All Corporations articles – Page 119
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Zalando released details of a planned new €30 million logistics...
Zalando released details of a planned new €30 million logistics center in Sweden. Located in Brunna near Stockholm, the distribution center will be operational by the end of the year, with up to 300 employees. The goal is to significantly reduce the time required fopr deliveries of parcels in all ...
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SportScheck has acquired an unspecified number of shares in Fitfox.de,...
SportScheck has acquired an unspecified number of shares in Fitfox.de, an online platform for fitness enthusiasts, based in Hamburg, that offers special day, weekly and monthly tickets for fitness studios. Consumers don't have to sign up for a subscription. Prices start from €7 per day to €40 per month. In ...
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Wolverine Worldwide is going ahead with its slimming-down program by...
Wolverine Worldwide is going ahead with its slimming-down program by licensing out its Stride-Rite brand of children's shoes. After closing all its Stride-Rite retail stores, it has signed a global, long-term license for the brand with Vida Shoes International, a company that runs a portfolio of more than a dozen ...
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Bic Sport is taking over the global rights for SIC...
Bic Sport is taking over the global rights for SIC Maui, the stand-up paddle sports brand of Flow Sports. The word SIC stands for Sandwich Island Composites. Bic will give the brand a premium performance positioning, ensuring its distribution in more than 90 countries. Bic Sport is already a major ...
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Rapala VMC Corp. is issuing a hybrid bond on May...
Rapala VMC Corp. is issuing a hybrid bond on May 31, 2017 to raise €25 million, granting holders a fixed annual interest rate of 5.375 percent until May 31, 2019. The hybrid bond has no maturity rate but Rapala can redeem it after two years. The transaction, which has already ...
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In the last few days, Sports Direct International bought a...
In the last few days, Sports Direct International bought a few million more shares in Finish Line, the U.S. sports retailer, building up to a total of 5,941,248 shares, or 14.7 percent of its equity. A few days earlier, SDI had declared a stake of 9.21 percent in Finish Line. ...
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Nordea Funds has reduced its stake in IC Group to...
Nordea Funds has reduced its stake in IC Group to 4.86%
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British anti-trust authorities have approved the acquisition of Go Outdoors...
British anti-trust authorities have approved the acquisition of Go Outdoors by JD Sports Fashion
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Brooks Running Company, a subsidiary of Berkshire Hathaway, has announced...
Brooks Running Company, a subsidiary of Berkshire Hathaway, has announced that it will expand its global footprint with entry into two new markets – China and Brazil - starting in July of this year. In China, Brooks' products will be available online through T-Mall and Amazon as well as at ...
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Anta Sports is offering a tranche of bonds worth a...
Anta Sports is offering a tranche of bonds worth a total of 3.6 billion yuan renmimbi (€468.5m-$522.5m) to pay down debt and for other corporate purposes. The Chinese company had debts of less than one billion renminbi (€130.2m-$145.2m) on its balance sheet at the end of last year. The offering has received ...
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Marco Boglione, chairman of BasicNet, is taking over the minority...
Marco Boglione, chairman of BasicNet, is taking over the minority stakes of his brothers Enrico and Francesco in Basic World, the family holding company which owns 36.65 percent of BasicNet's shares. Both Enrico and Francesco, who are involved in other sectors, own 4.7 percent of Basic World. They will be ...
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VF Corp.'s sale of Majestic to Fanatics has been completed...
VF Corp.'s sale of Majestic to Fanatics has been completed
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The Fenix Outdoor group has a new shareholder, Bestseller United,...
The Fenix Outdoor group has a new shareholder, Bestseller United, a Danish fashion group that already has stakes in Zalando and Asos, among others. Bestseller United is the holding company for Bestseller, the company behind several fashion brands. They include Jack & Jones, Vero Moda and Vila along with J. ...
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Sports Direct has raised its stake in Debenhams, the British...
Sports Direct has raised its stake in Debenhams, the British department store chain, from 16.0 percent to 17.08 percent. The move can be regarded as more than just a financial investment as Sports Direct has concessions in several Debenhams stores in the U.K.
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Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike...
Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike and many other trade shows in the U.S., opened with a share price of $21.60 on the New York Stock Exchange today, giving it a market capitalization of $1.6 billion. The company and some of its shareholders started offering 15.5 ...
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21Sportsgroup, the German omni-channel retailer specializing in sports products, is...
21Sportsgroup, the German omni-channel retailer specializing in sports products, is getting a large-scale logistical platform built in Ketsch, near Heidelberg, to support its growth in European markets. The company behind 21run, Vaola and Planet Sports is reportedly investing €25 million in the distribution center, which should cover more than 30,000 ...
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Newton Running is apparently going through a major restructuring process,...
Newton Running is apparently going through a major restructuring process, concentrating on independent running specialists and online sales. Runners World and the Boulder Daily Camera have reported that Danny Abshire, one of the two founders of the American company, has left it, and that the other co-founder, Jerry Lee, is ...
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Sequential Brands has appointed Karen Murray as its new chief...
Sequential Brands has appointed Karen Murray as its new chief executive officer. Most recently, Murray served as president of VF Sportswear, a wholly-owned subsidiary of VF Corp. She replaces Yehuda Shmidman, who is stepping down from his position and as a member of the board of directors. Murray joined VF ...
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Under Armour is laying off about two dozen employees of...
Under Armour is laying off about two dozen employees of Endomondo, its connected fitness operation in Copenhagen, according to the Baltimore Sun
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VF Corp. is integrating its Lucy brand of activewear and...
VF Corp. is integrating its Lucy brand of activewear and its 44 single-brand stores in the U.S. into the operations of The North Face