All Corporations articles – Page 89
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Toru, an autonomous robot that Zalando is using to pick...
Toru, an autonomous robot that Zalando is using to pick shoe boxes from the shelves of its warehouses, has completed its test phase at the German e-tailer's logistical hub in Erfurt, Germany. Next up are a pilot phase at the company's warehouse in Lahr and, if that is successful, deployment ...
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Mike Ashley, chief executive and majority shareholder of Sports Direct...
Mike Ashley, chief executive and majority shareholder of Sports Direct International, reportedly managed to get all resolutions passed at the company's annual general meeting last week, where the media were banned from attending. He refused to accept an independent review of corporate governance as all the major auditing firms have ...
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Wolverine Worldwide's board has approved a share repurchase program which...
Wolverine Worldwide's board has approved a share repurchase program which will return $400 million to shareholders over the next four years. The footwear group said it will repurchase shares as appropriate and in compliance with any restrictions contained in the company's credit agreements.
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Mascot Bidco Oy, the investment consortium led by Anta Sports...
Mascot Bidco Oy, the investment consortium led by Anta Sports Products, reports that it has gained title to all the shares in Amer Sports through the redemption of those that had not been tendered already. The stock was de-listed from the Nasdaq Helsinki exchange on Aug. 23.
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Dennis James “Chip” Wilson's investment in China's Anta Sports Products...
Dennis James “Chip” Wilson's investment in China's Anta Sports Products has paid off handsomely. The billionaire founder of Lululemon had paid $100 million to buy a 0.59 percent stake in the big and fast-growing Chinese company in May 2018. Shares in the Chinese company have risen strongly since then, along ...
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Nike has announced that it will name the newest building...
Nike has announced that it will name the newest building in the expansion of its world headquarters in Beaverton after LeBron James, the NBA legend, two-time Olympic gold medalist and a Nike athlete since 2003. It is the sixth new building at the company's world campus since it started an ...
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Cole Haan, the American footwear brand sold by the Nike...
Cole Haan, the American footwear brand sold by the Nike group to Apax Partners in 2013, is readying a public offering on the stock exchange, according to Bloomberg. The news agency reported that the company's revenues rose by 14 percent to €687 million in the financial year ended in June ...
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The Alibaba Group's charismatic founder and chairman, Jack Ma, has...
The Alibaba Group's charismatic founder and chairman, Jack Ma, has retired at the age of 55. Ma, who founded the Chinese online giant 20 years ago, plans to spend more time on philanthropy and education, and with his family. Daniel Zhang, the company's chief executive, will take over the chairman's ...
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Arena has announced the acquisition of the global trademark rights...
Arena has announced the acquisition of the global trademark rights for Diana, a less well-known Italian brand of swimwear founded in 1947. Diana started off with lingerie and began to produce swimwear in 1955. It created the first swimsuits and accessories for water polo. It subsequently introduced one-piece swim suits ...
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Bollé Brands has acquired the Spy Optica brand of action...
Bollé Brands has acquired the Spy Optica brand of action sports eyewear. The terms of the takeover were not disclosed. Founded in Southern California in 1994, Spy went public but struggled for a while. Bollé Brands is the new company founded after the acquisition of Bollé, Serengeti, Cébé and H2Optics ...
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Hestra, the Swedish maker of sports gloves, has doubled its...
Hestra, the Swedish maker of sports gloves, has doubled its headquarters in the U.S. by relocating to a new building in Arvada, Colorado. The premises measure 32,000 square feet and host the company's corporate offices, warehouse and U.S. showroom, which can display more than 400 models of gloves. The building ...
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LIR, the family holding company that controls Geox and Diadora...
LIR, the family holding company that controls Geox and Diadora as well real estate assets through Domicapital, has confirmed a report that it is now open to targeted acquisitions. In an interview with the Italian daily Il Gazzettino, Mario Moretti Polegato, chairman and founder of Geox, said that LIR, which ...
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Sports Direct plans to close at least eight of the...
Sports Direct plans to close at least eight of the Jack Willis stores that it recently bought in pre-packaged bankruptcy proceedings
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Columbia Sportswear has purchased three buildings from Electro Scientific Industries...
Columbia Sportswear has purchased three buildings from Electro Scientific Industries (ESI), a firm specialized in laser applications. All lie within a quarter-mile of Columbia's current headquarters in Washington County, Oregon, and will expand it. The additional 200,000 square feet of space are costing about $33 million. The first building should ...
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Last April Snipes, the sneaker retail chain that has belonged...
Last April Snipes, the sneaker retail chain that has belonged to the Deichmann group since 2011, took over Kicks USA, a retail chain specializing in sneakers, athletic shoes and clothing, with 64 stores in eastern part of the U.S. Now it has acquired Mr. Alan's Men's Bootery, another sneaker chain based in ...
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Sports Direct has announced that Grant Thornton, its auditor since...
Sports Direct has announced that Grant Thornton, its auditor since 2007, has decided to quit. Grant Thornton's resignation will come into effect on Sept. 11, the date of Sports Direct's next annual shareholders meeting.
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Trading in Amer Sports shares in Nasdaq Helsinki was suspended...
Trading in Amer Sports shares in Nasdaq Helsinki was suspended on Aug. 26 as the Mascot Bidco consortium got permission to redeem all minority shares not yet tendered
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Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen...
Alpargatas, the Brazilian owner of such brands as Havaianas, Osklen and Dupé, is selling its Argentinian subsidiaries for the equivalent of about €3.3 million. The deal follows an agreement that the Brazilian footwear manufacturer reached in September 2018 to sell 22.5 percent of the businesses behind its Topper brand, both ...
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AG Motors has inaugurated a factory for aluminum bicycle frames...
AG Motors has inaugurated a factory for aluminum bicycle frames – Europe's second such facility – in the Polish city of Podgrodzie. According to Bike Europe, this makes the 10-year-old company the first producer able to manufacture a complete aluminum frame in a single uninterrupted welding process, thanks to developments ...
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Accell Group has sold the e-bike development brands Protanium and...
Accell Group has sold the e-bike development brands Protanium and Diavelo to a new Swiss company. Protanium GmbH, based in Zurich and headed by Karin Vogelsanger as chief executive and managing partner, has been founded for this take-over. Protanium GmbH will continue to operate the Diavelo e-bike brand. The company ...
