in 1991, the brand is one of the largest players in the Russian shoe market with a network of 230 corporate and franchised stores ...