All Corporations articles – Page 124

  • News briefs

    Infront Sports & Media, the Swiss-based sports marketing company, has...

    2015-09-30T00:00:00Z

    Infront Sports & Media, the Swiss-based sports marketing company, has sealed an agreement to buy and integrate Gsport and Sport09 into Infront Italy. Gsport is one of Italy's leading companies for marketing rights management in national club football, while Sport09 is one of the country's major media agencies for sport. ...

  • News briefs

    Lost International, the American brand of surfboards, skateboards and related...

    2015-09-30T00:00:00Z

    Lost International, the American brand of surfboards, skateboards and related apparel and accessories launched in 1985, is switching to a licensing model for its sales in the U.S., Europe and many other territories. An investment group based in Chino, California and led by Nick Agakanian will reportedly take care of ...

  • News briefs

    Adidas France is to transfer its French head office to...

    2015-09-30T00:00:00Z

    Adidas France is to transfer its French head office to Strasbourg toward the end of 2017, in the new business area of Wacken. It will thus leave the village of Landersheim near Saverne, where it was established in 1973. Despite repeated renovations, the office complex was apparently no longer suitable. ...

  • News briefs

    Acushnet, which is the parent company of Titleist and Footjoy,...

    2015-09-30T00:00:00Z

    Acushnet, which is the parent company of Titleist and Footjoy, is holding discussions with various investment banks in preparation for a possible return to the stock market, according to Bloomberg. The company, which has been performing better than TaylorMade-Adidas Golf and other golf majors in a difficult market, was sold ...

  • News briefs

    Harbinger, a U.S. supplier of performance strength and fitness accessories,...

    2015-09-30T00:00:00Z

    Harbinger, a U.S. supplier of performance strength and fitness accessories, has been acquired by Implus, a multi-brand company specializing in athletic, fitness and outdoor products. Established in 1988, Harbinger supplies a wide range of products such as gloves, belts, straps, strength training aids and functional fitness items. Implus, which has ...

  • News briefs

    Seth Wescott, a 39-year-old American pro snowboard rider who has...

    2015-09-30T00:00:00Z

    Seth Wescott, a 39-year-old American pro snowboard rider who has collected many medals, has made an unspecified investment in Winterstick Snowboards as the American company plans to set up its first workshop to make customized snowboards. The company will transform an old barn on the western side of Sugarloaf Mountain, ...

  • News briefs

    Sports Direct International has bought a stake of 18.9 percent...

    2015-09-30T00:00:00Z

    Sports Direct International has bought a stake of 18.9 percent in Findel, a British multi-channel retailer that owns an online sports retailer, Kitbag, specializing in the sale of replica kits for major football teams. Reportedly, Findel previously refused an offer by Mike Ashley to buy Kitbag alone. It turns out ...

  • News briefs

    IC Group raised its equity on Sept. 18 by 485,900...

    2015-09-30T00:00:00Z

    IC Group raised its equity on Sept. 18 by 485,900 Danish kroner to DKK170,562,470 (€22,861,806-$25,562,392) through an exercise of warrants. The new capital consists of 17,056,247 shares and voting rights. IC Group, which is the parent company of Peak Performance, has also signed a market maker agreement with Danske Bank ...

  • News briefs

    Goldwin has agreed to buy a 12 percent stake in...

    2015-09-30T00:00:00Z

    Goldwin has agreed to buy a 12 percent stake in Spiber worth ¥3 billion (€22.2m-$25.0m) to commercialize its synthetic spider-web-like material, which derives from biomass and is therefore eco-friendly. The value of the company is nearly ¥25 billion (€185.4m-$208.7m). Qmonos, the name of the synthetic spider-web-like fiber, derives from the ...

  • News briefs

    Gordon Stanley Merchant, founder of Billabong, has purchased 104,131 shares...

    2015-09-30T00:00:00Z

    Gordon Stanley Merchant, founder of Billabong, has purchased 104,131 shares in the Australian company at a price of 67,570.61 Australian dollars (€42,476.92-$47,495.48). He thus owns 109,036,051 shares in Billabong, giving him a stake of a little over 11 percent. Oaktree Capital Management and Centerbridge Partners are still the largest shareholders, ...

