All Corporations articles – Page 112
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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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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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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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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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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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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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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 ...
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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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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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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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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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La Fabrique du Ski has raised €320,000, with a contribution...
La Fabrique du Ski has raised €320,000, with a contribution of 53 percent from private investors and 47 percent from a regional French banking entity, the Crédit Agricole Sud Rhône Alpes. Christian Alary, who created the company in 2014, remains the majority shareholder. A former executive at Rossignol and Decathlon, ...
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The Sports Edit has secured £1 million (€1.14m-$1.37m) in a round...
The Sports Edit has secured £1 million (€1.14m-$1.37m) in a round of investment led by new backers including Justin King, Sue Watson and Ric Lewis, adding to existing investors. King is the former chief executive of Sainsbury's, while Watson is the owner of Lyle & Scott, and Lewis is the founder ...
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About 200 people moved into Adidas France's new head office...
About 200 people moved into Adidas France's new head office last month, in the business district of Strasbourg-Archipel, across from the European Parliament. The office has been transferred there from Landersheim, a small village in the Alsace where Adidas France was built up by Horst Dassler from 1973, after a ...
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Amer Sports has restated its 2017 results based on new...
Amer Sports has restated its 2017 results based on new IFRS accounting rules. Revenues were increased by €24.1 million to €2,709.3 million, with increases of €3.8 million for Outdoor, €5.8 million for Ball Sports and €14.5 million for Fitness. Net income for the year was adjusted down by €0.4 million ...
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Adidas has started serial production of its AM4NYC running shoe...
Adidas has started serial production of its AM4NYC running shoe at its Speedfactory in Atlanta. The shoe, whose name stands for Made for New York City, became available in the U.S. at retail on April 27. As previously reported, the company's American facility and its German Speedfactory in Ansbach are ...
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The Authentic Brands Group (ABG) has completed its acquisition of...
The Authentic Brands Group (ABG) has completed its acquisition of Nautica from VF Corporation. It is now its biggest brand, with an annual turnover of nearly $1 billion. The group already owns brands such as Prince, Spyder, Vision Street Wear and Juicy Couture.
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Surfstitch Australia, the online retailer specializing in action sports products,...
Surfstitch Australia, the online retailer specializing in action sports products, has been taken over by an entity of the Alceon Group, a private equity firm. The offer was approved by creditors of the Surfstich Group at a meeting early last month. Alceon already owns Ezibuy, an online retailer of clothing ...
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Bench has fallen into administration, a procedure under the British...
Bench has fallen into administration, a procedure under the British legislation which is similar to bankruptcy in the U.S. In a statement, the fashion retailer said that the move will also affect the German service entities of Bench in Munich. Among the factors that led to the filing, the company ...
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GoPro's depressed share price took a jump after reports that...
GoPro's depressed share price took a jump after reports that a Chinese rival, Xiaomi, may make an offer for the company. Xiaomi, a big Chinese company that makes smartphones, mobile devices, laptops and other consumer electronics, is a minority shareholder of Yi Technology, which makes action cameras that are much ...
