All Corporations articles – Page 150
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Nike has taken a minority stake in California-based Reflektion, an...
Nike has taken a minority stake in California-based Reflektion, an e-commerce start-up that uses analytics to predict shopping habits. Reflektion announced this week it has secured an $8 million series B round of venture capital for its technology that helps retailers personalize the online shopping experience for consumers. Intel Capital ...
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Head NV has extended one more time its conditional share...
Head NV has extended one more time its conditional share buyback offer until March 31, stating that this will be a final opportunity for shareholders to tender their shares. The Dutch holding company of the Head group needs acceptances for more than 2.7 million shares for the buyback to go ...
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The Merkur Shoe Group (MSG), a German cooperative of shoe...
The Merkur Shoe Group (MSG), a German cooperative of shoe retailers, is taking over 23 of the 50-odd stores of Fink Schue + Sport, the insolvent German retailer. Members of MSG will be running them as licensees of Fink. The receivers are looking for investors who would like to acquire ...
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El Corte Inglés, the Spanish department store group that remains...
El Corte Inglés, the Spanish department store group that remains one of the major sporting goods retailers in its domestic market, is gearing up to launch a special web store in the U.K., Ireland and the Netherlands, proposing to become the biggest marketplace for Spanish brands in Europe. Desigual, which ...
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Prince Global Sports is relocating its world headquarters from New...
Prince Global Sports is relocating its world headquarters from New Jersey to the Buckhead area of Atlanta following its 2012 acquisition by Waitt Company, which has installed Mike Ballardie as its chief executive. Ballardie, who has moved there from the U.K., feels that Atlanta is a natural site for the ...
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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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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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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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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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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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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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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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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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Lenzing has received a loan of €100 million from the...
Lenzing has received a loan of €100 million from the European Investment Bank to support R&D and investments in new manufacturing capacities for its Tencel fibers
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Essilor International has reported the acquisition of Costa, the American...
Essilor International has reported the acquisition of Costa, the American sunglass manufacturer
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Alnisa Sport, distributor of Under Armour in Spain, is moving...
Alnisa Sport, distributor of Under Armour in Spain, is moving to new premises in Madrid
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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 ...
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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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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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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 ...
