All Corporations articles – Page 138
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News briefs
The family of Jan Toye, a major player in the...
The family of Jan Toye, a major player in the Belgian beer industry, has acquired all the shares in Eddy Merckx Cycle through its holding company, Diepensteyn. The legendary bike racer who lends his name to the brand has sold his 6 percent stake, but he will continue to be ...
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News briefs
Marmot Mountain inaugurated a new European office at Schwaig near...
Marmot Mountain inaugurated a new European office at Schwaig near Nuremberg in connection with the 40th anniversary of the brand, owned by Jarden Corporation. With a net surface of 1,790 square meters, it is being used by 26 employees since April 1.
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News briefs
Oxylane has decided to shut down a three-year-old site at...
Oxylane has decided to shut down a three-year-old site at Lesquin, close to Lille's airport in northern France, that has been hosting the head office of its French operations as well as a regular Décathlon store of 3,200 square meters. The French office will be moved to the main campus ...
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News briefs
Camelbak International is planning to close down its European office...
Camelbak International is planning to close down its European office in Italy by the end of this month and to transfer its activities to its headquarters in the U.S. The parent company, Compass Diversified, has reported a 44 percent drop in Camelbak's net income to $1.7 million for the first ...
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News briefs
Skechers said a few days ago that it is exploring...
Skechers said a few days ago that it is exploring the idea of acquiring a strategic interest in the Los Angeles Clippers, a leading basketball team whose current owner, Donald Sterling, has been criticized for his racist demands, leading the National Basketball Association (NBA) to demand his divestiture. The team ...
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News briefs
The first golf course designed by Tiger Woods will actually...
The first golf course designed by Tiger Woods will actually be a redesign of the Blaketree National Golf Club in Montgomery, Texas. It will become a world-class 18-hole golf course. Called Bluejack National, the project should be completed by Beacon Land Development in the autumn of 2015.
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News briefs
Nordea Funds Oy's stake in Rapala VMC Corporation has risen...
Nordea Funds Oy's stake in Rapala VMC Corporation has risen to 11.07 percent. Meanwhile, Rapala has decided to cancel 468,449 treasury shares, reducing their total number of 465,407, representing 1.2 percent of the equity.
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News briefs
Kering, the French parent company of Puma and Volcom, has...
Kering, the French parent company of Puma and Volcom, has agreed to help Kelly Slater to develop his own brand. The legendary American surf champion, who is now about 42-years old, has put an end to a 23-year association with Quiksilver, which is focusing on its major brands. Company officials ...
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News briefs
The parent company of Supra footwear, One Distribution, has relocated...
The parent company of Supra footwear, One Distribution, has relocated its European office from the Basque coast of France to Barcelona, occupying a newly designed, 1,000-square-meter building in the Poblenou area of the city. The company has also signed a contract with Blue Distribution of Italy for the Greek market.
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News briefs
VF Corporation has opened a new distribution center in Kunshan,...
VF Corporation has opened a new distribution center in Kunshan, China, that will handle 30 million units of products annually and employ nearly 400 people. The new 85,000-square-meter facility represented an investment of more than $60 million, representing VF's largest infrastructure investment in China to date. In 2013, VF's total revenues ...
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News briefs
Italy's Bressan group, which specializes in the design and development...
Italy's Bressan group, which specializes in the design and development of rather technical outdoor and ski apparel through a company called Prisma 2, has taken over all the assets of Garmont and its personnel, but not its liabilities, through a new company called Garmont International. The company's former owner and ...
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News briefs
Zalando became a limited liability corporation (AG) last December, but...
Zalando became a limited liability corporation (AG) last December, but it will again change its status to a Societas Europaea (SE), or European corporation, next summer. The change is expected to facilitate cooperation across national borders for this big and growing German-based internet retailer, which is still considering a public ...
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News briefs
Exceed Corporation has decided to adjourn a special shareholders' meeting...
Exceed Corporation has decided to adjourn a special shareholders' meeting that was going to vote on April 16 to take the Chinese company private, based on a merger proposal made last December. Pan Long Company, the investment vehicle of Exceed's chief executive, Shuipan Lin, was going to take over all ...
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News briefs
Head NV announced today that it has acquired a total...
Head NV announced today that it has acquired a total of 14,865,236 shares in the company at €1.60 each. The shares were tendered in response to an unconditional offer made by Head on March 28, after a series of conditional offers under which the company would have bought back its ...
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Short stops
Igloo Products has found a new institutional investor, Acon Investments...
Igloo Products has found a new institutional investor, Acon Investments of Washington, D.C. (more in The Outdoor Industry Compass)
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News briefs
Accell Group's North American subsidiary has announced that it will...
Accell Group's North American subsidiary has announced that it will open an Electric Bicycle Competence Center (EBCC-NA), on April 30. It will be located at Simi Valley, California, in a facility of Currie Technologies, a company acquired by Accell in 2012 that pioneered e-bikes in the U.S. The new center ...
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News briefs
Billabong International has raised an additional 24 million Australian dollars...
Billabong International has raised an additional 24 million Australian dollars (€162.5m-$173.9m) by giving the possibility to existing shareholders to purchase three additional shares for every eight shares they owned as of Feb. 28 at a unit price of 28 cents of an Australian dollar. Shareholders bought a total of 87 ...
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News briefs
Direct Golf UK is investing in new storage and distribution...
Direct Golf UK is investing in new storage and distribution systems. The Yorkshire-based specialist golf retailer has outgrown its existing home in an old textile mill in Huddersfield and has joined forces with Mosaic Fulfilment Solutions (MFS) to move its outdated storage and distribution center to Wetherby. MFS will provide ...
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News briefs
Sports Direct International is proposing to grant a special conditional...
Sports Direct International is proposing to grant a special conditional option on eight million ordinary shares, worth a total of £65.8 million (€79.6m-$109.7m) to its founder and major shareholder, Mike Ashley, in recognition of its success. Ashley already owns 62 percent of the shares. The award would be granted to ...
