All Corporations articles – Page 142
-
News briefs
Vista Outdoor, the sporting goods spin-off from Alliant Techsystems that...
Vista Outdoor, the sporting goods spin-off from Alliant Techsystems that owns Bushnell, Bollé and a raft of other brands, mostly in the firearms segment, is evaluating several merger and acquisition opportunities to diversify its product portfolio in areas such as camping, cycling, fishing, golf, snow sports, trail sports and water ...
-
News briefs
Safilo has decided to locate its global sports & outdoor...
Safilo has decided to locate its global sports & outdoor division in the new Pacific Coast Design Center in Portland, Oregon. The site will also serve as the head office of Smith Sports Optics for product development, marketing, sales and e-commerce. Chatham Baker and Drew Chilson will serve as creative ...
-
News briefs
The Recreation & Leisure segment of Dorel Industries has changed...
The Recreation & Leisure segment of Dorel Industries has changed its name to Dorel Sports and made another acquisition in Latin America. After the takeover of Caloi in Brazil, the Canadian parent company of Cannondale, GT, Schwinn, Sugoi and other bike brands is taking over the assets of Intercycles, a ...
-
News briefs
Sports Direct International has placed its USC chain of young...
Sports Direct International has placed its USC chain of young fashion stores into administration, a form of Chapter 11 bankruptcy. It has also placed it under the control of Republic, another British fashion chain in its portfolio. Reports indicate that 28 of the 90 USC stores may be closed down. ...
-
News briefs
Lotto Sport Italia and Stonefly, which share some managers and...
Lotto Sport Italia and Stonefly, which share some managers and shareholders, are reportedly studying a possible alliance at the administrative and logistic levels. The super-active Andrea Tomat runs both companies already. A spokesperson says the management has no comments at this stage.
-
Short stops
New Balance has moved into a new, 30,600-square-foot European head...
New Balance has moved into a new, 30,600-square-foot European head office at Birchwood, not far from its former location in Warrington, Cheshire
-
News briefs
Mike Ashley, who owns 57 percent of Sports Direct International,...
Mike Ashley, who owns 57 percent of Sports Direct International, reportedly granted the company a £40 million (€51.0m-$62.2m) loan in October to help finance its purchases for the holiday season, charging normal lending rates. SDI could have borrowed the money from a bank, but the loan reportedly allowed Ashley to ...
-
Short stops
Barclays Bank has downgraded Adidas' stockmarket rating because of the...
Barclays Bank has downgraded Adidas' stockmarket rating because of the weakness of the Russian ruble, estimating that this year it will cut its 2014 net income by $10 million and its sales by €80 million
-
News briefs
Mitteldeutsche Fahrradwerke (Mifa) has a new owner. All the assets...
Mitteldeutsche Fahrradwerke (Mifa) has a new owner. All the assets of the German bike maker have been acquired, by the Von Nathusius family, the sole shareholder of German auto parts supplier IFA Rotorion-Holding. Detailed terms of the deal were not disclosed but have guarantees from the state of Saxony-Anhalt. Mifa's ...
-
News briefs
Reed Business, a division of Reed Elsevier, has announced plans...
Reed Business, a division of Reed Elsevier, has announced plans to sell Bike Europe and 16 other B2B titles to B+B Vakmedianet, a Dutch publishing house. The decision is meant to allow Reed to focus on data and information solutions, the company said, as it is increasingly moving from digital ...
-
News briefs
Makalot, the Taiwan-based sportswear supplier, has announced a three-year plan...
Makalot, the Taiwan-based sportswear supplier, has announced a three-year plan to invest between $10 million and $15 million building two textile plants in Vietnam, one in northern Vietnam and one in the south. Both are scheduled to start operations in the first quarter of 2016. According to reports in The ...
-
News briefs
Kering has been looking since the beginning of this year...
Kering has been looking since the beginning of this year for investors who may be interested in taking over its 86 percent stake in Puma, says the Bloomberg news agency. Investment funds in Asia, Qatar and other parts of the Middle East were reportedly approached, but no takeover negotiations have ...
-
News briefs
Noël, the French footwear company that has been a licensee...
Noël, the French footwear company that has been a licensee of Umbro for many years, was placed in receivership by a court in Rennes on Dec. 8, with until June 8 to present a recapitalization plan. The company has been unable to conclude a satisfactory agreement for the transfer of ...
-
Short stops
Quiksilver has completed the sale of its majority stake in...
Quiksilver has completed the sale of its majority stake in Surfdome to Surfstitch
-
Short stops
Kelme has moved to a new head office in Elche...
Kelme has moved to a new head office in Elche
-
News briefs
Fox Factory is set to purchase Race Face and with...
Fox Factory is set to purchase Race Face and with it, Easton's bicycle components business. Race Face purchased Easton in April this year. Race Face/Easton designs, manufactures, and distributes globally high-performance wheels for mountain and road bikes as well as other high-performance cycling components including bars, cranks, stems and seat ...
-
Short stops
Quiksilver has set up a new German office in Munich,...
Quiksilver has set up a new German office in Munich, and Mervin Manufacturing, a former property of the company, has opened a showroom in the city
-
News briefs
YKK, the world's largest manufacturer of zippers, is reportedly planning...
YKK, the world's largest manufacturer of zippers, is reportedly planning to invest $88 million in its Vietnamese factory to raise its annual production by 30 percent to 10 billion units by the end of 2016 and to double it by 2017. The additional capacity will become available by November 2015 ...
-
News briefs
Amer Sports signed on Dec. 2 an agreement for a...
Amer Sports signed on Dec. 2 an agreement for a €150 million syndicated revolving credit facility for the next five years. Negotiated at favorable terms, it will be used for general corporate purposes including the refinancing of a €200 million syndicated loan obtained in 2011, which has now been terminated ...
-
Short stops
ATK has set a new date of Jan. 27, 2015...
ATK has set a new date of Jan. 27, 2015 for shareholders to meet and vote on proposals to spin off its sporting goods business, including Bushnell, and to merge the rest of the group with Orbital Sciences
