All Corporations articles – Page 103
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News briefs
W.L. Gore & Associates has opened an 11,000-square-foot R&D center...
W.L. Gore & Associates has opened an 11,000-square-foot R&D center in California's Silicon Valley that will connect it with companies in the aerospace, automotive, digital health, consumer electronics, fabrics, industrial and medical fields. A first project underway consists of funding a local startup, Krenzen, for the development of a digital ...
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News briefs
Felix Neureuther, a professional skier, has plans for when his...
Felix Neureuther, a professional skier, has plans for when his sports career is over. He has reportedly joined ABS Protection as a shareholder. Neureuther will not only be a testimonial for the brand but he will also work on a strategic basis with Stefan Mohr, chief executive of ABS Protection. ...
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News briefs
Puma has announced plans to distribute a one-off dividend of...
Puma has announced plans to distribute a one-off dividend of €12.50 per share for the financial year 2017. The group's administrative board and its managing directors intend to propose the dividend to Puma's annual general meeting on April 12. The group's chief executive, Björn Gulden, said it was fair to ...
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News briefs
Asics Ventures Corporation, an investment subsidiary for Asics, has acquired...
Asics Ventures Corporation, an investment subsidiary for Asics, has acquired an unspecified stake in AI Silk Corporation, a Japanese start-up that develops conductive textiles, to make more comfortable wearable technology. Asics says that many devices gathering the body's data from the skin tend to irritate the wearer over time, but ...
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News briefs
Consilium, an Italian private equity firm, has acquired a majority...
Consilium, an Italian private equity firm, has acquired a majority stake in the River Group through its Consilium Private Equity Fund III fund. The financial terms of the transaction have not been disclosed. Founded in 2000 in Fucecchio, near Florence, River Group is a designer and producer of sneakers for ...
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News briefs
Xendera has announced a capital increase of €1.2 million from...
Xendera has announced a capital increase of €1.2 million from professional investors including Pyrénées Gascogne Développement, Herrikoa, Financière Royer and Toki Eder Conseil. This new round follows an initial fundraising of €435,000 from private investors in June 2016. The company intends to use the new funds to strengthen its market ...
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News briefs
In a new restructuring move, Newell Brands is exploring strategic...
In a new restructuring move, Newell Brands is exploring strategic options for Rawlings, the American team sports brand inherited from Jarden Corp. in 2016, while merging the European operations of Coleman and Marmot Mountain. The latter move is adding fuel to a rumor that the two outdoor brands will somehow ...
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News briefs
In another attempt to boost its women's business, Foot Locker...
In another attempt to boost its women's business, Foot Locker has announced a strategic investment in a Los Angeles-based women's luxury activewear brand, Carbon38, pumping $15 million in Series A funding for a minority stake in the brand. This strategic investment brings the total funding raised by Carbon38 since 2013 ...
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Article
Ispo plans to cooperate with Alibaba
The Alibaba Group and Ispo announced that they are exploring a joint strategic collaboration. As part of this initiative, the 4,000-plus clients of Ispo from all over the world would be given an opportunity to expand their e-commerce operations in China through Alibaba's big B2C marketplace, Tmall. They would benefit ...
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News briefs
Pentland Brands is hiring up to 100 new recruits for...
Pentland Brands is hiring up to 100 new recruits for its offices in Nottingham. The new jobs will cover a diverse range of roles, from marketing and sales to finance and product innovation. As previously reported (SGI Europe – Vol. 28 n° 34,35 of Nov. 15, 2017), Pentland Brands is rationalizing the management of ...
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Article
New partner for Sporthyra
Sporthyra is innovating again. The Swedish sporting goods chain was founded four years ago as a retailer where customers could rent equipment for shorter or longer periods of time. Thanks to this unique concept, the company has managed to break through on the Swedish market despite fierce competition from established ...
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News briefs
The Thule Group has opened a new assembly facility of...
The Thule Group has opened a new assembly facility of 13,500 square meters at Pila, in the western part of Poland, to expand its own production capacities in the Sport & Cargo Carriers category and to handle the manufacture of products that were previously subcontracted in the Active with Kids ...
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News briefs
While benefiting from the recently announced reduction in the U.S....
While benefiting from the recently announced reduction in the U.S. federal corporate tax from 35 percent to 21 percent from now on, Amer Sports will have to take a $13 million charge in 2017 to write down $40 million in deferred tax assets in the U.S. as part of the ...
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News briefs
The large French Vivarte retail group announced on Tuesday that...
The large French Vivarte retail group announced on Tuesday that it has entered exclusive negotiations for the sale of André, the well-known French chain of urban shoe shops that was at the beginning of the group, to Spartoo, one of the two leading French online shoe retailers along with Sarenza. ...
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News briefs
Adidas is joining many other investors in a new $200...
Adidas is joining many other investors in a new $200 million round of financing for Carbon that placed a $1.7 billion valuation on the company, higher than the $1.1 billion valuation of two other public supplier of 3D equipment and software, 3D Systems and Stratasys. Carbon's Digital Light Synthesis technology, ...
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News briefs
Lucas von Cranach, the founder and chief executive of Onefootball,...
Lucas von Cranach, the founder and chief executive of Onefootball, told the Tech Crunch Disrupt Berlin conference earlier this month that the company has raised funds from investors including Adidas. Onefootball is a popular football app that boasts 25 million fans in 200 countries. Tech Crunch reports that Onefootball previously ...
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News briefs
Catrade has taken over the management of R'adys. The company's...
Catrade has taken over the management of R'adys. The company's founder, Adrian Ruhstaller, a specialist in bonded fabrics who performed many different functions, will now concentrate on product development for the Swiss sports apparel manufacturer.
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Short stops
Rapala VMC has been notified that Nordea Funds has raised...
Rapala VMC has been notified that Nordea Funds has raised its stake in the Finnish fishing tackle company to 12.88% from 9.93%
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News briefs
Garmont International announced that Wayne Edy, who distributes its Tactical...
Garmont International announced that Wayne Edy, who distributes its Tactical line in North America, has acquired 25 percent of the Italian company's shares from Veneto Sviluppo, the regional investment fund that joined Prisma 2 in its takeover in 2014. Headed up by Pierangelo Bressan, Prisma 2 is still Garmont's controlling ...
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News briefs
Asics has announced that it will open a new logistics...
Asics has announced that it will open a new logistics center for Southern Europe at the end of 2019. The new facility will be located in Montpellier, in the South of France, not far from the Montpellier Méditerranée airport and Asics France's headquarters in Lattes. The new 38,000-square-meter center will ...
