Foot Locker, Inc. has made a $2 million investment in Pensole Inc., allowing the footwear company and its vendor partners to foster new talent and gain early access to collaborative design and new manufacturing talent.
Dutch footwear retailer Leemans Schoenen has filed for bankruptcy. The 124-year old family business, which operates 20 stores and an online store, will remain open while the retailer explores a relaunch.
The importance of retail at railway stations in the UK came into even sharper focus over the festive period as key train stations saw rising product retail sales, despite the weak trading conditions during the period.
South African retailer International Holdings N.V. said on Tuesday a former partner firm of its European operations claims it is owed about 291 million euros (£256.62 million or $331 million) by the company.