All Corporations articles – Page 104
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News briefs
Amer Sports has announced the sale of Mavic, the brand...
Amer Sports has announced the sale of Mavic, the brand of bicycle components inherited from Salomon, to an American equity company, Regent. The price being paid for Mavic, which represented only about 3 percent of the group's sales, was not disclosed. There was no comment by the group about the ...
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JD Sports is among the companies targeted by The Investment...
JD Sports is among the companies targeted by The Investment Association, the trade body that represents U.K. investment managers, for failing to have enough women on their boards. The Investment Association and the Hampton-Alexander Review sent a letter to 69 of the FTSE 350 companies, asking them to outline what ...
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Andy Murray has taken a stake in Castore, the British...
Andy Murray has taken a stake in Castore, the British premium sports and casual menswear brand. The company did not unveil the financial details of Murray's investment. Meanwhile, the 31-year-old tennis player is also becoming the brand's global ambassador. The financial details of the sponsorship deal were not revealed either, ...
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The insatiable Mike Ashley has made an indicative takeover offer...
The insatiable Mike Ashley has made an indicative takeover offer for LK Bennett, according to the Financial Times. This major U.S.-based shoe and apparel retail chain, which is positioned in the upper-middle segment of the market, recently filed for administration, the British equivalent of bankruptcy protection. Acting through Sports Direct ...
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News briefs
Tecnica Group is a winner of a Leonardo Italian Quality...
Tecnica Group is a winner of a Leonardo Italian Quality Prize 2018. The award honors companies for the quality of their products as well as their potential in terms of international and commercial prospects. The Quality Prize and the other Leonardo Prizes are presented every year by the Leonardo Committee ...
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News briefs
Skechers India is transitioning to a wholly-owned subsidiary of Skechers...
Skechers India is transitioning to a wholly-owned subsidiary of Skechers USA following the purchase by Skechers USA of a 49 percent stake in its Indian joint venture from Future Group. The financial details of the transaction have not been disclosed. This development is meant to accelerate expansion and to build ...
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News briefs
In 2020, Crocs will be relocating its headquarters from Niwot...
In 2020, Crocs will be relocating its headquarters from Niwot to Broomfield, another town in the same state of Colorado. This new building, which already stands, is more spacious, at 80,000 square feet, and more conveniently located, near the growing commercial corridor of Route 36, which passes through both Boulder ...
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Wolverine Worldwide has announced a 25 percent increase in the...
Wolverine Worldwide has announced a 25 percent increase in the quarterly dividend and a new $400 million share repurchase program for the next four years. It has also disclosed some details of a new credit agreement announced on Dec. 6, which involved a new term loan of $200 million and ...
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News briefs
An affiliate of Garmin has signed a definitive agreement to...
An affiliate of Garmin has signed a definitive agreement to acquire all outstanding shares of Tacx Onroerend en Roerend Goed B.V., a Dutch company whose trade name is Tacx. The agreement is subject to regulatory approvals and closing conditions but should reach completion in the second quarter of this year. ...
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NBC Sports Group and Rory McIlroy have announced the launch...
NBC Sports Group and Rory McIlroy have announced the launch of Golfpass, a direct-to-consumer subscription program offering a series of opportunities around golf. Paid membership gives access to exclusive content including a podcast hosted by McIlroy himself, training videos and 1,000 hours of library content from classic tournaments and behind-the-scenes ...
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Grupo SBF, the Brazilian retail group known mainly for its...
Grupo SBF, the Brazilian retail group known mainly for its chain of 180 Centauro stores, is trying to go public again, while local observers feel that the new government will help stimulate the economy, reducing taxes and opening up borders to imports. The company has announced an initial public offering ...
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Descente's central executive committee has rejected a tender offer by...
Descente's central executive committee has rejected a tender offer by its largest shareholder, Itochu, which wanted to acquire an additional 9.56 percent stake in the company. Itochu is already the Japanese company's largest shareholder with a stake of 30.44 percent. Descente argued that Itochu wanted to focus on maximizing short-term ...
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News briefs
Skechers India is transitioning to a wholly-owned subsidiary of Skechers...
Skechers India is transitioning to a wholly-owned subsidiary of Skechers USA following the purchase by Skechers USA of a 49 percent stake in its Indian joint venture from Future Group. The financial details of the transaction have not been disclosed. This development is meant to accelerate expansion and to build ...
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News briefs
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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Osprey Packs has completed the acquisition of Osprey Europe, the...
Osprey Packs has completed the acquisition of Osprey Europe, the U.K.-based subsidiary that was set up by Rob Wylie in 2003. The American brand of backpacks has grown a lot in Europe since then, with a presence in more than 30 countries, claiming the leadership in the sector. Wylie has ...
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Short stops
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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News briefs
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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The Austrian-based shareholders of KTC and Mountain Force have created...
The Austrian-based shareholders of KTC and Mountain Force have created a new Swiss entity, KTC Unlimited, to manage the Mountain Force brand as well as Artisan des Montagnes (ADC), a new functional and more outdoor-oriented sister brand launched by Mountain Force last year. KTC's highly sophisticated apparel manufacturing factory in ...
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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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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 ...
