All Corporations articles – Page 171
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Billabong International could be a potential takeover target for the...
Billabong International could be a potential takeover target for the French luxury and sporting goods conglomerate PPR, according to the Italian economic daily Il Sole 24 Ore. PPR, which owns Puma and is selling its retail business, could line up €4-5 billion to buy additional luxury and/or sportswear businesses. Ot ...
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Jim Davis, the chairman of New Balance, has bought two...
Jim Davis, the chairman of New Balance, has bought two properties next to the company's headquarters in Brighton, Massachusetts, reports The Boston Herald. The land, which cost $26.5 million, will be the site of a $235 million development including office buildings, a hotel, a movie theater, shops and a park. ...
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Sports Direct International has refinanced its banking arrangements to provide...
Sports Direct International has refinanced its banking arrangements to provide funding to pursue its business and strategic objectives (Editor's Note: including a presence in most European countries). It has a contracted a new three-year unsecured credit facility of £220 million (€250.6m-$353.8m) with a group of 10 banks led by HSBC, ...
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Alfa Sko and A-Sport, which has held the Alfa license...
Alfa Sko and A-Sport, which has held the Alfa license to develop and sell ski boots for extremely harsh weather conditions since 2006, are merging into a single company called Alfa Sko AS. Pål Olimb, a former marketing director of Alfa and major shareholder and general manager of A-Sport, will ...
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Shortly after Fischer announced its new strategic partnership with Halti...
Shortly after Fischer announced its new strategic partnership with Halti to develop and market Fischer branded apparel, it now says that it has teamed up with Dainese to create a collection of protective equipment for alpine skiing. The Italians will provide a collection of five co-branded protectors that will be ...
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JD Sports Fashion is close to acquiring Fenchurch, the British...
JD Sports Fashion is close to acquiring Fenchurch, the British brand of skate clothing and accessories, for about £1.5 million (€1.7m-$2.4m), according to Retail Week
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Hummel moves its headquarters from the suburbs of Aarhus to...
Hummel moves its headquarters from the suburbs of Aarhus to the centrally located harbor of the Danish city. According to the company, an open location by the sea will reinforce the essential features of its brand, described as uniqueness, creativity and innovation. In the next few years, construction projects worth ...
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More than 20 companies have reportedly looked at possibly bidding...
More than 20 companies have reportedly looked at possibly bidding for Acushnet, the golf division that Fortune Brands wants to divest, but only four are said to be likely to be part of the process. The valuation for this division, which includes Titleist and FootJoy, is given at between $800 ...
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Trevira, the German polyester producer, has two owners now. Indorama...
Trevira, the German polyester producer, has two owners now. Indorama Ventures of Bankgok has acquired a 75 percent stake in the company. Italy's Sinterama owns the balance. Trevira's former personnel director, Klaus Holz, has been appointed chief executive, replacing Uwe Wöhner who let at the beginning of this year.
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The owners of Sanfo, China's leading chain of sporting goods...
The owners of Sanfo, China's leading chain of sporting goods stores, go into the wholesale business and don't exclude a possible public offering or the sale of the retail business within two or three years to another investor …. (more in The Outdoor Industry Compass)
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Invista's plans to build a new production facility in the...
Invista's plans to build a new production facility in the Shanghai Chemical Industry Park are going forward after a recession-related delay. It should help meet the region's need for nylon 6,6 intermediates and polymer. It is currently working on an environmental impact assessment, and should start construction on the facility ...
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Bauer Performance Sports has completed its private offering, raising a...
Bauer Performance Sports has completed its private offering, raising a total of 75 million Canadian dollars (€53 m- $76m) that will be used to acquire 100 percent of the shares in Kohlberg Sports Group. The latter bought Bauer from Nike in April 2008 for US$196.7 million.
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Goode Ski Technologies, the American maker of premium carbon-fiber water...
Goode Ski Technologies, the American maker of premium carbon-fiber water and snow skis, is moving its production from China to Ogden, Utah. In the near term, this should mean 20 to 30 new employees, perhaps rising as high as 100 in the next couple of years. Ogden is also a ...
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Amer Sports is going to expand the capacity of its...
Amer Sports is going to expand the capacity of its Pamporovo ski factory in Chepelare, Bulgaria, over the next three years, and expects to spend about $5.5 million on the effort. The expansion should increase capacity to about 900,000 to one million pairs per year, representing about two-thirds of the ...
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The board of directors of Amer Sports has decided to...
The board of directors of Amer Sports has decided to increase the annual dividend to 30 cents of a euro per share for its improved 2010 results from 16 cents of a euro in the previous year. The board has also confirmed Anssi Vanjoki and Ilkka Brotherus in their current ...
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More and more names make it into the buzz about...
More and more names make it into the buzz about the sale of Jack Wolfskin. Most recently, a couple of names were said to be in the race, including VF Corporation, the parent company of The North Face. The latest candidate mentioned by the German press is an interesting one: ...
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Avance Diffusion, the French group that owns Degré 7, has...
Avance Diffusion, the French group that owns Degré 7, has agreed to acquire some of the assets of Clayeux, a small French brand of children's wear. The group, which reached sales of €23 million, is planning to launch a children's line called Dégré 7 by Clayeux.
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Jarden Corp. raises its annual dividend by 5%
Jarden Corp. raises its annual dividend by 5%
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Carhartt, the 122-year-old maker of work clothes, has made a...
Carhartt, the 122-year-old maker of work clothes, has made a deal with CenterStone Technologies, which will begin providing Carhartt with its web-based B2B e-commerce software, iVendix Software-as-a-Service, allowing retailers in North America to order and sales reps to check product availability
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Head announced that it has spent €4,169,119 to buy back...
Head announced that it has spent €4,169,119 to buy back nearly 8.9 million of its shares, equal to 10.06 percent of Head N.V.'s share capital. The acquired shares will be used to fulfill Head's outstanding obligations under its stock option program.
