All Corporations articles – Page 112
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Petri Kokko, a former general manager of Nike Finland who...
Petri Kokko, a former general manager of Nike Finland who is now running Google's operations in Germany, has become the 7th member of Amer Sports' board of directors
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LVMH is going for sneakers. The world's largest luxury goods...
LVMH is going for sneakers. The world's largest luxury goods company is reportedly eyeing a possible investment in Stadium Goods, an exclusive American online retailer for “authenticated” sneakers that has been collaborating with the likes of Supreme and Off-White, the company founded in 2013 by Virgil Abloh, the 37-year-old designer ...
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Marcato Capital Markets has sold its 8.5% stake in Deckers...
Marcato Capital Markets has sold its 8.5% stake in Deckers Brands following its failure to obtain support for its proxy fight against the current management
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Chervò has acquired a 95 percent stake in Chervò USA,...
Chervò has acquired a 95 percent stake in Chervò USA, a sign of the new focus of the Italian golf and sportswear brand on the largest consumer market in the world. The U.S. is also the world's largest golf country, with more than 20 million players. The remaining 5 percent ...
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Two shareholders of Billabong International, Rider Capital and Adam Smith...
Two shareholders of Billabong International, Rider Capital and Adam Smith Asset Management, have voiced their opposition to the proposed sale of the company to Boardriders. Together they hold 15.4 percent of the company's shares. Billabong's founder, Gordon Merchant, has already approved the terms of the transaction, but the other shareholders ...
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Kathmandu, the New Zealand outdoor brand and retailer, has agreed...
Kathmandu, the New Zealand outdoor brand and retailer, has agreed to take over Oboz Footwear, the U.S. outdoor footwear brand, for $60.0 million in cash and an earn-out of up to $15 million, as a means to expand its footwear and international sales. Established in Montana in 2007, Oboz generates ...
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Asics has announced the opening of a new innovation hub...
Asics has announced the opening of a new innovation hub at its headquarters in Barcelona. The new center is to attract and support European start-ups focusing on sports and wellness. The center will concentrate on the development of new products and services with the aim of enhancing the end-user experience. ...
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Trerè Innovation, which has lost a contract for the production...
Trerè Innovation, which has lost a contract for the production of X-Bionic garments and X-Socks socks and their distribution in Europe, has found a new client. Replay, the Italian denim brand, has agreed to license its socks and underwear products to the Italian knitter on a global scale, generating annual ...
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Moody's has downgraded its rating of Boardriders' $450 million senior...
Moody's has downgraded its rating of Boardriders' $450 million senior secured term loan to a highly speculative level of B3. The loan will allow the parent company of Quiksilver to finance its acquisition of Billabong International and pay down debt. Moody's praised the terms of the deal but said it ...
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Amer Sports' board of directors has decided to transfer a...
Amer Sports' board of directors has decided to transfer a total of 200,071 Amer shares today to the personnel participating in its 2013 and 2016 Performance Share Plans and its 2016 Restricted Stock Plan
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Asics America has opened a Creation Studio in Boston...
Asics America has opened a Creation Studio in Boston
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X-Technology has announced a long-term partnership with Intersocks for the...
X-Technology has announced a long-term partnership with Intersocks for the production of its technical X-Socks line, effective with deliveries in January 2019, following the termination of its collaboration with Trerè Innovation for the production and sale of that line and the X-Bionic collection of sports garments. As reported in our ...
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The proxy fight around Newell Brands is heating up, with...
The proxy fight around Newell Brands is heating up, with Starboard Value nominating two additional directors to a full slate that it is proposing for election at the company's annual meeting. The hedge fund's statement came after the company announced on Feb. 22 a “refreshment” of its board of directors, ...
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The number of shares in the Swedish-based Thule Group has...
The number of shares in the Swedish-based Thule Group has declined by 1,135,696 to 103,208,606 following the exercise of warrants by nine individuals including the company's chief executive, Magnus Welander, and its chairman, Stefan Jacobsson (more in our Outdoor Industry Compass)
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Article
More innovation at Ispo
The problem with surfing is having to wait for a decent swell. A backyard tinkerer, Markus Schilcher, removed the wave variable from the equation by creating WaterWolf, an electric-powered surfboard that can hit speeds of 30km/h and can also be used in lakes and rivers. The product was unveiled at ...
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Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696...
Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696 of them. The number of outstanding shares in the company has thus been reduced to 116,517,285.
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W.L. Gore & Associates has opened an 11,000-square-foot R&D center...
W.L. Gore & Associates has opened an 11,000-square-foot R&D center in California's Silicon Valley that will connect it with companies in the aerospace, automotive, digital health, consumer electronics, fabrics, industrial and medical fields. A first project underway consists of funding a local startup, Krenzen, for the development of a digital ...
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Chip Wilson, who founded Lululemon in 1998 sold shares in...
Chip Wilson, who founded Lululemon in 1998 sold shares in the company worth around $211 million between Feb. 12 and 14, according to Bloomberg, but has remained a significant shareholder. It was the first time that he did so since September 2014. Wilson, who resigned as chairman of Lululemon in ...
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Zimtstern, the Swiss marketer of sports apparel, aims to terminate...
Zimtstern, the Swiss marketer of sports apparel, aims to terminate all its business activities in the course of this year. According to Zimtstern, a profitable business operation is no longer possible due to a difficult market situation. The company is currently checking whether it will continue with its bike apparel segment. ...
