All Corporate articles – Page 72
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Brown Shoe Company has completed the private placement of $200...
Brown Shoe Company has completed the private placement of $200 million worth of senior notes with annual interest of 7 1/8 percent, maturing in 2019, or $50 million more than had been previously announced. The U.S. company wanted to raise the funds in part to redeem $150 million worth of ...
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Groupe Royer and an unidentified leathergoods producer are said to...
Groupe Royer and an unidentified leathergoods producer are said to have presented a proposal for the takeover of Luxat, the French shoe manufacturer that bought Pare Gabia a few years ago and recently went into bankruptcy proceedings
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Sources have told Dow Jones Newswires that Jones Group, the...
Sources have told Dow Jones Newswires that Jones Group, the owner of Nine West, is making a play for Jimmy Choo. TowerBrook Capital is the owner of Jimmy Choo, and is currently looking for a buyer. Other companies interested in the luxury shoe brand include TPG, an American buyout firm, ...
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The Italian footwear company Zeis Excelsa has taken over the...
The Italian footwear company Zeis Excelsa has taken over the apparel manufacturing activities of the Dirk Bikkembergs group located in the Italian town of Fossombrone. The transaction was carried out by Karma, a wholly owned unit of Zeis, which will rent the facility. A separate company, Karma Apparel, bought the ...
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Tata International, one of the biggest exporters of leather and...
Tata International, one of the biggest exporters of leather and shoes in India, is setting up a tannery and leathergoods production facility in Ethiopia, its first such facility outside India
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India has been chosen by Vulcabras as the country where...
India has been chosen by Vulcabras as the country where it will make uppers for its athletic footwear. The Brazilian company has announced an agreement in principle to acquire a production unit for this purpose in Chennai that currently employs around 1,000 people. The plan is to invest $50 million ...
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Shoe Carnival, the American shoe retail chain, has shut down...
Shoe Carnival, the American shoe retail chain, has shut down its distribution center near Evansville, Indiana, because of roof damage due to storms and strong winds
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Labelux Group, which took over Bally a few years ago,...
Labelux Group, which took over Bally a few years ago, has signed an agreement in principle for the acquisition of Clothing Company, an Italian firm that owns the well-known Belstaff brand name
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Brown Shoe Company intends to offer $150 million in senior...
Brown Shoe Company intends to offer $150 million in senior notes due in 2019 in a private placement. The company will use the proceeds from the offering to purchase outstanding $150 million of its 8 3/4 percent senior notes due 2012.
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Titan Industries is going to relocate its production to Spain....
Titan Industries is going to relocate its production to Spain. At the moment, the company works together with a production partner in China. Due to increasing prices and the need to place orders earlier, Titan Industries plans to work together with a production partner in Spain from autumn 2011. The ...
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Kari Sigerson and Miranda Morrison, the founders of Sigerson Morrison,...
Kari Sigerson and Miranda Morrison, the founders of Sigerson Morrison, have left their parent company, Marc Fisher Footwear, and intend to look for new opportunities in fashion and footwear. In the meantime, Marc Fisher is planning to revamp the brand – which includes the Belle by Sigerson Morrison line – ...
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Salvatore Ferragamo is moving its head office in Milan to...
Salvatore Ferragamo is moving its head office in Milan to a 2,000-square-meter space on the sixth and seventh floors of the building on Corso Matteotti that hosts an Abercombie & Fitch store
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Main Group is moving from its factory in Padua to...
Main Group is moving from its factory in Padua to a modern new complex at Santa Maria di Sala, near Venice
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Jimmy Choo, the Malaysian shoe designer, is reported to be...
Jimmy Choo, the Malaysian shoe designer, is reported to be among the candidates for the acquisition of the eponymous brand, currently owned by Tamara Mellon and a British investment fund
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Macintosh Retail Group has announced its intention to sell two...
Macintosh Retail Group has announced its intention to sell two telecommunication subsidiaries, BelCompany and telefoonkopen.nl, to Vodafone for €120 million. The net proceeds of the transaction will be between €85 million and €90 million. That will be reinvested in the group's fashion and living division, which includes Brantano, Scapino, Jones ...
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Because of limitations in distribution agreements with its partners, Zappos...
Because of limitations in distribution agreements with its partners, Zappos will no longer ship its product to Canada. A note from the chief financial officer and chief operation officer, Chris Nielsen, that was posted on the company's Canadian website also noted that it wanted to avoid hassles with shipping such ...
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A few months after opening a web store in the...
A few months after opening a web store in the Netherlands, Zalando, the big and growing German e-commerce retailer, has launched an Italian site, www.zalando.it. The online shop carries more than 600 brands and 40,000 products between shoes, apparel, bags and accessories. The Italian site is managed from Berlin.
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R.G. Barry is paying about $33.8 million to buy Baggallini,...
R.G. Barry is paying about $33.8 million to buy Baggallini, an Oregon company that develops and markets handbags and travel accessories. This is R.G. Barry's second step toward diversifying into bags and foot care; in January it bought Foot Petals. Baggallini is expected to be immediately accretive to earnings. Its ...
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Lanxess will invest about €30 million in a new plant...
Lanxess will invest about €30 million in a new plant for leather chemicals at the Changzhou Yangtze Riverside Industrial Park. The investment will be the largest single investment by the leather chemicals business unit of the German company in China to date. The facility will have an annual capacity of ...
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21 Investimenti, an investment company established in 1992 by Alessandro...
21 Investimenti, an investment company established in 1992 by Alessandro Benetton, son of Luciano Benetton, is close to an agreement to take over one of the two Italian chains trading as Pittarello with the symbol of an elephant, according to the Italian daily Il Sole 24 Ore. The chain has ...
