All Corporations articles – Page 139
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News briefs
Reports indicate that Metro Group has started discussing the possible...
Reports indicate that Metro Group has started discussing the possible sale of its Kaufhof and GB Inno department stores in Germany and Belgium, possibly including the Kaufhof Sportarena stores, with the Canadian Hudson's Bay department store group. Signa Retail, the Austrian-based real estate company that bought Karstadt and Karstadt Sports, ...
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Orbea is buying a 8,000-square-meter facility to expand its assembly...
Orbea is buying a 8,000-square-meter facility to expand its assembly capabilities at its plant in Portugal. In addition, the Spanish bike maker said it is increasing the customizing potential of its production center in Mallabia, Spain, while also boosting its logistics and soft-good development platform in Hong Kong, and investing ...
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News briefs
More than 500 employees of Converse have moved to the...
More than 500 employees of Converse have moved to the company's new state-of-the-art head office in downtown Boston from its former suburban premises. It occupies more than 186,000 square feet in a renovated building on the waterfront.
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News briefs
Evans Cycles of the U.K. is being sold by Active...
Evans Cycles of the U.K. is being sold by Active Private Equity to ECI Partners. The financial details of the transaction were not disclosed. Active Private Equity had bought its controlling interest in the company, at the time a family-owned chain, in 2008 for about £35 million (€47.6m-$53.0m). The company has ...
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News briefs
While selling Rockport, the Adidas Group is said to be...
While selling Rockport, the Adidas Group is said to be investing in Bucketfeet, a new and innovative American brand of canvas sneakers along with Gordon Segal, founder of Crate & Barrell, and others. Adidas, which is apparently making the investment through a fund called Hydra Ventures, declined to comment on ...
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News briefs
Bridgedale's North American sales and administrative office in Toronto, Canada...
Bridgedale's North American sales and administrative office in Toronto, Canada is now open for business. The office ships products to customers in the U.S. and Canada via its new distribution center in Buffalo, New York. The sock and accessories brand has also communicated that it is currently hiring sales agents ...
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News briefs
Head is finally leaving the stock exchange. Shareholders approved all...
Head is finally leaving the stock exchange. Shareholders approved all the resolutions put forward at the company's annual meeting in Amsterdam on April 28, including a proposal to convert Head NV to a private liability company and to amend the articles of association. The company will no longer publish quarterly ...
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News briefs
SurfStitch is restructuring its European operations. The Australian online surfwear...
SurfStitch is restructuring its European operations. The Australian online surfwear retailer will close down its eponymous site to focus on Surfdome, which it acquired from Quiksilver six months ago. Surfdome had 25 million visitors last year, versus 6.7 million for SurfStitch Europe. The company is also planning to shut down ...
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News briefs
Berkshire Partners, an investment firm based in Boston, has teamed...
Berkshire Partners, an investment firm based in Boston, has teamed up with the management at Implus Corporation to acquire a majority stake in the U.S. company, which owns a gaggle of accessory brands in the footwear and fitness markets. The stake was bought from Trilantic North America at an undisclosed ...
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Short stops
Hudson Bay, the Canadian department store, is said to interested...
Hudson Bay, the Canadian department store, is said to interested in the acquisition of Galeria Kaufhof, the subsidiary of Metro Group with stores in Germany and Belgium
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News briefs
Shock Doctor Sports and McDavid have finalized their merger, without...
Shock Doctor Sports and McDavid have finalized their merger, without releasing the financial details of the transaction. Tony Armand, president and chief executive of Shock Doctor, will act as CEO of the new entity. Bob McDavid, president and CEO of the eponymous firm, will act as chairman. The two companies ...
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News briefs
Alibaba and three other Chinese companies are reported to be...
Alibaba and three other Chinese companies are reported to be interested in the takeover of AC Milan. The famous Italian football club is also said to be the target of a crowdfunding initiative in China intended to raise at least $1 billion for its acquisition by the general public and ...
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News briefs
Under Armour has opened a head office for Connected Fitness...
Under Armour has opened a head office for Connected Fitness in Austin, Texas, employing more than 100 people specializing in digital health and fitness. The company's Connected Fitness platform forms what is touted as the world's largest digital health and fitness community through several applications, which Under Armour has either ...
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News briefs
XXL ASA, the leading Norwegian sporting goods retailer, is setting...
XXL ASA, the leading Norwegian sporting goods retailer, is setting aside 105,000 own shares for its employees based on individual bonus agreements, starting with six members of its financial department. These share units carry a strike price of 76.08 Norwegian kroner (€8.77-$9.45), and they will be vested after three years. ...
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News briefs
Puma opened a subsidiary in Indonesia at the start of...
Puma opened a subsidiary in Indonesia at the start of this year, putting an end to a long licensing and distribution agreement with PT Mitra Adiperkasa, a leading fashion and sports retailer in the country. The company already has subsidiaries in Malaysia and Singapore, where it appointed the seasoned Puma ...
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Short stops
Tradeinn has expanded its logistic platform near Girona from 3,000...
Tradeinn has expanded its logistic platform near Girona from 3,000 to 8,000 square meters to cope with its continuous growth
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News briefs
Basicnet has concluded a new financing package worth €15 million...
Basicnet has concluded a new financing package worth €15 million with Istituto di Credito Intesa San Paolo for the next four years, to be amortized on a quarterly basis. Meanwhile, the company's board of directors has decided to propose to its shareholders a new program to buy back shares for ...
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News briefs
Contrary to previous expectations, 21sportsgroup, the German online and offline...
Contrary to previous expectations, 21sportsgroup, the German online and offline retailer based in Mannheim, has finally agree to take over Planet Sports, the German action sports retailer. The company had announced in January its intention to make the acquisition but then backed out of the deal, claiming that Planet Sports' ...
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News briefs
Amer Sports has transferred 290,596 of its treasury shares to...
Amer Sports has transferred 290,596 of its treasury shares to its personnel who participate in various performance share and stock incentive programs instituted in 2010 and 2013. This leaves Amer with 1,131,756 own shares, or 0.95 percent of the whole equity. Meanwhile, Amer's board of directors has approved a new ...
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News briefs
PAI Partners is considering the acquisition of Evans Cycles, a...
PAI Partners is considering the acquisition of Evans Cycles, a British chain of 50 bike stores that sells also online, according to The Telegraph. The Paris-based fund recently bought A.S. Adventure, the largest outdoor retailer in Europe.
