All Corporations articles – Page 112
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Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike &...
Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike & Trekking, The Right Size and other Dutch trade magazines are been published by a new company, 333 Media, following the bankruptcy in November of Maruba Sports & Travel Publishers. The new company was started by Maas van Drie, former owner ...
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Gildan Activewear, the big Canadian-based licensed sportswear company, won the...
Gildan Activewear, the big Canadian-based licensed sportswear company, won the auction for the brand and other assets of American Apparel for $88 million against other bidders. Amazon was considering making a bid, according to the Wall Street Journal, but did not. Gildan is not buying American Apparel's network of 110 ...
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Callaway Golf is taking over Ogio International for $75.5 million...
Callaway Golf is taking over Ogio International for $75.5 million in cash, equal to about 7.6 times projected incremental Ebitda after integration costs. Major synergies are expected in the supply chain and go-to-market strategies with Ogio, a specialist supplier of golf bags and apparel that also sells travel luggage, outdoor ...
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Drapers reports that JD Sports & Fashion has acquired 2Squared...
Drapers reports that JD Sports & Fashion has acquired 2Squared Agency, a sales and distribution company from Manchester. The agency is selling brands such as Havaianas, Mercer, Swims and Diadora in the U.K. The agency was established in 2009 by Martyn Harrison and Neil Corrie, who spent several years with ...
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Short stops
Puma has moved the staff of its Italian office, which...
Puma has moved the staff of its Italian office, which counts about 80 people, to new premises at Assago, near Milan
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Short stops
Le Coq Sportif is moving its Spanish sales office to...
Le Coq Sportif is moving its Spanish sales office to the downtown area of Barcelona
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News briefs
At least five institutional investors are considering bids to the...
At least five institutional investors are considering bids to the takeover of Performance Sports Group (PSG), the parent company of Bauer, Mission and Easton. One of them is a former owner of Bauer, Hohlberg Kreavis Roberts (KKR). The others are Apollo Investment Corp., Bain Capital, TPG Capital and Sycamore Partners. ...
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News briefs
The Australian Financial Review reports that L Capital Asia, a...
The Australian Financial Review reports that L Capital Asia, a private equity arm for the LVMH group, is eying the Tigerlily brand of swimwear owned by Billabong International. L Capital already has stakes in other Australian brands including 2XU, which specializes in compression garments, and Seafolly, another swimwear brand. Billabong ...
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News briefs
Shimano has announced plans to open a new distribution center...
Shimano has announced plans to open a new distribution center near the French city of Lyon to enhance its service to French and Italian customers. It will be Shimano's third European distribution center, along with Nunspeet in the Netherlands and Pozna? in Poland. For the Turkish market, the company operates ...
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News briefs
Reebok has announced that its new home in the city...
Reebok has announced that its new home in the city of Boston will be located at 25 Drydock Avenue, in Boston's Seaport District. In November, the company announced it would move from its current location in Canton, Massachusetts. The new Reebok headquarters will house around 700 employees. The 220,000-square-foot location, ...
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Swink Media, the publisher of Golf Retailing, has announced the...
Swink Media, the publisher of Golf Retailing, has announced the acquisition of Pro Shop Europe from the Mark Allen Group. The amount of the transaction has not been disclosed. Swink Media said that further details on how Pro Shop Europe will complement Golf Retailing will be announced in the coming ...
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News briefs
Fitbit has announced the acquisition of key assets of Pebble,...
Fitbit has announced the acquisition of key assets of Pebble, which is set to close down, It was one of the pioneers in the manufacturing of connected watches. The company has reportedly delivered more than two million units since 2012. Fitbit stated in a press release that it will take ...
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Björn Borg has signed an agreement to acquire Baseline Group,...
Björn Borg has signed an agreement to acquire Baseline Group, the current distributor of Björn Borg products in the Benelux. The Benelux region is the largest market for the Swedish brand, ahead of Sweden, accounting for 26 percent of the total brand sales in 2015. Baseline Group had a turnover ...
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An Italian investment fund, Cassa Depositi e Prestiti, is considering...
An Italian investment fund, Cassa Depositi e Prestiti, is considering the acquisition of a stake in the Tecnica Group through a capital increase, according to the Italian daily Sole 24 Ore. The funds would help the company to reach its objective of generating a double-digit operating margin on a turnover ...
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Li Ning is reportedly building a ski resort of its...
Li Ning is reportedly building a ski resort of its own in the Shanxi province of China. According to a recent report by Bloomberg, China is experiencing a real skiing boom. The country's government is investing heavily in winter sports infrastructures in view of the Winter Olympics in 2022, which ...
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Boa Technology, the company known for its unique closure system,...
Boa Technology, the company known for its unique closure system, has broken ground in the Denver area for the construction of a new 140,000-square-foot office building. Targeting LEED Silver certification, it will have one of the largest private green roofs in the city. The building will house the Boa Fit ...
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René Benko has further increased his control over Signa Holding,...
René Benko has further increased his control over Signa Holding, the real estate company that owns Karstadt and other retail assets. According to Textilwirtschaft, the Benko family's private foundation has taken over the 30.6 percent stake held in Signa Holding by the Falcon Private Bank of Zurich. The family thus ...
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News briefs
A court has approved the terms of an auction of...
A court has approved the terms of an auction of the assets of Performance Sports Group (PSG), the parent company of Bauer and other brands. Investors are invited to bid against a stalking horse proposal by Sagard Capital to take over the company for $575 million. The bids are due ...
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News briefs
GoPro has announced a reorganization program that will involve the...
GoPro has announced a reorganization program that will involve the elimination of about 200 jobs, or 15 percent of its staff, and the closing of its entertainment division, in a bid to reduce operating expenses by $650 million and return to profitability in 2017. The entertainment division was supposed to ...
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News briefs
Hero Cycles, the Indian bicycle maker, has announced plans to...
Hero Cycles, the Indian bicycle maker, has announced plans to set up a global design center in Europe. The new state-of-the-art design center will be located in Manchester, U.K. The center, which is expected to start operations in the first quarter of 2017, will focus on innovation and design to ...
