All Corporations articles – Page 145
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The business of Fairchild Fashion Media, publisher of Women's Wear...
The business of Fairchild Fashion Media, publisher of Women's Wear Daily, Footwear News and other trade publications, is changing hands again. Conde Nast, the publisher of Vogue and Vanity Fair, is selling the business to Penske Media Corporation, publisher of Variety and other magazines and internet-based information services. Comerica is ...
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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
