All Corporations articles – Page 153
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News briefs
New Balance says it is recruiting more workers at its...
New Balance says it is recruiting more workers at its British factory in Cumbria, which assembles 28,000 pairs of shoes per week, expecting more business following a new contract as the official supplier of shoes and apparel to the Irish Olympic Team. The deal covers the supply of high-performance apparel ...
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Fred Perry has reportedly taken over Levenham, a British supplier...
Fred Perry has reportedly taken over Levenham, a British supplier of equestrian clothing and equipment
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The Greenmaster Group from Taiwan is reorganizing its European business...
The Greenmaster Group from Taiwan is reorganizing its European business by setting up Greenmaster Europe, with a new structure intended to make it more efficient. It will take the place of Green Fitness, a seven-year-old company in Germany in which Erik von Delius was a partner. He also became its ...
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Shimano Europe Holding will start a new company to represent...
Shimano Europe Holding will start a new company to represent Shimano in Turkey, for both bike and fishing products, from Jan. 1, 2014. Shimano Menat, the name of the new subsidiary, will be based in Istanbul. Cooperation will continue in the country with two long-standing partners of the company: ...
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A Norwegian online retailer and wholesaler, VPG Holding, has purchased...
A Norwegian online retailer and wholesaler, VPG Holding, has purchased a 10 percent stake in 4frnt, an American ski manufacturer based in Salt Lake City. The investment makes VPG, which distributes its products in Norway, the second largest shareholder in the company behind its founder, Matt Sterbenz. One of the ...
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Amer also reports that a total of 19,109 shares granted...
Amer also reports that a total of 19,109 shares granted as share-based incentives were returned to Amer Sports on Nov. 7 in accordance with the terms of an incentive plan as the employment of their holders came to an end. Amer holds now a total of 982,587 shares of its ...
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Under Armour is paying $150 million for the takeover of...
Under Armour is paying $150 million for the takeover of MapMyFitness, a company in its hometown of Baltimore whose digital fitness platform has more than 20 million users. It allows them to track and share their progress in running and other fitness activities through the social media. Under Armour, which ...
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News briefs
A new round of financing has provided the German-based 21sportsgroup...
A new round of financing has provided the German-based 21sportsgroup with sufficient working capital to finance its purchases until 2016, according to a press release by the company, which says that this is also going to improve profitability because of the discounts generally granted by suppliers on pre-orders. Further details ...
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News briefs
Callaway Golf has redeemed all its 7.5 percent Series B...
Callaway Golf has redeemed all its 7.5 percent Series B convertible preferred shares. Of those, 183,496 were converted into 2,602,770 ordinary shares and the 300 others were redeemed for $30,356.25.
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News briefs
Amer Sports has issued a bond worth 750 million Swedish...
Amer Sports has issued a bond worth 750 million Swedish kronor (€85.4m-$115.4m) to institutional investors, with a floating rate and a loan period of five years. It will use the bond for the repayment of loans and general corporate purposes. Nordea Markets acted as the sole book-runner for the bond, which ...
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News briefs
JD Sports Fashion, which already operates 81 Blacks and 76...
JD Sports Fashion, which already operates 81 Blacks and 76 Millets outdoor stores in the U.K., is acquiring a controlling stake in Tiso Group, the largest outdoor retailer in Scotland, from the Tiso family, which will continue to be involved with a minority stake. Chris Tiso will remain as chief ...
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Sram's exclusive distributor, Kalnai Sports, has applied for insolvency proceedings...
Sram's exclusive distributor, Kalnai Sports, has applied for insolvency proceedings
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Kohlberg Management has reduced its stake in Bauer Performance Sports...
Kohlberg Management has reduced its stake in Bauer Performance Sports to 10.3 percent following the sale of 6,325,000 shares including an over-allotment option, which netted proceeds of 76.9 million Canadian dollars (€54.5m-$73.5m)
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News briefs
Fletcher Leisure Group of Canada has been placed in receivership....
Fletcher Leisure Group of Canada has been placed in receivership. The company owns the Sunice label and is the golf apparel licensee for AUR, Tommy Hilfiger and Bridgestone. Reports indicate that Fletcher's receiver, PriceWaterhouseCoopers, is about to sell some of the assets to an unnamed strategic investor. Fletcher dismissed 55 ...
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Moncler has sold its sportswear division to Cavaliere Brands, a...
Moncler has sold its sportswear division to Cavaliere Brands, a company indirectly controlled by Emerisque Brands, a global investor that operates mainly in the U.K., the U.S. and Hong Kong. Moncler's sportswear division includes the Marina Yachting, Henry Cotton's, Coast Weber & Ahaus brands as well as the license for ...
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Confirming earlier reports, Moncler announced on Oct. 14 that it...
Confirming earlier reports, Moncler announced on Oct. 14 that it had formally submitted a request for quotation on the Italian stock exchange and for approval of the related prospectus for its public offering
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Osprey Europe has adopted the iVendix B2B e-commerce platform of...
Osprey Europe has adopted the iVendix B2B e-commerce platform of Centerstone Technologies
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News briefs
On Oct. 5, Gazelle, the Dutch bicycle company, suffered a...
On Oct. 5, Gazelle, the Dutch bicycle company, suffered a fire that destroyed its parts and accessories warehouse in Dieren. The causes of the fire are under investigation. Other buildings were saved and production was not disrupted. The warehouse, which is now reduced to ruins, had been opened in 2005. ...
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El Corte Inglés has agreed to sell a 51 percent...
El Corte Inglés has agreed to sell a 51 percent stake in its consumer finance business, Financiera El Corte Inglés, to Santander, one of its major lenders. According to Reuters, the bank is paying €140 million for the profitable operation, which generated revenues of €168.4 million last year. If regulatory ...
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Accell Group is expected to undergo a new round of...
Accell Group is expected to undergo a new round of restructuring, which should affect, in particular, its Dutch companies. According to a report in Bike Europe, the staff of the Accell's companies in the Netherlands was informed on Oct. 2 of the proposed changes, but the details of the new round ...
