All Corporations articles – Page 142
-
Short stops
Sympatex Technologies is opening a branch in Seoul, South Korea...
Sympatex Technologies is opening a branch in Seoul, South Korea
-
News briefs
Bain Capital has taken over control of Canada Goods at...
Bain Capital has taken over control of Canada Goods at undisclosed conditions. Dani Reiss, the chief executive of the Canadian company, will retain a significant minority stake. Bain is the private equity firm that bought Jack Wolfskin from Johnson Outdoors in 2002 for €42 million and sold it for €93 ...
-
News briefs
L Capital Asia Investment, a private equity fund sponsored by...
L Capital Asia Investment, a private equity fund sponsored by LVMH, has agreed to acquire a 40 percent stake in 2XU, an Australian brand of compression garments for triathletes, cyclists and runners, for 75 million Australian dollars (€49.0m-$66.9m). The acquisition will cut the combined shareholdings of the eight-year-old company's founders ...
-
News briefs
The Lafuma Group announced today that Calida Holding has carried...
The Lafuma Group announced today that Calida Holding has carried out its planned acquisition of 2.5 million new shares in the company at a price opf €14 per share, for a total investment of €35 million. It thus holds now 50.65 percent of Lafuma's equity and voting shares. In a ...
-
News briefs
Widening its base of debt investors to Central Europe, Amer...
Widening its base of debt investors to Central Europe, Amer Sports has signed a “Schuldschein” worth a total of around €70 million. For Amer, this typically German certificate of indebtedness is made up of a bundle of loans in euros and U.S. dollars with a maturity of five years that ...
-
News briefs
Amer Sports has extended the number of employees benefitting from...
Amer Sports has extended the number of employees benefitting from its Performance Share Plan from about 80 to 200 for the 2013-15 period. The amount of net rewards to be paid on the basis of the plan has been raised from a maximum total of 1.2 million shares to 1.4 ...
-
News briefs
After its acquisition of Costa, the American producer of sports...
After its acquisition of Costa, the American producer of sports sunglasses, Essilor International, the world's largest supplier of ophthalmic lenses, has announced the takeover of Suntech Optics of Canada. Through a subsidiary called Bugaboos, the latter sells Ryders Eyewear, a line of performance sunglasses for mountain bike enthusiasts (more on ...
-
News briefs
Accell Group is to combine the commercial and operational activities...
Accell Group is to combine the commercial and operational activities of its Dutch companies Koga, Batavus, Sparta and Juncker into a new entity named Accell Nederland, which will become operational on Jan. 1, 2014. The move, aimed at optimizing the operations of the bike brands in numerous areas, was announced ...
-
News briefs
A Norwegian online retailer and wholesaler, VPG Holding, has purchased...
A Norwegian online retailer and wholesaler, VPG Holding, has purchased a 10 percent stake in 4frnt, an American ski manufacturer based in Salt Lake City. The investment makes VPG, which distributes its products in Norway, the second largest shareholder in the company behind its founder, Matt Sterbenz. One of the ...
-
News briefs
Shimano Europe Holding will start a new company to represent...
Shimano Europe Holding will start a new company to represent Shimano in Turkey, for both bike and fishing products, from Jan. 1, 2014. Shimano Menat, the name of the new subsidiary, will be based in Istanbul. Cooperation will continue in the country with two long-standing partners of the company: ...
-
News briefs
The Greenmaster Group from Taiwan is reorganizing its European business...
The Greenmaster Group from Taiwan is reorganizing its European business by setting up Greenmaster Europe, with a new structure intended to make it more efficient. It will take the place of Green Fitness, a seven-year-old company in Germany in which Erik von Delius was a partner. He also became its ...
-
Short stops
Fred Perry has reportedly taken over Levenham, a British supplier...
Fred Perry has reportedly taken over Levenham, a British supplier of equestrian clothing and equipment
-
News briefs
New Balance says it is recruiting more workers at its...
New Balance says it is recruiting more workers at its British factory in Cumbria, which assembles 28,000 pairs of shoes per week, expecting more business following a new contract as the official supplier of shoes and apparel to the Irish Olympic Team. The deal covers the supply of high-performance apparel ...
-
News briefs
Vibram has revised its operations around two separate business units:...
Vibram has revised its operations around two separate business units: finished goods and components. Both are serviced by the same marketing and administrative group. The finished goods division includes Vibram's FiveFingers range of toe-separation footwear. Along with the announcement of the new business model, the company said that next year ...
-
News briefs
Kevin Plank, chief executive and founder of Under Armour, plans...
Kevin Plank, chief executive and founder of Under Armour, plans to sell off gradually 1,125,000 of his own shares in the company and 125,000 others that are in the hands of his charity foundation over a ten-month period, starting next February. The shares would be worth around $92 million. Plank, ...
-
News briefs
Coincidentally, Cannondale Sports Unlimited and Pearl Izumi have both announced...
Coincidentally, Cannondale Sports Unlimited and Pearl Izumi have both announced that they are moving into new global headquarters. Cannondale, which is part of Dorel Industries, has a new head office in Wilton, Connecticut, to support the R&D, engineering and marketing operations of its various brands including Cannondale, Schwinn, GT, Mongoose, ...
-
News briefs
After completing the previously reported sale of its snowboard subsidiary,...
After completing the previously reported sale of its snowboard subsidiary, Mervin Manufacturing, for $58 million, Quiksilver has used a portion of the proceeds to acquire the minority interests in its high-growth operations in Brazil and Mexico. It has also arranged a three-year, €60 million European credit facility with Eurofactor. ...
-
News briefs
Ploucquet, an affiliate of Sympatex Holding in Germany, will move...
Ploucquet, an affiliate of Sympatex Holding in Germany, will move all activities to its production site in Zittau. In addition to the existing “Tection” division, which covers technical textiles and applications, all the activities of the “Textiles” business area, which also includes fashion textiles, will also be operated in Zittau, ...
-
News briefs
Adidas has decided to stop marketing SLVR, its premium fashion...
Adidas has decided to stop marketing SLVR, its premium fashion brand of clothing and footwear, after the current autumn/winter collection. It had been showing the line, introduced at the beginning of 2009, at various fairs. Starting in spring 2014, Adidas will come up with a new approach for sophisticated sportswear ...
-
News briefs
Opro, a British producer of mouthgards, has acquired the Maru...
Opro, a British producer of mouthgards, has acquired the Maru swimwear brand for an undisclosed sum. As part of the deal, Maggie Upton and Roger Allen, who established Maru 23 years ago, will continue to be involved in the development of Maru's ranges. Both Maru and Opro are based in ...
