FashionFootwear

Steve Madden Overtakes Dolce Vita

Steve Madden Ltd. announced Thursday that it has purchased the privately held women’s footwear label, Dolce Vita, for $60.3 million in cash. Founded in 2001 by Van Lamprou and Nick Lucio, Dolce Vita has established itself as a fashion-forward footwear brand to wholesale customers, including… Read More

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FashionFootwear

Harrods Opens Luxury Shoe Heaven

Luxury goods emporium, Harrods, opened its 42,000-square-foot women’s footwear floor in London aptly coined Shoe Heaven. The marble drenched, art deco-inspired space designed by the late David Collins—known for his glamorous interiors throughout London’s top hotels—sets a lush stage from more than 100,000 pairs of… Read More

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ActivewearFootwearLabor

Yue Yuen to Improve Worker Benefits

Yue Yuen Industrial Holdings Ltd., the Chinese footwear manufacturer for Nike and Adidas, said it would dedicate $112 million to improve employee benefits. The company, which grappled with one of China’s biggest worker strikes earlier this year, said the provision would have a material impact… Read More

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FootwearRetail

JC Penney to Open First Store in Brooklyn

J.C. Penney will open its first-ever store in Brooklyn, N.Y. on Aug. 29. The 124,000-square-foot store located in the borough’s Gateway Center–home to Target, BJ’s Wholesale Club, Marshalls and more–furthers the retailer’s footprint in the New York City area and marks another milestone in its… Read More

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BusinessFootwearRetail

Authentic Brands Group Buys Footwear Brands from Payless

Authentic Brands Group (ABG) announced Wednesday that it finalized its acquisition of four youth lifestyle, athletic, and skate-inspired footwear brands from Payless Holdings. The purchased brands–Airwalk, Hind, Vision Street Wear and Above The Rim–are assets of Collective Licensing International LLC, Lifestyle Brands Corporation, and Collective Brands Cooperatief U.A.… Read More

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