All Corporations articles – Page 122

  • Short stops

    Sergi González has left Intersport España, where he acted as...

    2015-11-30T00:00:00Z

    Sergi González has left Intersport España, where he acted as managing director, according to the Spanish trade press

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    The Saarbrücker Nachrichten published an unconfirmed report that ZEG, the...

    2015-11-10T00:00:00Z

    The Saarbrücker Nachrichten published an unconfirmed report that ZEG, the German-based buying group for bicycle dealers, could purchase the bicycle production unit of Kettler, the German supplier of fitness and garden equipment, which went into self-administered receivership in June. As reported in our previous issue, Kettler said it was working ...

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    Mizuno has inaugurated the head office of its new Spanish...

    2015-11-10T00:00:00Z

    Mizuno has inaugurated the head office of its new Spanish subsidiary, which covers 250 square meters in El Prat de Llobregat, near Barcelona and close to many other sports companies

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    Sport Eco reports that Go Sport, the French sports retailer,...

    2015-11-10T00:00:00Z

    Sport Eco reports that Go Sport, the French sports retailer, has acquired Tool Sport, a French online retailer that went into receivership earlier this year. Go Sport declined to comment but the customer service department at Tool Sport said that the company has been renamed Go Sport Développement. For the ...

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    The Scott Sports group continues its strong external growth strategy....

    2015-11-10T00:00:00Z

    The Scott Sports group continues its strong external growth strategy. We understand that it is already working on another acquisition, which may be sealed before the end of this year, after striking a preliminary agreement last month for the takeover of Dolomite from the Tecnica Group. Scott's management indicates that ...

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    Le Chameau has decided to shut down its French manufacturing...

    2015-11-10T00:00:00Z

    Le Chameau has decided to shut down its French manufacturing plant at Cahan near Flers, which employs 55 workers. The factory makes some of the high-end hunting boots in rubber and leather sold by the company. The production is expected to be transferred to another plant owned by the company ...

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    Implus, a U.S. company that owns a lot of brands...

    2015-11-10T00:00:00Z

    Implus, a U.S. company that owns a lot of brands relating to sports, fitness and footwear, has added Fuelbelt, which specializes in hydration belts and running accessories. Acquired at an undisclosed price, Fuelbelt is to be included in the specialty category of Implus, alongside Balega socks, Triggerpoint and Sof Sole. ...

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    The board of directors of Intersport PSC Holding, which is...

    2015-11-10T00:00:00Z

    The board of directors of Intersport PSC Holding, which is the Swiss licensee of Intersport, has decided to apply for de-listing on the SIX Swiss stock exchange by the summer of 2016 because of the small volume of transactions with its shares and the cost of remaining a public company. ...

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    Bench, which is now run by Bruno Salzer out of...

    2015-11-10T00:00:00Z

    Bench, which is now run by Bruno Salzer out of its Munich office, has cut by half the team at its head office in Manchester, previously made up of 120 people, and expanded operations in Germany. Roles across various areas, among which are “design and communication” and other important functions, ...

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    As planned, Kevin Plank, Under Armour (UA)'s chairman and chief...

    2015-11-10T00:00:00Z

    As planned, Kevin Plank, Under Armour (UA)'s chairman and chief executive, has entered into a pre-arranged stock trading plan to sell up to 1,125,000 shares of UA's class B common stock that he personally owns and up to 125,000 shares of the class B stock held by his charitable trust. ...

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    Adidas is offering design resources and financial assistance to high...

    2015-11-10T00:00:00Z

    Adidas is offering design resources and financial assistance to high schools in the U.S. that want to change their mascot names and identities, to move away from mascots with “potentially harmful” Native American imagery or symbolism. Aligned with the Adidas Group's “open source” strategy, the voluntary initiative was announced in ...

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    Oaktree Capital Management, which has lent $175 million to Quiksilver...

    2015-11-10T00:00:00Z

    Oaktree Capital Management, which has lent $175 million to Quiksilver to keep operating while its U.S. business is in bankruptcy proceedings, has reportedly retained Alix Partners as an advisor for the possible acquisition of the entire company. Quoting unnamed sources, Bloomberg says that other investors may be interested in Quik ...

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    Newton Running has reportedly laid off some sales representatives and...

    2015-10-31T00:00:00Z

    Newton Running has reportedly laid off some sales representatives and staff members at its head office in Boulder, Colorado, as part of a restructuring plan led by Joe O'Neil, who became the company's chief executive at the beginning of this month. Newton declined to provide details on the reorganization, which ...

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    Kettler says it has negotiated with employee representatives a rescue...

    2015-10-31T00:00:00Z

    Kettler says it has negotiated with employee representatives a rescue plan involving the elimination of 198 jobs as part of wider restructuring measures. The German fitness and leisure equipment company went into self-administered receivership in June, while several investors were said to show interest in the family-owned company. Creditors supported ...

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    Manz, a German engineering company, has formally signed a partnership...

    2015-10-31T00:00:00Z

    Manz, a German engineering company, has formally signed a partnership agreement with Adidas to contribute to its Speedfactory project. The company, based in Reutlingen, says the deal builds on the development of new automated production technology for sports equipment, allowing the design of custom-tailored shoe components, textiles and accessories to ...

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    The Quiksilver group, which filed for bankruptcy for its U.S....

    2015-10-31T00:00:00Z

    The Quiksilver group, which filed for bankruptcy for its U.S. business in September, has reportedly asked bankruptcy authorities for permission to sell Ampla, its startup running-shoe brand, to two former employees for $200,000. Ampla was launched by Quiksilver two years ago but it's one of the assets that are no ...

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    Johnson Outdoors has acquired Seabear Diving Technology, an Austrian start-up...

    2015-10-31T00:00:00Z

    Johnson Outdoors has acquired Seabear Diving Technology, an Austrian start-up specializing in underwater instrumentation. It makes electronic equipment for divers, such as smart watches and technical dive computers that can be used underwater. Arne Sieber, Seabear's founder and principal, is to join the diving unit of Johnson Outdoors, which predominantly ...

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    Jarden Corp. has raised net proceeds of $475 million from...

    2015-10-31T00:00:00Z

    Jarden Corp. has raised net proceeds of $475 million from its previously reported secondary offering of 10 million shares, plus an additional 1.5 million shares as a greenshoe option. The proceeds will be used for the planned acquisition of Jostens.

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    Li Ning Company has agreed to sell a 10 percent...

    2015-10-31T00:00:00Z

    Li Ning Company has agreed to sell a 10 percent stake in Shanghai Double Happiness for about 125 million renmimbi (€18.0m-$20.0m) in cash to the Viva China Group. The transaction will reduce Li Ning's share in the Chinese table tennis company to 47.5 percent, leaving it still as its largest ...

  • Short stops

    Fred Perry plans to move its head office to...

    2015-10-19T00:00:00Z

    Fred Perry plans to move its head office to a refurbished Victorian warehouse with 30,000 square feet of space at Mount Pleasant in London in the first quarter of 2016