Cortefiel SA

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SPAIN: Cortefiel consolidates production facilities | 8 Jun 06

Spanish textiles group Cortefiel is outsource production and focus on clothing retail following a decision by its new owners, private equity firms PAI, CVC and Permira.

SPAIN: Cortefiel axes 172 workers from Malaga factory | 28 Apr 06

Fashion group Cortefiel said it will lay off 172 workers from its Confecciones del Sur factory in Malaga, Southern Spain.

SPAIN: Cortefiel to sell off 32 assets | 15 Mar 06

Fashion company Cortefiel is selling off 32 of its main non-strategic assets for an expected gain of EUR250m (US$301.16m).

SPAIN: Cortefiel signs Greek distribution deal | 17 Feb 06

Fashion firm Cortefiel has signed a deal with Elmec Sport for the latter’s import and distribution in Greece of Women'Secret-branded underwear and accessories.

SPAIN: Cortefiel delisting given go-ahead | 16 Feb 06

Spanish stock market regulator CNMV has approved fashion group Cortefiel’s delisting from the stock market, Expansion reported.

SPAIN: Cortefiel to shut Malaga factory, dismiss 230 workers | 24 Jan 06

A year after it closed its Madrid factory cutting 150 jobs, Cortefiel intends to dismiss at least 230 workers from its Confecciones del Sur factory in Malaga, Southern Spain to end costly apparel production there, just-style was told on Tuesday.

PORTUGAL: Cortefiel opens 5 new stores | 12 Jan 06

Spain-based fashion business Cortefiel has opened five new stores in Portugal.

SPAIN: New Loewe president, chief exec announced | 9 Jan 06

Luxury goods company LVMH has named Alberto Puyol Pineda as president and chief executive of its Spain-based leather goods business, Loewe.

SPAIN: Cortefiel to have over 2,000 doors by 2010 – unions | 21 Dec 05

Spanish fashion chain Cortefiel is to open over 1,000 new doors by 2010, elevating its store count to roughly 2,200 points of sale, trade union officials have confirmed to

SPAIN: Loewe names Albert Pujol exec president - report | 29 Nov 05

LVMH-owned Spanish fashion and luxury-goods maker Loewe has named Albert Pujol executive president replacing Fabien Debaecker, Spanish newspaper Expansion reported Monday.

SPAIN: Cortefiel mulling launch of Springfield Women? | 23 Nov 05

Spanish fashion chain Cortefiel is considering launching Springfield Women to gain scale against archrivals Zara, Mango, Sfera and H&M, Spanish newspaper Cinco Dias reported.

SPAIN: BCBG Max Azria Snaps Up Retailer Don Algodon | 21 Nov 05

US fashion group BCBG Max Azria has bought Madrid-based women’s prêt-a-porter retailer Don Algodon to expand in Spain’s fast-growing apparel market.

SPAIN: Cortefiel H1 Strong On Chinese Imports | 2 Nov 05

Fashion retailer Cortefiel has reported a 97.6 per cent jump in first-half net profit to €32.2 million, helped by increased access to the Chinese market.

SPAIN: Cortefiel Property To Be Sold Off? | 13 Oct 05

Private equity companies CVC, PAI and Permira are planning to sell of the property assets of textiles and clothing group Cortefiel, according to media reports.

SPAIN: Cortefiel Pulls Out Of China Ting Deal | 9 Sep 05

Spanish fashion group Cortefiel, which was this week taken over by private equity firms, has withdrawn its contract with China Ting Group for its Springfield men's wear brand, the El Pais newspaper reported.

SPAIN: Cortefiel Sale Deal Finalised? | 8 Sep 05

Private equity companies PAI and Permira and venture capital firm CVC have secured the necessary 74 per cent shareholder acceptance they need to buy Spanish fashion business Cortefiel, according to a source cited by Reuters.

SPAIN: Cortefiel Takeover Bid Deadline Nears | 5 Sep 05

A bid from CVC Capital Partners/Permira and PAI Partners for fashion company Cortefiel reaches its deadline on Wednesday, according to media reports.

SPAIN: Cortefiel Opens In Moroccan City | 12 Aug 05

Spanish apparel brand Women’Secret has opened its first franchise point of sale in Casablanca, Morocco’s industrial and economic capital.

SPAIN: Cortefiel Plans Portuguese Expansion | 25 Jul 05

Spanish fashion retailer Cortefiel plans to expand its presence on the Portuguese market with 15 new stores in the 2005/06 period, according to an official source cited by Portuguese News Digest.

SPAIN: Cortefiel Bidders Reach Acquisition Deal - Sources | 22 Jul 05

Retail operator Cortefiel SA’s bidders have reached an agreement to jointly acquire the business, according to sources cited by media reports.

SPAIN: Cortefiel Chairman To Quit After Takeover | 14 Jul 05

Gonzalo Hinojosa, chairman of retailer Cortefiel, plans to quit the business soon after it has been acquired, it was reported today.

SPAIN: Cortefiel Rejects MEP Retail Bid | 12 Jul 05

Spanish clothing retailer Cortefiel SA has turned down MEP Retail Espana SL Unipersonal's €18.40 per share bid for the company, as board members holding 55.74 per cent of the company have already given the go-ahead to the rival bid of €17.9 per share from Coral Retail Industries.

SPAIN: CNMV Sets Deadline For Cortefiel Bids | 11 Jul 05

Stockmarket regulator CNMV has given bidders for clothing retailer Cortefiel SA a 15 July deadline for them to improve their offers.

SPAIN: CNMV Sets Acceptance Period For Cortefiel Bid | 7 Jul 05

Spanish market regulator the CNMV has set between 7 and July and 8 August as the acceptance period for PAI Partners and Permira’s bid for clothing retailer Cortefiel.

SPAIN: Battle Rages On For Cortefiel | 6 Jul 05

Spain's Stock Market watchdog CNMV has approved PAI and Permira's combined €1.43 billion bid for Cortefiel, boosting the stakes in the takeover war for the Spanish fashion retailer.

BELGIUM: EU Clears CVC's Purchase Of Cortefiel | 1 Jul 05

The European Union Commission has given its approval for UK private equity company CVC Capital Partners Ltd to purchase Spanish fashion retailer Cortefiel SA.

ITALY: Boggi Milano To Expand Into Japan | 28 Jun 05

Italian apparel retailer Boggi Milano, which operates the Brian & Barry store chain, is planning to enter the Japanese market with two local business partners.

SPAIN: PAI, Permira Launch Cortefiel Bid | 21 Jun 05

PAI Partners and Permira Advisers Ltd have launched a €18.40-per-share bid for Spanish retailer group Cortefiel SA.

ITALY: Falc To Make Moschino Men's Shoe Line | 20 Jun 05

Footwear producer Falc will make the men’s shoe collection of fashion house Moschino under an exclusive three-year agreement.

SPAIN: Cortefiel Posts Provisional Profit Rise | 17 Jun 05

Spanish retailer Cortefiel SA’s provisional first-quarter net profit rose to €16.9 million from €9.7m in the same period last year, Spanish GAAP reported.





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