All Corporations articles – Page 100

  • News briefs

    Columbia Sportswear has purchased three buildings from Electro Scientific Industries...

    2019-08-29T00:00:00Z

    Columbia Sportswear has purchased three buildings from Electro Scientific Industries (ESI), a firm specialized in laser applications. All lie within a quarter-mile of Columbia's current headquarters in Washington County, Oregon, and will expand it. The additional 200,000 square feet of space are costing about $33 million. The first building should ...

  • Short stops

    Sports Direct plans to close at least eight of the...

    2019-08-29T00:00:00Z

    Sports Direct plans to close at least eight of the Jack Willis stores that it recently bought in pre-packaged bankruptcy proceedings

  • News briefs

    LIR, the family holding company that controls Geox and Diadora...

    2019-08-29T00:00:00Z

    LIR, the family holding company that controls Geox and Diadora as well real estate assets through Domicapital, has confirmed a report that it is now open to targeted acquisitions. In an interview with the Italian daily Il Gazzettino, Mario Moretti Polegato, chairman and founder of Geox, said that LIR, which ...

  • News briefs

    Hestra, the Swedish maker of sports gloves, has doubled its...

    2019-08-29T00:00:00Z

    Hestra, the Swedish maker of sports gloves, has doubled its headquarters in the U.S. by relocating to a new building in Arvada, Colorado. The premises measure 32,000 square feet and host the company's corporate offices, warehouse and U.S. showroom, which can display more than 400 models of gloves. The building ...

  • News briefs

    In response to strengthening local demand, Velomotors is investing 400...

    2019-08-13T00:00:00Z

    In response to strengthening local demand, Velomotors is investing 400 million rubles (€5.5m-$6.1m) in a factory in Kransnodar Krai in the southern part of Russia with an intended production capacity of 300,000 bicycles per year. Making use of an abandoned plant, the project is important because it is the first ...

  • News briefs

    Evoc Sports has acquired Tranzbag, a Swiss maker of foldable...

    2019-08-13T00:00:00Z

    Evoc Sports has acquired Tranzbag, a Swiss maker of foldable bicycle transportation bags. Tranzbag was founded 25 years ago by Bendicht Luginbühl, a Bernese bike pioneer and media professional who is considered the inventor of the foldable, serially manufactured bicycle transport bag. Evoc, based in Munich, specializes in protective sports ...

  • News briefs

    Nike has made another acquisition to boost its consumer-direct initiative....

    2019-08-13T00:00:00Z

    Nike has made another acquisition to boost its consumer-direct initiative. After taking over a data analytics firm, Zodiac, and a developer of body-scanning technology, Invertex, it has acquired Celect, an American company that uses artificial intelligence to analyze retail data and predict future consumer purchases and the related allocations of ...

  • Short stops

    China's Xtep has closed the acquisition of K-Swiss, Palladium and...

    2019-08-13T00:00:00Z

    China's Xtep has closed the acquisition of K-Swiss, Palladium and Supra from Korea's E-Land

  • News briefs

    A private investment firm, Black Rock, has agreed to put...

    2019-08-13T00:00:00Z

    A private investment firm, Black Rock, has agreed to put up $875 million to buy a stake in the Authentic Sports Group (ABG), according to the Wall Street Journal, valuing the company at around $4 billion. It will apparently replace Leonard Green Partners as the largest shareholder in the American ...

  • News briefs

    Lew's Holdings Corporation, an American supplier of fishing and hunting...

    2019-08-13T00:00:00Z

    Lew's Holdings Corporation, an American supplier of fishing and hunting gear, is acquiring Fox International, Europe's largest privately owned fishing tackle company, with headquarters in Brentwood, Essex. The deal is subject to regulatory approvals and closing conditions, and the financial terms remain undisclosed. The two companies will be retaining their ...

  • News briefs

    Mike Ashley likes to go for struggling retail operations, despite...

    2019-08-13T00:00:00Z

    Mike Ashley likes to go for struggling retail operations, despite his fiasco with his investments in Debenhams and House of Fraser. His company, Sports Direct International, has acquired the brand and other assets of Jack Wills, a British chain of upscale fashion stores catering to young people, for £12.75 million ...

  • News briefs

    Chang Shin, a South Korean footwear manufacturer that works for...

    2019-08-13T00:00:00Z

    Chang Shin, a South Korean footwear manufacturer that works for Nike, has invested $100 million in the Vietnamese province of Dong Nai. The company handles design and product development at its headquarters in Korea and manufactures about 90 million pairs of shoes annually in China, Indonesia and Vietnam.

  • News briefs

    Lenzing is cooperating with JDA Software to digitize its supply...

    2019-08-13T00:00:00Z

    Lenzing is cooperating with JDA Software to digitize its supply chain. The company's goal is to create an end-to-end planning process that precisely matches demand and supply. The JDA Sales & Operations Planning software was recently deployed across Lenzing's operations in production as well as sales, marketing and finance. With JDA's ...

  • News briefs

    Nike has announced that it is going ahead with the...

    2019-08-01T00:00:00Z

    Nike has announced that it is going ahead with the construction of a new Nike Air Manufacturing Innovation (Air MI) facility in Goodyear, Arizona, generating more than 500 full-time jobs in a state that has shown hostility toward the company's commitment to diversity. The state's governor, Doug Ducey, withdrew a ...

  • Short stops

    Macron has announced the start of the construction work for...

    2019-08-01T00:00:00Z

    Macron has announced the start of the construction work for its new 22,000-square-meter headquarters in Valsamoggia, near Bologna, which is expected to be opened in 2020

  • News briefs

    Last April Snipes, the sneaker retail chain that has belonged...

    2019-08-01T00:00:00Z

    Last April Snipes, the sneaker retail chain that has belonged to the Deichmann group since 2011, took over Kicks USA, a retail chain specializing in  sneakers, athletic shoes and clothing, with 64 stores in eastern part of the U.S. Now it has acquired Mr. Alan's Men's Bootery, another sneaker chain based in ...

  • News briefs

    The Tecnica Group has just completed two transactions to strengthen...

    2019-08-01T00:00:00Z

    The Tecnica Group has just completed two transactions to strengthen its market position in outdoor footwear. The Italian sports group has increased its stake in Lowa from 60 percent to 75 percent, purchasing the new shares from the family of Renzo Castellani, the owner of a company, Riko Sport, that ...

  • News briefs

    Nike is reportedly contemplating strategic options including the divesture of...

    2019-08-01T00:00:00Z

    Nike is reportedly contemplating strategic options including the divesture of Hurley, the group's boardsports apparel brand. The information came just after that of the appointment of John Schweitzer as Hurley's chief executive and chief financial officer. He is replacing Bob Coombes, who was made general manager in 2015, with the ...

  • News briefs

    The District Court of Dortmund ordered the opening of insolvency...

    2019-08-01T00:00:00Z

    The District Court of Dortmund ordered the opening of insolvency proceedings and the continuation of Sport Voswinkel's self-administration on July 25. Sport Voswinkel is a chain of 72 stores throughout Germany. It has been a member of Intersport Germany since 1989 and a subsidiary of the voluntary group since 2003. ...

  • News briefs

    Didriksons has recently invested in a new headquarters in Borås, Sweden,...

    2019-08-01T00:00:00Z

    Didriksons has recently invested in a new headquarters in Borås, Sweden, as well as in a new warehouse. The Swedish brand of rain and functional apparel was taken over in August 2018 by Adelis Equity Partners, an investment fund that acquired a majority stake from another fund managed by Herkules Capita. The parent company ...