Footwear entity The Rockport Group announced CB Marathon Opco, LLC an affiliate of Charlesbank Equity Fund IX, purchased its assets in a voluntary Chapter 11 bankruptcy filing today that allows Rockport to continue ops.
Germany's Beiersdorf, the maker of Nivea skin care products, said on Monday it had agreed a strategic cooperation with NetEase Kaola, a unit of Chinese video games publisher NetEase focused on cross-border e-commerce.
Burberry has announced a “strategic investment” in leathergoods as it moves from a mainly apparel focus to grow its accessories business, buying a luxury leathergoods firm from longstanding Italian partner CF&P.
Strategy changes at Paul Smith are helping to transform the company's fortunes after six tough years. Founder Sir Paul Smith sales orders for the new season are up in double-digits and womenswear sales are surging.
As the maternity apparel company’s annual meeting approaches, dissident stockholders led by George Miller have contested Institutional Stockholder Services’ recommendation to vote against their Board nominees.