All Corporate articles – Page 66
-
News briefs
Heelys is closing down its European office in Belgium and...
Heelys is closing down its European office in Belgium and transferring most of the business to its French and German offices. Finance will be handled directly from the U.S. In the fourth quarter ended Dec. 31, the American brand of wheeled footwear reduced its operating losses by 41 percent and ...
-
News briefs
SABU and Intersport Deutschland, which own RSB Retail+Service Bank, have...
SABU and Intersport Deutschland, which own RSB Retail+Service Bank, have decided to raise its share capital by €4 million to €12 million. They say the move is intended to cope with an increased volume of centralized settlements and rising demand for credit from their affiliated shoe, sports and apparel retailers. ...
-
Short stops
E-Land has taken over the balance of the shares...
E-Land has taken over the balance of the shares that it did not own yet in Coccinelle, the Italian producer of handbags that recently licensed Manas for shoes
-
Short stops
Qatar Holding, whose assets include the Harrods department store in...
Qatar Holding, whose assets include the Harrods department store in London, has acquired 1.03% of the shares in LVMH
-
Short stops
Hermès is negotiating the acquisition of a Swiss watchmaker, Natéber...
Hermès is negotiating the acquisition of a Swiss watchmaker, Natéber
-
News briefs
Sixty Group, which sells jeans, shoes and other products under...
Sixty Group, which sells jeans, shoes and other products under various brand names including Miss Sixty, Killah and Energie, has a new business plan that involves the elimination of 183 jobs in Italy in order to bring the company back to a profit by 2015. The company wants to reorganize ...
-
News briefs
Some unnamed investment funds are studying the possible takeover of...
Some unnamed investment funds are studying the possible takeover of the shoe retail operations of Vivarte – trading under banners such as André, Besson, Beryl, Cosmos, La Halle aux Chaussures, Minelli and San Marina – according to a French textile magazine, Journal du Textile. The shoe retailing division of the ...
-
News briefs
New unnamed investors have taken over Tacco Footcare, the German...
New unnamed investors have taken over Tacco Footcare, the German shoe care company, putting an end to its financial problems. A new company, called Tacco Footcare International and employing around 100 people, is carrying on the business under the management of Wolf-Rüdiger Pietsch. It will remain based at Oerlinghausen. Tacco ...
-
News briefs
Keen has bought a building in Portland, Oregon, that it...
Keen has bought a building in Portland, Oregon, that it plans to turn into its new headquarters. The new space has a total of 50,000 square feet on five floors. The ground floor comprises 6,000 square feet of retail space, and the upper four floors each offer 10,000 square feet ...
-
News briefs
Shoon Limited, the family-owned British shoe and apparel retailer, has...
Shoon Limited, the family-owned British shoe and apparel retailer, has gone into administration, close on the heels of the previously reported bankruptcy of Barratts Priceless. Schoon, which had the distribution of Ecco shoes in the U.K. for a while many years ago, was reportedly unable to dispose of some of ...
-
News briefs
Alberta Investment Management Corporation has partnered with Callisto Capital to...
Alberta Investment Management Corporation has partnered with Callisto Capital to acquire a controlling interest in Town Shoes Limited, Canada's leading branded specialty footwear retailer. Town Shoes' founding Simpson family will retain a significant continuing interest in the company, and Alan Simpson and the current management team will continue to run Town. ...
-
News briefs
The Jones Group is serious about becoming a global fashion...
The Jones Group is serious about becoming a global fashion company, setting up its own fashion office with its own leadership. Wendy Hirschberg Clurman is the vice president and fashion director for Jones New York; Amanda Ross is the consulting fashion director of Anne Klein; and Danielle de Marne is ...
-
Short stops
Roberto Botticelli has opened a new showroom of 500 m²...
Roberto Botticelli has opened a new showroom of 500 m² at Via Senato 47 in Milan
-
News briefs
Lloyd Shoes is setting up a new and modern logistic...
Lloyd Shoes is setting up a new and modern logistic center at its headquarters in Sulingen. The automated warehouse will have a capacity for 50,000 cartons. The complex is being installed by an Austrian company, TGW Logistics.
-
News briefs
Following a similar strategy, Indian shoe companies are looking for...
Following a similar strategy, Indian shoe companies are looking for Western brands of leather, footwear or leathergoods to acquire, as well as tanneries. That's what Rafeeque Ahmed, chairman of India's Council for Leather Exports, said at a press conference during the recent India International Leather Fair in Chennai. He said ...
-
News briefs
The German shoe manufacturer Peter Kaiser is closing down a...
The German shoe manufacturer Peter Kaiser is closing down a part of its production in Pirmasens, Germany. In order to maintain the company's competitiveness, Peter Kaiser sees the need to relocate parts of its production to its own factory in Portugal. In a first step, the company will be cutting ...
-
News briefs
Cesare Paciotti is studying the possibility of opening up its...
Cesare Paciotti is studying the possibility of opening up its capital to private equity funds to finance its international expansion. The group has annual revenues of around €150 million, of which 60 percent is achieved in Italy and 40 percent abroad. Paciotti aims to invert the percentage over the next ...
-
News briefs
Repetto has inaugurated a training center in view of the...
Repetto has inaugurated a training center in view of the recruitment of 150 more skilled workers in the next four years to respond to the growing demand for its ballerinas. The French shoemaker, which already employs 170 people at its factory in the Dordogne region, plans in fact to double ...
-
News briefs
An investment fund called DST Global has taken over a...
An investment fund called DST Global has taken over a 4 percent share in the German online retailer Zalando. The investor specializes in e-commerce and holds shares in Facebook, Zygna, Groupon, Twitter, 360Buy and Alibaba. Zalando is not searching for any new investors for the moment. The company is active ...
-
News briefs
Steve Madden is buying its Canadian licensee, SM Canada. The...
Steve Madden is buying its Canadian licensee, SM Canada. The privately owned company is the umbrella for Steve Madden Canada, Steve Madden Retail Canada, Pasa Agency and Gelati Imports. SM Canada has seven retail stores in the country and also markets the brand's products in the wholesale channel. The purchase ...
