World Footwear

Investment

Indonesia wants to stimulate the manufacturing activity

Oct 8, 2019 / Indonesia
The local Government and the Bank Indonesia have agreed six strategic measures to accelerate manufacturing industry strengthening efforts

Farfetch sued for allegedly misleading shareholders

Sep 25, 2019 / United States
The online luxury fashion retail platform is at the centre of a multiple lawsuit over allegation of misleading shareholders in its Initial Public Offering (IPO)

Cole Haan prepares for IPO

Aug 28, 2019 / United States
The company was acquired in 2013 by private equity firm Apax Partners from Nike. Now comes the confirmation that Cole Haan it’s preparing for an initial public offering

Indian Leather industry looking for partnerships in Uganda

Jul 29, 2019 / Uganda
A delegation of businessmen from the manufacturing leather industry in India are participating in a trade mission to the African country. CLE is leading the initiative

Nike considers sale of Hurley brand

Jul 26, 2019 / United States
One of the word's largest sportswear is exploring options for surf wear brand Hurley, part of its portfolio since 2002. Sale is amongst the options

Manolo Blahnik buys footwear manufacturer

Jul 24, 2019 / Spain
Luxury footwear designer Manolo Blahnik bought Calzaturificio Re Marcello, founded in 1938 and located in Vigevano (province of Pavia). The company has been manufacturing shoes for Manolo Blahnik since 1990

Belle to spin off sportswear business

Jul 18, 2019 / China
Chinese footwear manufacturer and retailer Belle International has filed papers for a public listing of its sportswear business Topsports International. The deal could amount to 1 billion US dollars

Dubai-based property developer acquires Roberto Cavalli

Jul 17, 2019 / United Arab Emirates
Investment company Vision Investment Co. LCC, owned by Hussain Sajwani, founder of Damac Properties Group, has signed a binding agreement to obtain 100% of Roberto Cavalli S.p.A

Chanel acquires stake in Italian tannery

Jul 16, 2019 / Italy
The French luxury brand took another step in its strategy to reinforce its production process by acquiring a stake in Conceria Samanta, an Italian tannery company specialized in printed leathers, which has been its supplier for several years

Deichmann announces UK expansion

Jul 3, 2019 / United Kingdom
The Germany-based retailer has announced plans to expand its UK store portfolio. Last year the brand has opened 9 stores in that country bringing its network of stores in the UK to 102

Asics Ventures takes stake in Curv Labs

Jul 1, 2019 / Canada
Asics announced that its investment subsidiary has taken an equity stake in Curv Labs, a Canadian startup that has developed software to capture motion

Hermès to expand site in Saint Junien

Jun 21, 2019 / France
The luxury group continues to invest in France, by expanding its facilities and creating new job opportunities

Tamara Mellon raises funding for brand's expansion

Jun 20, 2019 / United States
The co-founder of the Jimmy Choo brand has managed to secure funding to expand her namesake brand. Tamara Mellon raised 50 million US dollars for the expansion of the brand

Facebook reveals its Libra cryptocurrency

Jun 19, 2019 / Innovation
Libra was announced as a low-volatility cryptocurrency, powered by a smart contract platform that’s designed to be secure, scalable, and reliable. The cryptocurrency is governed by non-profit Libra Association based in Geneva

Bata to invest in Colombia

Jun 17, 2019 / Colombia
The total investment should amount to 5 million US dollars. Bata is aiming to open new stores and renew the e-commerce platform
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