All Corporations articles – Page 164
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News briefs
SRAM has postponed its initial public offering until next summer,...
SRAM has postponed its initial public offering until next summer, according to Bicycle Retailer and Industry News. The supplier of bike components was planning to raise money to buy out the stake purchased in the company by Trilantic Capital Partners in 2009. At the Taichung Bike Week, SRAM presented an ...
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News briefs
It looks like Mustad, the Norwegian hook manufacturer, might be...
It looks like Mustad, the Norwegian hook manufacturer, might be out of limbo. Over the last several months, various companies have been cited as wanting to buy the troubled company, including Rapala and Pure Fishing. However, the owner of NLI Utvikling, a Norwegian industrial and investment company, has informed the ...
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News briefs
Nike is moving its Madrid headquarters from a town to...
Nike is moving its Madrid headquarters from a town to the north of Madrid into a landmark building in the heart of the city. The new office will be in the Palacio del Marqués de Miraflores near the Prado Museum. The Iberian office remains in the region of Barcelona. The ...
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News briefs
Yue Yuen Industrial has halted production at its large facility...
Yue Yuen Industrial has halted production at its large facility in Guandong Province because of a strike by its workers. It is not sure whether production has resumed already, although industry sources indicate that the management reached a settlement with the strikers, promising improved conditions with regard to overtime pay ...
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News briefs
Metro has confirmed that it has received offers for its...
Metro has confirmed that it has received offers for its Kaufhof and Inno department stores from Signa Holding, the Austrian investment vehicle of the Greek shipping magnate George Economou, as well as from Nicolas Berggruen, who bought the Karstadt chain last year, and a consortium led by Wolfgang Urban, a ...
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News briefs
Predicting that the Chinese sporting goods market will remain challenging...
Predicting that the Chinese sporting goods market will remain challenging next year, Li Ning says it plans to place more emphasis on footwear in repositioning its product range. After collecting orders for the second quarter of 2012 at its own trade fair, the company reported mid-single-digit increases in prices and ...
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News briefs
Innovex Golf reached a deal to buy Rife Putters earlier...
Innovex Golf reached a deal to buy Rife Putters earlier this month for an undisclosed amount. Rife has been looking for funding to help it expand in the last year or so, so the acquisition could give it a new start. It used to be the No. 1 putter on ...
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News briefs
Asics Europe has moved its head office to Beukenhorst-Zuid, an...
Asics Europe has moved its head office to Beukenhorst-Zuid, an ecologically sustainable business park in Hoofddorp, Netherlands. The 5,000-square-meter office, which opened for business on Nov. 23, accommodates the 220 employees of Asics Europe and Asics Benelux, as well as the northern European sales off with showrooms, and has room ...
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News briefs
Arc'teryx has opened its first European showroom in Annecy, France....
Arc'teryx has opened its first European showroom in Annecy, France. On 125 square meters, the European sales team will present there not only the collections, but also the brand's solutions for in-store building. It will also host European and regional sales meetings. Company officials say that Annecy was picked not ...
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News briefs
Amer Sports reports that Varma Mutual Pension Insurance Company has...
Amer Sports reports that Varma Mutual Pension Insurance Company has raised its stake in the company from 4.78 to 5.19 percent. Meanwhile, Amer says it has completed a share buyback program announced last Aug. 15, involving a total of 3 million shares purchased at an average price of €9.18. As ...
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News briefs
Trilantic Capital Partners, a U.S. private equity fund, has acquired...
Trilantic Capital Partners, a U.S. private equity fund, has acquired a substantial stake in Implus Corporation from another fund, AEA Investors, in cooperation with the company's chief executive, Seth Richards, and its president, Todd Vore. The U.S. company markets insoles, shoe care products and other items under numerous brands including ...
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News briefs
Hardy & Greys is dismissing about 27 employees, making up...
Hardy & Greys is dismissing about 27 employees, making up one-quarter of its personnel in the U.K., according to Angling International. The move was apparently prompted by a big drop in the U.K. fishing tackle market that is leading the company to reallocate resources to the German and U.S. markets. ...
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News briefs
Erhard Sport, the German supplier of sports products and sports...
Erhard Sport, the German supplier of sports products and sports facilities discussed in our Oct. 26 issue, has taken another important step in its development by taking over the management of www.dtb-shop.de, the web store of DTB, the German Gymnastics Federation. Its online shop will offer more and more Erhard ...
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Short stops
Easton-Bell Sports is helping Chinese suppliers to implement lean manufacturing...
Easton-Bell Sports is helping Chinese suppliers to implement lean manufacturing techniques
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News briefs
Cybex is allowed to continue trading on the Nasdaq stock...
Cybex is allowed to continue trading on the Nasdaq stock exchange until at least Jan. 2, by which time it must formally disclose an equity position of at least $10 million. The American fitness equipment company will also have to trade above $1 per share on Nasdaq for at least ...
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News briefs
Nike is boosting its quarterly dividend by 16 percent to...
Nike is boosting its quarterly dividend by 16 percent to 36 cents, payable next Jan. 3 to shareholders of record at the close of business on Dec. 5. The company points out that it has raised its dividends for 10 years in a row and that it has more than ...
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Short stops
Head has bought back 607,207 ordinary shares, representing 0.66 percent...
Head has bought back 607,207 ordinary shares, representing 0.66 percent of its issued share capital, at a cost of €424,745
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Short stops
LG Fashion, the Korean licensee of Intersport and distributor of...
LG Fashion, the Korean licensee of Intersport and distributor of various international sports and outdoor brands, has acquired Allegri, a famous Italian brand of rainwear
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News briefs
Brown Shoe Company has finalized the sale of its men's...
Brown Shoe Company has finalized the sale of its men's basketball and lifestyle shoe brand, And 1, to Galaxy International for $55 million in cash. Brown Shoe plans to use the proceeds from the deal to pay down debt. The U.S. shoe retail and wholesale company acquired And 1 in ...
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Short stops
Accell Group is reportedly looking for more acquisitions in southern...
Accell Group is reportedly looking for more acquisitions in southern Europe as well as in the U.S.
