All Corporations articles – Page 161
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In yet another acquisition in the fashion sector, JD Sports...
In yet another acquisition in the fashion sector, JD Sports Fashion has reportedly taken over Fly53, a British brand of young men's apparel
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Since Jacques Krauze left his position at the head office...
Since Jacques Krauze left his position at the head office of Courir, the retail chain owned by Groupe Go Sport, several months ago, he has formed his own consulting firm, Creative Retail and Merchandising
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Peter Wolf, a former head of Karstadt's sporting goods operations...
Peter Wolf, a former head of Karstadt's sporting goods operations who acquired a stake in the Golf House retail chain in 2010, is said to have invested in Kaiorize, a celebrity product placement agency with offices in Germany and the U.S.
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Pon Holdings, the Dutch-based international trading and service company that...
Pon Holdings, the Dutch-based international trading and service company that recently acquired Derby Cycle, Gazelle and Cérvelo, has grouped these assets into a newly created Pon Bicycles Business Group, according to Bike Europe. It will be based in the German town of Cloppenburg, where Derby has its head office. The ...
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Exceed Company, the Chinese owner and operator of the Xidelong...
Exceed Company, the Chinese owner and operator of the Xidelong brand of sportswear from Fujian, has extended the date for the expiration of its existing US$10 million share repurchase program from Feb. 14 to Aug. 14. It has already spent $2.1 million under the scheme and still has $7.9 million ...
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Minestone Limited, a European investment firm, has bought Marin Bikes,...
Minestone Limited, a European investment firm, has bought Marin Bikes, a privately held company. On the company's blog, Robert Buckley, the president and founder of Marin, said that the purchase would allow the bike company to invest more in product innovation, marketing and human resources. The company will still be ...
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Kevin Plank, the chief executive of Under Armour, has sold...
Kevin Plank, the chief executive of Under Armour, has sold 135,000 shares in the company for $10.67 million. He still has 11.06 million shares worth about $900 million.
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Anxious to expand its market position in the U.K., Décathlon...
Anxious to expand its market position in the U.K., Décathlon confirms a report that it studied the possible acquisition of some of the British megastores of Best Buy, the big American specialty retailer of consumer electronics. However, another retailer, Morrisons, has bought them instead for its Kiddicare chain of children's ...
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Phil Knight has declared to the U.S. Securities & Exchange...
Phil Knight has declared to the U.S. Securities & Exchange Commission that it owned 67,104,745 shares in Nike as of last Dec. 31, or 15.41 percent of its Class A and B stock. An additional 3,509,800 shares were held by his wife, by a couple of partnerships in which he ...
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Amer Sports has been informed that Orkla of Norway has...
Amer Sports has been informed that Orkla of Norway has reduced its holdings in the Finnish group below 5 percent of the total equity, down to 3.2 percent as of Feb. 6. Orkla was previously a major investor in Viking and Helly Hansen, among other companies. The Norwegian fund bought ...
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Alpargatas, the big Brazilian shoe company that owns the Havaianas...
Alpargatas, the big Brazilian shoe company that owns the Havaianas and Topper brands, is considering acquisitions abroad, according to the Bloomberg news agency. It also intends to expand into new markets in Asia and to boost its distribution operations in other countries such as the U.K. and the U.S. While ...
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The shareholders of Hot Tuna have approved all the resolutions...
The shareholders of Hot Tuna have approved all the resolutions presented to them, including the sale of the Hot Tuna brand name and some of its inventory to Sports Direct International for £950,000 (€1.1m-$1.5m). As a result, the British surfwear company is winding down all its operations in the U.K., ...
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Adding a fifth property to its roster of apparel brands,...
Adding a fifth property to its roster of apparel brands, Perry Ellis has acquired the global intellectual rights to the Ben Hogan brand for apparel and accessories from Callaway Golf. The deal, whose price was not disclosed, covers South Korea and Japan as well. Perry Ellis is already the licensee ...
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Indicating that it is discussing possible acquisitions of outdoor companies...
Indicating that it is discussing possible acquisitions of outdoor companies in the $25-50 million range, Black Diamond Equipment Inc. said it intends to issue 7.75 million new shares, priced at $7.50, to obtain gross proceeds of about $58.1 million. It is also granting an option to purchase an additional 1,162,500 ...
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Orange 21, parent company of Spy Optics, has changed its...
Orange 21, parent company of Spy Optics, has changed its name to Spy Inc., reflecting its decision to concentrate on this brand
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Reuters says that Gary Balter, an analyst for Credit Suisse,...
Reuters says that Gary Balter, an analyst for Credit Suisse, has informed Amazon.com investors that the company's Quidsi unit may be setting up a dedicated sporting goods retail business. Apparently Amazon and Quidsi have posted job openings online for positions in a new sports and activities business and an “Outdoor ...
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Foot Locker has amended and restated its credit agreement so...
Foot Locker has amended and restated its credit agreement so that it provides for a five-year asset-based revolving credit facility with an initial availability of $200 million. During the term of the agreement, Foot Locker can ask for addition credit commitments up to four times, not to exceed $200 million ...
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Acting through its holding company, Edizione Holding, the Benetton family...
Acting through its holding company, Edizione Holding, the Benetton family is proposing to take Benetton Group private by offering €276.6 million, or €4.60 a share for the 32.92 percent stake it doesn't own. The price represents a premium of 15 percent above the stock market quotation of €3.98 on the ...
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Giorgio Armani is serious about the sporting goods sector. EA7,...
Giorgio Armani is serious about the sporting goods sector. EA7, the division of the Italian fashion house that handles seven sports categories in this segment, became an independent business unit within the company last year, with a staff of about 80 people, compared with only 30 two years ago. The ...
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Amer Sports has decided to cancel 3,000,000 own shares, representing...
Amer Sports has decided to cancel 3,000,000 own shares, representing 2.5 percent of the company's equity. After the cancellation, Amer will have a total of 118,517,285 outstanding shares, including 1,012,125 treasury shares. Separately, the Finnish group has confirmed that it will redeem €60 million worth of hybrid bonds issued in ...
