All Corporations articles – Page 111
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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
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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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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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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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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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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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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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News briefs
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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Dorel Industries has sold the Sugoi and Sombrio brands to...
Dorel Industries has sold the Sugoi and Sombrio brands to Louis Garneau Sports. For Garneau, this strategic acquisition is meant to reinforce its positioning on the West Coast of both Canada and the U.S. while providing opportunities for growth in Asia and Western Europe. Garneau will keep the sales and ...
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The Swix Sport Group is changing its name to Brav,...
The Swix Sport Group is changing its name to Brav, because it has turned into a company with multiple outdoor and winter sports brands. They generate annual sales in the range of one billion Norwegian kroner (€105.0m-$122.6m), about half of them outside of Norway. The Swix Sport Group was formed ...
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Calida Holding, the Swiss lingerie company that has controlled Lafuma...
Calida Holding, the Swiss lingerie company that has controlled Lafuma since December 2013, has announced the acquisition of a further 8.54 percent stake in the company, by taking over all the shares held by a minority investor, CDC Entreprises Elan PME. With this transaction, Calida's stake rises to 87.70 percent. ...
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News briefs
The German landscape of trade publications is getting more concentrated...
The German landscape of trade publications is getting more concentrated with the acquisition of a national trade magazine, Sport + Mode, by Neue Mediengesellschaft from Verlag Chmielorz. Based in Ulm, Neue Medien had already acquired the leading German trade publication in our sector, SAZ Sport, at the beginning of 2016. ...
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The Thule Group has entered into a new, more flexible...
The Thule Group has entered into a new, more flexible and more cost-efficient financing agreement that replaces the one it had contracted in connection with its public offering in November 2014. The new revolving credit facility of €300 million has a maturity of five years with an option for a ...
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Puma France is preparing to invest several million euros to...
Puma France is preparing to invest several million euros to build an enlarged head office in Wacken, just across from the European Parliament in Strasbourg – and a short stroll away from the offices inaugurated by Adidas France a few weeks ago. Established in Illkirch-Graffenstaden, near Strasbourg, Puma France intends ...
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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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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 ...
