All Corporations articles – Page 114
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News briefs
Asics has announced that it will open a new logistics...
Asics has announced that it will open a new logistics center for Southern Europe at the end of 2019. The new facility will be located in Montpellier, in the South of France, not far from the Montpellier Méditerranée airport and Asics France's headquarters in Lattes. The new 38,000-square-meter center will ...
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Rapala VMC has been notified that Nordea Funds has raised...
Rapala VMC has been notified that Nordea Funds has raised its stake in the Finnish fishing tackle company to 12.88% from 9.93%
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Catrade has taken over the management of R'adys. The company's...
Catrade has taken over the management of R'adys. The company's founder, Adrian Ruhstaller, a specialist in bonded fabrics who performed many different functions, will now concentrate on product development for the Swiss sports apparel manufacturer.
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Lucas von Cranach, the founder and chief executive of Onefootball,...
Lucas von Cranach, the founder and chief executive of Onefootball, told the Tech Crunch Disrupt Berlin conference earlier this month that the company has raised funds from investors including Adidas. Onefootball is a popular football app that boasts 25 million fans in 200 countries. Tech Crunch reports that Onefootball previously ...
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News briefs
Billabong International‘s shares gained more than 15 percent after the...
Billabong International‘s shares gained more than 15 percent after the group's annual shareholders' meeting this week, where investors heard about numerous initiatives to improve Billabong's business in the Asia-Pacific region. Billabong's results for the full year until the end of June showed major improvements in some indicators in the Americas ...
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News briefs
Lynx Golf has announced the acquisition of the global Lynx...
Lynx Golf has announced the acquisition of the global Lynx trademark portfolio from Dick's Sporting Goods. The move will allow the British, family-owned golf equipment company to expand globally, beyond its current U.K. and European markets. The trademarks have been purchased for an undisclosed amount. Lynx Golf reportedly seeks a ...
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News briefs
Zai, the Swiss brand of high-end skis, is ceasing production...
Zai, the Swiss brand of high-end skis, is ceasing production at its own site in the Swiss town of Disentis, but the company's new investors are reportedly planning to outsource it elsewhere in Switzerland. The company's founder and designer, Simon Jacomet, is leaving. Benedikt Germanier, a former global strategist for ...
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Leki has informed its German clients that it will place...
Leki has informed its German clients that it will place its customer service at their disposal on all the five Saturdays of December and on Saturday Jan. 13 and Jan. 20
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News briefs
Roeckl is coming out of voluntary insolvency proceedings, which started...
Roeckl is coming out of voluntary insolvency proceedings, which started last May. Annette Roeckl, chief executive of the German producer of sports gloves and other accessories, says her family injected new equity into the company, allowing it to remain its property. This came after a reorganization of the business that ...
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News briefs
Amer Sports is repurchasing up to 10,000 of its own...
Amer Sports is repurchasing up to 10,000 of its own shares until next March 7. Meanwhile, Bruno Sälzer, who was elected chairman of the board last March, has been buying shares in the company as well.
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News briefs
Eurazeo has announced the sale of 8,500,000 shares of Moncler...
Eurazeo has announced the sale of 8,500,000 shares of Moncler S.p.A. through its subsidiary ECIP M S.A. at a price of €24.48 per share, for a total amount of around €208 million. As a result of the sale, ECIP M S.A. will hold 5.31 percent of the share capital and ...
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Nordea Funds increased its stake in IC Group to 5.01%...
Nordea Funds increased its stake in IC Group to 5.01% just before the company announced its results for the first quarter
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News briefs
Edelski, the 15-year-old Swiss company that makes and sells Zai...
Edelski, the 15-year-old Swiss company that makes and sells Zai skis, has decided to stop manufacturing it at its own factory at Dissentis as of next March because of excessive costs. The company has already developed a line for the next season that will be made at another Swiss plant. ...
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News briefs
Speculation has heightened around the potential sale of Puma after...
Speculation has heightened around the potential sale of Puma after Challenges, a French business magazine, reported that Rothschild & Co has been hired to study various options. Kering, the French luxury group, bought Puma for about €5.3 billion in 2007. The brand's performance has greatly improved in the last three ...
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News briefs
Bruno Sälzer, supervisory board chairman at Amer Sports, has told...
Bruno Sälzer, supervisory board chairman at Amer Sports, has told Handelsblatt that the Finnish group wants to grow through organic expansion as well as acquisitions, for which it has “a few hundred million” euro at its disposal. The company owns 12 brands, and its latest acquisition was Armada, the U.S. ...
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News briefs
Conte of Florence, the Italian brand of golf clothing, has...
Conte of Florence, the Italian brand of golf clothing, has reportedly gone again into bankruptcy proceedings after a year in which it had a loss of €3 million on sales of €28.4 million. Creditors are being offered a settlement on the basis of 20 percent of the outstanding debt. The ...
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News briefs
Sportamore, the Swedish online sporting goods retailer, has switched to...
Sportamore, the Swedish online sporting goods retailer, has switched to a new warehouse, but the move did not quite go as planned. The start of the project was delayed by one month, causing about 35 percent of the range offered on its website not to be available for shipment. As ...
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News briefs
Insolvency proceedings were opened on Oct. 13 in Venice for...
Insolvency proceedings were opened on Oct. 13 in Venice for MCS Cavaliere, formerly Marlboro Classics, and Industries Sportswear Company, owner of the Marina Yachting and Henry Cotton's brands. In 2013, shortly before going public, Moncler had sold Industries Sportswear to Emerisque Brands, a private equity firm set up in 2004 ...
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WiggleCRC has announced the acquisition of Bike24, a German online...
WiggleCRC has announced the acquisition of Bike24, a German online cycling retailer. According to The Sunday Times, who first reported the news, the deal is worth around £100 million (€112.6m-$131.7m). Bike24 will continue to trade as a separate business within the group. Bike24 posted revenues of €84.5 million in 2016. ...
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News briefs
Peter Aschauer is selling a controlling stake in his 30-year-old...
Peter Aschauer is selling a controlling stake in his 30-year-old avalanche airbag company, ABS Peter Aschauer, to Spin Capital. The Munich-based investment company will take over operative responsibility but will continue to work with Aschauer on a partnership basis. Stefan Mohr, chief executive of Spin, which is an abbreviation for ...
