All Corporations articles – Page 146

  • News briefs

    Payless ShoeSource, the big American shoe retail chain that was...

    2014-08-18T00:00:00Z

    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 ...

  • News briefs

    Sportalm, the Austrian sports apparel firm, has completed construction of...

    2014-08-18T00:00:00Z

    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 ...

  • News briefs

    The board of directors of Callaway Golf Co. authorized the...

    2014-08-18T00:00:00Z

    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 ...

  • News briefs

    A spokesman for Birkenstock denies a report that the...

    2014-08-18T00:00:00Z

    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 ...

  • Short stops

    Puma is reportedly considering buying a stake in Borussia Dortmund,...

    2014-08-18T00:00:00Z

    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

  • News briefs

    Pou Chen, the world's largest shoe manufacturer and parent company...

    2014-08-18T00:00:00Z

    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 ...

  • News briefs

    JD Sports Fashion is moving its multi-channel content and production...

    2014-08-18T00:00:00Z

    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 ...

  • News briefs

    Safilo said that it plans to increase the share of...

    2014-08-18T00:00:00Z

    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 ...

  • News briefs

    Mark King, the former chief executive of Taylormade Adidas Golf...

    2014-08-01T00:00:00Z

    Mark King, the former chief executive of Taylormade Adidas Golf who was appointed at the helm of Adidas North America in April, has told American reporters that he wants to narrow the focus of the brand in terms of sports categories, and to have a more far-reaching involvement in the ...

  • News briefs

    Exceed Company has once again announced a postponement of the...

    2014-08-01T00:00:00Z

    Exceed Company has once again announced a postponement of the extraordinary shareholders' meeting to vote on a merger agreement that would lead to its chairman and chief executive, Shuipan Lin, taking over 64 percent control of the company, which trades in China under the Xidelong brand. First proposed last Dec. ...

  • News briefs

    Black Diamond Equipment has announced the completion of its sale...

    2014-08-01T00:00:00Z

    Black Diamond Equipment has announced the completion of its sale of Gregory Mountain Products to Samsonite for $84.1 million. The company has used $26.7 million out of the net proceeds of $68.4 million to pay off its credit facility. Knowledgeable officials have indicated to us that this is unlikely to ...

  • Short stops

    Columbia Sportswear has announced a two-for-one stock split

    2014-08-01T00:00:00Z

    Columbia Sportswear has announced a two-for-one stock split

  • News briefs

    Bondholders of Mitteldeutsche Fahrradwerke (Mifa), the largest bike manufacturer in...

    2014-08-01T00:00:00Z

    Bondholders of Mitteldeutsche Fahrradwerke (Mifa), the largest bike manufacturer in Germany, have agreed to delay payment of interest on their bonds, originally scheduled for Aug. 12, until the presentation of a new business plan at end of October. They have appointed a Munich-based consultant, One Square Advisory Services, to negotiate ...

  • News briefs

    Carlyle, the private equity fund, has divested its remaining 7.13...

    2014-07-23T00:00:00Z

    Carlyle, the private equity fund, has divested its remaining 7.13 percent interest in Moncler for €215 million, selling more than 17.8 million shares at a unit price of €12.04. That is 0.5 percent higher than the closing price of the previous day, but then Moncler's share price has fallen by ...

  • News briefs

    Jarden Corporation has set the pricing for a €300 million...

    2014-07-23T00:00:00Z

    Jarden Corporation has set the pricing for a €300 million bond offering that it is placing with qualified institutional investors and buyers outside the U.S. The notes will pay a semi-annual interest of 3.75 percent and mature on Oct. 1, 2021. They will be guaranteed by some of Jarden's U.S. ...

  • News briefs

    Giant has announced that it will invest US$50 million in...

    2014-07-23T00:00:00Z

    Giant has announced that it will invest US$50 million in new corporate headquarters with research and design buildings and state-of-the-art facilities. The Taiwanese company, which is recognized as the world's largest bicycle manufacturer, said it has already gained approval for the plan from the management of the Central Taiwan Science ...

  • News briefs

    Lino Dainese is reportedly planning to sell between 70 and...

    2014-07-23T00:00:00Z

    Lino Dainese is reportedly planning to sell between 70 and 80 percent of the Italian high-tech protection company that bears his name after the summer, choosing one of the candidates for the acquisition. It will probably be a strategic investor. A business plan calls for an increase in Dainese's turnover ...

  • News briefs

    Accell Group is one of six companies listed on Euronext...

    2014-07-23T00:00:00Z

    Accell Group is one of six companies listed on Euronext Amsterdam that are going to be allowed to use a new class of Spotlight Options. They will have short-term maturities of one, two or three months. Accell has been listed on Euronext Amsterdam since 1998 and joined the Amsterdam Midkap ...

  • News briefs

    Samsonite International, the international luggage giant, which already purchased High...

    2014-07-23T00:00:00Z

    Samsonite International, the international luggage giant, which already purchased High Sierra two years ago, has signed a definitive agreement to buy Gregory Mountain Products, a more technical and outdoor-oriented brand of backpacks, from Black Diamond Inc. Somewhat like Eastpak and JanSport, which are both owned by VF Corporation, the two ...

  • News briefs

    Dennis Wilson, the founder of Lululemon Athletics, is attempting to...

    2014-07-23T00:00:00Z

    Dennis Wilson, the founder of Lululemon Athletics, is attempting to regain control of the company, according to American press reports. The Wall Street Journal reported that Wilson was studying various options, together with Goldman Sachs. These include a buyout of the company but also a sale of Wilson's shareholding, placed ...