All Corporations articles – Page 143
-
Short stops
Punch Power, a French sports nutrition company, has reportedly acquired...
Punch Power, a French sports nutrition company, has reportedly acquired Care, a French supplier of stationary bicycles and other fitness equipment
-
News briefs
Sympatex Holding has completed the sale of bonds worth €13...
Sympatex Holding has completed the sale of bonds worth €13 million, with a coupon of 8 percent and maturing in five years' time. They are trading on the Open Market of the Deutsche Börse. The management says that 30 percent of the proceeds will be invested in product development and ...
-
News briefs
René Benko, the Austrian entrepreneur who took a 75.1 percent...
René Benko, the Austrian entrepreneur who took a 75.1 percent stake in the 28 sporting stores of Karstadt and its three premium department stores in September, is about to transfer half of the shares to Beny Steinmetz, a rich Israeli trader in diamonds and real estate, according to Manager Magazin. ...
-
News briefs
Moncler has sold its sportswear division to Cavaliere Brands, a...
Moncler has sold its sportswear division to Cavaliere Brands, a company indirectly controlled by Emerisque Brands, a global investor that operates mainly in the U.K., the U.S. and Hong Kong. Moncler's sportswear division includes the Marina Yachting, Henry Cotton's, Coast Weber & Ahaus brands as well as the license for ...
-
News briefs
Fletcher Leisure Group of Canada has been placed in receivership....
Fletcher Leisure Group of Canada has been placed in receivership. The company owns the Sunice label and is the golf apparel licensee for AUR, Tommy Hilfiger and Bridgestone. Reports indicate that Fletcher's receiver, PriceWaterhouseCoopers, is about to sell some of the assets to an unnamed strategic investor. Fletcher dismissed 55 ...
-
Short stops
Kohlberg Management has reduced its stake in Bauer Performance Sports...
Kohlberg Management has reduced its stake in Bauer Performance Sports to 10.3 percent following the sale of 6,325,000 shares including an over-allotment option, which netted proceeds of 76.9 million Canadian dollars (€54.5m-$73.5m)
-
Short stops
Sram's exclusive distributor, Kalnai Sports, has applied for insolvency proceedings...
Sram's exclusive distributor, Kalnai Sports, has applied for insolvency proceedings
-
News briefs
JD Sports Fashion, which already operates 81 Blacks and 76...
JD Sports Fashion, which already operates 81 Blacks and 76 Millets outdoor stores in the U.K., is acquiring a controlling stake in Tiso Group, the largest outdoor retailer in Scotland, from the Tiso family, which will continue to be involved with a minority stake. Chris Tiso will remain as chief ...
-
News briefs
Amer Sports has issued a bond worth 750 million Swedish...
Amer Sports has issued a bond worth 750 million Swedish kronor (€85.4m-$115.4m) to institutional investors, with a floating rate and a loan period of five years. It will use the bond for the repayment of loans and general corporate purposes. Nordea Markets acted as the sole book-runner for the bond, which ...
-
News briefs
Callaway Golf has redeemed all its 7.5 percent Series B...
Callaway Golf has redeemed all its 7.5 percent Series B convertible preferred shares. Of those, 183,496 were converted into 2,602,770 ordinary shares and the 300 others were redeemed for $30,356.25.
-
News briefs
A new round of financing has provided the German-based 21sportsgroup...
A new round of financing has provided the German-based 21sportsgroup with sufficient working capital to finance its purchases until 2016, according to a press release by the company, which says that this is also going to improve profitability because of the discounts generally granted by suppliers on pre-orders. Further details ...
-
News briefs
Under Armour is paying $150 million for the takeover of...
Under Armour is paying $150 million for the takeover of MapMyFitness, a company in its hometown of Baltimore whose digital fitness platform has more than 20 million users. It allows them to track and share their progress in running and other fitness activities through the social media. Under Armour, which ...
-
News briefs
Amer also reports that a total of 19,109 shares granted...
Amer also reports that a total of 19,109 shares granted as share-based incentives were returned to Amer Sports on Nov. 7 in accordance with the terms of an incentive plan as the employment of their holders came to an end. Amer holds now a total of 982,587 shares of its ...
-
News briefs
Quiksilver reports the sale of its snowboard manufacturing operations to...
Quiksilver reports the sale of its snowboard manufacturing operations to Extreme Holdings for an undisclosed amount of cash, as part of a profit improvement plan announced last May. The operations consist of Mervin Manufacturing and its Gnu and Lib Tech brands. Extreme Holdings is described as a company “advised” by ...
-
News briefs
Sergio Tacchini has a new head office in Milan, on...
Sergio Tacchini has a new head office in Milan, on Via Savona 97. It is located in a former industrial area that has been renovated, becoming one of the new landmarks in town for fashion and design. The brand moved its showroom from a lakeside town to Milan last July ...
-
News briefs
NPD Group is taking over the retail sales tracking and...
NPD Group is taking over the retail sales tracking and consumer research business of Leisure Trends, an American market research firm that has been providing statistical data in the sports, outdoor and recreation industries. The combined operation will be based in Boulder, Colorado, collecting information from over 26,000 stores in ...
-
Short stops
Pittards, a major supplier of leather to the sporting goods...
Pittards, a major supplier of leather to the sporting goods sector, says it refused a cash offer for the acquisition of its shares
-
News briefs
Sports Marketing Surveys USA (SMS USA) has entered into a...
Sports Marketing Surveys USA (SMS USA) has entered into a partnership agreement with AA Data Company, the California-based provider of retail information to the surf and skateboard industry. AA Data has developed proprietary data collection and translation software systems to produce the ActionWatch market intelligence program. The two companies will ...
-
News briefs
Netrada Europe, a German company that has supplied e-commerce services...
Netrada Europe, a German company that has supplied e-commerce services to more than 80 brands, has filed for insolvency, apparently due to a cash squeeze caused by its rapid development. Sources indicate that it has the backing of the banks and that it plans to continue to operate normally, going ...
-
News briefs
Golf Datatech, the Florida-based market research company, and Yano Research...
Golf Datatech, the Florida-based market research company, and Yano Research Institute of Japan have announced a strategic alliance aimed at aggregating consistent data on the golf industry worldwide. The alliance will release a “US/Japan Golf Market Report” in January 2014, which will compare the relative size and scope of the ...