All Corporations articles – Page 95
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Rihanna, the pop star who was recently named creative director...
Rihanna, the pop star who was recently named creative director at Puma, is said to be planning to open a fashion house under her name, in collaboration with the LVMH luxury group
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RTE, a Portuguese bike manufacturer that works only for Decathlon,...
RTE, a Portuguese bike manufacturer that works only for Decathlon, operating the biggest European bicycle assembly plant in Europe, has announced that it will open a bike manufacturing facility in Poland in 2021. The group already makes between 1.2 and 1.4 million units a year for Decathlon in Portugal. The ...
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Trerè Innovation, a big Italian knitwear manufacturer that works with...
Trerè Innovation, a big Italian knitwear manufacturer that works with Armani and Rossignol, is building a new research center at its headquarters in Asola. Called Areas – an acronym for Academy Research and Engineering for Apparel in Sports – the center is the result of a partnership with CeRiSM, the ...
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Skechers USA has begun to expand its headquarters in California....
Skechers USA has begun to expand its headquarters in California. The project, overseen by David Forbes Hibbert of DFH Architects, will feature a design center of 100,000 square feet, add new executive offices along the Pacific Coast Highway in Hermosa Beach, double the offices, design studios and showrooms in the ...
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Ciesse Piumini was back at Pitti Immagine Uomo in Florence...
Ciesse Piumini was back at Pitti Immagine Uomo in Florence in January, after a ten-year absence from the trade show. The brand presented a capsule collection which takes inspiration from the 1980s' fashion trends. The Italian brand has plans to considerably expand its exports, currently accounting for only 10 percent ...
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Mike Ashley, the insatiable controlling shareholder of Sports Direct International,...
Mike Ashley, the insatiable controlling shareholder of Sports Direct International, is said to have made an offer for the acquisition of HMV, a financially weak chain of 125 music stores in the U.K.
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Discovery, the American non-fiction entertainment company and owner of the...
Discovery, the American non-fiction entertainment company and owner of the Discovery Channel, announced on Jan. 8 that it is taking a controlling stake of 71 percent in the Play Sports Group, to create world's top “cycling media ecosystem.” Based in the U.K., Play Sports owns six cycling media channels – ...
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In order to facilitate its acquisition by Anta Sports Products...
In order to facilitate its acquisition by Anta Sports Products and other investors, Amer Sports amended its statutes at a previously planned extraordinary shareholders meeting on Jan. 23. A clause on a shareholder's obligation to redeem shares was removed. Also, the members of the board of directors will no longer ...
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Foot Locker has invested $2 million in Pensole Inc., which...
Foot Locker has invested $2 million in Pensole Inc., which runs the Pensole Footwear Design Academy. Founded in 2010 by D'Wayne Edwards, former director of design at Nike's Jordan Brand, Pensole offers prospective footwear designers free tuition and a learn-by-doing curriculum. Some 400 alumni are currently at work in the ...
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Edwin Haid and Quirin Kammerer have acquired 100 percent of Pro-X-Elements,...
Edwin Haid and Quirin Kammerer have acquired 100 percent of Pro-X-Elements, the manufacturer of outdoor apparel. The previous owner, Matthias Cramer, sold all of his shares to the new shareholders on Dec. 1, 2018. Haid and Kammerer will manage the company together as managing partners. As former executives at Jeantex, a ...
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Polygiene is planning to open a new subsidiary in Hong...
Polygiene is planning to open a new subsidiary in Hong Kong. The Swedish odor-control specialist said the move is aimed at further strengthening its presence in Asia, which it considers an important market both for now and the future.
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Badger Sport has suspended orders at one of its Chinese...
Badger Sport has suspended orders at one of its Chinese suppliers following media reports that garments were being made with forced labor from people detained in Xinjiang's internment camps. Badger, based in Statesville, North Carolina, provides sports apparel to wholesalers and sports teams across the U.S. An investigative report by ...
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Under Armour wants to remain committed to its original identity...
Under Armour wants to remain committed to its original identity as a performance brand, in the midst of the athleisure trend that has been characterizing the sportswear market over the last few years. In an interview with the Financial Times, Kevin Plank, the company's founder and chief executive, said that ...
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A consortium of investors led by Anta Sports Products, China's...
A consortium of investors led by Anta Sports Products, China's largest sporting goods company, commenced a public cash tender offer for all the shares of Amer Sports on Dec. 20, following the approval of their bid by Amer's board of directors and. unanimously recommending that its shareholders should accept the ...
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Newell Brands has announced the completion of the divestiture of...
Newell Brands has announced the completion of the divestiture of Pure Fishing to Sycamore Partners and of Jostens to Platinum Equity. The total expected net proceeds of $2.5 billion after taxes will be used to pay down debt and buy back shares. The remaining assets include the Coleman Group and ...
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Confirming a report in Angling International, the JD Sports Fashion...
Confirming a report in Angling International, the JD Sports Fashion group said it is taking over Fishing Republic, a chain of 14 fishing tackle stores in the U.K. The management pointed out, however, that the group has only acquired the trade and assets from the administrators of the chain, which ...
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Crocs has agreed to repurchase the preferred convertible shares of...
Crocs has agreed to repurchase the preferred convertible shares of Blackstone Capital Partners, which had acquired them in 2014 as part of a $200 million investment in the company. Crocs will buy back half of the preferred shares at $26.64 each for a total of $183.7 million. The other half ...
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New Balance has announced plans to open an advanced manufacturing...
New Balance has announced plans to open an advanced manufacturing facility in Methuen, Massachusetts. The new plant, which is expected to start operations within the next 12-18 months, will complement the company's existing factory in Lawrence, also in Massachusetts. The new facility will include advanced manufacturing, R&D and 3D printing ...
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Adidas has announced the start of the second tranche of...
Adidas has announced the start of the second tranche of a multi-year share buyback program launched last March. The group plans to repurchase around €800 million worth of its own shares during 2019. It already spent last year €1 billion to buy back 5.1 million shares, corresponding to 2.5 percent ...
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Callaway Golf has completed its €418 million acquisition of Jack...
Callaway Golf has completed its €418 million acquisition of Jack Wolfskin
