All Corporate articles – Page 50
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Sanita Footwear is expanding its activities in the growing area...
Sanita Footwear is expanding its activities in the growing area of work and safety shoes with the acquisition of the operations in this sector of another Danish company, Green Comfort. Synergies are expected in terms of product, considering the more modern and sporty look of Green Comfort's offerings, as well ...
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A court in Bologna has accepted Bruno Magli's insolvency and...
A court in Bologna has accepted Bruno Magli's insolvency and given its latest owner, Da Vinci Invest, time until March 3 to find new investors and to present a financial reorganization plan to its creditors. According to the Itlian press, three funds - Carlyle, Blue Star and Neuberger Berman – ...
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The Dutch shoe designer Fred de la Bretonière, 69, has...
The Dutch shoe designer Fred de la Bretonière, 69, has left the executive board of Estral BV, the Dutch shoes and accessories company, which he founded. The investor Karmijn Kapitaal acquired a majority stake in the company and its three brands Fred de la Bretonière, Shabbies Amsterdam and Fretons. De ...
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With a stock market capitalization of around €6.2 billion, Zalando...
With a stock market capitalization of around €6.2 billion, Zalando is set to move into the SDax index of the Frankfurt Stock Exchange on Dec. 22, joining Puma and other firms. The company, which has been listed since Oct. 1, had reportedly sought to join the higher-level MDax index, taking ...
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Viola Metzner and Hans-Josef Orth are the new owners of...
Viola Metzner and Hans-Josef Orth are the new owners of the German Rohde Group since the beginning of November. They are exclusive shareholders of the German shoe producer, taking over the shares held by Wheatfield Investments, Morgan Stanley and Constantin Bastian Leander Venture Capital. As reported previously in Shoe Intelligence, ...
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The tribunal of Rimini continues to look for an investor...
The tribunal of Rimini continues to look for an investor who will take on Valleverde as a going concern, together with its 130-odd employees, but the Italian media are speculating that it may only find a buyer for its trademark and a few other assets. Since its bankruptcy in February, ...
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Silverfleet, the private equity company that took over the Office...
Silverfleet, the private equity company that took over the Office retail chain four years ago, has reportedly mandated JP Morgan to review its options for cashing out through a sale of the company or its stock market flotation. Here again, the business has further possibilities for international expansion. However, probably ...
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Wolverine Worldwide is planning to increasingly shift manufacturing from China...
Wolverine Worldwide is planning to increasingly shift manufacturing from China to Vietnam. This is what representatives from Wolverine reportedly said during a recent conference led by the Vietnam Leather, Footwear and Handbag Association (Lefaso) and the Footwear Distributors and Retailers of America (FDRA) in Vietnam. While 75 percent of the ...
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Charles Clinkard will move to a new warehouse and office...
Charles Clinkard will move to a new warehouse and office in Middlesbrough, in north-east England, next September to keep up with its growing online business. The family-run footwear retailer will move from the current 30,000-square-foot warehouse to a 55,000-square-foot unit, which is located just five miles away. Online sales will ...
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Short stops
Carlyle, the private equity fund that recently cashed out of...
Carlyle, the private equity fund that recently cashed out of Moncler with a big capital gain, is said to have made a bid for Bruno Magli
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News briefs
Huntsman Polyurethanes will expand the capacity of its thermoplastic polyurethane...
Huntsman Polyurethanes will expand the capacity of its thermoplastic polyurethane (TPU) factory in Osnabrück, Germany from 70,000 to around 75,000 tons per year in the first half of 2015. The company said it was responding to increased demand from the footwear industry and other sectors.
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News briefs
Samson, the French producer of medium-priced women's shoes, has been...
Samson, the French producer of medium-priced women's shoes, has been placed under judicial administration for a period of six months. The company cites a big drop in orders from Russia, which had become its biggest foreign market.
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Camper has bought a building in Barcelona to double the...
Camper has bought a building in Barcelona to double the space of its hotel, Casa Camper, according to reports in modaes.es. The Spanish footwear company already owns the Dos Palillos restaurant in the building. After renovations, the hotel will communicate directly with the restaurant. The first Camper hotel was opened ...
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Short stops
Ka & Ka, the holding company behind The Flexx, changed...
Ka & Ka, the holding company behind The Flexx, changed its name to The Flexx on Oct. 20
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Boot Barn, the American shoe retailer specializing in Western boots,...
Boot Barn, the American shoe retailer specializing in Western boots, has completed its initial public offering on the New York Stock Exchange, trading since Oct. 30 under the symbol “BOOT.” It has collected total net proceeds of about $82.7 million from the sale of 5,750,000 shares at $16.00 apiece, including ...
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Short stops
Arezzo, the big Brazilian shoe retailer and brand owner, advises...
Arezzo, the big Brazilian shoe retailer and brand owner, advises suppliers to stop sending their bills between Dec. 15 and Jan. 10 because of the installation of an SAP system
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News briefs
We already reported about the acquisition of Harrys of London...
We already reported about the acquisition of Harrys of London by an investment fund, Palladin Consumer Retail Partners. According to Drapers magazine, the new owners are planning to develop the shoe retail chain internationally, starting with four new stores in Saudi Arabia, Bahrain, Doha and Riyadh. It also plans to ...
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News briefs
Supported by Morgan Stanley, Oliver Kraxner is reportedly set to...
Supported by Morgan Stanley, Oliver Kraxner is reportedly set to take over the shares held in Erich Rohde by other shareholders by the end of this month. Morgan Stanley took over the German shoe company along with a German investment firm, Square Four, in March 2008. The latter has been ...
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News briefs
Steve Madden is buying its Mexican licensee, SM Mexico, for...
Steve Madden is buying its Mexican licensee, SM Mexico, for about $15 million to grow its presence in Mexico. The licensee is a division of Grupo Dicanco, which distributes licensed shoe brands in the country. Net sales for SM Mexico for the twelve months ended July 31 totaled around $15.4 ...
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Tod's may spin off its Hogan shoe brand on the...
Tod's may spin off its Hogan shoe brand on the stock market, according to reports about comments that were attributed to Diego Della Valle, Tod's chairman, at an investor day on Sept. 22. Revenues for the Hogan brand fell 5.8 percent at constant exchange rates in the first half of ...
