All Corporations articles – Page 134
-
News briefs
Harbinger, a U.S. supplier of performance strength and fitness accessories,...
Harbinger, a U.S. supplier of performance strength and fitness accessories, has been acquired by Implus, a multi-brand company specializing in athletic, fitness and outdoor products. Established in 1988, Harbinger supplies a wide range of products such as gloves, belts, straps, strength training aids and functional fitness items. Implus, which has ...
-
News briefs
Acushnet, which is the parent company of Titleist and Footjoy,...
Acushnet, which is the parent company of Titleist and Footjoy, is holding discussions with various investment banks in preparation for a possible return to the stock market, according to Bloomberg. The company, which has been performing better than TaylorMade-Adidas Golf and other golf majors in a difficult market, was sold ...
-
News briefs
Adidas France is to transfer its French head office to...
Adidas France is to transfer its French head office to Strasbourg toward the end of 2017, in the new business area of Wacken. It will thus leave the village of Landersheim near Saverne, where it was established in 1973. Despite repeated renovations, the office complex was apparently no longer suitable. ...
-
News briefs
Lost International, the American brand of surfboards, skateboards and related...
Lost International, the American brand of surfboards, skateboards and related apparel and accessories launched in 1985, is switching to a licensing model for its sales in the U.S., Europe and many other territories. An investment group based in Chino, California and led by Nick Agakanian will reportedly take care of ...
-
News briefs
Infront Sports & Media, the Swiss-based sports marketing company, has...
Infront Sports & Media, the Swiss-based sports marketing company, has sealed an agreement to buy and integrate Gsport and Sport09 into Infront Italy. Gsport is one of Italy's leading companies for marketing rights management in national club football, while Sport09 is one of the country's major media agencies for sport. ...
-
News briefs
Andrew Vara, the trustee appointed to oversee the bankruptcy of...
Andrew Vara, the trustee appointed to oversee the bankruptcy of Quiksilver in the U.S., has appointed a committee to represent the company's unsecured creditors in the court hearings due to be held next week. They are Justin Shearer from Global Corporate Trust Services, Baily Dent of New Generation Advisors, Ian ...
-
News briefs
Life Fitness, a division of Brunswick Corp., has announced a...
Life Fitness, a division of Brunswick Corp., has announced a 50,000-square-foot expansion for its factory in Ramsey, Minnesota, which will bring the surface of the facility to more than 330,000 square feet. The expansion was decided after production at the factory nearly doubled over the last six years. The addition ...
-
News briefs
Signa Holding, the Austrian-base real estate company that controls Karstadt...
Signa Holding, the Austrian-base real estate company that controls Karstadt and Karstadt Sports, has some new shareholders. Textilwirtschaft mentions the Falcon Private Bank of Abu Dhabi with a stake of 24.9 percent and Ernst Tanner, chief executive of Lindt & Sprüngli, with 10 percent of the shares. They take the ...
-
News briefs
Thule Group has inaugurated an expanded global testing center in...
Thule Group has inaugurated an expanded global testing center in Hillerstorp, Sweden. The new lab features a doubling of space - from 600 to 1,200 square meters - and additional tools that enable the testing of all products in Thule's expanding product portfolio, thanks to an additional investment of SEK20 ...
-
Short stops
Nick Woodman, founder and chief executive of GoPro, has denied...
Nick Woodman, founder and chief executive of GoPro, has denied a possible sale of his company to Apple
-
News briefs
The Mammut Sports Group has decided to outsource the labor-intensive...
The Mammut Sports Group has decided to outsource the labor-intensive manufacture of its ropes at its facility in Seon by Sept. 1, 2016, but the Swiss company will continue to use the site to design, develop, test and market its ropes. The new contractor is an Austrian family-owned company, Teufelberger. ...
-
News briefs
Johnson Health Tech (JHT), the Taiwanese fitness equipment maker that...
Johnson Health Tech (JHT), the Taiwanese fitness equipment maker that owns the Matrix, Vision and Horizon brands, has acquired Stak Fitness, a leading distributor of fitness gear in Canada. It will operate as a separate subsidiary for JHT, with current management and staff. Established in 2004 by Karim Toupin-Chaieb, Stak ...
-
News briefs
Nike has a new $2.0 billion revolving credit facility with...
Nike has a new $2.0 billion revolving credit facility with Bank of America, Citibank, Deutsche Bank and HSBC. Replacing a $1.0 billion line of credit, it matures in July 2020, with option for a two-year extension. At the end of the last quarter, Nike had cash and short-term investments worth ...
-
Short stops
Sports Direct International has acquired a 25% stake in Four...
Sports Direct International has acquired a 25% stake in Four Marketing, the British distributors of various fashion brands including Stone Island, CP Company and 7 For All Mankind
-
News briefs
Hero Cycles, the major Indian bicycle producer, has acquired control...
Hero Cycles, the major Indian bicycle producer, has acquired control of Avocet Sports, a major distributor of cycling products based in Manchester, U.K. In its attempt to enter the European market, Hero started two years talks for the takeover of Mifa, the financially stricken German bike producer, but they failed. ...
-
News briefs
Wolverine Worldwide remains interested in acquisitions, but while there are...
Wolverine Worldwide remains interested in acquisitions, but while there are plenty of actionable assets in the market, the valuations are a bit high. Wolverine would prefer a good brand with heritage with at least $75 million in revenues - ideally between $200 million and $600 million. An acquisition outside the ...
-
News briefs
Thule Group has signed an agreement to sell its snow...
Thule Group has signed an agreement to sell its snow chain business to an Austrian-based company, Schneeketten. The divestment will allow Thule to focus more on its core outdoor and bags segment. Its snow chain division posted sales of 136 million Swedish kronor (€14.6m-$16.5m) in 2014. Its staff of 145 ...
-
News briefs
Alibaba Group Holding has established a new Alibaba Sports Group...
Alibaba Group Holding has established a new Alibaba Sports Group together with Sina Corporation and Yunfeng Capital. The idea is to leverage Alibaba's large e-commerce footprint in China with Sina's media resources to create an integrated, internet-based sports platform for the benefit of the sports industry, sports teams, sports fans ...
-
News briefs
Suunto, a subsidiary of Amer Sports, has opened a new...
Suunto, a subsidiary of Amer Sports, has opened a new Mobile Competence Center in Tampere, Finland. The facility, which was inaugurated on Aug. 10, is focused on the development of digital services and native applications for both iOS and Android. Suunto said it decided to start the center because of ...
-
News briefs
Assos of Switzerland, the well-known maker of bikewear from Lugano,...
Assos of Switzerland, the well-known maker of bikewear from Lugano, has changed ownership. The founding Maier family has sold its shares to a pool of investors led by Phil Duff, the former chief executive of Black Diamond, the U.S. brand of outdoor and snow sports equipment. Duff will reportedly take ...
