All Corporations articles – Page 90
-
News briefs
Li & Fung has sold a 21.7 percent stake in...
Li & Fung has sold a 21.7 percent stake in its rather sophisticated LF Logistics business to a Singapore-based investment company, Tomaskek, for $300 million to help expand its operations in Asia and improve its own capital structure. The group saw its revenues decline by 8.4 percent on an organic ...
-
News briefs
Lenzing is cooperating with JDA Software to digitize its supply...
Lenzing is cooperating with JDA Software to digitize its supply chain. The company's goal is to create an end-to-end planning process that precisely matches demand and supply. The JDA Sales & Operations Planning software was recently deployed across Lenzing's operations in production as well as sales, marketing and finance. With JDA's ...
-
News briefs
Chang Shin, a South Korean footwear manufacturer that works for...
Chang Shin, a South Korean footwear manufacturer that works for Nike, has invested $100 million in the Vietnamese province of Dong Nai. The company handles design and product development at its headquarters in Korea and manufactures about 90 million pairs of shoes annually in China, Indonesia and Vietnam.
-
News briefs
Mike Ashley likes to go for struggling retail operations, despite...
Mike Ashley likes to go for struggling retail operations, despite his fiasco with his investments in Debenhams and House of Fraser. His company, Sports Direct International, has acquired the brand and other assets of Jack Wills, a British chain of upscale fashion stores catering to young people, for £12.75 million ...
-
News briefs
Lew's Holdings Corporation, an American supplier of fishing and hunting...
Lew's Holdings Corporation, an American supplier of fishing and hunting gear, is acquiring Fox International, Europe's largest privately owned fishing tackle company, with headquarters in Brentwood, Essex. The deal is subject to regulatory approvals and closing conditions, and the financial terms remain undisclosed. The two companies will be retaining their ...
-
News briefs
A private investment firm, Black Rock, has agreed to put...
A private investment firm, Black Rock, has agreed to put up $875 million to buy a stake in the Authentic Sports Group (ABG), according to the Wall Street Journal, valuing the company at around $4 billion. It will apparently replace Leonard Green Partners as the largest shareholder in the American ...
-
News briefs
Nike has made another acquisition to boost its consumer-direct initiative....
Nike has made another acquisition to boost its consumer-direct initiative. After taking over a data analytics firm, Zodiac, and a developer of body-scanning technology, Invertex, it has acquired Celect, an American company that uses artificial intelligence to analyze retail data and predict future consumer purchases and the related allocations of ...
-
Short stops
China's Xtep has closed the acquisition of K-Swiss, Palladium and...
China's Xtep has closed the acquisition of K-Swiss, Palladium and Supra from Korea's E-Land
-
News briefs
Evoc Sports has acquired Tranzbag, a Swiss maker of foldable...
Evoc Sports has acquired Tranzbag, a Swiss maker of foldable bicycle transportation bags. Tranzbag was founded 25 years ago by Bendicht Luginbühl, a Bernese bike pioneer and media professional who is considered the inventor of the foldable, serially manufactured bicycle transport bag. Evoc, based in Munich, specializes in protective sports ...
-
News briefs
In response to strengthening local demand, Velomotors is investing 400...
In response to strengthening local demand, Velomotors is investing 400 million rubles (€5.5m-$6.1m) in a factory in Kransnodar Krai in the southern part of Russia with an intended production capacity of 300,000 bicycles per year. Making use of an abandoned plant, the project is important because it is the first ...
-
News briefs
Didriksons has recently invested in a new headquarters in Borås, Sweden,...
Didriksons has recently invested in a new headquarters in Borås, Sweden, as well as in a new warehouse. The Swedish brand of rain and functional apparel was taken over in August 2018 by Adelis Equity Partners, an investment fund that acquired a majority stake from another fund managed by Herkules Capita. The parent company ...
-
News briefs
The District Court of Dortmund ordered the opening of insolvency...
The District Court of Dortmund ordered the opening of insolvency proceedings and the continuation of Sport Voswinkel's self-administration on July 25. Sport Voswinkel is a chain of 72 stores throughout Germany. It has been a member of Intersport Germany since 1989 and a subsidiary of the voluntary group since 2003. ...
-
News briefs
Nike is reportedly contemplating strategic options including the divesture of...
Nike is reportedly contemplating strategic options including the divesture of Hurley, the group's boardsports apparel brand. The information came just after that of the appointment of John Schweitzer as Hurley's chief executive and chief financial officer. He is replacing Bob Coombes, who was made general manager in 2015, with the ...
-
News briefs
The Tecnica Group has just completed two transactions to strengthen...
The Tecnica Group has just completed two transactions to strengthen its market position in outdoor footwear. The Italian sports group has increased its stake in Lowa from 60 percent to 75 percent, purchasing the new shares from the family of Renzo Castellani, the owner of a company, Riko Sport, that ...
-
News briefs
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 ...
-
Short stops
Macron has announced the start of the construction work for...
Macron has announced the start of the construction work for its new 22,000-square-meter headquarters in Valsamoggia, near Bologna, which is expected to be opened in 2020
-
News briefs
Nike has announced that it is going ahead with the...
Nike has announced that it is going ahead with the construction of a new Nike Air Manufacturing Innovation (Air MI) facility in Goodyear, Arizona, generating more than 500 full-time jobs in a state that has shown hostility toward the company's commitment to diversity. The state's governor, Doug Ducey, withdrew a ...
-
Short stops
The Wassermann Media Group, which represents numerous sports properties including...
The Wassermann Media Group, which represents numerous sports properties including the victorious U.S. women's football team, is reportedly discussing the acquisition of a similar French-based group, Lagardère Sports and Entertainment, for a purchase price in the range of $250 million to $300 million
-
News briefs
Just as we are going to press, we hear that...
Just as we are going to press, we hear that Kjus, the premium Swiss brand of ski and golf clothing, is being acquired by Acushnet Holdings, the golf equipment group controlled by Fila Korea. Kjus' founder, Didi Serena, and his son Nico are expected to continue to be involved in ...
-
News briefs
Go Sport has sold Tool Fitness to Netquattro, a French...
Go Sport has sold Tool Fitness to Netquattro, a French company specializing in the design and marketing of fitness equipment, training apparel and food supplements. Tool Fitness is a B2B and B2C online retailer of fitness equipment. Go Sport had acquired it in 2015.
