All Corporations articles – Page 119
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News briefs
A store manager in Barnstaple, Alex Balacki has been elected...
A store manager in Barnstaple, Alex Balacki has been elected as the workers' representative on the board of Sports Direct International (SDI). This was one of the measures announced by the British sports retailer and wholesaler after it came under scrutiny last year, with regard to working practices at its ...
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In a conference call with financial analysts ahead of the...
In a conference call with financial analysts ahead of the release of its first-quarter financial results later this month, GoPro promised to cut its operating expenses this year by $200 million through various measures including the elimination of 270 jobs, or about 17 percent of its staff. The company, which ...
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The Adidas Group has teamed up with Carbon, a U.S....
The Adidas Group has teamed up with Carbon, a U.S. start-up company, to make running shoes featuring midsoles produced with light and oxygen, which may be manufactured on a large scale. The first batch of 5,000 shoes to be made as part of the Futurecraft 4D project should hit the ...
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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
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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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Sports Direct International has raised its stake in Debenhams, the...
Sports Direct International has raised its stake in Debenhams, the British chain of department stores, to the equivalent of 13.38 percent, including a put option on 10.5 percent of the equity. Meanwhile, reports indicate that workers at its warehouse in Shirebrook are still waiting to receive compensation by their recruitment ...
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Billabong International reports the completion of its sale of Tigerlily...
Billabong International reports the completion of its sale of Tigerlily to Crescent Capital Partners
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News briefs
Anta Sports Products, the leading Chinese sports apparel and footwear...
Anta Sports Products, the leading Chinese sports apparel and footwear brand, intends to raise 3.79 billion Hong Kong dollars (€449.3m-$487.9m) in a share issue, to fund acquisitions or partnerships with other international sports brands. The Chinese group has made such tie-ups an important part of its growth strategy, which most ...
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Another shareholder of Deckers Brands, Red Mountain Capital Partners, is...
Another shareholder of Deckers Brands, Red Mountain Capital Partners, is calling for a sale of the company or some of its brands because of its poor performance in the past three to five years
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News briefs
A total of 285 employees participated benefitted from the latest...
A total of 285 employees participated benefitted from the latest share incentive program of Amer Sports, receiving a total 1,313,386 treasury shares in the group, representing 1.11 percent of its equity. Amer listed among the participants various senior managers: Robert Barker, Michael Dowse, Sebastian Lund, Bernard Millaud, Jean-Marc Pambet, Kaisa ...
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Roeckl Handschuhe & Accessories filed for insolvency on March 21....
Roeckl Handschuhe & Accessories filed for insolvency on March 21. The company will close seven stores and 45 of its 200 employees will be made redundant. Roeckl Sports, which specializes in sports gloves and is managed and owned by Christian and Stefan Roeckl, is not affected by the insolvency, as ...
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Sports Direct International (SDI) has moved to clarify its role...
Sports Direct International (SDI) has moved to clarify its role in the acquisition of Agent Provocateur, a lingerie brand. The group said that, contrary to some press reports, the brand was not acquired by SDI but by Four Marketing, a branding agency in which it has a shareholding of 25 ...
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Thule Group has decided to divest a business in the...
Thule Group has decided to divest a business in the U.S. for the production and sale in North America of tool boxes for pick-up trucks that generated sales of 307 million Swedish kronor (€31.9m-$34.1m) last year. The process should be completed in the course of 2017, leaving the Specialty segment of ...
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News briefs
Grifone, a Spanish brand of outerwear that is regarded as...
Grifone, a Spanish brand of outerwear that is regarded as a local version of Moncler, is reportedly looking again for new investors. Its sales were last reported at €2.1 million in 2011, down from a peak of €6 million around 2010, and they have probably gone down further lately following ...
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Tretorn has set a goal of becoming the leading Scandinavian...
Tretorn has set a goal of becoming the leading Scandinavian supplier in the tennis sector. To achieve this, the Swedish company sold by Puma to Authentic Brands in 2015 has made changes in its organization and partnered with Adidas. Tretorn has acquired a license for the distribution in Scandinavia of ...
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Haglöfs, the Swedish outdoor brand owned by Asics, took a...
Haglöfs, the Swedish outdoor brand owned by Asics, took a hit in sales but roughly trebled its operating profit last year, as the Swedish outdoor brand owned by Asics cut out unprofitable distribution and adjusted its branding to start expanding again this year. Peter Fabrin, the company's chief executive, who ...
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Invista has announced that it is exploring alternatives for its...
Invista has announced that it is exploring alternatives for its Apparel & Advanced Textiles business. The company might either sell it or retain it and further invest in the business from within. Goldman Sachs is assisting the company in exploring strategic alternatives. Details about the exploration process are not being ...
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News briefs
Selected employees of Amer Sports at all levels received on...
Selected employees of Amer Sports at all levels received on March 10 a total of 175,230 shares in the group under three distinct stock incentive plans announced in 2013 and 2016. They were nominated based on performance, talent and future potential.
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News briefs
Reacting to adverse publicity about the handling of its staff,...
Reacting to adverse publicity about the handling of its staff, Sports Direct International has decided to allow a representative of all its 23,000 employees to attend its board meetings and to speak in their behalf. The British group has opened applications for the nomination of prospective candidates who will undergo ...
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News briefs
The Schwan-Stabilo Group, which bought Gonso in 2015, has decided...
The Schwan-Stabilo Group, which bought Gonso in 2015, has decided to close the head office in Albstadt of this brand of cycling apparel, rainwear and functional underwear and to move its operations to the head office of Maier Sports in Kongen to develop synergies. Maier recorded double-digit growth in 2016, ...
