All Corporations articles – Page 152
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On Dec. 10, FMR, a large equity fund known as...
On Dec. 10, FMR, a large equity fund known as Fidelity Investments, became the second-largest shareholder of Accell Group when its stake in the company surpassed 10 percent. Accell, whose stockmarket value had been in a decline, saw its share rating climb after the investment. As of July 2011, FMR ...
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Oxylane, the parent company of Décathlon, laid the symbolic foundation...
Oxylane, the parent company of Décathlon, laid the symbolic foundation stone of a future distribution center in Rouvignies last Dec. 10, in the presence of representatives from local authorities. Set to be inaugurated in the autumn of 2013, the new logistical platform will start with a surface of 57,000 square meters, ...
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There is unconfirmed speculation that Werner Riethmann, CEO of Lowa,...
There is unconfirmed speculation that Werner Riethmann, CEO of Lowa, and the company's contract manufacturer in Slovakia, Riko, are among the candidates to take over Tecnica Group's 60 percent stake in the profitable German-based firm. Two years ago, Riethmann doubled his personal stake in the company to 20 percent and ...
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Cocona, the materials technology company based in Boulder, Colorado, has secured...
Cocona, the materials technology company based in Boulder, Colorado, has secured a $15 million Series C equity private placement and will use the funds for marketing, developing new technologies and general working capital purposes. The transaction was led by H.I.G. Growth Partners and two prior Cocona investors, Fairhaven Capital and Milcom ...
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While boasting that it wants to overtake Puma, New Balance...
While boasting that it wants to overtake Puma, New Balance is moving into the skate footwear market, through a licensing deal with Black Box Distribution in California. The range is to be branded as New Balance Numeric or NB#. Black Box, a company specializing in skating products, will make and ...
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Topo Athletic is a new brand of athletic gear that...
Topo Athletic is a new brand of athletic gear that will premier at the Outdoor Retailer Winter Market in Salt Lake City next January. The idea behind the new concept is to amplify the benefits of natural biomechanics, rather than modifying them. The new company was founded by Tony Post, ...
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News briefs
Puma said that the arbitration tribunal dealing with its trademark...
Puma said that the arbitration tribunal dealing with its trademark dispute in Spain has issued a revised ruling requiring downsized compensation for Estudio 2000, the German sports company's former licensee in the country. Two years ago Puma was ordered to pay €98 million as compensation for the end of its ...
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News briefs
The board of Amer Sports Corp. has approved two new...
The board of Amer Sports Corp. has approved two new share-based incentive plans for key personnel of the group. A new Performance Share Plan, directed at about 80 people including members of the executive board, allocates a maximum total of 1.2 million shares that can be obtained based on operating ...
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News briefs
A few days ago, Odlo began the construction of its...
A few days ago, Odlo began the construction of its new global distribution center in the German town of Brüggen. By the end of 2013, it will take the place of a cluster of five distribution centers in the same area. The total warehouse space will increase from 18,500 to ...
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Snowleader, a French online retailer of snow sports products, has...
Snowleader, a French online retailer of snow sports products, has carried out an equity increase of €400,000 by issuing new shares to a couple of institutional investors and private shareholders to help pursue its further development, according to sport-guide.com. Thomas Rouault, who started up the website four years ago, will ...
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Short stops
The funds managed by Odin Frovaltning have decreased their joint...
The funds managed by Odin Frovaltning have decreased their joint holdings in Rapala VMC to 4.61% of its shares and voting rights
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Fischer and its sister brand of sports clothing, Löffler, are...
Fischer and its sister brand of sports clothing, Löffler, are working more closely together in marketing and sales. As part of this process, the two brands will have a common Swiss sales and marketing office of 9,000 square meters in a former paper plant at Stettlen, according to Schweizer Sport + ...
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Auchan, the big French-based operator of hypermarkets, which is contolled like Décathlon...
Auchan, the big French-based operator of hypermarkets, which is contolled like Décathlon by the French Mulliez family, has agreed to take over the 91 Real markets in Poland, Romania, Russia and Ukraine, most of which sell a narrow selection of low-priced sports apparel, footwear and equipment, among many other types of products. The acquisition, ...
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News briefs
PPR is apparently waiting for a recovery at Puma before...
PPR is apparently waiting for a recovery at Puma before making other acquisitions in the sports and lifestyle sectors, where it is eyeing the outdoor segment in particular. At a press conference in New York, François-Henri Pinault, chief executive of the French group, was reported by Women's Wear Daily as ...
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News briefs
Cocona, the American materials technology company that is seeking to...
Cocona, the American materials technology company that is seeking to expand in the sporting goods and outdoor sectors, has secured a private placement for $15 million in additional equity. The company will use the funds for marketing, the development of new technologies and general working capital purposes. Cocona, which was ...
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News briefs
Iconix Brand Group has announced the completion of its acquisition of...
Iconix Brand Group has announced the completion of its acquisition of Umbro and the related intellectual property assets from Nike for $225 million in cash. Iconix funded the takeover through a previously announced $600 million securized financing facility. Umbro took its name from Humphrey Brothers Clothing, a company founded in 1924 by two ...
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The Indian Batra Group and other investors have reportedly acquired undisclosed...
The Indian Batra Group and other investors have reportedly acquired undisclosed shareholdings in Rampant Sporting, a British young fashion brand founded five years ago that is expanding internationally and online. Rirchard Hartley will remain at the helm of the company. Batra is the licensee of Fila in the Indian subcontinent. It ...
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News briefs
Nike Inc. is transferring much of the surf-related product and...
Nike Inc. is transferring much of the surf-related product and marketing operations conducted under the Nike brand to Hurley International, its specialist brand of surfwear. The details are not yet clear, but it seems that the sponsored athletes will continue to wear Nike shoes.
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News briefs
Lafuma, the French outdoor group, said that preliminary talks...
Lafuma, the French outdoor group, said that preliminary talks held with E-Land for a potential takeover by the Korean group had not revealed sufficient synergies between the two companies. Lafuma confirmed last month that it had been approached by E-Land and agreed to hold discussions with the Korean group, which ...
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News briefs
Sports Direct International (SDI) is moving further into team sports:...
Sports Direct International (SDI) is moving further into team sports: The leading British sports retailer and wholesaler, which owns a gaggle of sports brands, has acquired a majority stake in Vandanel Premier, a British team sports apparel specialist. Four years ago SDI acquired Sondico, another football brand that is strongly ...
