All Corporations articles – Page 109
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The Accell Group has launched a German entity, Accell Bike...
The Accell Group has launched a German entity, Accell Bike Parts, which will drive the international expansion of the XLC brand of parts and accessories, Bike Europe reports. Accell Bike Parts will be part of the Winora Group, which is a German subsidiary of the Dutch-based group. Accell has formed ...
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Adidas and Ikea have initiated a strategic collaboration to learn...
Adidas and Ikea have initiated a strategic collaboration to learn more about people's interests in terms of active lifestyles and training, in order to possibly connect them with different housing solutions. In a press release, Ikea says that the two companies want to encourage people to choose good living patterns ...
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An American investment company, Charlesbank Capital Partners, has been allowed...
An American investment company, Charlesbank Capital Partners, has been allowed by a bankruptcy court to take over the Rockport Group through an affiliate, including the Aravon and Dunham brands that previously belonged to New Balance. The deal was made possible after the settlement of claims made by the Adidas Group, ...
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Columbia Sportswear's board of directors has authorized the company to...
Columbia Sportswear's board of directors has authorized the company to spend an additional $200 million on the repurchase of its own shares. Since 2014, Columbia has purchased back 3.4 million shares at an average price of $56 per share, equivalent to $190.4 million. Since the beginning of this year, it ...
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Nike is moving its German office from Frankfurt to Berlin,...
Nike is moving its German office from Frankfurt to Berlin, according to Handelsblatt. Located in the so-called Bikini building on Breitscheidplatz, it would combine existing operations in the German capital including a showroom in Schöneberg. Berlin is one of the 12 key cities in the world where it wants to ...
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As a first step in its divestiture plan, last month...
As a first step in its divestiture plan, last month Vista Outdoor sold its Bollé, Cébé and Serengeti brands of sunglasses to Antelope Brands Bidco, an entity affiliated with an American private equity fund, A&M Capital Partners, which recently opened a branch in London. The transaction was closed for $158 ...
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Heinz Kettler, the leading German manufacturer of home fitness equipment...
Heinz Kettler, the leading German manufacturer of home fitness equipment and other products, filed for self-managed insolvency in mid-July after the company's foundation declined to endorse a sale of the company to an investment firm, Altera Capital. According to German press reports, the foundation disagrees with certain clauses in the ...
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A group of ten investors has set up a new...
A group of ten investors has set up a new market research consultancy in the U.K., the SMS Sports Consulting Group chaired by Stephen Proctor, founder and president of SMS Marketing Surveys. The investors, who include SMS and other consultants with expertise in golf, tennis, rugby and football, sports tourism, ...
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Schöffel has opened an office in Hanoi, Vietnam, in order...
Schöffel has opened an office in Hanoi, Vietnam, in order to strengthen its relations with production partners in Southeast Asia. Until now, Schöffel's employees were traveling to see them in Vietnam and other countries for a constant exchange of information. The majority of Schöffel's products are made in Vietnam. Through ...
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Bench, the streetwear label founded in Manchester in 1989, has...
Bench, the streetwear label founded in Manchester in 1989, has been sold to an investment company based in Boston, Gordon Brothers. It had recently started insolvency proceedings in the U.K. The new owners want the brand to phase out its German sales subsidiary and to close all its 14 stores ...
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Accell Group has increased its stake in Velosophy from 35...
Accell Group has increased its stake in Velosophy from 35 percent to 100 percent. Velosophy, the owner of Babboe, is a specialist in e-cargo bike solutions for consumers and the business market. The acquisition is meant to increase Accell's involvement with the development of urban mobility solutions, an evolution that ...
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Giant Bicycle has announced an investment of €48 million in...
Giant Bicycle has announced an investment of €48 million in a new factory in Gyöngyös, Hungary. In a first phase, the factory will start producing 300,000 bikes a year in the second half of 2019, focusing on e-bikes, following the new tariff barriers implemented by the European Union for this ...
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Nike is raising the salaries of about 7,500 of its...
Nike is raising the salaries of about 7,500 of its 74,000 employees on all levels around the world, starting in August, as reported by The Wall Street Journal. The wage review is intended to solve issues about equal pay and corporate culture. It comes after an analysis of all the ...
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The ANWR Group is starting a pilot crowdfunding project for...
The ANWR Group is starting a pilot crowdfunding project for CN Mailorder, a web store affiliated with Sport 2000 Germany. It asks for contributions of between €250 and €10,000 by individual investors to collect a total of €500,000. In exchange, the investors will get annual interest payments of 4.6 percent ...
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Boardriders will move Quiksilver's Australian head office from Torquay in...
Boardriders will move Quiksilver's Australian head office from Torquay in the state of Victoria, to Queensland, but it will keep some operations in the town where the brand was founded in the early ‘70s
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Clarus Corporation, the parent company of Black Diamond, has raised...
Clarus Corporation, the parent company of Black Diamond, has raised $3,337,896 through a Dutch auction to retire about 1.4 percent of its outstanding shares. The company had offered to pay between $7.20 and $8.00 per share for up to $7.5 million worth of its equity, but then accepted only the ...
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Boa Technology has opened a new global headquarter in the...
Boa Technology has opened a new global headquarter in the Zeppelin Development Flight building in Denver. The space of 85,000 square feet is more than three times bigger than its previous location, and it doubles the capacity of its R&D operations. Founded in 2001, the specialist in technical shoe lacing ...
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Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou,...
Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou, says it is looking for new customers as it will no longer do business as of September with a client that accounted for 87% of its business in the past year
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Moody's has raised the corporate rating of Wolverine Worldwide from...
Moody's has raised the corporate rating of Wolverine Worldwide from Ba2 to Ba1
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Karen Reuther, who worked as global vice president of creative...
Karen Reuther, who worked as global vice president of creative at VF Corporation for 18 months up to last October, has been assigned to the position of global creative director at Reebok, replacing Thomas Steinbrück, who has left the company after less than 18 months
