All Corporations articles – Page 109
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Intersport PSC Holding, the Swiss licensee for the Intersport banner,...
Intersport PSC Holding, the Swiss licensee for the Intersport banner, is proposing to merge with its parent company, Zelfi Sports Holding, which owns more than 91 percent of its shares. Nothing would change for the employees and the customers. The proposal is set to be endorsed by an extraordinary meeting ...
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Eddie Bauer and Pacific Sunwear, two struggling American retail chains...
Eddie Bauer and Pacific Sunwear, two struggling American retail chains that together have a total of 700 stores, are being merged into a single operation for all their back-office functions. They were both taken over by Golden Gate Capital through bankruptcy auctions.
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Kasper Rorsted, the Adidas Group's chief executive, has expressed concerns...
Kasper Rorsted, the Adidas Group's chief executive, has expressed concerns about potential over-commercialization of football and dilution of the game's quality, due to an increasing number of competitions and participants. In an interview with Kicker, a German football magazine, he said that Fifa's decision to increase the number of teams ...
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VF Corporation has announced the completion of its acquisition of...
VF Corporation has announced the completion of its acquisition of Altra from Icon Health & Fitness
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The L-Fashion Group is acquiring a stake of 49 percent...
The L-Fashion Group is acquiring a stake of 49 percent in Dachstein, the venerable Austrian brand of outdoor shoes. The shares are being sold by the controlling shareholder, Austro Holding, and by the company's chief executive, Oliver Wieser. Christian Wolsegger, Dachstein's sales manager, is taking over his place. More in ...
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Sport Heroes has raised €4 million from Genairgy, an investment...
Sport Heroes has raised €4 million from Genairgy, an investment firm for the family behind Decathlon, to support its expansion. The four year-old startup strives to encourage more people to practice sports, by rewarding physical activity measured through digital devices with discounts on partner brands and services. The company is ...
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On June 20, five days after the publication of its...
On June 20, five days after the publication of its stellar results for the last financial year (see the article in this issue), Canada Goose announced a secondary offering for 10 million subordinate voting shares by three of its shareholders, corresponding to about 9 percent of its equity. Bain Capital, ...
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The Norman Group, which has replaced Trerè Innovation as the...
The Norman Group, which has replaced Trerè Innovation as the manufacturer of X-Technology's products in Italy, is investing in a new factory in Serbia that will become operational in the spring of 2019, with a capacity of six million pieces per year. The company currently manufactures about 15 million units ...
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The Tecnica Group is conducting a project for lean production...
The Tecnica Group is conducting a project for lean production at its ski boot factory in Hungary
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Sports Direct International has launched a proxy battle in the...
Sports Direct International has launched a proxy battle in the U.S. against the board of directors of Iconix Brands Group, the licensor of Umbro, Danskin and many other brands, in which it owns about 9 percent of the shares since the beginning of 2016. It is nominating four candidates for ...
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Patrick Frisk, the new chief operating officer of Under Armour,...
Patrick Frisk, the new chief operating officer of Under Armour, has bought a new tranche of shares in the company, indicating his growing confidence in its turnaround. After his latest purchase, his shares were worth more than $12 million.
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Amer Sports notified the investment community that AXA, the French-based...
Amer Sports notified the investment community that AXA, the French-based insurance company, raised its stake in the company to 5.26%, but then it said it was reduced to below 5%
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Acting through its strategic investment arm, Tin Shed Ventures, Patagonia...
Acting through its strategic investment arm, Tin Shed Ventures, Patagonia has joined a $12.4 million funding round for NuMat Technologies, which develops and markets metal-organic frameworks (MOFs) that are programmed to specifically interact with targeted molecules. NuMat compares its manufacturing process to precision medicine in the health care sector.
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Accell Group has founded a new start-up called Accell Digital....
Accell Group has founded a new start-up called Accell Digital. According to reports in Bike Europe, the Dutch bike maker is building a centralized, multi-brand online platform for direct-to-consumer sales. For its new start-up, based in Amsterdam, Accell has hired Marcus Diekmann, who is currently director of digital, e-commerce and ...
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Escalade has sold its 50% stake in the Stiga...
Escalade has sold its 50% stake in the Stiga Sports Group to a Swedish private investor and will license back the Stiga brand for table tennis in North America
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Puma formally exited the Kering group earlier this week, with...
Puma formally exited the Kering group earlier this week, with the distribution of Puma shares to Kering shareholders. The distribution ratio amounted to one Puma share for 12 Kering shares held, and the payment date was May 16. Puma's opening share price on the day was €429.0 but the company's ...
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Nike has completed the transfer of its Spanish subsidiary from...
Nike has completed the transfer of its Spanish subsidiary from El Prat de Llobregat to a 4,300-square-meter office with more technical features in downtown Barcelona
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Newell Brands plans to divest Pure Fishing, a division of...
Newell Brands plans to divest Pure Fishing, a division of the former Jarden Corporation that groups numerous brands including Berkley, Abu Garcia, Penn and Shakespeare, joining Rawlings on the selling block. It will also seek a buyer for Jostens. This means that it is likely to retain Coleman, Marmot and ...
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At the company's annual shareholders' meeting a few days ago,...
At the company's annual shareholders' meeting a few days ago, Kasper Rorsted, chief executive at the Adidas Group, reiterated that the company anticipates a “normalization” of its growth this year, after two years of strong double-digit sales expansion. As reported earlier, the group's sales growth slowed down in Western Europe ...
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Meridia Private Equity, an investment fund created in 2006 by...
Meridia Private Equity, an investment fund created in 2006 by Javier Faus, a former manager of FC Barcelona, has acquired a significant minority stake in Fútbol Emotion, a Spanish chain of football stores, to help it to expand in Spain and abroad. Founded in 2002, Fútbol Emotion has just opened ...
