All Corporations articles – Page 145
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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
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
Sequential Brands Group has announced a secondary offering of shares...
Sequential Brands Group has announced a secondary offering of shares to raise an estimated $184.2 million, with warrants for additional shares worth more than $40 million. It did so after the completion of its takeover of Galaxy Brand Holdings for US$100 million, adding brands such as And1, Avia and Nevados ...
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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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News briefs
SR Suntour will start assembling rear shocks in France. The...
SR Suntour will start assembling rear shocks in France. The company announced at the recent Eurobike trade show that it will start with rear shocks, but this could be expanded to other bike components such as suspension forks. In the next few months, the Vélovertigo facility in Chambéry, France will ...
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News briefs
Shock Doctor, the U.S. brand of protection equipment including mouth...
Shock Doctor, the U.S. brand of protection equipment including mouth guards, footbeds and more, has acquired XO Athletic, another specialty company for protective gear, for an undisclosed amount. The acquisition provides access to patented technologies owned by XO along with retail efficiencies that are supposed to benefit both brands. Shock Doctor ...
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Short stops
Deckers Outdoor Corporation is launching a new logo and a...
Deckers Outdoor Corporation is launching a new logo and a new corporate brand name, Deckers Brands, for its marketing and communications efforts. to mark its transformation into an omni-channel organization, but the company will remain formally registered under its present name
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News briefs
The loss-making Groupe Go Sport is likely to go private...
The loss-making Groupe Go Sport is likely to go private soon. Rallye, which already owns 93.72 percent of the French sports retailer's shares and 94.62 percent of the voting rights, announced last night its intention to make a tender offer for the balance of the shares for €9.10 a share. ...
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News briefs
Chip Wilson, the controversial founder of Lululemon, is selling 40.2...
Chip Wilson, the controversial founder of Lululemon, is selling 40.2 million shares in the company, or half of his 27.7 percent share, for $845 million. The buyer is Advent International, a company that worked closely with Wilson in the past, investing in Lululemon in 2005, but cashed out in June ...
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Short stops
The Feldenkreis family, which owns 20 percent of the diluted...
The Feldenkreis family, which owns 20 percent of the diluted shares of Perry Ellis International, is said to be considering a possible change of ownership
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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 ...
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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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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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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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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
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
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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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
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 ...
