More corporate news – Page 112
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News briefs
JD Sports Fashion has announced that it has sold Bank,...
JD Sports Fashion has announced that it has sold Bank, its struggling fashion arm, to a subsidiary of Hilco Capital, a restructuring specialist, for an undisclosed amount. The British retailer said the deal would recover a “substantial” amount of its inter-company loan, the exact details of which will be confirmed ...
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Accell Group has announced that it is in talks to...
Accell Group has announced that it is in talks to buy Cycle Service Nordic, a Danish distributor of bike parts and accessories. The expected takeover would further strengthen Accell's position in the Nordic countries, where it already owns Tunturi-Hellberg in Finland. Cycle Service Nordic, with an annual turnover of around ...
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Amer Sports signed on Dec. 2 an agreement for a...
Amer Sports signed on Dec. 2 an agreement for a €150 million syndicated revolving credit facility for the next five years. Negotiated at favorable terms, it will be used for general corporate purposes including the refinancing of a €200 million syndicated loan obtained in 2011, which has now been terminated ...
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Sports Direct and JD Sports Fashion are reportedly looking at...
Sports Direct and JD Sports Fashion are reportedly looking at the possible acquisition of Kitbag, a British firm that produces replica football strips for Manchester United and other teams
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Fletchers Sports Brands has renamed itself as Sunice after its...
Fletchers Sports Brands has renamed itself as Sunice after its main product line, and will launch a new website and corporate identity early next year
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ATK has set a new date of Jan. 27, 2015...
ATK has set a new date of Jan. 27, 2015 for shareholders to meet and vote on proposals to spin off its sporting goods business, including Bushnell, and to merge the rest of the group with Orbital Sciences
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Quiksilver has reached a definitive agreement to sell its majority...
Quiksilver has reached a definitive agreement to sell its majority stake in its U.K.-based online store, Surfdome Shop, to Surfstitch, the Australian online action sports retailer in which Billabong International held a 51 percent majority stake until August 2013. Under the agreement, Quiksilver will get about US$16 million for its ...
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Altamont Capital says it has made an investment in Huf...
Altamont Capital says it has made an investment in Huf Worldwide, the American brand of skate and street shoes founded in 2002 by a professional skater, Keith Hufnagel. It has also announced a partnership with Brixton, a California lifestyle apparel brand founded in 2004. Altamont is the San Francisco-based investment ...
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El Segreto del Mar has gone into liquidation. The Spanish...
El Segreto del Mar has gone into liquidation. The Spanish company had been performing very well in the past decade as the parent of the El Niño, which it had built into a major local surf and action sports label. The company was founded in 2002 by Javier Guerra, a ...
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GoPro, the American action camera company that went public in...
GoPro, the American action camera company that went public in June, raising $427 million, says it is planning a secondary offering worth a total of $800 million. Existing shareholders would sell shares worth $700 million and the balance of $100 million would come from newly issued shares. The additional funds ...
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Compass Diversified Holdings (Codi) has launched a secondary offering of...
Compass Diversified Holdings (Codi) has launched a secondary offering of trust shares intended to raise up to $125 million to repay a portion of its credit facility. Codi is the parent company of Camelbak Products, Ergobaby and Liberty Safe. It is also a minority shareholder in Fox Factory, which is ...
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Calida, the Swiss-based owner of the French Lafuma Group, is...
Calida, the Swiss-based owner of the French Lafuma Group, is reportedly discussing the sale of Oxbow
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Décathlon confirms that its parent company has changed its name...
Décathlon confirms that its parent company has changed its name from Oxylane back to Décathlon
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Sports Direct has raised its stake in Debenhams to 12.7%...
Sports Direct has raised its stake in Debenhams to 12.7%
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The Danish branch of Nordea Funds Oy has raised its...
The Danish branch of Nordea Funds Oy has raised its stake in IC Group to 5.0009% of the issues shares and voting rights
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Italy's Casa Editrice Scode has placed its consumer-oriented ski magazine,...
Italy's Casa Editrice Scode has placed its consumer-oriented ski magazine, Sci, into liquidation
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Cycling World, the leading U.K. publication for leisure and touring...
Cycling World, the leading U.K. publication for leisure and touring cycling, is launching Cycling World Ireland
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Pacific Brands of Australia has reportedly received an offer for...
Pacific Brands of Australia has reportedly received an offer for its Volley brand of tennis shoes
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Super Retail Group of Australia has reportedly indicated that it...
Super Retail Group of Australia has reportedly indicated that it is not interested in strategic partnerships with foreign retail groups such as Intersport or Sports Direct
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News briefs
Oxylane, the parent company of Décathlon, is changing its name...
Oxylane, the parent company of Décathlon, is changing its name back to Décathlon. The big French-based sports retailing group had decided to call itself Oxylane in March 2008 to act as the umbrella organization for many different specialty stores, but most of its international development has continued under the Décathlon ...
