Footwear

Adidas AG sells Rockport for $280 million

Adidas AG:Sells Rockport shoe brand for $280 million.Is selling it to new entity formed by Berkshire Partners and New Balance and expects sale to be completed later in 2015.

Friday, 23 Jan 2015

Zhejiang Aokang Shoes to participate in joint venture establishment

Zhejiang Aokang Shoes Co Ltd:To participate in establishment of a Wenzhou-based banking joint venture, with Chint Group and Zhejiang Huafon Spandex and other investors.To invest 198 mln yuan to hold 9.9 pct stake in the joint venture.Joint venture to be capitalized at 2 bln yuan.

Thursday, 22 Jan 2015

Alpargatas SA to propose incorporation of its wholly-owned subsidiary

Alpargatas SA:Says it will propose to the shareholders the incorporation of its wholly-owned subsidiary CBS S.A. - Companhia Brasileira de Sandalias.

Thursday, 15 Jan 2015

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