More corporate news – Page 130
-
News briefs
Pull-In is not going to merge as previously planned with...
Pull-In is not going to merge as previously planned with Coalision, the Canadian group that owns the Orage and Lolë brands. Pull-In is a French brand of underwear founded by Emmanuel Lohéac, a former manager of DC Shoes. He wanted to join forces with Bernard Mariette, former president of Quiksilver ...
-
News briefs
Patric Sport, the Spanish company that owns and markets the...
Patric Sport, the Spanish company that owns and markets the Rox brand of sports apparel, is ran into bankruptcy proceedings last December, according to Tradesport. Rox, which went bankrupt before, had been one of the leading sports brands in Spain in the 1980s and 1990s.
-
News briefs
Boa Technology, the maker of the patented Boa Closure System,...
Boa Technology, the maker of the patented Boa Closure System, has announced that it will open an office in Europe in 2013. The precise location of the new office is not yet finalized. The company currently has offices in Steamboat Springs and Denver, Colorado, as well as Chiba, in Japan, ...
-
News briefs
OrthoLite has inaugurated its first factory in Vietnam, which is...
OrthoLite has inaugurated its first factory in Vietnam, which is set to produce about 3 million pairs of open-cell foam insoles per month. The new 13,000-square-meter facility is located in Thuan An Town, in the Binh Duong province, one of the biggest industrial areas in the country and about 45 ...
-
News briefs
Gio-Goi, an urban fashion brand partly owned by the Pentland...
Gio-Goi, an urban fashion brand partly owned by the Pentland Group, went into administration (a form of bankruptcy) last week. The Guardian reports that Sports Direct International (SDI), the largest British sports retailer and wholesaler, is in talks to acquire the brand. SDI, which has been diversifying into fashion, already bought ...
-
News briefs
Sole Technology, the group selling action sports brands from Etnies...
Sole Technology, the group selling action sports brands from Etnies to Emerica, Altamont and ThirtyTwo, has moved into a new European head office in the Houthavens district of Amsterdam. The company first set up its European office in the Dutch capital in 2007, but the new building is equipped with ...
-
News briefs
Sergio Tacchini has informed its Spanish customers that it is...
Sergio Tacchini has informed its Spanish customers that it is shutting down its 28-year-old Spanish sales subsidiary. As previously reported in SGI Europe, the Italian brand is reorganizing operations internationally, seeking licensees for all its products with the help of IMG.
-
News briefs
Sequential Brands Group has announced that it has closed the...
Sequential Brands Group has announced that it has closed the merger of Heelys into a subsidiary of Sequential. The company had entered into an agreement, dated Dec. 7, 2012, to acquire Heelys through a merger process, subject to a number of terms and conditions that have since been fulfilled. The approval ...
-
News briefs
Vittoria Industries, the Italian maker of tires for bicycles, has opened...
Vittoria Industries, the Italian maker of tires for bicycles, has opened a new tire compound factory near Bangkok employing about 60 people. This will be the first facility for a tire maker to use Nanographyte in its compounds. Developed by Directa Plus S.p.A., with which Vittoria has a joint venture, Nanographyte ...
-
News briefs
The Accell Group in the Netherlands, which owns a slew...
The Accell Group in the Netherlands, which owns a slew of bicycle and fitness brands, said that it would quit producing and assembling bicycles at the Raleigh plant in Canada this year. Accell bought the Raleigh Cycle group last year, partly to expand its business in North America. About 135,000 ...
-
News briefs
An American investment company, Open Gate Capital, has acquired Zodiac...
An American investment company, Open Gate Capital, has acquired Zodiac Plaisance, known internationally as Zodiac Recreational, which claims to be the world's leading supplier of rigid inflatable boats, also distributed under the Avon and Bombard brand names. Including the manufacture of multi-layer insulations for satellites and stratospheric balloons, the French-based ...
-
News briefs
Joma's intranet is said to have registered a doubling in traffic over...
Joma's intranet is said to have registered a doubling in traffic over the last year, with particularly strong rates of participation by clients in Europe, according to an article in Tradesport. They use it to check the availability of the merchandise in real time, to place orders, to follow their execution and to ...
-
News briefs
Rumors continue to abound in Britain about the new investment...
Rumors continue to abound in Britain about the new investment intentions of Mike Ashley, the majority shareholder of Sports Direct International (SDI), which is the leading British sports retailer and wholesaler. The most recurrent reports are that he wants to acquire House of Fraser, a British chain of department stores. ...
-
News briefs
Shares of Skullcandy, the headphone maker, received a little support...
Shares of Skullcandy, the headphone maker, received a little support last week amid talk that it may be a takeover target. Nike was among the potential suitors listed by Bloomberg, along with Sony, Samsung, Microsoft and Bose. The company's shares were listed in July 2011 at an initial offering price ...
-
News briefs
Converse is moving its world headquarters about 30 miles down...
Converse is moving its world headquarters about 30 miles down the road to Boston, leaving its former spot in North Andover, Massachusetts. The new space is being developed by Related Companies and the Beal Companies in the North End area of the city, as part of the Lovejoy Wharf project. ...
-
News briefs
K2 Sports has added a 16th brand to its portfolio...
K2 Sports has added a 16th brand to its portfolio with the acquisition of Backcountry Access, an innovative supplier of snow safety and backcountry ski equipment including avalanche airbags and beacons, shovels, probes, backcountry packs and snow climbing skins. Founded in 1994, the company's staff will remain based in Boulder, Colorado. It will ...
-
News briefs
On Dec. 10, FMR, a large equity fund known as...
On Dec. 10, FMR, a large equity fund known as Fidelity Investments, became the second-largest shareholder of Accell Group when its stake in the company surpassed 10 percent. Accell, whose stockmarket value had been in a decline, saw its share rating climb after the investment. As of July 2011, FMR ...
-
News briefs
Derby Cycle should be delisted from the Frankfurt Stock Exchange,...
Derby Cycle should be delisted from the Frankfurt Stock Exchange, since Pon Holding Germany, a fully-owned subsidiary of Pon Holdings in the Netherlands, became the sole shareholder of the German bicycle group. Pon already owned more than 95 percent of Derby and a squeeze-out was agreed at a shareholders' meeting ...
-
News briefs
Cocona has raised $15 million in a new round of...
Cocona has raised $15 million in a new round of equity financing to help streamline its operations, expand its product line, develop new applications for its technology and build up its brand. A new minority shareholder, controlled by H.I.G. Growth Partners, has emerged through the deal. Two earlier minority investors, ...
-
News briefs
A consortium headed by Paul Naude, the former head of...
A consortium headed by Paul Naude, the former head of Billabong International's Americas business, has been allowed to carry out due diligence on the troubled Australian company with an eye to a possible buyout. Naude, partnering with Sycamore Partners and Bank of America Merrill Lynch, laid a bid of ...
