All Corporate articles – Page 55
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Robert Polet, the former chief executive of the Gucci Group,...
Robert Polet, the former chief executive of the Gucci Group, is investing an unspecified amount in Scarosso, a fast-growing German online shoe shop founded three years ago by two young managers, Moritz Offeney and Marco Reiter. It specializes in the sale of high-quality men's and women's shoes from the Marche ...
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The Samwer brothers, who participated in the launch of Zalando...
The Samwer brothers, who participated in the launch of Zalando and other shoe and fashion e-commerce platforms through Rocket Internet, are reportedly contemplating the start-up of an online bank and a virtual furniture store called Home24
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Chinese authorities are reportedly conducting an investigation into the causes...
Chinese authorities are reportedly conducting an investigation into the causes of a fire that took the lives of at least 16 workers at the Dadong Shoe factory in the town of Wenling, in Zhejiang province, on Jan. 14. Firefighters rescued more than 20 employees, and five of them were taken ...
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Arvato, a subsidiary of the Bertelsmann publishing group, is taking...
Arvato, a subsidiary of the Bertelsmann publishing group, is taking over Netrada, a German e-commerce platform that recently filed for bankruptcy. Netrada operates more than 80 online stores in the fashion sector including those of Görtz, Esprit, C&A, Lacoste and Puma. Most of the 2,200 employees of Netrada should keep ...
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Dr. Martens has announced that, further to a statement made...
Dr. Martens has announced that, further to a statement made on Oct. 24, 2013, an investment vehicle backed by the Permira Funds has completed the acquisition of R. Griggs Group, the parent company and licensee-in-perpetuity of the Dr. Martens brand, for £300 million (€364.2m-$493.5m). In addition, the iconic British brand ...
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Clarks is beginning to manufacture some shoes again in the...
Clarks is beginning to manufacture some shoes again in the northern part of Portugal
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Birkenstock plans to move its marketing, communication and administrative department...
Birkenstock plans to move its marketing, communication and administrative department to new offices in Neustadt in March to join the group's sales team, which moved there from its former headquarters in Vettelschoss at the beginning of this year. Birkenstock has rented three buildings in the business park of Neustadt, covering ...
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Adelchi has broken up with its former manufacturing partner in...
Adelchi has broken up with its former manufacturing partner in Bangladesh, Apex Adelchi, which has set up its own independent operation, and formed a partnership with another shoe manufacturer, Bengal Shoe Industries Ltd. (BSIL), that has a three-year-old, state-of-the-art factory employing 1,000 people at Rakhala. It is a subsidiary of ...
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Shoe Carnival has announced an extension of its $25 million...
Shoe Carnival has announced an extension of its $25 million share repurchase program to Dec. 31, 2014
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CTC has announced the acquisition of 100 percent of the...
CTC has announced the acquisition of 100 percent of the capital of STR France, of which it has been a shareholder alongside U.S.-based STR since 2001. CTC is a big French consultancy firm specializing in quality assurance, testing and training for the shoe and leathergoods businesses. STR France offers the ...
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Discussions are still being held with potential investors in Görtz...
Discussions are still being held with potential investors in Görtz and they may lead to a decision to sell the big German shoe retailing company in the first quarter of 2014, but there is apparently no pressure to make the move. Gôrtz has become profitable again at the operating level ...
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Barratts, the bankrupt British shoe retail chain that previously belonged...
Barratts, the bankrupt British shoe retail chain that previously belonged to Stylo, has shut down 19 of its remaining 75 stores, affecting about 200 of its 1,035 employees. The court-appointed administrators of the chain, Duff & Phelps, have reportedly dismissed Michael Ziff, the company's chairman and chief executive, along with ...
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Vibram has revised its operations around two separate business units:...
Vibram has revised its operations around two separate business units: finished goods and components. Both are serviced by the same marketing and administrative group. The finished goods division includes Vibram's FiveFingers range of toe-separation footwear. Along with the announcement of the new business model, the company said that next year ...
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Standard & Poor's has raised its rating for LVMH to...
Standard & Poor's has raised its rating for LVMH to A+ from a simple A
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Olip Italia has changed the name of its Airstep brand...
Olip Italia has changed the name of its Airstep brand to A.S.98. The new label stands for Airstep and the year 1998, when it was launched. Olip makes shoes under this brand and another one, Mjus, at its own factory in Bosnia, which employs about 1,200 people.
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The agreement between Yoox, the Italian Internet retailer, and Bally...
The agreement between Yoox, the Italian Internet retailer, and Bally is going to be terminated in 2014, according to reports in Milano Finanza. The two companies have not yet released any official statement on the matter. Yoox recently launched the first online shop for Brioni, the upmarket Italian maker of ...
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After searching for a buyer for many months, the Danish...
After searching for a buyer for many months, the Danish fashion company Rützou has officially declared bankruptcy
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Ploucquet, an affiliate of Sympatex Holding in Germany, will move...
Ploucquet, an affiliate of Sympatex Holding in Germany, will move all activities to its production site in Zittau. In addition to the existing “Tection” division, which covers technical textiles and applications, all the activities of the “Textiles” business area, which also includes fashion textiles, will also be operated in Zittau, ...
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Lohemann's, an American chain of 39 low-priced shoe stores, has...
Lohemann's, an American chain of 39 low-priced shoe stores, has filed for Chapter 11 bankruptcy protection for the third time since 1999, reportedly because it was late in moving into e-commerce at the end of 2011. Liquidation sales are due to begin in January. Meanwhile, three strategic financial buyers are ...
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Giuseppe Zanotti has agreed to sell a 30 percent stake...
Giuseppe Zanotti has agreed to sell a 30 percent stake in Giuseppe Zanotti Design to L Capital, the investment fund sponsored by LVMH and Groupe Arnault, according to a press report that could not be verified by the time of going to press. Zanotti has his eponymous shoe collection and ...
