All Corporate articles – Page 63
-
News briefs
Wolverine Worldwide announced the belated completion of its $1.24 billion...
Wolverine Worldwide announced the belated completion of its $1.24 billion acquisition of the Performance & Lifestyle Group (PLG) of Collective Brands, which comprises Saucony, Sperry Top-Sider, Stride Rite, Keds and Pro-Keds. Financed through a $1.1 billion senior secured credit facility, the takeover gives WWW a portfolio of 16 shoe brands. ...
-
Short stops
While working on many new initiatives under its new Turkish...
While working on many new initiatives under its new Turkish owners, Lumberjack will unveil a new corporate logo at the Micam fair starting in Milan this Sunday
-
News briefs
Genesco is said to be one of the companies that...
Genesco is said to be one of the companies that are interested in taking over Cole Haan from Nike. Other potential bidders are Texas Pacific Group, the equity investment firm that previously controlled Bally, and another institutional investor, Apax Partners, which wants to sell its stake in France's Groupe Royer. ...
-
Short stops
François-Henri Pinault, chairman and CEO of PPR, has told an...
François-Henri Pinault, chairman and CEO of PPR, has told an Italian newspaper that he wants to acquire other companies in Italy, after the recent takeover of Brioni
-
News briefs
Deichmann is planning to set up a new central distribution...
Deichmann is planning to set up a new central distribution center near Mannheim to complement the four others that it operates in Germany and four warehouses located in other European countries where it operates. This goes with the continuously strong development of the retail group, which is still planning to ...
-
News briefs
Falp's facilities in Corridonia, in Italy's central region of Marche,...
Falp's facilities in Corridonia, in Italy's central region of Marche, suffered minor damage after a fire broke out that was apparently caused by a short circuit. Founded in 1920, Falp makes and sells high-end women's fashion shoes under the brand name Majora and prides itself on its craftsmanship and quality ...
-
News briefs
Brown Shoe Company, which has owned Sam Edelman Shoe since...
Brown Shoe Company, which has owned Sam Edelman Shoe since 2010, has now bought Sam & Libby – the footwear brand that Sam and Libby Edelman founded in 1987. The brand will once again be among its original parent's offerings, along with Sam Edelman and Circus by Sam Edelman, after ...
-
News briefs
Finn Comfort, the German brand for comfort shoes, is expanding...
Finn Comfort, the German brand for comfort shoes, is expanding its production facility and warehouse in Hassfurth am Main in order to improve its production capacity. The new building will be finished at the end of March next year.
-
News briefs
Inditex is exploring the possibility of bringing back part of...
Inditex is exploring the possibility of bringing back part of its Asian production to Spain and Morocco in order to reduce distribution costs. Reported by various press sources, the plan has never been officially referred to by the company. Rising production costs in Asia, and especially in China, would seem ...
-
News briefs
After several years of poor economic performance, one of Denmark's...
After several years of poor economic performance, one of Denmark's cheapest clothing and shoe retail chains is shutting its doors for good. Tøj & Sko will close all 37 clothing stores and lay off 340 employees, according to the newspaper Berlingske Business. Danske Supermarked, the group that owns Tøj & ...
-
News briefs
E-Land Group said that it plans to list E-Land Fashion...
E-Land Group said that it plans to list E-Land Fashion China Holdings, its Chinese affiliate, on the Hong Kong Stock Exchange by the end of 2013. The Korean retailer, which owns such brands as Mandarina Duck, Coccinelle, Lario and Belfe, said that the listing could generate $1 billion worth of ...
-
News briefs
Dr. Martens is no longer for sale. R. Griggs, which...
Dr. Martens is no longer for sale. R. Griggs, which owns the brand, said that it ended talks after offers failed to reflect what was deemed to be a fair value for the operation. The company had been considering a sale since the beginning of the year, when it hired ...
-
News briefs
The new owners of Erich Rohde have finally decided to...
The new owners of Erich Rohde have finally decided to close down its German shoe factory, located in Schwalmstadt. A total of 120 employees are concerned. Rohde will be transferring its production to another European country, but the exact location has not been announced yet. Product development and final inspection ...
-
News briefs
Brand Park, the company set up by the Turkish shoemaker...
Brand Park, the company set up by the Turkish shoemaker Ziylan to take over the Italian brand Lumberjack, has opened a 1,350-square-meter head office in Milan at Via Morimondo 26. The premises include a 450-square-meter showroom and 900 square meters of office space. The offices were designed by a Turkish ...
-
News briefs
Masai International, the Singapore-based company that has been distributing MBT...
Masai International, the Singapore-based company that has been distributing MBT in Southeast Asia, has acquired the MBT brand and its global assets, but not its debt. Owned by Andy Chaw, described as a wealthy individual, the distributor was named “best in sales and execution” at MBT's international product launch meeting ...
-
News briefs
Birkenstock is moving its U.S. office back to its former...
Birkenstock is moving its U.S. office back to its former 93-acre “campus” in Novato, California. The company has decided not to renew the lease on a building at the former Hamilton Air Force base not far away because it has become too small to accommodate all its staff, which has ...
-
News briefs
Tod's will go ahead with plans to finance the restoration...
Tod's will go ahead with plans to finance the restoration of the Colosseum in Rome, blackened by pollution and affected by vibrations from passing traffic. The $30 million restoration project will begin in December and is expected to last two to three years, during which the monument, one of the ...
-
News briefs
Tod's will give a bonus of gross €1,400 to the...
Tod's will give a bonus of gross €1,400 to the employees in its manufacturing division. It will also cover the costs of health care insurance for employees and their family members if they need a specialist or major surgery, and the expenses for their children's schoolbooks. The Italian fashion conglomerate, ...
-
News briefs
PPR will move to new headquarters in the premises of...
PPR will move to new headquarters in the premises of the former Laennec hospital, in the elegant seventh district of Paris, as reported by Allianz Real Estate, which has rented all of the offices of the “Laennec operation” to the French multinational group. The renovation of the historic landmark, to ...
-
News briefs
Pentland Group has made a sizeable investment, for an undisclosed...
Pentland Group has made a sizeable investment, for an undisclosed amount, in a brand of folding women's ballet pumps, Butterfly Twists. The English brand is sold in 14 countries including the U.S. and France. In its leading market, Japan, it is sold in about 2,000 boutiques. The brand is set ...
