All Corporations articles – Page 114
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News briefs
While benefiting from the recently announced reduction in the U.S....
While benefiting from the recently announced reduction in the U.S. federal corporate tax from 35 percent to 21 percent from now on, Amer Sports will have to take a $13 million charge in 2017 to write down $40 million in deferred tax assets in the U.S. as part of the ...
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The large French Vivarte retail group announced on Tuesday that...
The large French Vivarte retail group announced on Tuesday that it has entered exclusive negotiations for the sale of André, the well-known French chain of urban shoe shops that was at the beginning of the group, to Spartoo, one of the two leading French online shoe retailers along with Sarenza. ...
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News briefs
The Thule Group has opened a new assembly facility of...
The Thule Group has opened a new assembly facility of 13,500 square meters at Pila, in the western part of Poland, to expand its own production capacities in the Sport & Cargo Carriers category and to handle the manufacture of products that were previously subcontracted in the Active with Kids ...
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Article
New partner for Sporthyra
Sporthyra is innovating again. The Swedish sporting goods chain was founded four years ago as a retailer where customers could rent equipment for shorter or longer periods of time. Thanks to this unique concept, the company has managed to break through on the Swedish market despite fierce competition from established ...
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Wilson has opened its new, 90,000-square-foot global headquarters in downtown...
Wilson has opened its new, 90,000-square-foot global headquarters in downtown Chicago
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News briefs
Garmont International announced that Wayne Edy, who distributes its Tactical...
Garmont International announced that Wayne Edy, who distributes its Tactical line in North America, has acquired 25 percent of the Italian company's shares from Veneto Sviluppo, the regional investment fund that joined Prisma 2 in its takeover in 2014. Headed up by Pierangelo Bressan, Prisma 2 is still Garmont's controlling ...
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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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News briefs
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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News briefs
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
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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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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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 ...
