All Corporations articles – Page 120
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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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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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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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Another minority shareholder of Deckers Brands has called for a...
Another minority shareholder of Deckers Brands has called for a sale of the company, charging that it has underperformed in the past three to five years. Mountain Capital Partners, which owns 3.3 percent of the equity, complained in particular about poor capital allocation decisions by Deckers' management, adding that there ...
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L Catterton, the private equity firm backed by LVMH, is...
L Catterton, the private equity firm backed by LVMH, is reportedly looking to create the largest independent swimwear and beach lifestyle platform in the world through its investments in Seafolly and Maaji. The global platform will combine for the moment Seafolly, the Australian swimwear label, in which L Catterton acquired ...
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Reydon Sports, the British wholesaler, is moving to new premises...
Reydon Sports, the British wholesaler, is moving to new premises with a larger warehouse in the Nottingham area
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Rapala VMC Corporation has completed negotiations with its staff that...
Rapala VMC Corporation has completed negotiations with its staff that will lead to the layoff of 50 employees in Finland, but the talks are still on in Estonia, where a maximum of 10 should be let go
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VF Corporation has finalized a deal for the sale of...
VF Corporation has finalized a deal for the sale of Majestic, its U.S. factory and other parts of its Licensed Sports Group to Fanatics
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Der Spiegel reports that Jack Wolfskin could be taken over...
Der Spiegel reports that Jack Wolfskin could be taken over by hedge funds, as Blackstone is preparing to pull out of the German outdoor company. The U.S. private equity firm acquired Jack Wolfskin in a leveraged buy-out of an estimated €650 million in 2011 but it reportedly had to inject ...
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Sports Direct International (SDI) has finalized the sale of its...
Sports Direct International (SDI) has finalized the sale of its rights to the Dunlop brand and the related wholesale and licensing business to affiliates of Sumitomo Rubber Industry (SRI), for $137.5 million in cash. The sum is to be adjusted for net debt and working capital on completion. The agreement ...
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Sports Direct International has notified shareholders that Mash Holdings, the...
Sports Direct International has notified shareholders that Mash Holdings, the holding company of Mike Ashley, raised its direct and indirect stake in the company from 56 to 57 percent on Feb. 16
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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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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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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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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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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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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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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, ...
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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
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.
