All Corporations articles – Page 119
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Volcom, which belongs to Kering's Sport & Lifestyle segment since...
Volcom, which belongs to Kering's Sport & Lifestyle segment since 2011, has sold Electric through a management buyout to a group led by the brand's chief executive, Eric Crane. The asset deal became effective on March 16. In reporting its 2015 results, Kering said that Electric's sales declined due to ...
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Acting through a German bank, Landesbank Hessen-Thüringen, Amer Sports has...
Acting through a German bank, Landesbank Hessen-Thüringen, Amer Sports has issued €100 million in loan agreements with both fixed and floating tranches and lending periods of five and seven years. Like those that the company had already issued a few years ago, these so-called Schuldschein loans are certificates of indebtedness, ...
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Erima has budgeted investments of around €25 million to build...
Erima has budgeted investments of around €25 million to build a new head office and logistic center due to go onstream in the second half of 2017, occupying about 19,000 square meters at Kirchentellinsfurt near Tübingen. Called the Home of Teamsport, it will be located 10 km away from the ...
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Compass Diversified (Codi) has filed for a further reduction in...
Compass Diversified (Codi) has filed for a further reduction in its stake in Fox Factory from 40.8% to 33.1%
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Ardian, an independent French private investment firm, has divested its...
Ardian, an independent French private investment firm, has divested its stake in Netquattro, the company behind Fitness Boutique. This network of 72 stores specializes in fitness equipment and nutrition, in France and several other countries, from Spain to Italy, Belgium, Switzerland and Portugal. The stake was divested early last month ...
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GoPro has completed the acquisition of Replay and Slice, two...
GoPro has completed the acquisition of Replay and Slice, two mobile video editing apps. Merging Replay and Splice into GoPro's mobile strategy will allow GoPro to deliver improved mobile editing solutions. Splice, developed by Vemory in Austin, Texas, is a mobile editor that allows users to create customized edits with ...
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Amer Sports has completed its $50 million acquisition of Enve...
Amer Sports has completed its $50 million acquisition of Enve Composites, the fast-growing brand of high-end bike components
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Iconix Brand Group has obtained a loan of $300 million...
Iconix Brand Group has obtained a loan of $300 million from the Fortress Investment Group. While it will cost $9 million in annual interest expenses, the five-year loan sent the stock market capitalization by 17 percent for the financially distressed parent company of Umbro and many other brands. The news ...
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Thule Group says the number of shares and votes in...
Thule Group says the number of shares and votes in the company has risen to 1,036,455 following the exercise of warrants
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Technogym confirms through a company executive that it has filed...
Technogym confirms through a company executive that it has filed the documentation to go public on the Milan stock exchange in order to promote its international expansion. According to the Italian media, the Italian company raised its operating profit before amortization (Ebitda) by 40 percent last year to €86.7 million ...
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Stella International Holdings is closing its large factory in Dongguan,...
Stella International Holdings is closing its large factory in Dongguan, which employs some 10,000 workers, at the end of this month, due to rising labor costs. The plant has been making mainly women's shoes for brands like Prada, Rockport and Nike. The Chinese producer will move most of the production ...
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Sympatex Holding is changing its name this month to Smart...
Sympatex Holding is changing its name this month to Smart Solutions Holding – albeit only at the level of the holding company. Its two subsidiaries, Sympatex and Ploucquet subsidiaries, will continue to operate under those names. The group said in a press release that the change of name was meant ...
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Asics Corp. has joined the industry-wide connected fitness movement by...
Asics Corp. has joined the industry-wide connected fitness movement by acquiring FitnessKeeper, a company in Boston that owns Runkeeper, a popular GPS-based running app. The takeover should allow the brand to obtain data that will help to guide its marketing activities. FitnessKeeper was founded in 2008 and its app is ...
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The Rossignol group has completed the planned acquisition of Time,...
The Rossignol group has completed the planned acquisition of Time, a French bicycle brand which will help it to offset the vagaries of the snow season. Sylvain Noailly, vice president of the group in charge of marketing and business development, will take responsibility for this new business segment. Time made ...
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Amer Sports has announced that it will acquire Enve Composites...
Amer Sports has announced that it will acquire Enve Composites for $50 million in an all-cash transaction. Enve, based in Utah, is a maker of high-end carbon wheels, components and accessories for road and mountain cycling. The company has annual sales of around $30 million. The acquisition, which is expected ...
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Quiksilver's European Boardriders subsidiary is offering to exchange €200 million...
Quiksilver's European Boardriders subsidiary is offering to exchange €200 million worth of outstanding 8.875% senior notes due in 2017 with a new package of 9.500% senior notes due in 2020, plus cash, in order to reduce its indebtedness. The new package eliminates restrictive covenants and certain default terms associated with ...
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Thule Group says the number of shares and votes in...
Thule Group says the number of shares and votes in the company has risen to 1,036,455 following the exercise of warrants
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News briefs
Neue Medien Ulm Holding, a publishing company controlled by the...
Neue Medien Ulm Holding, a publishing company controlled by the Ebner family, has signed a deal for the acquisition of SAZ, the leading German sports industry magazine founded by Horst Frankl 41 years ago. The deal is conditional on approval by German anti-trust authorities. Frankl, who is now 75 years ...
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Iconix Brand Group, the owner of Umbro and several other...
Iconix Brand Group, the owner of Umbro and several other sports brands, has adopted a short-term shareholder rights plan after a sharp decline in its share price in recent months. Sports Direct International (SDI), the British retailer, acquired indirect economic interests amounting to 14.4 percent in Iconix in the last ...
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Confirming reports in the Spanish press, New Balance says it...
Confirming reports in the Spanish press, New Balance says it has opened a Spanish subsidiary, New Balance Retail Spain, but points out that its sole purpose is to manage outlet stores in the country. It already has one in the La Roca Village shopping center of Barcelona. Alfico will continue ...
