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Spanish brand Munich refinances over 18 million euros of debt

Madrid – Munich, the iconic Barcelona-based footwear brand owned by the Berneda family, appears to have found some initial relief from its difficult financial situation. The company has successfully reached an agreement with its financial creditors. It has reportedly agreed on a new payment schedule for a debt of just over 18 million euros...

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Business

Pandora announces strategic reorganisation and redundancies

Jewellery brand Pandora has confirmed that it is pushing forward with its rebrand with a new strategic reorganisation geared at establishing a consumer-focused business with what it is calling a “strengthened leadership” team in order to support its future growth ambitions. Announced as the “next important step” of its Programme Now initiative,...

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