All Corporations articles – Page 120
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News briefs
The North Face has moved its office and showroom for...
The North Face has moved its office and showroom for the German-speaking countries from the MOC to the German office of VF Corporation in the northern part of the city, along with other group brands such as Smartwool, Napapijri, Timberland, Vans and Wrangler.
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Seven executives of Thule Group including Magnus Welander and Stefan...
Seven executives of Thule Group including Magnus Welander and Stefan Jacobsson, who are respectively chief executive and chairman of the Swedish company, have exercised warrants issued since 2014, paying 84.90 Swedish kronor (€9.05-$9.88) per share. The transaction raises the total number of shares by 1,036,455 to 101,036,455, resulting in net ...
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Golf Datatech, the market research company covering the sales of...
Golf Datatech, the market research company covering the sales of golf equipment and apparel, has acquired the Golf Retail Audit Service of U.K.-based Sports Marketing Surveys (SMS). As a result of the acquisition, Golf Datatech said it will now be able to deliver market retail research in one consistent format ...
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Macintosh Retail Group has sold its Scapino chain of shoe...
Macintosh Retail Group has sold its Scapino chain of shoe shops to a Dutch shoe retailer, H. Ziengs, and its Brantano chain of 130 stores in Belgium to Brantnew, a new group formed by three other local retailers. Ziengs will take over only between 140 and 180 out of the ...
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Selle Italia has acquired a majority stake in Selle San...
Selle Italia has acquired a majority stake in Selle San Marco, as reported by the Italian newspaper Il Gazzettino di Vicenza e Bassano. The two historical bicycle brands are both based in Italy's Veneto region and together generate revenues of around €30 million of which €23 million are generated by ...
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News briefs
Garmin International has acquired Pulsed Light, a company specializing in...
Garmin International has acquired Pulsed Light, a company specializing in optical distance measurement technology, boasting that the sensor boards from the firm in Oregon are particularly accurate, small and lightweight. Pulsed Light developed and owns the intellectual property that enables this technology. The multiple applications could include products such as ...
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News briefs
Black Diamond is moving its European head office from a...
Black Diamond is moving its European head office from a town near Basel, in Switzerland, to Innsbruck in Austria. The transfer, which follows the disposal of Gregory Mountain Products and Poc, is expected to help the company to reduce its operating costs. More on this in The Outdoor Industry Compass.
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Graeme Roustan, the former chairman of Bauer, is again threatening...
Graeme Roustan, the former chairman of Bauer, is again threatening a hostile takeover of its parent company, Performance Sports Group. He says he is looking for partners to take the company private, claiming that it is pursuing a direct-to-consumer strategy that could be a threat to its existing customer base. ...
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News briefs
Herbert Hainer, chief executive of the Adidas Group, told the...
Herbert Hainer, chief executive of the Adidas Group, told the Süddeutsche Zeitung that the company achieved sales of more than €2 billion in China last year, up from €1,811 million in 2014, making it the group's second-largest national market after the U.S. For this year the Adidas chief predicts buoyant ...
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At least three companies are reportedly holding talks about their...
At least three companies are reportedly holding talks about their possible takeover of Scapino, the large Dutch shoe retailer that was declared bankrupt last Friday. While Scapino stores remain open, a spokesman for the receivers confirmed that they were holding talks with interested parties to obtain a rapid relaunch for ...
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Atmósfera Sport, the Spanish buying group, has expanded its 2,000-m²...
Atmósfera Sport, the Spanish buying group, has expanded its 2,000-m² head office near Valencia by an additional 1,000 square meters. The reasons given for extension are a growing number of retail members and plans for a stronger verticalization process for the group's operations. According to CMD Sport, the group's revenues ...
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Sport Partner reports that Mizuno's French subsidiary will no longer...
Sport Partner reports that Mizuno's French subsidiary will no longer distribute the brand in Belgium and Luxembourg from the beginning of April, and that sales in the two countries will instead be supervised from the Netherlands. The publication indicates that the change fits with wide-ranging investments by Mizuno in European ...
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Zalando is taking over Nugg, a German company that supplies...
Zalando is taking over Nugg, a German company that supplies targeted digital marketing solutions, from the German Post Office, in order to address specific target groups in different ways. In the U.S., meanwhile, Amazon is reportedly planning to set up its own fleet of cargo airplanes to avoid delayed deliveries ...
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Shares in the Iconix Brand Group took a nosedive on...
Shares in the Iconix Brand Group took a nosedive on Monday, after the company announced that it received a formal order of investigation from the Securities and Exchange Commission (SEC). Iconix, the parent company of Umbro, Starter, Danskin and a string of other brands, added that it intended to fully ...
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News briefs
Bridgestone Golf has announced the closure of its sales operations...
Bridgestone Golf has announced the closure of its sales operations in the U.K. and Ireland from March 2016. The parent company in Japan said the decision was primarily due to the prevailing market conditions, currency fluctuations and the long term outlook for sales. The move will result in the cancellation ...
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News briefs
The Frankfurter Allgemeine Zeitung reported earlier this month that some...
The Frankfurter Allgemeine Zeitung reported earlier this month that some creditors of Kettler, the German fitness and leisure equipment company that filed for insolvency under its own administration in June, want to study a potential sale of the company – be it only to establish a market value. With the ...
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News briefs
Robin Stalker, chief financial officer at the Adidas Group, told...
Robin Stalker, chief financial officer at the Adidas Group, told The Financial Times that the company was not facing pressure to divest activities. Speculation has been reported about such pressure after several influential investors built up stakes in Adidas this year: Southern Asset Management (SAM) in the U.S. and investment ...
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To prepare itself for accelerated growth in Europe, Skechers is...
To prepare itself for accelerated growth in Europe, Skechers is again raising the capacity and efficiency of its European distribution center in Belgium. A new phase of expansion will take the total warehousing surface to more than 100,000 sqm. by next April. The 13-year-old facility, which gets its products through ...
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Short stops
Devold has reportedly invested €11 million in a new apparel...
Devold has reportedly invested €11 million in a new apparel manufacturing plant in at Panevezys, in Lithuania
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News briefs
Polartec has decided to close its factory in Lawrence, Massachusetts,...
Polartec has decided to close its factory in Lawrence, Massachusetts, moving its operations to its other plants in Hudson, New Hampshire and Cleveland, Tennessee. The latter was acquired by Polartec in September from United Knitting. The Lawrence factory had been rebuilt by Malden Mills 20 years ago, after being ...
