All Corporations articles – Page 111
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News briefs
Compressport International, a developer of compression garments for triathlon and...
Compressport International, a developer of compression garments for triathlon and ultra-trail running based in Switzerland, has raised €5 million worth of new equity through Calcium Capital. Created in 2008, the company is making an annual turnover of more than €10 million. Its products are distributed in more than 80 countries. ...
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The shareholders of GfK's holding company, the GfK Verein, have...
The shareholders of GfK's holding company, the GfK Verein, have accepted the acquisition of an 18.54 percent stake in the GfK market research company by Acceleratio Capital N.V., a company controlled by funds advised by Kohlberg Kravis Roberts (KKR). The completion of the transaction is still subject to approval by ...
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News briefs
Sport Press, the Italian publishing company, has launched a new...
Sport Press, the Italian publishing company, has launched a new trade magazine for wearable technologies in our sector, Sportech Magazine, accompanied by a dedicated website, a newsletter and a social network. It joins its other magazines: Point Break, Outdoor Magazine, Running Magazine, Bike4Trade and Sport4Trade.
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Andy Gugenheimer, the well-known sporting goods industry expert and head-hunter,...
Andy Gugenheimer, the well-known sporting goods industry expert and head-hunter, has launched a kickstarter campaign for “the most functional travel backpack”
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Short stops
Li & Fung is being dropped out of Hong Kong's...
Li & Fung is being dropped out of Hong Kong's Hang Seng Index due to its falling sales and earnings
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Amer Sports has decided to repurchase up to ten million...
Amer Sports has decided to repurchase up to ten million of its own shares between Feb. 13 and Sept. 7, based on the authorization given by its annual general meeting last March 6
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News briefs
SRAM has announced the discontinuation of the production of all...
SRAM has announced the discontinuation of the production of all internal gear hub (IGH), shifters and spare parts. The announcement was made through a letter addressed by the U.S. component maker to its original equipment manufacturer (OEM) customers on Feb. 14, although SRAM said all larger OEM customers had been ...
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News briefs
Norrøna, the Norwegian outdoor company, has launched an entity focusing...
Norrøna, the Norwegian outdoor company, has launched an entity focusing on innovation, Norrøna Q, to complement its wholesale and retail activities. Norrøna Q primarily consists of a research and development center established at the group's head office in Lysaker, near Oslo. The company explains that the entity is meant to ...
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News briefs
Ben Hogan, the venerable American golf brand, has filed for...
Ben Hogan, the venerable American golf brand, has filed for Chapter 11 bankruptcy. The company says it expects to have enough funds available to pay unsecured creditors. The biggest one is Perry Ellis, based on its licensing contract for apparel and accessories. Perry Ellis bought the brand from Callaway Golf ...
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News briefs
JD Sports Fashion has been prevented from fully moving ahead...
JD Sports Fashion has been prevented from fully moving ahead with the integration of Go Outdoors, the large-scale outdoor retailer it agreed to purchase for £112.3 million (€130.2m-$140.7m) in cash and £16 million in debt last November, due to a review of the acquisition by the U.K.'s competition watchdog, the ...
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News briefs
The Adidas Group has set up a “Storefactory” at a...
The Adidas Group has set up a “Storefactory” at a pop-up store in Berlin, Knit for You, where customers can design their customized merino wool sweater and have it made for them in the store within a few hours. Knit for You takes advantage of technologies such as body scanning ...
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News briefs
Adidas AG has completed the third tranche of a share...
Adidas AG has completed the third tranche of a share buyback program initiated on Nov. 7 and terminated on Jan. 31 as scheduled. The company bought 2,128,200 shares at an average share price of €140.96, for a total price of €299,999,851, including purchasing costs. These treasury shares represent 1.02 percent ...
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News briefs
After its absence from the OutDoor fair in Friedrichshafen last...
After its absence from the OutDoor fair in Friedrichshafen last year, Klättermusen will stay away from Ispo Munich as well, as the Swedish outdoor company is continuing to adjust its strategy. The Klättermusen brand was updated last year and the company went through some management changes, after the appointment of ...
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News briefs
Heiner Oberrauch, president of the Oberalp Group and Salewa, has...
Heiner Oberrauch, president of the Oberalp Group and Salewa, has reportedly decided to help refugees by giving them work in the fields that belong to his family. They will help cultivate organic fruits and vegetables that will be sold locally. He will start with about 20 refugees with the idea ...
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News briefs
Sports Direct International (SDI) has parted ways with its three...
Sports Direct International (SDI) has parted ways with its three brokers and instead appointed Liberum Capital, a relatively small alternative, as its sole corporate broker earlier this week. The three brokers were Goldman Sachs, Citi and Haitong (formerly Espirito Santo). Liberum is one of the few brokerages with a “buy” ...
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News briefs
Marker Dalbello Völkl has embarked on a rebranding exercise, forming...
Marker Dalbello Völkl has embarked on a rebranding exercise, forming the MDV Sports group. The changeover is meant to underscore the ties and the increasingly tight partnership between the three winter sports equipment brands in terms of research, production, sales and marketing. Marker, Dalbello and Völkl will continue to cultivate ...
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News briefs
Jerry Turner is launching Turner Footwear, a collection of performance...
Jerry Turner is launching Turner Footwear, a collection of performance running and workout footwear. Turner, who came out of retirement for the new endeavor, served as president of Brooks in the 1960s and 1970s. While at Brooks, he introduced innovations such as nylon outsoles for cleated products and EVA midsoles ...
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News briefs
Luxottica, parent company of Oakley, Ray-Ban and many other brands...
Luxottica, parent company of Oakley, Ray-Ban and many other brands of sunglasses, has agreed to merge with Essilor, the world's largest supplier of ophthalmic lenses in an all-stock deal that values the Italian company at €22.8 billion. The combined company will have market capitalization of more than €50 billion and ...
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News briefs
Together with the two other footwear brands of the recently...
Together with the two other footwear brands of the recently formed Rockport Group – Aravon and Dunham - Rockport is moving its global corporate headquarters from Canton, Massachusetts to another town in the Greater Boston Area. The new head office of the group is located in West Newton and offers ...
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News briefs
Faraday Bicycles, a supplier of lightweight electric bicycles based in...
Faraday Bicycles, a supplier of lightweight electric bicycles based in San Francisco, was acquired by Pon Holdings as of the start of this year. Faraday was established in 2012 by Adam Vollmer, a former design engineer, who is to remain its managing director, driving the brand's expansion with his team ...
