More corporate news – Page 140
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Naibu Global International, a Chinese sportswear company whose orange logo...
Naibu Global International, a Chinese sportswear company whose orange logo resembles that of Nike, is said to be seeking a listing on the Alternative Investment Market (AIM) of the London Stock Exchange next month. It would like to float about half of its equity, valuing the 10-year-old Fujian company at ...
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Hero Cycles, the leading Indian bicycles producer, intends to double...
Hero Cycles, the leading Indian bicycles producer, intends to double its capacity to about 10 million units per year by 2015, after it reportedly clinched a huge supply deal with Walmart. The Business Standard reports that Hero Cycles already supplied bicycles to the cash-and-carry stores owned by Walmart in India, but ...
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VF Corp. has sold its stake in the fashion company...
VF Corp. has sold its stake in the fashion company of John Varvatos to Lion Capital
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Billabong International's board of directors announced yesterday that it has...
Billabong International's board of directors announced yesterday that it has rejected a revised takeover offer by TPG Capital, a subsidiary of Texas Pacific Group. The new proposal calls for the same indicative price of 3.00 Australian dollars per share that the American equity fund had offered before Billabong came out ...
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Devanlay, the global license holder for Lacoste, is hiring more...
Devanlay, the global license holder for Lacoste, is hiring more than 200 people in production as it relaunches the brand. The hiring, taking place over the next two years, will increase the company's workforce by 20 percent. Devanlay told just-style.com that all of the jobs will be in positions across ...
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Exceed Company, the Chinese owner of the Xidelong brand of...
Exceed Company, the Chinese owner of the Xidelong brand of sportswear, has put down a $7.4 million deposit toward the purchase of a land parcel of 400,000 square meters in Ruichang, Jiangxi Province. The company intends to set up a new operating subsidiary there as well as a new production ...
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In yet another acquisition in the fashion sector, JD Sports...
In yet another acquisition in the fashion sector, JD Sports Fashion has reportedly taken over Fly53, a British brand of young men's apparel
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Adding a fifth property to its roster of apparel brands,...
Adding a fifth property to its roster of apparel brands, Perry Ellis has acquired the global intellectual rights to the Ben Hogan brand for apparel and accessories from Callaway Golf. The deal, whose price was not disclosed, covers South Korea and Japan as well. Perry Ellis is already the licensee ...
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Indicating that it is discussing possible acquisitions of outdoor companies...
Indicating that it is discussing possible acquisitions of outdoor companies in the $25-50 million range, Black Diamond Equipment Inc. said it intends to issue 7.75 million new shares, priced at $7.50, to obtain gross proceeds of about $58.1 million. It is also granting an option to purchase an additional 1,162,500 ...
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The shareholders of Hot Tuna have approved all the resolutions...
The shareholders of Hot Tuna have approved all the resolutions presented to them, including the sale of the Hot Tuna brand name and some of its inventory to Sports Direct International for £950,000 (€1.1m-$1.5m). As a result, the British surfwear company is winding down all its operations in the U.K., ...
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Alpargatas, the big Brazilian shoe company that owns the Havaianas...
Alpargatas, the big Brazilian shoe company that owns the Havaianas and Topper brands, is considering acquisitions abroad, according to the Bloomberg news agency. It also intends to expand into new markets in Asia and to boost its distribution operations in other countries such as the U.K. and the U.S. While ...
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Anxious to expand its market position in the U.K., Décathlon...
Anxious to expand its market position in the U.K., Décathlon confirms a report that it studied the possible acquisition of some of the British megastores of Best Buy, the big American specialty retailer of consumer electronics. However, another retailer, Morrisons, has bought them instead for its Kiddicare chain of children's ...
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Pon Holdings, the Dutch-based international trading and service company that...
Pon Holdings, the Dutch-based international trading and service company that recently acquired Derby Cycle, Gazelle and Cérvelo, has grouped these assets into a newly created Pon Bicycles Business Group, according to Bike Europe. It will be based in the German town of Cloppenburg, where Derby has its head office. The ...
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Amer Sports has been informed that Orkla of Norway has...
Amer Sports has been informed that Orkla of Norway has reduced its holdings in the Finnish group below 5 percent of the total equity, down to 3.2 percent as of Feb. 6. Orkla was previously a major investor in Viking and Helly Hansen, among other companies. The Norwegian fund bought ...
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Exceed Company, the Chinese owner and operator of the Xidelong...
Exceed Company, the Chinese owner and operator of the Xidelong brand of sportswear from Fujian, has extended the date for the expiration of its existing US$10 million share repurchase program from Feb. 14 to Aug. 14. It has already spent $2.1 million under the scheme and still has $7.9 million ...
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Minestone Limited, a European investment firm, has bought Marin Bikes,...
Minestone Limited, a European investment firm, has bought Marin Bikes, a privately held company. On the company's blog, Robert Buckley, the president and founder of Marin, said that the purchase would allow the bike company to invest more in product innovation, marketing and human resources. The company will still be ...
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Kevin Plank, the chief executive of Under Armour, has sold...
Kevin Plank, the chief executive of Under Armour, has sold 135,000 shares in the company for $10.67 million. He still has 11.06 million shares worth about $900 million.
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Phil Knight has declared to the U.S. Securities & Exchange...
Phil Knight has declared to the U.S. Securities & Exchange Commission that it owned 67,104,745 shares in Nike as of last Dec. 31, or 15.41 percent of its Class A and B stock. An additional 3,509,800 shares were held by his wife, by a couple of partnerships in which he ...
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Orange 21, parent company of Spy Optics, has changed its...
Orange 21, parent company of Spy Optics, has changed its name to Spy Inc., reflecting its decision to concentrate on this brand
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Since Jacques Krauze left his position at the head office...
Since Jacques Krauze left his position at the head office of Courir, the retail chain owned by Groupe Go Sport, several months ago, he has formed his own consulting firm, Creative Retail and Merchandising
