Articles about shoes

Bain Capital to acquire 50% stake in TOMS

Private equity firm Bain Capital LLC will acquire a 50 per cent stake in TOMS Shoes Inc, according to a report by Reuters, valuing the casual shoe company at around USD 625 million including debt.

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Dr Martens moves chief up to chairman

UK shoe designer Dr Martens has just taken on the European head of competitor footwear brand Deckers Outdoors as its new chief executive.

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Harrods launches ultra-luxury shoe space

UK luxury powerhouse Harrods is due to unveil an enormous new project this week, a luxury shoe space which will cover 42,000-square-feet.

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Crocs are forced to lay off 180 employees

US footwear brand Crocs – known for their colourful plastic clogs, have just been forced to close over 100 stores globally, after experiencing a large profit drop of 44 per cent in three months.

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Brazillian brand Melissa to open in UK

A new permanent store is set to open in London: Brazillian shoe company Melissa.

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H&M enjoys strong spring sales

It was reported in BBC news that H&M have admitted to a “good start” to the year financially, and that their spring collections have been “well received” leading to a strong second quarter with a 20% increase in sales.

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Office suffers website security breach

Office is advising its customers to update their passwords after its e-commerce website suffered a security breach which compromised customer data.

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Clarks puts best foot forward with £1.54bn annual revenue

The British shoe retailer has posted £1.54 billion in revenues for the year to the end of January, up 5.5 per cent on the previous year. Pre-tax profits also rose 5.5 per cent to £119.8 million.

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Shoe Zone to float on the London Stock Exchange

The initial public offering (IPO) is expected to raise up to £50 million and value the discount accessories retailer at around £100 million.

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Valentino opens first men's-only flagship in Paris
Photo credit: Valentino

Luxury Roman fashion house Valentino has opened a men’s-only flagship store in Paris. The 4,300 sq ft store is Valentino’s first store to accommodate men’s fashion exclusively, and is part of the retailer’s pledge to grow the menswear arm of the business. The flagship will feature a new made-to-measure service, allowing customers to order bespoke suits, peacoats, shoes and jeans.

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