More corporate news – Page 74
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According to a recent report from GlobalData, published by Retail...
According to a recent report from GlobalData, published by Retail Insight, entities controlled by Mike Ashley, the billionaire chief executive of Sports Direct International, now account for 3.2 percent of all non-food retail spending in the U.K. Since founding Sports Direct in 1982, Ashley has purchased one distressed company after ...
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Shandong Ruyi Investment Holding, the Chinese textile and apparel group,...
Shandong Ruyi Investment Holding, the Chinese textile and apparel group, has completed the acquisition of Invista's Apparel & Advanced Textiles unit and is making it into an independent subsidiary called The Lycra Company. The entity will continue to produce the chemicals, fibers and textiles for which it is known. Chief ...
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Marmot Mountain Europe has moved into new headquarters in Frankfurt....
Marmot Mountain Europe has moved into new headquarters in Frankfurt. The U.S. outdoor brand has concluded an internal restructuring that began with its acquisition by Newell Brands in 2016. The parent company has sought to anchor the brand more firmly in its outdoor and recreation division. Jan Schapmann remains Marmot's ...
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A private equity fund, Equinox Partners, has reportedly signed...
A private equity fund, Equinox Partners, has reportedly signed an agreement in principle to acquire a 40 percent stake in Manifattura Valcismon, the Italian family-owned company that owns three important brands of sports apparel: Castelli for cycling, Karpos for hiking and trekking, and Sportful for cycling and Nordic skiing. The ...
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Laurent Vanat, the authoritative consultant based in Switzerland, has put...
Laurent Vanat, the authoritative consultant based in Switzerland, has put out a call for crowdfunding of the forthcoming 2019 issue of his International Report on Snow & Mountain Tourism, which is due to be released in April. Contributors of any amount over the technical minimum will be listed in the ...
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Wolverine Worldwide has upgraded its campus, adding a new fitness...
Wolverine Worldwide has upgraded its campus, adding a new fitness facility as well as day care and dog care services
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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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Puma will relocate the personnel currently working at its two...
Puma will relocate the personnel currently working at its two U.S. offices in Boston and Westford, Massachusetts, to a single new headquarters for North America in the same state. The new office will occupy five floors, or about half of a 300,000-square-foot building scheduled for construction in Somerville, just north ...
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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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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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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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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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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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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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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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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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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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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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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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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 ...
