All Corporate articles – Page 68
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Salvatore Ferragamo has entered the FTSE MIB benchmark index, listing...
Salvatore Ferragamo has entered the FTSE MIB benchmark index, listing the 40 most traded stock classes on the Italian Bourse
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A private equity firm, Searchlight Capital Partners, has become the...
A private equity firm, Searchlight Capital Partners, has become the majority shareholder of Hunter Boot through a capital increase designed to increase the brand's presence in existing markets and to expand in new regions around the world. The former shareholders including Pentland Group, which bought a 49 percent stake in ...
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The RSB Bank, which is owned by the Sabu cooperative...
The RSB Bank, which is owned by the Sabu cooperative of shoe retailers in Germany, is reportedly taking centralized invoicing and settlements for Mirapodo, the virtual shoe store launched by Otto Group in March 2010. The bank started to do a similar service for some suppliers to another German online ...
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Crocs has entered into an amended and restated credit agreement...
Crocs has entered into an amended and restated credit agreement that replaces the existing $30 million asset-backed line of credit set to expire in September 2014 with a five-year, $70 million secured revolving line of credit. Borrowings under the revolving credit facility will bear interest at variable rates, and it ...
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Alipes AB, a Swedish investment company sponsored by Inter Ikea...
Alipes AB, a Swedish investment company sponsored by Inter Ikea and Ikano, has become a shareholder in the shoe retail chain Scorett Footwear. Scorett has 103 stores and an annual turnover of close to SEK 700 million (€77.8m-$101.6m), and is the second-largest shoe retailer in Sweden after Nilson Group. ...
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Wayne Weaver, the 76-year-old chairman and main shareholder of Shoe...
Wayne Weaver, the 76-year-old chairman and main shareholder of Shoe Carnival, is said to be looking at the possible disposal of his shoe retail chain, after selling the Jacksonville Jaguars football team to a Pakistan-born businessman
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Louis Vuitton will invest €6 million in a new factory...
Louis Vuitton will invest €6 million in a new factory in Portugal, at Ponte de Lima, that should start up at the end of 2012
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Groupe Royer of France has confirmed the signature of a...
Groupe Royer of France has confirmed the signature of a licensing agreement for the Spring Court brand, covering Europe, the Middle East and Africa. The license was previously held by Rautureau Apple Shoes.
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Sixty Group, the parent company of Miss Sixty, Energie and...
Sixty Group, the parent company of Miss Sixty, Energie and other fashion brands, is contemplating a further reduction in its staff, possibly outsourcing all product development, pattern making and prototyping to China. Employees of the Italian company have been staging sit-ins in front of the company's head office in Chieti ...
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Little Mary, a French brand of children's shoes created in...
Little Mary, a French brand of children's shoes created in 1974, has been taken over by a new holding company, KidShoes, or KSH, that wants to develop it further and to launch new brands and new licenses. The new group has been set up by Hervé Jailliard, who has ...
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Miuccia Prada and her husband, Patrizio Bertelli, have bought one...
Miuccia Prada and her husband, Patrizio Bertelli, have bought one of the ancient palaces overlooking the Grand Canal in Venice for €40 million from the city's municipality. The palace, called Ca' Corner della Regina, will be used to house a Prada Foundation, featuring numerous works of art.
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Belle International, the big Chinese conglomerate, is working with Hong...
Belle International, the big Chinese conglomerate, is working with Hong Kong Shangduo Leather and Xinxiang Leather Company to open a new tannery in the Suzhou Economic Zone in Jiangsu province. Groundbreaking for the Bailian Shangduo tannery, north of Shanghai, took place on Nov. 21, and once completed the facility should ...
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Brown Shoe Company has announced that it will closing down...
Brown Shoe Company has announced that it will closing down its distribution center in Sun Prairie, Wisconsin, phasing it out starting in January with full closure by April. The activities that take place there will be moved to other locations as Brown Shoe makes an effort to cut down on ...
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Titan Industries has struck a licensing agreement to manufacture shoes...
Titan Industries has struck a licensing agreement to manufacture shoes with the Zadig & Voltaire brand name. The French brand joins a roster that includes Badgley Mischka, Charles Jourdan and L.A.M.B. Zadig & Voltaire previously produced its shoes in-house; now Titan Industries will take over that duty and then sell ...
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Trilantic Capital Partners, a U.S. private equity fund, has acquired...
Trilantic Capital Partners, a U.S. private equity fund, has acquired a substantial stake in Implus Corporation from another fund, AEA Investors, in cooperation with the company's chief executive, Seth Richards, and its president, Todd Vore. The U.S. company markets insoles, shoe care products and other items under numerous brands including ...
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Hamken Oy, a Finnish company that manufactures shoes for the...
Hamken Oy, a Finnish company that manufactures shoes for the famous Pertti Palmroth brand, is reportedly fighting against bankruptcy. Mikko Palmroth, chief executive of Pertti Palmroth Oy, son of its founder and part-owner of Hamken Oy, cites the global economic downturn as a basis for the company's financial problems, but ...
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Tacco Footcare, the German manufacturer of insoles, shoe care products...
Tacco Footcare, the German manufacturer of insoles, shoe care products and orthotics, declared on Oct. 14 that it has gone into insolvency. The companies Pietsch and Fox-Shoecare, both affiliates of Tacco Footcare, are also affected by the group's bankruptcy. Although the order situation has been stable, the companies have experienced ...
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Brown Shoe Company has finalized the sale of its men's...
Brown Shoe Company has finalized the sale of its men's basketball and lifestyle shoe brand, And 1, to Galaxy International for $55 million in cash. Brown Shoe plans to use the proceeds from the deal to pay down debt. The U.S. shoe retail and wholese company acquired And 1 in ...
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The real estate investment company of Bernd Hummel, the German-based...
The real estate investment company of Bernd Hummel, the German-based licensee for the KangaROOS brand based in Pirmasens, has acquired the nearby factory of Biodyn, the German manufacturer of toning shoes that became recently insolvent. The owners of Biodyn, who were previously distributing MBT in Germany, had set up the ...
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A bankruptcy claim filed by local tax authorities against Dale...
A bankruptcy claim filed by local tax authorities against Dale Sko of Norway risks bringing an end to the company's 112 year-old reign as a manufacturer of winter boots and traditional footwear. As reported in NRK, Dale Sko's big financial troubles began last year when the company lost a major ...
