All Corporations articles – Page 106

  • News briefs

    NBC Sports Group and Rory McIlroy have announced the launch...

    2019-02-19T00:00:00Z

    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 ...

  • News briefs

    Grupo SBF, the Brazilian retail group known mainly for its...

    2019-02-19T00:00:00Z

    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 ...

  • News briefs

    Descente's central executive committee has rejected a tender offer by...

    2019-02-19T00:00:00Z

    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 ...

  • News briefs

    Skechers India is transitioning to a wholly-owned subsidiary of Skechers...

    2019-02-19T00:00:00Z

    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 ...

  • News briefs

    According to a recent report from GlobalData, published by Retail...

    2019-02-01T00:00:00Z

    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 ...

  • News briefs

    Osprey Packs has completed the acquisition of Osprey Europe, the...

    2019-02-01T00:00:00Z

    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 ...

  • Short stops

    Wolverine Worldwide has upgraded its campus, adding a new fitness...

    2019-02-01T00:00:00Z

    Wolverine Worldwide has upgraded its campus, adding a new fitness facility as well as day care and dog care services

  • News briefs

    Shandong Ruyi Investment Holding, the Chinese textile and apparel group,...

    2019-02-01T00:00:00Z

    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 ...

  • News briefs

    The Austrian-based shareholders of KTC and Mountain Force have created...

    2019-02-01T00:00:00Z

    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 ...

  • News briefs

    Laurent Vanat, the authoritative consultant based in Switzerland, has put...

    2019-02-01T00:00:00Z

    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 ...

  • News briefs

    A private equity fund, Equinox Partners, has reportedly signed...

    2019-02-01T00:00:00Z

    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 ...

  • News briefs

    Marmot Mountain Europe has moved into new headquarters in Frankfurt....

    2019-02-01T00:00:00Z

    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 ...

  • News briefs

    Itochu has made an unsolicited partial tender offer for an...

    2019-02-01T00:00:00Z

    Itochu has made an unsolicited partial tender offer for an additional stake of 9.56 percent in Descente. If accepted, it would raise its holding in the Japanese group from 30.44 percent to 40.00 percent. Politely, Descente said it was analyzing the offer, but noted that it has been in talks ...

  • News briefs

    Edwin Haid and Quirin Kammerer have acquired 100 percent of Pro-X-Elements,...

    2019-01-28T00:00:00Z

    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 ...

  • News briefs

    Foot Locker has invested $2 million in Pensole Inc., which...

    2019-01-28T00:00:00Z

    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 ...

  • News briefs

    In order to facilitate its acquisition by Anta Sports Products...

    2019-01-28T00:00:00Z

    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 ...

  • News briefs

    Discovery, the American non-fiction entertainment company and owner of the...

    2019-01-28T00:00:00Z

    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 – ...

  • Short stops

    Mike Ashley, the insatiable controlling shareholder of Sports Direct International,...

    2019-01-28T00:00:00Z

    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.

  • News briefs

    Ciesse Piumini was back at Pitti Immagine Uomo in Florence...

    2019-01-28T00:00:00Z

    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 ...

  • News briefs

    Skechers USA has begun to expand its headquarters in California....

    2019-01-28T00:00:00Z

    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 ...