Investment

Tamil Nadu ensures investment of 28.508 crores

Aug 4, 2021 / India

The local government of the southern Indian state announced an overall investment commitment of 28.508 crores in 49 projects involving companies from various sectors. Footwear is included. The initiative is expected to generate 83.482 job opportunities

Companies Footwear India Investment

Nordstrom acquires minority stake in Asos brands

Jul 12, 2021 / United States

Asos has formed a joint-venture with US-based multi-channel retailer Nordstrom, which will invest for a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands

Asos Companies Fashion Footwear Investment Nordstrom United States

Richemont acquires Delvaux

Jul 5, 2021 / Switzerland

The Switzerland-based luxury goods holding company announced it has acquired 100% of Delvaux, the renowned Belgian luxury leather goods Maison, in a private transaction

Accessories Acquisitions Companies Investment Leather goods Luxury Switzerland

LVMH acquires 100% of Emilio Pucci

Jun 24, 2021 / France

The luxury giant, which since 2000 owns 67% of the historic fashion house founded in Florence in 1947, will now take full control of Emilio Pucci as it acquired the remainder shares

Acquisitions Brands Companies France Investment LVMH Shoes

Shoe Carnival announces two-for-one stock split

Jun 22, 2021 / United States

The US-based retailer of footwear and accessories announced that its Board of Directors has authorized a two-for-one stock split of the company's common stock

Confidence Footwear Investment Retail Shoe Carnival Shoes United States

Portuguese footwear industry focus on own brands

Jun 16, 2021 / Portugal

The investment in own brands is a major focus for the Portuguese footwear industry. According to data from the Industrial Property Support Office (GAPI) of the Portuguese Footwear Technological Centre, 272 new footwear brands have been created in Portugal since 2010

Brands Companies Footwear Investment Portugal Portuguese Shoes Shoes

JD Sports is selling Sports Unlimited Retail

Jun 4, 2021 / United Kingdom

The British sports-fashion retail company is selling Sports Unlimited Retail to Iberian Sports Retail Group, its 50.02% owned subsidiary based in Spain. The deal should amount to 14 million British pounds (roughly 16.5 million euros)

Acquisitions Companies Footwear Investment JD Sports Shoes Spain United Kingdom

Steve Madden acquires remaining share of European joint venture

Apr 19, 2021 / United States

The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced that it has completed the acquisition of the 49.9% share that it did not already own of its European joint venture

Brands Companies Footwear Investment Retail Shoes Steve Madden United States

Zalando aims for 10% of Europe’s fashion market

Mar 24, 2021 / Germany

After what they called a strong financial year, the ecommerce giant significantly upgraded its growth ambitions and now aims to grow Gross Merchandise Volume (GMV) to more than 30 billion euros by 2025. Zalando are aiming for 10% of the European fashion market in the long-term

Brands Companies ecommerce Europe Fashion Germany Investment Results Sales Shoes Zalando

Manufacturing in Pirmasens is ending for Peter Kaiser

Mar 19, 2021 / Germany

New investors were announced for Peter Kaiser. In addition to the current CEO Stefan Frank, a couple of investors join the business: Hans-Joachim and Gisa Sander (husband and wife), founders of cosmetics company Wella. Pirmasens production line to shut down

Brands Companies Footwear Germany Investment Manufacturing Retail Shoes

Inditex invests 130 million euros in new headquarters for Zara

Mar 12, 2021 / Spain

The Spanish-based fashion group will inaugurate a new building at its headquarters in Arteixo (A Coruña). The new facilities will be home to the Zara.com studios and to Zara Man’s central design office, after a 130 million euros investment

Companies Footwear Investment Retail Spain

Vestiaire Collective: financing round backed by Kering and Tiger Global Management

Mar 10, 2021 / France

The second-hand fashion platform announced the completion of a new 178 million euros financing round, backed by global French luxury group Kering and US investment firm Tiger Global Management

Brands Companies Fashion Footwear France Investment Italy Kering Luxury Pre-Owned Second-hand United States

adidas to sell Reebok and focus on core brand

Feb 17, 2021 / Germany

As part of the development of its new five-year strategy, the Germany-based group has concluded its assessment of strategic alternatives for Reebok. As a result of the review, adidas has decided to begin a formal process aimed at divesting Reebok

adidas Brands Companies Germany Investment Reebok Shoes Sneakers Sportswear

Ara Portugal celebrates 46 years

Dec 22, 2020 / Portugal

This December, Ara Shoes Portugal is celebrating 46 years. Established in the country in 1974, the German group, was one of the first multinationals in the footwear sector to invest in Portugal

Brands Companies Footwear Germany Investment Portugal Retail Shoes

Dr. Martens could launch IPO soon

Nov 27, 2020 / United Kingdom

The British-based footwear brand known for its iconic boots has reportedly appointed Goldman Sachs and Morgan Stanley to lead its initial public offering (IPO)

Acquisitions Brands Companies Dr. Martens Footwear Investment United Kingdom

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