All Corporations articles – Page 149
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News briefs
To better define sales and marketing activities, Swix Sports has...
To better define sales and marketing activities, Swix Sports has reorganized its company into two separate internal organizations – Sport and Outdoor. Though retailers and consumers will not be able to tell any difference, all Swix and Toko activities now fall under the Sport organization, while the brands Lundhags and ...
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Nautilus is said to searching for a “modest” new acquisition...
Nautilus is said to searching for a “modest” new acquisition while spending more time developing its international business by working more closely with distributors in key regions. The company saw its net income from continuing operations leap to $47.9 million last year from $16.9 million the year before as total ...
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Accell Group announced that its shares will be included in...
Accell Group announced that its shares will be included in the Midcap index (AMX) of Euronext Amsterdam beginning March 24. The AMX index is made up of 25 medium-sized listed companies on Euronext Amsterdam. It is the first time the Accell Group enters the AMX index since the company's listing ...
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Jarden Corp. intends to market $600 million worth of senior...
Jarden Corp. intends to market $600 million worth of senior convertible notes and to use $250 million out of the net proceeds to buy back some of its shares
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News briefs
Calida Holding of Switzerland has ended up with 59.92 percent...
Calida Holding of Switzerland has ended up with 59.92 percent of the shares in the Lafuma Group, up from 53.07 percent as of last Dec. 31, after a series of refinancing measures that have cut down its debt drastically and boosted equity to $56.88 million. A positive operating cash flow ...
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Intersport France said that operations at its factory in Machecoul,...
Intersport France said that operations at its factory in Machecoul, in the French region of Loire-Atlantique, are progressing steadily, reaching higher levels of production than initially planned. In March 2013, Intersport took over a French factory there, formerly owned by Cycleurope, which was placed in liquidation, to assemble about 200,000 ...
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Toray Industries has opened a new factory in the Czech...
Toray Industries has opened a new factory in the Czech Repubic and bought a piece of land in South Carolina for a factory that would service the whole American continent
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News briefs
Following a decision by the district court in Gothenburg, Sweden,...
Following a decision by the district court in Gothenburg, Sweden, Team Sportia's reorganization process is now complete, which means that the company can continue its operations. In a press release, the company's chief executive, Anders Edvardsson, indicated that the reorganization was made possible in part by the organizational changes that ...
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News briefs
Two major sports nutrition brands, Powerbar and Musashi, have been...
Two major sports nutrition brands, Powerbar and Musashi, have been sold by Nestlé to an American group, Post Holdings. Powerbar is better known in Europe than Musashi, which is mainly sold in Australia. Reportedly, the two brands of premium bars, powders and gels have been sold for twice their annual ...
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Head has once again extended its conditional offer to buy...
Head has once again extended its conditional offer to buy back its own shares until 5 PM on Feb. 28, keeping the same price. It set the new date on Feb. 11 in reporting that only 16,440,287 shares had been tendered, 14.4 percent short of the minimum of 19,214,042 shares ...
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News briefs
Dorotennis, the French brand of women's activewear owned by Max...
Dorotennis, the French brand of women's activewear owned by Max Azria, has been placed in receivership by a French court, three years after being placed in bankruptcy proceedings. Reports indicate that its turnover fell to €9.5 million in the financial year ended on Jan. 31, 2013 from €11.7 million in ...
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French court authorities are soliciting applications by March 31 for...
French court authorities are soliciting applications by March 31 for the ownership of Duarig, which went into receivership last October
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An Italian fund, Finsea, acquires a 30% stake in Slam,...
An Italian fund, Finsea, acquires a 30% stake in Slam, the Italian brand of nautical clothing, which is said to be heavily indebted
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News briefs
Specialty sporting goods and outdoor retailers in Germany and some...
Specialty sporting goods and outdoor retailers in Germany and some other countries are suffering from rising competition from pure online retailers like Zalando, a company that we generally cover only through Shoe Intelligence, our publication on the non-athletic shoe market, because of its emphasis on this sector. According to a ...
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Keller Sports, a German-based online retailer specializing in running, fitness...
Keller Sports, a German-based online retailer specializing in running, fitness and tennis, has received a new seven-digit financial investment from Christian Mangstl, who co-founded Scout24, a German online marketplace for the sale and purchase of cars, real estate, financial services and other types of items. The additional money will be ...
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News briefs
The Lafuma Group reports the successful completion of an equity...
The Lafuma Group reports the successful completion of an equity increase of €10 million, but the company had not yet published the new structure of the capital as of today. In a preliminary report, the group has indicated that its sales inched up by 2.8 percent in the quarter ended ...
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News briefs
The Pryde Group has closed its subsidiary in France and...
The Pryde Group has closed its subsidiary in France and moved its operations to Germany. The French subsidiary had assumed the distribution of the Flow brand of snowboarding equipment in France, Benelux, Germany, Austria and Spain. The company will keep an office in Annecy, to market Flow products in the ...
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JD Sports is reportedly starting its own chain low-cost gyms...
JD Sports is reportedly starting its own chain low-cost gyms in the U.K., to be run by Alun Peacock, a former associate director of DW Sports Fitness. The first studio is due to open this month in Hull on the premises of a former Fitness First gym. Also, JD plans ...
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Bike Europe reports on the insolvency of Pantherwerke, a German bike...
Bike Europe reports on the insolvency of Pantherwerke, a German bike producer, adding information on the continuation of the manufacturing process through another company partly owned by the Schminke family
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News briefs
Amer Sports reports that one of its shareholders, Varma Mutual...
Amer Sports reports that one of its shareholders, Varma Mutual Pension Insurance Company, has reduced its stake in the company to 3.02 percent. Amer also says that the number of treasury shares has increased to 983,587 as 1,000 shares that had been granted to employees as share-based incentives have been ...
