All Corporations articles – Page 154
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News briefs
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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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 ...
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Nike has reportedly acquired a minority stake in a Californian...
Nike has reportedly acquired a minority stake in a Californian start-up, called Grabit, for less than $600,000. Grabit is described as a company that develops machinery in the fields of manufacturing and logistics and offers special products such as grippers and smart conveyors based on electrically controlled adhesion technologies. Grabit's ...
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Cannondale has acquired a controlling interest in the Cannondale Pro...
Cannondale has acquired a controlling interest in the Cannondale Pro Team by taking a majority stake in Brixia Sports, which has owned the team since August 2012. The team was previous known as the Liquigas Pro Cycling Team, and Cannondale became its technical sponsor in 2007. It became the Liquigas-Cannondale ...
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Permira has acquired Dr. Martens (more on this in Shoe...
Permira has acquired Dr. Martens (more on this in Shoe Intelligence)
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Bauer Performance Sports has announced that Kohlberg & Co., the...
Bauer Performance Sports has announced that Kohlberg & Co., the company's largest shareholder, has agreed to hold a secondary offering of 3.2 million shares of Bauer stock at 12.15 Canadian dollars (€8.67m-$11.74m) each. In addition, a syndicate of the underwriters that has entered into an agreement with the Kohlberg funds, ...
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News briefs
Netrada Europe, a German company that has supplied e-commerce services...
Netrada Europe, a German company that has supplied e-commerce services to more than 80 brands, has filed for insolvency, apparently due to a cash squeeze caused by its rapid development. Sources indicate that it has the backing of the banks and that it plans to continue to operate normally, going ...
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News briefs
Golf Datatech, the Florida-based market research company, and Yano Research...
Golf Datatech, the Florida-based market research company, and Yano Research Institute of Japan have announced a strategic alliance aimed at aggregating consistent data on the golf industry worldwide. The alliance will release a “US/Japan Golf Market Report” in January 2014, which will compare the relative size and scope of the ...
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News briefs
Sports Marketing Surveys USA (SMS USA) has entered into a...
Sports Marketing Surveys USA (SMS USA) has entered into a partnership agreement with AA Data Company, the California-based provider of retail information to the surf and skateboard industry. AA Data has developed proprietary data collection and translation software systems to produce the ActionWatch market intelligence program. The two companies will ...
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Pittards, a major supplier of leather to the sporting goods...
Pittards, a major supplier of leather to the sporting goods sector, says it refused a cash offer for the acquisition of its shares
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News briefs
NPD Group is taking over the retail sales tracking and...
NPD Group is taking over the retail sales tracking and consumer research business of Leisure Trends, an American market research firm that has been providing statistical data in the sports, outdoor and recreation industries. The combined operation will be based in Boulder, Colorado, collecting information from over 26,000 stores in ...
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News briefs
Sergio Tacchini has a new head office in Milan, on...
Sergio Tacchini has a new head office in Milan, on Via Savona 97. It is located in a former industrial area that has been renovated, becoming one of the new landmarks in town for fashion and design. The brand moved its showroom from a lakeside town to Milan last July ...
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Quiksilver reports the sale of its snowboard manufacturing operations to...
Quiksilver reports the sale of its snowboard manufacturing operations to Extreme Holdings for an undisclosed amount of cash, as part of a profit improvement plan announced last May. The operations consist of Mervin Manufacturing and its Gnu and Lib Tech brands. Extreme Holdings is described as a company “advised” by ...
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Adidas has been selected for the 14th consecutive year to...
Adidas has been selected for the 14th consecutive year to be listed on the Dow Jones Sustainability Index, which tracks the performance of globally operating companies in terms of sustainable business conduct, eco-friendliness and social responsibility. The Three Stripes was rated as industry leader in the category of textiles, apparel ...
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Nike was promoted on Sept. 20 to the Dow Jones...
Nike was promoted on Sept. 20 to the Dow Jones Industrial Average, the star index of the New York stock exchange, along with Goldman Sachs and Visa. They take the place of Hewlett-Packard, Bank of America and Alcoa.
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News briefs
Tern has secured a US$4.3 million round of funding from...
Tern has secured a US$4.3 million round of funding from private investors. The two-year old company, which specializes in bicycles and accessories for urban transport, said that it will use the funding to accelerate global expansion and to increase investments in product development. The founder, Joshua Hon, and his mother, ...
