All Corporations articles – Page 144
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News briefs
Puma has announced plans to buy a stake of up...
Puma has announced plans to buy a stake of up to 5 percent in Borussia Dortmund, a leading German football team that it sponsors, as part of a capital increase that the club unveiled on Aug. 21. Borussia Dortmund is Germany's only listed football club. Dortmund plans to issue up ...
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Lyle & Scott has bought Front Up Rugby, the British...
Lyle & Scott has bought Front Up Rugby, the British rugby-inspired clothing brand, for an undisclosed price. Front Up Rugby sells T-shirts, rugby shirts, polo shirts and hoodies through its own website and also has accounts with U.K. retailers including House of Fraser and Debenhams. Lyle & Scott, whose move ...
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News briefs
Bruckmann, Rosser, Sherrill & Co. (BRS), a New York-based private...
Bruckmann, Rosser, Sherrill & Co. (BRS), a New York-based private equity firm, has acquired New Archery Products (NAP) and Quikfletch from NAP's founder, Andy Simo, and other Quikfletch stockholders. NAP and Quikfletch, based in Forest Park, Illinois, are designers and manufacturers of fixed and mechanical broadheads, vanes and fletching and ...
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News briefs
Kering has revealed a program to take all its existing...
Kering has revealed a program to take all its existing eyewear licenses in-house with the help of Roberto Vedovotto, who recently left as chief executive of Safilo. Its biggest eyewear license is for Gucci with Safilo, which will get $90 million in compensation for termination of the deal two years ...
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News briefs
Wolverine Worldwide is again looking at new acquisition opportunities, but...
Wolverine Worldwide is again looking at new acquisition opportunities, but with 16 brands already in its portfolio, it is mainly targeting brands with an annual turnover of between $75 million and $100 million and the potential to reach the $500 million level. Company officials also told analysts at a recent ...
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News briefs
Look Cycle has suspended its discussions about a possible sale...
Look Cycle has suspended its discussions about a possible sale of the company, according to company officials. They declined to comment on a report that the French company was talking to Altor Equity Partners, the Nordic investment fund that acquired control of the Rossignol Group at the end of 2013. ...
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Short stops
Hansbrands has closed its €400 million acquisition of DBA Apparel,...
Hansbrands has closed its €400 million acquisition of DBA Apparel, the European producer of underwear, intimate apparel and hosiery
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News briefs
The Singapore subsidiary of Shimano is investing about US$34 million...
The Singapore subsidiary of Shimano is investing about US$34 million to build a new manufacturing facility of 26,000 square meters in the Philippines to enhance the company's production of bicycle components for emerging markets. Construction began in July and should be completed by the end of this year.
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News briefs
The Adidas Group plans to move about 1,300 employees involved...
The Adidas Group plans to move about 1,300 employees involved in IT and other roles in Herzogenaurach to its World of Sports campus from other locations in the city, including its former headquarters in the city center. The company has created between 100 and 150 new jobs annually in Herzogenaurach ...
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News briefs
Safilo said that it plans to increase the share of...
Safilo said that it plans to increase the share of house brands - Polaroid, Carrera, Smith Optics, Safilo and Oxydo - to 40-45 percent of the group's total revenues in five to seven years from about 20 percent currently - through organic growth and through possible new acquisitions. Although it ...
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News briefs
JD Sports Fashion is moving its multi-channel content and production...
JD Sports Fashion is moving its multi-channel content and production team to The Sharp Project in Manchester. The British sports and fashion retailer has taken 10,400 square feet of production space at the complex on a £2 million (€2.50m-$3.36m) long-term lease. The Sharp Project, home to more than 50 digital entrepreneurs ...
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News briefs
Pou Chen, the world's largest shoe manufacturer and parent company...
Pou Chen, the world's largest shoe manufacturer and parent company of Yue Yuen, is said to be planning to set up its first factory in Myanmar, the former Birmania, with an investment of around US$100 million. Located near the country's capital, Yangon, it would have an annual capacity for nine ...
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Puma is reportedly considering buying a stake in Borussia Dortmund,...
Puma is reportedly considering buying a stake in Borussia Dortmund, the German football club of which it is a sponsor, similar to Adidas' stake in Bayern Munich
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News briefs
A spokesman for Birkenstock denies a report that the...
A spokesman for Birkenstock denies a report that the German shoemaker may use its growing popularity to jump into the growing running footwear sector. Together with a business consultancy, Trademark One or TM1, Birkenstock is evaluating possible licensing opportunities in four other areas: healthy living & sleeping, healthy working ...
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News briefs
The board of directors of Callaway Golf Co. authorized the...
The board of directors of Callaway Golf Co. authorized the company to spend up to $50 million to buy back some of its shares. The move came after a 10 percent drop in the share price since Callaway reported a 7.2 percent drop in its sales and a 70 percent ...
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News briefs
Sportalm, the Austrian sports apparel firm, has completed construction of...
Sportalm, the Austrian sports apparel firm, has completed construction of a new head office in Kitzbühel. The €6 million project is based on the Feng Shui principle, which is meant to provide energy for the employees through its harmonization with the surrounding environment. Most of the 2,000 square meters of ...
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News briefs
Payless ShoeSource, the big American shoe retail chain that was...
Payless ShoeSource, the big American shoe retail chain that was formerly owned by Collective Brands, has sold Airwalk to Authentic Brands Group (ABG), along with three other brands – Hind, Vision Street Wear and Above the Rim – that had not been taken over by Wolverine Worldwide from Collective at ...
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Amer Sports is repurchasing up to one million of its...
Amer Sports is repurchasing up to one million of its own shares between Aug. 15 and Aug. 31, has on the authorization given by its board of directors last March 6
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After selling its bowling business, Brunswick Corp. is acquiring Bell...
After selling its bowling business, Brunswick Corp. is acquiring Bell Recreational Products, a U.S. supplier to the marine, recreational vehicle and powersports markets with annual sales of $40 million, which will report to its Mercury Marine unit
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News briefs
Bogner is for sale, according to Reuters. Confirming long-standing speculation,...
Bogner is for sale, according to Reuters. Confirming long-standing speculation, the news agency reports that Willy Bogner, president and controlling shareholder of the German family-owned company, has mandated Goldman Sachs to find a new owner, possibly an institutional investor. He is proposing a valuation of around €250 million, close to ...