  • News briefs

    Global Surf Industries (GSI) is now entirely owned by its...

    2015-09-21T00:00:00Z

    Global Surf Industries (GSI) is now entirely owned by its founder Mark Kelly, according to reports in the Boardsport Source news service. Kelly started the company in 2002. Since then, GSI has evolved into one of the largest surfboard and stand-up paddleboard companies in the world, with domestic operations in ...

  • News briefs

    The sale of the Elan Group to Wiltan Enterprises and...

    2015-09-21T00:00:00Z

    The sale of the Elan Group to Wiltan Enterprises and Merrill Lynch (see SGI Europe No. 26-25+26 of Aug. 10) has been completed with the return of state aid to the Slovenian government following a resolution by the European Commission, which challenged the legality of a €10 million subsidy given ...

  • News briefs

    Shimano Europe has unveiled plans to open an “Experience Center”...

    2015-09-21T00:00:00Z

    Shimano Europe has unveiled plans to open an “Experience Center” in the Netherlands in the spring of 2017. The center will be built in Valkenburg, in the southern part of the country, on the site of a former brewery. The activities offered by the park will focus on cycling, fishing ...

  • News briefs

    The share capital of IC Group, parent company of Peak...

    2015-09-21T00:00:00Z

    The share capital of IC Group, parent company of Peak Performance, has been raised by 0.3 percent to 170,562,470 Danish kroner (€22.9m-$26.1m) through the exercise of warrants under two different programs that priced the new shares at DKK 136.00 and DKK 166.80, respectively. IC Group has derived gross proceeds of ...

  • News briefs

    New Balance has moved into a new corporate head office...

    2015-09-21T00:00:00Z

    New Balance has moved into a new corporate head office at the northwestern edge of Boston, close to the old one. About 700 New Balance employees occupy the new 250,000-square-foot building, which is part of the new Boston Landing development project financed by the Davis family, owner of New Balance. ...

  • News briefs

    Transa Backpacking has a new shareholding structure as Beat Stünzi,...

    2015-09-21T00:00:00Z

    Transa Backpacking has a new shareholding structure as Beat Stünzi, founder and majority shareholder of the leading Swiss outdoor retailer, decided to partly pull out, due to his age. The new majority shareholder is International Retail Corporation (IRC), a vehicle controlled by Beat Zaugg, chief executive and minority shareholder in ...

  • News briefs

    Assos of Switzerland, the well-known maker of bikewear from Lugano,...

    2015-09-21T00:00:00Z

    Assos of Switzerland, the well-known maker of bikewear from Lugano, has changed ownership. The founding Maier family has sold its shares to a pool of investors led by Phil Duff, the former chief executive of Black Diamond, the U.S. brand of outdoor and snow sports equipment. Duff will reportedly take ...

  • News briefs

    Suunto, a subsidiary of Amer Sports, has opened a new...

    2015-09-21T00:00:00Z

    Suunto, a subsidiary of Amer Sports, has opened a new Mobile Competence Center in Tampere, Finland. The facility, which was inaugurated on Aug. 10, is focused on the development of digital services and native applications for both iOS and Android. Suunto said it decided to start the center because of ...

  • News briefs

    Alibaba Group Holding has established a new Alibaba Sports Group...

    2015-09-21T00:00:00Z

    Alibaba Group Holding has established a new Alibaba Sports Group together with Sina Corporation and Yunfeng Capital. The idea is to leverage Alibaba's large e-commerce footprint in China with Sina's media resources to create an integrated, internet-based sports platform for the benefit of the sports industry, sports teams, sports fans ...

  • News briefs

    Thule Group has signed an agreement to sell its snow...

    2015-09-21T00:00:00Z

    Thule Group has signed an agreement to sell its snow chain business to an Austrian-based company, Schneeketten. The divestment will allow Thule to focus more on its core outdoor and bags segment. Its snow chain division posted sales of 136 million Swedish kronor (€14.6m-$16.5m) in 2014. Its staff of 145 ...